Crypto News
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Changpeng Zhao, the founder and former CEO of crypto exchange Binance, heads to a Seattle courtroom on Tuesday to learn whether the crimes he admitted to committing will land him in prison for an extended sentence. In November, Zhao pleaded guilty to enabling money laundering at Binance. As part of his plea deal with the Department of Justice, Zhao agreed ...
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video The Securities and Exchange Commission and its chairman, Gary Gensler, appear to have believed for at least a year that the second largest cryptocurrency, ethereum, may be an unregistered security trading out of compliance with current federal regulations, FOX Business has learned. The revelation comes following the filing of an unredacted complaint ...
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The past century has been a wild ride for investors. This article explores ten of the most dramatic plunges the stock market has witnessed, from the tech-fueled Dot-com bubble burst to the global economic shock of the COVID-19 pandemic. Each crash offers a unique story, exposing vulnerabilities in the system and highlighting the interconnectedness of ...
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Ethereum (ETH) began the week by posting losses of 4.2% on Monday after recent filings from Consensys revealed that the Securities & Exchange Commission (SEC) began formal investigations into ETH's security status since March 2023. Daily digest market movers: ETH outflows, SEC's Ethereum security classification, Hong Kong ETFs: Ethereum has slipped back to ...
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Compensation costs for civilian workers increased 1.2 percent, seasonally adjusted, for the 3-month period ending in March 2024, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 1.1 percent and benefit costs increased 1.1 percent from December 2023. (See tables A, 1, 2, and 3.) Compensation costs for civilian workers ...
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Bitcoin fell a bit during the trading session on Monday and we have dropped below the 50 day EMA. But ultimately, I think this is a market that is going to, eventually trying to find buyers perhaps down at the $60,000 level. I don't know, but this is a market that continues to be very noisy, very, tired, probably after this massive rally higher.But, given ...
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The first quarter of 2024 has surprised on the economic front. Instead of the anticipated slowdown, coupled with US outperformance ending, what we saw was global economic activity ...
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We have raised our Asia-Pacific growth forecast for 2024 to 4.5%. IMF Director of Asia & Pacific Krishna Srinivasan presents our latest Regional Economic Outlook.
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Over the past three months, incoming U.S. economic data continue to show robust growth in the labor market, household consumption, and business investment, even as inflation ...
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Compensation costs for civilian workers increased 1.2 percent, seasonally adjusted, for the 3-month period ending in March 2024, the U.S. Bureau of Labor Statistics reported ...
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The latest Chicago Purchasing Manager's Index (Chicago Business Barometer) fell to 37.9 in April from 41.4 in March. This is the fifth straight monthly decline and the lowest ...
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Real gross domestic product (GDP) increased 0.2% in February, following a 0.5% gain in January. Services-producing industries (+0.2%) led the growth for a second month in a row, ...
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Bitcoin fell a bit during the trading session on Monday and we have dropped below the 50 day EMA. But ultimately, I think this is a market that is going to, eventually trying to find buyers perhaps down at the $60,000 level. I don't know, but this is a market that continues to be very noisy, very, tired, probably after this massive rally higher.But, given ...
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Bitcoin has fallen about 12% in April, and if bears sustain the lower levels, it will be the worst-performing month since November 2022, according to data from CoinGlass. Bitcoin bulls could continue to face challenges in May because the month has produced a negative monthly close for the past three years. The near-term uncertainty in Bitcoin’s price has ...
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-Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the launch of Hong Kong Spot Bitcoin and Ether Exchange Traded Products (ETPs) available to trade on the Hong Kong Stock Exchange. Eligible clients of Interactive Brokers Hong Kong can now trade the new Spot Bitcoin and Ether ETPs alongside stocks, options, futures, ...