Crypto News
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Citigroup Inc., DBS Group Holdings Ltd. and other banks caught up in Singapore’s biggest money-laundering scandal are ramping up scrutiny of their wealthy customers and potential clients to avoid exposure to illicit flows, according to people familiar with the matter. Private bankers at several institutions are also receiving additional training to help ...
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The BNB token, a cryptocurrency linked to Binance and its incarcerated co-founder Changpeng Zhao, surged to a record high in the first week of his four-month jail sentence in the US. Its rally underscores Zhao’s status as the richest person ever to do time in a US federal lock up. Zhao reported to a prison in California on Tuesday to begin a four-month ...
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It is a liquidity metric that shows how many buy and sell orders there are for a given cryptocurrency at different price points. So, how is market depth displayed? A depth chart is commonly used to illustrate this data. It plots buy orders (bids) on one side and sell orders (asks) on the other against price levels. For example, consider the order book of ...
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Dramatic gains for far-right parties in France and Germany failed to overturn the centrist working majority in the European Parliament as results poured in on Sunday night, putting Ursula von der Leyen on track to stay European Commission President until 2029. "We won the European elections. We are by far the strongest party. We are the anchor of ...
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Further reductions of European Central Bank borrowing costs may risk a stronger impact on the euro exchange rate and inflation, according to Governing Council member Robert Holzmann. “If the original assumption of three rate cuts were to materialize, and the Federal Reserve didn’t respond, it would certainly have an impact on the exchange rate, and with it ...
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The FOMC meets on Tuesday and Wednesday of the June 10 week. The FOMC statement released at 14:00 ET on Wednesday will get a close read for any guidance in regard to the interest ...
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Two years ago, we started raising interest rates because inflation was far too high. Today, the situation is improved. Although some prices are still going up markedly, especially ...
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The Federal Reserve is widely expected keep its benchmark interest rate steady at the end of their two-days of deliberations on Wednesday, but economists will be watching closely ...
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The cryptocurrency market has been extremely sensitive to Bitcoin (BTC) price moves lately. The recent crash caused altcoins to register double-digit losses. While some argue this could be a good opportunity to buy the dip, others warn of an impending sell-off. Bitcoin price moves have been key in controlling the crypto market sentiment. But lately, the ...
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Crypto.com and other major international cryptocurrency exchanges are facing significant regulatory hurdles from South Korean financial authorities, which resulted in reinforcing a domestic monopoly and limiting market competition. In April, Crypto.com, a U.S. cryptocurrency exchange that had announced its entry into the S. Korean market, has not been able ...