Crypto News
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The S&P 500 hit yet another all-time high Monday, marking the 30th time the index reached a fresh high this year. The S&P 500 rose 41-point-6-3 points, or zero-point-seven-seven percent on Monday, to close the trading at five-thousand-473-point-2-3. The day's gains were largely driven by megacaps like Tesla and Apple, despite Nvidia edging lower. The index ...
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The US Supreme Court agreed to use a case over Nvidia Corp.’s crypto-mining revenue to consider making it harder for shareholders to press securities fraud lawsuits. Nvidia is seeking to stop an investor suit that accuses the company of being deceptive about how dependent it was on revenue from crypto mining before a 2018 market downturn. The justices said ...
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Remember the Pepsi Challenge? For readers too young to have encountered it, the Pepsi Challenge is a marketing stunt organised by Pepsi, mostly in the 1970s and 1980s. Pepsi representatives would set up a stand in shopping centres or public locations and present two white cups to bystanders. One cup would contain Pepsi-Cola, and one would contain Coca-Cola. ...
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Bank of Japan Governor Ueda: • Depending on economic, price and financial data and information available at the time, there is chance we could raise interest rates at July meeting. • Decision on BOJ's bond tapering and short-term rate target are two different things. Earlier from Ueda: • Bank of Japan Gov Ueda expects strengthening in Japan wage-price cycle ...
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ASIC has appealed the Federal Court’s decision to relieve Block Earner from liability to pay a penalty for contraventions related to unlicensed financial services when it offered its crypto-related Earner product. On 4 June 2024, the Court found Block Earner’s contraventions to be serious. However, the Court relieved Block Earner from liability to pay a ...
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The cryptocurrency market has lost almost 5% over the past seven days. It has not given up important support levels but also has no significant drivers to resume growth. Bitcoin lost 4.7% over the week, in unison with the market. Ethereum lost 3%, while the top altcoins’ performance ranged between -7.7% (Solana) and +11.7% (Toncoin). chart Bitcoin has ...
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David Rosenberg, founder and president at Rosenberg Research & Associates, discusses the US equity outlook amid cooling inflation data. He speaks with Tom Keene and Paul Sweeney ...
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Federal Reserve Bank of Philadelphia President Patrick Harker said he views one interest-rate cut as appropriate for this year based on his current forecast, adding he’d like to ...
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Fitch Ratings has raised its forecasts for world growth in 2024 in its latest Global Economic Outlook as confidence in European recovery prospects improve, China’s export sector ...
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post: ECB'S PRESIDENT LAGARDE: ECB IS ATTENTIVE TO PROPER FUNCTIONING OF MARKETS.
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post: BOJ'S GOVERNOR UEDA: SERVICE PRICES CONTINUE TO RISE MODERATELY, REFLECTING WAGE RISES. post: BOJ'S GOVERNOR UEDA: I WILL SCRUTINISE FX MOVES AND THE IMPACT ON IMPORT PRICES.
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Bank of Japan Governor Ueda: • Depending on economic, price and financial data and information available at the time, there is chance we could raise interest rates at July ...
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The S&P 500 Index (SPX) has been trading near its all-time high, but Bitcoin has gradually given up ground in the past few days. This suggests that supply exceeds demand in Bitcoin. According to Farside Investors data, spot Bitcoin exchange-traded funds have seen outflows for four of the five days since June 10. However, analysts point out that long-term ...
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The cryptocurrency market has lost almost 5% over the past seven days. It has not given up important support levels but also has no significant drivers to resume growth. Bitcoin lost 4.7% over the week, in unison with the market. Ethereum lost 3%, while the top altcoins’ performance ranged between -7.7% (Solana) and +11.7% (Toncoin). chart Bitcoin has ...
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The head of the United States Securities and Exchange Commission's Crypto Asset and Cyber Unit in the Division of Enforcement has left the agency after nearly nine years. "This past Friday was my last day with the SEC after almost 9 years," David Hirsch wrote on LinkedIn. "During that time I had the opportunity to work on more complex, challenging ...