Crypto News
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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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Tether Holdings Ltd., the issuer of the biggest stablecoin, said it invested $200 million in Blackrock Neurotech, a maker of brain-computer interface technology. Tether made the investment through its newly established venture capital arm Tether Evo, the company said in a statement on its website on Monday. The release didn’t say how much the deal values ...
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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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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 picking up and stronger-than-expected global growth. The US posted better-than-expected Q4 2023 GDP figures and positive manufacturing and services surveys. The big surprise was ...
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I am very pleased to be with you today to talk about the changes taking place in our payment system and the wider financial system, driven by the advancing digitalisation of financial services. • Digitalisation has already profoundly altered practices in the payments sector: we are using cash less and less in day-to-day transactions as we turn to electronic ...
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China’s factory activity remained in expansion territory for the second consecutive month in April, in the latest sign that the economic recovery is picking up pace. The official manufacturing purchasing managers’ index (PMI) – a survey of sentiment among factory owners – stood at 50.4 in April compared to 50.8 in March, the National Bureau of Statistics ...
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Asia-Pacific markets were largely set to extend gains on Tuesday, tracking Wall Street moves, with investors awaiting China manufacturing purchasing managers’ index for April. ...
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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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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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China’s factory activity remained in expansion territory for the second consecutive month in April, in the latest sign that the economic recovery is picking up pace. The official ...
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Euro area annual inflation is expected to be 2.4% in April 2024, stable compared to March according to a flash estimate from Eurostat, the statistical office of the European ...
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post: PBoC Fixes USDCNY Reference Rate At 7.1063 (prev fix 7.1066 prev close 7.2250) post: PBoC To Inject CNY440Bln Via 7 Day Reverse Repos At 1.8% In Open Market Ops
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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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It’s “better to ask for forgiveness than permission” when it comes to complying with the law, the billionaire founder of the Binance cryptocurrency exchange once told his team, according to the US government. Now it’s time for Changpeng “CZ” Zhao to ask for forgiveness, yet prosecutors aren’t exactly in the mood to grant it. In a court filing before his ...