Crypto News
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The U.S. Securities and Exchange Commission has filed fraud charges against Texas-based crypto mining and hosting company Geosyn and its two co-founders Caleb Ward and Jeremy McNutt for alleged engagement in a $5.6 million fraud case. “Almost everything that Defendants represented about Geosyn’s miner purchases and operations contained some element of ...
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American rapper Marshall Mathers, better known as Eminem, has become one of the latest celebrities to tout cryptocurrency exchange Crypto.com. In an April 26 X post, Eminem released an ad spot showing a boxing training montage interspersed with crypto jargon, including proof-of-work and Crypto.com’s now infamous slogan “fortune favors the brave.” The rapper ...
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The Basel Committee implementation programme has been integral to international financial architecture. Having celebrated its 50th anniversary on 24-25 April, the Basel Committee on Banking Supervision has journeyed from a humble forum for G7 bank supervisors to a titan among global financial standard-setting bodies. Its standards and principles – ...
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Effective April 30, 2024, as part of the annual renewal of the line-of-credit facility, DTC will implement the following changes to modify collateral value for certain securities, which may affect the value of positions applied to the Collateral Monitor: 1. Collateral valuation for corporate notes or bonds rated B1 to B3, will be updated to use a haircut ...
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Philadelphia-based Republic First Bank (doing business as Republic Bank) was closed today by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC entered into an agreement with Fulton Bank, National Association of Lancaster, Pennsylvania to assume ...
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Correction (4) continues to develop as a triple zigzag. Sub-waves W-X-Y have been completed. Now, the price is moving up in the linking sub-wave XX. It will soon take the shape of the standard zigzag [A]-[B]-[C]. After the completion of a small downward correction [B], expect the development of an impulse [C]. The price may rise to the level of 71635.77, ...
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Philadelphia-based Republic First Bank (doing business as Republic Bank) was closed today by the Pennsylvania Department of Banking and Securities, which appointed the Federal ...
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post: BoJ’s Ueda: Monetary Policy Is Not Aimed To Control FX Rates Directly -Weak Yen So Far Is Not Having A Big Impact On Trade Inflation
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post: CHINA'S FOREIGN MINISTER WANG YI, IN MEETING WITH BLINKEN: U.S. SHOULD NOT USE TAIWAN AS A TOOL TO CONTAIN CHINA, SHOULD STOP ARMING TAIWAN, SUPPORT CHINA'S PEACEFUL 'REUNIFICATION'
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Ethereum price declined on Friday, touching at an intra-day high of $3164 before shedding 0.85 to trade at $3128 at the time of writing. Traders have adopted a risk-off approach to crypto assets in the last one month, and that sentiment has not changed one week after the Bitcoin halving event. While some analysts attribute this to the fact that Bitcoin ...
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Correction (4) continues to develop as a triple zigzag. Sub-waves W-X-Y have been completed. Now, the price is moving up in the linking sub-wave XX. It will soon take the shape of the standard zigzag [A]-[B]-[C]. After the completion of a small downward correction [B], expect the development of an impulse [C]. The price may rise to the level of 71635.77, ...
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Cathie Wood's ARK Invest offloaded the last of its shares in ProShares Bitcoin Strategy ETF (BITO) on Thursday. The investment firm sold 237,983 BITO shares worth $6.7 million at Thursday's closing price of $28.22 from its Next Generation Internet ETF (ARKW). ARK bought over 4 million of the shares late last year as a short-term play in anticipation of the ...