Crypto News
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Archegos Capital Management returned to the spotlight three years after its spectacular collapse with the start of founder Bill Hwang’s trial on fraud, racketeering and market manipulation charges. The trial kicked off Monday in Manhattan federal court with opening statements and continued through Thursday with testimony from several witnesses who ...
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US authorities charged two Chinese nationals in a cryptocurrency scam that laundered at least $73 million from defrauded victims, the Justice Department said Friday. US officials arrested Yicheng Zhang in Los Angeles on Thursday, according to an indictment unsealed in US District Court in California’s central district later that day. Daren Li, a dual ...
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Cryptocurrency has become a popular investment option in recent years. It’s known to offer a long-term investment option with the potential for large gains, investment diversification, and a possible hedge against inflation. While some investors have been buying and selling digital currencies since Bitcoin was launched in 2009, others are just getting ...
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The high points for economic data in the May 20 week should be the sales numbers for new and existing homes for April. Gauging the health of the housing market may be a bit tricky in reading these reports. Seasonal adjustment factors for this time of year anticipate a busier sales period as potential homebuyers shake off winter and start planning moves ...
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post: Fed’s Powell Tested Positive for Covid-19 Yesterday, Experiencing Symptoms, Working From Home and Staying Away From Others -- Fed Spokesperson
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Ether's (ETH) sell-off has stalled, with bears hitting a brick wall characterized by an upward-sloping trendline drawn off October and January lows, according to charting platform TradingView. The bears' inability to penetrate that bull-market trendline since Monday suggests they might have to back up a bit and allow a price bounce before making another ...
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Chinese authorities on Friday pledged new support for state-owned enterprises to enable them to buy unsold apartments, in an effort that could help developers get more funding to ...
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The high points for economic data in the May 20 week should be the sales numbers for new and existing homes for April. Gauging the health of the housing market may be a bit tricky ...
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On May 14, U.S. Trade Representative Katherine Tai released a review report on the Section 301 tariffs imposed on China and issued a statement indicating that President Joe Biden ...
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post: Fed’s Powell Tested Positive for Covid-19 Yesterday, Experiencing Symptoms, Working From Home and Staying Away From Others -- Fed Spokesperson
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The Conference Board Leading Economic Index® (LEI) for theU.S. decreased by 0.6 percent in April 2024 to 101.8 (2016=100), after decreasing by 0.3 percent in March. Over the ...
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post: Powell: the Policy Rate is Restrictive Powell: Time Will Tell if We’re Sufficiently Restrictive on Policy Powell: Don’t Think Likely Next Move Would Be a Rate Hike post: Powell: Restrictive Policy May Take Longer Than Expected to Bring Inflation Down Powell: We Will Get Inflation Down to 2% post: Powell: Housing Inflation Has Been a Bit of a Puzzle Powell: Current Rent Increases Have Been Low for Some Time, Not Showing Up in Rollover Leases post: Powell: Lags Between Decline in Mkt Rates and It Showing Up Are Longer Than We Though Powell: It Should Show Up, Just a Question of When post: Powell on the April PPI: "I wouldn’t call it hot. I would call it sort of mixed." (The main readthroughs to PCE from the PPI likely offset as lower airfares and health care costs likely offset the hotter financial services subcomponent.)
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Despite many assets in the cryptocurrency industry starting to move in a more positive direction, Dogecoin (DOGE) seems to still be waiting for an upwards trigger, but one crypto expert believes that traders of the popular doge meme token might not wait for much longer. As it happens, popular pseudonymous crypto market analyst CoinsKid has shared his view ...
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The bears' failure to sink and sustain Bitcoin below the psychological level of $60,000 seems to have attracted buyers who are trying to propel the price toward the range resistance. The current upmove does not guarantee a breakout from the range but reduces the possibility of a sharp correction in the near term. Bitcoin’s recovery has boosted the daily ...
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The Financial Crimes Compliance department of Binance has partnered with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to address a money laundering case involving 200 million New Taiwan dollars ($6.2 million) in digital asset fraud. An official statement revealed that the operation targeted criminals who ...