LONDON (Reuters) -British house prices hit a new record high in October but the 0.2% rise from September was the smallest in three months and demand could remain subdued if...
With the U.S. presidential election concluding, Alpine Macro (BCBA:BMAm) has suggested three emerging market (EM) currency trades, especially if the Trump...
According to PANews, Terraform Labs, currently in bankruptcy, is looking to sell its four subsidiaries in order to fulfill a $4.5 billion settlement agreement with the U.S. Securities and Exchange Commission (SEC) and gradually cease operations. The four companies in question are Pulsar Finance, a portfolio tracking platform, Station, a cryptocurrency wallet platform, Enterprise, a no-code decentralized autonomous organization (DAO) management platform, and Warp, a smart contract automation protocol.
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Donald Trump’s imminent return to the White House is putting a spotlight on the U.S. dollar, which could have far-reaching implications...
Have you ever compared the performance of Silver to the broader stock market indexes? How about comparing Silver to the rate of currency debasement? Cost of Living?
Asian shares advanced Thursday, tracking a blistering rally on Wall Street, with Japan’s Nikkei 225 index surging over 42,000 for the first time. On Wednesday, the U.S. stock market vaulted to more all-time highs, led by big technology companies whose shares have been soaring thanks to the frenzy over artificial intelligence. The Nikkei 225 jumped 0.8% to 42,179.84, again surpassing its all-time high after closing at records on Tuesday and Wednesday.
According to Odaily, Jerome Powell, the Chairman of the US Federal Reserve, testified before the US House Financial Services Committee on Wednesday. During the session, Congressman Josh Gottheimer questioned Powell about the US SEC's Staff Accounting Bulletin (SAB) 121. This directive requires banks to include digital assets held in custody in their balance sheets, significantly increasing the cost of providing digital asset custody services.Gottheimer referred to Powell's previous statement that custodial assets do not belong on balance sheets and have always been treated as such. Powell generally confirmed this stance but refrained from commenting on the SEC's policy, stating that it falls within the SEC's jurisdiction. Critics argue that SAB 121 weakens banks' ability to provide secure digital asset custody, pushing these services towards entities with less regulation and increasing consumer risk.Lawmakers have proposed overturning SAB 121 due to its negative impact. Despite the US Congress passing the first standalone cryptocurrency legislation to overturn SAB 121, President Biden vetoed the bill, emphasizing the need to establish a regulatory framework for digital assets.
TD Cowen has raised its price targets on Big Tech names Meta Platforms (META), Alphabet (GOOG, GOOGL), and Amazon (AMZN) ahead of their second quarter earnings reports. Market Domination anchors Josh Lipton and Julie Hyman break down TD Cowen analysts' calls on these major tech players. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
Rep. Rich McCormick called on the US government to formally declare Tigran Gambaryan as a hostage if his criminal case in Nigeria was not resolved by mid-July.
Judge Katherine Polk Failla said she would hear from SEC and Coinbase lawyers on July 15 whether SEC Chair Gary Gensler’s private communications on crypto were fair game.