Nigerian stakeholders demand Binance reveal identity of bribery official
SIBAN’s executive secretary, Rume Ophi, stressed that Binance should reveal names to substantiate the claim and allow authorities to address wrongdoing.
SIBAN’s executive secretary, Rume Ophi, stressed that Binance should reveal names to substantiate the claim and allow authorities to address wrongdoing.
Despite the arrest of the main suspect, some of the stolen funds continued to be moved, suggesting multiple potential attackers.
FTX’s amended plan contains an exculpation clause that could absolve Sullivan & Cromwell, along with all debtors, of future liabilities.
The SEC argues that Ripple’s claims do not negate the need for injunctions to prevent future violations.
Rob Gronkowski, Victor Oladipo and Landon Cassill have agreed to settle with plaintiffs in their ongoing case against Voyager Digital.
SEC Chair Gary Gensler says he gets an “outsized ratio” of questions about crypto despite its relatively small size compared to the overall financial market.
Global semiconductor sales jump 15% as Goldman raises Nvidia price target.
Here are the daily ETF fund flows for May 7, 2024.
The yield on the benchmark 10-year Treasury note fell on Tuesday amid persistent hope that the Federal Reserve would lower rates this year, while other maturities were steady after a chunky sale of three-year notes saw decent demand without a rate concession. The Treasury sold $58 billion of the notes at a high yield of 4.605%, about a basis point below where three-years were trading at the time, with a bid-to-cover ratio of 2.63, the highest since a three-year sale in January. The Treasury will sell $42 billion in 10-years on Wednesday and $25 billion of 30-year bonds on Thursday.
As company earnings continue to beat Wall Street expectations, US Equities (^GSPC, ^DJI, ^IXIC) are rising from April lows. The market has also begun to price in the Federal Reserve's policy of keeping higher interest rates for longer, but is there more for investors to consider for the next few months? Horizon Investments Chief Investment Officer Scott Ladner and Freedom Capital Markets Chief Global Strategist Jay Woods join Market Domination to provide insight into navigating the market during the current economic environment. Ladner argues that the market needs a new catalyst. In the absence of any large upcoming catalyst, investors may be staring down a more challenging few months: "We could actually have some, some positive catalysts from the geopolitical standpoint. But I don't see anything huge on the horizon, frankly. I mean, I think this is gonna be a bit of a grinder, probably a little bit grinder for the next few months, but grinding up rather than down. " Woods questions how far earnings can carry the market: "Individual earnings, they're not enough to take that next leg higher. Amazon (AMZN) made a new high today. It's on the verge of a major breakout. If you look at it on a weekly chart, it hasn't taken us there. Alphabet (GOOG,GOOGL), did, Microsoft (MSFT) didn't on solid earnings. So we're not seeing that euphoria. We're not seeing that tailwind we want to see. " 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