Business

Nasdaq, home of Coinbase, Strategy shares, apply for 23-hour trading

Business / Leave a Comment

Nasdaq is preparing to file paperwork with the US Securities and Exchange Commission (SEC) to enable nearly 24-hour trading, aiming to match the increasingly global nature of financial markets and investor behavior, Reuters reported on Monday. According to the proposal, Nasdaq will extend the opening hours for stocks and exchange-traded products (ETPs) from 16 hours […]

Nasdaq, home of Coinbase, Strategy shares, apply for 23-hour trading Read More »

Why are BTC, XRP, ETH and SOL down today and what’s next

Business / Leave a Comment

Pain for crypto bulls continued on Monday as bitcoin BTC$86,122.21 remained markedly lower during US afternoon trade amid growing investor uncertainty about the macroeconomic outlook. Just after the close of US stock trading, bitcoin was down 3% over the past 24 hours at $86,000. XRP$1.9017ether ETH$2,944.27 and solana SUN$126.13 all fell more than 5%. Most

Why are BTC, XRP, ETH and SOL down today and what’s next Read More »

HBAR Slips to One-Year Low as Crypto Market Plunges

Business / Leave a Comment

Hedera dived through key support levels during Sunday’s session, falling 5.8% from $0.1202 to $0.1127 as technical selling pressure overwhelmed early buying interest. The cryptocurrency established a clear bearish structure after failing to hold gains above $0.1218, with price action dominated by profit-taking near resistance levels. Volume patterns told the story of capital flows throughout

HBAR Slips to One-Year Low as Crypto Market Plunges Read More »

US SEC chief warns watchdogs must be restrained from harnessing crypto’s power to snoop

Business / Leave a Comment

WASHINGTON, DC – The federal government could exploit the crypto sector’s potential for mass surveillance if it is not controlled by formal policies, said SEC Chairman Paul Atkins, who argued that the industry – alternatively – is also capable of designing systems that screen users for proper protection against illegal financing without jeopardizing their privacy.

US SEC chief warns watchdogs must be restrained from harnessing crypto’s power to snoop Read More »

UK Supreme Court rejects BSV appeal, narrows $13 billion lawsuit against crypto exchanges

Business / Leave a Comment

Britain’s Supreme Court refused to hear an appeal in a long-running $13 billion lawsuit brought by Bitcoin Satoshi Vision (BSV) investors who upheld lower court rulings that narrowed claims against major crypto exchanges over the token’s delisting. In a brief ruling released on December 8, the court said that BSV Claims Limited’s “application does not

UK Supreme Court rejects BSV appeal, narrows $13 billion lawsuit against crypto exchanges Read More »

BlackRock expands crypto betting with 7 senior hires across US and Asia

Business / Leave a Comment

BlackRock is ramping up its digital asset strategy with a wave of new hires aimed at expanding its crypto- and blockchain-related products across the globe. The $10 trillion asset manager is hiring seven senior positions in digital assets, six based in the US and one in Singapore. The open roles span research, strategy and corporate

BlackRock expands crypto betting with 7 senior hires across US and Asia Read More »

The strategy’s STRD credit spread tightens as weekly ATM issuance hits a record high

Business / Leave a Comment

Strategy’s ( MSTR ) junior preferred stock Stride ( STRD ) saw the credit spread tighten further late last week, possibly highlighting strong demand for the company’s highest-yielding preferred offering. The spread between the yield on the STRD and the US 10-year Treasury bond fell to a new low of 8.12% per December 12, according

The strategy’s STRD credit spread tightens as weekly ATM issuance hits a record high Read More »

BNB falls below key support as crypto market cap falls towards $3T

Business / Leave a Comment

BNB coin GDP$888.26 down over 3% in the past 24 hours, falling to $850, undercutting key support zones and erasing previous session gains. The move comes despite a brief technical breakout attempt near $888 and signs of rallying during the overnight open, according to CoinDesk Research’s technical analysis data model. BNB spent most of the

BNB falls below key support as crypto market cap falls towards $3T Read More »

Stablecoin rules mark the start of a multi-year chain shift by US banks

Business / Leave a Comment

Crypto policy is shifting from talk to implementation as the OCC, FDIC and Federal Reserve begin to outline a regulatory perimeter for stablecoins and tokenized deposits in the United States, Bank of America said in a Monday report. Recent approvals and proposals mark the start of a multi-year transition that could push more real assets

Stablecoin rules mark the start of a multi-year chain shift by US banks Read More »

Scroll to Top