Fed minutes show most officials favored another rate hike by year end
Most Federal Reserve officials viewed another interest rate increase as likely appropriate by year end, according to minutes of the…
Category: Financial
BlackRock’s ETHA drives a sixth straight day of ether ETF outflows as bitcoin funds add $119M
US spot Ether exchange-traded funds bled for a sixth straight session Tuesday, losing around $408 million during the stretch. Spot…
US Treasury fines Amidi $200,000 over an unreported $92,478 bet on Chinese robotics AI
The US Treasury slapped Amidi, LLC with a $200,000 penalty for not reporting a stake of about $92,478 held by…
Ripple is earning fees financing leveraged stock bets, a business long run by banks
Ripple is expanding into the business of financing leveraged stock exchange-traded funds, putting the crypto company in a market long…
Solana Debuts Institutional Settlement Standard With J.P. Morgan Input
In brief The Solana Foundation launched Solana DvP, an open-source escrow program giving financial institutions a standardized API for delivery-versus-payment…
Former CFTC Chair & MoonPay’s Caroline Pham Teases Big Ripple Announcement
Caroline Pham, CEO of MoonPay Institutional and former CFTC Acting Chairman, sparked speculation within the $XRP army about a potential…
Circle Reaches $1 Billion Market Cap for Arc Product Suite
Circle’s Arc product suite has reportedly reached a $1 billion market cap within just three weeks of its launch. This…
Donald Trump bought PTC before $22.6B buyout
Schneider Electric agreed on Monday to acquire publicly-traded software company PTC in which Donald Trump’s investment portfolio bought $500,000 worth…
Nasdaq-100 Is Up 157% Since Michael Burry’s “Sell” Call
The Nasdaq-100 index closed at a record 31,076, gaining 0.87% and securing its second consecutive record close. On Jan. 31,…
Hong Kong Traders Are Borrowing Like Never Before
Margin loans at Hong Kong securities brokers rose 28% in six months to HK$276.3 billion (about $35.5 billion), the Securities…