Newsroom
Markets · Federal Reserve
The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced…
Stanko Illiev
Crypto · Digital Assets
Popular trading platform eToro will halt trading for most cryptocurrencies following a settlement with the US Securities and Exchange Commission (SEC). The SEC charged eToro with operating an…
Jeane Claude Vasquez
Technology · Artificial Intelligence
Google recently presented a new AI system called AlphaProteo designed for health and biological research. According to Google, this new technology has the “potential for advancing drug design,…
Mainul Alam
Crypto · Adoption
Binance has announced that Indonesia’s crypto subsidiary, Tokocrypto, has been granted a Physical Crypto Asset Trader (PFAK) license. The license, granted by the Commodity Futures Trading Regulatory Agency…
Eric Nkando
Markets · Banking
In a move that could significantly reshape the landscape of American banking, U.S. regulators are poised to unveil sweeping changes to proposed bank capital rules. According to a…
Eman Shaikh
Crypto · Regulation
Global asset management firm VanEck plans to close its Ethereum futures ETF, a decision that highlights the growing popularity of spot cryptocurrency ETFs. The latter have reportedly received…
The Distributed Team
Markets · Banking
Massachusetts securities regulators imposed a $2 million fine on Morgan Stanley for failing to properly monitor insider trades tied to First Republic Bank, Reuters reported. The case revolves…
The Distributed Team
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC Daily Chart Bitcoin price broke the critical support at $56K after the price plotted a bearish breakout of…
Md Ishtiaque Ahmed
Crypto · Adoption
Government Efficiency CommissionFormer U.S. President and presidential candidate Donald Trump has reaffirmed his support for cryptocurrency and endorsed tech billionaire Elon Musk to lead a new government task…
Jeane Claude Vasquez
Crypto · Crypto Markets
Since the crypto markets alongside the DeFi space continue to evolve and become more difficult for the average person to understand, algorithmic trading keeps growing in popularity among…
Md Ishtiaque Ahmed
Markets · Federal Reserve
The S&P 500 has surged more than 18% from January to August, marking its strongest first eight months since 2021 and the second-best performance of the century. According…
Stanko Illiev
Crypto · Adoption
Sberbank, Russia’s largest bank, plans to participate in a pilot program for cryptocurrency settlements this year. This marks a key step in Russia’s efforts to integrate digital currency…
Jeane Claude Vasquez
Technology · Artificial Intelligence
Samsung Electronics Co. recently announced the first Galaxy Book 5 series laptop. The Galaxy Book 5 Pro 360 is said to offer accelerated AI capabilities with over 300…
Mainul Alam
Markets · Banking
British banks are reportedly ramping up their lobbying efforts to stave off potential tax hikes, as the newly elected Labour government prepares to unveil its first budget. According…
Eman Shaikh
Technology · Brazil
Elon Musk’s X, formerly known as Twitter, was banned in Brazil after the company missed a crucial deadline to appoint a new legal representative, as ordered by Brazil’s…
The Distributed Team
Technology · Anthropic
On August 28, Senate Bill (SB) 1047 passed the State Assembly and now awaits Governor Gavin Newsom’s decision. He has until September 30 to either sign it into…
Jeane Claude Vasquez
Crypto · Blockchain
Blockchain technology has brought a revolutionary change to many industries including, global financial markets, gaming sectors, and international trades. This modern innovation shows the potential of shifting trillion-dollar…
Md Ishtiaque Ahmed
Crypto · Adoption
Australia has experienced a 17-fold increase in new crypto ATMs over the past two years. It is now one of the fastest-growing markets for these kiosks globally despite…
Jeane Claude Vasquez
Markets · Banking
The Bank of New York Mellon has agreed to pay a $5 million fine to the US Commodity Futures Trading Commission (CFTC) after the regulator uncovered widespread failures…
The Distributed Team
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC Daily Chart After a hectic week of speculators taking profits, the price of Bitcoin dropped below $60K and…
Md Ishtiaque Ahmed
Markets · Banking
In a move that has captured the financial world’s attention, the U.S. Federal Reserve has announced its latest set of capital cushions for large banks following the June…
Eman Shaikh
Technology · Artificial Intelligence
Global mass media company Condé Nast has agreed on a multi-year content deal with AI company OpenAI. This deal follows a recent trend of AI companies partnering with…
Mainul Alam
Markets · Federal Reserve
Wall Street’s main indexes advanced this Tuesday after the latest data showed that consumer confidence rose to 103.3 in August from 101.9 in July, above a reading of…
Stanko Illiev
Crypto · Crypto Exchange
Hong Kong’s Securities and Futures Commission (SFC) has reportedly found “unsatisfactory practices” on up to 11 crypto exchanges seeking a full license. On-site inspections by the regulator found…
Eric Nkando
Markets · Banking
In a major industry-wide survey commissioned by the Competition and Markets Authority (CMA), the digital bank Monzo has emerged as the best bank in Great Britain for customer…
Eman Shaikh
