Newsroom
Markets · Banking
Jefferies Financial is making significant strides in expanding its presence in Canada, bolstering its presence through a partnership with Japan’s Sumitomo Mitsui Banking Corp (SMBC). Since their collaboration…
The Distributed Team
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC/USD Daily Chart Bitcoin continues to lead crypto markets, having the effects of its strength and weakness felt throughout…
Md Ishtiaque Ahmed
Technology · AI Content
On Friday, Apr 5 Meta stated that it will start labeling AI-generated content with “Made with AI ”, commencing May 2024. According to Monica Bickert, vice president of…
Md. Subhan
Markets · Bonds
The U.S. corporate bond market is ablaze with activity, fueled by an insatiable appetite for credit. Investors are racing to secure returns before the Federal Reserve wields its…
Eman Shaikh
Technology · Artificial Intelligence
xAI, an AI start-up founded by Elon Musk, has unveiled the latest version of their AI chatbot designated Grok 1.5. The announcement comes just 2 weeks after the…
Mainul Alam
Markets · Federal Reserve
U.S. stocks are trading lower at the beginning of this trading week, weighed down by concerns among investors regarding the timing of Federal Reserve interest rate cuts, exacerbated…
Stanko Illiev
Crypto · Binance
Binance’s executives have launched a legal battle against Nigerian authorities. Tigran Gambaryan and Nadeem Anjarwalla found themselves entangled in a controversy after Nigeria banned several cryptocurrency trading websites.…
The Distributed Team
Technology · Artificial Intelligence
OpenAI has revealed the small-scale preview of their latest AI model, “Voice Engine”, which generates natural-sounding synthetic voices. It is a voice cloning AI model that OpenAI claimed…
Md. Subhan
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC/USD Daily Chart A careful inspection of Bitcoin’s oscillators reveals a mostly neutral to optimistic attitude among traders. The…
Md Ishtiaque Ahmed
Crypto · Fraud
FTX’s founder Sam Bankman-Fried’s legal woes reached a climax this week after he was sentenced to 25 years in prison on Thursday and ordered to pay $11 billion…
The Distributed Team
Markets · Federal Reserve
Wall Street’s main indexes closed in red this Tuesday amid light trading ahead of crucial economic data and a long holiday weekend. For most of the day, investors…
Stanko Illiev
Technology · Artificial Intelligence
American tech giant Google has stepped forward with its initiative to utilize AI in forecasting floods on a global scale. The company published a research paper in the…
Mainul Alam
Markets · Central Banks
The financial messaging giant SWIFT is preparing to launch a new platform within the next 12-24 months to connect central bank digital currencies (CBDCs) to the existing global…
Eman Shaikh
Crypto · Adoption
The London Stock Exchange has announced that it will roll out a market for Bitcoin (BTC) and Ether (ETH) exchange-traded notes (ETN) on May 28. The exchange said…
Eric Nkando
Crypto · Anthropic
FTX’s stake in the artificial Intelligence startup Anthropic is attracting attention from sovereign wealth funds and other investors. However, the lucrative business has ruled out firms from Saudi…
The Distributed Team
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC/USD Daily Chart Bitcoin’s overall bullish momentum has weakened significantly during the last two weeks. This development resulted in…
Md Ishtiaque Ahmed
Markets · Banking
Merchants have sued American Express, accusing the company of charging excessive fees. The lawsuit claims that American Express’ policies limit competition and drive up costs for businesses and…
The Distributed Team
Technology · Cyber Security
French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also…
Md. Subhan
Markets · Federal Reserve
Wall Street’s major indexes recovered on Tuesday from the previous losses as chip stocks gained ground from previous declines as Nvidia rebounded, and investors turned their attention to…
Stanko Illiev
Crypto · Banking
Banking giant Standard Chartered has predicted that Bitcoin price could rise to $150,000 by the end of the year. The forecast is an upgrade from the previous $100,000…
Eric Nkando
Technology · Artificial Intelligence
xAI has recently made its flagship AI chatbot, Grok-1, available to developers. This launch comes after the decision to make the model open source and follows a turbulent…
Mainul Alam
Markets · Banking
A year has passed since Credit Suisse’s dramatic rescue, yet the banking industry remains on shaky ground. The events of March 2023, when Credit Suisse and several U.S.…
Eman Shaikh
Crypto · Fraud
Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, may face 40 to 50 years in prison as federal prosecutors argue he orchestrated a massive financial fraud. The prosecutors…
Jared Kirui
Markets · Digital Assets
Dubai’s Dubai International Financial Centre (DIFC) has introduced groundbreaking legislation, passing comprehensive digital asset and security laws alongside amendments to existing regulations. With a focus on adapting to…
Jared Kirui
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC Daily Chart Bitcoin’s (BTC) price fell to an intraday bottom of $65.6K on Friday. Despite recovery efforts, the…
Md Ishtiaque Ahmed
