Newsroom
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC Daily Price Chart Bitcoin price has attempted thrice to break beyond the upper limit of the long-term resistance,…
Md Ishtiaque Ahmed
Crypto · Bankrupt
The embattled cryptocurrency exchange FTX has launched a legal action against law firm Sullivan & Cromwell (S&C) over allegations of fraud involvement. The creditors are accusing S&C of…
The Distributed Team
Markets · Banking
Morgan Stanley recently found itself in the regulatory crosshairs as the US Financial Industry Regulatory Authority imposed a $1.6 million fine on the bank, Reuters reported. The fine…
The Distributed Team
Markets · Goldman Sachs
2023 painted a picture of contrasting fortunes in the realm of hedge funds, as revealed by a recent report from Goldman Sachs, narrated by Reuters. While established players…
Eman Shaikh
Technology · Artificial Intelligence
Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google’s most powerful…
Mainul Alam
Markets · Federal Reserve
Wall Street’s main indexes tumbled on Tuesday following a consumer inflation reading that surpassed expectations, leading to a shift in market sentiment regarding imminent interest rate cuts and…
Stanko Illiev
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC Daily Price Chart Bitcoin (BTC) jumped to around $47,450 on February 8, representing a 3.25% increase and the…
Md Ishtiaque Ahmed
Markets · Banking
Barclays has announced its acquisition of most of Tesco’s banking arm for $757 million. The deal marks a shift for both companies, with Tesco poised to refocus on…
The Distributed Team
Crypto · Cyber Security
According to a report by Reuters, the United Nations (UN) is delving into a series of cyberattacks attributed to North Korea, which netted the country a staggering $3…
The Distributed Team
Crypto · Bitcoin
The South Korean head of the Financial Supervisory Service (FSS) is reportedly eyeing talks with the US SEC regarding spot Bitcoin ETF. Lee was quoted by local reporters…
Eric Nkando
Markets · Banking
In the wake of recent turbulence within the U.S. banking sector, Citigroup analysts advocate for investors to adopt an aggressive stance toward purchasing bank stocks, citing attractive entry…
Eman Shaikh
Markets · Federal Reserve
Wall Street remains under pressure as Treasury yields climb higher, following Federal Reserve Chair Jerome Powell’s resolute stance against market speculation of impending rate cuts. In a recent…
Stanko Illiev
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC Daily Price Chart On Friday, Bitcoin (BTC) faced the $43,000 resistance level, showcasing a notable recovery from earlier…
Md Ishtiaque Ahmed
Crypto · Bankrupt
Genesis, the beleaguered crypto lending firm, has petitioned the United States Bankruptcy Court in the Southern District of New York, seeking permission to liquidate assets totaling a staggering…
The Distributed Team
Markets · Banking
The Royal Bank of Canada’s (RBC) American unit, City National Bank, was fined $65 million by the Office of the Comptroller of the Currency (OCC). This fine results…
The Distributed Team
Markets · Federal Reserve
Wall Street’s main indexes fell as Alphabet’s projections for rising AI costs dented most megacap and chip stocks while the Federal Reserve left interest rates unchanged this Wednesday.…
Stanko Illiev
Technology · Artificial Intelligence
Google recently revealed a demo trailer for their new Lumiere AI, an AI-powered tool designed to generate videos from simple text prompts. The software was developed by the…
Mainul Alam
Markets · Banking
To enhance transparency and accountability in the realm of bank mergers and acquisitions (M&A), a top U.S. bank regulator is set to unveil new regulations. The Office of…
Eman Shaikh
Crypto · Bitcoin
China’s asset manager, Harvest Global Investments, has reportedly filed for a spot Bitcoin ETF with the Hong Kong Securities and Futures Commission (SFC). Local reports indicate that SFC…
Eric Nkando
Crypto · CFTC
The Commodity Futures Trading Commission (CFTC) has issued an advisory highlighting the rise of artificial intelligence (AI) scams targeting unsuspecting individuals. According to the regulator, scammers take advantage…
The Distributed Team
Markets · Banking
Texas Attorney General Ken Paxton has blocked Barclays from participating in municipal bond deals. The bank’s failure to respond to inquiries about its carbon emission commitments led to…
The Distributed Team
Crypto · FTX
Embattled crypto exchange FTX sold all its 22 million shares in Grayscale Bitcoin Trust since it became an exchange-traded fund (ETF). The selling totaled about $1 billion, nearly…
Eric Nkando
Markets · Federal Reserve
As we enter the last week of January, whispers on Wall Street suggest a potential tantrum in U.S. short-term financing markets, with the storm possibly hitting as early…
Eman Shaikh
Technology · Artificial Intelligence
Samsung recently unveiled the Galaxy S24 series of smartphones at the company’s biannual Galaxy Unpacked expo. Among the new technologies revealed on the day, Samsung introduced its proprietary…
Mainul Alam
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC Daily Price Chart Most technical analysts noted the shooting star candlestick formation on the weekly timeframe from last…
Md Ishtiaque Ahmed
