The Australian Treasury’s token mapping of digital assets will adopt a “tech agnostic” and “principles-based” approach in order to define crypto assets, according to a Treasury official. Speaking to Cointelegraph on June 26 at the Australian Blockchain Week, Trevor Power, an Australian Treasury Assistant Secretary said the framework will be structured to easily classify tokens
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Oil prices rose on supply concerns and stock markets were lower after the troops of Yevgeny Prigozhin withdrew from Russia, ending the warlord’s armed uprising but raising doubts about the stability of Vladimir Putin’s regime. Brent crude, the international benchmark, rose as much as 1.3 per cent to $74.80 a barrel in early trading in
There was no sound on the brief video of Sergei Shoigu published on Monday morning or any indication of where Russia’s defense minister was as he pored over a battlefield map. But the seemingly mundane footage was the first evidence Shoigu was still in his job. Neither he nor Valery Gerasimov, commander of Russia’s invasion
Bitcoin (BTC) exchange-traded fund (ETF) fervor is back with a raft of new applications and an increase in capital inflows from institutional investors. On June 26, a surge of inflows to the ProShares Bitcoin Strategy ETF (BITO) — a Bitcoin futures fund — was observed by Bloomberg senior ETF analyst Eric Balchunas. The fund had
The writer is principal counsellor at Earendel Associates and a former adviser to Nato on Russia When news of Yevgeny Prigozhin’s insurrection broke, the first question was, is this theatre or is it real? It has turned out to be both. Despite a degree of theatre, this was not a play scripted by Vladimir Putin.
Even as the Bank of England hunkered down for a protracted period of high rates, it was always vanishingly unlikely that the government would step in to help homeowners facing a steep jump in mortgage payments as low-priced, fixed-rate periods end. Rightly so. The impact of rising interest rates on the economy has already been
Billions of dollars in federal funding from the Biden administration’s Infrastructure Investment and Jobs Act could be wasted because state highway and bridge projects are using an outdated government precipitation model to determine future flood risk, according to a new report from First Street Foundation, a nonprofit climate risk research and technology firm. The government’s
Goldman Sachs, JPMorgan and other western banks have spent months lobbying to work on one of China’s biggest-ever stock market listings. Syngenta’s planned $9bn Shanghai offering seems like a dream ticket for the banks: a large international company that has existing relationships with global institutions. But as rising geopolitical tension unravels the commercial ties between
Are you struggling to understand what is the stock? How the stock market works? Or how you can make money from the stock market? In this video, I will share with you the basics behind how a company issues stock, how money is made in the stock market, and how you can profit from trading
Clean energy ETFs are among the top-performers this year too, after a spectacular performance last year. Invesco Solar ETF: https://www.zacks.com/funds/etf/TAN/profile?cid=CS-YOUTUBE-FT-VID Invesco WilderHill Clean Energy ETF: https://www.zacks.com/funds/etf/PBW/profile?cid=CS-YOUTUBE-FT-VID ALPS Clean Energy ETF: https://www.zacks.com/funds/etf/ACES/profile?cid=CS-YOUTUBE-FT-VID Tesla: https://www.zacks.com/stock/quote/TSLA?cid=CS-YOUTUBE-FT-VID Enphase Energy: https://www.zacks.com/stock/quote/ENPH?cid=CS-YOUTUBE-FT-VID SolarEdge Technologies: https://www.zacks.com/stock/quote/SEDG?cid=CS-YOUTUBE-FT-VID Plug Power: https://www.zacks.com/stock/quote/PLUG?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on
In today’s video David Jones will be talking about one of the worst trading scenarios and that is the False Breakout. Textbooks say that if a trend line breaks, then that’s it – another direction is certain. Well, that’s not exactly true. Patience is key. Making the decisions in the right time at the right
The performance of the NHS is “middling at best” compared with its overseas peers, marred by “strikingly low levels” of clinical staff and equipment, according to an extensive analysis of international data by a leading health think-tank. The King’s Fund revealed in a report published on Monday that the UK has fewer doctors and nurses
Huobi co-founder sues own company for copyright infringement According to local news reports on June 21, Leon Lin Li, former co-founder of cryptocurrency exchange Huobi Global, has filed a copyright infringement lawsuit against the company in Hong Kong. Li claims that despite selling his majority stake to an entity controlled by Chinese blockchain personality Justin
6/25/2023, 10:14:49 PM What to watch in Asia today FT reporters Events: New Zealand prime minister Chris Hipkins concludes his visit to China. The Energy Asia conference opens in Kuala Lumpur. Markets: China’s stock exchanges, including Hong Kong’s, resume trading after the Dragon Boat festival long weekend. Economic data: Singapore releases manufacturing data for May
A growing number of Tory MPs with slim majorities are cutting back on the time they are spending in Westminster in a bid to shore up their electoral prospects in their constituencies, as gloom grips the party ahead of the next election. US pollster Frank Luntz told Tory MPs in a briefing last week that
Greeks vote on Sunday for the second time in less than two months in a general election likely to bring back a centre-right government led by former prime minister Kyriakos Mitsotakis. In the week ahead of the election, Mitsotakis’s New Democracy party led the polls at more than 40 per cent, followed by the leftwing
Vladimir Putin vowed to punish Yevgeny Prigozhin for “treason” over the warlord’s armed uprising. Instead, the former Kremlin caterer and his Wagner group have got off all but scot free after launching the first coup attempt in Russia for three decades. Prigozhin’s failed putsch ended abruptly, but it still exposed deep flaws at the heart
Bitcoin (BTC) made a new 52-week high on June 23, indicating that bulls are on fire. Buyers have managed to hold onto a large part of the gains made during the week, signaling that they are in no hurry to book profits. Bitcoin climbed 16% this week, outperforming the S&P 500 Index, which fell 1.39%.
Russian warlord Yevgeny Prigozhin and his troops were withdrawing from southern Russia on Sunday after reaching a deal with Moscow to end his armed uprising after the biggest crisis of Vladimir Putin’s presidency. Prizoghin himself maintained a rare silence after calling an end to his insurrection on Saturday evening, though the Kremlin said he would
United States Government bonds, or Treasurys, have a tremendous influence across all tradeable markets, including Bitcoin (BTC) and Ether (ETH). In that sense, risk calculation in finance is relative, so every loan, mortgage and even cryptocurrency derivatives depend on the cost of capital attributed to U.S. dollars. Assuming the worst-case scenario of the U.S. government
A special convention on Scottish independence over the weekend marked a chance for the country’s first minister Humza Yousaf to reset his Scottish National party’s strategy for leaving the UK after a damaging financing scandal and the sudden resignation of his predecessor, Nicola Sturgeon. But in his first major speech to party members since replacing