Bitcoin consolidated for a third straight session, as markets prepared for a big week of U.S. economic data. Later this week, nonfarm payrolls will be posted, with Federal Reserve chair Jerome Powell also speaking in the coming days. Ethereum also fell marginally lower to start the week. Bitcoin Bitcoin (BTC) started the week in consolidation,
Signs are posted in front of homes under construction at a KB Home housing development on January 12, 2022 in Novato, California. Justin Sullivan | Getty Images Check out the companies making the biggest moves in premarket trading: Ferrari — Shares of the luxury automaker rose less than 1% early Monday after Morgan Stanley analyst
press release PRESS RELEASE. Dubai, United Arab Emirates, March, 2023 – MaskEX, a rapidly expanding third-generation crypto exchange, headquartered in Dubai, has announced the launch of its crypto-backed Virtual Card, enabling users to spend their crypto as fiat in more than 176 countries with over 50 million merchants worldwide. This new feature is now available
The Nigerian fintech Flutterwave has rejected reports suggesting that hackers have stolen as much as $6.3 million from user accounts. The fintech firm said a routine check of its transaction monitoring system helped to uncover “an unusual trend of transactions on some users’ profiles.” Motion to Freeze The Nigerian fintech unicorn, Flutterwave, has said reports
Xi Jinping has called Vladimir Putin his best friend. But now the Russian leader is in urgent need of help from China. Putin’s army is bogged down in Ukraine and running short of ammunition. Should Xi prove that he is a friend indeed by supplying Russia with weapons? China’s decision will say a lot about
CBI boss Tony Danker has stepped aside following an allegation over his workplace conduct at the UK’s largest business group. The CBI on Monday said it had been told in January of an allegation regarding its director-general, which was investigated and dealt with “in line with CBI procedure”. It said the investigation “determined that the
Meta, the social network company, is getting some pushback on its plan to market and bring Horizon Worlds, its flagship metaverse app, to teens. Democratic senators Ed Markey and Richard Blumenthal directed a letter to the company to halt these actions, citing concerns about the interactions that teens could have in Meta’s virtual worlds. Meta
European stocks rose in morning trade on Monday, extending a short rally, as investors awaited economic data and comments from central banks to provide more evidence on the future path for interest rates. The benchmark Stoxx 600 rose 0.1 per cent, with Germany’s Dax up 0.3 per cent. The FTSE 100 fell 0.4 per cent,
Bybit is set to launch a new debit card offering that will allow users to make payments and withdraw cash using cryptocurrency holdings. The Bybit Card will operate on the Mastercard network and will allow for fiat-based transactions by debiting cryptocurrency balances when used to pay for goods and services. The service begins with the
Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Have you tried automation to simplify your dividend investing? A guide to Trading 212’s Pies & AutoInvest features. In this fourth video of the series, we talk about using: – Automation to simplify dividend investing – Trading 212’s Pies to help choose dividend stocks and keep a diversified portfolio – AutoInvest from Trading 212 to
Bitcoin (BTC) starts a new week with consolidation in the air amid some of the least volatile conditions ever. Despite losing 5% in an hour last week, Bitcoin’s subsequent lack of volatility is on every trader’s mind. The question is whether that will change in the coming days. There are plenty of potential catalysts, from
Growing shortages of foreign exchange on the interbank market have reportedly forced the Central Bank of Kenya to ask financial institutions to ration dollar purchases by Kenyan businesses. The shortages have forced Kenyan firms to seek greenbacks on alternative markets where the exchange rate is higher than the official government rate. New Limits Curtailing Operations
Estonia’s prime minister Kaja Kallas has won a resounding victory in parliamentary elections, a triumph for one of the EU and Nato’s most pro-Ukraine voices. Kallas’s liberal Reform party came in first place in Sunday’s vote, taking 37 seats of the 101 in Estonia’s parliament and putting her in pole position to carry on as
press release PRESS RELEASE. In traditional financial markets, the term trading strategy describes a comprehensive plan covering all trading activities, guiding investors to execute their target trades. In the world of crypto, a trading strategy refers to a predetermined plan or trading behavior designed to help investors profit from buying or selling cryptos in both
Israel’s tax authority is after two creators of non-fungible tokens (NFTs) suspected of failing to report almost $2.2 million in revenue. The news of the investigation comes after the recent arrest of a graphic designer from Tel Aviv accused of similar offenses. Thousands of ‘Western Wall NFTs’ Allegedly Sold Without Tax Reporting Israel Tax Authority
Numbers from the Brazilian tax authority indicate that the cryptocurrency market experienced a resurgence in January, with trading increasing more than 10% compared to December. Tether’s usdt is still the currency that moves the most volume, a reality related to OTC (over-the-counter) trades, according to market analysts. Crypto Market Moves Again in January, According to
Nonfungible token (NFT) conglomerate Yuga Labs is facing some criticism from the cryptocurrency community, including the creator of Bitcoin Ordinals, over how it plans to auction its new Bitcoin NFT collection. On Mar. 5, Yuga opened bids for its “TwelveFold” collection which will see 300 NFT-like images inscribed on Satoshis using the Bitcoin-native Ordinals protocol,
Digital asset investment firms poured $2.7 billion into decentralized finance projects in 2022, up 190% from 2021, while investments into centralized finance projects went the other way — falling 73% to $4.3 billion over the same timeframe. The staggering rise in DeFi funding was despite overall crypto funding figures falling from $31.92 billion in 2021
The UK tax authority has prosecuted only eight cases in the past two years for the enabling of tax evasion, despite pledging to pursue the lawyers, accountants and financial institutions that help clients carry out tax fraud. Instead, there has been a steep drop from the 43 prosecutions brought by HM Revenue & Customs in
America leads on innovation, and Europe on regulation, or so the conventional wisdom goes. But recently, the US seems to have taken the lead in the latter, particularly in politically powerful industries like technology, pharma and finance. Just last week, Eli Lilly, the producer of popular insulin medications Humalog and Humulin, pledged to reduce its