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Vanguard to pay $106 million in SEC accord after saddling investors with big tax bills
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Written by Chris Prentice and Jonathan Stempel (Reuters) – Vanguard Group will pay $106.4 million to settle U.S. Securities and Exchange Commission charges alleging it failed to disclose important tax information about its popular target-date funds, leaving hundreds of thousands of ordinary investors on the hook for inflated tax bills.…
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Altcoins About To Take Off? The ‘Final Shakeout’ Is Over
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This article is also available in Spanish. After a red Monday, the cryptocurrency market appears to be moving towards the end of the week in the green, registering an 18.54% increase from this week’s lows. Altcoins have broken out of a bullish pattern, increasing investors’ optimism about the upcoming altseason.…
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Carney sets his sights on leadership as Canada faces election countdown
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Mark Carney, the former governor of the Bank of England, has joined the race to succeed Justin Trudeau as leader of Canada’s ruling Liberal Party. His announcement comes just over a week after Trudeau stepped down, amid dismal polls and growing dissatisfaction with his MPs, ending a nine-year spell at…
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Could Ethereum Finally Be Gearing Up For A Breakout? Here’s What Analysts Predict
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While 2024 has not been a particularly stellar year for Ethereum (ETH) in terms of price action, 2025 may finally bring some much-needed optimism for Ethereum bulls. Many analysts believe that ETH is on the verge of a massive breakout that could see the cryptocurrency reach all-time highs (ATH). Is…
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Could Ethereum Finally Be Gearing Up For A Breakout? Here’s What Analysts Predict
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While 2024 has not been a particularly stellar year for Ethereum (ETH) in terms of price action, 2025 may finally bring some much-needed optimism for Ethereum bulls. Many analysts believe that ETH is on the verge of a massive breakout that could see the cryptocurrency reach all-time highs (ATH). Is…
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Demesne Announces Closing Of Fourth And Final Tranche Of Private Placement Financing And Additional Corporate Developments
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on January 17, 2025 • 4 minutes…
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Ethereum Whale Double Holdings To 43% Post-Merge
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Similor Valeti is a cryptocurrency writer specializing in journalism and content creation. While he began writing on a variety of topics, Similor soon found a knack for dealing with the intricacies and intricacies of the interesting world of blockchain and cryptocurrencies. Semilore is attracted to the efficiency of digital assets…
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Shekel strengthens as hostage deal hopes rise
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The shekel price rose sharply against the US dollar this morning, and the market assessment is that the main reason is the significant progress reported in a deal to release Israeli hostages held by Hamas and a ceasefire in the Gaza Strip. The dollar-shekel exchange rate currently stands at 3.6328…
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SEC Cracks Down On Digital Currency Group: $38 Million Civil Penalty For ‘Misleading Investors’
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The U.S. Securities and Exchange Commission (SEC) has initiated formal cease-and-desist proceedings against venture capital firm Digitalcurrency Group (DCG) for its alleged negligent conduct in connection with its subsidiary’s lending program. Genesis Global Capital (GGC). The action arises from findings that the cryptocurrency group “misled investors” about the financial health…
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BofA says Trump will backstop stocks this year, but to closely watch one key area of the market
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Angela Weiss/AFP Bank of America sees penny stocks as a leading indicator to watch in the broader stock market. High concentration in a few stocks and high valuations are limiting the stock market’s upside, Bank of America said. Small-cap stocks face challenges from rising interest rates, which impacts non-profitable companies.…
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Crypto Liquidations Cross $300 Million As Bitcoin Reclaims $102,000
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Data suggests that the cryptocurrency derivatives sector has seen a significant amount of liquidations in the past day as Bitcoin and others enjoy a rally. Long and short crypto liquidations were high today According to data from Queen Glassa large amount of liquidations have accumulated on the derivatives side of…
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UK economy struggles to gain momentum as GDP growth disappoints at 0.1%
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The UK economy grew by just 0.1 per cent in November, below expectations of 0.2 per cent, according to the Office for National Statistics (ONS). The weak figure, announced on Friday, highlights the continuing weakness in Britain’s recovery, as the new Labor government faces stubborn inflation, tepid consumer confidence, and…
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Solana’s Pump.Fun Sued For Alleged Pump-And-Dump Scheme
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The popular Solana-based launchpad Pump.fun is under fire again after a law firm filed a class-action lawsuit against the platform on behalf of investors who lost money on memecoins popularized by Pump.fun. The lawsuit says the platform sells unregistered securities, promotes pump-and-dump schemes, and lacks proper user protections. Solana pump.…
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Solana’s Pump.Fun Sued For Alleged Pump-And-Dump Scheme
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The popular Solana-based launchpad Pump.fun is under fire again after a law firm filed a class-action lawsuit against the platform on behalf of investors who lost money on memecoins popularized by Pump.fun. The lawsuit says the platform sells unregistered securities, promotes pump-and-dump schemes, and lacks proper user protections. Solana pump.…
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EAT & BEYOND ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT OF UNITS AND ANNOUNCES DEBT SETTLEMENT
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on January 17, 2025 • 3 minutes…
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Why Bitcoin Ongoing Recovery Could Be Just the Beginning Of a Larger Rally
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Meet Samuel Edem, nickname – HIM-buktu. Web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and an understanding of trends, he has written articles for numerous industry players, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the…
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Biden includes Israel in graphics processor export restrictions
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Outgoing US President Joe Biden dealt a severe blow to Israel, by including it in the restricted category for exporting advanced graphics processors, just a week before he left the White House. Under the new regulations, Israel will be included in a category subject to restrictions on the export of…
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Biden includes Israel in graphics processor export restrictions
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Outgoing US President Joe Biden dealt a severe blow to Israel, by including it in the restricted category for exporting advanced graphics processors, just a week before he left the White House. Under the new regulations, Israel will be included in a category subject to restrictions on the export of…
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Metrics Reveal Bitcoin Is Still Undervalued – MVRV Z-Score Signals Room for Growth
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Bitcoin has crossed the $102,000 mark, indicating a strong uptrend as anticipation builds ahead of President-elect Donald Trump’s inauguration day. With his widely known pro-crypto stance, many analysts believe that a Trump presidency could usher in a new era of growth for BTC and the broader cryptocurrency market. This optimism…
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Intel Stock Soars as Takeover Speculation Spreads
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Justin Sullivan/Getty Images The S&P 500 jumped 1% on Friday, January 17, 2025, heading into a three-day weekend higher as expectations for additional interest rate cuts in 2025 rebound. Intel shares took off after reports that the semiconductor giant could be a takeover target. Shipping company J.B. Hunt reported lower-than-expected…