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Standard Chartered Subsidiary Bank Launches Bitcoin ETFs Trading
Standard Chartered Bank’s subsidiary, Mox, has launched Bitcoin and cryptocurrency exchange-traded funds (ETFs) trading on its investment platform. This makes Mox the first virtual bank in Hong Kong to offer Bitcoin and cryptocurrency-linked investment products. BREAKING: ?? Standard Chartered’s Mox Bank starts offering #Bitcoin ETFs on its platform. pic.twitter.com/OCzGh75FKc —…
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Watchdog bans Gemma Collins advert promoting headset to treat depression
The UK’s advertising watchdog has banned an Instagram post by TV personality Gemma Collins in which she promoted a headset as a treatment for depression. The Advertising Standards Authority (ASA) ruled that the ad discouraged seeking professional medical advice. In the video posted in May 2023, Collins wore the Flow…
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Japan top currency diplomat says focus is on volatility when it comes to FX
It is recommended that currencies move in a stable manner that reflects the fundamentals. Excessive volatility increases uncertainty and reduces predictability for companies. No change in Japan’s economic outlook despite recent market volatility Monitoring the financial markets closely with a sense of urgency and calm as well. A 2,000 basis…
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Blackrock Unshaken Despite Recent Bitcoin Market Crash, Data Shows
Meet Samuel Ideyemi, nicknamed HIM-buktu. A web3 content writer, journalist, and aspiring trader, Ideyemi is a multi-talented person. With his flair for words and sense of trends, he has written for several industry players, including AMBCrypto, Blockchain.News, Blockchain Reporter, and more. Edemi’s adventure into the world of cryptocurrencies was cinematic.…
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agilon health reports growth in Q2, adjusts full-year guidance By Investing.com
During the second quarter earnings call, agilon health (AGL) CEO Steve Sell provided an update on the company’s performance and strategic initiatives. agilon health reported substantial growth in its Medicare Advantage membership and revenues, while also announcing adjustments to its full-year guidance. The company is experiencing a significant increase in…
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Bitcoin Long-Term Holders Unfazed By Price Drop
The cryptocurrency market has been in a state of constant flux, with Bitcoin seeing a significant drop. prices drop Bitcoin has fallen below $50,000. But amidst this volatility, a notable trend has emerged – long-term holders of Bitcoin have remained steadfast, demonstrating their unwavering commitment to digital gold. This article…
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Turkish exports to “Palestine” skyrocket
Three months after Turkish President Recep Tayyip Erdogan imposed a trade embargo on Israel, and after Globes exposed the Palestinian loophole that Israeli exporters were exploiting to keep goods flowing, it turns out that the loophole has become a highway. According to the Turkish Exporters Assembly (TiM), which represents more…
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Dollar edges higher,yen falls after BOJ rules out another rate hike, for now By Investing.com
Investing.com – The U.S. dollar rose slightly on Wednesday, while the Japanese yen fell after the Bank of Japan tried to calm troubled waters by signaling it would not raise interest rates again while markets remain volatile. At 04:25 ET (09:25 GMT), the dollar index, which tracks the greenback against…
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Decentralized crypto exchange Nexera halts trading following $1.5m exploit
Multi-chain decentralized exchange Nexera has been hit by a $1.5 million exploit, forcing it to halt all trading. Decentralized cryptocurrency exchange Nexera — also known as AllianceBlock Nexera — has been attacked by a hacker, resulting in a $1.5 million liquidity loss. The breach was first reported by blockchain analytics…
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ABN Amro lifts full-year interest income outlook on higher rates By Reuters
By Leo Marchandon and Matteo Allevi (Reuters) – Dutch bank ABN Amro on Wednesday raised its full-year net interest income forecast to 6.4 billion euros ($6.98 billion) after beating second-quarter estimates, sending its shares up 3 percent. ABN Amro’s previous forecast of €6.3 billion was in line with 2023 levels.…
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Chart Art: Is Gold (XAU/USD) Gearing up for a Reversal Soon?
Are gold bulls having a hard time keeping the precious metal up these days? This is a classic reversal pattern that I watch on the 4-hour time frame. Gold (XAU/USD) 4 hours Chart by TradingView Gold made several failed attempts to break its July highs around the $2,475 area, only…
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Shiba Inu (SHIB) Investors Gain 310% In New SHIB Rival Priced $0.00107
The cryptocurrency market is buzzing with a new eye-catching development: Shiba Inu (SHIB) investors are reaping significant gains from a new competitor, Mpeppe (MPEPE). The coin is priced at just $0.00107, Mbebe (Mbebe) Mpeppe (MPEPE) has surged 310% in value, making it a significant contender in the crypto space. This…
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Stocks Rally, Yen Drops as BOJ Eases Rate Worries: Markets Wrap
(Bloomberg) — Stocks rose after the Bank of Japan moved to reassure markets following historic volatility sparked in part by an unexpected interest-rate hike last week. Most Read from Bloomberg The Stoxx Europe 600 index rose 0.5%, with progress slowed by disappointing earnings reports from some of the region’s biggest…
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Gold Technical Analysis – The global market rout sends gold lower
Basic Overview Ultimately, the collapse in global markets on Monday has been a stressor for gold. The reasons for this decline lie in the movement of real yields and liquidation due to the need for cash in extreme scenarios. In the big picture, real yields fall, which is good for…
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Gold Technical Analysis – The global market rout sends gold lower
Basic Overview Ultimately, the collapse in global markets on Monday has been a stressor for gold. The reasons for this decline lie in the movement of real yields and liquidation due to the need for cash in extreme scenarios. In the big picture, real yields fall, which is good for…
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Solana Price (SOL) Gains Traction: Poised for Further Increase?
Ayush Jindal, one of the most prominent figures in the world of financial markets, has over 15 years of experience in Forex and cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Ayush is a trusted advisor and market expert to investors across the globe, guiding them through…
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Another recall for Tesla cars in China: front trunk lid this time (NASDAQ:TSLA)
jetcityimage/iStock Editorial via Getty Images Tesla (NASDAQ: TeslaToyota Motor Corp. is set to conduct a remote recall of about 1.7 million vehicles in China, the State Administration for Market Regulation said. The issue raised involves a potential failure to detect when the front trunk lid is opened. Unlocked, which obstructs…
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Investor says files liquidation petition in China against Evergrande unit By Reuters
HONG KONG (Reuters) – An investor has applied to a Chinese court to liquidate a key unit of a debt-laden property developer in China. Evergrande (Hong Kong): According to a securities filing made by the petitioner on Wednesday. The investor — Vanward, a Shenzhen-listed electrical appliance maker — cited a…
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Five cows, one year’s worth of free food, a two-bed apartment and exemption from military service: How athletes can win more than medals this Olympics
While the IOC does not award cash prizes to winners at Paris 2024, many countries and territories offer incentives for their athletes to take home gold, silver or bronze medals. Many rewards are financial, but bonuses can be more selective – anything from exemption from mandatory military service to cars,…