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Why Binance gets ready to continue fight with SEC?
The US arm of cryptocurrency exchange Binance.US is preparing for a new battle with US regulators. Binance.US released Binance.US issued a statement announcing its readiness to continue fighting the US Securities and Exchange Commission (SEC). The platform team stated that the court ruled that the regulator’s case against Binance.US would…
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Elon Musk’s Tesla recoups all its year-to-date losses
Tesla’s boldness is back. A few months ago, Elon Musk’s company was the butt of every Wall Street joke, a growth stock that, as Wells Fargo put it, wasn’t growing. Pundits began to wonder why anyone still included it among the “magnificent seven” companies after Tesla ranked behind all 499…
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China’s BYD opens EV factory in Thailand, first in Southeast Asia By Reuters
Written by Chaiyut Sittbonsarng RAYONG, Thailand (Reuters) – China’s BYD opened an electric vehicle factory in Thailand on Thursday, the company’s first in Southeast Asia, a fast-growing regional market for electric vehicles where it has become the dominant player. “Thailand has a clear vision for electric vehicles and is entering…
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Bybit Institutional Makes Dual Sponsorship for Swiss Summer Web3Fest and Crypto Valley Conference
(Press Release – Dubai, UAE, July 4, 2024) BybitCoinDesk, the world’s second-largest Web3 platform by trading volume, has reinforced its commitment to fostering innovation and collaboration within the blockchain industry with a multi-faceted sponsorship at the Swiss Summer Web3Fest and the prestigious Crypto Valley (CVC) conference in Switzerland in early…
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Bybit Institutional Makes Dual Sponsorship for Swiss Summer Web3Fest and Crypto Valley Conference
(Press Release – Dubai, UAE, July 4, 2024) BybitCoinDesk, the world’s second-largest Web3 platform by trading volume, has reinforced its commitment to fostering innovation and collaboration within the blockchain industry with a multi-faceted sponsorship at the Swiss Summer Web3Fest and the prestigious Crypto Valley (CVC) conference in Switzerland in early…
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Why only banks recorded growth in 2024 quarter 1
Only the banking sector recorded faster growth in the first quarter of 2024, reflecting the huge profits that lenders made from the high interest rates they charged and increased borrowing by cash-strapped companies. Data from the Kenya National Bureau of Statistics shows that all other economic sectors recorded slower growth…
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Video: What’s driving the strength in the US dollar and where is it headed
Yesterday I spoke with Kitco News in a great interview with Jeremy Szafron that focused on the US Dollar and the macro outlook. Some highlights: Fed Strategy: “I think this is going to be particularly damaging for the Fed, because it’s always fighting the last war. It’s fighting inflation, and…
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Crypto Exchange Seeks Indian Approval As Users Hit Roadblock
Once a land of opportunity, India’s cryptocurrency market is in a regulatory slump. As authorities tighten their grip, major crypto exchanges are struggling to survive, facing restricted services, hefty fines and even exit. Failure to pass KYC test Global giant Binance, a household name in the cryptocurrency world, has learned…
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First GST/HST credit payment coming July 5
Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Article Content OTTAWA — The first of four payments of the GST/Harmonized Goods and Services Tax Credit is scheduled to arrive in Canadians’ bank accounts on…
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China-built EVs hit with duties in biggest EU trade case yet By Reuters
By Philip Blenkinsop and Charlotte Van Campenhout BRUSSELS (Reuters) – The European Union will impose tariffs of up to 37.6 percent on imports of Chinese-made electric cars from Friday, EU officials said, raising tensions with Beijing in Brussels’ biggest trade issue yet. But there is a four-month window during which…
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German Government Moves Over $75 Million in Bitcoin to Exchanges
The German government has moved another portion of its massive Bitcoin reserves to exchanges. according to Blockchain DataOn July 4, the German Federal Criminal Police Office (BKA) moved nearly $75 million worth of Bitcoin across multiple transactions. The funds were distributed across exchanges including Coinbase, Kraken, and Bitstamp. This comes…
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German Government Moves Over $75 Million in Bitcoin to Exchanges
The German government has moved another portion of its massive Bitcoin reserves to exchanges. according to Blockchain DataOn July 4, the German Federal Criminal Police Office (BKA) moved nearly $75 million worth of Bitcoin across multiple transactions. The funds were distributed across exchanges including Coinbase, Kraken, and Bitstamp. This comes…
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Average wage in Israel remains high
The average wage in the Israeli economy remains at record levels. In April 2024, the average wage in Israel was NIS 13,506, up 7.3% from April 2023, according to the Central Bureau of Statistics. However, there is a significant decrease from March 2023, when the average wage was NIS 14,000,…
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ForexLive European FX news wrap: Dollar sluggish with US holiday hanging over markets
headlines: Markets: Japanese Yen Advances, US Dollar Lags During the Day European stocks rise; CAC 40 up 0.8% Gold rises 0.1% to $2,358.40 West Texas Intermediate crude fell 0.8% to $83.17. Bitcoin down 3.1% to $57,667 Being a holiday in the US, there wasn’t much for traders to work with…
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Ethereum Faces Sharp Decline As ETH Targets $3,051 Support Level
Ethereum (ETH) is experiencing a significant decline as its price is rapidly approaching the crucial support level at $3,051. This sharp decline highlights the increasing selling pressure and growing bearish sentiment in the market. As Ethereum approaches this critical threshold, traders are closely watching its behavior for signs that it…
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Ethereum Faces Sharp Decline As ETH Targets $3,051 Support Level
Ethereum (ETH) is experiencing a significant decline as its price is rapidly approaching the crucial support level at $3,051. This sharp decline highlights the increasing selling pressure and growing bearish sentiment in the market. As Ethereum approaches this critical threshold, traders are closely watching its behavior for signs that it…
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CGI acquires Celero’s business serving credit union clients across Canada By Investing.com
Stock market symbolsGIBA (TSX)GIP (New York Stock Exchange)cgi.com/newsroom Acquisition expands CGI’s managed services offerings to more than 90 credit unions nationwide Montreal, July 4, 2024 CGI Corporation (TOKYO:GIB.A) (NYSE:GIB) today announced the acquisition of the credit union business of Celro, which serves customers throughout CanadaThis transaction consists of key service…
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Top six healthcare stocks to buy and hold
Investing.com – At the start of each quarter, Deutsche Bank presents its top investment ideas for each sector over the next 12 months. It’s time to shine a light on the healthcare sector. The first healthcare sector player Deutsche Bank is looking at with interest is Edwards LifeSciences (NYSE: ),…
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Nigeria to focus on Blockchain and emerging tech with plans to deploy research centers
Nigeria’s National Information Technology Development Agency (NITDA) is looking to roll out research centers geared towards emerging technologies like Blockchain. The initiative was Advertise By the Director General of the National Technology Development Agency, Kashifu Eno, at the West Africa Internet of Things Conference in Lagos. According to the Director…
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European Stocks Advance With Elections in Focus: Markets Wrap
(Bloomberg) — European stocks rose as key elections took center stage and investors grew more optimistic about the viability of a Federal Reserve rate cut after U.S. economic data bolstered the case for easing. Most Read from Bloomberg France’s benchmark CAC 40 index rose for a second day in a…