Category: Holds
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Futu Buys into Airstar Bank, Now Holds 44.1% Indirect Stake
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Futu Holdings Limited, an online brokerage and wealth management platform, has announced the completion of a HK$440 million investment in Gravitation Fintech HK Limited. Gravitation Fintech is the parent company of Airstar Bank, a virtual bank licensed in Hong Kong. Following this investment, Foto now has an indirect stake of…
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Meme Coin Attack Results in a $2M Loss, Exploiter Still Holds $1M Worth of Pepe’s Best Friend
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The popular on-chain investigator highlighted in his Telegram channel the latest fraudulent activity involving an early investor in the Solana-based meme coin – ANDY. It’s also worth noting that the price of Pepe’s best friend has dropped by over 20% in the past day alone. ZachXBT’s investigation into ANDY Drainer…
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Pro-XRP Lawyer Holds Warren Responsible For Partisan Crypto Stance
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In the midst of the economic challenges facing the global landscape, John E. Deaton, a popular cryptocurrency advocate and pro-XRP lawyer, has publicly announced… Targeted US Senator Elizabeth Warren holds her responsible for the current administration’s anti-innovation approach to digital currencies. Deaton’s criticism suggests that Warren’s influence has exacerbated regulatory…
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Pro-XRP Lawyer Holds Warren Responsible For Partisan Crypto Stance
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In the midst of the economic challenges facing the global landscape, John E. Deaton, a popular cryptocurrency advocate and pro-XRP lawyer, has publicly announced… Targeted US Senator Elizabeth Warren holds her responsible for the current administration’s anti-innovation approach to digital currencies. Deaton’s criticism suggests that Warren’s influence has exacerbated regulatory…
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Dollar holds steady as markets eye U.S. inflation test later in the week By Investing.com
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Investing.com – European and Asian currencies were mostly lower on Monday, while the dollar settled in weak trading, as markets await more signals on US interest rates from key inflation data later in the week. Market holidays in the US and UK kept trading volumes limited. Most regional currencies suffered…
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Do Bank of Canada rate holds risk further damage?
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Article content David Rosenberg, founder and president of Rosenberg Research, recently told the Financial Post’s Larissa Harabin that he expects a rate cut in the central bank’s next announcement in June. “I think the bank should cut interest rates at the next meeting,” he said in a video interview. “If…
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Sterling holds steady amid UK election announcement By Investing.com
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Investing.com – On Tuesday, UK Prime Minister Rishi Sunak surprised political observers by announcing that the UK general election would be held on July 4, a deviation from the widely expected fall schedule. Despite this unexpected development, the British pound saw little impact, with two-month implied volatility showing a modest…
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Sterling holds steady amid UK election announcement By Investing.com
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Investing.com – On Tuesday, UK Prime Minister Rishi Sunak surprised political observers by announcing that the UK general election would be held on July 4, a deviation from the widely expected fall schedule. Despite this unexpected development, the British pound saw little impact, with two-month implied volatility showing a modest…
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Will Washington Wreck Or Welcome Crypto? Looming Vote Holds Bitcoin’s Fate
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With the value of Bitcoin skyrocketing and Wall Street moving like a hawk, the US cryptocurrency industry is holding its breath as a crucial vote in Washington approaches next week. The Financial Innovation and Technology for the 21st Century Act, or Fit21, could reshape the regulatory landscape for digital assets,…
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Wisconsin Investment Board Becomes First State Pension To Buy Spot Bitcoin ETFs, Holds Over $162 Million
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The Wisconsin State Investment Board (SWIB) today disclosed its significant investments in Bitcoin exchange-traded funds (ETFs) through a recent filing with the Securities and Exchange Commission (SEC). According to the filing, SWIB owns approximately $100 million of BlackRock’s Spot Bitcoin ETF (IBIT). JUST IN: ?? Wisconsin Investment Board reveals it…
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Wisconsin Investment Board Becomes First State Pension To Buy Spot Bitcoin ETFs, Holds Over $162 Million
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The Wisconsin State Investment Board (SWIB) today disclosed its significant investments in Bitcoin exchange-traded funds (ETFs) through a recent filing with the Securities and Exchange Commission (SEC). According to the filing, SWIB owns approximately $100 million of BlackRock’s Spot Bitcoin ETF (IBIT). JUST IN: ?? Wisconsin Investment Board reveals it…
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MicroStrategy Bought 122 Bitcoin In April, Now Holds 214,400 BTC
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MicroStrategy, a leading business intelligence and software company, continued its steadfast commitment to Bitcoin by purchasing an additional 122 BTC in April at a total cost of $7.8 million, said founder and CEO Michael Saylor. Announce today. BREAKING: MicroStrategy bought another 122 #Bitcoin For $7.8 million. pic.twitter.com/IZWUNj0kHY – Bitcoin Magazine…
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Lithuania holds a presidential vote as anxieties rise in the Baltics over Russia and war in Ukraine
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Breadcrumb links BMN Business Article writer: Associated Press Lyudas Dapkus Posted on May 10, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content VILNIUS, Lithuania (AP) — Lithuania holds a presidential election on Sunday…
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FOMC Holds Rates Steady, Reiterates ‘Lack of Progress’ on Inflation
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As expected, the Federal Open Market Committee (FOMC) kept interest rates unchanged at 5.25-5.50% during its May meeting. However, US central bank officials agreed to slow the pace of reducing bond holdings on their balance sheet, leading to a slight easing of monetary policy. The Federal Open Market Committee kept…