Hong Kong’s New OTC Crypto Scheme Proposalby John Darbie 12.09.2024Hong Kong considers SFC's involvement in regulating OTC crypto trades, seeking industry opinions for new licensing regime.
China Tech Sector’s Heavy Reliance on SOE Capitalby Lilu Anderson 11.09.2024China's tech sector risks issues due to dependence on state funds, risking industry growth, expert warns.
Bitcoin ETFs Stable Amid Significant Outflowsby John Darbie 11.09.2024U.S. Bitcoin ETFs saw $1.2B outflows, longest streak yet, but experts say it's a sign of healthy growth.
Crude Oil Prices Plummet as OPEC Lowers Demand Forecastby Mark Eisenberg 11.09.2024OPEC revises 2024 demand outlook, causing oil prices to hit lowest levels. Concerns arise over China's economic challenges.
Fed’s Projections May Signal Deeper Rate Cutsby Mark Eisenberg 11.09.2024Citi analysts anticipate Fed's revised projections to indicate deeper rate cuts amid rising unemployment and slowing inflation.
Homeland Security Enhances Port Cyber Securityby Lilu Anderson 07.09.2024US ports bolster cyber defenses to safeguard economy, jobs. Homeland Security plans to develop a virtual testbed for security.
Russia Increases 2024 Oil, Gas Export Forecastsby Mark Eisenberg 07.09.2024Russia boosts 2024 oil, gas export revenue forecast by $17.4B, indicating resilience to Western sanctions.
Bitcoin Faces Volatility Amid Short-Term Holder Pressureby John Darbie 06.09.2024Bitcoin slips below $57k as short-term holders face losses. Market stability at risk with potential volatility looming.
LPL Financial Acquires $9B Wealth Management Firmby Mark Eisenberg 04.09.2024LPL Financial to acquire The Investment Center, a $9B firm with 240 advisors. Deal closing expected by 2025 pending approval.
Bitcoin Hashrate Falls as Bearish Trend Continuesby John Darbie 04.09.2024Bitcoin's hashrate declines as crypto prices remain bearish, impacting mining profits and operations.