AI Revolution, Fed’s Pivot Power US Stock Market To A Record Year: This Week In Markets
Published by Benzinga The U.S. stock market bids farewell to a truly unforgettable year, characterized by the artificial intelligence revolution, which defied numerous gloomy forecasts made at the year’s outset. All the major U.S. indices concluded the year either at…
Will Gary Gensler Survive? 2 Republican House Members Attempt To Oust SEC Chair
Published by Benzinga RepublicansTom Emmer, who serves as majority whip in the U.S. House of Representatives, and Ohio Congressman Warren Davidson, are leading a legislative effort aimed at removing Gary Gensler from his position as chairman of the U.S. Securities…
Dollar on pace for first yearly loss since 2020
Published by Reuters UK By Karen Brettell and Samuel Indyk NEW YORK/LONDON (Reuters) – The dollar is set to end 2023 with its first loss since 2020 against the euro and a basket of currencies on expectations the U.S. Federal…
Bitcoin Hits $43,000; Sei Emerges As Top Gainer
Published by Benzinga Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $43,000 level on Friday. Ethereum (CRYPTO: ETH), meanwhile, moved lower, trading below the key $2,400 mark this morning. Sei (CRYPTO: SEI) was the top…
Crypto Trader Foresees Steep Bitcoin Decline After New Peaks; Google Settles Consumer Privacy Suit for $5B Over Secret Tracking – Top Headlines Today While US Was Sleeping
Published by Benzinga Crypto Crypto Trader Anticipates Sharp Bitcoin Downturn Post New Highs: ‘For Every Action, There Is An Equal And Opposite Reaction’SEC Clamps Down On ‘Self-Styled Entrepreneur’ For Using $364K Crypto Investor Funds For Personal ExpensesSEC Scored, Kwon Floored:…
FLJ Group, Bit Digital And Other Big Stocks Moving Higher In Friday’s Pre-Market Session
Published by Benzinga U.S. stock futures were slightly higher this morning, with the Dow Jones futures gaining around 15 points on Thursday. Shares of FLJ Group Limited(NASDAQ: FLJ) rose sharply in pre-market trading. FLJ Group completed $180 million cash purchase…
Crypto Trader Anticipates Sharp Bitcoin Downturn Post New Highs: ‘For Every Action, There Is An Equal And Opposite Reaction’
Published by Benzinga A cryptocurrency trader expects a severe Bitcoin (CRYPTO: BTC) drop following a potential new all-time high, issuing an alert to his substantial online audience. What Happened: Operating under the pseudonym Credible Crypto, the trader shared his prediction…
Bitcoin Miner Beat Blue Chips In Trading Volumes On Heels Of Expected ETF Approval And Halving, Experts Optimistic
Published by Benzinga Bitcoin miner stocks have witnessed a significant rally in trading volumes compared to blue-chip stocks on the exchange amidst the rise in traders’ interest in Bitcoin. What Happened: Based on data, Bitcoin miners such as Marathon Digital…
Cryptocurrency startup funding to drop 68% year-on-year in 2023
Significant reduction in investment amount by virtual currency VCs The amount of investment by crypto asset (virtual currency) venture capital companies in blockchain startups will plummet by 68% from approximately 4.8 trillion yen ($33.3 billion) in 2022 to approximately 1.5…
Former Binance CEO CZ’s assets increased by approximately 3.5 trillion yen in 2023 – Bloomberg
Mr. CZ’s assets The assets of Changpeng Zhao (CZ), the former CEO of the crypto asset (virtual currency) exchange Binance, increased by $24.6 billion (approximately 3.5 trillion yen) in 2023. His current holdings are $37.2 billion (approximately 5.3 trillion yen),…