Traders Hold Breath For Powell’s Remarks, Bitcoin’s Wild Ride Unleashed: What’s Driving Markets Thursday?
The stock markets is in a lackluster session on Thursday, with traders eagerly awaiting more clues on monetary policy from Fed ChairJerome Powell, who is set to deliver live remarks at 2 p.m. in Washington. In other Fed commentary, Richmond…
Bitcoin Price Is Cooling Off – What’s Going On?
Bitcoin (CRYPTO: BTC/USD) experienced a rapid surge and surpassed key psychological levels at $36,000 and $37,000. A short squeeze led to a significant wick, driving the cryptocurrency to reach an intra-day peak of $37,972. This upward movement favored long positions,…
Spot Bitcoin ETF Imminent? SEC Approval Window Is Due To Open — Or Will It Just Get Punted?
The window for approval of all pending Spot Bitcoin ETFs opens tomorrow and will last for at least eight days. That’s according to commentary from Bloomberg’s ETF analyst James Seyffart and BI Senior ETF analyst Eric Balchunas. Even if approvals…
SEC Chair Evokes Ghost Of Great Depression To Slam Crypto’s Lack Of Disclosures
Drawing parallels between today’s cryptocurrency landscape and the financial markets of the 1920s, SEC Chair Gary Gensler has called for heightened disclosures to protect investors. Gensler, speaking at the DC Fintech week, referenced Franklin D. Roosevelt’s Truth in Securities Act,…
HSBC to launch digital asset custody services in collaboration with Metaco
HSBC plans to offer digital asset custody services for institutional clients. The bank will offer the custody services in collaboration with Metaco, a DeFi firm owned by Ripple. The custody services will complement HSBC’s existing digital asset issuance platform, HSBC…
Cathie Wood’s Ark Invest Bet Big On Robinhood, Coinbase With Over $1B Invested: Which Of The 2 Crypto-Linked Stocks Is Doing Better This Year?
Cathie Wood, the CEO of ARK Investment Management, and an experienced investor, continues to showcase her optimistic stance on the cryptocurrency industry. ARK Invest since 2022 augmented its position in Coinbase Inc (NASDAQ:COIN) and Robinhood Markets Inc (NASDAQ:HOOD) by adding…
Latter-day Saints lawsuits raise questions over Mormon tithing – can churches just invest funds members believe are for charity?
The Mormon Temple is the centerpiece of Temple Square in Salt Lake City. AP Photo/Douglas C. Pizac Three men have filed a lawsuit against the Church of Jesus Christ of Latter-day Saints – also known as the LDS or Mormon…
UK’s crypto industry braced for regulatory change
By Crypto AM: If you know, you know, with Jason Tucker-Feltham The UK’s proposed crypto regulatory regime has been a hot topic of discussion lately, and for good reason. It’s a divisive issue, with some people supporting it and others…
Spanish regulator opens first cryptoasset advertising case
MADRID (Reuters) – Spain’s stock market supervisor said on Wednesday it had opened its first case relating to a possible infringement of recent rules governing mass advertising campaigns of cryptoassets. Madrid took steps to regulate the rampant advertising of cryptoassets…
You Have a Right to Know Why a Health Insurer Denied Your Claim. Some Insurers Still Won’t Tell You.
by Maya Miller, with additional reporting by Ash Ngu If you want to request your own claim file, head to our “Claim File Helper.†If you have trouble getting your claim file back, let us know what happened at [email protected]….