Day: June 1, 2022
Executives from two of Australia’s “big four” banks have said they won’t allow their retail customers to trade crypto with ANZ, adding they’re happy they didn’t “go head long” into a cryptocurrency offering. 1247 Total views 20 Total shares Executives at two of Australia’s “big four” banks have ruled out allowing retail customers to trade […]
U.S. stocks were down soon after the opening bell Tuesday morning, with the Dow Jones Industrial Average leading the decline after Memorial Day weekend. The Dow Jones Industrial Average was down 408 points, or 1.2%, at around 32,805 DJIA, -0.67%, while the S&P 500 SPX, -0.63% fell around 1% and Nasdaq Composite COMP, -0.41% dipped […]
EU leaders were able to agree on a sixth package of sanctions last night that would include an embargo on Russian oil, excluding pipeline supplies to landlocked countries. The decision to hit Russia’s export revenues will have a high cost in potentially higher inflation and lower EU growth. The ECB’s search for a compromise between […]
LSE Suspends Gazprom As of May 31stThe London Stock Exchange announced today that it has suspended shares of Russian state-owned energy supplier Gazprom from trading. The company reportedly requested its shares be suspended a full month ago with May 31st the agreed date for the suspension to become active.Notably the suspension comes just as the […]
Over 9,500 people around the world were surveyed for Block’s 2022 Bitcoin report which showed that more optimistic individuals possessed a greater self-reported knowledge level of the crypto. 1582 Total views 48 Total shares A survey from digital payment company Block Inc. has found that the higher respondents rated their own level of cryptocurrency knowledge, […]
President Joe Biden on Tuesday pledged to meet with U.S. lawmakers on gun-control issues, as members of Congress were pushing new legislation after two recent mass shootings. “I will meet with the Congress on guns, I promise you,” Biden said in the Oval Office as he met with New Zealand Prime Minister Jacinda Ardern. On […]
The world’s richest man and the co-founder of Dogecoin are sparring over whether the latter actually has a Python script that could put a huge dent in Twitter bot activity. 354 Total views 16 Total shares Billionaire Elon Musk and Dogecoin (DOGE) co-founder Jackson Palmer are locked in battle on social media over Palmer’s claim […]
Shares of Amazon.com Inc. AMZN, +4.40% charged 5.7% higher to $2,435.01 in afternoon trading, to put them on track for a fourth-straight gain. The ecommerce and cloud behemoth’s stock has soared 17.0% in the four days since it closed at $2,082.00 on May 24, which was the lowest close since April 9, 2020. That would […]
Ethereum layer-2 scaling solution Optimism has been overwhelmed with “all-time high demand” following the launch of its highly anticipated airdrop on Wednesday. Users racing to collect their tokens were greeted with failed or delayed transactions as the Optimism team raced in the background to add additional capacity to the network. As previously reported in April, Optimism […]
Stocks ended lower Tuesday, capping a volatile May that saw the S&P 500 flirt with a bear market but end the month virtually unchanged. The Dow Jones Industrial Average DJIA, -0.67% fell around 221 points, or 0.7%, to close near 32,992, while the S&P 500 SPX, -0.63% shed 26 points, or 0.6%, to finish near […]
