Day: July 1, 2022

Jul 01
Central Bank of Ireland Issues Warning on Unauthorised Firm – Parker Prime

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a scam entity by the name Parker Prime (Estonia / United Kingdom) formerly operating the website addresses: https://parker-prime.com and https://clientzone.parker-prime.com, has been claiming to be an investment firm / investment business firm in the State in the absence of appropriate […]

Jul 01
Central Bank of Ireland Issues Warning on Unauthorised Firm – Scam entity clones authorised The World Markets Umbrella Fund plc

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a scam entity by the name World Market Funds (Ireland), formerly operating the website https://wmfunds.co.uk/, has been claiming to be an investment firm / investment business firm in the State in the absence of appropriate authorisations. In this instance the […]

Jul 01
Opinion of the Commission for the Voluntary Supplementary Pensions for the Self-Employed concerning the new rules for estimating the statutory pension for self-employed company directors under the 80% tax threshold

The Commission points to a number of negative effects of the new tax rules for estimating the statutory retirement pension for self-employed company directors in line with the calculation of the 80% threshold. Read more … (available in French – Dutch only) Source: FSMA

Jul 01
BlockFi announces deal with FTX US, including ‘option to acquire’ for $240M

According to CEO Zac Prince, BlockFi signed agreements with FTX US totaling $680 million — for a company that had a $5 billion valuation in June 2021. 369 Total views 10 Total shares FTX US has inked a deal with BlockFi that will give the crypto derivatives exchange the option to purchase the lending firm. […]

Jul 01
Crypto brokerage Voyager Digital shares fall as much as 40% after suspending trading, deposits, withdrawals

Crypto brokerage Voyager Digital VYGVF, -30.68% shares plummeted as much as 40% after it announced Friday that it has temporarily suspended trading, deposits, withdrawals, and loyalty rewards starting 2 pm Eastern time on Friday. It shares dropped to as low as $0.25 before it rebounded to about $0.33 at market close. The crypto brokerage earlier […]

Jul 01
June roundup: Who’s hiring and who’s firing in the crypto space

Binance, Ripple and Kraken are hiring, while Coinbase, Gemini, and Crypto.com have announced staff cuts. 351 Total views 10 Total shares Amid the recent volatility in the crypto market affecting investments and stock prices, many firms made significant staff cuts in the last month while others continued hiring. In June, major crypto exchange Gemini was […]

Jul 01
Home builder stocks enjoy broad gains as Treasury yields fall to 1-month low

Shares of home builders were broadly higher Friday, as the continued drop in longer-term Treasury yields helped soothe some fears about home affordability. The iShares U.S. Home Construction ETF ITB, +4.10% ran up 4.3% with all 47 equity components trading higher, while the S&P 500 SPX, +0.57% edged up 0.7%. PulteGroup Inc. PHM, +6.78% was […]

Jul 01
GM stock slumps after earnings warning, as chip shipment timing and supply chain disruptions weigh

Shares of General Motors Co. GM, +0.55% dropped 1.7% in premarket trading Friday, after the automaker warned of a second-quarter earnings shortfall, as vehicle wholesale volumes were hurt by the timing of semiconductor shipments and other supply chain disruptions. The company expects net income for the quarter to June 30 to be between $1.6 billion […]

Jul 01
The cryptocurrency market digest (BTC). Overview for 01.07.2022

The crypto market is selling. In the last 24 hours, the BTC lost 2.85% and dropped below $20,000, which is the psychologically important level. One should take note that the crypto market hasn’t responded in a positive way to any local attempts by the US indices to rise. On the other hand, any slight decline […]

Jul 01
Forex Technical Analysis & Forecast 01.07.2022

EURUSD, “Euro vs US Dollar” Having completed the descending wave at 1.0383 along with the correction up to 1.0484, EURUSD continues falling towards 1.0355. Later, the market may correct to return to 1.0484 and then resume trading downwards with the target at 1.0300. GBPUSD, “Great Britain Pound vs US Dollar” After finishing the descending wave […]