Day: July 11, 2022
Shares of electric-vehicle maker Rivian Automotive Inc. RIVN, -6.44% fell about 0.4% in the extended session Monday after ending the regular trading day 6.4% lower following a report that it was planning to lay off about 5% of its workforce. Citing people familiar with the plan, Bloomberg reported earlier that the EV maker is looking […]
Grayscale argues that the differences between futures and spot Bitcoin ETFs have no correlation to approvals because prices are based on the same spot Bitcoin markets. 3627 Total views 53 Total shares Asset management firms continue to fight for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States as regulators remain skeptical of the idea. […]
A House committee investigating the Jan. 6, 2021, Capitol Hill insurrection will not hold a hearing this Thursday, reports said Monday. A committee aide told CNN that “we expect that we will hold a hearing next week.” The aide said the delay was to give members and investigators time to process the “new and important […]
A recent ECB report says stablecoins are not practical as a mode of payment and their current form isn’t fit for use in the real economy. 1897 Total views 51 Total shares The European Central Bank (ECB) has released a report analyzing the growth of the cryptocurrency market over the past decade and the risks it poses […]
Natural-gas futures climbed by more than 6% on Monday, buoyed by the planned shutdown of a key European pipeline, while oil prices finished with a loss, pressured by worries about a slowdown in energy demand tied to global inflation and lockdowns in China. Russia has shut down the Nord Stream 1 pipeline for scheduled maintenance […]
The BTC is smoothly declining. On Monday, the leading cryptocurrency is going down to $20,510. This is the third day of feeble sales in a row after on Friday, the crypto approached $22,300. An important resistance level remains at $23,500. It needs to be surpassed so that the price secures above it if the market […]
USDJPY reached new highs – the “greenback” continues to get stronger. The Japanese Yen plunged against the USD. The current quote for the instrument is 137.02. A new high for the pair is at 137.28. The USD keeps getting stronger, making the Yen retreat. Despite an unstable situation in the market, investors barely have any […]
The Financial and Consumer Services Commission (FCNB) invites you to complete our stakeholder survey. We want to hear about your experiences, level of satisfaction and expectations of FCNB. We have engaged Thinkwell Research to conduct this survey on our behalf. Your answers will be kept confidential. Please complete this survey as an individual practicing in your regulated […]
GMEX has acquired ING’s Pyctor business to connect CeFi and DeFi amid the increasing demand for hybrid finance. 741 Total views 49 Total shares ING Group, a Dutch multinational banking and financial services corporation, has spun out its digital asset business Pyctor to multi-asset trading infrastructure firm GMEX. GMEX has acquired ING’s institutional-grade digital asset […]
Published: July 11, 2022 at 12:09 p.m. ET Commerce Secretary Gina Raimondo said Monday that she’s not worried about the strength of the foreign exchange value of the U.S. dollar. “I am not concerned about the dollar being as strong as it is,” Raimondo said, during an interview on Bloomberg Television. Raimondo said she was […]
