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Volatile cryptocurrencies such as Bitcoin would also be subjected to a 1,250% risk premium. 693 Total views 33 Total shares On Thursday, the Basel Committee on Banking Supervision suggested during its second consultation on the prudential treatment of crypto-asset exposures that banks limit their exposure to so-called Group 2 crypto assets to just 1% of their […]
Gold futures marked a fourth straight session decline on Thursday, ending more than 2% lower for the month, according to FactSet data. A “strong U.S. dollar and rising interest-rate expectations continue to weigh on the precious metal, with the metal once again unable to benefit from the ongoing risk aversion in the markets,” said Fawad […]
The Jacobi Bitcoin ETF will start trading on the Euronext Amsterdam Exchange under the ticker BCOIN in July. 1977 Total views 81 Total shares Major Dutch stock exchange Euronext Amsterdam, a part of the pan-European marketplace Euronext, is debuting its first Bitcoin (BTC) exchange-traded fund (ETF). Jacobi Asset Management, a London-based digital asset management platform, […]
The U.S.-listed shares of Vipshop Holdings Ltd. VIPS, -4.92% sank 5.7% in morning trading Thursday, and have now tumbled TK% amid a four-day losing streak, after disclosing that a large shareholder, JD.com Inc. JD, -0.72%, sold off a chunk of its holdings in the past week. JD.com’s stock fell 2.0% in morning trading. In an […]
GBPUSD took a break after a couple of days of plummeting. The Pound sterling stopped falling against the USD. The current quote for the instrument is 1.2135. First of all, the Pound is under domestic pressure – the United Kingdom has just survived the most significant rail strike in 30 years. However, labour unions aren’t […]
EURUSD plunged in the last 24 hours – the asset remains under pressure. The major currency pair is moving hesitantly on Thursday. The current quote for the instrument is 1.0439. The US GDP Q1 report published yesterday showed -1.6% y/y, which is worse than the expected reading of -1.5% y/y. The components of the report […]