Latest Market News

May 06
The stock market puts bitcoin back in a downward trend

Bitcoin was down more than 10% intraday on Thursday, stabilising at $36.4K from the end of the day and losing 8.3% overnight. Ethereum lost 6.7% in the last 24 hours, while other leading altcoins in the top 10 fell from 5.6% (DogeCoin) to 14% (Avalanche). Total cryptocurrency market capitalisation, according to CoinMarketCap, fell 7.6% overnight […]

May 06
Ice Cube backs DOGE and an ‘incredible and historical’ transaction

Ice Cube said he is down with the “DogeArmy” after Bill Lee bought $625,000 worth of NFTs tied to the rappers’ BIG3 basketball league in DOGE. 1976 Total views 5 Total shares Iconic rapper Ice Cube — also known as O’Shea Jackson Sr — has jumped on the Dogecoin bandwagon with his endorsement of an […]

May 06
Oil futures end slightly higher

William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch

May 06
Argentina’s central bank steps in to block new crypto offerings from banks

Only four days have passed since two of Argentina’s biggest banks opened up to crypto trading but now the central bank has stepped in to block the offerings. 116 Total views 1 Total shares The central bank of Argentina (BCRA) has put the kibosh on financial institutions offering crypto trading only days after two of […]

May 06
Boeing moving HQ to Arlington, Va., vows to keep ‘significant presence’ in Chicago

Boeing Co. BA, -4.14% is moving its global headquarters to Arlington, Va., the aerospace and defense company said Thursday. The Wall Street Journal broke the news about the imminent move earlier Thursday. Boeing vowed to keep a “significant presence” in Chicago, where it moved in 2001. The Northern Virginia campus will “support various corporate functions […]

May 06
Federal Court Orders BitMEX’s Three Co-Founders to Pay a Total of $30 Million for Illegally Operating a Cryptocurrency Derivatives Trading Platform and Anti-Money Laundering Violations

Washington, D.C. — The Commodity Futures Trading Commission today announced the U.S. District Court for the Southern District of New York entered consent orders against the three co-founders of the BitMEX cryptocurrency derivatives trading platform: Arthur Hayes, Benjamin Delo, and Samuel Reed. The three co-founders are required to pay a total of $30 million civil […]