Latest Market News
The bank hinted that the OCC’s actions might help establish a regulatory precedent that could encourage other firms in the space to set up federally regulated digital asset banks. 809 Total views 14 Total shares The United States Office of the Comptroller of the Currency, or OCC, has said it intends to pursue cease and […]
Shares of Coinbase Global Inc. COIN, -6.67% sank 7.2% in afternoon trading Thursday toward yet another record low, after J.P. Morgan analyst Kenneth Worthington cut his stock price target by about 31%, citing lower crypto prices and “notably” lower volume that previously forecast. The crypto-trading platform’s stock reversed an earlier gain of as much as […]
“In particular, Canadians who were young, male, employed, had a university degree, high household income and relatively low financial literacy were more likely to own Bitcoin.” 1101 Total views 9 Total shares A study from the Bank of Canada found that Bitcoiners on average have lower financial literacy than those who don’t own Bitcoin (BTC). […]
Canada Goose Holdings Inc. GOOS, -0.51% announced on Thursday the launch of an eco-friendly fabric, Kind Fleece, which the luxury outerwear company developed as part of its sustainability commitment. Kind Fleece is made from recycled wool, a plant-based polymer called Sorona Polymer, and a biodegradable fiber made from wood. Kind Fleece is launching with four […]
Previously unseen documents detailing the EU’s conversations around banning Bitcoin have come to light following a freedom of information request. 521 Total views 5 Total shares European Union (EU) officials discussed banning Bitcoin trading during a debate on a proposal to ban Proof of Work mining according to documents obtained through a freedom of information […]
Shares of Walt Disney Co. DIS, -2.34% slumped 2.3% in afternoon trading, putting them on track for the lowest close in 17 months, after Florida lawmakers reportedly approved a bill to end a special tax district allowing the media and entertainment giant to govern the land housing its theme parks. Also weighing on Disney’s stock […]