Latest Market News

Feb 02
RBA Ends QE But Says Inflation Not There Yet For Rate Hikes

Rate Hikes Off The Table For NowThe Australian Dollar has been a little weaker over the European session so far on Tuesday following the February RBA meeting overnight. The RBA held off from announcing any rate hikes though the bank did outline that its pandemic-driven stimulus program would now cease. So far so good, this […]

Feb 02
Tezos transactions and smart contract activity surge on NFT demand

Smart contract activity in the Tezos ecosystem has surged over the past year as it becomes a magnet for NFT activity. The Tezos network has seen impressive growth over the past 12 months in smart contract addresses and general adoption, primarily driven by non-fungible tokens (NFTs). Activity within the Proof-of-Stake ecosystem has had a spurt […]

Feb 02
U.S. oil futures settle modestly higher a day ahead of the OPEC+ meeting

U.S. oil futures settled slightly higher on Tuesday, as traders await the outcome of Wednesday’s meeting of major oil producers. OPEC+, which comprises the Organization of the Petroleum Exporting Countries and their allies, is expected to agree to a 400,000 barrel-per-day production increase for March. “When you factor in that many members are struggling to […]

Feb 02
Information Notice 2/1/22

Notice Comments Summary FINRA Rule 4111 (Restricted Firm Obligations) became effective on January 1, 2022. This Notice announces that the first “Evaluation Date” for Rule 4111 will be June 1, 2022.   Questions concerning this Notice should be directed to: Kosha Dalal, Vice President and Associate General Counsel, Office of General Counsel (OGC), at (202) […]

Feb 02
The CFTC and 27 State Securities Regulatory Agencies Charge Los Angeles Area Precious Metals Dealer in Ongoing $68 Million Fraud Targeting the Elderly

Washington, D.C. — The Commodity Futures Trading Commission and 27 state securities regulatory agencies that are members of the North American Securities Administrators Association (NASAA) announced the filing of a joint civil enforcement action in the U.S. District Court for the Central District of California against a precious metals dealer and its owner for orchestrating […]

Feb 02
Jack Dorsey: Diem was a waste of time, Meta should’ve focused on BTC

Dorsey said that although Facebook probably started Diem for “the right reasons,” it should’ve used an open-ended protocol like Bitcoin rather than attempting to create its own currency. 161 Total views 11 Total shares Twitter founder Jack Dorsey said that Meta’s failed cryptocurrency project Diem was “wasted effort and time,” and it should have focused […]