Latest Market News
Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking. 925 Total views 15 Total shares Banking Circle, a European bank focused on cross-border payments, is adopting a major U.S. dollar-pegged stablecoin for payment rails. The firm officially announced on Friday the […]
U.S. stocks opened lower Friday after a stronger-than-expected jobs report. The Dow Jones Industrial Average DJIA, -0.45% was down 0.1% soon after the opening bell, while the S&P 500 SPX, -0.77% fell 0.4% and the Nasdaq Composite COMP, -1.17% dropped 0.9%, according to FactSet data, at last check. The U.S. Bureau of Labor Statistics said […]
Fairfax County continues to invest public retirement funds in the cryptocurrency space, highlighting the ‘short-term nature’ of yield farming as an appealing portfolio diversifier. 76 Total views 12 Total shares Virginia’s Fairfax County continues to be a prominent public institutional investor in the cryptocurrency space and is set to diversify its portfolio with a move […]
The seven-day average of new COVID-19 cases remained mostly steady and deaths declined, but hospitalizations and the positivity rate for COVID tests keep on climbing to multi-month highs. The daily average for new cases was 107,811 on Thursday, according to a New York Times tracker, up 8% from two weeks ago but still in the […]
The crypto community is concerned that the transfer could lead to the dumping of more than $500 million Bitcoin into the market. 5265 Total views 46 Total shares Embattled lending platform Celsius has transferred nearly 25,000 Wrapped Bitcoin (wBTC), worth $528.9 million, to crypto exchange FTX, prompting concerns from some in the community about whether […]
Shares of commercial real estate brokers have underperformed the real estate investment trust (REIT) and the broader stock market by a wide margin this year, and they could remain “choppy” in the coming months, but JPMorgan analyst Anthony Paolone said “a lot of the damage appears to be done.” Shares of CBRE Group Inc. CBRE, […]