News

Jul 27
CFTC poaches Pantera Capital’s legal counsel, citing digital asset experience

Joe Cisewski formerly provided Pantera Capital with legal and regulatory guidance relating to the firm’s funds and investment advisors. Commodity Futures Trading Commission (CFTC) commissioner Goldsmith Romero cited Joe Cisewski’s experience in digital assets as a key reason behind onboarding him as chief of staff and senior counsel. Announcing the move on July 26, commissioner […]

Jul 27
Solar company Enphase stock rallies 7% after Q2 beat, outlook

Shares of Enphase Energy Inc. ENPH, -1.12% rose more than 7% in the extended session Tuesday after the maker of solar microinverters and other solar-power products and monitors reported second-quarter earnings that were above Wall Street expectations, thanks in part to growing business in Europe. Enphase said it earned $77 million, or 54 cents a […]

Jul 27
Community-initiated ‘Bitcoin Stackchain’ exceeds $160K in one week

The Bitcoin (BTC) community, or “plebs” as they are affectionately known, are a force to be reckoned with. They banded together in less than seven days to stack over $160,000, or 7 BTC, in a “stackchain.” The so-called stackchain, a portmanteau of the blockchain (Bitcoin’s ledger) and stacking Sats (buying BTC), is a community-driven meme. […]

Jul 27
Twitter shareholders to vote on Elon Musk’s takeover deal on Sept. 13

Twitter Inc. TWTR, +0.25% announced Tuesday that it has scheduled its special meeting at which shareholders will vote on whether to approve Tesla Inc. TSLA, -3.57% Chief Executive Elon Musk’s $44 billion takeover of the company. The meeting will take place Sept. 13. at 10 a.m. Pacific. Twitter has urged shareholders to approve the deal […]

Jul 26
Fiscal policy and planning for resilience

At last week’s meeting of the ECB’s Governing Council, we decided to increase our main policy rate by 50 basis points.  This continues the normalisation of our monetary policy, a path that we had started to travel on last December. Our aim is to dampen the inflationary pressures that we’re seeing in the euro area […]

Jul 26
Higher real income growth, reduced spending and precautionary savings contributed to significant increase in Irish household deposits during the pandemic

Central Bank Economic Letter finds that, while household deposits increased across all euro-area countries during the pandemic, Irish deposit growth was among the highest, exceeded only by Baltic countries. Unlike Ireland, these countries had very high pre-pandemic deposit growth, marking the Irish experience as exceptional. While the virus and related restrictions reduced spending, a higher […]