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A big comeback Friday for stocks left the S&P 500 index SPX, +2.43%, Dow Jones Industrial Average DJIA, +1.65% and Nasdaq Composite Index COMP, +3.13% with sizable gains on the session and enough upward momentum to leave all three key U.S. stock benchmarks in the green in a week of extreme volatility on Wall Street. […]
Bitcoin (BTC) created resistance at $37,500 on Friday amid an increasing consensus that a new dive was underway. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Funding signals dip expectations Data from Cointelegraph Markets Pro and TradingView revealed $37,500 as the ceiling that capped price action overnight into Friday. BTC/USD had recovered from a trip to local […]
The House committee investigating the January 6 attack on the U.S. Capitol has issued subpoenas to 14 individuals who were purported “alternate electors” for former President Donald Trump. “The Select Committee is seeking information about attempts in multiple states to overturn the results of the 2020 election, including the planning and coordination of efforts to […]
The cumulative transactions in e-CNY have reached 87.57 billion yuan ($13.68 billion) until now. 1659 Total views 26 Total shares China’s food delivery giant Meituan has become the latest tech firm to integrate central bank digital currency (CBDC) payments for its services. Meituan users can link the digital yuan wallet to their service app and […]
Investors could be in for seven 25-basis-point interest rate hikes this year, or one at each remaining Federal Reserve meeting, considering the central bank “has all but admitted that it is seriously behind the curve,” according to a note by BofA Global Research. In the note released Friday, economist Ethan Harris and others made a […]
The Financial Services and Markets Authority (FSMA) held an online event (webinar) on Friday, 28 January 2022 attended by a large group of Dutch-speaking and French-speaking intermediaries, where it presented its new guide to the conduct of business rules for the distribution of insurance products. The practical explanations provided in the guide are intended to […]