News

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News
June 12, 2023

SEC Chair Gary Gensler Refers to Bitcoin and Ethereum as Non-Securities in Newly Revealed Video

Gary Gensler said Bitcoin, Ethereum, Litecoin, and Bitcoin Cash are not securities in the eyes of the SEC.

June 5, 2023

Oil prices rise 3% after China rate cut

Oil prices climbed on Tuesday after China's central bank lowered a short-term lending rate, adding momentum to the country's post-pandemic recovery.

Oil prices rise 3% after China rate cut
May 7, 2023

Binance will include FLOKI and PEPE in its list of innovation zones

The message from Binance seems to have caused some excitement in the market, as PEPE soared over 40% and FLOKI soared over 60%.

Binance will include FLOKI and PEPE in its list of innovation zones
January 6, 2023

UK equity funds lost a record $10 billion last year, new study shows

Bright spots were ESG funds and emerging market funds, which saw net inflows.

UK equity funds lost a record $10 billion last year, new study shows
November 29, 2022

Gold rises as weak dollar offset fears of rate hike

Spot gold rose 0.8% to $1,754.85 an ounce and U.S. gold futures rose 0.8% to $1,769.70.

Gold rises as weak dollar offset fears of rate hike
November 7, 2022

Oil is steadily holding below $100 per barrel while the market teeters between Chinese data.

Brent futures fell 7 cents, or 0.05%, to $98.52 a barrel. US West Texas Intermediate crude was $92.46 a barrel, down 15 cents, or 0.2%.

Oil is steadily holding below $100 per barrel while the market teeters between Chinese data.
October 17, 2022

Mastercard to Help Banks Offer Cryptocurrency Trading

Mastercard is launching a program that allows financial institutions to offer their customers cryptocurrency trading.

Mastercard to Help Banks Offer Cryptocurrency Trading
October 7, 2022

Gold freezes ahead of US jobs test but still set for weekly gains

Gold prices remained stable on Friday ahead of the release of the U.S. employment report, which could help investors determine the Federal Reserve's rate hike.

Gold freezes ahead of US jobs test but still set for weekly gains
September 22, 2022

The rise of the yen after the intervention of Japan, which provided the first support since 1998

The Japanese yen jumped on Thursday after monetary authorities intervened in the foreign exchange market to shore up the battered currency for the first time since 1998, though analysts said Japan could struggle to hold the yen for a long time.

The rise of the yen after the intervention of Japan, which provided the first support since 1998
September 8, 2022

Nio says restrictions on Nvidia chips won't hurt them

Last week, Nvidia said the U.S. would require the chipmaker to obtain a license to export certain products to China in future to reduce the risk of their use by the Chinese military.

Nio says restrictions on Nvidia chips won't hurt them
August 25, 2022

The dollar weakens from a nearly twenty-year peak as the Jackson Hole Symposium approaches.

The dollar pulled back from a nearly twenty-year peak on Thursday as investors turned to Fed Chairman Jerome Powell's speech for monetary policy tips.

The dollar weakens from a nearly twenty-year peak as the Jackson Hole Symposium approaches.