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.
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%.
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.
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.
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%.
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.
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.
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.
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.
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.