Earlier today, the Bank of Japan (BOJ) decided to keep its interest rates steady at 0.25% thereby giving the global market a sign of relief. The development led to a quick 2.10% surge in the Nikkei index that shot up 700 points moving closer to 38,000 levels. This decision from the BOJ has subsided the …
The United States District Court for the Northern District of Texas dismissed Consensys Software Inc.‘s case against the Securities and Exchange Commission. This was after a long legal battle to determine the status of Ethereum and other similar software products. Texas Court Ends Consensys Suit Against SEC The U.S. District Court in Fort Worth has …
Trading has come a long way in the crypto industry. From just a couple of platforms we could use for this activity, we now have to choose from thousands of such trading platforms, each with special benefits and features that can make our lives easier and better. Since technology never stops surprising us, a new …
The US Fed interest rate cut decision of 0.50%, in line with the market expectations, marks the first policy rate trim in four years. The event was eagerly awaited by the market participants, with traders now awaiting the upcoming Fed Chair Jerome Powell’s speech. Although the market was already expecting a 0.50% rate cut by …
BlackRock is gearing up to introduce an ambitious investment fund exceeding $30 billion, in collaboration with Microsoft. The fund is aimed at developing data centers and energy projects to support the expanding demands of artificial intelligence (AI) technology. Moreover, the partnership represents one of the largest investment vehicles ever created on Wall Street, signaling financial …
Two prominent U.S. lawmakers, House Majority Whip Tom Emmer and House Financial Services Committee Chairman Patrick McHenry, have raised concerns over the Securities and Exchange Commission’s (SEC) approach to classifying airdrops as securities. In a letter dated September 2024, they addressed SEC Chair Gary Gensler, questioning the agency’s stance on airdrops. Contents of Letter To …
US Fed rate cuts is a key focus among investors in global stock and crypto markets this week as they seek additional cues for market direction. JPMorgan and Goldman Sachs eye a modest 25 bps rate cut by the US Federal Reserve as markets look for 50 bps rate cuts due to elections. Will Bitcoin …
In a world that’s becoming increasingly digital, the way we shop for and give gifts is evolving too. Digital gift cards have emerged as one of the most practical and popular gift options. They’re not only flexible and customizable but also instantly available, making them the perfect choice for last-minute gifts. But how can you …
Cryptocurrencies have been on the rise in the last few years, and they have been excellent investments and trading options for people around the globe. This new asset class provides better returns and a new way of storing wealth, which has attracted many people for regular investments and has opened effective Crypto trading options for …
Cryptocurrencies have emerged as a groundbreaking financial technology, offering a diverse array of benefits and opportunities for individuals and organizations alike. These include decentralized transactions that reduce reliance on intermediaries, borderless transactions that facilitate global trade, and the transparency and security provided by blockchain technology. Despite these advantages, however, cryptocurrencies may not align with everyone’s …
