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Coinbase responds to canadian regulations: suspends usdt, dai, and rai stablecoins

The US-based cryptocurrency exchange, Coinbase has announced its decision to halt trading of prominent stablecoins, namely Tether (USDT), Dai (DAI), a...

August 18, 2023, 7:33 am

Why did bitcoin drop? analysts point to 5 potential reasons

Elon Musk’s SpaceX reportedly selling its Bitcoin (BTC) holdings, the bankruptcy of a Chinese propert...

August 18, 2023, 3:59 am

Google's deepmind reportedly developing ai tools for life advice

Google's artificial intelligence (AI) division, DeepMind, is in the process of creating at least 21 AI tools designed to offer life advice, planning, ...

August 18, 2023, 3:42 am

Evergrande enters us bankruptcy protection as china property crisis deepens

Chinese property group Evergrande has filed for bankruptcy protection in the US as the crisis spreading through China's property sector worsens. Everg...

August 18, 2023, 2:56 am

Bitcoin crashes below $26,000 as investors turn risk-shy, musk dumps $373 mn cryptos

The popular cryptocurrency’s price dips to $26,000 level for the first time after Musk’s SpaceX reportedly...

August 18, 2023, 2:44 am

Ipo report: at long last, instacart is reportedly eyeing ipo in september

Instacart Inc. plans to launch its long-awaited initial public offering in September, Bloomberg News reported late Thursday. Read Full Story The post ...

August 18, 2023, 1:08 am

Icymi - further intervention from china to support the yuan overnight

USD/CNH is off its Thursday highs with Chinese State banks intervening to sell USD/CNY.I gave a heads up to the intervention yesterday:Further Chinese...

August 17, 2023, 9:29 pm

Spacex sold $373m worth of bitcoin acquired in 2021-2022: report

Under CEO Elon Musk, SpaceX reportedly recorded $373 million worth of Bitcoin on its balance sheet in 2...

August 17, 2023, 8:59 pm

At long last, instacart is reportedly eyeing ipo in september

Instacart Inc. plans to launch its long-awaited initial public offering in September, Bloomberg News reported late Thursday....

August 17, 2023, 8:54 pm

Hawaiian electric industries stock drops as utility reportedly seeks help for maui wildfires liabilities

Hawaiian Electric Industries, Inc shares slid 18% to $11.91 in early-afternoon trading on Thursday following a Wall Street Journal report the utilit...

August 17, 2023, 1:04 pm

Bud light wins back 15% of boycotting drinkers following dylan mulvaney fiasco, survey claims

A survey by Deutsche Bank found that the number of Bud Light drinkers unlikely to buy the brand in the near future decreased to 3%. The boycott ...

August 17, 2023, 1:00 pm

Forexlive european fx news wrap: dollar eases on yuan rebound, yields stay elevated

Headlines:10-year Treasury yields close in on the high from October last yearAussie bounces back alongside the offshore yuan, time to fade?China ...

August 17, 2023, 12:01 pm

China reportedly told state banks to escalate yuan intervention this week

Well, it's not like it had helped that much but the yuan did bounce back towards the closing stages of onshore trading today. That is helping with the...

August 17, 2023, 10:07 am

“free” cash flowing from bank of ireland atms

Photo and video footage on social media showed cars and people lining up outside ATMs in various locations, such as Dublin and Lisduggan, among others...

August 17, 2023, 7:46 am

China's aging population and smaller workforce to weigh on economic growth - moody's

It goes without saying that Japan is the leading example in this space and China is also looking to go down that path. In fact, so are a lot of countr...

August 17, 2023, 5:40 am

Paramount reportedly drops plans to sell its stake in bet

Paramount Global has scrapped plans to sell its majority stake in BET Media Group, the Wall Street Journal reported Wednesday night....

August 16, 2023, 9:13 pm

Google reportedly building a.i. that offers life advice

One of Google's AI units, DeepMind, is reportedly using generative AI to develop at least 21 different ...

August 16, 2023, 9:46 am

Fitch bank warning weighs on equities as investors await fed meeting minutes

US benchmark equity indexes slipped Tuesday as a Fitch Ratings analyst reportedly said the agency may h...

August 15, 2023, 8:44 pm

Binance irked by sec’s move to query ceo of us affiliate

Binance has criticised the US Securities and Exchange Commission (SEC) for reportedly making “incredi...

August 15, 2023, 2:19 pm

Europe’s first spot bitcoin etf makes waves on euronext amsterdam

The London-headquartered Jacobi Asset Management has introduced Europe's first spot Bitcoin exchange-traded fund (ETF) on Euronext Amsterdam. The comp...

August 15, 2023, 1:09 pm


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