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Monthly Archives: November, 2023

Ripple exec reiterates need for tech-neutral crypto regulations

A Ripple executive has re-emphasized the need to adopt a technology-neutral approach for more effective and adaptable guardrails as global regulators grapple with cryptocurrency...

Home Depot (HD) Q3 2023

Home Depot's quarterly sales declined 3% from the year-ago period, but topped Wall Street's expectations as customers chipped away at more modest projects and...

GROK Token, Inspired by Elon Musk’s X AI, Dropped 50% After Being Linked to a ‘Scammer’

GROK, an X AI-inspired token, lost nearly $100 million in capitalization in the past 24 hours as its developer was linked to previously rug-pulled...

Crude Oil & US CPI Key Factors

USD/CAD ANLAYSIS & TALKING POINTSCrude oil to be closely monitored after large decline.US CPI central to Fed expectations.Long upper wick & bearish divergence couple...

LONDON MARKET MIDDAY: FTSE 100 underperforms before US … – London South East

LONDON MARKET MIDDAY: FTSE 100 underperforms before US ...  London South East www.lse.co.uk

EUR/USD and EUR/JPY Could Stand to Benefit This Week

Euro Analysis (EUR/USD, EUR/JPY)Second Data Estimate Points to Stagnant European GrowthEurope has been the center of pessimistic fundamental data in recent months as the...

BlockFi, FTX Can Start Mediation, File Counterclaims as Automatic Stay Is Lifted by U.S. Judge

The stay has been modified to allow FTX debtors to make "arguments, defenses, counterclaims, setoffs, or otherwise ... with respect to the BlockFi claims...

Owner of Hong Kong crypto exchange OSL secures $90M investment

BC Technology Group, the operator of Hong Kong’s publicly listed cryptocurrency exchange OSL, has announced a significant investment from industry firm BGX.BC Technology entered...

Why Trump Seems Less Vulnerable on Abortion Than Other Republicans

He appointed judges who overturned Roe, but his vague statements on the issue may give him some leeway with voters. www.nytimes.com

Capital Gains Tax Applies to Wrapped Tokens and DeFi, Australian Tax Authority Clarifies

“Being able to wrap tokens is a valuable and necessary cross-chain interoperability tool,” said Michael Bacina, Digital Assets lawyer at Piper Alderman Lawyers. “To...

Bad Feelings About the Economy Sour Arizona Voters on Biden

The White House has hailed new investments and new jobs, yet many voters in a battleground state are chafing at inflation and housing costs. www.nytimes.com

German ZEW Investor Sentiment Rises Despite Euro Area GDP Contraction

Implications for Economic Forecasting This positive development in the ZEW Economic Sentiment Index could hint at a more bullish short-term economic forecast for Germany, potentially...

Dow, Nikkei 225 and CAC 40 Gains Slow ahead of US Inflation Data

Article by IG Chief Market Analyst Chris BeauchampDow Jones, CAC 40, Nikkei 225 Analysis and Charts​​​Dow breaks trendline resistance​The price continued to gain on...

Reddit Token MOON Shoots 150% as Hopes of the Crypto Token’s Revival Drives Surge

In the 24 hours following that move, prices of Moons (MOON), the native token of Reddit’s r/CryptoCurrency community, fell some 85% on the news,...

Swan Bitcoin to terminate customer accounts that use crypto-mixing services

Bitcoin service platform Swan Bitcoin warned its customers that it would be forced to terminate accounts found interacting with crypto-mixing due to the regulatory...

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