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Monthly Archives: November, 2023

Genesis Sues Gemini To Recover “Preferential Transfers” Worth $689m

Genesis and Gemini have been embattled in a public and legal feud ever since the collapse of FTX. Genesis filed for bankruptcy in January....

Crypto Traders Load Up on Bitcoin Topside Option Plays After Binance’s Gulity Plea

Data shared by market analyst Chang shows that early Wednesday, market participants traded 550 contracts of BTC $45,000 strike call option expiring in March...

Exclusive: China to name finance veteran Zhu as new forex chief, sources say

The building of State Administration of Foreign Exchange (SAFE) is pictured in Beijing, China, January 11, 2017. REUTERS/Jason Lee/File Photo Acquire Licensing RightsBEIJING/HONG...

Rethinking Bitcoin ‘dominance’ at 51% — A misleading metric?

Bitcoin's (BTC) market dominance has traditionally been viewed as a key indicator of its market strength. Currently, the metric is at a multi-year high...

Sam Altman to Return as OpenAI CEO Following In-Principle Agreement

"I’m looking forward to returning to openai, and building on our strong partnership with msft (Microsoft)," Altman said in a post early Wednesday. www.coindesk.com

OpenAI to rehire Sam Altman as CEO with new initial board members

Just two days after Microsoft CEO Satya Nadella hired former OpenAI CEO Sam Altman to lead a new advanced AI research team, OpenAI backtracked on...

Bitcoin (BTC) Prices Fall as Binance Faces $4 Billion Settlement

Data from CoinGlass show, exchanges have liquidated crypto perpetual futures positions worth $227 million in the past 24 hours. Bullish longs accounted for nearly...

Exclusive-China to Name Finance Veteran Zhu as New Forex Chief, Sources Say – U.S. News & World Report

Exclusive-China to Name Finance Veteran Zhu as New Forex Chief, Sources Say  U.S. News & World Report www.usnews.com

Home sales fell to a 13-year low in October as prices rose

Sales of previously owned homes were 4.1% lower in October compared with September, running at a seasonally adjusted annualized rate of 3.79 million units,...

GBP/USD Holds Firm in Positive Territory Amid Hawkish BoE Sentiments and USD Dynamics

Arslan Butt Index & Commodity Analyst Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an...

Bitcoin (BTC) and BNB Begin Recovery as Market Digests Binance Plea

As of writing, BTC traded close to $36,400, having tanked over 4.5% to $35,700 Tuesday. BNB changed hands at $234, recovering from the overnight...

Grayscale met with SEC to discuss spot Bitcoin ETF details

Executives from crypto asset manager Grayscale have met with the Securities and Exchange Commission to discuss details of its flagship Bitcoin (BTC) trust, which...

Urban Outfitters’ clothing rental service Nuuly reaches profitability

Nuuly warehouseNatalie RiceUrban Outfitters' clothing rental service Nuuly has eked out its first profit thanks to a steady stream of new subscribers and a...

Political Pressures on Biden Helped Drive ‘Secret Cell’ of Aides in Hostage Talks

The deal came as Democrats are increasingly divided over Mr. Biden’s embrace of Israel, particularly as the civilian toll in Gaza grows. www.nytimes.com

FOREX-Dollar hovers near 2-1/2-month lows, easing pressure on yen

By Brigid RileyTOKYO, Nov 22 (Reuters) - The dollar index held around 2-1/2-month lows after minutes of the Federal Reserve's last meeting did little...

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