Finance And Market News

FTX Crypto Exchange Hack Being Charged by US in TRIO

FTX Crypto Exchange Hack Being Charged by US in TRIO

FTX Crypto world has once again found itself in the spotlight, this time due to the recent charges laid by U.S. authorities against three individuals allegedly involved in the FTX crypto exchange hack. This incident, which unfolded in November 2022, sent shockwaves through the digital currency community and raised concerns about the security of online …

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Ripple's XRP Falls Amid Reports of Alleged Hack

Ripples XRP Falls Amid Reports of Alleged Hack

Ripples XRP enthusiasts were taken aback on Wednesday as Ripple’s XRP token experienced a significant dip in value, plummeting over 5%. The sudden drop was triggered by alarming reports suggesting a possible breach in the network, resulting in the disappearance of tokens worth a staggering $112.5 million, as per findings disclosed by CoinDesk. Introduction to …

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The Ultimate Cryptocurrency to Buy With $1,000 Today

The Ultimate Cryptocurrency to Buy With $1,000 Today

The Ultimate Cryptocurrency have become a significant part of the investment landscape, offering potential for high returns but also posing challenges in selecting the right assets. With numerous options available, investors often find themselves overwhelmed by the choices. However, in the midst of this complexity, one cryptocurrency stands out as the ultimate choice for investment: …

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Rate cut bets outweigh caution in risk-laden week

Rate cut bets outweigh caution in risk-laden week

Rate cut bets in the new week dawns, the global market landscape brims with anticipation and apprehension alike. A myriad of risk-laden events, including the Federal Reserve’s pivotal interest rate decision and escalating tensions in the Middle East, cast a shadow over market sentiment. Amidst this backdrop, traders navigate the terrain, weighing prospects and pitfalls …

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US Bank Regulator to Enhance Transparency of Merger Reviews and Eliminate Automatic Approvals

US Bank Regulator Aims to Boost Transparency in Merger Reviews

US Bank Regulator makes a move to enhance transparency and oversight in the banking sector, the Office of the Comptroller of the Currency (OCC) is set to propose new regulations governing bank mergers and acquisitions (M&A). This initiative aims to address industry concerns regarding opaque regulatory processes while ensuring that mergers undergo thorough scrutiny before …

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Crypto Firms Outside the Bloc: EU Proposes Tight Limits - What You Need to Know

Crypto Firms Outside the Bloc

Crypto Firms in European Union (EU) is reinforcing stringent regulations on cryptocurrency firms based outside the bloc aiming to ensure fair competition and protect investors within its jurisdiction. The latest proposals by the European Securities and Markets Authority (ESMA) shed light on how crypto companies from non-EU countries can operate within the EU market under …

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Silver nears its inaugural weekly gain in 2024.

Silver nears its inaugural weekly gain in 2024.

Silver nears holds a significant position, often reflecting broader economic trends and investor sentiment. The year 2024 kicks off with an intriguing development as silver prices edge upwards, poised to mark the first weekly profit of the year. This article delves into the factors driving this momentum, from shifts in US treasury yields to anticipated …

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Gold Extends Recovery Despite Headwinds

Gold Extends Recovery Despite Headwinds

Gold Extends prices have been a topic of keen interest for investors and analysts, especially in recent times where fluctuations in the market have been pronounced. Despite encountering various challenges, gold has shown resilience, extending its recovery in the face of headwinds. Factors Affecting Gold Extends Prices Dollar Index Movement The movement of the dollar …

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Binance Seeks Dismissal of SEC Fraud Lawsuit

Binance Seeks Dismissal of SEC Fraud Lawsuit

Binance Seeks enthusiasts and investors alike have been closely following the legal drama surrounding Binance, the world’s largest cryptocurrency exchange. Scheduled to appear in a Washington courtroom, Binance aims to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) in June. This legal skirmish comes on the heels of a similar event …

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Oil Prices Surge on Escalating Middle East Tensions

Oil Prices Surge on Escalating Middle East Tensions

Oil Prices Surge in a sharp uptick, climbed from a three-week high amid escalating tensions in the Middle East. The exchange of tit-for-tat strikes between the US and the Iranian-backed Houthis has not only disrupted global shipping but also propelled oil to its highest levels this year. I. Brent Crude Breaks $79 Mark Brent crude, …

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