(Bloomberg) — The $9 trillion of Chinese local government bonds that helped drag the rest of the world out of the 2008 financial crisis are a growing risk this time around. Most Read from Bloomb...
News
Australia and New Zealand will stage the first 32-team Women’s World Cup.
TOPSHOT – FIFA president Gianni Infantino (R) accepts a Warrior Challenge at an official Maori … [+] welcome a day before the football draw ceremony for the Australia and New Zealand 2023 ...
Celo Wants To Transition To Ethereum Layer 2 In New Upgrade Proposal
Key Points: The Celo community is considering moving to an Ethereum Layer 2 solution, according to a new upgrade proposal by cLabs. The proposed upgrade aims to combine Ethereum’s Layer 2 ecosystem wi...
Lido DAO Token is Trading -11.26% Below Our Price Prediction for Jul 21, 2023
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation,...
Ripple CEO Rejoices Landmark Court Ruling, New Development For XRP
Key Points: Ripple CEO Brad Garlinghouse declares victory as federal court determines XRP is not a security. The court ruling differentiates between sales to institutional investors and the general pu...
Cathie Wood’s Ark Invest Sells Coinbase Shares Worth $53 Million At Yearly High
– Advertisement – Cathie Wood’s Ark Invest has sold nearly half a million Coinbase shares worth over $53 million. The sale was made by three of Ark’s leading funds including the Ark Innov...
Hong Kong Police Busts Cross-Border Money Laundering Group Involving Virtual Currency
Key Points: Hong Kong Police Bust Cross-Border Money Laundering Group: The Hong Kong police dismantle a cross-border money laundering syndicate involved in virtual currency, suspected of laundering ov...
Solana NFTs: Analyzing the way ahead
Ev.io, GGSG, and SolPunks were the top three NFT collections on the blockchain over the last 30 days. Most market indicators continued to remain bullish on SOL. Since the beginning of the year, Sola...
Curve Launches crvUSD/GHO Liquidity Pool, Boosting Aave’s Decentralized Stablecoin
Key Points: Curve Launches crvUSD/GHO Liquidity Pool: Curve introduces a new liquidity pool, enabling users to trade and provide liquidity for the decentralized stablecoin GHO, amplifying accessibilit...
Risky assets like stocks are on fire as investors pile into the market amid tumbling inflation, Bank of America says
Reuters / Scott Olson Stocks and other risk assets are “on fire,” Bank of America strategists said on Friday. Investors poured $12 billion into stocks in the last week as the disinflation ...
UPS to train nonunion employees as talks stall with union for 340,000 workers and deadline nears
A little more than a week after contract talks between UPS and the union representing 340,000 of its workers broke down, UPS said it will begin training nonunion employees in the U.S. to step in shoul...
US Debt Soars $210,000,000,000 in Two Weeks As Lawmakers Sound Alarm on Nation’s ‘Unsustainable’ Trajectory
The total amount of debt on America’s balance sheet is skyrocketing. New numbers from the government’s FiscalData platform show that on July 13th, the country’s total public debt hit $32.542 trillion....
Today’s Wordle #757 Hints, Clues And Answer For Sunday, July 16th
How to solve today’s Wordle. SOPA Images/LightRocket via Getty Images Lazy Sunday at long last! I can’t decide if I want to get stuff done around the house (and yard) or if it’s time to really e...
Time Continues Running Out On The New York Mets
NEW YORK, NEW YORK – JULY 14: Justin Verlander #35 of the New York Mets in action against the Los … [+] Angeles Dodgers at Citi Field on July 14, 2023 in New York City. The Dodgers defeate...
Uniswap: Another resistance level claimed – how high can rally go?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Uniswap jumped by 14% to flip the $5.72 price lev...
SEC could be waiting ‘years’ to file appeal in Ripple case: Brad Garlinghouse
Ripple CEO Brad Garlinghouse believes the United States Securities and Exchange Commission (SEC) will face a prolonged process before having the chance to appeal Judge’s Torres favorable ruling in the...
Will GE Stock Price Bag More?
General Electric has been increasing its earnings by 51% every year on average, according to Simplywall, a financial website that provides analysis and insights on stocks. This is higher than the aver...
Stellar is Predicted to Reach $0.170778 By Jul 21, 2023
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation,...
Ripple ruling is likely to be appealed and overturned, ex-SEC official says
The Ripple case ruling is “ripe for appeal” and likely to be overturned, John Reed Stark, former chief of internet enforcement at the SEC, noted in a LinkedIn post on July 14. The court decision, whic...
Stablecoin TrueUSD To Be Fully Controlled By Asian Owner
Featured Image From Kraken, Chart From Tradingview. In today’s news, the prominent stablecoin TrueUSD – with the ticker TUSD – is now undergoing a management change. According to a thread this mornin...
Wharton professor Jeremy Siegel says the Goldilocks inflation figures for June put stocks in the ideal environment
Scott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images Inflation came in just right in June, and it means stocks are in the “ideal environment,” Jeremy Siegel said. The markets guru...
China economic data likely to show recovery is fading quickly
BEIJING (Reuters) – A flurry of economic data from China on Monday is expected to show its post-pandemic bounce is quickly fizzling out, raising expectations that Beijing needs to unveil more st...
IPO Stock Of The Week Roundup: Allegro, ONON, Sun Country Break Out In Stock Market Today
Previous IPO Stock Of The Week Allegro MicroSystems (ALGM) surged past a new buy point this week, while IBD Leaderboard stock On Holding (ONON) is trying to break out past its own entry. ALGM and ONON...
Ericsson and Nokia Warnings Trigger Broad Selling in Telco and Networking Stocks
Text size Cisco Systems stock was off 2% Friday. David Paul Morris/Bloomberg Almost every company in the telecommunications industry supply chain was tumbling Friday after Nokia and Ericsson issued st...
BNB completes 6 years; a look back and what to expect
In a recent tweet, BNB Chain mentioned potential projects that could contribute to its growth in the coming days. Though BNB’s weekly chart was green, several market indicators were bearish. Binance [...
Bringing Synthetic Assets to the Crypto Community
Synthetix is a protocol running on the Ethereum blockchain that allows users to mint and trade synthetic assets on Ethereum and Optimism blockchain. Synthetic assets derive value from an underlying as...
Top Altcoin Picks For Next Week: Ripple (XRP), Litecoin (LTC) And Polygon (MATIC) Prices Set To Capture Attention
Only a few weeks ago, Bitcoin’s market dominance had finally surpassed 50% after a two-year lull, thanks to a wave of applications for spot Bitcoin exchange-traded funds from leading financial institu...
JPMorgan and Other Banks Are Reporting Earnings. What They’re Signaling.
Text size Wells Fargo saw its profit climb 57%. Spencer Platt/Getty Images There may be worries over the path of the economy but it has yet to show up in bank earnings. Profits surged at JPMorgan Chas...
Aave DAO Proposes to Launch Stablecoin GHO on Ethereum Mainnet
In recent news, the Aave protocol’s decentralized autonomous organization (DAO) has put forth an Aave Improvement Proposal (AIP). The governance proposal seeks Aave DAO to vote for the launch of its n...
US home prices still face a ‘steep and sustained’ decline this year, economist warns
The U.S. housing market has defied expectations for a crash so far this year, but a steep decline in home prices could be right around the corner, according to a new analyst note from Pantheon Macroec...
Jamie Dimon says employees can go work somewhere else if they don’t like long commutes into the office
JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington.Jeenah Moon/Reuters Jamie Dimon thinks remote work doesnR...
AN Unforgettable Cryptocurrency Transformation
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and tech...