Last year’s epic crypto bull run helped crypto companies thrive, many beyond expectations. However, the current landscape is entrenched in a sluggish territory, a trend that has translated into figure...
Tag: Financial
New York Department of Financial Services urges crypto firms to use blockchain analytic services ⋆ ZyCrypto
Advertisement     New York’s Department of Financial Services (NYDFS) has issued guidelines on the use of Blockchain analytics to all licensed crypto startups within N...
100,000 Cubans Are Using Cryptocurrencies to Bypass Financial Sanctions – Bitcoin News
On May 2, 2022, a report stemming from the broadcast television and radio network the National Broadcasting Company (NBC), 100,000 Cubans are leveraging crypto assets. The report says increased crypto...
Here’s where financial advisors say I bonds may work in your portfolio
I bonds are currently paying 9.62% annual interest through this October, presenting an opportunity for investors with a range of goals, according to financial experts. These assets, backed by the fede...
Sudden wealth can come with serious emotional and financial challenges
D-keine | E+ | Getty Images Money, for all the opportunities it affords, can be a major source of stress and anxiety if you’re not used to having it. Coming into sudden wealth, whether via inher...
Paul Tudor Jones says he can’t think of a worse financial environment for stocks or bonds right now
Billionaire hedge fund manager Paul Tudor Jones said the environment for investors is worse than ever as the Federal Reserve is raising interest rates when financial conditions have already become inc...
The Bank of Uganda Blacklists Financial Firms for Facilitating Crypto Trading
The Bank of Uganda (BOU), the Central Bank of Uganda, has warned all licensed firms to desist from facilitating cryptocurrency transactions under the National Payments Systems Act, 2020. Last Friday, ...
The Fed Should Follow Volcker’s Playbook and Act Boldly This Week
It’s going to be an interesting week for the markets and the economy. It’s the first week in May, and often we see investors follow the saying, “Sell in May and go away.” That ...
Alphabet Chief Financial Officer Ruth Porat Bought Stock in Blackstone
Text size Blackstone headquarters in New York. Angus Mordant/Bloomberg Blackstone stock has slumped so far in 2022, and director Ruth Porat just bought shares of the private-equity firm on the open ma...
End of Easy Money Brings a $410 Billion Global Financial Shock
(Bloomberg) — The global shift away from easy money is poised to accelerate as a pandemic bond-buying blitz by central banks swings into reverse, threatening another shock to the world’s economi...
Bearish Bets: 3 Big-Name Stocks You Should Think About Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
‘We cannot do that.’ 3 things NOT to ask your financial adviser to do for you
Getty Images A financial adviser can do a lot of things — provide advice to help you manage your finances, execute trades on your behalf, create holistic financial plans based on your short- and long-...
General Motors Was a Bumpy Ride but Could Start to ‘Cruise’
General Motors (GM) reported a solid quarter on Wednesday, affirming guidance for cash flow and earnings of $6.50 to $7.50 per share. Analysts mostly viewed the quarter bullishly, with Bank of Americ...
Belgian financial regulator FSMA to regulate crypto exchange services
A new rule imposed by Belgium’s financial regulatory agency, the Financial Services and Markets Authority (FSMA), will now require crypto exchanges and custodial wallet services in the region to regis...
Bitcoin (BTC) Price Fumbles Following U.S. Financial Market Sell-off
Bitcoin News Investors are dubious that BTC can correct up to $30,000. Bitcoin is down 1.48% in the last 24 hours. Amid the recent drop in the value of U.S. equities, Bitcoin (BTC), the biggest crypto...
Wallex Looks To Become Key Stakeholder in Transforming the Financial Sector
If there is one name that everyone should familiarize themselves with quickly, it’s Wallex. Wallex is a one-and-only solution in an environment dominated by banking, custody, trust, and payment, where...
Qualcomm Is Now an Elite Semiconductor Company: Here’s My Plan
Qualcomm (QCOM) released the firm’s fiscal second quarter results on Wednesday evening, and unlike Meta Platforms (FB) , which got all the FinTV coverage overnight, actually did hit “it...
Refinitiv Introduces Quantitative Analytics via Snowflake’s Financial Services Data Cloud
Refinitiv, a business of the London Stock Exchange Group, yesterday confirmed that it has launched quantitative analytics via snowflake’s financial services data cloud. Asset management firms and hedg...
Twitter Posts Q1 2022 Financial Report Three Days after Musk Acquisition
Shortly after Elon Musk’s buyout, Twitter posted Q1 2022 earnings report revealing a 16% increase in revenue and 15.9% increase in mDAUs. Twitter Inc (NYSE: TWTR) recently released its Q1 earnings rep...
Blockchain and crypto can be a boon for tracking financial crimes
Governments around the globe have also become more aware of the crypto market and the various ways in which it can be regulated. Despite a growing adoption rate and involvement of mainstream financia...
On Freedom Day, Bitcoin gives South Africans a stake in their financial future
On Wednesday, South Africa celebrated Freedom Day, which honors the country’s first post-apartheid democratic election in 1994. Cointelegraph reached out to different notable individuals in the ...
Cathie Wood Leads the Market in Schadenfreude – And It’s Not Hard to See Why
The ARK Invest ETFs, which are operated by Cathie Wood, are leading the market in schadenfreude. Schadenfreude is the German word for taking pleasure in the misfortune of others. In this miserable mar...
The Bank Of International Settlements (BIS) Has Released The Summary About CBDCs As Well As Its Significance Towards Financial Inclusion For Such Financially Excluded
The central banks of the Bahamas, Canada, China, the Eastern Caribbean, Ghana, Malaysia, the Philippines, Ukraine, and Uruguay were discussed in the article. The World Bank was also a participant in t...
Blockchain And Crypto are Becoming Tools for Tracing Financial Theft
TL;DR Breakdown: The immutability of the blockchain renders concealing transactions difficult. Cryptocurrency is used as a tool by cybercriminals. 0.15 percent of crypto transactions in 2021 were invo...
US Banking Giant Goldman Sachs Looks Into the Tokenization of Financial Instruments And NFTs
Over the years, the interest in the digital asset space has increased. More and more firms continue to show interest in digital assets and the metaverse. Trademark filings related to NFTs and metavers...
Lars Holst’s GCEX Posts First Full-Year Financial with £1.42M in Profit
GCEX, a provider of forex and cryptocurrency liquidity, published its first full-year financials for 2021, ending on December 31. It reported a total turnover of £1.89 million along with an operating ...
Singapore Financial Regulator Says Crypto Rules Must Be Strict but Clear
Monetary Authority of Singapore Managing Director, Ravi Menon, defended Wednesday the need for strict crypto rules to assist in mitigating potential risks facing retail investors as well as the use of...
Worldline Nominates New Group Chief Financial Officer
Euronext-listed payments giant, Worldline today announced that it has nominated Gregory Lambertie as the new Group Chief Financial Officer. Lambertie will succeed Eric Heurtaux who has decided to leav...
Bank of Spain Report Warns About Cryptocurrency Usage and Its Effect on Financial Stability – News Bitcoin News
The Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects it might have on the financial stability of the nation. In the ...
ConsenSys Picks Phil Davis as Chief Financial Officer
ConsenSys, one of the leading Ethereum and Web3 software companies, recently expanded its team with the addition of Phil Davis, former Engagement Manager at McKinsey, as the company’s new Chief Financ...
Bank Of Canada Governor Maintains That Its Financial System Would Always Be Built Around The Canadian Dollar, Not Crypto ⋆ ZyCrypto
Advertisement     The Governor of the Bank of Canada (BoC) has reiterated the place of the Canadian dollar, aka loonie, in the country’s financial system. Tiff Macklem...