OKX, one of the leading digital currency trading platforms in the world has announced the establishment of OKX Bahamas, a regional hub that will be tasked with serving customers in the country, the Ba...
Tag: news
South Korean Prosecutors Accuse Do Kwon of Manipulating LUNA’s Market Price – Bitcoin News
On Thursday, Nov. 3, 2022, local reports from South Korea disclosed that Korean prosecutors have allegedly discovered evidence that shows Do Kwon and an associate manipulated the price of LUNA, Terra’...
ApeCoin DAO Signs Off on a $4.4M Bug Bounty
ApeCoin DAO, the Decentralized Autonomous Organization that is in charge of overseeing the development of APE, the native token of the Bored Ape Yacht Club (BAYC) ecosystem, has approved the allocatio...
Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High Risk’ – Bitcoin News
On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the Briti...
4 of our stocks are in the news. Here’s the Club’s take on each development
Four of our Club holdings — Costco Wholesale (COST), Amazon (AMZN), Humana (HUM) and Bausch Health (BHC) — were in the news Thursday. Here’s how we feel about the developments. Costco The news: ...
Shepard Smith, One Of Television’s Most Talented News Anchors, Was Never A Good Fit For CNBC
Shepard Smith on the set of his Fox News Channel newscast back in 2017 (Photo by Steven … [+] Ferdman/Getty Images) Getty Images When Shepard Smith announced in 2019 that he was leaving the Fox ...
Fidelity Launches a New Commission-Free Crypto Trading Product
Fidelity Investments, one of the largest asset management firms in the world has launched a crypto trading service, giving its customers the ability to embrace Bitcoin (BTC) and Ethereum (ETH) directl...
Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7% – Economics Bitcoin News
On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 basis points (bps). The increase brings the United Kingdom’s m...
Bakkt Has Agreed to Acquire Apex Crypto for $200M
Publicly listed Bitcoin firm Bakkt has agreed to pay the sum of $200 million as it looks to acquire Apex Crypto LLC, a subsidiary of Apex FinTech Solutions Inc. By being a part of the Bakkt brand, Ape...
Biggest Movers: MATIC Hits Highest Point Since August, as FLOW Jumps 14% on Thursday – Market Updates Bitcoin News
Polygon rose to its highest level since August, as the token climbed by as much as 10% on Thursday. Today’s rise comes despite cryptocurrency markets mainly residing in the red, with the global market...
Litecoin price takes massive jump after adoption news: Know the details
After numerous months of flat spectrum trading below the $60 bar, Litecoin did an astonishing jump over this subjective level on November 2, touching one day high of $62.53. At the press time, Litecoi...
CNBC cancels ‘The News with Shepard Smith’ after two years
The News with Shep Smith Adam Jeffery | CNBC NBCUniversal’s CNBC has canceled “The News with Shepard Smith,” its primetime general news show, to refocus on business and market covera...
BTC, ETH Move Lower on Thursday, After Hawkish Fed Rate Hike – Market Updates Bitcoin News
Bitcoin fell towards the $20,000 mark on Thursday, after the U.S. Federal Reserve once again moved to increase interest rates. The Fed hiked rates by 75 basis points (bps), as it chose to maintain its...
US Senators Question SEC Why Its Staff Is Quitting at Highest Pace in 10 Years – Regulation Bitcoin News
Six U.S. senators have questioned the Securities and Exchange Commission (SEC) why its staff is quitting at a record pace. “Efforts to ram through hurried rulemaking without proper analysis, deliberat...
JPMorgan Pulls Off First Live Trade on Public Blockchain
JPMorgan Chase & Co has successfully conducted its first live trade on a public blockchain. Through the trade, the multinational bank was able to issue tokenised $71,000. It was part of the Singap...
ZoidPay to Revolutionize the Web3 Landscape With $75M Investment Commitment From GEM Digital – Press release Bitcoin News
press release A $75M financial commitment is set to establish ZoidPay as the go-to open architecture for building the next generation of Web 3.0 financial services. PRESS RELEASE. November 3, 2022, Bu...
Zimbabwe Proceeding With Digital Currency Plans, Central Bank Undeterred By Slow Adoption of Nigerian CBDC – Africa Bitcoin News
Undeterred by the reported slow adoption of the Nigerian central bank digital currency, the deputy governor of the Reserve Bank of Zimbabwe, Innocent Matshe recently said his institution will proceed ...
Bitcoin Holds Steady at $20,000 Level as The Fed Hikes Rates as Expected
The U.S. Federal Reserve on Wednesday raised its benchmark interest rate by 75 basis points to a range of 3.75% to 4%, a move that market participants, including cryptocurrency traders, highly expecte...
Crypto Hedge Fund Protocol Ventures to Shut Down Amid Market Fraught
Protocol Ventures LP, a major US crypto hedge fund, has announced plans to close down its business and return cash to investors following the plunge in the market for digital assets, according to peop...
Natural Gas Price Hike Hits Crypto Miners in Iran – Mining Bitcoin News
Companies using natural gas as a power source to mint digital currency in Iran will have to deal with a sharp increase in the price of the fuel. The new rates set by the state-run supplier are almost ...
AMD Is Tradable But Here’s When I’ll Really Jump on Board
On Tuesday evening, long-time Sarge name Advanced Micro Devices (AMD) released the firm’s third quarter financial results after having warned/pre-announced early in October. The numbers reported...
Instagram to Run Polygon-backed NFT Marketplace
Meta has announced that social media giant Instagram will be introducing a non-fungible tokens (NFTs) marketplace that will run with the support of Polygon. “Creators will soon be able to make t...
Crypto Exchanges Must Comply With Russia Sanctions, Singapore Central Bank Says – Exchanges Bitcoin News
The Monetary Authority of Singapore (MAS) has reiterated that cryptocurrency exchanges need to conform to restrictions on Russian users imposed over Moscow’s invasion of Ukraine. The reminder comes af...
BIS to Adopt DeFi Implementation in Forex CBDC Markets
In its exploration of blockchain technology, the Bank for International Settlements (BIS), along with the “Eurosystem” – central banks of France, Singapore, and Switzerland will be launchi...
South Africa Retailer Pick n Pay Now Accepts Payment in Bitcoin at 39 Outlets – Africa Bitcoin News
Pick n Pay, the South African retailer, has revealed that some of its grocery stores are now accepting bitcoin payments. To ensure payments are affordable, Pick n Pay reportedly uses the Bitcoin Light...
Bankrupt Crypto Exchange Zipmex ‘In Advanced Takeover Talks’ with V Ventures
Zipmex Pte, the embattled operator of the Asian cryptocurrency exchange, is in advanced talks with venture capital fund V Ventures over the sale of a majority stake in the business to a potential inve...
Moneygram Enables Customers to Buy and Sell Cryptocurrency via Its Money Transfer App – Exchanges Bitcoin News
Moneygram has launched a new crypto service to allow customers to buy, sell, and store cryptocurrencies using its mobile money transfer app. Initially, three cryptocurrencies are supported, including ...
Fed Chair Powell Says ‘Very Premature’ to Pause Interest Rate Hikes — Economist Warns It Will Crash Economy – Economics Bitcoin News
Federal Reserve Chairman Jerome Powell says that it is “very premature” to think about pausing rate hikes. “We have a ways to go,” he stressed. However, economist Peter Schiff warned that “Planned rat...