Spot crypto trading guided by U.S. CFTC set to launch, creating a new regulated space
CFTC Guides New Cryptocurrency Trading Framework The U.S. Commodity Futures Trading Commission (CFTC) has introduced a new guideline that will, for the first time, allow regulated platforms to launch leveraged spot cryptocurrency products. This move is set to take effect next week at Bitnomial Exchange. Bitnomial, which operates under the supervision of the U.S. Derivatives […]
Key stock updates for Thursday: What could influence the market in the upcoming trading session
Market Overview and Key Reports Stocks have had quite an eventful week, with several reports and analyses making waves. Unemployment claims figures are set to be released live on Squawk Box at 8:30 a.m. ET tomorrow. The forecast is pegged at 220,000 claims. The Canadian banking sector is also in focus, with three major banks […]
Large banks testing stablecoin and cryptocurrency trading initiatives with Coinbase, according to Armstrong.
Coinbase Collaborates with Major U.S. Banks During his appearance at the New York Times Dealbook Summit, CEO Brian Armstrong announced that prominent U.S. banks are collaborating with Coinbase on initial projects related to stablecoins, cryptocurrency custody, and the trading of digital assets. While he refrained from naming any specific banks, Armstrong cautioned that those institutions […]
Knicks considered the possibility of trading for Chris Paul before his departure from the Clippers
The Knicks’ previously considered backup playmaker is unexpectedly available again. Previously, the team had expressed some reluctance about pursuing veteran point guard Chris Paul, as reported by the Post’s Stephen Bondi last week. This news gained new attention after Paul’s surprising departure from the Los Angeles Clippers on Wednesday. Paul has signed a one-year contract […]
Ethereum reserves drop 80% as trading reverses, Bitwise alerts.
Ethereum Bond Purchases Decline Significantly The amount of Ethereum government bonds being purchased has plummeted, dropping from 1.97 million Ether in August to just 370,000 Ether by November. This sharp decline has raised concerns in the market. Bitwise has commented on this trend, indicating that the Treasury model is being reversed, particularly affecting smaller players […]
Rep. Luna Submits Request to Mandate Vote on Prohibiting Congressional Stock Trading
Rep. Anna Paulina Luna Files Petition for Stock Trading Ban Rep. Anna Paulina Luna from Florida has announced that she has submitted a petition aimed at initiating a House vote to prohibit members of Congress from trading stocks. In a video on X, she mentioned after discussing the issue with a bipartisan group, including Rep. […]
Vanguard to Permit Trading of Bitcoin, Ethereum, and XRP ETFs in Significant Shift for Crypto
Simply put The company is set to begin trading funds that include Bitcoin, Ethereum, XRP, and Solana, bringing them in line with other non-core assets that already accommodate cryptocurrencies. This decision follows several months of internal assessment and comes despite a general downturn in the market, as demand persists. Previously, Vanguard overlooked the impressive rise […]
HGTV personality and ‘Trading Spaces’ designer Genevieve Gorder puts her completely renovated New York City duplex on the market for $4.3 million.
Genevieve Gorder Lists Her Longtime Manhattan Home HGTV personality Genevieve Gorder is putting her Manhattan duplex co-op up for sale, with a listing price of $4.3 million. The property is represented by agents Smitha Ramchandani and Christopher Stokes Moseley from Christie’s International Real Estate Group. This duplex, combining two units, has been featured in Gorder’s […]
Discover the Billion-Dollar Crypto Creator Who Began Trading at Age 9
Young Entrepreneur’s Journey in Crypto Trading Dennis Dariotis, the 22-year-old CEO and founder of GoQuant, a trading software firm focused on cryptocurrencies, recalls the intense pressure he felt during his college years to maximize his trading portfolio. He shared how, back in school, he would often ask his teachers for temporary breaks to check on […]
Feeling dizzy from market fluctuations? Consider these 6 questions before trading.
This market has definitely been challenging lately. One day, stocks rally on hopes that the Fed might lower interest rates in December, and the next day, worries about a potential AI bubble drag them down. It’s not surprising that the CBOE Volatility Index (VIX), often called the “fear index,” spiked in November, hitting the highest […]