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   Business News    Financial News   Financial News

  Posted by u/ 11 months ago

UBS joins HSBC in offering crypto futures ETFs to wealthy clients in Hong Kong

UBS joins the crypto trend in Hong Kong, following HSBC’s lead. HSBC currently offers Bitcoin and Ethereum ETFs in Hong Kong. Hong Kong regulators are considering retail access to crypto ETFs, highlighting growing interest from traditional financial players. Swiss multinational investment bank UBS Group is set to enable select high-net-worth clients in Hong Kong to […]

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  Posted by u/ 11 months ago

Forecasting the next crypto wave: insights on possible investment opportunities (NUGX, AVAX, MATIC)

Avalanche will lay off 12% of its employees despite the ongoing rally of its AVAX token. Polygon is also suffering from declining NFT sales. Yet, Polygon’s MATIC token has maintained its bullish performance. NuggetRush (NUGX) offers the opportunity to win gold and other financial rewards via its play-to-earn mining adventure. NFT sales have slumped in the […]

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  Posted by u/ 11 months ago

JPMorgan enhances JPM Coin with a programmable payments feature

JPMorgan introduces programmable payments for JPM Coin users. Clients can now automate payments based on preset conditions. The move aims to enhance flexibility and responsiveness in transactions. In a strategic move to adapt to the evolving landscape of 24×7 crypto payments infrastructure, JPMorgan has introduced a new feature for users of its blockchain-based settlement token, […]

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  Posted by u/ 11 months ago

Ether surpasses $2,100 as Shiba Memu?s presale approaches $4.5M

Key takeaways Ether has crossed the $2,100 level for the first time in months as the crypto market continues to rally. Shiba Memu’s presale is now closing in on the $4.5 million mark. The cryptocurrency market has been on a bullish run over the past few days, with the prices of most coins up by […]

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  Posted by u/ 11 months ago

Bitcoin trades above $37k: Will it reach the $40k psychological level soon?

Key takeaways Bitcoin is trading above $37k as the broader crypto market rallies higher.  Memeinator has now raised more than $1.2 million as its presale attracts more investors. Bitcoin eyes the $40k level Bitcoin, the world’s leading cryptocurrency by market cap, has been performing well over the last few weeks. It has added more than […]

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  Posted by u/ 11 months ago

Crypto exchange Poloniex hacked for over $100 million

Poloniex has been hacked, with over $100 million in crypto stolen. Tron founder Justin Sun confirmed the hack, noting a 5% white hat bounty for the hacker. Cryptocurrency exchange Poloniex has reportedly been hacked for over $100 million after its hot wallets were compromised. According to data by on-chain data platform Lookonchain, the hacker has […]

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  Posted by u/ 11 months ago

Whale transferred 4.4 trillion SHIB, bearish? InQubeta dominates the ICO space

A recent development that has caught the attention of the crypto community is the transfer of 4.4 trillion Shiba Inu (SHIB), valued at about $35 million.  This transfer was probably a sale, and it might be the start of a larger selling spree. As a result, investors and traders are bearish and have been positioning […]

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  Posted by u/ 11 months ago

Solana price hits 17-month high above $54: What next for SOL?

Solana price rose to $54 on Friday, its highest level since May 2022. SOL has outperformed top altcoins as positive catalysts aid bulls’ push, with price up 40% this past week and 138% over 30 days. How far can Solana price rise? Data suggests further upside is possible. Solana continued its outperformance on Friday with […]

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  Posted by u/ 11 months ago

?$10K JPGs? scare away gamers, Animoca?s crypto game streaming plans: Web3 Gamer

Animoca buys game streaming platform Azarus that rewards users with crypto, Project Xeno, and why $10K NFTs scare away real gamers.

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  Posted by u/ 11 months ago

Bitcoin ETF Excitement Drives Wall Street Giant CME Above Binance in BTC Futures Rankings

CME's rise to the top rank highlights the growing institutional demand for bitcoin, as the venue is almost exclusively used by large traditional financial institutions, one analyst noted.

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  Posted by u/ 11 months ago

UBS Group?s Wealthy Clients Can Now Trade Some Crypto ETFs in Hong Kong: Bloomberg

The news comes a day after HSBC, one of the world's largest banks, said it plans to start a digital-assets custody service for institutional clients.

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  Posted by u/ 11 months ago

Ethereum Fees Briefly Jumped to $100 After BlackRock?s ETH ETF Filing

Fees spiked to as high as 270 gwei late on Thursday, the data shows, temporarily touching a level last seen in June 2022.

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  Posted by u/ 11 months ago

Michael Saylor?s Massive Bitcoin Bet Crosses $1B in Unrealized Profit

Saylor?s business software company, MicroStrategy, held more than 158,000 bitcoins as of Friday.

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  Posted by u/ 11 months ago

Bitcoin Could Hit $69K by Mid-2024 as It Enters Acceleration Phase, Analyst Says

BTC prices have doubled this year amid a spot ETF push by prominent traditional finance firms.

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  Posted by u/ 11 months ago

JPMorgan Adds Programmable Payments to JPM Coin

Previously clients would need to set standing orders for payments to take place at a particular time; now they can program them to kick in when the relevant criteria are met.

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  Posted by u/ 11 months ago

Poloniex Hot Wallets Hacked With $114M Seemingly Stolen: On-Chain Data

Cryptocurrency exchange Poloniex has had its hot wallets drained by hackers with an estimated loss of around $60 million.

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  Posted by u/ 11 months ago

Celsius Bankruptcy Reorganization Plan Approved by Court; Implementation by Early 2024

Crypto lender Celsius secured approval for its reorganization plan from a bankruptcy court on Thursday, marking an end to an ordeal that began when it filed for bankruptcy in July last year.

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  Posted by u/ 11 months ago

First Mover Americas: Ether Surges on BlackRock?s ETF Plans

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 10, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 11 months ago

International Deal to Combat Crypto Tax Evasion to Start 2027 as 48 Countries Sign Up

Several countries with a sizeable interest in crypto, such as Turkey, India, China, Russia and all African nations, are not signatories to the statement.

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  Posted by u/ 11 months ago

Crypto Lender Hodlnaut to Be Liquidated, Court Filing Shows

Defunct cryptocurrency exchange Hodlnaut will be wound up, according to a note from the company?s former interim judicial managers, Aaron Lee and Angela Ee.

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  Posted by u/ 11 months ago

Bitcoin Fund Holdings Hit All-Time High as Spot ETF Excitement Entices Crypto Investors

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  Posted by u/ 11 months ago

Meet Midas: A New Yield-Bearing Stablecoin Investing in U.S. Treasuries

The proposed stablecoin, which tokenizes ownership of Treasuries, mentions BlackRock, Circle, Fireblocks and Coinfirm as "institutional partners."

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  Posted by u/ 11 months ago

Liquidity Trends Suggest 'Uptober' Could Be the Start of a New Crypto Bull Run

Stronger interest from institutional investors and a market with relatively few sellers could mean we?ve entered a new phase of the market, say FalconX?s Vivek Chauhan and David Lawant.

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  Posted by u/ 11 months ago

Solana's SOL Rallies 20% in a Day, Erasing Woes of Past 18 Months

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  Posted by u/ 11 months ago

CME, Where Institutions Trade Bitcoin Futures, Flipped Binance. Is That as Bullish as It Sounds?

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  Posted by u/ 11 months ago

Getting Ready for Bitcoin's Catalysts

How exchange-traded funds and futures contracts can reach TradFi and turbocharge the growth of crypto markets.

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  Posted by u/ 11 months ago

Can Everyday Traders Trust DeFi's Automated Market Makers?

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  Posted by u/ 11 months ago

Raft Suffers $3.3M Exploit That Drove Down Stablecoin 50%, but Hacker Likely Lost Money on Attack

Raft's R stablecoin lost its dollar peg, dropping as much as 50% in the immediate aftermath of the exploit.

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  Posted by u/ 11 months ago

We've Seen the FTX Collapse Before

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  Posted by u/ 11 months ago

Introducing CryptoSlots: Your New Million-Dollar Crypto Casino

CryptoSlots has undeniably captured the hearts of slots fans all around the world. Now, exclusively for Coincu readers, the crypto casino is rolling out a special Welcome bonus.

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  Posted by u/ 11 months ago

BRC-20 SATS Emerges as Dominant Player in NFT Market, Surpassing CryptoPunks and BAYC

In the recent week, the BRC-20 SATS token has emerged as a dominant player in the NFT market with a staggering transaction volume of over $32 million.

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  Posted by u/ 11 months ago

New Crypto-Asset Reporting Framework Emphasizes Consistent and Timely Implementation

A coalition of 47 countries, including the United States, the United Kingdom, Germany, Japan, and France, has come together to implement the Crypto-Asset Reporting Framework in order to strengthen global tax transparency in response to the growing crypto-asset market.

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  Posted by u/ 11 months ago

Binance CEO CZ Reveals Rescue Amidst Cyber Abduction Aims To Steal $12.5M

Binance CEO CZ reported that executives from an undisclosed client fell prey to a cunning abduction scheme while on a purported business trip to Montenegro.

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  Posted by u/ 11 months ago

FTX Sues Bybit In Lawsuit Aiming To Recover $953 Million

FTX sues Bybit and initiates a $953 million legal action, alleging fund withdrawals before FTX's Chapter 11 filing.

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  Posted by u/ 11 months ago

Poloniex Hack May Be Related To Lazarus Group

Security experts link the Poloniex hack to the North Korean Lazarus Group, known for previous attacks.

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  Posted by u/ 11 months ago

Raft Hack Led To $6.7M In Uncollateralized Stablecoin R Being Minted

Blockchain data uncovered that the attacker stole 1,577 ETH from the Raft hack, transferring 1,570 ETH to a burn address and leaving a mere 7 ETH.

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  Posted by u/ 11 months ago

Traders Bet on Big Tech Stocks to Ride Out End of Rate-Hike Cycle

Traders Bet on Big Tech Stocks to Ride Out End of Rate-Hike Cycle

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  Posted by u/ 11 months ago

S&P 500 Rally Powers Ahead to Embolden Bulls: Markets WrapStocks

S&P 500 Rally Powers Ahead to Embolden Bulls: Markets WrapStocks

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  Posted by u/ 11 months ago

Video portrays criticism of Trump as remarks on Biden | Fact check

New York Attorney General Letitia James offered blunt criticism of 'the president,' but a social media video misrepresents which one she spoke about.

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  Posted by u/ 11 months ago

Politicians' personal lives matter to voters. Should they?

Jacob Neiheisel, associate professor of political science at the University of Buffalo, digs into why likability is crucial to a successful campaign.

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  Posted by u/ 11 months ago

India Derivatives Boom Helps Bourse?s Stock Trounce Global Peers

India Derivatives Boom Helps Bourse?s Stock Trounce Global Peers

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  Posted by u/ 11 months ago

S&P 500 Hits Key 4,400 Mark in Tech-Led Rebound: Markets Wrap

S&P 500 Hits Key 4,400 Mark in Tech-Led Rebound: Markets Wrap

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  Posted by u/ 11 months ago

How much of America's tax dollars are going toward banning books?

Once a school receives a challenge to a book, districts have to front the cash to pay staffers to review and remove the material. And there are additional costs to store the books.

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  Posted by u/ 11 months ago

'Scum?' 'Losers?' Donald Trump, Republicans are in party turmoil before 2024

Donald Trump and the Republicans began the week with good poll numbers, but they suffered big election losses and an angry GOP debate.

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  Posted by u/ 11 months ago

Conservative culture warriors face voter backlash over school battles

Voters reject school board candidates backed by Moms for Liberty, other conservative groups

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  Posted by u/ 11 months ago

Man accused of attacking Nancy Pelosi's husband was caught in conspiracies, defense says

Paul Pelosi's attack in the early hours of Oct. 28, 2022, sent shockwaves through the political world just days before last year?s midterm elections.

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  Posted by u/ 11 months ago

NBC reported Obama advises Biden on artificial intelligence | Fact check

The NBC News report makes no mention of Obama being a "shadow president." Experts said there are no laws against former presidents being advisors.

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  Posted by u/ 11 months ago

Former Speaker McCarthy blasts nemesis Matt Gaetz: says GOP would benefit if he was gone

Kevin McCarthy said the actions of eight GOP members who supported his removal were "out of nature" and should come with consequences.

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  Posted by u/ 11 months ago

Trump's 2024 campaign pledge: I might prosecute political opponents

Trump's threats worry leaders who have clashed with the former president.

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  Posted by u/ 11 months ago

Taiwan Authorities Arrest Two Suspects in JPEX Scandal Amid Ongoing Investigation

The Taipei District Prosecutors Office has detained two individuals linked to JPEX, the cryptocurrency exchange, as part of an ongoing investigation into suspected fraud.

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