The Bitcoin (BTC) price is consolidating in the mid-$57,000s, down roughly 5% on the day, though up around 1.5% or $1,000 from earlier session lows as traders weigh the outlook for Fed rate cuts this year in wake of the latest policy announcement from the US central bank. As anticipated, the Fed left interest rates...
The top Argentinian financial regulator says it plans to “supervise” the Latin American nation’s crypto service providers. The National Securities Commission (CNV) said on March 18 that it would “proceed” to police the nation’s trading platforms. It will also create a national registry of crypto platforms, which will likely need to apply for operating licenses....
Boeing Co. has agreed with the Department of Justice to plead guilty to a criminal fraud charge in connection with two 737 Max crashes in Indonesia and Ethiopia that killed 346 people in total. With the agreement, the company will be able to avoid a criminal trial over the crashes, which so far have caused...
Klaus Vedfelt/ Getty Images; Illustration by Austin Courregé/Bankrate Even as inflation comes down and the Federal Reserve begins to cut interest rates, the economy still faces the risk of a recession. Building a portfolio that has at least some less risky assets can be useful in helping you ride out volatility in the market. The...
The euro showed mixed trading against its major rivals in the European session on Thursday, after the release of the euro area private sector growth data for August. Data from the flash survey compiled by S&P Global showed that the HCOB composite output index improved to a three-month high of 51.2 in August from 50.2...
Bitcoin price predictions are gaining significant attention as the cryptocurrency’s value approaches its all-time high. Recent surges have propelled Bitcoin to $71,000, fueled by strong inflows into Bitcoin spot ETFs and renewed interest from institutional investors like Morgan Stanley and JPMorgan. The overall positive market sentiment, bolstered by the potential approval of Ethereum ETFs, further...
The Thai stock market has ticked higher in back-to-back sessions, collecting almost 10 points or 0.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,380-point plateau and it may find additional support again on Thursday. The global forecast for the Asian markets is upbeat on continued optimism over the...
By Steve Holland WASHINGTON (Reuters) - Olivia Dalton, the White House principal deputy press secretary and a long-time aide to President Joe Biden, has told senior staff she plans to leave for a senior communications job at Apple (NASDAQ:AAPL.O), two sources told Reuters on Monday. Dalton is expected to leave the White House in mid-March,...
-- Shares of Apple Inc\'s (NASDAQ:AAPL) Asian suppliers fell on Wednesday, tracking an overnight slump in the tech giant after media reports showed Chinese sales of its flagship iPhone tumbled in the beginning of 2024. South Korea’s Samsung Electronics Co Ltd (KS:005930) and SK Hynix Inc (KS:000660), which supply memory chips to Apple, fell 1.2%...
El Salvador’s crypto-friendly President Nayib Bukele, 42, is set to govern for another five years taking near-total control of parliament. President Bukele took the oath of office at the National Palace in San Salvador this weekend. During the ceremony, he received the presidential blue and white sash from Ernesto Castro, the President of the Legislative...