After reporting a substantial rebound in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Tuesday showing housing starts pulled back by much more than expected in the month of March. The Commerce Department said housing starts plummeted by 14.7 percent to an annual rate of 1.321...
BlackRock’s Bitcoin ETF stands out as the sole spot Bitcoin fund in the United States to experience inflows on Monday, while other ETFs reported either zero inflows or even outflows. According to data from Farside Investors, the iShares Bitcoin Trust (IBIT) recorded net inflows of $73.4 million on April 15, although this figure decreased from the...
Planet Fitness, Inc. (PLNT) announced Tuesday that it has appointed Colleen Keating as the Company\'s Chief Executive Officer, effective June 10, 2024. At that time, Craig Benson will resign as Interim CEO but will continue to serve as a member of the Company\'s Board of Directors. The company said Keating\'s appointment is the culmination of...
The central bank of the Pacific island country of Fiji has released a note to the public cautioning that cryptocurrencies and virtual assets such as Bitcoin, Ethereum, and Tether are not recognised as legal tender in the country. In an announcement, the Reserve Bank of Fiji said it is illegal for any individuals to purchase...
United States Senators Elizabeth Warren (D-MA) and Charles E. Grassley (R-IA) have demanded that Commodity Futures Trading Commission (CFTC) Chair Rostin Benham disclose details of his interactions with disgraced FTX founder Sam Bankman-Fried prior to the exchange’s collapse, according to an April 12 letter addressed to Benham. U.S. Senators Request Chats Between Rostin Benham and...
The South Korea stock market has moved lower in three straight sessions, slumping almost 100 points or 3.6 percent along the way. The KOSPI now sits just beneath the 2,610-point plateau and it may see mild upside on Wednesday. The global forecast for the Asian markets suggests little movement, with bargain hunting pitted against interest...
In this latest Bitcoin price prediction, the cryptocurrency is trading at $62,900, a slight decrease of around 0.65%. Recent developments, including the conditional approval of Bitcoin and Ether ETFs in Hong Kong and escalating Middle East tensions, influence market dynamics. These factors, coupled with the upcoming halving event, are pivotal in shaping Bitcoin’s short-term financial...
Grant Martin, the former Chief Compliance and Ethics Officer at the Federal Reserve Bank of New York, is joining the board of Binance.US, the crypto exchange announced in a Tuesday blog post. Former NY Fed Official Grant Martin Hired By Binance.US According to the company’s announcement, Martin worked at the Fed for over 30 years,...
The Malaysia stock market has finished lower in four straight sessions, sinking more than 25 points or 1.7 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau and it\'s likely to remain in that neighborhood again on Wednesday. The global forecast for the Asian markets suggests little movement,...
On April 12, Robert Kiyosaki, the renowned author of “Rich Dad, Poor Dad,” expressed his lack of interest in investing in spot Bitcoin exchange-traded funds (ETFs) and any other “Wall Street financial products.” The New York Times best-selling author, who has been a stoic supporter of Bitcoin over the years, noted that he favors direct...