March 28, 2024
India’s Equity Market Share Hits Record High in 2024
India’s Equity Market Share Hits Record High in 2024 Quick Look: India’s global equity market share reaches a record quarterly high in 2024. Hyundai Motor’s unit gears up for a landmark $3 billion IPO. A paucity of deals in Asia, coupled with high global interest rates and geopolitical tensions. In the labyrinth of global financial […]
March 28, 2024
Revamping Ethereum: Buterin’s Decentralization Strategy
Revamping Ethereum: Buterin’s Decentralization Strategy Quick Look: Vitalik Buterin introduces anti-correlation incentives to enhance Ethereum’s decentralisation. Ethena Labs strategically distributed 750 million ENA tokens in an airdrop to shard holders. Significant investment and rapid growth underscore the potential of Ethena’s innovative approach. In a compelling turn of events, Ethereum co-founder Vitalik Buterin has proposed an […]
March 28, 2024
The Euro index down to 1047.5, Yen index rises to 744.3
The Euro index down to 1047.5, Yen index rises to 744.3 The Euro index is in decline after Tuesday’s jump to the 1051.6 level. During the Asian trading session, the yen index gained support at the 742.0 level. Euro index chart analysis The Euro index is in decline after Tuesday’s jump to the 1051.6 level. […]
March 28, 2024
EURGBP and EURCHF: The Euro is retreating on both fronts
EURGBP and EURCHF: The Euro is retreating on both fronts EURGBP has been in a bearish trend since the start of this week. EURCHF rose to 0.98202 level yesterday. EURGBP chart analysis EURGBP has been in a bearish trend since the start of this week. We have been seeing a stronger bearish trend since Tuesday […]
March 28, 2024
USDCAD and USDCNH: USDCAD stops below the 1.36200 level
USDCAD and USDCNH: USDCAD stops below the 1.36200 level During the Asian trading session, USDCAD recovered from 1.35675 to 1.36100 levels. USDCNH has been in a steady bullish consolidation since Monday. USDCAD chart analysis During the Asian trading session, USDCAD recovered from 1.35675 to 1.36100 levels. The pair regained its grip on the weekly open […]
March 28, 2024
POKT’s Wild Ride: 988.1% Surge and Market Moves
POKT’s Wild Ride: 988.1% Surge and Market Moves Quick Look POKT experiences a 32.21% drop but boasts a week of 45.22% recovery, reflecting crypto volatility. It surged 988.1% from its all-time low, showcasing resilience amidst market fluctuations. Upcoming Bitcoin and Ether options expiry may introduce bullish volatility, potentially benefiting POKT. Parallel rallies in Dogecoin and […]
March 28, 2024
Largest U.S. sportsbooks join forces to tackle problem gambling
Seven of the nation’s largest gaming companies are joining forces to create a trade group to promote responsible gaming, and for the first time ever, will share information about problem gamblers. The seven operators — FanDuel, DraftKings, BetMGM, Penn Entertainment, Fanatics Betting & Gaming, Hard Rock Digital and bet365 — will form the Responsible Online Gaming Association, or ROGA, the […]
March 28, 2024
Sam Bankman-Fried to learn fate today for orchestrating historic FTX crypto fraud scheme
Sam Bankman-Fried will learn his sentence Thursday, four months after he was found guilty of orchestrating the multibillion-dollar fraud that prompted the collapse of the FTX cryptocurrency exchange. A federal jury in New York City convicted Bankman-Fried, 32, in November on each of the two counts of fraud and five counts of conspiracy he faced. […]
March 28, 2024
Visa and MasterCard settle long-running antitrust suit over swipe fees with merchants
Visa and MasterCard announced a settlement with U.S. merchants related to swipe fees, a development that could save consumers tens of billions of dollars. Swipe fees are paid to Visa, Mastercard and other credit card companies in exchange for enabling transactions. Merchants ultimately pass on those fees to consumers who use credit or debit cards. […]
March 28, 2024
Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet
Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the artificial intelligence race. The tech giant said it will spend another $2.75 billion backing Anthropic, a San Francisco-based startup that’s widely viewed as a front-runner in generative artificial intelligence. Its foundation model and chatbot Claude competes with OpenAI and ChatGPT. The […]
March 28, 2024
Prosecutors slam Hunter Biden attorneys in federal court: ‘You attack the facts’
Prosecutors went after Hunter Biden’s attorneys during an hours-long hearing Wednesday on several motions to dismiss criminal tax evasion charges against the president’s son. The first son did not appear in federal court in Los Angeles on Wednesday, but his attorney Abbe Lowell argued in favor of dismissing what he claimed were politically motivated charges. […]
March 28, 2024
Former Watergate prosecutor calls Trump gag order ‘so unusual’: ‘This never happens’
Nick Akerman, a former Watergate prosecutor, said that in his 50-some years in law, he has never seen a gag order like the one imposed on former President Trump in his hush money payments case this week. New York Judge Juan Merchan issued the gag order on Tuesday following a request from Manhattan District Attorney Alvin […]