Standard Chartered Launches Bitcoin Trading in the United Arab Emirates
Global banking institution Standard Chartered reported on Thursday the launch of spot bitcoin trading for corporate customers located in the United Arab Emirates. The financial…
Live Updates: Major Cryptocurrencies Recover as Global Funds Cut Dollar Hedges to Multi-Year Lows
While government employment statistics arriving tomorrow usually serve as the primary monthly economic indicator, next week’s inflation metrics will instead determine the direction of Federal…
The Yen Is Surging and It Is Helping Bitcoin, For Now
An intriguing development is currently unfolding within global financial markets. The Japanese yen is climbing across multiple fronts, yet both bitcoin (BTC) and gold are…
FX Markets Ignore Traditional Bond Yields, and Bitcoin Should Too
Anyone tracking the financial markets has likely encountered the conventional narrative by now. It maintains that rising sovereign bond yields across developed economies present an…
SoFi and Kraken Partner as Digital Banking and Crypto Converge
Online bank SoFi and Kraken are linking their financial networks together through an arrangement that grants the cryptocurrency exchange entry into SoFi’s banking and dollar…
CFTC Seeks Dismissal of CME Lawsuit Regarding Crypto Perpetual Futures
On Wednesday, the Commodity Futures Trading Commission requested that a U.S. federal court dismiss a legal challenge brought by CME Group concerning the regulator’s endorsement…
Michigan Court Mandates Kalshi to Maintain Restrictions on Sports Prediction Markets
A court in Michigan has put a preliminary injunction into effect that mandates Kalshi to keep blocking local residents from participating in event contracts related…
Ireland Keeps Crypto Out of Upcoming Tax-Favored Investment Accounts
Upcoming Irish investment accounts are set to provide tax advantages for equities, bonds, and exchange-traded funds, but will leave out cryptocurrencies and derivatives due to…
Webull Launches Cryptocurrency Trading in Canada via Coinbase Partnership
Webull, an independent brokerage and investment application, is broadening its Canadian services to encompass digital currencies, thereby incorporating Canada into a global crypto network that…
Bitcoin Faces Unstable Monthly Close as US Bond Yields Approach 20-Year Peak
At the start of Wall Street trading on Monday, Bitcoin (BTC) hovered close to $78,000 while US bond yields once again approached 20-year highs. Key…