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Bitcoin’s (BTC) recent price rally from $16,500 to $25,000 can be attributed to a short squeeze in the futures market and recent macroeconomic improvements. However, while prices increased, data suggests that many interested buyers (including whales) were left on the sidelines.  The recent rally to $25,000 shared many similarities with the 2019 bear market rally,
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The U.S. Treasury resumed operations of its Office of Recovery Programs Contact Center on Feb. 21, providing local governments with an important link to the federal agency as they seek to complY with the conditions governing the federal money. The help desk fielded about 300 calls and about 2,000 emails a week before shuttering last October
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Greenberg Traurig gained five public finance lawyers who joined the law firm’s Houston office this month from Orrick.  Adrian Patterson, who served as Houston office leader at Orrick, joined Greenberg as a shareholder, along with Robert Collie and James Hernandez as of counsels, and Noe Hinojosa III and Donna McIntosh as associates, the law firm
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Ukraine’s western allies have warned of “severe costs” for countries helping Russia evade sanctions as concern mounts about China’s role in Moscow’s war economy and the conflict enters its second year. Washington announced fresh sanctions on Friday against more than 200 entities “across Europe, Asia and the Middle East that are supporting Russia’s war effort”
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Fintech (financial-technology) is helping reshape the financial industry in a myriad of ways. It has made the world of banking far more accessible. For instance, you can now open a bank account online without the need to visit a bank. It has also simplified the process of making payments. You can turn your smartphone into
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RobinhoodHOOD reported a 95% month-on-month increase in cryptocurrency trading volumes in January, with total volumes amounting to a whopping $3.7 billion. What Happened:Notional Trading Volumes were the primary driver of transaction revenues in January and were significantly higher than in December. Equities reached $46 billion, an increase of 19%, while option contracts climbed 10%, reaching
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Today’s video is all about how to choose your first investment. It might feel like a daunting task, but it doesn’t need to be. We’ll cover ‘Paralysis Analysis’ and how it can be avoided, talk about goal setting and delve into risk, amongst other things. 0:00 – Intro 0:46 – Narrow down the choice 3:47
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U.S. Congressman Tom Emmer has introduced the Central Bank Digital Currency (CBDC) Anti-Surveillance State Act “to halt efforts of unelected bureaucrats” from “stripping Americans of their right to financial privacy.” The bill also prohibits the Federal Reserve “from issuing a CBDC directly to anyone.” CBDC Anti-Surveillance State Act Introduced U.S. Congressman Tom Emmer (R-MN) announced
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Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong moves bullish On Feb. 20, the Securities and Futures Commission (SFC) of Hong Kong launched a consultation on its proposed regulatory requirements for digital asset trading platforms. The SFC requires the licensing by June of all cryptocurrency exchanges operating
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S&P Global Ratings upgraded Illinois by one notch Thursday for ongoing progress in chipping away at its debts and rebuilding its rainy day fund. The action — lifting $26.5 billion of general obligation bonds to A-minus from BBB-plus — puts the state back into the single-A category for the first time in seven years and
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