Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. Global stock markets are set to record their strongest year since 2019 following a blistering two-month rally as investors bet that major central banks have finished raising interest rates and will cut them rapidly next year.
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Loading… Loading… A fully collateralized euro-backed stablecoin is expected to be launched within 18 months, pending the approval of an e-money license by Germany's Federal Financial Supervisory Authority (BaFin). What Happened: Deutsche Banks DB DWS Group, Dutch market maker Flow Traders Ltd., and crypto fund manager, Michael Novogratzs Galaxy Digital Holdings BRPHF plan to form
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Loading… Loading… Crypto exchange Coinbase Global Inc.COIN on Tuesdayannounced the launch of Project Diamond, a new smart contract-powered platform aimed at institutions,designed to facilitate the creation, purchaseand sale of digitally native assets. The first transaction on Project Diamond was the issuance, distributionand maturity of a digital debt instrument, which served as a technical demonstration for
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In a laughable attempt at escaping the end of the world, billionaire social media guru Mark Zuckerberg of Facebook (Meta) is building a large underground bunker beneath his lavish 1,500-acre Kauai, Hawaii, estate. According to reports, Zuckerberg has been incrementally expanding his tropical bugout property, which will soon contain a “5,000-square-foot underground shelter” with its
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Loading… Loading… A cryptocurrency trader expects a severe Bitcoin BTC/USD drop following a potential new all-time high, issuing an alert to his substantial online audience. What Happened: Operating under the pseudonym Credible Crypto, the trader shared his prediction with his 361,800 followers on X, reported The Daily Hodl. He noted that Bitcoin has faced three
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Loading… Loading… An Ethereum ETH/USD wallet, purportedly associated with former President Donald Trump, was reported to have shifted millions in cryptocurrency, which is suspected to be proceeds from sales of non-fungible tokens (NFTs). This was spotlighted in findings published by Arkham Intelligence on December 27. What Happened: Over the past three weeks, this specific Ethereum
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Loading… Loading… The COVID-19 pandemic brought an influx of new retail traders to the public stock markets. Post-pandemic, many of the retail traders are sticking around. Nasdaq NDAQ senior vice president and global head of data Brandon Tepper recognized this trend. "We've actually seen a huge rise in activity through the pandemic," Tepper told Benzinga
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Loading… Loading… A fully collateralized euro-backed stablecoin is expected to be launched within 18 months, pending the approval of an e-money license by Germany's Federal Financial Supervisory Authority (BaFin). What Happened: Deutsche Banks DB DWS Group, Dutch market maker Flow Traders Ltd., and crypto fund manager, Michael Novogratzs Galaxy Digital Holdings BRPHF plan to form
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Loading… Loading… Wall Street is showing cautious gains as the new week begins, despite thetech giants often referred to as the Magnificent 7 all trading in the red: Apple Inc. AAPL , Microsoft Corp. MSFT , Alphabet Inc. GOOG GOOGL , Amazon Inc. AMZN , Meta Platforms Inc. META , NVIDIA Corp. NVDA and Tesla,
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Loading… Loading… Crypto exchange Coinbase Global Inc.COIN on Tuesdayannounced the launch of Project Diamond, a new smart contract-powered platform aimed at institutions,designed to facilitate the creation, purchaseand sale of digitally native assets. The first transaction on Project Diamond was the issuance, distributionand maturity of a digital debt instrument, which served as a technical demonstration for
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The world of investing is a fascinating one that offers numerous possibilities for anyone looking to grow their wealth. However, investing is not a one-size-fits-all endeavor. Each individual has different needs, preferences and goals, which require customized strategies. It's like embarking on a journey; while some may prefer leisurely strolls along well-trodden paths, others may
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Hawaii Gov. Josh Green unveiled last week a proposed $19.2 billion supplemental budget and the results of an oversubscribed $750 million general obligation bond sale. In his proposed budget, Green shifted some capital improvement spending from the general fund to bond funding, pointing to ongoing costs from the Aug. 8 Maui wildfire. Revenue expectations also
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