
Alecta Offloads First Republic Bank Stake amid US Banking ‘Uncertainty’
Sweden’s largest pension fund Alecta dumped its First Republic Bank stake at a $728 million loss amid broader US banking losses.
Sweden’s largest pension fund Alecta dumped its First Republic Bank stake at a $728 million loss amid broader US banking losses.
Following the announcement, a section of the crypto community on Twitter has heaped praises on the IRS and Treasury Department for taking such a detailed approach instead of regulating through enforcement.
The technical chart for Bitcoin shows a bullish signal hinting that the BTC price can extend further rally all the way to $35,000.
According to NAR Chief Economist Lawrence Yun, home prices will not collapse, but this is not the bottom yet, meaning there might be a further decrease. The number of units sold could be even higher, but there is still a very low supply.
An interest from BlackRock and Fidelity in BTC and ETH could trigger more assurance among traders.
The benefits offered in the NFT patent filed by Sony include the opportunity to have an interoperable Web3 gameplay experience, which means that players will be able to transfer NFTs between different devices.
Earlier last year, the Avalanche Foundation and Op3n announced a $100 million initiative for Web 3.0 developers to build projects on the Avalanche network.
Following the announcement, among other fundamental factors, Ripple-backed XRP spiked over 20 percent in the last 24 hours to trade around $0.46.
This case will be significant for Coinbase and other industry players over how the courts should handle scuffles in the case of arbitration.
GameStop is committing to amassing more gains following the latest quarterly profit.
Magic Eden is not the first to ride the Ordinals NFT wave. ORDX and Generative, launched in February, are two of the first Ordinals NFT marketplaces.
According to Nike, inventories climbed 16% in the fiscal Q3 2023 compared to the same period in 2022.
When it finally goes live, Metatime will be competing with the likes of established crypto exchanges serving the Turkish community including Coinbase-linked BtcTurk, Bitay, and Paribu amongst others.
UAE’s largest free-trade zone DMCC recently struck a partnership with Enya Labs to enhance its DMCC Crypto Center further.
The FDIC and Fed are looking for ways the US government can guarantee all bank deposits amounting to $17 trillion should the financial turmoil worsen.