US Banking Overhaul: Donald Trump Team Proposes FDIC Removal
President-elect Donald Trump’s transition team proposed to reduce, consolidate, and potentially eliminate key financial regulators such as FDIC.
President-elect Donald Trump’s transition team proposed to reduce, consolidate, and potentially eliminate key financial regulators such as FDIC.
Eric Trump has confirmed that Donald Trump’s administration will soon have a roadmap detailing out the implementation of digital asset regulation.
Banco Comafi and Argentine Stock Exchanges and Markets (BYMA) announced CEDEARs, allowing investors to invest in crypto via exchange-traded funds.
Despite this success, Truflation’s attempts to collaborate with US government agencies like the Bureau of Labor Statistics (BLS) have fallen short.
In the last three days, Bitcoin miners have moved a total of 45,000 BTC to exchanges, with significant transfers, with the sell off putting some selling pressure on BTC price.
The US Federal Reserve reduced its interest rate by 25 basis points on Thursday, in a decision did not exactly come as a surprise.
Following Donald Trump’s decisive election, crypto mining stocks like Marathon Digital, Riot Blockchain, and Hut 8 Corp experienced pre-market rallies.
Coinbase executives, including CEO Brian Armstrong, have approved trading plans to sell 5 million COIN shares, valued at roughly $900 million.
Coinbase dominance in the North American crypto market has significantly dropped as Crypto.com continues to gain more ground.
The notable success rate for MicroStrategy through its Bitcoin strategy has attracted more global companies seeking to follow the same route.
Truflation has introduced a fitness-inspired index that blends corporate performance and physical wellness, offering investors a fresh perspective on evaluating businesses.
Political developments have triggered substantial investments in the digital asset market, with Bitcoin benefiting the most, attracting $419 million in investments.
The latest purchase brings Ark’s total holdings in Coinbase to approximately $67 million, representing 7.43% of the fund’s value.
With over 10% gains in September 2024 so far, Bitcoin price has beaten the average 5.6% returns in September over the past decade. Global rate cuts to will benefit Bitcoin amid huge liquidity pump.
The market correlation between US stocks and crypto has grown in the past few weeks and is now topping 0.67.
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Stock market news offers you daily updates on the latest information about trading tendencies, market bulls, stakeholders, and analytics on recent cryptocurrency news. The market analysis includes cutting edge evaluation and live trends of market assets, market data, fiat currencies, and digital currencies being brilliant supportive tools for making suitable decisions.
Also known as the share market, stock market is where buyers and sellers of stocks and market commodities meet for exchange. The goal of every investor is to make the best profit and as such, the market serves as a meeting point for business stakeholders and investors to connect.
Traders and investors usually prefer to use popular and trusted exchange platforms since they feature the highest number of buyers and sellers of commodities. The high number of users on exchange platforms also means that one could get a wider range of deals from which one chooses the best.
Financial exchange is one of the most significant ways for organizations to raise funds, alongside debt markets which are commonly compelling yet don’t exchange openly. This permits establishments to be traded on an open market, and raise extra monetary capital for development by selling the firm’s shares in an open market.
The liquidity that the exchange platforms bear to traders allows their holders to rapidly and effectively sell securities. This is an alluring element of putting resources into stocks, contrasted with different less fluid ventures, for example, property and other static properties.
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