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The US Bank Bitcoin custody service is going to be available to investment asset managers operating from either the United States or the Cayman Islands.
PepsiCo reported revenue of $20.19 billion during the three months ending on September 4, against $19.39 billion expected by analysts.
Bitcoin is now the best-performing asset this year as the asset’s price breaks the $50,000 psychological resistance point.
Rising bond yields continue to pressure on tech stocks with Nasdaq Composite correcting another 2%. On the other hand, energy stocks gained momentum amid optimism of economic reopening.
The Facebook stock has risen approximately 23.27%, and 19.43% in the past year and YTD respectively.
To make its bond interest payments, Chinese realtor Evergrande Group raised $5.1 billion by selling a 51% stake to Hopson Development. Asian markets remained under pressure as a result of this matter on Monday trading.
Bloomberg’s senior ETF strategist notes that there are high chances of Bitcoin ETF approval in the US this month. It looks like this could be a major trigger to the next bull run.
Leshner revealed that the bug that happened as a result of the upgrade exposes another 2020,472.5 COMP tokens. Some developers referred to the event as the biggest ever fund loss in a smart contract incident.
Elon Musk is currently looking to reform his electric car empire with plans to move the headquarters from Palo Alto, California, to Austin, Texas.
Inflation fears stemming from the broader global markets are weighing heavy on European stock markets. Other world’s markets are also falling.
Both Dow Jones and S&P 500 had it extremely rough as September drew to a close, showing evidence that US stocks performed poorly.
Wall Street remains jittery as bond yield continues to drag the tech stocks to the south. On the other hand, the fears of a potential US debt default weigh around.
US-based crypto solutions provider, Ripple, has launched a $250m fund for NFT creators.
Elon Musk doubled down on the potentials of digital assets in helping to correct the “error and latency” in the traditional financial systems as we have it today, he believes cryptocurrencies alone do not guarantee a road to paradise.
Stock markets across the Asia Pacific entered heavy correction following strong market correction on Wall Street due to rise in bond yields.