The former crypto billionaire could face life imprisonment if the government pursues wire or bank fraud charges.
A recent Reuters article claims that the ‘books’ of prominent exchange Binance are opaque and disingenuous. But is it really so?
The ripple effect of the bearish sentiment in the US stock market has also contributed to the encompassing slump in the digital currency ecosystem.
The changes in Twitter have gotten tongues wagging as to whether Elon Musk is well-suited for leading the social media company.
ECB President Christine Lagarde said that they would conduct significant rate hikes in the coming months and there’s no decision on pivoting anytime soon.
On Wednesday, the apex bank its increased its interest rate to between 4.25% and 4.5%, marking the highest level in 15 years.
The latest UK inflation report showed a fall from 11.1% to 10.7%, lower than the 10.9% analysts were expecting.
The CPI report published for November 2022 confirms the general perception that runaway inflation is finally easing out.
The Dow and other major indexes all saw a positive close to begin the week as the December Fed meeting beckons.
The incoming CPI report is less likely to affect the Federal reserve’s meeting, but it may indicate a longer-term trajectory for interest rates.
The DOJ investigation showed that CZ had kept the financial records of Binance from the public.
Stock and crypto prices increased on Thursday as the US Dollar Index weakened. Some of the market’s largest assets all rose.
The S&P 500 and Nasdaq Composite indexes, along with US bond yields, all incurred losses amid yesterday’s choppy session.
The digital currency ecosystem has recorded so many mishaps this year that it is now practically impossible for investors not to maintain a skeptical view of stocks across the board.
Block, MicroStrategy, and Coinbase experienced drawdowns alongside traditional markets even as crypto prices experienced a rise on Monday.