(Bloomberg) — In the go-go years when China minted a billionaire every two days, banking rainmaker Bao Fan almost reached that milestone himself. Most Read from Bloomberg His skill in …
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Bitcoin News
Kraken Adjusts Margin Product to Comply With Australian Crypto Law, Calls for Clearer Regulation
by skolnesThe Australian Federal Court ruled that Kraken’s fiat margin extensions are subject to regulatory obligations, but crypto margin extensions are not. Kraken acknowledged the decision but stressed the need for …
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Cryptocurrency News
‘Don’t buy the tech dip:’ Where to invest instead as the market gets more volatile, BofA says
by skolnesGetty Images; Jenny Chang-Rodriguez/BI Market volatility will stay elevated for years to come, Bank of America says. The firm recommends avoiding the urge to buy the ongoing dip in tech …
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Bitcoin News
SEC Warns of Bitcoin and Ether ETF Risks — Labels BTC, ETH Highly Speculative Investments
by skolnesThe U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors …
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Cryptocurrency News
1 Ultra-High-Yield Dividend Stock You’ll Want to Have on Your Radar as Rate Cuts Loom
by skolnesOne of the most prominent themes of monetary policy over the last few years is an intense scrutiny on interest rates — and for good reason. In 2022 and 2023, …
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Cryptocurrency News
1 No-Brainer Cathie Wood Fintech Stock to Buy Hand Over Fist Right Now for Just $7
by skolnesTwo weeks ago, Wall Street and retail investors alike held their breath as Federal Reserve Chairman Jerome Powell took the stage at the Economic Symposium in Jackson Hole, Wyoming. While …
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Crypto exchange Tokocrypto, a part of Binance Group, has achieved a major milestone by securing the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti), …
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Pythia hit with reentrancy attack Decentralized finance protocol Pythia Finance was drained of $53,000 via a reentrancy attack on Sept. 3, according to a report from blockchain security firm Quill …
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To get big tech stocks powering higher again, it will take the convergence of two factors, says Goldman Sachs’ veteran tech analyst Kash Rangan. The magic formula is a steady …
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Bitcoin News
Trump Victory Could Boost Bitcoin to $90K — Harris Win Might Sink BTC to $30K Level, Says Bernstein
by skolnesBitcoin may rise to $90,000 by the end of the year if former U.S. President Donald Trump wins the presidential election, according to brokerage and research firm Bernstein. The firm’s …