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Read More »Mastercard Joins Citi and JPMorgan to Test DLT Settlements
CoinspeakerMastercard Joins Citi and JPMorgan to Test DLT Settlements The trial will see companies such as BNY Mellon, Broadridge, the DTCC, ISDA, and Tassat Group serve as project contributors, providing their expertise for it. Mastercard Joins Citi and JPMorgan to Test DLT Settlements
Read More »Avalanche (AVAX) Price Shoots by Staggering 25% amid JPMorgan and Citi Embrace
As part of the partnership, the LayerZero Labs to connect Onyx with a permissioned Avalanche Evergreen Subnet, enabling seamless subscriptions and redemptions for funds offered by WisdomTree Prime. As the altcoin market buzzes with strong activity, Avalanche’s native cryptocurrency AVAX has registered a staggering 25% gain in the last 24 hours, with its price surpassing $22.57. The latest AVAX price rally comes on the backdrop of strong developments within the Avalanche ecosystem. In a...
Read More »Nasdaq Composite Soars Over 1% as Tech Stocks Rebound
CoinspeakerNasdaq Composite Soars Over 1% as Tech Stocks Rebound At the core of the Nasdaq Composite’s resurgence was the undeniable role of bonds and economic data. Nasdaq Composite Soars Over 1% as Tech Stocks Rebound
Read More »Citigroup Unveils Plans to Take Its Mexican Offshoot Banamex Public
The IPO process would involve offering shares of Banamex to the public, allowing outside investors to purchase those shares and become partial owners of Banamex. American multinational investment banking giant Citigroup Inc (NYSE: C) has revealed its plans to pursue an Initial Public Offering (IPO) for its Mexico business, Banamex. The bank intends to separate Banamex from its operations and offer shares of Banamex to the public for the first time. According to the announcement, Banamex,...
Read More »New York Fed Plans to Launch 12-week CBDC Pilot Program, Features Top US Banks
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Read More »Citi to Launch 24/7 Clearing in Q4 2022
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Read More »Bank of America Suggests There’s No Good Reason for Owning BTC
Bank of America is clearly no fan of bitcoin. In a recent statement, the financial giant claimed that the only reason people were buying it was because the price keeps going up. Bank of America: Bitcoin Isn’t All It’s Cracked Up to Be Over the past year, several new arguments have been introduced suggesting why people are suddenly crazy about owning bitcoin. The idea that it’s a hedge tool of some kind or that it’s a store of wealth has gotten a lot of people interested....
Read More »Dow Futures Adds 800 Points Despite Jobless Claims Jumps Above 3 Million
U.S. stock market led by the Dow futures turned positive despite the negative data on jobless claims that shot to historic figures of more than 3 million. The number of jobless claims even surpassed the Great Recession peak of about 695,000.During the early trading hours on Thursday, the U.S. stock futures led by the Dow Jones showed signs of recovering, despite the initial release of jobless claims that recorded the worst in recent history. As a result of the ongoing coronavirus, layoffs...
Read More »TSLA Stock Rises Over 8% Now but Some Analysts Downshift Tesla
Tesla stock’s rebound makes us believe that Tesla shares are now a good investment. At the moment of writing, TSLA stock is trading at over $545.After a long downfall, Tesla Inc (NASDAQ: TSLA) stock rises again, which allows investors to believe in the car manufacturer’s long-term prospects. Today, its price has been $521.50 or 3.27% up at the opening. At the moment of writing, it is even higher, $549.14. Tesla stock has added $44At the beginning of 2020, Tesla witnessed heavy trading volumes...
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