Tag Archives: News

The SEC chair previously indicated that all cryptocurrencies apart from BTC are securities. In a recently unearthed video from a 2018 crypto-themed event hosted by Bloomberg and Fidelity, Gary Gensler, the current chairman of the United States Securities and Exchange Commission (SEC), made statements that contradict his current position on digital assets regulations in the country. The video, which started circulating on Twitter on June 12, shows Gensler addressing institutional investors...

MANU stock price surged by a staggering 30% as the news emerged of Sheikh Jassim being the preferred bidder of the Premier League soccer club. On Tuesday, June 13, the shares price of Manchester United (NYSE: MANU) popped up by a massive 30% in the pre-market hours on the New York Stock Exchange. The recent surge happened after Qatari media suggested Sheikh Jassim bin Hamad al-Thani is likely to succeed with his takeover bid. On Tuesday, Qatar’s local news publication Al-Watan reported...

Taiwan Mobile’s decision demonstrates the growing interest of conventional sectors in capitalizing on the possibilities of cryptocurrencies and blockchain technology. Taiwan Mobile Co Ltd (TPE: 3045), one of Taiwan’s prominent telecommunications companies, has expressed its openness to potential alliance opportunities with Taiwanese firms specializing in crypto. As reported by Bloomberg, the company is reportedly engaging in discussions with various Taiwanese firms that specialize in...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up ADA price seems to be recovering above the $0.25 level against the US Dollar. The price is now trading below $0.32 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.278 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ethereum price is struggling below the $1,850 resistance against the US Dollar. ETH price is now trading below $1,800 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $1,775 on the 4-hour chart (data feed from Coinbase). The pair could continue to move...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Binance head Changpeng Zhao has taken to Twitter to warn Justin Sun – the main executive behind crypto firm Tron – against using his own funds to garner the exchange’s new SUI tokens. Zhao to Sun: Your Money’s Not Welcome! Zhao has made it clear that these units are designed more for retail traders and that he...

While the SEC’s designation of some cryptocurrencies as securities has shaken the market, the development companies behind these assets have strongly rejected the regulator’s characterization. The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance and Coinbase has resulted in widespread volatility in the crypto market. As part of its legal actions, the regulator identified 19 new cryptocurrencies as securities. According to the SEC, “Coinbase makes these...

For Adenza, the acquisition represents a significant milestone in the company’s growth trajectory. Just recently, Nasdaq Inc (NASDAQ: NDAQ), the leading US-based technology firm serving the global financial system announced the acquisition of Adenza, a software application provider. The deal, which is valued at $10.5 billion in cash and common stock, will see the complete takeover of the firm by Nasdaq from Thoma Bravo, an American private equity and growth capital firm. Interestingly, the...

The HSBC Innovation Banking unit has more than 650 employees in the UK, over 40 members in the US, and hiring more in Hong Kong and Tel Aviv. HSBC Holdings PLC ADR (NYSE: HSBC), a British universal bank and financial services group with more than $10 trillion in assets under custody (AUC), has launched a new banking tech unit dubbed HSBC Innovation Banking with the help of expertise from former Silicon Valley Bank UK (SVB UK). Closer Look at the HSBC Innovation Banking Unit According to...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Crypto exchange Coinbase is upping its fight against the Securities and Exchange Commission (SEC). The company received a Wells notice from the federal agency over a month ago, and it’s not happy that Gary Gensler and his cronies are targeting its operations. Coinbase Vs. the SEC: Who Will Win? A Wells notice...