Hong Kong and Singapore’s wealthy elite appear to be looking at digital assets with fervor after a new report from KPMG suggesting over 90% of family offices and high-net-worth individuals (HNWI) are interested in investing in the digital assets space or have already done so. According to an Oct. 24 report from KPMG China and
admin
The dramatic sell-off in Chinese markets that followed confirmation of President Xi Jinping’s third term in power hammered stocks popular with big fund managers, suggesting billions of dollars of losses for those who stuck by their portfolios. The Nasdaq Golden Dragon index, which tracks US-listed shares in Chinese companies, shed 14.4 per cent on Monday
Many Chinese developers have halted or delayed construction on presold homes due to cash flow problems. Pictured here is a property construction site in Jiangsu province, China, on Oct. 17, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — China’s central government is not likely to spend billions to save the struggling real
Ethereum’s long-awaited Merge took place in September, shifting it from a legacy proof-of-work (POW) model to the sustainable proof-of-stake (PoS) consensus algorithm. Many observers expected Ether’s (ETH) price to respond positively as its daily emissions declined 90% with the halt of mining operations. However, the expected price surge never occurred. In fact, Ether has been
In this video, you will learn more about Open Interest and Liquidity. How does these work? How will they help you with your trades? Find out how to use them properly to your advantage when you are trading. #optionstrading #tradingoptions #tradingstrategies #tradingmindset Posted at: https://tradersfly.com/blog/open-interest-on-options-how-liquid-do-you-need-a-stock-to-be/ ? Newsletter & Announcements : https://tradersfly.com/go/tube/ ? Discord Group: https://tradersfly.com/go/discord/
zacks.com zacks.com/ultimate
Sopa Images | Lightrocket | Getty Images Check out the companies making headlines after the bell: Discover Financial — Shares fell about 1.8% after Discover Financial posted weaker-than-expected earnings for the recent quarter and noted that it expects operating expenses to rise more than previously anticipated for the full year. Cadence Design Systems – Shares
Munis continued to see losses following Friday’s selloff as the 30-year triple-A yield topped 4%. U.S. Treasuries ended the session weaker across the curve while equities extended gains. Triple-A yields rose three to seven basis points, depending on the scale, while Treasuries saw larger losses out long. The three-year muni to UST ratio on Monday
Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed. Hong Kong to Issue Retail Tokens and Stablecoins as Part of Project Aurum A collaboration between the BIS Innovation
FTX CEO Sam Bankman-Fried (SBF) said the rise of Binance stablecoin Binance USD (BUSD) could spark the “Second Great Stablecoin War,” given how fast its market cap has surged over recent months. Bankman-Fried’s recent comments come a month after Binance pushed ahead with plans to auto-convert a host of stablecoins supported on its exchange into
Is now the time to buy these big tech stocks? Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Boris Johnson has pulled out of the race to become Britain’s next prime minister after his campaign stalled and rivals claimed he did not have the backing of the 100 Tory MPs needed to enter the contest on Monday. Despite frantic attempts by Johnson to bolster his support, he announced at 9pm on Sunday that
The trend of fast furniture is starting to become a thing of the past. Millennial consumers in particular are looking for pieces they can keep for years as opposed to something they’ll throw out before the next time they move. No one knows this better than Declan Ee, who co-founded the furniture brand Castlery in
I like BABA at any price below $300, and below $260 where it sits at today is a steal.
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Mastercard taps Paxos to launch crypto trading for banks Banks
Former UK chancellor Rishi Sunak is poised to formally enter the race to become Britain’s next prime minister after securing public backing from the 100 Tory MPs needed to enter the ballot. Sunak had 111 declared backers by Saturday evening; Conservative MPs had yet to decide whether to put former prime minister Boris Johnson on
Gary Burchell | Getty Images Company: Salesforce (CRM) Business: Salesforce is a global leader in customer relationship management (CRM) technology that brings companies and their clients together. It was founded in 1999 and is a pioneer in the cloud software space. It started as a tool to help enable sales teams to increase their productivity
The European country of Spain is officially home to the third-largest network of Bitcoin (BTC) and cryptocurrency ATMs after the United States and Canada. Spain currently hosts 215 crypto ATMs, pushing El Salvador — wi 212 crypto ATMs — down to the fourth position after surpassing the country by 3 crypto ATMs. Data from CoinATMRadar
Hackers took over the official Twitter account of crypto exchange Gate.io, putting over 1 million users at risk of losing funds to an ongoing fraudulent Tether (USDT) giveaway. Social media platform Twitter serves as the most effective medium to reach the crypto community. As a result, the trend of hacking into official Twitter handles of
Investors and some Conservative MPs took fright on Friday as Boris Johnson considered running for a second stint as UK prime minister, with warnings that he risked triggering further political and economic chaos. Johnson’s allies are scrambling to secure the 100 nominations needed from Tory MPs to enter Monday’s ballot to replace Liz Truss, who
Semiconductor ETFs surged after blockbuster earnings.