Markets news
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Monex boosts its stake in Canadian digital asset manager 3iQ
Monex Group has increased its ownership in Canadian digital asset manager 3iQ Digital Holdings to 97.8%, with the aim to…
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Stablecoin group Tether holds talks to invest in gold miners
Tether is using profits from its stablecoin empire to branch out, channeling billions into companies that range from crypto platforms…
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ETH price poised for a rally as exchange flux balance turns negative
ETH price appears poised for further upside as on-chain data shows investors are withdrawing record amounts from exchanges. Summary Despite…
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RedStone crypto price jumps 80% after South Korea’s Upbit listing
RedStone’s trading volume rose to $700 million on a wave of retail enthusiasm. Summary RedStone’s price rose 80% to a…
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Chinese fintech eyes Venom blockchain in push for digital finance modernization
Chinese media report that one of the country’s leading fintech companies is negotiating the acquisition of technological solutions from the…
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South Korea bans leveraged crypto loans, sets 20% ceiling on rates
South Korean regulators have moved to quell a brewing risk in crypto exchanges. The new regime bans high-risk leveraged loans…
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Trump Media partners with Crypto.com, acquires $105M in CRO tokens
In a deal with Crypto.com, Trump Media purchased 684.4 million Cronos tokens. Summary Trump Media acquired 684.4 million in Crypto.com’s…
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S&P 500 hits record high as stocks rise after latest jobs report
U.S. stocks rose as investors reacted to the softer-than-expected jobs report, with the S&P 500 and Nasdaq inching higher to…
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Bitcoin, altcoins rise as cooling labor market fails to spook risk trade
A lukewarm U.S. employment report for August sparked a broad crypto rally Friday. Traders appear to have interpreted the stagnant…
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SEC and CFTC push for regulatory clarity on DeFi, on-chain finance
Two major financial regulators are considering potential regulatory “innovation exemptions” for DeFi. Summary SEC and CFTC issued another joint statement…
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