In a notable development on Wednesday, U.S. Treasury yields experienced a decline as investors carefully deliberated the prospective landscape of monetary policy and financial markets for the upcoming year. The 10-year Treasury yield exhibited a substantial drop of nearly 10 basis points, settling at 3.789%, while the 2-year Treasury yield saw a modest decrease of […]

Bitcoin faced a modest retreat as traders evaluated potential reactions in the cryptocurrency markets following expectations of regulatory approval for the first US exchange-traded funds (ETFs) directly investing in the token. As of Wednesday in Singapore, the leading digital asset experienced a 2.4% decline over the past 24 hours, settling at $42,400. Despite this, Bitcoin […]

In a strategic move to bolster its renewable energy ambitions, billionaire Gautam Adani and his family have announced a substantial $1 billion investment in Adani Green Energy Ltd., according to sources familiar with the matter. The conglomerate, facing upcoming bond maturities in the coming year, is swiftly taking steps to meet its ambitious green targets. […]

In a surge of optimism, Japan’s Nikkei index reached its highest point in a month on Wednesday, climbing 1.75% to 33,799.41 during the mid-day session. This notable upswing, marking its peak since November 20, was fueled by diminishing caution surrounding the Bank of Japan’s (BOJ) policy stance. Market analysts pointed to the absence of any […]

On Friday, European bonds experienced a significant rally, driving yields to their lowest point in nine months. Investors, seemingly unswayed by the European Central Bank’s (ECB) assurances that interest rate cuts were not on the horizon, instead focused on worrisome signs of a slowing economy. The yields on 10-year German Bunds, considered the benchmark for […]

In a strategic move set to take effect on January 29th, 2024, Google is implementing a revamped policy that allows certified advertisers to showcase their financial products. This pivotal shift in approach signals a departure from Google’s previous stringent stance on cryptocurrency advertising, where most crypto products and unregulated decentralized applications (dApps) were prohibited. Over […]

In a remarkable turn of events, India’s stock market is on the cusp of surpassing Hong Kong to become one of the world’s largest trading venues, signaling investors’ confidence in the economic outlook of the most populous country globally. As of the end of October, the total market capitalization of companies listed on the National […]

In an announcement on Thursday, Uphold CEO Simon McLoughlin revealed plans for the imminent release of Vault, a cutting-edge product set to revolutionize the security and user experience of cryptocurrency self-custody. The beta launch for Vault is scheduled for early 2024, with an initial focus on providing a streamlined self-custody experience for over 10 million […]

Bitcoin has reached its highest price in almost 20 months, hitting over $42,000 on Monday, marking an 8.2 percent increase from the previous day. The surge is fueled by growing optimism that the toughest regulatory hurdles for the cryptocurrency industry are behind, and anticipation that US regulators will soon approve stock market cryptocurrency funds. Investors […]

In a significant development, the bankrupt cryptocurrency exchange FTX has received the go-ahead to liquidate approximately $873 million in trust assets. The decision, disclosed in a filing to the Delaware bankruptcy court on November 29, paves the way for the proceeds to be utilized in repaying creditors who suffered losses during the collapse of the […]