OCBC’s Sim Moh Siong and Christopher Wong note that USD/THB fell after the post-US Consumer Price Index (CPI) decline in US Dollar (USD) but quickly retraced, signalling limited follow-through in Thai Baht gains. Elevat…
The Depository Trust & Clearing Corporation, the clearinghouse that processes U.S. securities transactions, on Wednesday launched a pilot to test tokenized stocks and U.S. Treasuries with nearly 40 financial institution…
A proposal to change Bitcoin's consensus rules has divided developers, miners, companies, and users over how the network should evolve and who gets to decide.
President Donald Trump’s pick for US Attorney General faced criticism from members of the Senate Judiciary Committee on his approach to crypto enforcement and the pardon of former Binance CEO Changpeng Zhao.
June brought a major change to the bond landscape with the arrival of the new Federal Reserve chair. Kevin Warsh, appointed by President Trump, arrived as a new Fed chair. He’s making big changes already, like not submi…
EUR/USD trades higher near the 1.1450 area on Wednesday as the US Dollar (USD) weakens following softer-than-expected United States (US) Producer Price Index (PPI) data. The Euro (EUR) also finds some support after Spai…
Dubai’s Virtual Assets Regulatory Authority approved the London-headquartered fintech company for broker-dealer, management and investment, and exchange services in the UAE.
Ostium halted trading and advised revoking contract approvals after blockchain security firms reported an apparent oracle-related exploit of its OLP liquidity vault, with estimated losses ranging from $18 million to $22…
As longtime advisors and investors know, sometimes it’s not enough to simply keep an eye on what ETFs are currently available on the market. In fact, it’s oftentimes crucial to monitor the funds that are being filed as …
Bitcoin treasury firm Strategy will start buying the cryptocurrency again once its preferred shares recover, CEO Phong Le said, as the company leans on a retooled financing model to ride out the crypto downturn.
The US Dollar Index (DXY) falls 0.5% toward 100.40 as softer-than-expected United States (US) wholesale inflation reinforces signs that price pressure is easing. The headline Produce Price Index (PPI) declined 0.3% MoM …
The Japanese Yen (JPY) holds modest gains against the US Dollar (USD) on Wednesday but struggles to extend its recovery despite a broadly weaker Greenback following softer-than-expected US inflation data. At the time of…
Assets in the T. Rowe Price U.S. High Yield ETF (THYF) have grown to $845.6 million, according to ETF Database, as the fund leans into a high yield bond market that its managers describe as structurally stronger than it…
Chris Turner at ING says EUR/USD rallied on softer US CPI but warns that rising Oil and European natural gas prices limit upside. He expects EUR/USD to struggle above 1.1460/70 and potentially retreat toward 1.1360/80 i…
The U.S. Treasury's Office of Foreign Assets Control sanctioned multiple cryptocurrency wallets tied to Iran's Central Bank and the Islamic Revolutionary Guard Corps on Tuesday, with stablecoin issuer Tether freezing ov…
We take the push of a button for granted. A tap on a smartphone’s tempered, touch-sensitive glass can summon a product, start a conversation with AI, or set a global logistics network in motion. For most of human histor…
Securitize and Cantor Fitzgerald are developing infrastructure for tokenized IPOs and secondary equity offerings within the existing US securities framework.
Investment giant Cantor Fitzgerald and cryptocurrency-focused broker-dealer Securitize (SECZ), are revamping initial public offerings (IPOs) with tokenization and blockchain technology, the companies said on Wednesday.
As we move into the summer months, the U.S. economy and financial markets continue to demonstrate resilience. Corporate earnings have generally exceeded expectations, consumer spending remains healthy, and ongoing inves…
Ever since tensions ratcheted up in the Middle East earlier this year, inflation has resurfaced as a primary concern for advisors and investors alike. As such, every monthly Consumer Price Index (CPI) report is highly a…
West Texas Intermediate (WTI) crude Oil consolidates modest losses on Wednesday but stays close to a one-month high as escalating Middle East tensions keep supply risks around the Strait of Hormuz in focus. At the time …
Federal Reserve (Fed) Chair Kevin Warsh said on Wednesday that recent inflation figures provide an imperfect measure of underlying inflation. Warsh made the remarks while testifying on the Semiannual Monetary Policy Rep…
Ostium lost roughly $18 million on Wednesday after attackers compromised an oracle signer key and manipulated the decentralized perpetuals exchange's price feed to generate fake trading profits, according to blockchain …
Shares of Elon Musk's SpaceX are scraping by at record low levels this week, struggling to find any renewed enthusiasm from wary investors.