The SEC approved the first-ever spot bitcoin ETFs on Wednesday, paving the way to begin trade. Here’s what you need to know.
Schlagwort-Archiv: Financial
Coinbase, Robinhood shares rise as bitcoin ETF approval adds credibility to cryptocurrency industry
Shares of Coinbase and Robinhood popped Thursday as traders bet the approval of bitcoin exchange-traded funds in the U.S. would give the companies a boost.
China says the U.S. has ‚weaponized‘ chip export controls
China’s Ministry of Commerce said Thursday the U.S. is weaponizing export controls and using them as a tool.
China will make foreign investment easier, vice premier tells foreign executives
Chinese Vice Premier He Lifeng met with global finance executives who make up the securities regulator’s international advisory committee, state media said.
Citigroup at risk of quarterly loss after charges come in far higher than initially disclosed
CEO Jane Fraser faces a key moment this week as Citigroup reports earnings in the middle of restructuring efforts to make the bank leaner and more profitable.
The spot bitcoin ETF: Here’s what happens when it starts trading
With a spot bitcoin ETF now looking very real, attention is turning to the details.
UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%
Global investment in fintech sank to $51.2 billion in 2023, down 48% from 2022, data from Innovate Finance shows. Despite that, UAE fintech funding soared 92%.
People may eat more calories after stopping weight loss drugs, according to Deutsche Bank survey
Ozempic and Wegovy have been cheered for helping people shed unwanted pounds, but the findings of a recent poll underscore the challenges patients face.
China investors will be asking these 3 questions in 2024
China’s investment story has been overshadowed in the last year by longer-term problems and tensions with the U.S.
Fed Governor Bowman adjusts rate stance, says hikes likely over but not ready to cut yet
Bowman noted the progress made against inflation and said it should continue with short-term rates at their current levels.