News
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Chinese EV companies including NIO, Li Auto, Xpeng Motors, and BYD have released their November delivery reports. Here are the key takeaways from the report. NIO delivered 15,959 cars in November which was… Continue reading Key Takeaways from Chinese EV Companies’ November Deliveries
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Brazil is set to implement a new 15% tax policy for all income generated from cryptocurrencies held on exchanges outside the country’s region. This recent regulation aligns with the global trend where countries… Continue reading Brazil Introduces 15% Tax on Offshore Crypto Earnings
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Crypto-backed asset management firm Grayscale has formally alluded to a filing update for its Grayscale Bitcoin Trust (GBTC). Fees, Custodying Changes for Operational Efficiencies Grayscale has not made any amendments since its first… Continue reading Grayscale Prepares for First GBTC Filing Amendment Since 2018
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Popular stock trading app Robinhood (NYSE: HOOD) is set to launch its services in the UK as the US-based company takes steps to expand internationally. It is the company’s third attempt to launch… Continue reading Robinhood Set to Lauch in the UK as International Expansion Takes Shape
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The embattled cryptocurrency lender, Genesis, and its parent company, Digital Currency Group (DCG), have reached a settlement that could end the lengthy lawsuit seeking the recovery of $620 million in repayments from DCG.… Continue reading Genesis Reaches Settlement With Parent Firm DCG in $620M Lawsuit
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Entertainment giant Disney’s box office slump continued into the Thanksgiving weekend as the company’s theatrical release “Wish” flopped adding to the long list of titles that have performed poorly. Wish generated just $31.6… Continue reading Disney’s Box Office Slump Continues as ‘Wish’ Also Flops
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A federal judge has ordered former Binance Chief Changpeng Zhao (CZ) to remain in the United States until his sentencing in February 2024. This directive follows his guilty plea for violating anti-money laundering… Continue reading Former Binance CEO CZ Required to Stay in US Ahead of Prison Sentencing
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. USDC stablecoin maker and issuer Circle has signed a memorandum of understanding (MoU) with SoftBank’s subsidiary SBI Holdings. Expansion Into Asia Making the announcement on its official X (formerly Twitter) handle, Circle stated… Continue reading Circle and SBI Holdings Sign MoU to Increase USDC Adoption in Japan
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Chinese tech giant Alibaba (NYSE: BABA) which scraped its cloud segment’s IPO plans has now overhauled the top leadership at the key business segment. Here are the key takeaways. Alibaba would increase the… Continue reading Alibaba Overhauls Cloud Unit Leadership After Scrapping IPO: Key Takeaways
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Cathie Wood’s Ark Invest has continued to reduce its Grayscale Bitcoin Trust (GBTC) holdings. The technology-focused asset management firm has so far shed off 700,000 GBTC shares. 36,000 Plus Shares Jettisoned on Wednesday… Continue reading ARK Invest Sheds Nearly 700K GBTC Shares From Portfolio In One Month
