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Chinese Stocks Rebound Amid Hopes of Market Rescue Plan
US-listed Chinese stocks are trading higher in US price action today following a 2.6% gain in the Hang Seng index amid hopes of a market rescue plan by the government. Despite the gains today, Chinese stocks remain in the negative... -
FTX Trading Arm Alameda Research Withdraws Lawsuit Against Grayscale Investments
Bankrupt crypto exchange FTX's affiliate Alameda Research has withdrawn its legal action against Grayscale Investments following the conversion of its primary trust product into an exchange-traded fund (ETF). Alameda Filing Was Entirely Without Merit In a court filing dated January... -
Gemini Secures French Registration, Expands in EU and 70 Global Markets
The cryptocurrency exchange Gemini has officially become a registered digital asset service provider in France. This move comes after the company established its European headquarters in Ireland in 2022. Gemini is now actively operating in over a dozen European Union... -
Virginia State Senator Advocates Bill Safeguarding Digital Asset Mining and Validation
Virginia State Senator Saddam Azlan Salim has proposed legislation to establish a robust regulatory framework governing digital assets mining and transactions. Senate Bill No. 339 Addresses Mining, Securities, and Tax On January 9, Senator Salim proposed Senate Bill No. 339... -
U.S. Stock Indices Drop with Rise in Treasury Yields, Impacting Gold and Bitcoin Values
On Wednesday, the prices of major U.S. stocks like Dow Jones, Nasdaq, and S&P 500 dropped. This happened because the interest rates on 10-year Treasury bonds increased to 4.102%. When interest rates go up, it affects different investments, making investors... -
South Korea’s Presidential Office Calls for Reevaluation of FSC’s Position on Spot Bitcoin ETFs
The Presidential Office of South Korea has urged the Financial Services Commission (FSC) to reconsider the possibility of approving a spot bitcoin exchange-traded fund (ETF). Foreign Offerings to be Applicable in Domestic Markets According to a January 18 local report... -
Apple to Remove Blood Oxygen Feature from Watch to Evade Ban
Apple would remove the blood oxygen feature from its latest watch as it seeks to evade the ban over a patent infringement issue raised by medical devices company Masimo. Masimo alleges that Apple poached several of its top executives and... -
Former President Trump Opposes Idea of US Digital Currency
United States presidential candidate and former President Donald Trump has pledged to prohibit the creation of central bank digital currency (CBDC) if elected. This declaration introduces a fresh perspective into the ongoing global discourse surrounding the role of CBDCs in... -
Sam Bankman-Fried’s Parents Request Dismissal of Clawback Lawsuit
The parents of FTX founder Sam Bankman-Fried have asked a U.S. bankruptcy judge to dismiss the lawsuit initiated by the crypto exchange against them. They deny involvement in the company's internal operations and refute allegations of withdrawing money from FTX... -
Robert Kiyosaki Sounds Alarm on U.S. National Debt, Advocates Bitcoin and Precious Metals as Safeguards
Robert Kiyosaki, the "Rich Dad Poor Dad" author, is concerned about the U.S. national debt rapidly increasing, jumping by a trillion dollars fast. He's not the only one worried. Many people fear that this growing debt could hurt the U.S....
