News list for " Wednesday in"
Thai Deputy Prime Minister and Finance Minister Pichai Chunhavajira announced at the Thai Marketing Association seminar on Wednesday that Thailand will launch a new cryptocurrency payment project, starting with the popular tourist destination of Phuket. The project will allow foreign tourists to use digital assets to make purchases in the tourist city. The government's goal is to enable foreign tourists to use their digital assets to shop in tourism-focused cities.
Musk revealed on social media platform X on Wednesday that he is using Lilly's Mounjaro to lose weight. On X, Musk posted a photo of him dressed as Santa Claus, standing next to a Christmas tree with the caption "Ozempic Santa". He then confirmed in multiple posts that he was indeed using an Ozempic-like drug to lose weight. He explained: "Technically I use Mounjaro, but this...
Ken Griffin, founder of Citadel Investment Group, predicted at the Future Investment Initiative Summit in Saudi Arabia on Wednesday that Trump would be re-elected as president of the United States. "The expectation today is that Donald Trump will win the White House in just a few short days. We'll know soon," Griffin said. Griffin also commented on market volatility, suggesting the election outcome would reduce uncertainty and benefit asset prices. He said: "We are at the most uncertain moment. ...
Citi (C) said in a research note on Wednesday that a sweeping Republican victory in the upcoming U.S. election would be the most favorable outcome for Coinbase and the broader crypto market, while a Harris victory and a divided Congress could lead to more uncertainty in the digital asset industry. Citi pointed out that the existing House Financial Services subcommittee is composed of several Democrats who are strongly opposed to cryptocurrencies. However, they "can...
Russian Interior Minister Vladimir Kolokoltsev revealed at a meeting of the Public Committee of the Russian Interior Ministry on Wednesday that since the beginning of this year, Russia's cybercrime has caused more than $1.25 billion in losses. He explained that both individuals and organizations, including government entities, are often victims of digital crimes. He stressed that these crimes pose a growing threat to the country's economy and citizens' property rights.
Investment bank Jefferies said in a research note on Wednesday that profits from bitcoin mining in August were much lower than in July. The average bitcoin price fell by more than 4% and the average network hashrate rose by about 2.7%. Affected by this, the average monthly daily income of miners fell by 11.8% from the previous month. "September will be another difficult month as bitcoin prices remain below $60,000 and network hashrate continues to climb," the analysts wrote. Bitcoin hashrate is ...
Online brokerage platform Robinhood on Wednesday launched a stock lending scheme in the UK that allows UK consumers to earn passive income from their holdings of shares, in the company's latest move to expand its market share overseas. The stock trading app, which launched in the UK in November after two previous attempts to enter the UK market, said its new feature will allow UK retail investors to lend any shares held in their portfolios directly to interested borrowers.
"Wouldn't it be cool if we had a subcommittee on the banking committee focused on the industry so we could bring in more conversations, more hearings about the industry, and get the job done faster," Republican Senator Tim Scott said Wednesday at the Wyoming Blockchain Symposium. It is reported that Scott has been friendly towards the cryptocurrency industry, and he is currently the head of the Republicans on the committee led by Democratic-Ohio Senator Sherrod Brown.
JPMorgan Chase (JPM) said in a research note on Wednesday that cryptocurrency liquidations should weaken this month, with the market expected to rebound from August. The bank said the drop in reserves could be the result of creditors of Gemini or Mt. Gox liquidating bitcoin, or the German government selling bitcoin.
Consensys founder Joe Lubin told an Ethereum community conference in Brussels on Wednesday that U.S. regulators were "negligent in their duties" and that certain senators and bank lobbies were able to "opportunistically" step in and guide the SEC's crypto policy. Lubin also said that he and other participants were forced to deal with unclear legislation. "For years, we have become accustomed to operating under a cloud of regulatory uncertainty", he said. Nonetheless, Lubin said he believes regul...
On Wednesday in Asia, the Japanese yen fell to its lowest level against the US dollar in about 34 years, and with verbal intervention from the Japanese authorities, the yen rebounded from its low level. In addition, nearly $3 billion worth of USD/JPY options are about to expire, causing panic among traders. Click to view>& Gt;
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