News list for " services companies"

The founder of crypto financial services firm MyTrade has pleaded guilty to market manipulation and conspiracy to commit fraud

According to the official announcement of the Department of Justice, Liu Zhou, the founder of crypto financial services company "MyTrade", pleaded guilty to market manipulation and conspiracy to commit fraud. U.S. District Judge Angel Kelley plans to sentence him on February 27, 2025. MyTrade provides financial services to cryptocurrency customers through its "MyTrade MM" website and online application, the Justice Department said. These services include laundering customers' cryptocurrencies on...

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2024-10-30 22:16:05
Analysts: The US election could trigger a bond market crash, with repercussions for assets such as bitcoin

Analysts at Presto, the trading and financial services firm, said the US election could trigger a meltdown in the bond market, with implications for other assets such as bitcoin. Presto analysts Peter Chung and Min Jung issued the warning following a CNBC interview on Tuesday with prominent investor Paul Tudor Jones, in which Jones said he was bullish on bitcoin, gold, commodities and Nasdaq stocks in the current risk environment.

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2024-10-23 14:08:21
Ebury: Fed will cut interest rates by 25 basis points later, and will cut interest rates by 75 basis points this year

Global financial services firm Ebury said it expected the Federal Reserve to cut interest rates by 25 basis points later, and hinted that further cuts would be gradual, which would provide some short-term support for the dollar. "A 50 basis point rate cut does not appear to be coming, and we do not believe the FOMC will be ready to fully support market pricing of interest rates," said Matthew Ryan, market strategist at Ebury, in a note. He said futures pricing for a 115 basis point rate cut this...

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2024-09-18 14:31:34

7x24 Newsflash

11:47 2025-04-09
Market analysis: Bitcoin is struggling to recover significantly due to tariff concerns
Bitcoin, which has fallen recently amid concerns about the impact on the global economy of reciprocal US tariffs that went into effect on Wednesday, is now struggling for a meaningful recovery. Trump's imposition of tariffs on most US trading partners has dampened appetite for risky assets, including cryptocurrencies. However, analysts at Saxo Bank said cryptocurrency miners could benefit as the tariffs could lead to lower prices for bitcoin mining equipment outside the US. Tariffs could push up...
11:38 2025-04-09
Swedish MPs propose including BTC in the country's foreign exchange reserves
Rickard Nordin, a member of the Swedish parliament, submitted a written question to the finance minister suggesting that bitcoin be included in the country's foreign exchange reserves. In his question, Nordin pointed out that some countries such as El Salvador have listed bitcoin as a legal tender, and central banks around the world continue to discuss the impact of bitcoin on monetary policy. According to reports, Riksbank governor Erik Thedéen previously said in March 2024 that bitcoin has no...
11:23 2025-04-09
Spot gold stands at $3,060
Spot gold rose to $3,060 an ounce, up 2.60% in the day. New York gold futures rose 3.00% in the day, now trading at $3,080.00 an ounce.
11:14 2025-04-09
Ministry of Commerce: Shield artificial intelligence companies and other 6 US companies included in the list of unreliable entities
The Department of Commerce has decided to add six entities, including Shield AI, Inc., Sierra Nevada Corporation, Cyberlux Corporation, Edge Autonomy Operations LLC, Group W, and Hudson Technologies Co., to the list of unreliable entities.
11:14 2025-04-09
Former US Treasury Secretary: The United States may be headed for a serious financial crisis
Former US Treasury Secretary Summers said that the United States may be heading for a serious financial crisis. (Jin Ten)
11:08 2025-04-09
FDT responds to Sun Yuchen's accusation: 500 million USD TUSD transfer is at the request of Techteryx to invest in commodities
On April 9, according to Bitcoin.com reports, the controversial stablecoin issuer First Digital Trust (FDT) recently responded to the allegations of Tron founder Justin Sun, saying that its transfer of over 500 million US dollars of TUSD reserve funds to the Dubai ARIA fund was carried out in response to the investment instructions of its partner Techteryx. FDT said that these funds transfers, which are characterized as "commodity investments", were completed in multiple transactions, and disclo...
11:08 2025-04-09
BTC falls below $76,000
The market shows that BTC has fallen below $76,000 and is now quoted at $75,994.98, a 24-hour decline of 3.84%. The market is volatile, so please do a good job in risk control.
11:05 2025-04-09
Spot gold fell $7 short-term to $3,038 an ounce
Spot gold fell $7 short-term to $3,038 an ounce.
11:05 2025-04-09
U.S. stock futures dived short-term, S & P 500 futures fell 1.7%
U.S. stock futures dived short-term, with Dow futures falling more than 1.8%, S & P 500 futures falling 1.7%, and Nasdaq futures falling 1.65%.
11:02 2025-04-09
BTC falls below $77,000
The market shows that BTC has fallen below $77,000 and is now reported at $76,994.21, a 24-hour decline of 2.53%. The market is volatile, so please do a good job in risk control.
11:02 2025-04-09
The tariff rate on all imports originating in the United States has been increased from 34% to 84%.
On April 8, US Eastern Time, the US side will impose a so-called "reciprocal tariff" of 34% on Chinese imports previously announced, further increasing by 50% to 84%. The Tariff Commission of the State Council today announced that from 12:01 on April 10, it will adjust the additional tariff rate stipulated in the "Announcement of the Tariff Commission of the State Council on the Importation of Tariffs on Imports Originating in the United States" (Announcement No. 4 of 2025 of the Tariff Commissi...
10:56 2025-04-09
Thailand Amends Law to Strengthen Regulation of Foreign Cryptocurrency P2P Trading Platforms
According to Cointelegraph, the Thai cabinet passed a resolution on April 8 approving amendments to the relevant laws on digital asset business and cybercrime prevention. The new regulations will restrict the operation of foreign cryptocurrency peer-to-peer (P2P) trading platforms in Thailand, and violators can be fined up to $8,700 and imprisoned for up to three years. The new regulations require crypto asset service providers (CASPs) to collect and report transaction information related to onl...