Auto Added by WPeMatico

Citadel CEO Ken Griffin Says Inflation May Have Peaked — Warns a Recession Is Coming

Citadel CEO Ken Griffin says inflation may have peaked but a recession is coming. “We’re in a very uncertain time for investors,” the executive cautioned, adding that the Federal Reserve…

Continue ReadingCitadel CEO Ken Griffin Says Inflation May Have Peaked — Warns a Recession Is Coming

Financial Heavyweights Citadel, Charles Schwab, Fidelity Confirm Cryptocurrency Exchange Launch

A number of financial giants including Fidelity Investments, Citadel Securities, and Charles Schwab Corp. announced on Tuesday that the consortium of companies plans to launch a cryptocurrency exchange called EDX…

Continue ReadingFinancial Heavyweights Citadel, Charles Schwab, Fidelity Confirm Cryptocurrency Exchange Launch

Citadel, Charles Schwab, Fidelity Join Forces to Build Cryptocurrency Trading Platform

Citadel Securities and Virtu Financial are reportedly building a cryptocurrency trading platform with help from Fidelity Investments and Charles Schwab. “We know there is significant interest in this cryptocurrency space…

Continue ReadingCitadel, Charles Schwab, Fidelity Join Forces to Build Cryptocurrency Trading Platform

UST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation

On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been…

Continue ReadingUST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation

Citadel Plans to Start Making Markets in Crypto in Coming Months, CEO Ken Griffin Says

Citadel CEO Ken Griffin, a bitcoin skeptic, admits he has not been right on his crypto call. He now says: “It’s fair to assume that over the months to come,…

Continue ReadingCitadel Plans to Start Making Markets in Crypto in Coming Months, CEO Ken Griffin Says