Auto Added by WPeMatico

State Street Partners With Taurus to Boost Digital Asset Services

Global financial services provider State Street has announced a strategic partnership with digital asset infrastructure provider Taurus to enhance its digital asset services. This collaboration aims to offer a comprehensive…

Continue ReadingState Street Partners With Taurus to Boost Digital Asset Services

NYSE Clears Listing of Bitwise and Grayscale ETH ETFs, Trading Expected Tuesday

Following the Chicago Board Options Exchange’s (Cboe) preparation for five new spot ethereum exchange-traded funds (ETFs) last week, the New York Stock Exchange (NYSE) has confirmed its approval to list…

Continue ReadingNYSE Clears Listing of Bitwise and Grayscale ETH ETFs, Trading Expected Tuesday

Edward Snowden on NYSE Trading Halts: ‘Bitcoin Fixes This’

On Monday, the New York Stock Exchange (NYSE) encountered a series of unexpected trading halts affecting stocks such as Chipotle and Berkshire Hathaway. Berkshire shares plummeted 99.7%, while Chipotle’s stock…

Continue ReadingEdward Snowden on NYSE Trading Halts: ‘Bitcoin Fixes This’

NYSE Partners With Coindesk for Bitcoin-Tracking Financial Products

The New York Stock Exchange (NYSE) has teamed up with Coindesk Indices to develop cash-settled options contracts that track bitcoin prices. These contracts, based on the Coindesk Bitcoin Price Index…

Continue ReadingNYSE Partners With Coindesk for Bitcoin-Tracking Financial Products

NYSE Considers 24-Hour Trading Model in Response to Crypto Market Trends

Cryptocurrency markets operate continuously, trading every day of the week, around the clock. In a similar vein, reports indicate that the New York Stock Exchange (NYSE) is exploring the possibility…

Continue ReadingNYSE Considers 24-Hour Trading Model in Response to Crypto Market Trends

Double or Nothing: Proshares Unveils BITU and SBIT ETFs for Bullish and Bearish Bitcoin Bets

On Tuesday, Proshares introduced two new offerings: the Ultra Bitcoin exchange-traded fund, sporting the ticker BITU, and the Ultrashort Bitcoin exchange-traded fund (ETF), known as SBIT. While BITU is designed…

Continue ReadingDouble or Nothing: Proshares Unveils BITU and SBIT ETFs for Bullish and Bearish Bitcoin Bets

Markets Spike After Fed Chair Says It ‘Makes Sense to Moderate the Pace’ of Rate Hikes, Hints Easing Could Happen in December

Equities, precious metals, and cryptocurrencies shined on Wednesday following Federal Reserve chairman Jerome Powell’s speech at the Brookings Institution in Washington. The crypto economy increased 3.11% to $860 billion, while…

Continue ReadingMarkets Spike After Fed Chair Says It ‘Makes Sense to Moderate the Pace’ of Rate Hikes, Hints Easing Could Happen in December

The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise

The U.S. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) by 75 basis points (bps). The American central bank…

Continue ReadingThe Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise

USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’

In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a…

Continue ReadingUSD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’