Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Research & Analysis

Mon, Sep 30, 2024 02:18 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Bitcoin Slides Below 100-EMAs, CME BTC Futures Form Inverse Saucer, Hedging Sentiment Intensifies on Fed’s Fiat Infusion Scheme

Dec 18, 2019 13:08 pm UTC| Research & Analysis Digital Currency Insights & Views Central Banks

The crypto avenues dragging further to pull back this week, withmarket benchmark Bitcoin (BTC)now hovering near the US$7000 price level. The price of BTC tumbled 7.65% through this week while the other crypto...

FxWirePro: Mixed bag of reactions to VXY amid bidding adieu to 2019, EM straddles/G10 straddles sitting on the fence

Dec 18, 2019 12:22 pm UTC| Research & Analysis

Mixed reception to the notion of FX vol being cheaper has been emphasized in this write-up. Whether it is due to a sunnier cyclical outlook for 2020, a more fundamental change in perceptions of fair value of volatility, or...

Digital Currency Revolution Series: Every Cloud Has A Silver Lining, Crypto Cloud No Exception

Dec 18, 2019 11:33 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

As saying goes nothing is permanent is this universe, except change. Change being the only constant, weve seen many evolution and revolutions in all walks of our lives. From the last 3-4 centuries, our medium of exchange...

FxWirePro: Wise to give benefit of doubt to Aussie bears – Take glance at AUD derivatives trades radar ahead of monetary policy season

Dec 18, 2019 10:51 am UTC| Research & Analysis Central Banks

Although Aussie crosses have gained a bit of late, but still struggling to get whole nine yards. AUDUSD, AUDJPY have been dragging further from the recent price dips. This corrective pullback could extend AUDUSD to...

Digital Currency/Stablecoin/Tokenization Series: TokenSoft Appoints Ex-Regulatory Counsel At SEC And CFTC As Chief Legal Officer

Dec 18, 2019 07:29 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

TokenSoft who are the multi-blockchain issuance platform and the leading platform for financial institutions issuing securities on blockchains, hasannouncedto appoint Alex C. Levineas Chief Legal Officer of TokenSoft and...

Digital Currency Revolution Series: Kraken Makes Acquisition Deal With Circle’s OTC Desk

Dec 18, 2019 06:02 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

The renowned crypto exchange, Kraken has taken over Circles over-the-counter (OTC) desk. Circle was in the pursuit for a potential buyer for its OTC desk since the summer. Kraken, the US-based cryptocurrency exchangehas...

FxWirePro: Turkish Lira Selling Momentum Intensifies – Uphold USD/TRY Debit Call Spreads

Dec 17, 2019 13:54 pm UTC| Research & Analysis Central Banks

It is still early days, but a sell-off in the Turkish lira is gathering momentum behind the scenes as the quiet holiday season approaches. USDTRY has surpassed 5.85 from stable levels at around 5.75 a fortnight ago. Within...

181 182 183 184 185 186 187 188 189 190

Economy

Britain’s Economic Recovery Driven by Tech and Science Sectors, Leaving Others Behind

Britains economic recovery over the past five years has been largely driven by two key sectors: technology and science-based industries. As these sectors thrive, traditional industries such as manufacturing and hospitality...

Philippine Wealth Grows in 2023, But Country Remains Among Asia’s Poorest, Says Report

Despite a 13.2% increase in financial assets per capita in 2023, the Philippines remains one of the poorest nations in Asia, according to Allianz Globals latest wealth report. While growth was strong, rising liabilities...

Flipkart Sellers Sue India’s Antitrust Watchdog Over Unfair Competition Law Probe

Three Flipkart sellers have filed a lawsuit against Indias antitrust regulator, accusing it of conducting an opaque and unfair investigation into competition law violations. The legal challenge aims to halt the Competition...

Japan's LDP Candidate Ishiba Signals Support for Accommodative Monetary Policy

Shigeru Ishiba, a key contender in Japans Liberal Democratic Party (LDP) leadership race, emphasized Sunday that the countrys monetary policy should maintain an accommodative stance to support the fragile economic...

Global Active ETF Assets Hit Record $1 Trillion Amid Regulatory Changes and Innovation

Global active ETF assets reached a milestone $1 trillion in August, according to ETFGI, driven by regulatory shifts and diverse product offerings. Analysts expect accelerated growth in the coming years.* Regulatory...

Politics

Donald Trump Sounds Alarm: ‘Kamala’s Plan Will Impose the Largest Tax Hikes in History and Confiscate Your Wealth'

Former President Donald Trump issued a dire warning about Vice President Kamala Harriss economic policies, claiming that she plans to implement the largest tax hikes in U.S. history if she remains in office. Speaking to...

Donald Trump Slams Kamala Harris as ‘TAX QUEEN’: ‘She’s Coming for Your Pensions and Savings Unless You Stop Her!’

Former President Donald Trump launched a sharp attack against Vice President Kamala Harris during a rally, labeling her the Tax Queen and accusing her of planning to take away Americans pensions, savings, and hard-earned...

Kamala Harris Under Fire: ‘She Cost Families $29,000 and Lost 325,000 Children – It’s Unbelievable!’

In a fiery speech delivered at a campaign rally, former President Donald Trump launched a scathing attack on Vice President Kamala Harris, accusing her of a range of controversial actions and policies. Trumps remarks...

Donald Trump Delivers Final Blow to Kamala: ‘In Five Weeks, We’re Telling Her—Kamala, YOU’RE FIRED!’

Former President Donald Trump delivered a fiery speech in which he took direct aim at Vice President Kamala Harris, promising her ousting if he returns to the White House. Speaking at a rally in Florida, Trump declared...

Donald Trump's Bold Offer to Companies: ‘Cut Your Taxes to 15% – But Only If You Hire Americans!’

Former President Donald Trump unveiled a sweeping proposal aimed at reshaping corporate tax policies and incentivizing manufacturers to bring their operations back to the United States. Speaking at a recent rally in Ohio,...

Science

Tesla’s $25K Compact Car Could Drive Bigger Stock Gains Than Robotaxi, Analyst Predicts

As anticipation builds for Teslas Robotaxi, some analysts believe the companys upcoming $25,000 compact car will have a more significant impact on its stock. Gary Black of The Future Fund argues that entering the...

Starlink Reaches 4 Million Customers Globally as SpaceX Expands Operations and Services

SpaceXs Starlink has officially surpassed 4 million customers across more than 100 countries. This milestone was announced by SpaceX COO Gwynne Shotwell, who also outlined plans for expanding Starlinks satellite network...

SpaceX Enhances Crew Dragon Safety with Emergency Thruster Landing Capability for Crews

SpaceX has introduced a significant safety enhancement to its Crew Dragon spacecraft, allowing the use of thrusters for emergency landings if parachutes fail. This new feature will be active in the upcoming Crew 9 mission,...

SpaceX Nears 4 Million Starlink Customers and Invests $3 Billion in Texas Starship Development

SpaceX is on the verge of hitting four million Starlink customers, according to President Gwynne Shotwell. The company has invested $3 billion into Starship facilities in Texas, emphasizing the significance of Starship for...

SpaceX Criticizes FAA Over Licensing Delays and 'Inaccurate' Testimony in Congressional Hearing

SpaceX has called out the Federal Aviation Administration (FAA) for making incorrect and concerning claims during a congressional hearing. The tension centers around SpaceXs licensing challenges for Starship missions and...

Technology

OpenAI Projects $5 Billion Loss Amid Surging ChatGPT Revenue and Upcoming Fee Increases

OpenAI expects a significant loss of $5 billion in 2024, despite skyrocketing ChatGPT revenue and planned fee increases. Documents reveal the AI startup anticipates tripling its income by 2025, with users facing rising...

Tesla’s Shanghai Megafactory Reaches 60% Completion, On Track for 2025 Megapack Production

Teslas Shanghai Megafactory is now 60% complete, with production of Megapack units set to begin in early 2025. The factory aims to match Teslas California facility in producing 40 GWh annually, continuing the companys...

China on Crypto Alert: Ex-Finance Minister Sounds Off After US Bitcoin ETF Shift

Lou Jiwei, Chinas former finance minister, has called for a thorough examination of cryptocurrency implications after the US approved Bitcoin ETFs, warning that digital currencies could destabilize global markets due to...

Shiba Inu Among Worst Performers While Meme Coin Rivals Surge—What's Happening to SHIB?

Shiba Inu has tumbled by over 3% in the past 24 hours, making it one of the worst-performing tokens. This comes after a significant 34% rally, leaving holders to wonder if the dip is merely a correction or a sign of...

Billionaire Bitcoiner Flees UK Over Offshore Tax Changes, Settles in Crypto-Powered Swiss City

A high-profile billionaire Bitcoiner has escaped the UKs upcoming tax changes, opting to settle in Lugano, Switzerland, a Bitcoin-friendly town. The UKs tighter tax rules on offshore assets have pushed many top investors...