Markets
After long-awaited spot bitcoin exchange-traded funds made their debut this week, investors are now weighing the prospects of eventual approval of similar ether ETFs. The U.S. Securities and Exchange Commission on Wednesday greenlighted 11 spot bitcoin BTCUSD, -0.21% ETFs for the first time. The products, which made its debut trading…
© Reuters. Chase Coleman Retakes Helm of Tiger Global’s Venture Unit Amidst Client Concerns Quiver Quantitative – The leadership dynamics at Tiger Global Management, a prominent hedge fund, are undergoing significant changes. Chase Coleman, the firm’s founder, is retaking control of the $34 billion venture-capital arm after a period of…
By Gary McWilliams HOUSTON (Reuters) – The oil and gas industry went on a $250 billion buying spree in 2023, taking advantage of companies’ high stock prices to secure lower-cost reserves and prepare for the next upheaval in an industry likely to undergo more consolidation. A surge in oil demand…
By Archishma Iyer (Reuters) – Bearish bets on most Asian currencies solidified on waning optimism of sooner-rather-than-later U.S. rate cuts, although the Indian rupee was an exception by racking up bullish bets for the first time in about six months, a Reuters poll showed on Thursday. Most Asian currencies have…
Last updated: January 15, 2024 00:19 EST | 9 min read Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial contentImmediate Serax claims itself to be a crypto trading platform capable of empowering investors’ trading potential. According to the platform’s website, it has been…
The Securities and Exchange Commission said Friday it was still assessing whether “additional remedial measures” were warranted following a false post on its official account on X, the site formerly called Twitter, that claimed spot Bitcoin exchange-traded funds had been approved. In a statement Friday, SEC Chairman Gary Gensler said…
© Reuters. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 28, 2023. REUTERS/Staff/File Photo/File Photo By Shashwat Chauhan and Bansari Mayur Kamdar (Reuters) -European shares ended 2023 with an annual gain of almost 13% on hopes of softer monetary policy from…
By Arathy Somasekhar and Georgina McCartney HOUSTON (Reuters) -Oil climbed more than 2% on Tuesday to its highest level this month, as further attacks on ships in the Red Sea prompted fears of shipping disruptions and on hopes of interest rate cuts that could boost economic growth and fuel demand.…
Investing.com – The U.S. dollar steadied in early European trade Thursday, retaining most of 2024’s gains ahead of the release of key U.S. inflation data that could provide more clues on when the Federal Reserve could begin cutting interest rates. At 04:20 ET (09:20 GMT), the Dollar Index, which tracks…
Last updated: January 13, 2024 00:00 EST | 2 min read Source: AdobeStock / photo_gonzoVanguard, one of the world’s leading asset management firms, has secured a substantial stake in MicroStrategy (MSTR), providing investors with indirect exposure to Bitcoin (BTC).While Vanguard has opted against launching Bitcoin exchange-traded funds (ETFs) on its…