Source: Adobe / pathdoc Creditors of the crypto derivatives exchange CoinFLEX are alleging that the newly established creditor claims marketplace OPNX, founded by bankrupt crypto hedge fund Three Arrows Capital (3AC) co-founders Kyle Davies and Su Zhu, wrongfully used CoinFLEX assets without their consent. The accusations are detailed in a…

With stocks on the upswing, the appetite for risk is back! That might tempt some folks to abandon sound long-term investing and take a stab at day trading. Before we go too far into whether this is a good idea, I’d say that to be a successful day trader, you…

Real-estate stocks soared on Tuesday, with the sector outperforming the 10 others in the S&P 500 index, as yields in the U.S. bond market tumbled. The S&P 500’s real-estate sector XX:SP500.60 closed 5.3% higher, its largest daily percentage jump since Nov. 10, 2022, according to Dow Jones Market Data. The…

© Reuters. MOSCOW – Russian energy giant Gazprom (MCX:) is set to reduce its capital investments for the coming year, focusing on key projects amid financial and market challenges. The company announced plans to lower its investment budget for 2024 by 20%, allocating approximately 1.57 trillion roubles ($17.8 billion). This…

Kenya’s Energy and Petroleum Secretary, David Chirchir, has warned of a possible increase in petrol prices to Sh300 per liter, driven by the ongoing Israel-Gaza conflict and the global petroleum price surge. This comes despite the Central Bank of Kenya (CBK) reporting a decline in international oil prices, with Murban…

Investing.com – The U.S. dollar traded largely unchanged in early European trade Tuesday ahead of the latest inflation data that could determine the path of U.S. monetary policy, while sterling gained as U.K. workers continued to receive healthy wage increases.  At 03:10 ET (08:10 GMT), the Dollar Index, which tracks…

Source: Pixabay / Michael Wuensch A Bitcoin (BTC) user has reportedly paid $3.1 million in transaction fees to transfer 139.42 BTC sparking vast community reactions and opinions by on-chain analysts. On-chain data on Nov 23 shows a Bitcoiner paid a shocking transfer fee of 83 BTC approximately $3.1 million, a…

It’s Thanksgiving in the U.S. on Thursday (November 23, 2023) – a time for many Americans to embrace family, give thanks and come together around the festive table for a turkey dinner to mark the holiday. In order to get to their family or celebratory destination during what’s considered to…

Exchange-traded funds that buy bank stocks surged Tuesday after a reading on inflation was softer than Wall Street analysts expected. Shares of the SPDR S&P Regional Banking ETF KRE closed 7.4 % higher, booking their largest percentage increase since May, according to Dow Jones Market Data. The Invesco KBW Bank…

(Reuters) – U.S. dropped about 7% to a one-week low on Monday on record output and forecasts for mild weather to continue through late November, keeping heating demand low and allowing utilities to keep injecting gas into storage for at least a couple more weeks. “Near-term weather forecasts have been…