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Regulatory Series on Cryptocurrencies: Crypto Dad lauds CFTC’s new chairman

Jun 07, 2019 05:36 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Bitcoin aspirants seem littlecontemplative and sad to know that the pro-crypto visionary at CFTC (Commodity Futures Trading Commission) chairman Christopher Giancarlo is stepping down and paving a way for a new person on...

FxWirePro: Options trades to hedge Mexican peso amid trade negotiation

Jun 06, 2019 13:58 pm UTC| Research & Analysis

According to US President Donald Trump, not enough progress has so far been made with the Mexican delegation in the negotiations on stemming the flow of illegal immigrants and drug smuggling. The negotiations are to resume...

FxWirePro: After stern bearish engulfing WTI crude on the verge of hitting fresh 18-months’ lows – Uphold directional hedging

Jun 06, 2019 13:43 pm UTC| Research & Analysis Technicals

Theprevious month (May19) has beenapprehensive trading for crude oil. The price trend of global benchmark, WTI futures, dropped considerably more than 15.91% last month, evidencing its worst monthly performance of...

Regulatory Series on Cryptocurrencies: IOSCO, the international regulator perceives cryptocurrency as security and needs clarity in defining

Jun 06, 2019 12:09 pm UTC| Research & Analysis Digital Currency Insights & Views

It is quite known that Fintech/Cryptocurrency/Blockchain has been one of the swiftly growing sectors.There has been a rapid surge of late in the number of FinTech start-ups across the globe over the recent years and the...

Digital Currency Revolution Series: BCH Appears To Be Next Banking-Friendly After Ripple

Jun 06, 2019 10:57 am UTC| Research & Analysis Digital Currency Insights & Views

We have already reported the growing popularity of Ripple majorly based on a reputation of banks cryptocurrency. But, a great deal of clarity as to what exactly the Ripple ecosystem entails, about the mechanism of its...

Regulatory Series on Cryptocurrencies: US SEC Sues Kik For Unauthorized Security Token

Jun 06, 2019 08:48 am UTC| Research & Analysis Digital Currency Insights & Views

The US Securities and Exchange Commission (SEC) and its staff have spent a significant amount of time focusing on the blockchain and crypto-assets with a slightly reluctant mode and that is a trend lingering...

FxWirePro: Spotlight on EUR/USD’s interim rallies, major drivers and options strategy

Jun 06, 2019 08:23 am UTC| Research & Analysis

Bearish EURUSD scenarios: 1) The economy bottoms only very gradually, failing to reach 1.5% growth by mid-year, 2) Trump threatens Euro car imports with tariffs following the 232 reports into the industry. 3)...

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Economy

Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth

Vietnam recorded a notable month-on-month decline in trade activity in November, according to new data from the National Statistics Office (NSO). Exports fell 7.1% from October, reaching $39.07 billion, while imports...

Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook

Fitch Ratings has reaffirmed Austrias Long-Term Foreign-Currency Issuer Default Rating at AA with a Stable Outlook, underscoring the countrys strong economic fundamentals despite rising fiscal pressures. According to the...

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

The upcoming Federal Reserve meeting is shaping up to be one of the most closely watched and contentious in years, with investors focused on how divided policymakers are over a potential interest-rate cut and the signals...

U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut

U.S. stocks ended higher on Friday as a softer inflation reading strengthened expectations that the Federal Reserve could move forward with an interest-rate cut next week. The SP 500 climbed 0.2%, the Dow Jones Industrial...

U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut

U.S. stocks closed the week with modest gains on Friday, as investors weighed a wave of delayed economic data and maintained strong expectations for a Federal Reserve interest rate cut at next weeks policy meeting. Despite...

Politics

CFPB to Review Anti-Discrimination Policies and Fair Lending Rules Amid Policy Shift

The U.S. Consumer Financial Protection Bureau (CFPB) is preparing to convene its Consumer Advisory Board next week to review major policy changes, including a controversial proposal to scale back long-standing...

Supreme Court to Review Legality of Trump’s Birthright Citizenship Restrictions

The U.S. Supreme Court has agreed to examine the legality of President Donald Trumps directive aimed at restricting birthright citizenship, a move that could redefine a long-standing interpretation of the 14th Amendment....

Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses

Australia has announced new financial sanctions and travel bans against four senior officials of Afghanistans Taliban government, citing the worsening human rights situation in the country, particularly the escalating...

U.S. Appeals Court Rules Trump Can Remove Members of Key Federal Labor Boards

A U.S. appeals court has ruled that President Donald Trump had the authority to dismiss Democratic members of two major federal labor boards, marking a significant win for efforts to expand presidential control over...

Trump Backs Review of U.S. Childhood Vaccine Schedule After Hepatitis B Policy Change

President Donald Trump on Friday expressed support for a major shift in U.S. vaccine policy after government advisers voted to eliminate the long-standing recommendation that all newborns receive the hepatitis B vaccine at...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...