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The recent conflicts in Ukraine and Israel have led to a sharp surge in the stock prices of publicly-listed defense companies. Amid this, it seems U.S. government officials are not just supporting significant war expenses but are also reportedly benefiting financially from investments in defense companies like Palantir, L3Harris, Lockheed Martin, and Northrop Grumman. The […]

Evergrande, a significant player in the Chinese real estate sector, has found itself in a financial predicament that has sent shockwaves far and wide. The company's woes have been linked to a wave of panic and a subsequent bank run in northern China, specifically in the Bank of Cangzhou. The latter widely rumoured to have

Recent developments suggest that the U.S. securities regulator missed its chance to challenge a court ruling concerning Grayscale’s spot bitcoin ETF application. The Securities and Exchange Commission (SEC) had a 45-day window to file an appeal, but reports ahead of the deadline indicated that the agency did not intend to fight the ruling. This development

Ferrari, the renowned Italian luxury sports car manufacturer, is reportedly accepting cryptocurrency as a payment option. This strategic move is attributed to demands from the market and various dealers, opening up opportunities to connect with potential customers who can afford a Ferrari but have not yet become clients. Ferrari's Crypto Journey Commences Ferrari, the prestigious

Coinkite, a leading name in the bitcoin industry, recently unveiled their newest product, Satslink. This under-production gadget ingeniously intersects multiple areas of communication and mobile technology, providing developers with the power to design a myriad of unique applications. Unlocking Endless Possibilities for Developers Unlike other products that rely on a predetermined framework, Satslink utilizes open,

Marking a significant turn of events, the U.S. Securities and Exchange Commission (SEC), the primary governing body for securities in the United States, has opted not to contest a recent court ruling favoring Grayscale Investments' plans to convert its Bitcoin product into an Exchange-Traded Fund (ETF). This information comes from a confidential source and was

Bitcoin and Ethereum, two of the industry's leading cryptocurrencies, continue to tread cautiously as market participants eagerly anticipate the release of the Federal Open Market Committee (FOMC) minutes. The FOMC report is a significant economic indicator which can potentially steer the broader financial market, including cryptocurrencies like Bitcoin and Ethereum, in the near term. Bitcoin's

In today's volatile trading session, Bitcoin (BTC) slid into a ten-day trough. With the ongoing legal proceedings involving Sam Bankman-Fried (SBF), and the imminent release of the U.S. Producer Price Index – a critical inflation indicator – the crypto market is witnessing a decline. The SBF Trial and Its Impact on Bitcoin Bitcoin, the world's

Sam Bankman-Fried, the past CEO of FTX, is currently in the midst of a fraud case. The accusation? Instructing staff members to misuse FTX client resources and obscuring financial vulnerabilities from lenders. This revelation came to light during a hearing from Caroline Ellison, the former CEO of Alameda Research. The Unraveling of Deceit: Caroline Ellison's

The recent cryptocurrency market trends paint a picture of volatility with Polygon (MATIC) witnessing a downward trend for the fourth day in a row, hitting a ten-day low. Meanwhile, Cosmos (ATOM) displayed a strong rebound, bouncing back from its lowest point since mid-September. A Closer Look at Polygon's (MATIC) Performance Polygon (MATIC) continued its recent