FINANCE

Photo Credit: Getty Images
 
JPMorgan Chase has reversed course on Bitcoin. The nation's largest bank will now let clients buy the cryptocurrency, marking a significant turn for CEO Jamie Dimon, once its most vocal critic. Dimon made the announcement on May 19, during the bank's annual investor day, saying, "We are going to allow you to buy it. We're not going to custody it. We're going to put it in statements for clients."
Read more ... Add new comment

Photo Credit: Getty Images

The rapid adoption of DeepSeek, a budget-friendly chatbot from a Chinese AI company, has triggered a significant reaction in the US stock market. The app's swift rise to the top of free downloads, overtaking competitors like Chat within a week of its public release, has sparked concern in Silicon Valley. Shares of major AI-related tech companies, including Nvidia, Microsoft, and Meta, saw substantial declines on Monday.

Read more ... Add new comment

Photo Credit: Getty Images
 
In a landmark move that signals consolidation in the cryptocurrency industry, Coinbase announced Thursday its acquisition of derivatives exchange Deribit for $2.9 billion. The deal represents one of the largest transactions in crypto history and strategically positions Coinbase to expand its footprint in the lucrative options trading market.
Read more ... Add new comment

Photo Credit: Getty Images

Bitcoin has soared to a new all-time high, surpassing $106,000. This remarkable increase continues a rally that has seen the cryptocurrency's price climb over 50% following Donald Trump's victory in the 5 November election.

Read more ... Add new comment

Photo Credit: Getty Images
 
U.S. President Donald Trump announced the inclusion of five digital assets in a proposed strategic reserve. The selected cryptocurrencies—Bitcoin, Ethereum, XRP, Solana, and Cardano—saw their market values soar within hours of the revelation. Bitcoin alone surged over 11% to $94,164, while Ethereum jumped 13% to $2,516, according to data from CoinGecko. The overall crypto market cap spiked by over $300 billion in response.
Read more ... Add new comment

Photo Credit: Getty Images
 
The now-collapsed cryptocurrency exchange FTX has filed a lawsuit against Binance, the world's largest crypto exchange, and its former chief executive Changpeng Zhao. The legal action seeks to claw back a staggering $1.8 billion that FTX alleges was fraudulently transferred by its disgraced co-founder Sam Bankman-Fried.
Read more ... Add new comment

More Articles ...

  1. INFLATION IN EUROZONE REBOUNDS MORE THAN EXPECTED
  2. BOEING ANNOUNCES STOCK OFFERING TO RAISE UP TO $19 BN
  3. GOLDMAN SACHS SURGES 45% IN PROFIT, DRIVEN BY STRONG INVESTMENT BANKING AND TRADING IN Q3
  4. NAVIGATING INVESTMENT STRATEGIES IN A VOLATILE MARKET
  5. VENEZUELA ANNOUNCES A BAN ON BITCOIN MINING
  6. WHY FRANKLIN TEMPLETON IS MAKING HEADLINES
  7. BLOCKCHAIN CRYPTOCURRENCY
  8. ASIAN MARKETS REBOUND: RELIEF RALLY OR UNDERLYING STRENGTH?
  9. JP MORGAN'S ROLLER COASTER WEEK: SHARE PRICE DIPS
Page 1 of 3

MEMBER REGISTRATION/LOG IN

RECENT NEWS

LATEST JOB OFFERS

AROUND THE CITIES