Dollar hits two-week low while battered yen stabilisesFederal Reserve officials, including U.S. central bank chief Jerome Powell, on Wednesday continued to focus on the need for more debate and...
04 Apr, 2024, 10.38 PM IST
Dollar index near highest level in four months; yen pinned close to 152The Japanese yen was last at 151.8 per dollar, little recovered from last week's slump to 34-year lows of 151.975, as the Bank of Japan's h...
03 Apr, 2024, 08.42 PM IST
Companies disclose expected fees for spot bitcoin ETFs ahead of SEC decisionTheir rates were well below the average rate that analysts had anticipated and that even some issuers had indicated would be the range.
09 Jan, 2024, 08.36 AM IST
Crypto market eyes interest rates and expected bitcoin ETFs in 2024Cryptocurrencies staged a recovery this year after a torrid 2022 in which a market meltdown and a string of scandals, including the collaps...
11 Dec, 2023, 09.34 PM IST
Dollar at 2-week high, euro softer as market bets on rate cutsThe dollar index, which measures the currency against six other majors, was last up 0.19% at 104.16. The euro was down 0.29% to $1.0764.
07 Dec, 2023, 08.06 AM IST
US will be forced to curtail crypto if industry fails to act on illicit finance threats: deputy treasury secretaryThe Biden administration on Tuesday sent a letter to Congress, requesting new legislation that would grant Treasury the authority to police...
30 Nov, 2023, 09.04 AM IST
US congressional committee set to weigh crypto billsAmong the legislation the House Financial Services Committee is scheduled to consider are a bill that would define when a cryptocurrency is...
26 Jul, 2023, 09.52 AM IST
Fed launches long-awaited instant payments service, modernizing systemThe US Federal Reserve has launched "FedNow", a payment service that aims to modernize the US payment system by enabling instantaneous tran...
20 Jul, 2023, 09.12 PM IST
US Fed set to launch long-awaited instant payments service, modernising systemFedNow is launching with 41 banks and 15 service providers certified to use the service, including community banks and large lenders like J...
20 Jul, 2023, 09.54 AM IST
US SEC accepts six spot bitcoin ETF proposals for reviewThe SEC also formally acknowledged applications from Bitwise, VanEck, WisdomTree, Fidelity and Invesco for similar spot bitcoin ETFs, with ...
19 Jul, 2023, 09.43 PM IST
Coinbase limiting staking service for retail customers in four statesCoinbase retail customers in California, New Jersey, South Carolina and Wisconsin will be unable to pledge new cryptocurrency to the exchan...
15 Jul, 2023, 10.57 AM IST
Cryptoverse: Hungry crypto exchanges fight for slice of American pieCrypto platforms are vying for dominance in the United States, the world's biggest market, following a regulatory crackdown that's shaken t...
11 Jul, 2023, 11.05 AM IST
Stablecoin Tether's reserves hit $81.8 billion in Q1 - reserves reportCrypto investors have flocked to the stablecoin in recent months, considering it to be a relatively safe haven during the turbulence of the...
11 May, 2023, 10.45 AM IST
Coinbase files legal challenge to push SEC to write rules on cryptoCoinbase has filed a petition urging the US Securities and Exchange Commission (SEC) to create new rules for digital assets. This process c...
25 Apr, 2023, 08.58 AM IST
Cryptoverse: Hooked on growth, bitcoin investors turn to smart tokensMarketVector's Smart Contract Leaders Index, which tracks major tokens of this kind - including ether, dot and solana - is up 36% in 2023, ...
07 Mar, 2023, 11.50 AM IST
Binance stablecoin backer says US SEC has labeled token an unregistered securityThe firm behind Binance's stablecoin, Paxos Trust Company, said the U.S. Securities and Exchange Commission (SEC) has told the company it s...
14 Feb, 2023, 08.20 AM IST
Princess Grace's Lamborghini, Elvis Presley's BMW: Luxury drives steal the show at Lake ComoThe show also featured $12.5 million Bugatti La Voiture Noire and the priceless BMW Garmisch.
27 May, 2019, 06.35 PM IST