Relief at the dovish pause by the Fed helped cryptocurrencies bounce more than 1.5 percent in the past 24 hours to a market capitalization of $1.3 trillion. The Federal Reserve maintained rates at a 22-year high but hinted at a potentially prolonged pause, causing global markets to cheer the Fed’s […]

Established in 1868, St.Galler Kantonalbank (SGKB) was created to serve the banking needs of the local residents and small to medium-sized enterprises within the Canton of St. Gallen, thereby bolstering the region’s economic development. SGKB has announced the introduction of cryptocurrency trading services, starting with Bitcoin and Ether. This initiative […]

Bitcoin’s (BTC) bullish momentum has spread to the broader crypto market this week, with all major cryptocurrencies booking impressive gains. BTC, the leading digital currency, surged by almost 15% in the past 7 days, reaching a high of $35,000 before consolidating at around $34,358 Sunday. This remarkable performance came as […]

Shares of cosmetics company The Estee Lauder Companies Inc. (EL) are falling more than 20% Wednesday morning after the company lowered its full-year outlook. For the full year, the company now expects adjusted EPS to be in the range of $2.17- $2.42, lower than the previous outlook of $3.50 – […]

Markets digested the contraction in GDP as well as the decline in inflation in the Euro Area as well as the contraction in China’s manufacturing PMI. Uncertainty ahead of the monetary policy review of the Federal Reserve and the Bank of England also lingered. Wall Street Futures are trading on […]

Cryptocurrencies gained more than 1 percent in the past 24 hours as hopes of an ETF-led infusion into the digital assets market buoyed crytpo sphere. Overwhelming expectations of a pause by the Fed in its review to be announced on November 1 also supported sentiment. Overall crypto market capitalization increased […]

Cryptocurrencies declined close to a percent in the past 24 hours amidst an agonizing wait for regulatory approval from the Securities and Exchange Commission for a Bitcoin-Spot ETF. Anxiety ahead of the monetary policy decision by the Fed also dampened sentiment in the digital assets market. Data released on Thursday […]

Bitcoin has experienced a remarkable rally, surging by approximately 30% in the past month. The most notable price spikes occurred in the last two weeks, driven by growing enthusiasm surrounding Bitcoin spot ETFs and significant regulatory developments, including pivotal rulings in the SEC vs. Ripple lawsuit. On Wednesday, Bitcoin breached […]

JPMorgan strategists, led by Nikolaos Panigirtzoglou, feel quite certain the U.S. Securities and Exchange Commission (SEC) could face lawsuits from applicants should the regulator decide to reject spot Bitcoin exchange-traded fund (ETF) applications currently sitting on its desk. Although highly unlikely, the analysts believe a rejection of spot crypto ETFs […]

On 25 October 2023, Anthony Pompliano, the founder of Pomp Investments and co-founder of Morgan Creek Digital Assets, appeared on CNBC’s “Squawk Box” to discuss various aspects of Bitcoin with co-anchor Joe Kernen. The conversation touched on Bitcoin’s recent price surge past $35,000, the ongoing status of Bitcoin ETFs, and […]