New York Financial News

23.09 / 03:21

Climate change Countries mount scrutiny on Russia to stop nuclear threats at UN Security Council

US Secretary of State Antony Blinken called on all UN Security Council members to “send a clear message" to Russia that it must stop its nuclear threats in the war in Ukraine.

22.09 / 23:53

UPS Target Parke A Day After Fed Raises Rates, Reverse Repos Hit New Record

A wall of cash is continuing to flow into a central bank facility designed to help control short-term interest rates, even as officials expect activity there to decline over time.

22.09 / 14:47

Ripple XRP SEC Court Chamber of Digital Commerce gets approval to join the SEC vs Ripple lawsuit

A United States crypto advocacy group, the Chamber of Digital Commerce (CDC), has been granted approval from the Court of Southern District of New York to participate as an amicus curiae in the U.S. Securities and Exchange Commission (SEC) case against Ripple Labs. The status of “friend of the court” permits them to assist a court by providing information, expertise or insight.

22.09 / 13:22

Career Exchange Kraken exits Jesse Powell Exits Kraken CEO Position, COO Ripley Will Take the Reins

22.09 / 12:07

UPS Booking Platform Trip.com says China hotel bookings are surpassing pre-pandemic levels

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22.09 / 11:15

UPS Tether Bitfinex USDT reserves US Judge Demands Tether Comes Up with Records to Show it Has Claimed Cash Reserves

As part of the legal proceedings related to a market manipulation case that dates back to 2019, Katherine Polk Failla, a judge for the U.S. District Court for the Southern District of New York, has ordered Tether’s parent company to provide financial records for its USDT stablecoin.

22.09 / 09:47

Provident Tether Southern US court Holdings reserves US court orders Tether Holdings to prove sufficient reserves to back stablecoin

A judge for the Southern District of New York ordered the issuer of the largest stablecoin to produce financial records related to the backing of its coin, tether.

22.09 / 06:37

business Blockchain Binance CNBC reports FTX in talks with investors to raise $1B for further acquisitions — Reports

Sam-Bankman Fried’s crypto exchange FTX is reportedly engaged in talks with investors to raise $1 billion in new funding, as it looks to utilize extra capital for financial acquisitions during the bear market.

22.09 / 01:00

Binance Digital Platform Arrow Bankrupt lender Voyager gets top bids by these heavyweights

According to those with knowledge of the situation, FTX and Binance have offered the highest offers for the assets of defunct cryptocurrency lender Voyager Digital Ltd., VYGVQ -5.89%, but neither offer has yet been approved, Wall Street Journal reported.

22.09 / 00:21

markets business economics Interest rates Jerome Powell is prolonging our economic agony

Can we all agree that the Federal Reserve has a plan to combat runaway inflation? They do. Chair Jerome Powell has all but admitted it. After tempering his comments before previous rate hikes, allowing wiggle room which gave way to market rebounds, Powell has left no bones about this one. It is necessary to wreak some havoc on the economy and put downward pressure on the labor markets and wage increases to stop the creep of inflation. Whether you buy into that logic or if you believe — like Elon Musk — that such movements could result in deflation — doesn’t matter.

21.09 / 20:43

Provident Tether USDT Bitcoin Tether: Bitcoin inflation probe takes new turn; can USDT withstand the pressure

Tether [USDT] seems to have returned to hitting the rocks. In a new development, a New York court ordered Tether to provide its financial records to prove its innocence in a case that saw it cost crypto traders over $1 trillion.

21.09 / 18:11

Ripple XRP SEC Tamadoge Here Are 3 Reasons Ripple XRP Price is Set For an Enormous Explosion

XRP's price has fallen this year, as has the price of many other cryptocurrencies. The large-cap coin has dropped 52.3% since the beginning of the year, mirroring the overall declines of the cryptocurrency market, which is not surprising given its position.

21.09 / 13:51

Tether Bitfinex Court Bitcoin New York Judge orders Tether to document USDT backing

The judge for the United States District Court for the Southern District of New York, Katherine Polk Failla, ordered Tether to prove 1-to-1 backing of its eponymous stablecoin, Tether (USDT). The company is required to provide “general ledgers, balance sheets, income statements, cash-flow statements, and profit and loss statements” and other documents to the court.

21.09 / 09:21

Climate change Man set himself on fire amid outcry over Shinzo Abe's state funeral plans

A man set himself on fire near the Japanese prime minister's office in Tokyo early Wednesday in a sign of protest against the state funeral for former leader Shinzo Abe.

21.09 / 00:37

'Polluters must pay': UN chief calls for taxes to help climate victims at world leader's meeting

Under the shadow of the war in Ukraine, and a worldwide energy and food crisis, world leaders are gathered in New York for the United Nations General Assembly this Tuesday.

20.09 / 16:25

Queen Elizabeth II Royal Family end Ukraine war: Kremlin 'wants to end' conflict, Kyiv counteroffensive and Russia referendum calls

1. Kremlin 'wants to end the war as soon as possible', claims Erdogan

20.09 / 14:05

business Ethereum Court Bitcoin Alameda Research ‘happy to return’ $200M loan to Voyager Digital

Quantitative trading company Alameda Research will return an estimate of $200 million to Voyager Digital, which is proceeding through bankruptcy. Alameda borrowed the funds in cryptocurrencies in September 2021. At that time, the sum was close to $380 million.

20.09 / 12:33

Queen Elizabeth II European Commission Royal Family Ukraine war and its fallout set to dominate United Nations meeting

Russia's invasion of Ukraine is set to dominate the first in-person meeting of the United Nations General Assembly in three years.

19.09 / 06:23

business Blockchain Ripple XRP Ripple, SEC case heads for conclusion after 'summary judgment' filed

The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have both called for a federal judge to make an immediate ruling on whether Ripple’s XRP sales violated U.S. securities laws.

17.09 / 12:15

Ripple XRP Time Why XRP Price is up 7.5% to $0.3498 - Is it Time to Buy?

During the European session, the XRP price is up 7.5%, bringing nostalgic price action back to the market. More than 4.3 million unique addresses now hold XRP, Ripple's native token. Despite facing its own set of difficulties and the persistent Crypto Winter that has driven several assets to multi-month lows, the XRP coin has reached this milestone.

16.09 / 22:59

Platform CoinMarketCap Southern Did the Celsius liquidity plea trigger CEL’s 34% freefall?

Crypto lending firm Celsius [CEL] seems to be committed to restoring its lost reputations and getting back to full operation. In its latest filing with the New York Southern District Bankruptcy Court, the company pleaded that the court allowed it to sell its stablecoin holdings.

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