New York Financial News
03.11 / 13:21
03.11 / 10:23
Crypto Trading
crypto news
Commonwealth Bank of Australia
Australia's CBA breaks ranks to offer crypto trading
Commonwealth Bank of Australia will become the country's first to offer retail clients crypto services, Australia's largest bank said on Wednesday, marking a change from the sector that had refused to do business with cryptocurrency providers. Starting with a pilot this year, Commonwealth Bank will partner with Gemini Trust Company LLC, a New York-based crypto exchange, to offer trading in 10 cryptocurrencies through its banking app, which is used by about 6.4 million customers.
02.11 / 17:09
Apollo asset sales drive record cash for shareholders
Apollo Global Management reported lower third-quarter profit, but the portion of its earnings that it could hand back to shareholders climbed to a record level.
02.11 / 12:57
Facebook
Digital
coinbase
rebrand
Metaverse's MANA Token Price Leaps after Facebook Rebrand to Meta
Citing data from Coinbase, the New York Post reported on Oct 31 saying that the price of a MANA token, which can be used in a metaverse leapt 164% in 12 hours.
01.11 / 21:21
business
Adoption
Amazon
services
Amazon job posting hints company’s Web Services are preparing to adopt crypto
Major online retailer Amazon’s IT service management company may be considering driving adoption in the digital asset space among its customers.
01.11 / 16:53
Blockchain
Twitter
Reddit
Bitcoin
acquires
NYDIG acquires Bitcoin micropayments firm Bottlepay
Bitcoin (BTC) investment firm New York Digital Investment Group, or NYDIG, has announced the acquisition of United Kingdom-based micropayment service Bottlepay for an estimated fee between $280 million and $300 million.
31.10 / 13:05
cryptocurrency
Ether price
Ether
Bitcoin
record high
Ethereum jumps to record high amid crypto’s decentralized boom
By Eric Lam and Crystal Kim Ether, the second-largest cryptocurrency, soared to a record above $4,400 Friday on bullish sentiment surrounding the most used blockchain network. The digital asset gained as much as 4.8% to $4,459.20, topping the previous record of $4,379.62 in May. The token traded around $4,387 as of 2:41 p.m. in New York. Other tokens including Binance Coin and Solana rallied. Ether is now worth more than $520 billion, according to data from CoinGecko.com.
29.10 / 18:15
Adoption
regulation
lending
Crypto lending firms on the hot seat: New regulations are coming?
A number of states in the United States, including Kentucky, Texas, Alabama, Vermont, New Jersey and, most recently, New York have been cracking down on crypto lending. Depending on one’s perspective, these can amount to acts of collective desperation or a foretoken of things to come.
29.10 / 16:31
UPS
tax cuts
Democrats Consider Tax Cuts for Many High Earners in New York, New Jersey and California
WASHINGTON—High-income coastal professionals look likely to emerge as significant winners from the Democrats’ proposed tax agenda, escaping rate increases and regaining a deduction for state and local taxes that was capped at $10,000 in 2017.
29.10 / 09:07
business
Mining
Activism
Environment
Stoush over Greenidge miner's legal threats to activists over ‘false' claims
Greenidge Generation LLC, an upstate New York-based Bitcoin (BTC) mining firm has reportedly threatened legal action over repeated “demonstrably false” claims from local activists.
28.10 / 12:03
UPS
ETF
Landmark
Bitcoin
Bitwise
Bitwise CIO claims his investment products are better than futures-based ETFs
Last week marked a landmark for the cryptocurrency industry, as the very first ETFs backed by Bitcoin Futures were launched on the New York Stock Exchange. The US’ first Bitcoin ETF by ProShares hit more than $1 billion in assets under management in around 48 hours of being listed. This made it the most successful ETF launch of all time. With more ETFs lined up to be released and even more waiting for approval, understanding and retaining investor interest is the top priority for these funds.
28.10 / 11:49
ETF
SEC
NYSE
Bitcoin
Volt Equity’s ‘Bitcoin revolution’ ETF goes live on NYSE today
The New York Stock Exchange (NYSE) continues listing Bitcoin (BTC)-linked exchange-traded funds (ETF), with Volt Equity becoming the latest company to debut such a product on the exchange.
27.10 / 16:05
Fed Bankers Face Penalties for Ethical Breaches Under Senate Proposal
A group of Senate Democrats plans to introduce legislation that would penalize Federal Reserve officials who fail to adhere to a new ethics code made public by the central bank last week.
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