Usa Financial News

Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________

the RCMP in Toronto arrested Daixiong He, 68, of Richmond Hill, Ont., and charged him with uttering counterfeit money and possession of counterfeit money. The Mounties seized 10,000 allegedly fake Toonies during that investigation.

(Reuters) — Car companies with production facilities in the United States are bumping up pay for their non-union workers after the United Auto Workers (UAW) secured record wage hikes and benefits for union workers at the Detroit Three automakers.

By Juveria Tabassum and Juby Babu

Investing.com — Oil prices retreated Tuesday, handing back some recent gains amid caution ahead of the weekend’s eagerly-awaited meeting of a group of top producers. 

Cryptocurrency lending firm Celsius said its reorganized company will focus only on Bitcoin mining following feedback from the United States Securities and Exchange Commission (SEC).

Artificial intelligence (AI) and blockchain are emerging digital technologies that have captured the public imagination but also raised serious concerns.

(This is a breaking story. Please come back for further details)Milestone Alert!Livemint tops charts as the fastest growing news website in the world

Dallas, United States & Bengaluru, Karnataka, India – Business Wire India Capillary Technologies, a Bengaluru headquartered customer loyalty technology company has been a dominant player in the Asia market for more than a decade. It expanded globally in 2021 and today, the company announced a 4X growth in the last 3 years in the US market.

Good Morning America (GMA) for over three weeks, Michael Strahan has returned to the show. Following his return, the well-known broadcaster refrained from discussing the details of his absence on the GMA show. Co-hosts George Stephanopoulos and Robin Roberts expressed their happiness at having him back on the program. Roberts began the show with poignant comments: «Can I just say we have tears of joy because we have Michael back here at the desk with us?» In response, Strahan said, «It is great to be back with both of you… and it’s great to see Jeremy Renner conquering another mountain or hill as he’s on his way to recovery.» He returned to the show with ease, interviewing actor Chris Pine and others of «The Hunger Games: The Ballad of Songbirds & Snakes» cast. Reports in the media stated that Strahan took a break to attend to «personal family matters.» No additional details regarding Strahan's extended absence were disclosed during the two-hour broadcast.

United States next year, US President Joe Biden and Vice President joined Instagram’s Threads. The move of joining 'Threads' comes after the White House commented on recent Elon Musk’s antisemitic controversy where he shared a conspiracy theory on X.

Long-term financial goals are losing their priority status to immediate need as millions of Americans grapple with the cost of living.

Nearing the end of a tumultuous year for assets in developing countries, emerging-market currencies are poised for the best performance since 2017 as a late rally pushes investors to lock in higher yields while they still can.

For investors stashing record sums in cash, US bond managers overseeing a combined $2.5 trillion have a bit of advice: It’s time to put that money to work.

DLF building and services private Ltd, a DLF group entity has bought about 31,254 sq ft of premium office space at Horizon Centre on Golf Course Road in Gurgaon for Rs 81 crore, documents accessed through FloorTap.com, a market-place for commercial properties shows. The building is the costliest office space tower in Gurgaon.

West Bengal Chief Minister Mamata Banerjee on Tuesday announced a slew of new policies including plans to double the state's exports, modernise its logistics and promote renewable energy manufacturing, while opening the Bengal Global Business Summit here. Banerjee also announced a policy to promote bio-fuels and a new sub-sea cable landing station at the sea-resort of Digha to help improve internet connectivity in the eastern region.

BNB (6.8%), and Cardano (0.6%) were trading in the green, while XRP (-1.7%), Solana (-6.7%), Dogecoin (-3.8%), Chainlink (-4.4), and Avalanche (-7.5%) were trading in the red. Meanwhile, the global cryptocurrency market cap increased by 0.08% to around $1.42 trillion in the last 24 hours. At 11.23 a.m., BTC was trading 0.6% higher at $37,354. In the last 24 hours, the market cap of Bitcoin, the world's largest cryptocurrency, surged to $730 billion. «Bitcoin is currently trading at the $37,400 level as investors anticipate updates from today's US FOMC meeting. Notably, Bitcoin has achieved a remarkable growth of over 126% since the beginning of the year. Concurrently, Ethereum sustains its position above the $2,000 threshold amidst discussions about the Spot ETH ETF applications in the US,» said Edul Patel, CEO of Mudrex.

BNB, the cryptocurrency at the heart of the Binance exchange ecosystem, rose as much as 8.5% on optimism that the world’s largest cryptocurrency exchange may be putting some its regulatory issues behind it. The US Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a proposed resolution of a years-long investigation, Bloomberg News reported. Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to people familiar with the discussions. “I would say it’s a relatively bullish event as it lifts a lot of uncertainty overhang which has been hanging over the market and is not a worst case scenario and doesn’t impact market in a disorderly way directly,” said Shiliang Tang, co-founder of crypto principal trading firm Arbelos Markets. BNB is the native token of the Binance exchange as well as BNB Chain, a blockchain Binance started. It rose to as high as $266.42.

BEIJING — Chinese tech giant Baidu reported Tuesday third-quarter revenue that beat expectations, although growth was slower than during the previous three months.

Crypto community members on X (formerly Twitter) have turned their focus to a $3.9 billion Tether (USDT) transaction between Binance wallets that surfaced on social media following reports claiming the United States Department of Justice (DOJ) is negotiating a $4 billion settlement with the company. 

Blockchain Association, the crypto advocacy group, has filed an amicus brief with the US Office of Foreign Assets Control (OFAC).