Demand Financial News
23.04 / 09:40
supply
inflation
Bank
interest rate
Demand
Worsening US debt outlook seen more in gold and bitcoin than in bonds
The U.S. budget deficit widened to $1.7 trillion in fiscal year 2023 and is on track to reach $2.6 trillion by 2034, according to the Congressional Budget Office. U.S. government debt held by the public, meanwhile, is on pace to reach a record 106% of gross domestic product (GDP) in 2028, up from 97% in fiscal year 2023. It has soared to $27 trillion from $17 trillion in early 2020 and $5 trillion in 2007.
22.03 / 04:17
Derivatives
Demand
Will
equity
Acquisition
Cryptocurrency exchange Kraken to buy Ninja Trader for $1.5 billion
The acquisition comes at a time the crypto industry is optimistic about more relaxed regulation under U.S. President Donald Trump, who courted crypto donors during the election and promised to support the sector.
23.11 / 02:35
16.06 / 13:53
markets
Capital
Demand
Debt
Spot Price
MicroStrategy may extend surge as investors embrace bitcoin strategy, says Bernstein
The company's stock has more than doubled this year, while bitcoin has gained more than 50%, fueled by the U.S. securities regulator's January approval of exchange-traded funds (ETFs) tied to the spot price of the cryptocurrency.
18.04 / 03:57
markets
asset
Demand
equity
Hong Kong gives initial approval to first bitcoin, ether spot ETFs, say funds
At least three offshore Chinese asset managers will launch the virtual asset spot ETFs soon.
28.02 / 11:13
Social Media
supply
stocks
Payment
Demand
Bitcoin scorches past $57,000 as big buyers flock in
Bitcoin has rallied more than 10% in two sessions, helped by Monday's disclosure from crypto investor and software firm MicroStrategy that it had recently purchased about 3,000 bitcoins for an outlay of $155 million.
22.05 / 12:01
Bankruptcy
Capital
DappRadar
Demand
Bankrupt crypto
NFTs belonging to bankrupt crypto firm fetch nearly $2.5 million at auction
Arrows Capital sold for about $2.5 million. Of the tokens, «Fidenza #725,» an image with graphic dashes and curves in a muted palette of cream, yellow, pink and black, fetched the highest price at over $1 million. Three Arrows Capital purchased it for 135 ether in 2021, equal to about $341,786 at the time, according to DappRadar. The auction was part of liquidating Three Arrows, according to a February memo from Teneo, one of the court-appointed liquidators. Singapore-based Three Arrows was the first major crypto firm to go bankrupt in 2022, brought down by the collapse of cryptocurrencies Luna and TerraUSD. It filed for bankruptcy in the British Virgin Islands in late June 2022.
02.05 / 09:09
supply
asset
Capital
Demand
Put
SEC looks down on UpToken, imposes crypto fines
asset called UpToken. Friday's settlement resolves claims that Coinme's Up Global unit and Neil Bergquist, who led both entities, misled investors in a late 2017 initial coin offering for UpToken, which was issued on the Ethereum blockchain. The SEC said investors were led to believe Up Global would limit the supply of UpToken, while Coinme would create constant demand for UpToken to fund a bitcoin automated teller machine rewards program, helping boost UpToken's price. According to the regulator, the claims were misleading because Up Global had quietly conducted transactions that reduced Coinme's need for UpToken.
what you should know about Demand
What is Demand and why is it relevant?
Demand is a significant category that draws public attention. On our site, we regularly publish articles related to this subject.
Where can I find the latest updates on Demand?
All recent news about Demand can be found in the highlighted block. We publish information as it becomes available.
How can I verify the accuracy of information on Demand?
We consult with professionals to ensure that the information about Demand is reliable and valuable for our readers.
