Money Financial News
19.11 / 00:45
Money
Bitcoin Price
With Bitcoins zooming, early wallets are suddenly becoming more active
The latest, according to a post on X from blockchain analytics platform Spot On Chain, happened on 15 November, when a «Satoshi-era Bitcoin wallet holding 2,000 BTC ($178 million) woke up after 14 years of dormancy.»
06.11 / 10:47
Money
Money laundering
virtual digital assets
Will
How political discourse influences Virtual Digital Assets regulations
VDA regulations in India VDA encompasses various kinds of digital assets. In India, VDA was formally recognised in March 2023, after the Ministry of Finance brought VDA under the Prevention of Money Laundering Act (PMLA). It mandates that all the VDA service providers operating in India should register with the Financial Intelligence Unit-India (FIU-IND) to combat money laundering and terrorist financing.
25.06 / 09:49
Money
sanctions
Bank
insider trading
Italy boosts crypto risk oversight and toughens sanctions, draft shows
Italy plans to adopt measures to beef up surveillance over risks tied to cryptoassets, including high fines for those who manipulate the market, a draft decree reviewed by Reuters showed on Thursday. The decree, due to be approved by cabinet later on Thursday, lays out fines of between 5,000 and 5 million euros ($5,400-$5.4 million) for insider trading, unlawful disclosure of inside information or market manipulation.
18.05 / 07:11
cryptocurrency
wallet
Exchange
Fraud
Money
Bank
Fraud, crypto & wallet: A virtual hold for a real crime
money robbed in a cyber attack and laundered are parked in cryptos, the idea of a 'designated official wallet' to hold and ring fence crypto currencies bought with the proceeds of crime has cropped up. Soon after a transaction by a scammer or the use of a mule account to purchase cryptos is tracked, the virtual digital assets (VDAs) can be moved to the proposed special account which would be under the control of a law enforcement agency (LEA).
06.03 / 20:33
cryptocurrency
ETF
Money
interest rate
Bitcoin
Bitcoin back on the rise after vaulting to new record
Bitcoin rallied again on Wednesday after retreating briefly from an all-time high it set less than 24 hours earlier, as bulls showed few signs of pulling their bets on the world's largest cryptocurrency. Bitcoin jumped 5% during the Asian session to an intraday peak of $66,540 in volatile trading, not too far from Tuesday's record high of $69,202. It was last 4% higher at $65,946.
04.12 / 10:33
BlackRock
Money
Bitcoin
ETFs
Crypto Winter Thaws: The dawn of Bitcoin ETFs led by BlackRock
BlackRock, the world's preeminent asset manager with over $9 trillion in assets under management, has recently filed for a Bitcoin spot ETF. This move sent shockwaves across the financial world and prompted other industry giants like Fidelity, Invesco, Wisdom Tree, Bitwise and VanEck to follow suit. The development is ironic considering BlackRock CEO Larry Fink dismissed Bitcoin as little more than an index for global money laundering in 2018. The market celebrated BlackRock's change of heart, propelling Bitcoin's value past the $35,000 mark, up 100% since the start of the year. An Exchange-Traded Fund (ETF) is a versatile investment vehicle that has gained immense popularity among investors. Unlike a traditional stock, which gives you ownership in a single company such as TCS, Infosys, or Wipro, an ETF is a diversified collection of stocks or other assets. Imagine a basket named TIW that holds shares from TCS, Infosys, and Wipro. This basket is then listed on a stock exchange like the NSE, making it accessible to the general investing public. The term «Exchange-Traded Fund» is derived from the fund's ability to be traded openly on an exchange, just like individual stocks.
16.09 / 07:23
economy
stocks
stock market
Money
TSX
Toronto Stock Exchange
tsx s&p
fall
S&P/TSX composite ekes out small gain Friday, U.S. markets fall
Strength in battery metals and financial stocks helped Canada’s main stock index eke out a small gain Friday, while U.S. markets fell, led by losses in tech.
05.09 / 18:43
economy
stocks
stock market
Money
TSX
Toronto Stock Exchange
tsx s&p
S&P/TSX composite down in late morning trading, U.S. stock markets mixed
Canada’s main stock index was down in late-morning trading as losses in base metals and utilities helped lead the way lower, while U.S. stock markets were mixed.
30.08 / 16:29
economy
stocks
stock market
Money
TSX
tsx s&p
S&P/TSX composite up in late morning trading as energy and tech stocks rise
Strength in energy and technology stocks helped Canada’s main stock index climb in late-morning trading, while U.S. stock markets also rose.
29.08 / 20:29
economy
stocks
stock market
Money
TSX
Toronto Stock Exchange
tsx s&p
Tech and base metal stocks help S&P/TSX composite gain more than 150 points
Gains in the technology and base metal sectors helped lead a broad-based rally as Canada’s main stock index rose more than 150 points, while U.S. stock markets also pushed higher in late-morning trading.
28.08 / 19:17
economy
stocks
stock market
Money
TSX
Toronto Stock Exchange
tsx s&p
S&P/TSX composite up more than 150 points, U.S. stock markets also rise
Strength in energy stocks as the price of oil topped US$80 per barrel helped lead a broad rally on the Toronto Stock Exchange as Canada’s main stock index rose more than 150 points, while U.S. stock markets also climbed higher.
25.08 / 20:01
economy
stocks
stock market
Money
TSX
Toronto Stock Exchange
tsx s&p
S&P/TSX composite down, U.S. stock markets after Powell speech
Canada’s main stock index was down in late-morning trading, while U.S. stock markets were mixed following a speech by U.S. Federal Reserve chair Jerome Powell who said upcoming decisions on interest rates will be based on what the incoming data says about inflation and the economy.
23.08 / 19:03
economy
stocks
stock market
Money
TSX
Toronto Stock Exchange
tsx s&p
S&P/TSX composite up more than 150 points, U.S. stock markets also climb higher
Technology stocks helped lead a broad-based rally as Canada’s main stock index rose more than 150 points in late-morning trading, while U.S. stock markets also climbed higher.
22.08 / 16:51
economy
stocks
stock market
Money
TSX
Toronto Stock Exchange
tsx s&p
S&P/TSX composite down in late morning trading, U.S. stock markets mixed
Losses in the financial sector helped lead Canada’s main stock index lower in late-morning trading, while U.S. stock markets were mixed.
21.08 / 16:43
economy
stocks
stock market
Money
TSX
Toronto Stock Exchange
S&P/TSX composite down in late morning trading, U.S. stocks mixed
Losses in the utility, financial and telecommunications sectors weighed on the Toronto Stock Exchange in late morning trading as Canada’s main stock index moved lower, while U.S. stock markets were mixed.
17.08 / 01:25
economy
stocks
stock market
Money
stock markets
TSX
tsx s&p
Energy sector helps keep S&P/TSX flat Wednesday, U.S. stock markets down
Strength in the energy sector helped buoy Canada’s main stock index to close flat on Wednesday while U.S. markets moved lower.
14.08 / 21:43
economy
stocks
stock market
Money
TSX
Toronto Stock Exchange
tsx s&p
S&P/TSX composite down more than 100 points, U.S. stock markets rise
Canada’s main stock index closed down more than 100 points Monday on broad-based weakness, while U.S. stock markets rose after a day of mixed trading.
11.08 / 19:13
economy
stocks
stock market
Money
TSX
Toronto Stock Exchange
tsx s&p
index
week
S&P/TSX composite index inches up as week long rise levels off, U.S. markets mixed
Canada’s main stock market index crawled upward Friday morning, buoyed by energy and telecom stocks and restrained by tech and metals, while U.S. markets were mixed.
10.08 / 20:55
economy
stocks
stock market
Money
TSX
Toronto Stock Exchange
tsx s&p
index
S&P/TSX composite index keeps climbing on Thursday, U.S. markets also rise
Canada’s main stock market index posted a small gain Thursday as it continued its climb this week, helped by strength in financial, telecom and technology stocks, while U.S. markets also rose after the latest inflation report.
09.08 / 18:11
economy
stocks
stock market
Money
TSX
Toronto Stock Exchange
tsx s&p
index
S&P/TSX composite index ticks back up on Wednesday morning as U.S. markets droop
Canada’s main stock market inched upward in trading on Wednesday, rebounding slightly from the day before even as U.S. markets sagged.
08.08 / 20:27
economy
stocks
stock market
Money
TSX
Toronto Stock Exchange
tsx s&p
index
S&P/TSX composite index dips alongside U.S. markets in Tuesday morning trading
Canada’s main stock market nudged southward in late-morning trading, in line with a bigger dip in U.S. markets.
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