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Market Overview - Page 232


Bitcoin Tops $28K for 1st Time, Hours After Crossing $27K; Market Cap Now Exceeds $500B
Bitcoin Tops $28K for 1st Time, Hours After Crossing $27K; Market Cap Now Exceeds $500B

Recently, BTC has been leaving a string of broken records in its wake after passing the psychologically key $20,000 mark for the first time on Dec. 16. In the last several days BTC seems to found yet another gear, breaking.

SEC vs. Ripple: A predictable but undesirable development
SEC vs. Ripple: A predictable but undesirable development

The U.S. Securities and Exchange Commission has not been kind to crypto in the past year. In March 2020, in the SEC v. Telegram case, the Commission won a worldwide injunction against the proposed issuance of Grams by Telegram, undoing.

Thailand records 3,000 foreign tourists in November as ban eases
Thailand records 3,000 foreign tourists in November as ban eases

Thailand recorded 3,065 foreign tourists in November, official data showed on Monday, in its second month of receiving long-stay visitors after a ban was imposed in April to keep coronavirus infections under control. The 3,065 foreign tourists in November is.

Analysis: Tech’s reign over U.S. stock market to be tested in 2021
Analysis: Tech’s reign over U.S. stock market to be tested in 2021

Investors are weighing how big to go on U.S. technology stocks in the coming year, as pricier valuations, regulatory risks and a revival of the market’s beaten-down names threaten to dim their allure. A surge in technology and internet-related shares.

Dow futures rise more than 100 points as Wall Street set to enter last week of 2020
Dow futures rise more than 100 points as Wall Street set to enter last week of 2020

Stock futures rose slightly in overnight trading on Sunday ahead of the final trading week of 2020. Futures on the Dow Jones Industrial Average rose 149 points. S&P 500 futures and Nasdaq 100 futures also traded in mildly positive territory..

Alibaba shares plunge as much as 8% for second straight session as China ramps up pressure
Alibaba shares plunge as much as 8% for second straight session as China ramps up pressure

Shares of Chinese tech giant Alibaba in Hong Kong were in the spotlight once again on Monday, after Chinese regulators ordered Alibaba-affiliate Ant Group to rectify its businesses. In afternoon trading, shares of Alibaba listed in Hong Kong plunged 7.71%,.

Trump signs Covid relief and government funding bill days after he suggested he would block it
Trump signs Covid relief and government funding bill days after he suggested he would block it

President Donald Trump signed a massive coronavirus relief and government funding package into law Sunday, days after he sent Washington into a panic by suggesting he could veto the bill. He refused to approve the legislation for days after receiving.

5 charts show what the global economy looks like heading into 2021
5 charts show what the global economy looks like heading into 2021

The Covid-19 pandemic has sent the global economy into one of its worst recessions ever, and it isn’t yet clear when a full recovery will be in place. Recent progress on coronavirus vaccines has brightened the economic outlook, but some.

Coinbase, Other Big Exchanges ‘Between Rock and a Hard Place’ on Delisting XRP
Coinbase, Other Big Exchanges ‘Between Rock and a Hard Place’ on Delisting XRP

What happens when a cryptocurrency once positioned as a regulator-friendly alternative to bitcoin gets heat from regulators? Exchanges that trade XRP are about to find out. U.S.-based cryptocurrency exchanges have to consider whether to delist XRP in light of a.

US federal regulators set new expectations for stablecoin issuers
US federal regulators set new expectations for stablecoin issuers

A group of leading U.S. financial regulators has released a new statement on stablecoins. One of the headlining topics of crypto regulation news this year, stablecoins were the main topic of a Dec. 23 statement the President’s Working Group on.

China launches antitrust probe into tech giant Alibaba
China launches antitrust probe into tech giant Alibaba

China has launched an antitrust investigation into Alibaba Group and will summon the tech giant’s Ant Group affiliate to meet in coming days, regulators said on Thursday, in the latest blow for Jack Ma’s e-commerce and fintech empire. The probe.

Japan aims to eliminate gasoline vehicles by mid-2030s, boost green growth
Japan aims to eliminate gasoline vehicles by mid-2030s, boost green growth

Japan aims to eliminate gasoline-powered vehicles in the next 15 years, the government said on Friday in a plan to reach net zero carbon emissions and generate nearly $2 trillion a year in green growth by 2050. The “green growth.

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