(Bloomberg) Crypto exchange Binance Holdings Ltd. has stepped up user funds’ protection by creating a $1 billion insurance fund. Binance’s move is part of its efforts to address the concerns…
(Eurostat) Euro area and EU posted a 5.2% increase in GDP in 2021, despite growth easing in the last quarter of the year. Growth in the fourth quarter eased at…
(Reuters) Elliott Management Corp. and Vista Equity Partners are reportedly closing a deal to take Citrix Systems Inc. private for around $13 billion. The reported cash bid will value Citrix…
(Politico) Top executives of various crypto firms and exchanges have formed a political action committee to garner support for candidates during the midterm elections in November. The group, also known…
(CoinDesk) Jefferies analyst Jonathan Petersen expects Marathon Digital stock to rise 158% to $51 in 2022, propelling the company to be the largest listed Bitcoin miner. Petersen says Marathon is…
(BEA) Spending by US consumers fell in December, with total outlays down by $93.5 billion amid a 0.3% surge in personal incomes. Disposable personal incomes saw an increase of 0.2%…
(GoldHub) Global central banks’ appetite for gold rose in 2021, with total accumulations jumping by 82% from the prior year to 463 tonnes. The fourth quarter saw central bank gold…
(European Commission) Euro area’s Economic Sentiment Indicator fell by 1.1% in January to a lower reading of 112.7. In the EU, the ESI weakened by 1.4 points to 111.6 despite…
(Robinhood) Robinhood fell more than 13% in premarket trading on Friday after the company reported a $423 million loss in the fourth quarter of 2021, The loss was a decline…
(SEC) Fidelity Investments is waiting on the decision of the US Securities and Exchange Commission on a filing for exchange-traded funds that track firms in the metaverse and crypto sectors.…
(Apple) Apple Inc. posted a record revenue of $123.9 billion in the first quarter of 2022, up 11% from the prior year. Apple’s Tim Cook attributed the record results to…
(Department of Labor) The US posted a total of 260,000 jobless claims in the week that ended January 22, a decline of 30,000 from the previous week. The claims were…