Finance - BE UPDATED

SEC Agrees to Drop Enforcement Suit Against Cumberland DRW, Firm Says

By admin March 4, 2025FinanceNo Comments

The U.S. Securities and Exchange Commission (SEC) has agreed to drop its enforcement case against Cumberland DRW, the crypto trading arm of Chicago-based trading firm DRW, according to a Tuesday…

Bitcoin Price (BTC) Rises to $88,000 as Nasdaq Reverses Big Early Loss

By admin March 4, 2025FinanceNo Comments

A big Tuesday reversal in risk markets has seen bitcoin (BTC) climb nearly 10% from its weakest level of the session and the Nasdaq move into the green after being…

Why Not Strategic Beef Reserve?

By admin March 4, 2025FinanceNo Comments

South Africa Reserve Bank(SARB) governor’s question, “Why not strategic beef reserve?” at the 2025 World Economic Forum in Davos may have been rhetorical, but Lesetja Kganyago’s seemingly sarcastic remark about…

Blockstream to Launch 3 Funds After Securing Multi-Billion Dollar Investment

By admin March 4, 2025FinanceNo Comments

Bitcoin development firm Blockstream is launching three investment funds, including two focused on crypto lending, the company announced Tuesday.The crypto company co-founded by legendary bitcoin (BTC) developer Adam Back plans…

Bitcoin miners languish amid crypto market rout — JPMorgan

By admin March 4, 2025FinanceNo Comments

Bitcoin (BTC) mining stocks are struggling as declining cryptocurrency prices add further pressure to business models strained by the Bitcoin network’s April halving, according to a JPMorgan research note shared…

Aave revamp proposal includes revenue redistribution, safety system

By admin March 4, 2025FinanceNo Comments

Marc Zeller, the founder of Aave Chan Initiative (ACI), unveiled a proposal for Aave's tokenomics revamp on March 4, which would include a new revenue redistribution model, an “Umbrella” safety…

Tariff turmoil sparks $1 billion in liquidations: CoinGlass

By admin March 4, 2025FinanceNo Comments

Cryptocurrency derivatives traders suffered more than $1 billion in liquidations in the past 24 hours as fears of a looming trade war sent markets tumbling, according to data from CoinGlass. More…

Bitcoin price stabilizes near $83K as investors eye S&P 500 recovery

By admin March 4, 2025FinanceNo Comments

Bitcoin's (BTC) recent volatility highlights how markets tend to overreact, especially in situations that can escalate, such as trade wars. The 6.5% drop in the S&P 500 since its all-time…

Crypto Prime Broker FalconX’s Head of Trading Brian Strugats Has Left the Business

By admin March 4, 2025FinanceNo Comments

Brian Strugats, head of trading at cryptocurrency prime broker FalconX, has left the business, according to an internal memo seen by CoinDesk.Strugats left the firm last week, the memo said.He…

Circle’s USDC to be First USD Stablecoin in Japan

By admin March 4, 2025FinanceNo Comments

SBI VC Trade, a subsidiary of financial giant SBI Holdings, has secured regulatory approval as an Electronic Payments Provider in Japan.The regulatory approval, granted under the Japan Financial Services Agency’s…