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Bitcoin Inflows in Past 30 Days Exceed BTC’s Total Market Cap in 2017 and 2019, Says Report
The total amount of capital inflows into bitcoin during the 30 days to Jan. 25 are as high as the entire bitcoin market capitalization in September 2017 and early 2019, according to new data from Glassnode. Glassnode co-founder and CTO Rafael Schultze-Kraft tweeted...
ALPHA surges 152% in one week: What’s behind its meteoric rally?
ALPHA, the governance token of Alpha Finance Lab, has surged 152% in the past week. It is now the 85th most valuable cryptocurrency in the global market, breaking into the top 100 in a short period.Behind its meteoric rally are three key factors, namely the rapidly...
Exclusive: KKR seeks $15 billion for flagship North America buyout fund, sources say
BloombergHedge-Fund Titans Lose Billions to Reddit Traders Running Amok(Bloomberg) -- For once, Main Street is beating Wall Street.In a matter of weeks, two hedge-fund legends -- Steve Cohen and Dan Sundheim -- have suffered bruising losses as amateur traders banded...
German regulator reports own employee for Wirecard insider trading
By John O'Donnell and Tom SimsFRANKFURT (Reuters) - Germany's financial watchdog said on Thursday that it had reported one of its employees to state prosecutors on suspicion of insider trading linked to Wirecard, shortly before the payment firm's spectacular...
Cash melting ‘like butter’: Thyssenkrupp investors demand action
BloombergHedge-Fund Titans Lose Billions to Reddit Traders Running Amok(Bloomberg) -- For once, Main Street is beating Wall Street.In a matter of weeks, two hedge-fund legends -- Steve Cohen and Dan Sundheim -- have suffered bruising losses as amateur traders banded...
Electric-vehicle firm Faraday Future to go public via $3.4 billion SPAC deal
BloombergHedge-Fund Titans Lose Billions to Reddit Traders Running Amok(Bloomberg) -- For once, Main Street is beating Wall Street.In a matter of weeks, two hedge-fund legends -- Steve Cohen and Dan Sundheim -- have suffered bruising losses as amateur traders banded...
Mastercard beats profit estimates as customers spend more
BloombergHedge-Fund Titans Lose Billions to Reddit Traders Running Amok(Bloomberg) -- For once, Main Street is beating Wall Street.In a matter of weeks, two hedge-fund legends -- Steve Cohen and Dan Sundheim -- have suffered bruising losses as amateur traders banded...
4Q GDP: Economy expands at a 4.0% annualized rate
The U.S. economy expanded in the final three months of 2020, albeit with slowing growth as the pandemic tore across the country at an alarming clip at the end of the year.The Commerce Department’s first estimate on fourth-quarter gross domestic product (GDP) was...
SBI Holdings and SMFG to launch digital securities exchange in 2022
Japanese finance giaSBI Holdings is building a digital stock exchange in collaboration with Sumitomo Mitsui Financial Group, or SMFG.According to a Jan. 28 Nikkei report, the new digital securities exchange is expected to be the first Japanese exchange trading digital...
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