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ACT health levy slashed to $100 as part of budget deal with Greens
Canberra homeowners will experience a reduced health levy of $100, lowered from the initially proposed $250, following budget negotiations between the ACT government and the Greens...
Read Full Article →XRP Ledger’s Ethereum-compatible sidechain launches on mainnet
The introduction of an Ethereum-compatible sidechain on the XRP Ledger mainnet enables broader decentralized application integration, potentially attracting increased developer act...
Read Full Article →Norman Rothery: Portfolios for dividend investors to consider
This update highlights several investment options that may provide consistent income streams, offering potential opportunities for those interested in building a steady cash flow t...
Read Full Article →Is the Stock Market Open on July 4th? Here's the Summer Trading Schedule
Financial markets observe specific holiday schedules, which can impact trading volumes and investment decisions during early July due to the observance of national holidays.
Read Full Article →UK disposable income falls at fastest rate since 2023
Despite wage growth earlier in the year, higher taxes and inflation have reduced the amount of money individuals in the UK can spend or save, impacting overall financial stability.
Read Full Article →Barclays Joins List of UK Banks Restricting Credit Card Crypto Buys
Barclays has implemented new limits on credit card transactions involving cryptocurrencies, reflecting growing regulatory concerns and efforts to prevent potential financial risks...
Read Full Article →Canada drops tech tax to restart US trade talks
Canada's decision to pause the new levy targeting technology companies aims to prevent potential tariffs from the United States, impacting cross-border trade and economic relations...
Read Full Article →A stock market melt-up may be the biggest risk facing investors, says this strategist
According to a market strategist, recent sharp increases in stock prices might indicate an unstable surge that could pose considerable challenges for investors moving forward.
Read Full Article →In another tragic wildfire season, here’s how to help clients financially prepare for the worst
Rising incidents of extreme weather are leading to increased insurance claims and costs, highlighting the importance of advising clients on strategies to manage potential financial...
Read Full Article →Randox: Losses widen at Covid-19 testing giant
Randox, a leading Covid-19 testing company based in Northern Ireland, has reported a pre-tax deficit of £51.8 million for the year ending June 30, 2024, following previous substant...
Read Full Article →BNB Chain’s Maxwell upgrade drives record DEX trading volume
The recent enhancement to BNB Chain’s infrastructure has led to increased transaction efficiency, contributing to a notable surge in decentralized exchange activity and overall tra...
Read Full Article →Kazakhstan plans national cryptocurrency reserve using seized assets, state-mined coins
Kazakhstan aims to enhance its financial strategy by creating a national digital asset reserve funded through confiscated property and government-mined cryptocurrencies.
Read Full Article →The wrong kind of Fed rate cuts are coming, says JPMorgan. What that means for stocks, bonds and the...
According to JPMorgan strategists, anticipated reductions in Federal Reserve interest rates may have limited benefits for equity markets, potentially affecting bond yields and curr...
Read Full Article →WH Smith cuts sale price of high street business by £12m
Following a period of declining performance, WH Smith agreed to reduce the transaction amount for its retail division by £12 million during negotiations with Modella Capital.
Read Full Article →Bitcoin Price Not Being Suppressed, Selling by Long-Term Holders, Checkmate Says
The recent activity of long-term investors divesting their Bitcoin positions suggests a notable shift in market dynamics as prices stabilize near the $100,000 mark.
Read Full Article →Energy minister says new gas projects need to sell locally
The energy minister emphasized that upcoming gas developments must allocate a portion of their output for domestic consumption, impacting revenue distribution and market dynamics w...
Read Full Article →Strategy stacks another 4,980 bitcoin as Michael Saylor boldly predicts $21 million BTC in 21 years
Strategy has increased its bitcoin reserves by nearly 5,000 coins, raising its stake to more than 2.8% of the total available supply, with a current value exceeding $64 billion.
Read Full Article →DOJ hands 97-month sentence to crypto scammer for $40m Ponzi scheme
A U.S. court has imposed an extensive prison term on an individual responsible for orchestrating a fraudulent investment operation that resulted in losses exceeding $40 million for...
Read Full Article →Wintermute secures Bitcoin lending facility from Cantor Fitzgerald under its $2B financing program
Wintermute obtained a Bitcoin-collateralized loan through Cantor Fitzgerald’s substantial financing initiative, enabling enhanced liquidity and operational flexibility within the c...
Read Full Article →Bitcoin ETFs mark third week of consecutive inflows as BTC holds steady
U.S.-listed spot Bitcoin funds have attracted substantial capital for three consecutive weeks, reflecting sustained investor interest and contributing to notable asset growth amid...
Read Full Article →OKX 32nd proof of reserves: User holdings drop for BTC and USDT
The latest report from OKX reveals a considerable decrease in the amounts of Bitcoin and Tether stored in user accounts, indicating shifts in asset distribution on the platform.
Read Full Article →UK households hit by squeeze on living standards despite fastest growth in G7
Despite the UK economy expanding more rapidly than other G7 nations, increased taxes and inflation led to lower real disposable income per household, reducing overall financial res...
Read Full Article →Banks and Stablecoins: a first step towards bridging traditional finance and the crypto world
Traditional financial institutions are increasingly exploring stablecoins as a potential means to integrate digital assets with conventional banking systems, potentially enhancing...
Read Full Article →Will Bitcoin retrace as “apparent demand” signal flips negative?
Bitcoin’s latest upward movement has increased investor attention, though emerging on-chain data indicates potential weakening interest that could impact its near-term market perfo...
Read Full Article →The Blockchain Group Bolsters Bitcoin Holdings and Capital Base
The company has increased its digital currency assets and strengthened its financial position through substantial cryptocurrency profits and new investments from shareholders.
Read Full Article →Hacked Iranian crypto exchange Nobitex slowly restores services
The gradual restoration of withdrawal services at the compromised Iranian platform Nobitex is expected to help stabilize user confidence and potentially mitigate financial losses w...
Read Full Article →Clarks cuts over 1,200 jobs as sales fall by almost £100m
Clarks experienced a significant decrease in revenue and workforce size in the latest financial year, reflecting ongoing challenges in maintaining its previous sales levels and ope...
Read Full Article →Arbitrum eyes rally to $1 as Robinhood partnership rumors gain traction
Speculation around a potential collaboration with Robinhood has contributed to increased investor interest in Arbitrum, leading to a notable price surge and signaling possible furt...
Read Full Article →The Interview
Philippe Kehren, CEO of Solvay, discusses how strategic decisions and global market trends have influenced the company’s financial performance and growth potential in the current e...
Read Full Article →Unlucky trader ‘qwatio’ liquidated 8 times in a week, loses $12.5M
The trader known as qwatio experienced multiple forced sell-offs within a week, resulting in total losses amounting to $12.5 million, including a significant partial liquidation of...
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