#trade
71 articles found
Latest
Trump’s Strategy to Weaken the Dollar and Its Crypto Impact
Donald Trump’s post-return agenda to the White House includes measures such as significant import tariff hikes, escalating trade conflicts with China, and aggressive deficit reduction. His determination to weaken the US dollar stands out as particularly significant. Jefferies: Mining Profitability Drops
American investment bank Jefferies reports a downturn in mining profitability as BTC continues to trade below $60,000, while the hash rate keeps rising. Analysts indicate that in August 2024, daily mining revenues decreased by 11.8% compared to the previous month. 
Australian Regulator Wins Case Against Kraken
The Australian Securities and Investments Commission (ASIC) won a legal battle against Bit Trade Pty, the local operator of the Kraken exchange. The court found that the company violated regulations by offering margin trading services to Australian clients without the necessary registration since 2021. FTC Scrutinizes Microsoft-Inflection AI Deal
The U.S. Federal Trade Commission (FTC) is investigating Microsoft for potentially trying to circumvent antitrust regulations in its $650 million acquisition of AI startup Inflection AI. The agency has requested pertinent documents and is conducting a preliminary review. Trump's Populist Approach: A Billion-Dollar Strategy?
Donald Trump's venture into social media with Truth Social is gearing up for a stock market debut, thanks to a merger deal with Digital World Acquisition getting the green light from investors. The stock could potentially trade under Trump's initials, DJT. 
FTC Takes Aim at Social Media’s Data Harvesting
The U.S. Federal Trade Commission (FTC) criticized several social media companies, including Meta, Google, and ByteDance, for collecting and processing user data without sufficient oversight or transparency. The collected data often includes age, gender, language, income, and other information of interest to advertisers. Kain Warwick: The Anti-Authoritarian DeFi Founder
Kain Warwick is a pioneer DeFi founder who’s always been against authoritarian regimes. In 2018, Warwick founded Synthetix (formerly Havven), a platform that allows users to trade tokens that mirror the prices of other assets, including gold, stocks, and traditional currencies. 
Crypto Trading Volume Surges to New Local Highs
The 7-day moving average for daily crypto trade volume has hit $97.4 billion. This figure significantly exceeds the metrics seen in the summer of 2023 and closely matches the average trading volumes of 2021. The analysis covers a comprehensive range of popular trading platforms across the globe.