Cryptocurrency lender Celsius announced Monday it had frozen all transfers and withdrawals amid “extreme market conditions.” Celsius said in a statement that it had taken action to fulfill its obligations … Read more
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Elon Musk’s delayed disclosure of his sizable purchase of Twitter shares last month. The Tesla CEO made his disclosure on … Read more
The Hong Kong stock exchange suspended trading for 33 firms over a delay in declaring their annual earnings. Major Chinese developers Shimao Group, Sunac China, and Kaisa Group are among … Read more
Australia’s financial regulator imposed additional conditions on three licenses held by the Australian Stock Exchange (ASX) following an investigation on a market outage last year. The Australian Securities & Investments … Read more
Hong Kong has been replaced by Shanghai in the world’s top three venues for stock listings as crackdowns in China’s private sectors continue to hurt investor sentiment. Shanghai took over … Read more
The Hong Kong Stock Exchange and several Australian websites went down after a mass internet service outage. The outage was reportedly caused by glitches on the servers of Akamai, a … Read more
S&P Dow Jones Indices introduced three new cryptocurrency indexes tied to Bitcoin and Etherium to track digital assets performance in cryptocurrency exchanges. The three new cryptocurrency indexes include: S&P Bitcoin … Read more
Archegos Capital Management Fund initiated a $30 billion fire sale in the stock market on Monday, resulting in two rough days for investors and potentially costing two investment banks millions … Read more
US legislators pass Biden’s $1.9 trillion COVID-19 relief package as tech markets and bond yields remain points of concerns for investors. The financial Markets have had a mixed response to … Read more
Futures for the Dow, S&P 500, and the Nasdaq all fell this morning as the US Treasury marks further gains in bond yields that have some investors spooked. Futures for … Read more