Tim Fries - Author for 24/7 Wall St.
Lastest Stories by Tim Fries
Shares of US and European banks saw massive declines at Monday’s market open.
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A new report by CoinShares showed that digital asset investment products saw $255 million in outflows last week amid negative sentiment caused by banks being closed and taken over by regulators.
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For the third time in a row, the Securities and Exchange Commission rejected VanEck’s proposal to create a spot Bitcoin ETF.
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Shares of the cryptocurrency-friendly Signature Bank dropped sharply on Friday.
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The Federal Reserve and the U.S. Treasury have announced that state authorities closed the cryptocurrency-friendly Signature Bank.
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FDIC already moved in to set up Deposit Insurance National Bank of Santa Clara in order to protect insured deposits.
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Tether has condemned The Wall Street Journal for publishing negative reports about the company while lauding other crypto firms.
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One of the busier days of one of the busier weeks for crypto in the first quarter of 2023 saw the prices of Bitcoin, Ethereum, and several cryptocurrency-related stocks drop by between 6 and 10%. The...
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Average hourly earnings failed to keep pace with inflation for the 23rd consecutive month in February.
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Silicon Valley Bank, one of the key banks serving early-stage businesses and venture capital giants, saw its shares drop further early Friday.
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New York Attorney General Letitia James has filed a lawsuit against the cryptocurrency exchange KuCoin.
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U.S.-based companies cut 77,770 jobs in February.
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CFTC Chair Rostin Behnam says that both stablecoins and Ethereum should be considered commodities and regulated by his agency.
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FTX’s investment arm Alameda Research has agreed to sell its interest in venture capital firm Sequoia Capital to the Abu Dhabi sovereign wealth fund.
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The trustee of the collapsed bitcoin exchange Mt. Gox has pushed back the deadline for repayment claims by an additional month.
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