What’s Ahead for Stocks? Vanguard CIO Cites 2 Reasons for Underperformance
Key Insights Vanguard’s chief investment officer forecasts subdued U.S. stock market returns of 4.7% to 6.7% annually through 2024. This…
UK Finalizes Crypto Regulation Plan Starting with Stablecoins
Key Insights The UK government has finalized its crypto regulation roadmap, starting with rules for fiat-backed stablecoins in early 2023.…
Kraken to Share Data on 42,000 Users with IRS After Court Order
Key Insights Kraken will share transaction details and personal information of 42,000 U.S. customers with the IRS due to a…
Oil Prices Dip Despite Israel-Gaza Tensions
Key Insights Oil prices fell as Israel launched a ground offensive in Gaza, but concerns about supply disruptions remained due…
Solana Price Soars Above $32 as VanEck Predicts Massive Gains
Key Insights Solana’s SOL token has surged above $32 after an optimistic report from VanEck predicted massive gains of up…
Stocks Stumble as Strong Spending Data Stokes Inflation Fears
Key Insights U.S. stocks closed mixed on Friday as strong consumer spending data stoked inflation concerns. The S&P 500 fell…
Your Bank Account on Twitter? Musk Outlines Ambitious Financial Plans
Key Insights Elon Musk plans to make Twitter an “everything app” for finances by 2024, allowing users to send money,…
Trezor Users Targeted in Latest Crypto Phishing Scam
Key Insights Trezor cryptocurrency wallet users reported receiving phishing emails this week requesting they download a fake firmware update. Cybersecurity…
Bank of Canada Keeps Interest Rates Steady at 5.0% Amid Economic Slowdown
Key Insights Bank of Canada maintains its benchmark interest rate at 5.0% for the second consecutive month. Economic activity and…
FCA Warns Crypto Firms: Comply with Ad Rules or Face Restrictions
Key Insights The UK’s financial regulator, the FCA, is increasing scrutiny on authorized cryptocurrency firms and their advertising practices. The…