Bitcoin (BTC) is experiencing a sell-off from institutional investors, with outflows from Bitcoin spot ETFs occurring for the third consecutive day. Meanwhile, the Depository Trust & Clearing Corporation (DTCC) will no longer provide collateral value for cryptocurrency-based exchange-traded funds (ETFs). Bitcoin has seen increased demand…

Read More

FC Barcelona outcast Vitor Roque has made a decision on his future amid rumors he could leave the club on loan according to SPORT, which cited anonymous sources. The Brazilian teenager arrived in Catalonia to great fanfare at the turn of 2024, with cash-strapped Barca finding the means to agree…

In the latest Daily Market Notes report to investors, analysts at Navellier & Associates said strong earnings reports from Microsoft (NASDAQ:) and Alphabet (NASDAQ:), have reinvigorated the AI sector outlook and the current earnings season.“Stocks are having the best week of the year, bouncing back from the first major pullback…

The Depository Trust & Clearing Corporation (DTCC), which handles the settlement of most securities transactions in the United States, has announced changes to collateral valuation that will be implemented starting April 30, 2024. DTCC has made it clear that it will not provide collateral or extend loans for exchange-traded funds…

POLITICS

View More

Former New York Gov. Andrew Cuomo, after being subpoenaed last month, has agreed to testify to Congress about his controversial nursing home advisory from the early days of the Covid-19 pandemic, Rep. Brad Wenstrup told CNN’s Jake Tapper on Friday. “Governor Cuomo will be appearing before our select Subcommittee on the Pandemic on June 11,” Wenstrup, the Ohio Republican who chairs the panel, said on “The Lead.”  “This will be a transcribed interview at 10 a.m.” Wenstrup said that lawmakers want to ask the former Democratic governor about the March 2020 advisory, which barred nursing homes from rejecting patients solely on the basis of a Covid-19…

Read More

Investing