(Reuters) – European stocks inched higher on Thursday, tracking Asian peers on hopes of more stimulus in China, while investors awaited U.S. inflation data for hints on the Federal Reserve’s easing path. The pan-European index rose 0.1% as of 0713 GMT, with gains in healthcare and telecom sectors outweighing losses in technology stocks. European markets…
Hedge fund manager Hugh Hendry is betting on Bitcoin (BTC) and low interest rates next year. Hendry says there “always two ever-present tail risks” in a short volatility investment strategy, which aims to profit off decreases in market volatility by selling options. “Do you buy the call option that the Mag-7 become capitalized at 100%…
Advertisement     Cryptocurrency exchange Crypto.com announced Tuesday that it had filed a lawsuit against the United States Securities and Exchange Commission (SEC), its chairman Gary Genlser, and its four commissioners after receiving a notice that the regulator intends to bring an enforcement action against the company. The legal move, according to Crypto.com, aims…
October 10, 2024October 10, 2024 Shares of Defence giants such as Bharat Dynamics, Hindustan Aeronautics, Mazagon Dock Shipbuilders, Paras Defence and Garden Reach Shipbuilders and Engineers rose by 1-6% on 10th October. The Cabinet Committee on Security (CCS), chaired by Prime Minister Narendra Modi, approved two important defence deals…
Prime brokers are key players in the financial industry. They work within investment banks and focus on helping hedge funds and big investors. They offer prime brokerage services that let clients borrow stocks or cash for short-selling. They also help clients use leverage to increase their market exposure. These services include handling trades, giving reports,…
The FBI has charged 18 individuals and organisations across several different countries with fraud and other crimes following a sophisticated investigation that uncovered widespread cryptocurrency market manipulation. As part of the investigation the FBI created its own crypto token, NexFundAI, to allow it to observe ‘market maker’ firms’ attempts to fraudulently pump the token’s price…
Prime brokerage firm 26 Degrees intends to surrender its CySEC licence. While the Limassol office will remain operational, it will serve as a branch supporting the firm’s international activities. The decision is driven by the firm’s desire to concentrate on institutional services, particularly hedge fund operations, amid growing regulatory challenges with the Cypriot authorities. This…
Re: AZK – Aziana Textbook set up for what I look for in a spec stock. Cash equivalent to MC. Small number of shares on issue. Decent preliminary samples indicating a chance of success following drilling. Unrecognised. MC – $6.2m SP – 6.5c Shares – 95m (17m unquoted) Options – 47m (@25c sept 13) Cash…
GameFi is in a state of flux, where the most popular titles are simple “clicker” games, while more ambitious games struggle to integrate blockchain technology. All that may be set to change with the release of Off the Grid, now available in early access on major gaming consoles. The Battle Royale style game boasts impressive…
Image source: Getty Images Investing can seem daunting, especially for beginners. The financial landscape is filled with choices and with so many options, it’s easy to feel overwhelmed. However, with the right approach, you can set yourself up for a lifetime of security. One simple yet effective way to start your investment journey is through…