Coinbase CEO Armstrong Predicts a Fully On-Chain Future for All Assets
The post Coinbase CEO Armstrong Predicts a Fully On-Chain Future for All Assets appeared first on Coinpedia Fintech News Brian Armstrong, CEO of Coinbase, believes that all assets will eventually move onto the blockchain. According to him, this shift could make financial
President Donald Trump Discredits Inflation Fears: Is Crypto Market Ready for Rebound?
The post President Donald Trump Discredits Inflation Fears: Is Crypto Market Ready for Rebound? appeared first on Coinpedia Fintech News President Donald Trump has discredited the inflation fears caused by Thursday’s hotter-than-expected Producer Price Index (PPI). Trump told reporters on Thursday
Citigroup Considers Offering Crypto Custody Amid Regulatory Clarity
The post Citigroup Considers Offering Crypto Custody Amid Regulatory Clarity appeared first on Coinpedia Fintech News Citigroup Inc. (NYSE: C) is considering introducing crypto custody services to its customers. A top executive of Citigroup informed Reuters that the bank is exploring
Treasury Secretary Scott Bessent Says U.S. Will Acquire More Bitcoin to Solve the $37T Debt Crisis
The post Treasury Secretary Scott Bessent Says U.S. Will Acquire More Bitcoin to Solve the $37T Debt Crisis appeared first on Coinpedia Fintech News Scott Bessent, the current U.S. Treasury Secretary has clarified that the Donald Trump administration is keen on
How Italy’s MPS went from near collapse to bid for revered merchant bank
By Valentina Za, Gianluca Semeraro and Mathieu Rosemain MILAN (Reuters) -Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy’s Treasury picked him out to revive the fortunes of the world’s
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is currently under way. BATTLES IN GENERALI AND MEDIOBANCA Caltagirone last year expanded his investments in Italy’s financial sector and is
Markets may be repeating the mistake of 2019, Goldman Sachs warns
Investing.com — Markets may be ignoring an important lesson of 2019, according to Goldman Sachs. The Wall Street bank said in a note that the upcoming January Federal Open Market Committee (FOMC) meeting is unlikely to provide substantial new information. Its
Futures slip as investors eye China’s latest AI push – what’s moving markets
Investing.com – US stock futures dropped on Monday as markets assessed the release of a Chinese firm’s new artificial intelligence model that may rival OpenAI’s ChatGPT, while the dollar rose in response to a tariff spat between President Donald Trump and
European tech shares tumble as China’s AI push spooks investors
(Reuters) – European shares slid on Monday as the technology sector joined the retreat in other markets after China’s upgraded low-cost, low-power artificial intelligence (AI) model sparked worries about the profits of rivals and the need for costly tech. The pan-European
ECB president fears loss of central bank independence
BUDAPEST (Reuters) -Central bank independence is being questioned in parts of the world and greater political influence over policy could undermined their ability to keep inflation down, European Central Bank President Christine Lagarde said on Monday. U.S. President Donald Trump said
Fuji Media, rocked by sexual misconduct allegations, says executives to resign
By Rocky Swift TOKYO (Reuters) -Japan’s Fuji Media said on Monday its chairman and the head of its TV unit would step down immediately amidst a probe into alleged sexual misconduct by a celebrity TV host. The scandal, which has led to
China central bank conducts 1.7 trln yuan of outright reverse repos in Jan
SHANGHAI (Reuters) – China’s central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase agreements in January. The People’s Bank of China (PBOC) said the repo operations aimed to “keep banking system liquidity reasonably ample”. The
Analysis-To weather Trump, emerging market investors look to the frontier
By Libby George LONDON (Reuters) – The new era of unpredictability, marked by tariff threats and rising global tensions, is prompting emerging market investors to look for shelter in frontier markets that are relatively safe from U.S. President Donald Trump’s trade
Trump’s Colombia tariffs on hold after Bogota agrees to accept migrants- AP
Investing.com– U.S. President Donald Trump’s proposed trade tariffs against Colombia are now on hold after Bogota agreed to accept migrants deported from the U.S., the Associated Press reported on Sunday. Trump had threatened to impose 25% tariffs on all Colombian imports