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News
[Analysis] Bitcoin May Tumble to $10,000 if Stocks Correct 20%, McGlone Says
17+ hour, 31+ min ago (162+ words) bloomingbit Bitcoin could fall as low as $10,000 if an extreme bear market takes hold, Bloomberg Intelligence said Mike McGlone, Bloomberg Intelligence's senior commodity strategist, wrote on Sept 14 that Bitcoin is a highly volatile and speculative digital asset with a strong…...
Bitcoin Reclaims $77,000
14+ hour, 37+ min ago (12+ words) bloomingbit What do you think about this news?...
Fears Grow Over $209 Billion Korea Bond Deluge as Samsung, SK Hynix Emerge as Potential Buyers
17+ hour, 19+ min ago (302+ words) Issuance of sovereign debt excluding foreign exchange stabilization bonds, including 222.8 trillion won ($161.4 billion) of Treasury bonds and 15.3 trillion won ($11.1 billion) of national housing bonds, is set at 238.1 trillion won ($172.5 billion). That is down 1.7 trillion won ($1.2 billion) from 239.8 trillion won ($173.7 billion)…...
Why the US Treasury Isn’t Buying Bonds Blindly: The Real Purpose of Buybacks
17+ hour, 48+ min ago (1034+ words) The US Treasury recently received offers to sell back $10.489 billion of Treasuries, but purchased only $5.187 billion. It could have bought as much as $6 billion, but did not use the full limit. The amount offered for sale was nearly double the…...
[Deputy Editor's Column] The Promise and Peril of Korea's Night Stock Market Debut
17+ hour, 42+ min ago (360+ words) Korea Exchange has introduced an **after-market (night session)** that allows real-time trading from 4 p.m. to 8 p.m., marking a new turning point for South Korea's stock market. The longer trading session is heightening concern that **liquidity** will be spread more thinly and that…...
Bitcoin Falls Below $77,000
18+ hour, 21+ min ago (18+ words) bloomingbit Bitcoin Falls Below $77,000 What do you think about this news?...
Fed Rate Hike Would Be to Appease Wall Street, Critics Say
18+ hour, 56+ min ago (229+ words) The odds of another Federal Reserve interest-rate increase have risen sharply, drawing criticism that any move this month would be aimed more at appeasing financial markets than responding to inflation. Goldman Sachs revised its forecast and now expects the Fed…...
US August CPI Fails to Shake Rate Outlook; Can Bitcoin and Ether Extend Rebound?
1+ day, 16+ hour ago (221+ words) US consumer price data for August failed to materially alter the market's interest-rate outlook, helping Bitcoin (BTC) and Ether (ETH) post modest gains, according to crypto-focused media outlet The Block. The Block reported on September 13 that the US consumer price…...
IBK Says Middle East Price Pressures Are Building, Raising Odds of September Fed Hike
3+ day, 17+ hour ago (232+ words) Geopolitical instability in the Middle East is pushing up global oil and commodity prices, bringing the possibility of another Federal Reserve rate increase back into focus, according to a report from IBK Investment & Securities. In a Sept. 11 report, IBK Investment…...
Ripple Expands Treasury AI GSmart, Strengthening Liquidity and Risk Management
3+ day, 15+ hour ago (251+ words) Ripple has expanded GSmart, the artificial intelligence feature embedded in its corporate treasury management platform, Ripple Treasury. The setup allows corporate finance teams to use AI across cash forecasting, liquidity, risk management, reconciliation and reporting, while keeping final decision-making authority…...