Author: Anthony M. Orbison

Bitcoin and Ethereum ETFs experienced significant outflows on the 1st of October, totaling millions. U.S. election results could shape the regulatory landscape for XRP and SOL ETFs.  Bitcoin [BTC] and Ethereum [ETH] exchange-traded funds (ETFs) experienced significant outflows on the 1st of October. BTC ETFs saw withdrawals totaling $242.6 million and ETH ETFs recorded outflows of $48.6 million. Can Trump boost SOL and XRP ETFs? Amidst this fluctuating ETF market, recent discussions have emerged suggesting that the outcome of the upcoming U.S. presidential election could influence the regulatory landscape for crypto ETFs, particularly those involving assets like Ripple [XRP] and…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Starling Bank has received a fine of £29mn from the UK financial regulator, which accused the challenger bank of “shockingly lax” controls against financial crime.Starling’s efforts to identify potential money laundering, sanctions breaches and screen high-risk customers “did not keep pace” with the bank’s growth, the Financial Conduct Authority said on Wednesday. Starling grew from about 43,000 customers in 2017 to 3.6mn in 2023, the watchdog said.“Starling’s financial sanction screening controls were shockingly lax,” said Therese Chambers, joint executive director of enforcement…

Investing.com — The gained 2.1% on a total return basis in September, marking its best performance for the month since 2013 and its first positive September in five years, Bank of America said in a Tuesday report. This also marked the fifth consecutive month of gains and the 10th positive month in the past 11 months. Lower interest rates contributed to gains across all major asset classes, with gold leading the way at +4.6%. Long-term Treasuries also outperformed stocks, rising by 2.4%, while investment-grade corporate bonds increased by 1.9%, and cash gained 0.4%. International equities lagged behind the S&P 500…

Bitcoin prices fell sharply on Tuesday. This drop came after Iran launched missiles at Israel. The attack raised fears of a wider conflict in the Middle East. Ethereum and Dogecoin also saw big price drops.Also Read: Shiba Inu: AI Predicts SHIB’s Price For The WeekendWar Fears Shake Cryptocurrency Market: Bitcoin, Ethereum, Dogecoin Under PressureBitcoin And Other Major Cryptocurrencies TumbleBitcoin’s price fell 3.48% to $61,118.92. It hit a two-week low of $60,370 before recovering slightly. Ethereum dropped even more, falling 5.66% to $2,464.05. This was its lowest price since August 19. Dogecoin suffered the most, with a 6.29% drop to $0.1077.The…

Ireland on Tuesday unveiled a 2025 budget that includes tax cuts and increased social benefits, and announced a huge surplus in 2024 thanks to billions of euros in Apple back-taxes. Minister of Finance Jack Chambers announced a 10.5-billion-euro ($11.6-billion) 2025 budget package, which included higher public infrastructure investment and social welfare support. The moves come with a general election looming: Prime minister Simon Harris must go to the country before March 2025. But with poll ratings up for his coalition government, some suggest he could call the vote sooner. “Budget 2025 puts the country on a firm footing for the…

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Sectional sofas that can be modified to fit your space can often be quite expensive. However, every once in a while we find one on sale that’s just too good to pass up. That’s the case with this one that’s currently deeply discounted from Walmart.The Aukfa Sectional Couch with Solid Wood Legs is only $248 right now. That’s an incredible discount of $402 off the regular price. This sofa’s reversible design makes it one of the most…

A crypto strategist who supercharged his following after nailing the Bitcoin (BTC) 2018 bottom believes one memecoin is gearing up to spark more rallies. Pseudonymous analyst Bluntz tells his 277,200 followers on the social media platform X that he thinks the frog-themed, Ethereum (ETH)-based meme token Pepe (PEPE) is set to witness bullish continuation after pulling back in the last few days. The trader shares a chart suggesting that PEPE will rally close to $0.000014 before ending its five-wave surge. “Nice little PEPE dip this fine Sunday evening, I think it should be bottoming around here any minute now. There…

This Stock Just Surged Past Nvidia To Become The S&P 500’s Biggest Gainer In 2024Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.If someone asked you to guess which S&P 500 stock has gained the most in share value this year, you might be inclined to go with Nvidia. It would be a good guess, but it would be incorrect. Vistra, an energy stock, is the correct answer. This company’s stock is up roughly 300% on the year and almost 40% in September alone.That’s strong enough to make it the top-gaining stock…

Investing.com — Volvo Cars (OTC:) (ST:) reported global sales of 62,458 vehicles in September, a meager 1% rise compared to the same month last year.  The company reported a surge in sales of its electrified models, which include fully electric and plug-in hybrid vehicles, with a 43% year-over-year increase.  These electrified models accounted for 48% of all Volvo cars sold in September, while fully electric vehicles made up 24% of the total sales for the month. From January through September, Volvo Cars sold 560,922 vehicles globally, reflecting a 10% rise compared to the same period in 2023.  “The overall market…

Crypto advocacy group COPA has partnered with Unified Patents to launch a campaign targeting “patent trolls.” According to an Oct. 1 announcement, the Cryptocurrency Open Patent Alliance teamed up with Unified Patents, a member-based organization specializing in patent advisory services, to create the “Blockchain Zone.” The initiative seeks to protect blockchain developers and companies from legal challenges brought by non-practicing entities and patent trolls that want to profit from these litigations. For those unaware, Patent trolls are individuals or organizations that hold patents for the sole purpose of profiting from them through licensing or litigation, in most cases without any…