Author: Anthony M. Orbison
DBS, Singapore’s largest bank, announced it would begin offering over-the-counter (OTC) options trading and structured notes linked to Bitcoin and crypto for institutional clients.JUST IN: 🇭🇰 Singapore's largest bank, DBS to launch #Bitcoin and crypto options trading. pic.twitter.com/lnres4MdMw— Bitcoin Magazine (@BitcoinMagazine) September 17, 2024 As a leading Asian financial institution with over $360 billion in assets under management, DBS is the latest major traditional bank to embrace Bitcoin-linked financial products.Starting in Q4 2024, eligible institutional investors and accredited DBS Private Bank clients can access tailored Bitcoin and crypto exposure through the OTC options. This follows the rising demand from professional…
Forex Trading: How to Avoid Common Mistakes and Achieve Success Forex trading has become a popular investment opportunity for individuals seeking to diversify their portfolios and potentially earn high returns. However, with the vastness of the market and the complexity of trading strategies, it’s easy to make mistakes that can lead to significant losses. In this article, we’ll discuss common mistakes to avoid in Forex trading and provide tips on how to achieve success. Common Mistakes to Avoid Lack of Education and Research: Many beginners dive into Forex trading without understanding the basics of the market, trading strategies, and risk…
BlackSky Technology (NYSE:BKSY) on Tuesday said it intends to offer shares of its Class A common stock for sale in an underwritten public offering. BlackSky intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of its common stock in the underwritten public offering. BKSY -9.81% after hours to $4.55. Source: Press Release More on BlackSky Technology Source link
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.It’s no secret that Walmart always has great discounts, but right now you’ll find incredible deals across several categories during its flash sales. One item to have on your radar is the Inse Cordless Vacuum Cleaner that’s on sale for a whopping $270 off. It’s not very often you can find a $339 vacuum on sale for only $69, especially a versatile model that doubles as a handheld vacuum. More than 1,100 shoppers have given it a…
Stablecoins have so far dominated the crypto payment market, but some Bitcoin developers believe there’s a proposal out there that could offer a legitimate alternative. Seven years ago, Dorier, a long-time developer, set out to democratize bitcoin payment processing by launching a free and open-source alternative to the then-dominant BitPay: BTCPay Server. Today, despite the project’s strong grassroots success among Bitcoin enthusiasts and online merchants, the landscape of cryptocurrency payments has evolved dramatically from when Dorier first began his journey. The rise of stablecoins has quickly dominated the space, pushing bitcoin—the world’s largest digital asset—to the sidelines in the payment processing…
Title: UK Inflation Report: What It Means for the Pound and Forex Market The UK inflation report released by the Bank of England (BoE) can have a significant impact on the pound’s value against other major currencies and can influence the direction of forex market. The report assesses the country’s price growth and inflationary pressure, providing insight into future monetary policy decisions. Introduction The UK inflation rate has been a subject of concern for policymakers and currency traders in recent times, with the Bank of England (BoE) battling to keep prices under control. The inflation report helps to provide a…
Troubled intercity rail operator Avanti West Coast will not be stripped of its contract early by the UK government, according to people with knowledge of the plans. Earlier this year, northern leaders demanded that operation of the route — which connects London with cities including Birmingham, Manchester and Liverpool — be nationalised because of sustained frustrations over performance.Avanti was the worst-performing train operator in the UK between April and June, according to industry figures. Almost 60 per cent of its trains over the period were late, double the national average, figures from the Office of Rail and Road showed. Cancellation levels…
By Jody Godoy (Reuters) – The U.S. Department of Justice sued Visa (NYSE:) for alleged antitrust violations on Tuesday, accusing one of the world’s largest payment networks of suppressing competition by threatening merchants with high fees and paying off potential rivals. Visa processes more than 60% of debit transactions in the U.S., bringing it $7 billion each year in fees collected when transactions are routed over its network, the Justice Department said. The company protects that dominance through agreements with card issuers, merchants, and competitors, prosecutors allege. The bid to tackle the fees, sometimes known as swipe fees or interchange…
Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants, according to a press release sent to Bitcoin Magazine. 10 BTC, currently worth $590,000 at the time of writing, is being granted across 20 different projects around the world focusing on technical education for people living under authoritarian regimes, Bitcoin development conferences, decentralizing mining, and providing human rights groups with more private financial solutions. The main areas of focus for these grants center around Latin America, Asia, and Africa.While the HRF did not disclose how much money each project is receiving specifically, the following 20 projects…
The Importance of Risk Management in Trading: A Guide Risk management is a crucial aspect of trading that is often overlooked or underestimated by many traders, especially beginners. While a good trading strategy and strong market analysis are essential components of successful trading, managing risk is equally important in order to minimize potential losses and maximize gains. In this article, we will explore the importance of risk management in trading and provide a comprehensive guide on how to implement effective risk management strategies. Why is Risk Management Important? Risk management is important in trading because it helps you to: Minimize…