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$4.4B Liquidated From Crypto Exchanges As Bitcoin's Market Cap Falls Under $1 Trillion
Tuesday, February 23, 2021 - 7:01am | 552Read More...What Happened: Bitcoin, Ethereum, and other major cryptocurrencies fell by over 17% as the crypto market was dominated by red candles. Bitcoin was trading at $46,500 at press time, and its market cap fell below $1 trillion for the first time since crossing it a week ago. The second-largest...
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Why Another March Crash Is Not Likely For Bitcoin
Monday, February 22, 2021 - 1:17pm | 439Read More...What Happened: Bitcoin (BTC) price has seen one of its most significant rallies since its inception in February, as the cryptocurrency rose from $33,000 to $58,000 during this month alone. However, according to historical data, that trend may be set to reverse momentarily as March approaches....
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Hong Kong To Issue Cryptocurrency Trading Regulations
Wednesday, November 6, 2019 - 6:54am | 290Read More...Hong Kong’s Securities and Futures Commission (SFC) will publish new regulations for digital currency exchange desk in the city, Reuters reports. What It Means The guidelines will allow the exchanges to operate in the autonomous region under China within a legal framework. They will...
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CME Reports Better-Than-Expected Q4, Record Daily Volume
Friday, February 5, 2016 - 9:04am | 247Read More...CME Group Inc (NASDAQ: CME) reported its fourth quarter results on Friday. The company earned $0.92 per share in the quarter on revenue of $814 million. Wall Street analysts were expecting the company to earn $0.90 per share on revenue of $810.8 million. Net income for the quarter fell to $...
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Citigroup 'Cools' On Intercontinental Exchange
Friday, December 5, 2014 - 9:57am | 170Read More...Neil Stratton of Citigroup downgraded shares of Intercontinental Exchange Inc (NYSE: ICE) on Friday to Neutral from Buy despite raising his price target to $240 from a previous $226. Stratton notes that shares of Intercontinental Exchange appreciated approximately 17 percent quarter-to-date,...
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Deutsche Bank: Owning Nasdaq OMX Group, Inc. Could Reward Investors In The Long-Term
Thursday, October 2, 2014 - 1:17pm | 256Read More...On Thursday, Brian Bedell of Deutsche Bank released a year-end strategy report on Brokers, Asset Managers and Exchanges. The analyst favors owning shares of Nasdaq OMX Group, Inc. (NASDAQ: NDAQ) along with InterContinental Exchange (NYSE: ICE). The two exchanges offer investors...
