Thursday, March 28, 2024
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Stock markets across Asia and Europe bleed red as interest rate woes return

Asian and European stock markets faced sharp declines on Friday, with China spearheading the downturn as its September Consumer Price Index (CPI) showed no growth. Markets pundits say weak economic indicators from China could cause concern for the global economy.European stocks also traded lower on Friday due to problems stemming

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What’s Next for Bitcoin (BTC) Prices Amid the Return of U.S. Markets Correlation?

“The positive correlation between cryptocurrencies and the stock market is temporarily back on track,” shared Alex Kuptsikevich, the FxPro senior market analyst, in a note to CryptoX. “Despite the storm in the equity markets, the crypto market remains subdued, losing only 0.3% in 24 hours to $1.045 trillion.” Source

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Stanford University to Return Millions in Gifts Linked to FTX amid Controversy

The move comes shortly after the beleaguered crypto exchange FTX filed a lawsuit against the parents of its founder, Joseph Bankman and Barbara Fried, both distinguished professors at Stanford Law School. Stanford University has decided to return millions of dollars in gifts it received from the now-bankrupt crypto exchange FTX following

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