US Banks: Unrealized Losses Surge to Record $684 Billion in Q3
Market Analysis

US Banking Unrealized Losses Have Surged in Q3

November 30, 2023 0

American banks are not out of the woods yet and are still reeling from the banking crisis that rattled the nation earlier this year. Unrealized losses continue to mount up, which isn’t a major problem […]

Court Gives Go-Ahead for FTX $744M Trust Asset Sale
Market Analysis

Court Approves FTX’s Sale of $744 Million in Assets

November 30, 2023 0

Debtors of the now-defunct FTX cryptocurrency exchange have received approval to liquidate the exchange’s trust assets, totaling more than $700 million. “The Debtors are authorized, but not directed, to execute sales of the Trust Assets, […]

US Official Issues Stern Warning To Crypto Firms Breaking The Law
Market Analysis

US Government Issues Warning To Crypto Firms Breaking The Law

November 30, 2023 0

The United States Deputy Treasury Secretary has strongly cautioned crypto firms suspected of participating in illicit activities. “According to the Office of Financial Research, in 2021 alone, companies reported more than 2 billion transactions totaling […]