Tech-oriented lender Erebor Bank is preparing for a substantial fundraising round anticipated to secure around $1.5 billion. The deal, valued at approximately $9.5 billion, includes
Tag: Bank
Crypto Market Watch – A Look Ahead to the Week
Crypto markets enter the week with the near-term direction tied to whether easing U.S. inflation can keep the Federal Reserve’s interest-rate policy on hold and
Bitcoin Surges Above $65,000 as US Nonfarm Payrolls Data Aids Risk Assets
The cryptocurrency market saw a significant rally above $65,000 following weaker-than-expected nonfarm payrolls data released by the Bureau of Labor Statistics (BLS). The drop in
Joint Yen Intervention Signals Shift in Monetary Policy
The United States and Japan have undertaken a coordinated intervention in the foreign exchange market for the first time in twenty-eight years, aiming to curb
Japan and U.S. Joint Yen Intervention May Influence Bitcoin and Risk Assets
Japan and the U.S. conducted a rare joint intervention to prop up the yen, which had fallen to 40-year lows of 164 per dollar, marking
Brazil’s Central Bank to Delay Crypto Transfers Abroad and to Self-Custody Wallets Starting 2027
Brazil’s central bank will impose a 24-hour delay on crypto transfers exceeding $10,000 or deemed risky under new rules set to take effect in early
Brazil Central Bank to Require Crypto Holds Before International Transfers
New regulations will introduce a 24-hour delay for cryptocurrency transfers, aiming to combat illicit finance. The Brazil central bank is set to implement new rules
Investors Watch Data for Inflation Signals
Markets are closely monitoring economic data releases, specifically this week’s U.S. jobs report, to determine the trajectory of inflation and its subsequent effects on monetary
Intesa Sanpaolo Significantly Reduces Bitcoin and Ether Exposure
Italy’s second-largest bank trimmed its holdings in cryptocurrency assets during the second quarter, reflecting broader market sentiment. Intesa Sanpaolo reduced its investment in Bitcoin and
