The U.S. net international investment position (IIP), the difference between U.S. residents’ foreign financial assets and liabilities, was –$16.31 trillion at the end of the second quarter of 2022, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $30.98 trillion, and liabilities were $47.29 trillion. At the end of the first quarter, the net investment position was –$17.75 trillion.
Conventional wisdom holds that if the dollar is stronger, assets such as cryptocurrencies get cheaper. Yet is that really the case?This past week,…
Brazilian companies in the cryptocurrency sector were providing “deficient” and “little useful” information to the Financial Activities Control Council (Coaf), when the entity’s alert system was open for companies to report suspicious transactions. This statement was made this Tuesday (20) by Rochelle Pastana Ribeiro Pasiani, General Coordinator of Intelligence at Coaf, during participation in an …
Bitcoin’s price peaked last November as the Fed prepared the world for its move to tighten monetary policy to fight inflation. Find out what to expect this week.
The “Office of Crypto Assets” and the “Office of Industrial Applications and Services” will join seven existing offices under the Securities and Exchange Commission (SEC) department which handles corporate disclosure filings.
The largest cryptocurrency by market capitalization was down more than 4% over the past 24 hours.
Cryptos have shown themselves to be correlated with tech stocks, so a wave of earnings from Big Tech in coming days could drag around digital assets.
The price of bitcoin and other cryptocurrencies crumbled Monday, after a major cryptocurrency lender effectively failed.
Economists’ definitions of so-called safe assets — those that serve as a bolt hole for nervous money in crises — are often devoid of political content. This
The Securities and Exchange Commission (SEC) of the United States has published recommendations for cryptocurrency trading platforms. According to the guideline, platforms were advised to record digital assets held for users on their balance sheets at fair value. According to John Deaton, an attorney representing XRP investors in the Ripple vs. SEC dispute, the SEC […]