ABU DHABI, United Arab Emirates — U.S. cryptocurrency exchange Kraken is expanding into the Middle East and will open its regional headquarters in Abu Dhabi after receiving a full license to operate a regulated trading platform in the UAE.
U.S. stock futures fell on Monday amid a four-week losing streak for the Dow Jones Industrial Average as investors weighed the likelihood of rising interest rates. Wall Street is also bracing for a stacked week of earnings, including reports from major tech companies such as Amazon and Apple.
Russia’s $124 billion crypto market is facing new restrictions from measures to punish the Kremlin for its invasion of Ukraine, amid warnings that digital currencies could eventually help ease the pain of sanctions.
Stock futures were lower in early morning trading Friday as the S&P 500 tried to avoid another losing week amid busy earnings and rising bond yields.
In a calm week for cryptocurrency trading, Bitcoin rose above a key technical level with little fanfare on Wednesday, while a coin tied to the popular Bored Apes NFTs surged to a record.
Stock futures rose in early morning trading as investors digested more quarterly reports from the likes of Tesla and United Airlines.
“Tribalism” around bitcoin and other cryptocurrencies is holding back the entire $2 trillion market, according to the boss of blockchain firm Ripple.
Stock futures slipped in early morning trading as investors digested disappointing Netflix earnings and looked ahead to a new batch of companies set to report Wednesday.
Bitcoin’s negative correlation with commodity markets is providing more fodder for critics of its suitability as a hedge for inflation.
Stock futures rose early Tuesday morning as traders navigate one of the busiest weeks of corporate earnings season.
