The crypto enterprise Coinbase, rooted in San Francisco, experienced an influx of online visits that surpassed the tenfold increase anticipated by their projections. Brian Armstrong, the CEO of Coinbase, shared updates about the heightened traffic following the exchange’s operational hiccups, which coincided with bitcoin’s climb to $ 64,000 on Wednesday. Coinbase Traffic Spike Surpasses …
US Inflation Rises Beyond Projections: Markets Jittery, Rate Hike in Question
In September, U.S. inflation surpassed expectations, with the U.S. Bureau of Labor Statistics revealing a 3.7% year-on-year surge in the consumer price index (CPI), as per the latest data. While core inflation slightly decreased from 4.3% to 4.1%, market pundits anticipate that the U.S. Federal Reserve might hike the federal funds rate, given the persistent […]
SEC Charges Crypto Investment Adviser for Publishing Misleading ‘Hypothetical Performance Projections’
The U.S. Securities and Exchange Commission (SEC) has charged Titan Global Capital Management for publishing misleading “hypothetical performance projections” regarding its crypto investment product. Titan Global is also accused of violating the marketing rule when it advertised hypothetical performance metrics without taking the required steps. Improper Use of Hedge Clauses The U.S. Securities and …