Senate Banking Committee Chair Hints at Crypto Ban, Cites National Security
Senator Sherrod Brown added that a ban would be difficult because crypto would then "go offshore, and who knows how that would work."
Source: businessinsider.com
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Recession Outlook 2023: BofA Expects Downturn in Q1, Stock Strategies
BofA sees opportunities in 3 specific areas of the stock market, even though it's forecasting a recession in the first quarter of 2023.
Source: businessinsider.com
Cathie Wood's Ark Buys the Dip on Tesla Amid Musk Sell-Off
Cathie Wood's ARK Invest bought nearly $12 million worth of Tesla stock Wednesday, following Elon Musk's sale of $3.6 billion worth of shares.
Source: businessinsider.com
Stock Market News Today: Markets Turn Sour on Europe's Rate Hikes
The Dow plunged as US stocks opened lower Thursday after the European Central Bank followed the Fed in raising benchmark interest rates.
Source: businessinsider.com
Binance CEO 'CZ' Says 100% of Customer Assets Are Backed One-to-One
Binance CEO Changpeng Zhao said Thursday that users will have no issue withdrawing funds, and touted the exchange's backing of customer assets.
Source: businessinsider.com