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JP Morgan Says Cryptocurrency Markets Are ‘looking Frothy’

Global investment bank JPMorgan says cryptocurrency markets are “looking frothy” as retail investors spill over from the stock market into cryptocurrencies and non-fungible tokens (NFTs). Crypto Markets Look Frothy, According to JPMorgan JPMorgan published a note Wednesday on the stock market and cryptocurrencies. It explains that retail investors bought stocks at a

Bithumb to Ban Foreign Traders Failing Mobile Phone Identification

South Korean crypto exchange Bithumb said it will deny access to foreigners unable to verify their identities via mobile phone. The decision comes as the trading platform moves to comply with the country’s updated regulations coming into force later this month. Korean Exchange Bithumb Prepares to Register Under New Rules Foreign nationals

European Citizens Reject EU-Imposed Crypto Regulation

Most European citizens reject the idea of a cryptocurrency regulation regime imposed by the European Union (EU) on its member states, according to a recent survey. Most surveyed citizens lean towards independent cryptocurrency regulation in each country, compared to 25% that approve an EU-imposed regulation. However, most of the citizens

5 Important Factors to Consider in the Stock Market

Disney (DIS) CEO Bob Iger’s confrontation with Nelson Peltz’s Trian Fund Management is in investors sights' as the company holds its annual shareholder meeting Wednesday; shares of Intel (INTC) are down in premarket trading after the legacy chipmaker disclosed a widening loss in its foundry business; Paramount Global (PARA) shares