The ECB executives agree that the expectation of spot ETF approvals drove the price of Bitcoin, but they believe it could turn out to be “a flash in the pan.”
The Gyeonggi tax department used the resident registration data of “delinquents,” tracing their mobile phone numbers to detect their accounts on crypto exchanges.
Mortgage rates are once again rising, causing grief for many would-be homeowners. Meredith Whitney — dubbed the "Oracle of Wall Street" for predicting 2008's Great Financial Crisis — previously sat down with Yahoo Finance to explain what she called the "Silver Tsunami": how baby boomers aging closer to retirement age will seek to downsize their current living situation, ultimately freeing up a large volume of housing inventory. Meredith Whitney Advisory Group CEO Meredith Whitney joins Yahoo Finance again to give further insight into how the housing market is in a transitional phase and which regions will see the brunt of that transition. Whitney gives historical context and outlines the economics behind why people are moving, and to where:"Over the last 60 years, it's been a coastal Sun Belt revolution and I think what I believe, or I saw, over ten years ago was that people are going to start moving based on state dynamics in terms of better cost of living. No income tax dates. And you've seen that. So Texas, Tennessee, the Carolinas, Nevada, Utah — those have all been the strong states and the weaker states have seen out-migration. That's California, New York, Pennsylvania, New Jersey, Illinois. And so what you see, out-migration jobs have already gone so companies have relocated. Texas is the state with the most Fortune 500 companies. That wasn't the case ten years ago." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
Fairshake, a political action committee supported by Coinbase and a16z, has a $73 million war chest to oppose anti-crypto candidates and support those in favor of digital assets.
Lawyers Marc Mukasey and Torrey Young will represent the former FTX CEO through his sentencing on March 28, while Christian Everdell and Mark Cohen are withdrawing.
The parent company of a yet-to-launch crypto exchange teamed up with the Crypto Freedom Alliance of Texas in hopes of heading off securities trading charges.