Martin Gruenberg said agencies like the FDIC need to provide "robust guidance" to the banking industry on how to manage the risks to consumers posed by crypto assets.

Acting Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg named evaluating crypto risks as one of the agency's top priorities for 2022 in a statement issued Monday.

Gruenberg became acting chair of the FDIC on Feb. 5 following the resignation of Jelena McWilliams, who had held the post since 2018. Gruenberg had served as an FDIC board member since mid-2018; prior to that, he was the FDIC's chairman for a five-year term starting in 2012.Read More

North Korean cyber-attacks have stolen millions of dollars worth of cryptocurrency to fund the country's missile programmes, a UN report briefed to media says.

Between 2020 and mid-2021 cyber-attackers stole more than $50m (£37m) of digital assets, investigators found.

Such attacks are an "important revenue source" for Pyongyang's nuclear and ballistic missile programme, they said.Read More

Didi Taihuttu, patriarch of the so-called 'Bitcoin Family,' is setting down roots in Portugal, Europe's ultimate crypto tax haven.

Settling down is a big deal for the Dutch family of five, who have traveled the world for the last five years. But after spending time in 40 countries, Portugal — which is one of the last places in Europe with a 0% tax on bitcoin — was just too enticing a destination to ignore.

"You don't pay any capital gains tax or anything else in Portugal on cryptocurrency," said Taihuttu. As long as you don't earn cryptocurrency for providing services in Portugal, you're in the clear.Read More

The decision was taken by RBI in view of Maharashtra declaring public holiday on February 7 to mourn death of Bharat Ratna legendary singer Lata Mangeshkar

The Reserve Bank of India (RBI) on Sunday announced that there will be no transactions and settlements in government securities (primary and secondary), foreign exchange, money markets and Rupee Interest Rate Derivatives on February 7, 2022. Read More

TAIPEI (Reuters) - Taiwan's central bank has allowed Deutsche Bank to start trading Taiwan dollar deliverable and non-deliverable forwards again, three sources told Reuters, after it suspended them as part of a crackdown on speculation last February.Read More

Euro falls back after surging last week

* Analysts say ECB turn is big deal for single currency

* Dollar ticks higher, traders await Thursday CPI data
(Adds details, more quotes, latest prices)

LONDON, Feb 7 (Reuters) - The euro dipped on Monday after a
surge last week that followed a hawkish shift by the European
Central Bank, as traders turned to the dollar betting the jump
in U.S. jobs created in January could lead to faster Federal
Reserve rate hikes.

The...

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Here is what you need to know on Monday, February 7:

The greenback is staying resilient against its rivals at the start of the week following Friday's rebound, which was fueled by the upbeat January US jobs report. There won't be any high-tier macroeconomic data releases on Monday and major currency pairs are likely to move sideways. US stock index futures are trading flat and the benchmark 10-year US Treasury bond yield stays calm near 1.9% early Monday, pointing to a neutral market mood.Read More

NYSE:PLTR

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Daily Chart = Min 1-2 Months, Hold 2-4 Weeks

Activision Blizzard , Inc. , together with its subsidiaries, develops and publishes interactive entertainment content and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Activision Publishing, Inc. ; Blizzard Entertainment, Inc. ; and King Digital Entertainment. It develops and distributes content and services...

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The Range within the expanding pattern is enormous.

So much so, a basic and typical Mean Reversion would
see Price Fall to the low 200s for the SPY .

Difficult to fathom for most.

"Soft Landings" never occur.

Never.

They never have nor will they ever.

Quite recently the Media has been touting this repeatedly.

A cause for concern, as they are wholly owned subsidies of theRead More