• Mar 13, 2025

Crypto wallet integrated with Telegram introduces crypto trading and yield features

Telegram's crypto wallet, developed by a third-party company called The Open Platform (TOP), has introduced new features for people who don't just use Telegram as a messaging app. The updates include multi-asset trading and yield functionalities. Based on the TON blockchain, TOP launched the wallet in 2023. The company reported that over 100 million users have signed up for an account with Wallet on Telegram. Additionally, it noted that most of these users were new to the crypto ecosystem. The w

  • Mar 13, 2025

Cryptoverse: Bitcoin's bear market hits newcomers hardest

A stampede of new investors hoovered up bitcoin at lofty prices as crypto fever ran high after Donald Trump swept to victory in the November U.S. presidential election. Now, barely six weeks after Trump was inaugurated, bitcoin has sunk into a bear market, drained by a sell-off in global stocks. A wave of investors that entered the market chasing bitcoin's rally past $100,000, especially those using borrowed money, are feeling the pinch from its decline.

  • Mar 13, 2025

Canada's CIBC says capital markets head Culham to replace Dodig as CEO

TORONTO (Reuters) -CIBC announced on Thursday that its CEO Victor Dodig would retire in October and be replaced by Harry Culham, the head of the Canadian bank's capital markets division. Culham will serve as chief operating officer as of April 1 and take over as CEO on November 1, Canada's fifth-largest lender said. As part of CIBC's executive shakeup in September, Culham took on additional responsibility to oversee the bank's global asset management business and enterprise strategy, along with CIBC's Caribbean business.

  • Mar 13, 2025

JPMorgan Strategists Say US Stocks Overplay Recession Risk

(Bloomberg) -- US equities are pricing in a recession risk much bigger than credit markets, leaving room for a positive surprise, according to JPMorgan Chase & Co. strategists.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylvania Hospitals at Risk of ClosureStoc

  • Mar 13, 2025

Trade War Erodes Oil Demand as OPEC+ Boosts Supply, IEA Says

(Bloomberg) -- Global oil demand is under pressure from the escalating trade war at the same time that OPEC+ is reviving output, threatening to deepen a supply surplus, the International Energy Agency said.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylvania Ho