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Coinbase Agrees To Pay $6.5M In Settlement With CFTC Over Deceptive Reporting, Wash Trading Charges
Saturday, March 20, 2021 - 5:07pm | 388Read More...The Commodity Futures Trading Commission and Coinbase Inc. have come to a settlement over charges against the San Francisco-based digital currency exchange. What Happened: The commission on Friday ordered Coinbase to pay $6.5 million over charges of reckless false, misleading or inaccurate...
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Binance Under Investigation By Commodity Futures Trading Commission Over Derivatives Activity: Report
Saturday, March 13, 2021 - 1:51pm | 190Read More...The Commodity Futures Trading Commission is reportedly investigating the major cryptocurrency exchange Binance. What Happened: The commission is looking into whether U.S. residents have traded derivatives that Binance monitors, Bloomberg reported yesterday, citing people familiar with the matter....
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Mondelez, Kraft To Pay $16M To Resolve Allegations Of Futures Market Manipulation
Friday, March 6, 2020 - 1:58pm | 419Read More...Food giants Mondelez International Inc (NASDAQ: MDLZ) and Kraft Food Groups will pay $16 million to settle allegations they created unfair advantages in wheat futures, The Wall Street Journal reported. The Mondelez, Kraft Settlement Mondelez and Kraft were once part of a single corporate...
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CFTC Warns Against Cryptocurrency Pump And Dumps
Thursday, February 15, 2018 - 3:46pm | 377Read More...Cryptocurrency traders were seemingly undeterred Thursday by Commodity Futures Trading Commission publications warning of pump-and-dump schemes. Eighty-nine percent of the top 100 cryptocurrencies trended up on the day, according to CoinMarketCap.com. The CFTC issued a Customer Protection Advisory...
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New Ruling Defines Bitcoin As A Commodity In The US
Friday, September 18, 2015 - 7:19am | 305Read More...The Commodity Futures Trading Commission has cracked down on California-based startup Coinflip Inc. for conducting business without registering with the agency or meeting the criteria to qualify for an exemption. On Thursday, the Commission issued a statement saying that it had filed and...
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Gold ETFs On The Verge Of A Major Breakdown (GLD, GDX, GDXJ)
Tuesday, May 27, 2014 - 3:22pm | 475Read More...The price of gold is falling once again Tuesday, down one percent in early trading to the lowest level since February. Leading Tuesday’s sell-off are the numbers out of China regarding the precious metal. Chinese net imports of gold from Hong Kong fell to 67 tons in April, much lower than...
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Who Is Buying Gold At $1,290 And Why?
Tuesday, May 20, 2014 - 3:50pm | 1070Read More...During the last six trading sessions (including Tuesday), gold futures have one familiar theme: A buyer or group of buyers around the $1,290.00 level. It is not difficult to identify that buyers have targeted the area to either bring in shorts or to build a large long position. Of course, for...
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Market Primer: Tuesday, October 22: Nonfarm Payrolls Likely To Show US Was On A Roll Ahead Of The Shutdown
Tuesday, October 22, 2013 - 7:00am | 1148Read More...Nonfarm payrolls data for September is due out on Tuesday, almost two months late due to the US government shutdown. The data is expected to show that US job growth increased in September before the political squabbling halted some of the nation’s momentum. Analysts are expecting that...
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Unwinding the Short-Squeeze on the Dollar
Tuesday, May 31, 2011 - 9:32am | 238Read More...According to data reported by the Commodity Futures Trading Commission, investors have been closing bearish bets on the U.S. dollar, which may have been working to drive the dollar higher in recent weeks, reports Bloomberg. The U.S. dollar had declined sharply against other currencies in recent...
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The Squeeze is On! Silver Continues Its Climb (SLV, UDN, JPM, HSBC)
Friday, April 22, 2011 - 12:08am | 885Read More...It would appear as though the silver market is in the midst of a short squeeze. The NYMEX futures price of the commodity rose over 4.5% in Thursday's trading action, closing near the highs of the day. The price of silver has now risen for seven consecutive days, and 15 out of the past 17 trading...
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Obama Briefed On Greece And Market Turbulence
Thursday, May 6, 2010 - 9:20pm | 206Read More...President Barack Obama was briefed on the market turbulence and debt situation in Greece today by Treasury Secretary Timothy Geithner and Lawrence Summers. The Obama administration said it supports efforts to provide emergency loans to Greece. Separately, U.S. regulators announced an investigation...
