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Bitcoin Plunges 4% And Hitting $45,000 In 2026 Is A Coinflip's Chance, Polymarket Says
benzinga34d ago

Bitcoin Plunges 4% And Hitting $45,000 In 2026 Is A Coinflip's Chance, Polymarket Says

Bitcoin (CRYPTO: BTC) dropped below $70,000 on Friday morning after the U.S. economy unexpectedly shed 92,000 jobs in February, and macro analyst Benjamin Cowen warned the March rally was a textbook bull trap that may now be over.What HappenedNonfarm payrolls came in at negative 92,000, far below the 59,000 consensus and a sharp reversal from January’s revised 126,000 gain. Unemployment rose to 4.4%. The SPDR S&P 500 ETF Trust (NYSE:SPY) fell below 6,800 as oil headed for its biggest weekly gain since the early days of the Ukraine war.Cowen argues the Fed is now trapped. It cannot cut rates aggressively to save the labor market because energy prices are surging amid the Iran conflict. Job openings per unemployed worker have dropped below 1.0 and the U.S. has ...Full story available on Benzinga.com

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Financial Stocks To Keep An Eye On – March 6th
themarketsdaily34d ago

Financial Stocks To Keep An Eye On – March 6th

JPMorgan Chase & Co., Robinhood Markets, Coinbase Global, Intuit, and Citigroup are the five Financial stocks to watch today, according to MarketBeat’s stock screener tool. Financial stocks are shares of companies in the financial sector—such as banks, insurance firms, brokerages, asset managers, and payment processors—whose primary business is providing financial services, lending, underwriting, or managing [...]

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RBI asks banks to give client info on forex deals, positions
economictimes_indiatimes34d ago

RBI asks banks to give client info on forex deals, positions

The Reserve Bank of India is gathering information on foreign exchange deals from banks. This move aims to understand if significant bets are being placed against the Indian rupee. The central bank is looking at client transactions and bank positions. This data will help the RBI manage currency fluctuations and make informed decisions to control volatility in the coming days.

#FOREX
Tinubu constitutes committee to oversee Grid Management Company
ripplesnigeria34d ago

Tinubu constitutes committee to oversee Grid Management Company

President Bola Tinubu has set up an 11-member committee to oversee the operations of the newly approved Grid Asset Management Company Limited (GAMCO). GAMCO is a Federal Government’s initiative designed to tackle Nigeria’s persistent electricity transmission challenges. The inauguration, conducted on Friday by the President’s Chief of Staff, Femi Gbajabiamila, followed the Federal Executive Council’s [...]The post Tinubu constitutes committee to oversee Grid Management Company appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

#ECONOMY
Iridium Communications Inc (NASDAQ:IRDM) Declares Quarterly Dividend of $0.15
watchlistnews34d ago

Iridium Communications Inc (NASDAQ:IRDM) Declares Quarterly Dividend of $0.15

Iridium Communications Inc (NASDAQ:IRDM – Get Free Report) announced a quarterly dividend on Thursday, March 5th. Stockholders of record on Monday, March 16th will be paid a dividend of 0.15 per share by the technology company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. [...]

#STOCKS
Orion Office REIT Inc. (ONL) to Issue Quarterly Dividend of $0.02 on April 15th
tickerreport34d ago

Orion Office REIT Inc. (ONL) to Issue Quarterly Dividend of $0.02 on April 15th

Orion Office REIT Inc. (NYSE:ONL – Get Free Report) declared a quarterly dividend on Wednesday, March 4th. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.02 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date [...]

#STOCKS
Dubai’s Financial System Holds Through Drone Strikes and a Coinbase Shareholder Lawsuit Adds to Exchange Pressure: The New Crypto Tokens With Real Upside Are Built on Conviction, Not Headlines
techbullion34d ago

Dubai’s Financial System Holds Through Drone Strikes and a Coinbase Shareholder Lawsuit Adds to Exchange Pressure: The New Crypto Tokens With Real Upside Are Built on Conviction, Not Headlines

Even as Iranian drone strikes escalated near Jebel Ali Port, the UAE Central Bank confirmed capital adequacy at 17% and liquidity coverage above 146%, exceeding international thresholds. Crypto exchanges activated emergency protocols and both Bybit and Bitget confirmed contingency measures were in place. As CoinDesk confirmed, over 1,800 crypto companies operate across the Emirates, and [...]The post Dubai’s Financial System Holds Through Drone Strikes and a Coinbase Shareholder Lawsuit Adds to Exchange Pressure: The New Crypto Tokens With Real Upside Are Built on Conviction, Not Headlines appeared first on TechBullion.

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War In The Middle East: GCC Mulls Action Over Iranian Attacks
platodata34d ago

War In The Middle East: GCC Mulls Action Over Iranian Attacks

At least 10 people have died, and more than 100 have been injured, after Iran launched barrages of missile and drone attacks against every member of the GCC in retaliation for US-Israeli strikes on Tehran. Until February 28, few in the Gulf Cooperation Council (GCC) could have imagined missiles flying overhead, let alone crashing into [...]

#TECH#ECONOMY
Bitcoin Slips to $68,000 as Middle East Conflict and US Jobs Data Trigger Sell-Off
news_bitcoin34d ago

Bitcoin Slips to $68,000 as Middle East Conflict and US Jobs Data Trigger Sell-Off

Bitcoin surrendered its $70,000 support level, triggering a broader crypto market retreat that wiped out $329 million in leveraged positions. This downturn was fueled by a perfect storm of geopolitical and macroeconomic pressures. Wiping out the ‘War Gains’ Bitcoin’s midweek resilience crumbled Friday, March 6, as the cryptocurrency surrendered the psychological $70,000 stronghold. After a [...]

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