Jerry Lin

Jerry Lin

The Latest

  • KuCoin Faces DOJ Charges for AML Violations, Founders At Large
    crypto
    The U.S. Department of Justice (DOJ) has levied serious charges against the cryptocurrency exchange KuCoin, along with its two founders, Chun Gan and Ke Tang, both Chinese nationals currently not in custody.
  • China Contests U.S. EV Policies at WTO, Citing Discrimination
    China
    China has escalated its confrontation with the United States over electric vehicle (EV) policies by lodging a complaint with the World Trade Organization (WTO), challenging provisions of the U.S. Inflation Reduction Act that it claims discriminate against Chinese-made EVs and components.
  • Bitcoin Soars Past $71,000 as Market Anticipates Halving Event
    A Bitcoin logo is seen on a cryptocurrency ATM in Santa Monica
    As the cryptocurrency community braces for Bitcoin's forthcoming halving event, the digital currency's value has surged, surpassing the $71,000 mark and inching closer to its all-time high.
  • Binance Executive Escapes Nigerian Custody Amid New Tax Evasion Charges
    BINANCE
    Nadeem Anjarwalla, a British-Kenyan executive at cryptocurrency exchange Binance, has escaped from lawful custody in Nigeria, where he and a colleague were being detained on allegations of tax evasion and other offenses.
  • China's Yuan Dips to Four-Month Low as State Banks Intervene to Stabilize Currency
    Dollar vs Yuan
    China's yuan experienced a notable drop to a four-month low against the US dollar, prompting immediate action from state-owned banks to shore up the currency.
  • Gold Prices Surge to Record Highs Amid Fed Rate Cut Speculations
    Gold Prices
    On Thursday, spot gold climbed 1.1% to $2,209.65 per ounce, briefly touching a peak of $2,222.39, while U.S. gold futures experienced a significant increase of 2.4% to $2,212.40.
  • BoE Holds Rates Steady Amid Inflation Concerns, Signals Cautious Outlook
    UK Central Bank
    The Bank of England (BoE) maintained its benchmark interest rate at 5.25% in a widely anticipated move, underscoring a cautious approach amid evolving economic indicators.
  • Barclays to Implement Investment Banking Job Cuts in Efficiency Drive
    Latin America Economy
    Barclays is set to undertake significant job reductions within its investment banking division, marking a continuation of its strategy to enhance profitability and streamline operations.
  • Fed Maintains Interest Rates, Signals Three Cuts by End of 2024 Amid Economic Optimism
    SECOND TERM
    The Federal Reserve has decided to maintain the current interest rate levels, keeping the benchmark overnight borrowing rate steady within the 5.25%-5.5% range, a status quo since July 2023. This decision aligns with market expectations and underscores the Fed's cautious approach towards adjusting monetary policy amidst economic uncertainties.
  • Bitcoin's Retreat Triggers $400 Billion Crypto Market Loss Amid Volatility
    Bitcoin and Ethereum prices crash
    The cryptocurrency market experienced a significant contraction, shedding approximately $400 billion in value following Bitcoin's slide from its recent all-time high. This marked downturn has rippled through the sector, impacting a broad range of digital assets, including Ethereum and Solana, which have also seen sharp declines.
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