Welcome to The Daily Leo! We pull the best articles in Finances, Crypto news and Hive/Leo into one condensed information packed space.
Be sure to follow @thedailyleo so you never miss the Daily LEO. You can also subscribe to the newsletter here Subscribe to the Daily LEO
Short Bets on US Stocks Hit $1 Trillion, Most Since April 2022
Short sellers are ramping up bets against US stocks even as paper losses on the positions surpass $100 billion.
Total US short interest, or the amount traders have spent betting against US equities, exceeded $1 trillion this month as ...
Bank of England hikes interest rates to 5%, stoking fears of a ‘mortgage bomb’
The Bank of England raised interest rates by half a percentage point Thursday, after data this week revealed surprisingly stubborn inflation. The move will pile pain on people with mortgages and put more downward pressure on house prices. The decision in favor of a 13th consecutive hike takes the main borrowing cost for commercial banks in the United Kingdom to 5%, the highest since April 2008 ...
US banks push back as regulators prepare international capital hikes
U.S. banks are pushing to soften a major regulatory proposal to hike bank capital requirements, worried it could prove too onerous, especially for lenders still reeling from the March banking crisis, according to six people briefed on the matter. Bank regulators led by the U.S. Federal Reserve are finalizing the proposal which would implement international capital standards ...
‘The Great Accumulation’ of Bitcoin has begun, says Gemini’s Winklevoss
Recently renewed optimism for an approved Bitcoin spot exchange-traded fund (ETF) is igniting “The Great Accumulation Race” for Bitcoin, according to industry pundits.
Over the past week, Fidelity, Invesco, Wisdom Tree and Valkyrie have followed investment giant BlackRock in applying for ...
Gods Unchained Hits Epic Games Store Ahead of Mobile Expansion
Digital card battler Gods Unchained, one of the longest-running NFT games on the market, is getting a fresh lease on life in 2023 with a slew of new planned features—and a potentially much broader audience thanks to its debut in the Epic Games Store ...
Bitcoin equities ETF hits Euronext Amsterdam stock exchange
The Netherlands has welcomed a new equity exchange-traded (ETF) fund that will give investors exposure to a basket of Bitcoin-related company stocks.
French investment firm Melanion Capital’s Bitcoin Equities ETF began trading on the Euronext Amsterdam Stock Exchange on June 22, introducing an equities-based approach to investing in the Bitcoin ecosystem.
Binance Continues Global Expansion With Regulated Kazakhstan Crypto Exchange
The pressure may be on the world’s largest crypto exchange, but Binance continues to expand operations into friendly jurisdictions. Kazakhstan is the latest location for a new regulated Binance crypto exchange.
Binance announced the launch of a regulated digital asset platform in Kazakhstan.
LeoFinance partners with SanR | Santiment's Trading Platform
With this partnership, LeoFinance aims to provide a tool for its userbase and Hivers to learn about the art of crypto trading. Users will now be able to practice trading without risking real money and they can track their trading decisions too which can be a great learning experience.
Introducing Hive Communities on LeoFinance | Want to Have Your Own Threads UI?
It's vision to become 'The Everything App for Web3 communities' made LeoFinance open up. It now has the Hive communities on the UI.
Discover how it begun, how things are evolving, shaping up and find out the whole new twist that may come soon. Will it drop the Finance from its name?
LeoFinance is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.