NFT marketplace OpenSea says it received Wells notice from SEC: CNBC Crypto World

NFT marketplace OpenSea says it received Wells notice from SEC: CNBC Crypto World


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CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Ben Gagnon, CEO of Bitfarms, discusses the bitcoin mining company’s planned acquistion of Stronghold Digital Mining.



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Credit concerns reach European markets as bank stocks slide 2.8%
World

Credit concerns reach European markets as bank stocks slide 2.8%

European markets traded firmly in the red on Friday morning as concerns over the banking sector reached the region. The Pan-European Stoxx 600 was 1.5% lower at 8:26 a.m. in London (3:26 a.m. ET), with all major indexes and sectors in negative territory. The U.K.’s FTSE index was 1.5% lower, France’s CAC 40 was down […]

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Luxury stocks just boomed — here’s how investment banks are playing the sector
World

Luxury stocks just boomed — here’s how investment banks are playing the sector

Luxury stocks surged this week after French luxury conglomerate LVMH — a bellwether for the sector — posted a surprise return to growth for the third quarter, putting Europe’s high-end firms on course to continue a multi-year rally. The sector has boomed in recent years, but stagnating sales, price rises , and renewed trade tensions […]

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Trump’s latest China trade spat offers lessons for the copper market amid AI boom
World

Trump’s latest China trade spat offers lessons for the copper market amid AI boom

Key Points Demand for copper is expected to surge over the next decade, powered partly by the ongoing AI boom and a ramp-up in European defense spending. A “fragility” of supply chains, magnified by the current flare-up of trade tensions, shows why a diversity of supply is critical going forward. London Metal Exchange CEO Matt […]

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