Welcome to the AllNews roundup of the 5 Latest Business News that made the round during the week.
Coinbase Delays Nasdaq Listing To April
Coinbase, the world's second-largest cryptocurrency exchange by volume, has reportedly delayed its listing on Nasdaq after the company had to pay a fine to the Commodity Futures Trading Commission (CFTC).
Yesterday, it was announced that the United States' leading exchange company will have to pay $6.5 million in a settlement with the Commodity Futures Trading Commission (CFTC) over allegations the exchange “self-traded” digital assets between 2015 and 2018. Read more.
8 Important Tips For Successful Crypto Trading
Cryptocurrency trading has evolved from a little spark to an inferno over the past decade, sweeping through the media and gaining a lot of institutional attention.
The nature of investing is somewhat similar to the traditional stocks or other currencies. It pretty much works the same way — buy low and sell high. But the main thing is that it remains unregulated by any government or regulatory body. Read more.
Cardano Is Now Available For Trading On Coinbase
Coinbase announced on Friday that Cardano's ADA has become available to retail traders on the exchange platform for the first time.
The world's second-largest cryptocurrency exchange by volume added support for Cardano's ADA a few days ago — a move that caused a sudden trader interest in the digital asset, sending it to a new all-time high of $1.49 after an over 20 percent spike. Read more.
Manchester City Joins The Crypto Train, Launches Fan Token
Premier League leader Manchester City announced that it has become the latest football club to step into the cryptocurrency arena after teaming up with Socios.com to launch the $CITY fan token.
Socios.com is a fan engagement and rewards mobile app built on the Chiliz blockchain. According to the club, Manchester City fans across the world will be able to use $CITY Fan Tokens to access VIP rewards, Club promotions, games, AR-enabled features, and voting rights in certain binding and non-binding Club polls on Socios.com. Read more.
Stock Market Today: Eterna Drops On Gainers Chart As Trade Value Reaches N4 Trillion
The Nigerian Stock Exchange (NSE) market closed with 4,311.00 deals on Friday, March 19th, 2021, higher than the 4,040.00 deals on Thursday, March 18th, 2021. The volume reached 290,615,950.00 units at the close of the market on Friday lower than the 1,468,421,633.00 units it closed with on Thursday.
The value of trades recorded on Friday was N4,017,766,192.15 with the All-Share Index of 38,382.39 a decrease of -1.37% (-532.45) over Thursday's value of 38,914.84. Read more.
That’s the roundup of the top Business News trending this week. More Business News Updates are available on AllNews website.
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