Hopes of approval for a spot Bitcoin (BTC) exchange-traded fund by the United States Securities and Exchange Commission boosted Bitcoin’s price by 27% in October. This improved sentiment, attracting aggressive buying by crypto investors. Bloomberg senior ETF analyst Eric Balchunas highlighted in a post on X (formerly Twitter) that ProShares Bitcoin Strategy ETF (BITO), the
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Market data platform SOLVE has introduced a public finance workflow solution that shows historical scales for all muni deals, allowing for spread comparisons of where a deal priced in the past to where it might price in current market conditions. The firm’s clients wanted a tool to deliver deal-based spreads on their terms, said Gregg
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Bitcoin (BTC) institutional investment vehicles are seeing a major volume boost as excitement over possible United States regulatory changes takes hold. Data from resources including Bloomberg showed Bitcoin exchange-traded funds (ETFs) and others nearing record weekly inflows. BITO, GBTC trade $2.5 billion  Hints that the U.S. might soon allow a Bitcoin spot price-based ETF have
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The Municipal Securities Rulemaking Board has approved its first fees under its new rate card model, which helps the board respond to market pressures and adjust yearly rates accordingly, and expects to file those changes with the Securities and Exchange Commission within a month’s time. Of the four fees the board collects from regulated entities,
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Top Stories This Week Sam Bankman-Fried takes the stand on FTX’s collapse Sam “SBF” Bankman-Fried testified this week in his ongoing criminal trial in the Southern District of New York, denying any wrongdoing between FTX and Alameda Research while acknowledging making “big mistakes” during the companies’ explosive growth. Highlights of his testimony include denying directing
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A new stream of federal funding may find its way into office conversions and other efforts designed to boost the nation’s housing supply, and public finance officers are eyeing a renewed effort to finance homebuilding with new rules on Community Development Block Grants and the freeing up of federally-owned land.  The new efforts were officially
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Crypto lender BlockFi announced its emergence from insolvency this week, just a few days after FTX announced that it successfully reclaimed approximately $7 billion in assets. FTX debtors, comprising FTX and affiliates, estimate that $8.7 billion has been misappropriated from customers. BlockFi has lent FTX more than $650 million, making it one of the exchange’s
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Municipals were steady Friday ahead of an expected paltry new-issue calendar. U.S. Treasuries were firmer 10 years and in and equities were mixed after a volatile week of market-moving economic data and increasing geopolitical tensions in the Middle East while all markets await the Federal Open Market Committee’s November meeting. “Any chance of a dovish
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In this article CNXC Follow your favorite stocksCREATE FREE ACCOUNT Luis Alvarez | Digitalvision | Getty Images Company: Concentrix (CNXC) Business: Concentrix provides technology-infused customer experience (CX) solutions and runs customer service for 2,000 customers globally. They are the second largest outsourced CX company globally and provide CX process optimization, technology innovation, front- and back-office
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