Taiwanese law makes it difficult for startups to incorporate on the island, explains a Taipei-based lawyer, meaning many locally based firms legally call another place home. Bitcoin fell. thesamreynolds and Liqquidity report.
Trading was mostly anemic during U.S. hours, with equity markets starting to reflect nervousness over the potential for any drop-off in corporate earnings that might come with a recession. The tech-heavy Nasdaq Composite closed down 1.49%. The S&P 500 slid 0.90% and the Dow Jones Industrial Average was down 0.49%.
"The muted beta in crypto aligns with the idea that cryptoassets might be less susceptible to a drawdown in equities catalyzed by an earnings recession," FundStrat's Sean Farrell wrote Monday in a note to investors.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
First Mover Americas: Grayscale Explores Options to Return Portion of GBTCGrayscale are exploring options to return a portion of its GBTC and Sam Bankman-Fried no longer will contest extradition to the U.S. LedesmaLyllah reports.
Read more »
First Mover Asia: Missing From the Debate About Binance’s Proof of Reserves and Auditor, One Metric Shows Another Exchange Could Be in TroubleMore interesting than proof of reserves, a metric that can be found via on-chain data that wouldn’t be captured in a Mazars report: quality of reserves. Bitcoin was flat heading into Asia hours on Monday. thesamreynolds and Liqquidity report.
Read more »
Ford To Unveil First MEB-Based Vehicle This SpringFord has offered two teaser photos this week of a new electric SUV based on the Volkswagen ID.4 and MEB platform.
Read more »
Buick Debuts Electra E5 SUV In China As Its First Ultium-Based EVBuick did not reveal powertrain specs, but according to China's MIIT, the Electra E5 has a single motor with a peak output of 180 kilowatts (241 horsepower).
Read more »
LA-based Dave's Hot Chicken to open first San Antonio store this weekThe West Side shop will be the first of eight San Antonio-area locations the company has planned. SanAntonio SATX SanAntonioTX SanAntonioFood SanAntonioRestaurants
Read more »