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WhiteBIT has secured Virtual Asset Service Provider (VASP) licenses in Croatia, Italy, and Kazakhstan, enhancing its presence in key crypto markets. This strategic move allows the exchange to tap into nearly $1 trillion in annual crypto transactions, catering to both institutional and retail clients. CEO Volodymyr Nosov emphasized the importance of regulatory partnerships in fostering innovation while ensuring compliance.
US interest rate markets saw slight upward trends, with the two-year Treasury yield falling to 4.13% and the ten-year to 4.18%. Corporate investment grade and high yield indices gained 1.34% and 1.15%, respectively, while commodity prices weakened, particularly gold and crude oil. Equity hedged strategies across US, European, and Asian markets generally produced positive returns, driven by strong performances in consumer discretionary and financial sectors, despite some volatility in healthcare and energy.
Swiss lawmakers have called for stricter oversight of the financial sector following a report that attributed Credit Suisse's collapse to mismanagement and criticized regulatory responses. Meanwhile, UniCredit's CEO emphasized the need for deeper European banking integration to enhance economic growth, while US regulators face scrutiny over their handling of bank mergers, particularly regarding Capital One's proposed acquisition of Discover. In a separate development, Crédit Agricole has agreed to acquire Santander's stake in Caceis, gaining full control of the asset servicing entity.
In November 2024, risk assets rebounded, with positive returns across various hedge fund strategies, particularly in Equity Hedged and Relative Value sectors. Macro and discretionary trading strategies also performed well, driven by favorable positions in rates and commodities, despite some mixed results in energy and metals. Overall, the market showed a constructive outlook following the US election, with significant performance dispersion among managers.
In November 2024, risk assets rebounded, with positive returns across various hedge fund strategies, particularly in Equity Hedged and Relative Value sectors. Macro and discretionary trading strategies also performed well, driven by favorable positions in rates and commodities, despite some mixed results in energy and metals. Overall, the market showed a constructive outlook following the US election, with significant performance dispersion among managers.
Bruno Grande, founder of KA/NOA, merges Swiss precision with Italian craftsmanship in his men's fashion brand, emphasizing quiet luxury and sustainable practices. Recently, he acquired a stake in Italian trouser manufacturer Equipage, reinforcing his commitment to quality and artisan heritage. With boutiques in Zurich and St. Moritz, Grande aims to build meaningful connections with clients through timeless, versatile menswear.
The Global Uveitis Treatment market is projected to grow from USD 725 million in 2024 to USD 1.28 billion by 2032, with a CAGR of 8.5%. The study covers various treatment types, including corticosteroids and biologic agents, and offers customization options for regional and application-specific analysis. Key players include Novartis, Pfizer, and AbbVie, with North America leading the market and Asia-Pacific identified as the fastest-growing region.
WhiteBIT, Europe's leading cryptocurrency exchange, achieved a record annual trading volume of $2.7 trillion in 2024, marking a 200% increase from the previous year. The platform, which serves over 30 million users and has onboarded 1,300 institutional clients, surpassed major competitors like Kraken and is now the second-most visited crypto exchange globally. With a strong focus on security and innovative trading solutions, WhiteBIT continues to expand its global reach and enhance its competitive edge in the market.
WhiteBIT, Europe's leading cryptocurrency exchange, achieved a record trading volume of $2.7 trillion in 2024, marking a 200% increase from the previous year. With a market capitalization of $38.9 billion, the platform has become the second-most visited crypto exchange, attracting over 1,300 institutional clients through innovative strategies and a robust technical infrastructure. The exchange is committed to security, holding top certifications and expanding its global reach, serving over 30 million users worldwide.
WhiteBIT, Europe's leading cryptocurrency exchange, achieved a record trading volume of $2.7 trillion in 2024, marking a 200% increase from the previous year. With a market capitalization of $38.9 billion, the platform has become the second-most visited crypto exchange, attracting over 1,300 institutional clients through innovative strategies and a robust technical infrastructure. The exchange is committed to security, holding top certifications and plans to expand into the US market.
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