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BTC drops 20% since 11 January peak
BTC is now trading at c. USD 39k, down from a USD 49k+ high during trading on 11 January
PIF’s first bond sale of 2024 was 5x oversubscribed
The offering was 5x oversubscribed
Dubai launches AED 1 bn scholarship program for Emirati students
The program will benefit Emirati students at public and private schools
US companies have sold more than USD 150 bn worth of bonds since the start of January
Borrowers have been tapping the debt market to take advantage of lower yields
Shipping company hit with sanctions for breaking cap on Russian crude
The sanctions block the shipping company from engaging in USD-denominated transactions
Reddit IPO in March?
The social media platform plans to sell a 10% stake in its revived IPO plan
A new law for public-private-partnerships
The law was enacted on 1 December 2023
Investors pour USD 900 mn into BTC ETFs in three days
The US’ SEC greenlit the funds last week
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