Key Inflation Gauge Cools, US Consumer Spending Misses Forecasts

(Bloomberg) — The Federal Reserve’s preferred inflation measures eased in November while consumer spending stagnated, suggesting the central bank’s interest-rate hikes are helping to cool both p...

XRP Price Acts Encouraging as SEC Announces Change in Major Post

Gamza Khanzadaev XRP shows encouraging price action amid SEC general counsel’s departure Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purpos...

Paxos burns PAXG tokens in four FTX drainer wallets 

Reports surfaced yesterday that Paxos had burnt PAXG in four different FTX drainer wallets. Earlier, observers thought PAXG, issued by Paxos, had been moved by the FTX hacker. However, as it turns out...

Former Alameda Research CEO Plea Agreement Consists Bail Condition

The ongoing hearing as a part of judicial procedure regarding FTX and Alameda Research collapse and it recently got an update. Former CEO of trading firm Alameda Research Caroline Ellison reported to ...

“Be Wary Of Proof of Reserve”

2 hours ago | 2 mins read News Since the demise of FTX, several crypto firms have commissioned “proof-of-reserves” audits. The change comes as the fallout from FTX has spread throughout the crypto ind...

Why $100 Million-Plus Jude Bellingham Should And Shouldn’t Join Real Madrid

Arguably the most highly valued teenager in world soccer, Bellingham’s stock has risen drastically … [+] this year. Getty Images The noise echoing from Spain tells us Borussia Dortmund’s m...

Will DOGE reach 1 cent?

It appears that the crypto winter is still going strong. Every time cryptocurrencies attempt to rise again, another piece of terrible news hits the community, sending values down below. Dogecoin was g...

Astar Network named ‘Product of the Year’ in Japan

Astar Network (ASTR/USD), a leading Polkadot parachain with multi-chain smart contracts support, is the ‘Product of the Year’ winner after bagging the award at the 4th annual Blockchain Award. The pla...

First non-EVM solution brings NEAR to Metamask

Proximity Labs has developed the first non-Ethereum Virtual Machine (EVM) blockchain solution compatible with Metamask — a popular Ethereum wallet. Compatibility is achieved through a smart contract d...

Robocall company may receive the largest FCC fine ever

The FCC has proposed a $299,997,000 fine against “the largest robocall firm” it has ever investigated, the regulator announced. It would be the FCC’s largest fine ever, and targets a...

Five Worst Performing Altcoins In Crypto Market

BeInCrypto looks at five altcoins that decreased the most from the entire crypto market last week, specifically from Dec. 16 – 23.  These digital assets have taken the crypto news and crypto market sp...

Is reverse stock split coming for AMC? Here is what it means to price

AMC Entertainment Holdings, Inc. (NYSE:AMC), a stock loved by retail investors, is having a rough time. The shares closed down nearly 8% on Thursday on stock market news that did not excite its fans. ...

Tesla stock, Elon Musk’s safe haven asset

Canadian billionaire Elon Musk has let it be known that it is not his intention to sell Tesla stock for at least the next three years as he believes the share price will soon rebound. As the leading E...

The Secure Act Will Change Retirement Policy. 6 Big Changes That Will Soon Become Law.

Now that the Senate has passed a sweeping spending bill to fund the federal government into next year and avert a shutdown, advisors are cheering a major overhaul of the rules around retirement saving...

FTX Wants Judge’s Help Over $450 Million Robinhood Shares

Join Our Telegram channel to stay up to date on breaking news coverage Troubled cryptocurrency exchange FTX has sought the help of a US bankruptcy court regarding the ownership of $450 million worth o...

ADA Price Analysis : Will Cardano rally 15% from recent lows at $0.2474

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This Is What Experts Are Saying About Golteum Vs Gcoin Vs PaxGold

Investing in the current market is a risky venture, especially concerning cryptocurrency. Market volatility and unfulfilled promises from projects are running rampant – making it all that much more di...

Sam Bankman-Fried Released on $250 Million Bail

Former CEO and founder of FTX, Sam Bankman-Fried, has been released on $250 million bail as he awaits trial for eight federal charges related to fraud. The 30-year-old crypto whizz is accused of misma...

Analyst reads full-fledged capitulation in Tesla as it becomes the most purchased stock

Vanda research firm says that Tesla, Inc. (NASDAQ:TSLA) is set for a huge capitulation in 2023. That comes amid increased retail interest in the stock at low valuations. The electric vehicle maker’s s...

US Inflation Gauge PCE Clocks in at 4.7% YoY

The US Personal Consumption Expenditures price index (PCE) increased by 0.1% in November compared to October and by 4.7% compared to a year ago. As the world’s most powerful economy made the announcem...

Why the Fed, and Jerome Powell, should hit the pause button on rate hikes

“Hasten slowly and ye shall arrive” said the ancient Tibetan poet, Milarepa. The Federal Reserve Board clearly does not share this philosophy. It has tightened monetary policy at a dizzying pace, taki...

Orthogonal Trading is reportedly under provisional liquidation

BVI-based Orthogonal Trading is reportedly under provisional liquidation. M11 Credit initiated the liquidation application along with the Maple Foundation earlier this month.  British Virgin Islands-b...

Litecoin price analysis: LTC prices continue to soar as market remains bearish

The latest Litecoin price analysis suggests a bearish trend for today and supports sellers as the price has undergone a considerable decrease since morning. Although the bulls were in the winning posi...

SEC Shielding Hinman Doc; Whale Move 275 Mln XRP

XRP News: Ripple and US SEC filed their motion to seal several documents linked to the motions for Summary Judgement. However, filings suggest that the commission is still in pursuit of shielding the ...

ETH Nears $1,230 Resistance, Following Strong US GDP Data – Market Updates Bitcoin News

Ethereum edged closer to a key resistance level of $1,230 on Dec. 23, as markets continued to react to better than expected U.S. GDP data. Gross domestic product in the United States was revised highe...

Core Scientific Might Sell Facilities They Planned to Use in 2023

Core Scientific may stay in the business after bankruptcy. The company may sell some of their facilities. Crypto winter has influenced the mining industry to a great extent. The Company Plans To Stay ...

Ripple Struggles Below $0.35 And Returns To The Downside

Dec 23, 2022 at 13:35 // Price The price of Ripple (XRP) has risen slightly after falling on December 19. The cryptocurrency had reached a low of $0.33, but had only risen to a high of $0.34. Long-ter...

The 5 Biggest Retail Trends For 2023

Ulta Beauty unveiled its new store design which is positioned to be more thematic with updated and … [+] elevated store design elements showcasing Ulta Beauty’s point of view. Courtesy of ...

WAVES Gets Dragged Down By USDN, Despite Pumping Investor Distribution

There is enormous negative sentiment surrounding USDN. And with USDN continuously falling off its track, it’s also pulling WAVES down. WAVES is the native token of the Waves blockchain. According to C...

Should you buy UNI as Uniswap DAO votes in favor of altering the governance structure?

The Uniswap (UNI/USD) Decentralized Autonomous Organization (DAO) has unanimously voted in favor of a proposal to make the governance process frictionless. Uniswap is essentially a decentralized proto...

OpenSea blocks Cuban artists from the platform due to US sanctions

Nonfungible token (NFT) marketplace OpenSea has been banning artists and collectors from Cuba, citing United States sanctions as the key reason behind its action. According to a report published by Ar...

S&P 500: $667 Billion Gone! How Low Can Tesla Stock Still Go?

Tesla (TSLA) investors already lost nearly $700 billion on the stock this year. How much more can this S&P 500 stock drop? X Following Tesla stock’s 10% plunge Thursday, shares of the electr...