Why are Nio, Rivian, XPeng stocks getting crushed this week?

After attaining remarkable new highs in July 2023, leading electric vehicle (EV) stocks including Rivian (NASDAQ: RIVN), XPeng (NYSE: XPEV), and Nio (NYSE: NIO) have encountered a substantial price co...

Prime Trust Files for Chapter 11 Bankruptcy Protection Amidst Customer Fund Shortfall

Prime Trust, a prominent crypto custodian, has initiated Chapter 11 bankruptcy proceedings in Delaware due to a significant shortfall in customer funds. The company, grappling with financial challenge...

Massive Bitcoin (BTC) Exit From Exchanges May Spell Good Omen, Here’s Reason

Godfrey Benjamin Bitcoin is leaving exchanges, move that may be upside for price growth Bitcoin (BTC) has been on everyone’s radar over the past week as its price is trading in a very close rang...

Warren Buffett’s Berkshire Hathaway bet on 3 homebuilders

Warren Buffett.REUTERS/Rick Wilking Warren Buffett’s Berkshire Hathaway added a trio of homebuilders to its portfolio last quarter. The investor’s company exited three stocks and slashed s...

Blockstream’s $50M Raise Unleashes Perfect Storm for Undervalued ASICs Investment

Key Points: Blockstream aims to raise $50M for undervalued mining equipment purchase before 2024 Bitcoin halving. Capitalizing on secondary market value, Blockstream plans to resell as hardware demand...

Shibarium Launch Sparks Excitement in Shiba Inu Community: SHIB Price Gain Momentum

The anticipation surrounding Shibarium, the layer two (L2) scaling solution for Shiba Inu, has the Shibarmy buzzing with excitement. Lead developer Shytoshi Kusama has hinted at the imminent official ...

G20 meeting sparks crypto clash, why key officials reject ban and embrace coordination

In a recent roundtable discussion held during a G20 meeting, prominent economic officials emphasized the need for enhanced global coordination when it comes to regulating cryptocurrencies. This call f...

Prime Trust Files for Bankruptcy Protection amidst Financial Struggles

Prime Trust announced its intention to present a series of motions to the court. Prime Trust, a crypto custodian company based in the United States, has officially filed for Chapter 11 bankruptcy prot...

Stellar Development Foundation Invests in International Transfer Giant MoneyGram

The Stellar Development Foundation (SDF) has recently become a minority investor in MoneyGram International (MGI) during its go-private transaction with Madison Dearborn Partners (MDP). This announcem...

Bulls In Fear, Will ETH Revisit $900?

Ethereum is worrying investors. A major fall will soon be witnessed toward the round mark of $1000, followed by $900. The chart showcases bearishness and double top formation near $2000, and the price...

BTC Soaring to $250K-$600K Is Not Far-Fetched, Says Analyst

Kyledoops from Crypto Banter revealed that legendary trader Michael J. Burry is betting against the financial markets. MDX Crypto was also present in the video and shared that he is bullish on BTC for...

Navigating the Best PR Agencies in the Blockchain Realm

The enduring enigma around the inability of most contemporary crypto enterprises to surpass their competitors endures due to a fundamental overlook in understanding the importance of cryptocurrency ma...

Bankrupt Crypto Lender Voyager Abruptly Moves Nearly $13,000,000 in Ethereum to Coinbase: On-Chain Data

Embattled crypto lender Voyager is relocating millions of dollars worth of Ethereum (ETH) to US-based digital asset exchange Coinbase. The series of Ethereum transfers was initially spotted by the blo...

US Fed incorporates DLT for its new service

The Fed has incorporated Dropp, a Hedera-based micropayments platform using DLT technology, into its recently launched FedNow service. FedNow connects financial institutions, businesses, and service p...

FTX-Linked Crypto Custodian Prime Trust Files for Bankruptcy Protection

Prime Trust – a once-leading cryptocurrency custodian – filed for Chapter 11 bankruptcy protection in Delaware approximately two months after the Nevada Financial Institutions Division claimed it oper...

Poseidon Dynamic Cannabis ETF to close as investor interest wanes

A proposed constitutional amendment for recreational marijuana is under review by the Florida Supreme Court. Brad Horrigan | Tribune News Service | Getty Images A leading exchange-traded fund in the c...

Frax V2 enables permissionless DeFi validators

The Frax ecosystem, according to the company website, “is a self-sufficient DeFi economy utilizing stablecoins as currency.” While many elements of the ecosystem are already “self-sufficient,” the cor...

Why Litecoin prices might rally shortly

LTC’s daily chart revealed a few bullish market indicators. Litecoin’s social volume and trading volume declined last week. The crypto market has been inert of late as not much volatility was seen on ...

The Transformative Power Of Remote One-On-Ones

Thoughtful one-on-ones are essential to successful remote management. getty In an era where remote work is becoming the norm, the importance of effective communication cannot be overstated. One-on-one...

How Much XRP Do You Need To Make $1M, $5M or $10M, If XRP Hits $5?

Experts have argued XRP will hit and surpass $5, potentially making significant holders millionaires. The XRP community has been longing for when XRP holders will mostly turn into millionaires. Some p...

This Crypto Founder Believes Another Bitcoin Bull Run Is Close, Here’s Why

Several crypto analysts have continued to predict what could trigger the next Bitcoin bull run. This time, co-founder of Delphi Digital Kevin Kelly has weighed in as he believes certain metrics could ...

3 Clicks For $4,000 In Monthly Dividends

Mailbox full of dollars, white background getty Let’s go ahead and build ourselves an “instant” income portfolio throwing off a rich 8.8% yield. A yield like that, after all, could put a dividends-onl...

Matera Brings AI to Instant Payments, Acquires Brazilian AI Leader Cinnecta

Company will develop innovative new products and services tailored to financial institutions, credit card companies and consumers ATLANTA–(BUSINESS WIRE)–#AIFintech—Matera, maker of world-class instan...

Europe’s First Spot Bitcoin ETF Goes Live, Beating U.S. To The Punch ⋆ ZyCrypto

Advertisement &nbsp &nbsp Europe has usurped the United States with the listing of its first spot exchange-traded fund (ETF) on the Euronext Amsterdam stock exchange by London-based Jacobi Ass...

Annual CPI rises 3.3% in July vs. 3% expected

Annual inflation in Canada rebounded to 3.3% in July from 2.8% in June.  USD/CAD slides to 1.3470 after the CPI data and US Retail Sales.  Inflation in Canada, as measured by the change in the Consume...

Turn drone footage into 3D metaverses as Nvidia launches new AI tool

Nvidia has publicly released the code for its groundbreaking framework, Neuralangelo, to create ultra-high definition 3D models from regular video clips. Now available on GitHub, the tool allows users...

Lawyer Exposes FTX Founder’s Parents in Crypto Scandal

Crypto lawyer John Deaton raised alarming questions concerning the role of Sam Bankman-Fried’s (SBF) parents in the dramatic collapse of FTX last year. The lawyer has pointed out numerous instances wh...

Ancient Dogecoin whales move 7 million DOGE after 9 years of inactivity

Four ancient Dogecoin (DOGE) whales have been spotted since the beginning of 2023 moving hundreds of thousands of dollars in the leading meme coin. All of these whales had one thing in common: they we...

Achieving the Singularity is ‘All About Progress’: AI Executive

As artificial intelligence continues its rapid advance, one word has computer scientists and science fiction fans waiting with bated breath: singularity. The word defines a pivotal moment in the futur...

The Subtle Signs A Bullish Bitcoin Trend Is Brewing

Bitcoin price remains stagnant for going on months now, with no clear trend developing and volatility in a downward spiral. However, some subtle signs are popping up that could suggest that a bullish ...

China Cuts Rate by Most Since 2020 as Economic Woes Deepen

(Bloomberg) — China’s central bank unexpectedly reduced a key interest rate by the most since 2020 to bolster an economy that’s facing fresh risks from a worsening property slump and weak consum...

FDIC and Other Federal Agencies ‘Closely Monitoring’ Banks’ Exposure to Crypto Assets

The Federal Deposit Insurance Corporation (FDIC) says it is working with other federal authorities to keep a close eye on how banks deal with crypto assets. In a new risk review report, the FDIC says ...