Topline A former Republican candidate for attorney general and a former state representative—both of whom supported former President Donald Trump—were criminally charged in Michigan for accessing and ...
News
Terraform Labs opinion rains on Ripple decision parade
The crypto industry has been in high spirits after a federal judge ruled that programmatic sales of Ripple’s XRP token are not classified as securities. A dueling opinion from a different federal judg...
Bitcoin Heads Toward $28,500 – BTC Traders Now Eye This Level Next
Today’s discussions have been dominated by Bitcoin’s price, as recent market trends have pushed the asset below the significant $29K threshold, leading to its consolidation. With the beginning of Augu...
Fed’s Bostic warns of risk of overtightening
Atlanta Federal Reserve Bank President Raphael Bostic said that “we are in a phase where there is some risk of over-tightening.” According to him, the Fed should be cautious, patient, and ...
Curve Finance Founder Dumps 39M CRV Following $47M Hack
Curve Finance founder Michael Egorov continues to dump CRV tokens, having sold over 39 million CRV on the heels of the $47 million protocol hack. Michael Egorov, the founder of Curve Finance, a decent...
IRS Rules Crypto Staking Rewards as Taxable Income
The Internal Revenue Service (IRS) has ruled that U.S. cryptocurrency investors must include staking rewards in their gross income since crypto assets are treated as property for federal income tax pu...
Chemours Company (The) (CC) Stock Forecasts
Summary Stocks turned lower on Tuesday morning, led by sharp declines in the Energy and Consumer Discretionary sectors. On the earnings front, Caterpillar shares rose more than 7% after the company po...
Cathie Wood Offloads Millions Worth Coinbase and Robinhood Shares
On August 3, Coinbase will release financial data for the second quarter. On Monday, COIN stock closed up 4% at $98.61, but it dropped 3.17% in pre-market trading. Cathie Wood, the CEO of Ark Invest,...
What PancakeSwap’s latest achievement means for CAKE investors
PancakeSwap dominated Uniswap on BNB Chain by a huge margin. CAKE’s price action was bullish, but its on-chain performance did not correspond. PancakeSwap [CAKE] has reached a remarkable milestone in ...
Tether Achieves New Milestone Touches 1 Billion in 2nd Quarter
Tether is the largest stablecoin in terms of market capitalization and trading volume. A Hong Kong-based company iFinex Inc. launched it in 2014. Initially, its developers crafted it to attain the val...
MoonPay CEO was responsible for $500K donation to Miami mayor’s super PAC
Miami mayor Francis Suarez’s presidential campaign received a donation from the CEO of the crypto firm MoonPay, the Miami Herald reported on Aug. 1. That report states that a political action committe...
IRS Classifies Crypto Staking Rewards As Taxable Income
The Internal Revenue Service (IRS) has recently issued a ruling stating that United States cryptocurrency investors who receive rewards from staking services are required to include the value of those...
Starbucks (SBUX) Q3 2023 earnings
Starbucks logo is seen on a cup in this illustration photo taken in the cafe at the airport in Charleroi, Belgium on July 27, 2023. Jakub Porzyck | Nurphoto | Getty Images Starbucks on Tuesday report...
Will Wall Street Interest in Bitcoin Scare Cypherpunks Away?
Institutional investors are more interested in the crypto world than ever before—and now they’re putting their money where their mouth is. Some are wondering, however, whether Bitcoin may lose its rai...
DigiToads (TOADS) Presale Next Goal is $7M Amidst Positive Price Movement for DOGE
Advertisement     Amidst positive price movement within the cryptocurrency landscape, projects like DigiToads (TOADS) and Dogecoin (DOGE) are positioning themselves to achieve ambitiou...
China turns to rural tourism and smart appliances to boost consumption
Tourists at a water park on July 23, 2023 in Nanjing, China. Yang Bo | China News Service | Getty Images BEIJING — Instead of handing out cash, China is trying to make sure consumers and businesses sp...
New Meme Coin to Watch: Shiba Inu-Cross-Barbie Token Shibie Presale Goes Live
In the ever-changing world of crypto, new projects often need ingenuity to set themselves apart from their peers. Cue the arrival of Shibie Coin ($SHIBIE), a unique meme token that melds the playful s...
MicroStrategy Grows Bitcoin Holdings; How Much BTC Will It Add?
Crypto News: MicroStrategy on Tuesday announced financial results for the second quarter that ended on June 30, 2023. The company revealed that it holds as many as 152,800 BTC as of July 31, 2023. The...
Dua Lipa Faces (Another) Lawsuit Over Hit Song ‘Levitating’
Topline Music producer Bosko Kante has slapped British pop star Dua Lipa with a lawsuit claiming she and her label, Warner Music Group, used his work without permission in remixes of her song “Levitat...
former CEO of FTX might be behind the Bald scam
The co-founder and former CEO of FTX, Sam Bankman Fried, has been accused of committing many crimes. Rumors have been circulating recently that he may also be involved in the Bald scam. Bald and the ...
Lightspark CEO Outlines The Challenges Of Building On The Bitcoin Lightning Network
The CEO of Lightspark, David Marcus, has come forward to share his experiences on building atop the Bitcoin Lightning Network. Marcus noted the challenges the Lightning Network held for builders, stat...
United States API Weekly Crude Oil Stock dipped from previous 1.319M to -15.4M in July 28
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Microstrategy Incurs $24 Million Impairment Charge On Bitcoin Holdings In Q2 ‘2023
– Advertisement – MicroStrategy reported revenue of $120 million and gross profit of $93 million in Q2 ‘2023. The company incurred an impairment charge of $24 million on its 152,333 BTC w...
AI mentions skyrocket in major tech companies’ Q2 calls
The mention of artificial intelligence (AI) in earnings calls for major tech companies skyrocketed from the first to the second fiscal quarter, according to a report from Reuters. The S&P 500 comp...
SoFi Earnings Sent the Stock Flying. Why Shares Still Got a Downgrade.
Text size SoFi shares soared 20% on Monday. Justin Sullivan/Getty Images SoFi Technologies stock kicked off the week strong, soaring 20% Monday after delivering strong deposit numbers and a narrower-t...
Singapore High Court deems digital assets as trustable property
Digital assets have been conferred with property rights in Singapore following a ruling by the High Court of Singapore in a landmark case. On July 25, the High Court of Singapore ruled digital currenc...
Litecoin Blockchain’s ‘Halving,’ Set for Wednesday, Should Harden Supplies of ‘Digital Silver’
Litecoin, like Bitcoin, uses a “proof-of-work” security mechanism – relying on “miners” who expend computational resources to process transactions and secure the network. During that process, miners w...
Solana (SOL) Faces Challenges, VC Spectra Emerges as a Top Crypto Pick!
Solana’s (SOL) recent price volatility has resulted in a decline in investor interest in the ecosystem’s progress. In addition to the price decline, Solana (SOL) went through delisting from multiple p...
Ukraine’s Crypto Industry Under Scrutiny: NBU’s Bold Demands
Key Points: Ukrainian National Bank demands financial statements from local crypto companies. Kuna exchange leaves the Ukrainian market due to NBU’s actions, facing significant volume reduction. IRS c...
Litecoin (LTC) Network Fundamentals Boom Ahead of Halving Event
Litecoin is experiencing a boom in network fundamentals ahead of its halving event, which is less than 24 hours away. The mining community’s sentiment is measured by two indicators: hashrate and...
Honeywell Stock Price Prediction Aug-2023: What’s Wrong With HON?
Honeywell International Inc. (HON) is a global provider of solutions for the aerospace, building, and industrial sectors, as well as advanced materials. Why is HON Falling? The company’s stock price h...
Terraform Labs Denies Motion Seeking Dismissal of SEC Fraud Allegations
The implications of this judgment are significant for both Terraform and the broader ecosystem. Terraform Labs, and its founder, Do Kwon, are facing a major setback as US District Judge Jed Rakoff has...