It has been a few hours since the Bitcoin price slipped below the crucial $29,000 resistance levels and has been constantly failing to regain them. The month, which started with a huge plunge, is one ...
News
DeSantis’ Disney World Special District Drops DEI Programs
Topline The district governing Walt Disney World abolished its diversity, equity and inclusion initiatives Tuesday, months after Florida Republican Gov. Ron DeSantis took control of the board followin...
Tether Freezes Funds as Scammer Stole 20M USDT
Tether, the issuer of the stablecoin USDT, has taken quick action blocking the funds of a zero-transfer scammer. Scammers are always ready to steal funds when a user makes the slightest mistake. Hence...
CZ Sheds Light on Binance’s Plans About Launching its Own Stablecoin
The Chief Executive Officer of Binance – Changpeng Zhao (CZ) – said one reason why his company recently introduced the stablecoin FDUSD is the terminated partnership with Paxos. While the two entities...
Fitch downgrades US government’s AAA credit rating to AA+, US Dollar retreats
Global rating agency Fitch downgrades the US government’s credit rating to AA+ from AAA on Tuesday. The rating giant cites anticipated fiscal deterioration over the next three years and a high a...
Is Borroe a Good Investment in 2023?
SPONSORED POST* Amid an unstable crypto market, investors are looking for innovative investment options that will bring them significant value and make their portfolios grow. Luckily, Borroe ($ROE) is...
What to expect as ATOM dips under $9
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The critical $8.98 support level broke after inte...
AGNC Investment Corp. (AGNC) Stock Forecasts
Summary AGNC Investment Corp. is a publicly traded REIT focused on residential housing. The company’s investment portfolio consists of agency mortgage-backed securities (MBS) managed on a levera...
Indonesia’s national digital currency exchange aims to protect investors
After nearly two years, Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) has rolled out a national digital currency exchange to ensure uniformity among industry participants. Bappebt...
Regulators Tell Nigerians To Stay Away From Binance, Here’s Why
Nigeria’s Securities and Exchange Commission (SEC) has warned Nigerians against investing or trading on Binance, the world’s largest crypto exchange by trading volume. The Commission, as part of its “...
L2 Base’s BALD Annuls Liquidity, Analysts Attribute it to SBF
When there’s trade, there’s uncertainty. These variables take a toll on the price of the assets market participants hold. The same happened to L2 Base’s BALD meme coin. It was a token that became quit...
Bitfarms Mines 378 Bitcoins in July, Plans Hydropower Expansion Amid Market Challenge
Key Points: Bitfarms mined 378 Bitcoins in July, down 2.1% from the previous month and 24.4% year-on-year. The company sold 333 Bitcoins for $9.9 million and aims to double hydropower capacity in Para...
Rep Tom Emmer Proposes Bill To “Clear Things Up” For The Crypto Sector And Safeguard Innovation ⋆ ZyCrypto
Advertisement     In a bid to provide regulatory clarity and foster innovation within the US cryptocurrency and blockchain industry, Representative Tom Emmer has reintroduced the Block...
Pfizer Expects Signoff For New Covid Boosters As Soon As This Month. Here’s What To Know—And Why They’re Needed
Topline Pfizer CEO Albert Bourla said during an investor call Tuesday the Food and Drug Administration could authorize the company’s new Covid-19 booster shot by the end of the month—moving closer to ...
XRP Price Can Hit $100-$500 in 4-7 months, Wells Fargo Treasury Manager Says
Using Liquidity Strength as a key metric, the expert provided a detailed breakdown of her calculations before coming to her prediction. Wells Fargo Treasury manager Shannon Thorp predicts that XRP wi...
Over $28 Million In SHIB Withdrawn From Exchanges Ahead Of Shibarium Launch
The Shibarium Layer-2 upgrade is launching any day now, and it looks like some big SHIB players are making moves ahead of the launch. According to on-chain data, over $28 million in SHIB tokens have b...
Kiwi trades weak, ahead of Q2 employment data
NZD/USD fell near the 0.6150 area, losing more than 0.90%. New Zealand will release Employment Change, Participation and Unemployment rate data from Q2. Labour market outlook to determine following RB...
Nomura Subsidiary Laser Digital Awarded Crypto License in Dubai
Dubai’s regulatory body VARA has awarded its operating license to Laser Digital, a subsidiary of Nomura Holdings. CEO Jez Mohideen and the team expressed their excitement at this new development. Bina...
FTX releases restructuring plan, hints at rebooted offshore exchange
FTX has outlined its intended reorganization plan, which will categorize claimants of the bankrupt exchange into specific classes and pave the way for the exchange to become operational as an offshore...
Create a Decentralized Website and Host it With These Easy Steps
Decentralized websites and apps are becoming more prevalent with every passing day. They work on blockchain and remove all the vulnerabilities that centralized platforms expose users to. Utilizing pee...
Staking rewards are now taxable, says IRS
The Internal Revenue Service (IRS), the leading tax authority in the United States, recently released Revenue Ruling 2023-14, providing clarity on the taxation of income derived from crypto staking. ...
New Exhibit Uses AI to Recreate Allen Ginsberg Poetry
“In celebration of Ginsberg’s avowedly experimental impulses, this collaboration utilizes an AI-powered camera to ‘read’ a selection of Ginsberg photographs on view during the exhibition, translating ...
Trump Supporters Charged For Moving, Testing Voting Machines On Suspicion They Were Rigged Against Trump
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 ...
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...