Key Takeaways The SEC does not want to define “digital assets” in relation to hedge funds and private equity funds. This is not the first time the SEC is undecided on defining notable cryp...
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SHOP Stock Surges As Shopify Sells Logistics Business To Flexport, Q1 Earnings Surprise
E-commerce firm Shopify (SHOP) early Thursday reported earnings and revenue for the March quarter that topped analyst estimates. SHOP stock surged as the company also announced the sale of its deliver...
Japan Reaches the Pilot Stage In Testing Digital Currency
Central Bank Digital Currencies (CBDCs) continue to gain exposure as countries conduct trials. Japan’s government has alluded publicly to the formation of a panel to assess the launch of a digital yen...
Four Proud Boys Found Guilty Of Seditious Conspiracy Over January 6
Topline Four Proud Boys were found guilty Thursday of seditious conspiracy for their role in the January 6 attack on the Capitol, following four months of court proceedings. Proud Boys chairman Enriqu...
SwissBorg: what is it and how does it work
SwissBorg is a blockchain-based platform that allows users to manage their cryptocurrency investments. Developed entirely as a mobile application, the platform aims to revolutionise the way people in...
Plummeting bank stocks test predictions that worst of the crisis is over
Federal Reserve Chair Jerome Powell said Wednesday that the seizure of First Republic was “an important step toward drawing a line under” turmoil in the banking system. Within two hours th...
Love Hate Inu Is The Next Cryptocurrency To Explode – Last Chance to Buy
Join Our Telegram channel to stay up to date on breaking news coverage Love Hate Inu , a newer, utility-infused memecoin, has sparked a lot of interest in the cryptocurrency community as it has raised...
America Spends Less On Its Military Than You Think. Look At The Numbers.
Washington is embroiled in one of its periodic budget impasses as Democrats and Republicans struggle to impose their priorities. If hard choices need to be made, the usual reflex is for conservatives ...
BTC Live News : Is Bitcoin About to Enter a Bear Market – Here’s What Glassnode Data Predicts
As the world’s most popular cryptocurrency, Bitcoin has been on a wild ride over the past few years. But now, experts are warning that a bear market could be on the horizon, and the culprit might be n...
BUD Stock Rises On Anheuser-Busch Earnings Beat; Bud Light Boycott Could Cause Hangover
Budweiser, Bud Light, and Michelob Ultra maker Anheuser-Busch InBev (BUD) cleared estimates for its first-quarter results early Thursday. Global sales volumes rose and BUD stock surged early Thursday,...
CultDAO-Backed Project XIRTAM Pulls Off Rugpull Worth 2000 ETH
A crypto educational project, XIRTAM, recently conducted a rug pull, with the project team pulling nearly 2000 ETH out of the raised funds on the 3rd of May. The XIRTAM Rug Pull Details about the rug...
Wolverhampton Wanderers Reportedly Offer FC Barcelona $33 Million Plus Ruben Neves For Ansu Fati
Wolverhampton Wanderers have reportedly offered Ruben Neves plus cash for Ansu Fati. Getty Images Premier League outfit Wolverhampton Wanderers have offered €30 million ($33 million) plus Ruben Neves ...
PacWest Bancorp Mulls Sale of Entire Holding Company amid 80% Stock Drawdown since March
Los Angeles-based PacWest is considering several strategic options, including a sale, amid a banking crisis-induced stock plunge. Bank holding company PacWest Bancorp is reportedly mulling a sale foll...
SEC vs Coinbase: This latest order may compel the SEC to make a move
The Third Circuit Court of Appeals ordered the SEC to file a response to the mandamus petition entered by Coinbase. In the next ten days, the SEC will have to clarify if it will comply with Coinbase’s...
Dow Jones Falls 325 Points On Rising Jobless Claims; PacWest Crashes 49% On Possible Sale
The Dow Jones Industrial Average dropped 325 points Thursday after the Labor Department’s weekly first-time jobless claims. Regional bank PacWest Bancorp (PACW) crashed 49% after a report that t...
Exploring the Benefits of RevoFi Network’s Decentralized Model and AI-Powered Workload Management
Advertisement     The demand for cloud and connectivity has increased significantly over the past decade, and the trend is set to continue. However, the traditional mo...
A Vision Of Competing, Polycentric Sovereign Wealth Funds
Do sovereign wealth funds represent the future of government? A new model for governance, called … [+] Fundarchy, says yes. They could be the key to unleashing economic growth and eliminating po...
Western Alliance Says Not Exploring Sale
Amid rising pressure on the US banking sector, Western Alliance, the latest bank that was reportedly said to be facing collapse, issued a statement on Thursday. The bank’s management said it was not e...
PacWest tumbles 60% as US regional banks bleed
Shares of PacWest (NASDAQ: PACW) fell more than 60% on Thursday morning as the stock market opened lower amid fresh sell-off for regional banks. The PAWC stock had been halted following massive volat...
Anti-CBDC Bill Receives Overwhelming Support in House and Senate – Bitcoin News
In the wake of Florida Governor Ron DeSantis’ remarks in Jacksonville on Tuesday, both the Florida House of Representatives and Senate have approved the state’s anti-central bank digital currency (CBD...
U.S. Court Orders SEC to Respond to Coinbase Allegations Within 10 Days
The U.S. Securities and Exchange Commission (SEC) has been ordered by a U.S. court to respond to cryptocurrency exchange Coinbase’s (COIN) complaint over how it applies securities laws to digita...
Bitcoin drops with stocks as analyst warns of banking crisis ‘endgame’
Bitcoin (BTC) slid below $29,000 around the May 4 Wall Street open as United States equities showed jitters over the resurgent banking crisis. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingVi...
Crypto Mining Tax Introduced by The Biden Administration
2 According to the official reports, the U.S. government proposed a 30% tax on cryptocurrency mining. Crypto mining usually needs high electricity for mining new cryptocurrencies. As cryptocurrencies ...
ZkLink Raises $10M From Backers Including Coinbase Ventures
“zkLink plays a crucial role in shaping the future of the crypto landscape by leveraging the potential of ZK technology,” co-founder Vince Yang said in an email to CoinDesk. “For newcomers to th...
New York, California attorneys general probe NFL work conditions
NFL Commissioner Roger Goodell speaks during a press conference in advance of Super Bowl LVII at Phoenix Convention Center on February 08, 2023 in Phoenix, Arizona. Peter Casey | Getty Images Sport | ...
Here Are the 7 Altcoins to Look Out for During the Month of May
The global crypto market cap experienced a 1.38% increase following the Fed interest rate announcement. AAVE, UNI, LINK, DOGE, NEO, and FTM printed 24-hour gains, while CRO printed a loss. FTM is the...
King Charles’ Coronation Will Give British Luxury A Shot In The Arm
King Charles III Coronation merchandise on sale in a souvenir shop on 20th April 2023 in London, … [+] United Kingdom. King Charles II will be crowned King of England on 6th May 2023. (photo by ...
Western Alliance bank denies potential sale as shares steeply drop
Western Alliance bank has denied a Financial Times (FT) article stating that the bank was exploring a sale of all or part of its business, based on tip-offs by two anonymous sources who claimed to hav...
J&J Consumer-Health IPO Stock Kenvue to Raise $3.8 Billion
Text size Kenvue, which owns brands including Tylenol, Band-Aid, and Neutrogena, will begin trading Thursday. Daniel Acker/Bloomberg Johnson & Johnson ’s consumer-health spinoff Kenvue is schedule...
A $12 Shiba Inu Investment in 2021 Yielded $1M
Upon analysis of the top meme coins in their glory days, CoinGecko found that investors would have needed $12 to make $1 million with Shiba Inu. CoinGecko, a prominent cryptocurrency price-tracking pl...
Lordstown Motors expects to end production of Endurance EV pickup
Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Lordstown Motors ex...
ChatGPT-created Turbo memecoin crosses $50M marketcap
Popular AI tool ChatGPT was used to create the Turbo memecoin, the market cap of which has now exceeded $30 million within a week of its launch. On April 23, digital artist Rhett Mankind tweeted about...