In summary, the market environment continues to be fluid, and there is no clear winner on either side. Ultimately, the coexistence of CBDCs, tokenized deposits and stablecoins hinges on striking the r...
News
Fake Elon Musk Coin, AI Scams Raise Ire of Texas Regulators
On Wednesday, Texas State regulators demanded the termination of an “Artificial intelligence investment scam” that promoted TruthGPT Coin using fake animated avatars and images of Tesla and Twitter CE...
Sui Mainnet Goes Live as Crypto Project Takes on Facebook-Offshoot Aptos (APT), DeFi Giants
Its success in securing VC funding pre-launch has invited comparisons to Aptos, another relatively young blockchain with a large VC backing. Both blockchains were designed by teams from Diem, Meta’s f...
RenQ Finance (RENQ) final stage of Presale filled 80%, gets closer to launch
RenQ Finance has been one of the most exciting projects in the DeFi space, with a strong team and a focus on cross-chain interoperability. The project’s presale has been an immense success, with the f...
FTX seeks to claw back $3.9B from Genesis; undersold SUI contracts by 1000x
FTX’s bankruptcy case proceeded as the company moved to recover $3.9 billion from Genesis. Meanwhile, an earlier FTX sale became relevant with the launch of SUI token. FTX aims to recover $3.9B ...
US Treasury Can Print $1,000,000,000,000 Coin To Pay Bills, Avoid Debt Ceiling Crisis: Economist Paul Krugman
Economist Paul Krugman says the US Treasury could easily print a $1 trillion coin to avert the debt ceiling crisis. In a new tweetstorm, Krugman says the coin would effectively help the US pay its bil...
FTX seeks to claw back $4B from Genesis in a battle of the bankrupt
Cryptocurrency exchange FTX is seeking to recover around $4 billion from similarly bankrupt crypto lender Genesis and a still-solvent British Virgin Islands-based entity — part of efforts to recover v...
New Crypto VC Firm Credibly Neutral Raises $5.5M
Investors in the round included Anthony Sassano (author of Ethereum-focused Substack, Daily Gwei), Patricio Worthalter (founder of “proof of attendance” protocol POAP), Surojit Chatterjee (former chie...
Gemini’s Non-US Derivatives Platform Goes Live
Amidst regulatory headwinds back home, the Winklevoss twins have doubled down their efforts to expand Gemini’s offerings to non-US residents. The new service aims to target both retail and institution...
Jury convicts former OpenSea manager in NFT-insider trading case
The former OpenSea manager who was accused of insider trading of NFTs has been convicted on May 3 of wire fraud and money laundering in a New York federal court, according to a report from Reuters. Ac...
THE TESLA PARADOX DRIVES INTO A WALL
An aerial view of Tesla Shanghai Gigafactory in Shanghai, China.It is reportedly producing vehicles … [+] at a rate of about 450,000 cars per year. (Photo by Xiaolu Chu/Getty Images) Getty Image...
Shiba Inu (SHIB) Rival Pepe (PEPE) Now Available on BitMEX
Alex Dovbnya The controversial meme-inspired cryptocurrency, Pepe (PEPE), has been listed on BitMEX, allowing users to trade against USD and USDT with up to 50x leverage Cryptocurrency exchange BitMEX...
BABYDOGE Hints About Binance With a Mysterious Tweet
53 seconds ago | 2 mins read Altcoin News Baby Doge Coin announces indirectly that Binance will be listing them. The price of Baby Doge decreases by 1.33% in the last 24 hours. BABYDOGE is a meme-base...
Crypto Exchange Coinbase Faces Legal Action Over Biometric Data Collection – Exchanges Bitcoin News
The Nasdaq-listed cryptocurrency exchange Coinbase has been accused of “wrongfully” profiting from its users’ facial and fingerprint scans. “Coinbase collects, stores, possesses, otherwise obtains, us...
Binance’s Future Is in Jeopardy, Former SEC Official Says
Alex Dovbnya Former SEC Enforcement Division lawyer John Reed Stark has warned of multiple red flags related to Binance Binance’s future may be in jeopardy, according to former SEC Enforcement D...
CoinFund’s new product could set the benchmark yield rate for Web3
Markets • May 3, 2023, 7:30PM EDT Episode 43 of Season 5 of The Scoop was recorded with The Block’s Frank Chaparro, and CoinFund President Chris Perkins. Listen below, and subscribe to The...
Polkadot [DOT] slides back to key support – Will bulls prevail?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The structure was bearish on the 4-hour chart. Lon...
Dow Jones Futures Fall As PacWest Dives; Fed Chief Powell Pushes Back On Rate Cuts
Dow Jones futures and S&P 500 futures fell modestly after hours, while Nasdaq futures edged lower, as PacWest Bancorp (PACW) plummeted late on a report that it’s is mulling putting itself up...
Blockstream Developer Neigut Expects ‘Cambrian Explosion’ of Bitcoin Layer 2 Protocols
Ryan Gentry, director of business development at Lightning infrastructure firm Lightning Labs, said during his own presentation at Consensus that Lightning is the only network of its kind in crypto. “...
Part 2’ Trailer Promises A Movie Even Better Than The Book
Dune Part 2 Credit: Warner Bros. Dune is one of those classic novels that I have a bit of a strange relationship with. I fully acknowledge what an important work of science-fiction literature it is, a...
PacWest Stock Falls 55% in After-Hours Trading
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barro...
OpenSea insider trading case: The final verdict is ‘guilty’
Former OpenSea employee was proven guilty in insder trading case. The ex-employee used confidential knowledge to make profits illegally. OpenSea, one of the largest marketplaces for NFTs, was in the ...
Dave Ramsey Shares His Secret To The Fastest Path To Millionaire Status
Dave Ramsey, best-selling author and personal finance expert, has been teaching people how to build wealth since 1992. He’s the host of “The Ramsey Show,” a radio show and podcast with over 20 million...
Bitcoin (BTC) Rally May Stall if Fed Chair Powell Does not Signal End of Tightening, Crypto Observers Say
“As the market is expecting a pause after this hike, we’ll be looking for the sentence on ‘additional policy firming may be appropriate’ to be removed from the statement, repla...
Stocks moving in after-hours: Zillow, Etsy, Qualcomm
These are stocks moving in after-hours on Wednesday, May 3, 2023 Zillow Zillow (Z) posted first quarter earnings per share of 35 cents, beating Wall Street estimates of 4.3 cents. The online real esta...
SHIB Price Analysis for May 2
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all tradi...
ARB Price Prediction: Arbitrum Consolidates; Can Rally Soon?
ARB price fell by about 22% from its recent peak. The sideways movement marks consolidation for the Arbitrum. Market trends suggest a slowed down momentum which can induce downtrend. Arbitrum falls un...
“Can Artificial Intelligence change the way we trade with Cryptoc…
“Highly Flexible and Adaptable Platform Ensures Alignment with Rapidly Changing technological advancement” Impact Marketing, a leading independent media agency in the Cryptocurrency niche, has launche...
Regional Banks Sink as PacWest Weighs Strategic Options
(Bloomberg) — Western Alliance Bancorp and other US regional bank stocks sank in afterhours trading as PacWest Bancorp plunged following a report that it’s said to weigh strategic options includ...
Democratic Presidential Candidate Blames “War on Crypto” for Recent Bank Failures
A Democratic presidential candidate is pushing against the growing anti-crypto sentiment within his party by blaming regulatory agencies’ “war on crypto” for various bank failures that transpired in M...
LYFT Stock Shows No Enthusiasm Prior to Earnings Release
One of the leading names in the ride-sharing and ride-hailing sector, Lyft Inc. (NASDAQ: LYFT), is likely to drop its Q1 2023 earnings on May 4, 2023. LYFT stock price rarely made any significant move...
Bitcoin Price Analysis: Stops Reached Below 28164
BTC/USD Stops Elected Below 28164: Sally Ho’s Technical Analysis – 4 May 2023 Bitcoin (BTC/USD) experienced greater volatility early in the Asian session as the pair depreciated to the 28122 area aft...