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Dow Jones Falls On Weak Jobs Report; Alibaba Jumps On $1.1 Billion Fine
The Dow Jones Industrial Average dropped Friday after a weaker-than-expected monthly jobs report from the U.S. Labor Department. Meanwhile, Chinese e-commerce giant Alibaba (BABA) jumped as the compan...
Gemini Files Lawsuit Against DCG For Fraud Conspiracy, DCG Calls It A “Publicity Stunt”
Key Points: Gemini has filed a lawsuit against Digital Currency Group (DCG) and its founder Barry Silbert for their alleged involvement in a fraud conspiracy against creditors of Genesis, a cryptocurr...
Golteum And Filecoin- An In-Depth Comparison
As the decentralized storage sector gains momentum, Golteum (GLTM) emerges as a powerful contender alongside Filecoin (FIL). This article will explore the significance of Golteum’s presale and its pot...
Institutions are turning pro-crypto because of demand, not because they believe in it
When the average crypto skeptic changes their mind and dives down the rabbit hole, it’s hardly a newsworthy event. But it’s a different story when the CEO of the largest asset management company in th...
$30B stolen from crypto ecosystem since 2012: Report
From 2012 to the present, over $30 billion in crypto has been hacked in 1,101 documented incidents, a July 7 report from SlowMist has revealed. According to the blockchain security firm, the top five ...
The unemployment rate among Black workers increased in June
Filadendron | E+ | Getty Images The overall U.S. unemployment rate declined in June, but a negative trend among Black workers may be emerging, according to the latest nonfarm payrolls report. Overall,...
Mercedes-Benz Latest To Adopt Tesla’s Charging Standards As EV Competition Soars—Here Are The Others
Topline Mercedes-Benz will adopt electric vehicle giant Tesla’s charging standards, the luxury automaker announced on Friday, making it the latest in a series of automakers to give its drivers access ...
The Real Use Case for CBDCs: Dethroning the Dollar
It’s all part of Pozsar’s “Bretton Woods III” vision, where the dollar ultimately loses its hegemonic status over the next decade. Importantly, he sees a different outcome from that of the British pou...
Pullback to extend only on failure to defend 81.60 – SocGen
USD/INR defends triangle lower limit at 81.60. Economists at Société Générale analyze the pair’s technical outlook. Rebound expected USD/INR has evolved within a large consolidation since last October...
Vitalik Buterin Praises Bitcoin Ordinals as Volume Rises in Q2
Vitalik Buterin applauds the “builder” culture the Bitcoin’s Ordinals project’s rise is bringing to counteract the “laser-eye” movement championed by maximalists. Trading volume for Bitcoin’s ordinals...
Demand For Bitcoin Ordinals Propels Q2 Trading Volume To $210M
Bitcoin Ordinals’ unique non-fungible token (NFT) inscriptions on the Bitcoin blockchain have recently registered over $210 million in trading volume in the first half of 2023 alone. This new wave of ...
When To Take Profits In Stocks? Knowing When Is Key To Learning How To Invest
To become a successful investor, you need to have rules and the discipline to follow them. IBD readers may already be familiar with the golden rule of selling: cut losses at 7%. But when do you take p...
Threads is Libra and Meta All Over Again
It’s also unclear exactly how “portable” Threads user data will be in practical terms. Critics have often described Mastodon, another platform that uses the ActivityPub protocol, as extremely clunky a...
BarnBridge DAO Halts Operations Amid SEC Investigation
Some members of the DeFi protocol suspected a potential exit strategy at play. BarnBridge DAO is pausing its operations due to a probe by the United States SEC. The reason for the SEC’s investigation ...
A Crypto Market Analyst, “Not a Financial Advisor”
Pentoshi, a name, seems like it is made up by using the first three letters of Penguin and the last five letters from Satoshi. As a crypto market analyst, he has not yet revealed his identity. He firs...
Crypto community questions SEC probe into DeFi protocol BarnBridge
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...
Ripple Unveils Its Milestones in Blockchain Research: Details
Godfrey Benjamin Ripple Labs’ involvement in blockchain research hits impressive milestones American blockchain payments firm Ripple Labs Inc has recorded important milestones in one of its foca...
Stay Cool With These 5 Excellent Lagers That Are Perfect For Summer
Lagers are great for summer; there’s something refreshing and pleasant about an ice cold lager on a … [+] hot summer day. Pints and Panels Summer is hot and that means beer sales are up. A...
Dogecoin and Pepe Coin Down, But These Meme Coins are Rising
It’s been a difficult few days for meme coin lovers, with most established tokens seeing a notable price slide. Dogecoin ($DOGE), Shiba Inu ($SHIB), and Pepe ($PEPE) have all dropped significantly – l...
Arthur Hayes Says Bitcoin Will be the Chosen AI Currency
Arthur Hayes, the co-founder and former CEO of cryptocurrency exchange BitMEX, believes bitcoin (BTC) will be chosen by artificial intelligence (AI) as the currency for their economic activities in th...
Pound Sterling remains elevated as NFP misses expectations
Pound Sterling has moved north swiftly as United States Nonfarm Payrolls missed estimates. Households in the United Kingdom are facing a burden as stubborn inflation bites individuals’ pockets. Market...
Tron rebounds in H1 2023; will the bull run continue in H2?
In H1, Tron launched Stake 2.0, along with a few new features. TRX was up by 3.5% over the last week, and market indicators remained bullish. The first half of 2023 saw Tron’s [TRX] network activity...
DCG fraudulently covered up 3AC-induced insolvency: Gemini lawsuit
Gemini has filed a lawsuit against Digital Currency Group (DCG) and its chief Barry Silbert for alleged fraud. Gemini had partnered with DCG for its Gemini Earn program, which involved Gemini giving c...
Alibaba Stock Soars After China Fines Ant Group $1 Billion
Text size Alibaba stock has plunged since late 2020, when Chinese regulators began a crackdown. Greg Baker/AFP via Getty Images Chinese regulators on Friday fined Ant Group almost $1 billion, lifting ...
Polkadot (DOT) Founder Teases Polkadot 2.0: Details
Polkadot founder Gavin Wood unveiled the next era of Polkadot, which is transitioning from blockchain to blockspace, at the recent Polkadot Decoded 2023 event in Copenhagen. During his keynote at the ...
Between Rock & Hard Place
PHILADELPHIA – MAY 8: Economic stimulus checks are prepared for printing. (Photo by Jeff … [+] Fusco/Getty Images) Getty Images The Balancing Act Our leaders in Washington, D.C. have an op...
Shiba Memu price prediction as presale rakes in over $215k
Key takeaways Shiba Memu has generated more than $200k in its presale stage. The team increases SHMU’s price daily, with the presale event set to last for eight weeks. Bitcoin has maintained its valu...
Ethereum in Red Zone As Bulls Retreat: Is $2,000 a Distant Dream for ETH Price?
As Ethereum (ETH) battles stormy seas in the crypto market, a bleak cloud hangs over its bullish forecast. The second-largest cryptocurrency recently saw its price plummet dramatically below $1,900, s...
AUD/USD surrenders gains as USD Index rebounds despite downbeat US NFP report
AUD/USD has capitulated gains generated after the release of weaker-than-expected US NFP data. S&P500 is expected to open on a subdued note as investors are cautious ahead of second-quarter result...
Arthur Hayes Sees Bitcoin as Currency for AI, Sets New Price Target
Arthur Hayes, the co-founder of BitMEX has shared a whole new impressive forecast for Bitcoin (BTC) and the Artificial Intelligence (AI) world. Interoperability of Bitcoin and AI According to Hayes, B...
Dish Network’s Charlie Ergen Explores Consolidation of Telecom Businesses with EchoStar
DISH Network Corp (NASDAQ: DISH) Chair Charlie Ergen is weighing the merger of the two halves of his telecom empire, Dish and EchoStar Corp (NASDAQ: SATS). The companies have engaged advisors, Reuters...