Two Ethereum (ETH) developers are sounding off on a new European stablecoin that recently launched on the top smart contract platform. The pseudonymous ETH developer known as 0xfoobar tells their 128,...
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Avalanche Price: AVAX In Pressure From Bears, Will It Hit $15?
AVAX has seen a decrease in TVL from the high of $12.1 Billion in December 2021 to $823 Million in April 2023. Technical indicators favor a consolidation in price trends. It has seen a drop of 3.5% in...
Accountant Shortage Leaves Some US Cities Without Credit Ratings
(Bloomberg) — The municipality of Marion had planned to finance a new $10 million firehouse with a bond deal later this year, but that project and others are on pause because the city north of C...
Bitcoin price tanks alongside ether as traditional markets are mostly flat
Bitcoin and ether tumbled on Friday, while the S&P 500 and Nasdaq indexes were mostly flat for the day. Bitcoin fell 3.5% over the past 24 hours to trade at $27,271, according to data from ...
Keep personal info of FTX users private
Jeremy Sheridan, former assistant director of the United States Secret Service Office of Investigations, has warned that certain FTX customers could become targets if their personal information were t...
Cathie Wood Pounces As Tesla Stock Plunged On Earnings Report
Cathie Wood and her Ark Invest firm loaded up on Tesla (TSLA) stock Thursday as the EV giant dropped to its lowest levels since late January after announcing first-quarter earnings. X Wood’s Ark...
Devin Booker Is Proving He’s A Force To Be Reckoned With
Phoenix Suns guard Devin Booker (1) reacts after scoring during the second half of Game 3 of a … [+] first-round NBA basketball playoff series against the Los Angeles Clippers in Los Angeles, Th...
A Schwab Divorce From Bank Could Unlock Value, JPMorgan Says
(Bloomberg) — With all the angst bearing down on Charles Schwab Corp., the brokerage may be worth a lot more without its bank. Most Read from Bloomberg That’s the thinking of JPMorgan Chase &...
Should The Indiana Pacers And Oshae Brissett Work On A Contract Extension Before Free Agency?
MIAMI, FLORIDA – DECEMBER 23: Oshae Brissett #12 of the Indiana Pacers attempts a jump shot during … [+] the first half against the Miami Heat at FTX Arena on December 23, 2022 in Miami, F...
Ethereum is going to transform investing
Ethereum is often depicted as traditional finance’s adversary in a Manichean struggle for decentralization. In reality, there isn’t any conflict at all. Rather than subverting the traditional financia...
SQM Weighs Hard Choices in Chile Amid $3.7 Billion Share Wipeout
(Bloomberg) — The Chilean government’s announcement of a new lithium model is giving the nation’s biggest producer some hard choices, and its shareholders a reason to sell. Most Read from Bloomb...
SWAV Stock Soars As Boston Scientific Reportedly Mulls A Shockwave Takeover
Boston Scientific (BSX) is considering a takeover of Shockwave Medical (SWAV), according to a report Friday that sent SWAV stock soaring. X Shockwave uses electrical impulses to “crack” ha...
Lyft CEO Says Staff to Be Cut ‘Significantly.’ Uber Stock Tumbles.
Lyft the ride-share company, announced a large round of layoffs in an effort to cut costs. In an email to employees that was later released to the public Friday, Lyft (ticker: LYFT) Chief Executive Da...
Californian Regulator Takes Action Against AI-Based Alleged Crypto Ponzi Schemes
The Californian Department of Financial Protection And Innovation (DFPI) issued cease and desist orders against five companies profiting from the hype around AI to attempt to dupe gullible investors. ...
Stocks end week lower amid earnings, strong economic data: Stock market news today
Stocks closed slightly higher on Friday afternoon as investors digested a final slate of corporate earnings and fresh economic data to close out the week. The S&P 500 (^GSPC) rose 0.09%, while the...
U.S. SEC Secures Historic $2.8 Mn In Settlement
Crypto News: A lawsuit by the U.S. SEC that dates back to September of 2022 against a crypto firm, has finally ended in a settlement worth $2.8 million. The lawsuit in question charged Hydro Technolog...
U.S. SEC Secures Historic $2.8 Mn In Settlement
Crypto News: A lawsuit by the U.S. SEC that dates back to September of 2022 against a crypto firm, has finally ended in a settlement worth $2.8 million. The lawsuit in question charged Hydro Technolog...
Mohamed El-Erian warns of recession, Fed-triggered financial accidents and commercial real-estate’s ‘moment of truth’. The top economist told us why, in an exclusive interview.
Mohamed El-Erian.REUTERS/Fred Prouser Mohamed El-Erian addressed the key concerns investors are grappling with today, in an Insider interview. He flagged recession risks, covered credit-crunch concern...
3 Low-Priced REITs With High Yields That Are On Fire
Imagine this scenario — three very different real estate investment trusts (REITs) priced between $3.50 and $7.15 per share. All three REITs sport dividend yields between 6% and 16.85%, and all three ...
ETH forfeits hold over $2000 as bears seize control, where will prices go next
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. On-chain metrics highlighted the huge selling pre...
GRT Drops More Than ETH, Is a Bounceback Near?
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Innovate some compliance mechanisms, US Treasury official tells DeFi community
The United States Treasury did a risk assessment of decentralized finance (DeFi) and found the sector lacking in several ways, Assistant Treasury Secretary for Terrorist Financing and Financial Crime ...
Amazon Earnings Are Next Week. It Remains ‘Best Idea’ for J.P. Morgan Analysts.
J.P. Morgan analysts are feeling bullish about Amazon with first-quarter earnings around the corner. Analyst Doug Anmuth wrote that Amazon (ticker: AMZN) remains the firm’s best idea in the internet ...
A Gathering of Optimism in the Digital Art World
NFT NYC 2023 happened in New York City from April 12-14. It is a platform where industry leaders, influencers, developers, and fans gathered for all things non-fungible. Despite the brutal bear market...
Millennials are sabotaging their retirement with poor investing moves, study finds
Spooked by last year’s stock swoon, millennials are now derailing their own retirement savings goals with subpar investing decisions, according to a new survey. Workers between ages 27 and 42 allocate...
ARK Invest Lifts Tesla Stock Price Target. Cathie Wood Is Growing More Bullish.
While many Wall Street analysts cut their price targets on Tesla shares after a disappointing earnings report, Cathie Wood’s ARK Invest went a different direction. It’s almost a Rite of Spring. On Th...
Should You Buy or Sell Tesla Stock After Its Earnings?
For a maker of nearly silent electric vehicles, there’s an awful lot of noise around Tesla From a volley of EV price cuts, disappointing earnings, Wall Street downgrades, and stock volatility, it’s en...
Bill Gross Scoops up Regional Bank Stocks
(Bloomberg) — Battered regional banks got a vote of confidence from the one-time king of the bond world. Most Read from Bloomberg In his investment outlook published Friday, Bill Gross, the form...
Tesla price cuts offer long-term benefit to Mercedes, BMW: analyst
Tesla’s (TSLA) price cuts hit the electric vehicle maker’s bottom line in the first quarter, generating consternation among investors and industry watchers this week. Many, including Ford&...
Lithium Stocks Are Falling Today: What’s Going On?
Lithium stocks, including Albemarle Corp (NYSE: ALB), Sociedad Quimica Y Minera S.A. (NYSE: SQM), and Livent Corp (NYSE: LTHM) are trading lower Friday after Chilean President Gabriel Boric shared pla...
When Is the Debt-Ceiling’s ‘X-Date’? Sooner Than Expected Because of a Disappointing Tax Season.
What happens when an unflappable stock market meets an intractable Congress? With the debt ceiling’s X-date fast approaching and a disappointing tax season in the books, we may get the answer sooner t...
Can Bitcoin float above US$27,500 after sinking below US$30,000?
Bitcoin fell 8.48% in the week from April 14 to 21 to trade at US$28,114 at 7:30 p.m. on Friday in Hong Kong. The world’s largest cryptocurrency by market capitalization has been trading below US$30,0...