The most fundamental characteristic of a successful stablecoin is a system ensuring fiat-pegged pricing so the token is, in fact, stable. Judging from past failures, it’s a task easier said than done...
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5 Of The Fastest Growing Companies In Bullish Charts
Finding the fastest growing stocks to buy can be a chore, but the Fastest Growing Companies screen in IBD MarketSmith quickly identifies those. X The stock screen finds 150 growth stocks with 10% or m...
Bitcoin Miners Confront Unprecedented Difficulty Level
4 hours ago | 2 mins read Bitcoin News Bitcoin mining difficulty reaches a record high of 52.35 trillion, reflecting intense competition among miners. The average hashrate of the Bitcoin network is ne...
Federal Reserve Meeting Shock: Two More Rate Hikes Eyed; S&P 500 Hangs Tough
The Federal Reserve skipped a rate hike but signaled that its key interest rate will likely rise in July and again after that. Policymakers expect to end the one-meeting reprieve amid continued streng...
Court allows bankrupt crypto exchange Bittrex to resume customer withdrawals
The U.S. arm of Bittrex will reopen withdrawals on June 15 after securing court approval for its plan to repay customers ahead of credited fines. A Delaware bankruptcy court ruled in favor of the comp...
COHR Stock Rockets As Coherent Introduces New Gear
Coherent (COHR) stock soared Wednesday after the maker of advanced laser processing systems introduced new equipment for manufacturing electric vehicles. COHR stock is a recent breakout. X The Saxonbu...
Crypto ATM Sparks Legal Battle as Police Return Cash to Victim
A legal spat is underway between a crypto kiosk manager and the McLennan County Sheriff’s Office. It all started with an elderly woman falling victim to an elaborate scam involving a crypto ATM. An 82...
Federal Reserve hold interest rates steady, forecasts two more rate hikes this year
The Federal Reserve held interest rates steady Wednesday, but officials signaled they are prepared to raise rates again this year to tame stubborn inflation. The central bank maintained its benchmark ...
Metropoly Brings New Properties To Platform As New Exchange Listing Imminent
2023 is poised to witness the prominent rise of Web3 on a global scale, fueled by significant investments that have yielded impressive outcomes. While Web3 has already made substantial progress worldw...
Nearly all Americans cut spending amid inflation: CNBC survey
A woman looks for products in a department store on January 26, 2023 in New York City. US gross domestic product increased at an annual rate of 2.9% in the fourth quarter of 2022. Leonardo Munoz | Cor...
Binance.US And SEC Seek Middle Ground To Avoid Asset Freeze
Binance.US and the Securities and Exchange Commission (SEC) seek common ground to avoid a complete asset freeze on the cryptocurrency trading platform. The SEC had sought an asset freeze for Binance....
US Federal Reserve halts rate rises as inflation cools
US Federal Reserve chairman Jerome Powell is expected to reveal a pause in interest rate rises for the first time in 15 months The Federal Reserve has paused its most aggressive round of interest rate...
$BTC Price Edging Closer to Bullish Breakout; Time to Buy?
Published 2 hours ago Bitcoin Price Analysis: Defying the increasing selling pressure in the crypto market, the leading cryptocurrency Bitcoin has moved sideways over the past two weeks. The daily cha...
SBF Could Argue Against Extra Charges, says the Bahamian SC
On June 12, former FTX CEO Sam Bankman-Fried filed a pretrial motion to dismiss most of the 13 charges ahead of the trial in October 2023. During the trial, he is supposed to face over a dozen charges...
Why This Level Could Define Its Fate
Bitcoin (BTC) remains steady at $26,000 amidst ongoing regulatory uncertainty in the cryptocurrency industry. While some investors are concerned about the impact of regulatory changes on the market, o...
Bloomberg Macro Strategist Says US Bonds Sucking Liquidity Out of Crypto and Risk Assets – Here’s His Outlook
Bloomberg Intelligence’s senior macro strategist Mike McGlone says that one major factor has him bearish on the crypto markets. In a new interview with crypto analyst Scott Melker, McGlone says that t...
5 key highlights of the SEC’s lawsuit against Binance
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance on June 5, alleging that the exchange was involved in the sale of unregistered securities. In its 136-page complaint, ...
Health insurance stocks slide after UnitedHealth warns of higher medical costs
Health insurer stocks dropped on Wednesday after UnitedHealth Group warned of higher medical costs as older Americans start to catch up on surgeries they delayed during the Covid pandemic. Shares of ...
ADA and BNB Price Analysis for June 14
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...
Ex-Starbucks manager awarded $25.6 million in suit over firing after 2018 arrests of 2 Black men
CAMDEN, N.J. (AP) — Jurors in federal court have awarded $25.6 million to a former Starbucks regional manager who alleged that she and other white employees were unfairly punished after the high-profi...
Binance May Now Leave Cyprus Amid Troubles With SEC Case
Key Points: Binance’s Cyprus subsidiary may be deregistered as a cryptocurrency service provider. According to the Cyprus Securities and Exchange Commission website, the exchange is being investigated...
Here’s When Dogecoin (DOGE) Will Bottom Out and Enter Next Rally, According to Analyst Nicholas Merten
A popular analyst says that leading meme crypto asset Dogecoin (DOGE) could spark a rally by the end of the year or early 2024. In a new video update, Nicholas Merten, the host of DataDash, tells his ...
Treasury Yields Fall in Anticipation of Possible Interest Rate Hike
Data has shown that the US Treasury yields fell as the traders and investors expect the Fed to either increase or postpone a rate hike. US Treasury yields fell on Wednesday as the market anticipates t...
Pacific Gas & Electric Co. (PCG) Stock Forecasts
Summary PG&E Corp. is the holding company for Pacific Gas & Electric Co., an investor-owned utility. The utility provides electricity to 5.5 million accounts and natural gas to 4.5 million acc...
Bitcoin’s Pressure on Crypto Market Intensifies Ahead of FOMC Decision
The crypto market cap suffered a significant loss, dropping to $1.055 trillion in 24 hours. Bitcoin experienced a temporary surge after the release of the May Consumer Price Index. Michael Saylor pred...
We’re in Our Mid-50s and Have $2 Million in Our 401(k)s. Should We Pivot to Roth Contributions?
Ask an Advisor: We’re in Our Mid-50s and Have $2 Million in Our 401(k)s. Should We Pivot to Roth Contributions? We are a dual-income couple in our mid-50s with over $2 million in our 401(k)s. Sh...
Crypto industry body slams banking restrictions in Australia
Amidst recent limitations imposed by Australian banks on cryptocurrency payments, key players within the blockchain industry are mobilizing to resist these constraints. Blockchain Australia, an indust...
EV stocks join AI hype in leading the market rally
The S&P 500 entered a new bull market last week. But the gains during this year’s run higher have been led by the tech-heavy Nasdaq and investor hyper for artificial intelligence plays. And ...
Fed holds interest rates, markets dip into the red
The Federal Reserve opted to keep interest rates at their current level Wednesday, marking the first pause in 15 months. Ongoing improvements in the labor market and low unemployment, coupled with el...
Bud Light’s Problems Aren’t Going Global. That Makes AB InBev a Buy.
Text size Bud Light’s partnership with Dylan Mulvaney has caused a backlash against the brand. Rob Carr/Getty Images Anheuser-Busch InBev has lost its title as seller of America’s favorite beer, but t...
BNB Surges 5.44% as Binance Shows Signs of Recovery Amid Legal Battles
Binance’s native token, BNB surges 5.44%. Ongoing negotiation with SEC fuels BNB price. Binance, the leading cryptocurrency exchange, recently experienced a notable surge in its native token, BNB, put...
AXSM Stock Surges After First-Ever Guidance Whops Analyst Expectations
Axsome Therapeutics (AXSM) expects its eight products to generate up to $11.5 billion in peak U.S. sales, the company said in a filing that sent AXSM stock zooming higher Wednesday. X This is the firs...