(Bloomberg) — The clouds are finally parting for Tesla Inc. investors who stuck with the electric-vehicle maker through a rough ride. A rush of good news for the company and the return of bullis...
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SEC Seeks To Take Satoshi Nakamoto To Court With Lawsuit Against Bitcoin
Key Points: According to a source from famous cryptocurrency trader Ash Crypto, the SEC has just filed a lawsuit against Bitcoin and wants Satoshi Nakamoto to appear in court. The Sec once asserted th...
FTX authorized to ‘permanently redact’ customer names from all bankruptcy filings
Bankrupt cryptocurrency exchange FTX has been granted permission to remove individual customers from all court filings in its bankruptcy case. Meanwhile, the names of companies and institutional inves...
Coinbase CEO Reveals Tense Relationship With SEC Chairman Gensler
Key Points: Coinbase CEO Brian Armstrong hopes for changes in U.S. crypto regulatory policies after the 2024 U.S. election. The Republican Party’s friendliness to cryptocurrencies is a positive sign f...
Uniswap: Milestone aside, 13% price plunge draws concerns
Uniswap achieved a significant milestone by surpassing 250 million swaps. UNI declined by over 13% as V3 dominated TVL. Uniswap [UNI] has been making waves recently, as the platform crossed a signific...
Today’s Wordle #722 Hints, Clues And Answer For Sunday, June 11th
How to solve today’s Wordle. NurPhoto via Getty Images Lazy Sunday is finally here! Huzzah! It’s not exactly lazy for me—it never is—with so many projects piled up to get through. I suppose they...
Legal Experts Discuss Likely Outcome of SEC’s Final Ruling on Ripple vs. SEC
Legal experts have argued that the SEC’s reliance on enforcement as the regulatory tool makes it unlikely that a final judgement in the SEC v. Ripple lawsuits will have an effect on the sector. ...
Misleading Reports And The Bigger Picture
Key Points: Binance’s reported net outflow of $392m in 24 hours may not accurately reflect a decrease in assets under management. Reports of a sharp increase in Binance outflow may be misleading, as t...
Talks of a new meme coin replacing Shiba Inu and DogeCoin
The crypto industry has been introduced to plenty of memecoin projects in the past. Among them, many have gone on to reach exemplary heights, while some fell short in their initial stages. Even though...
Making Crypto Mining More Accessible
Mining – the process of verifying transactions and packing them in blocks to send to the blockchain – is a critical component of many networks, including the largest one – Bitcoin. It’s the foundation...
Are Mutual Funds Retirement Accounts?
They’re two different things, but the money you save in a retirement account can be invested in mutual funds. In fact, that’s a good idea. Investing and saving for retirement are filled wi...
Optimism: Bedrock weaves its magic, better days ahead?
The cost of transferring ETH from the base layer to the L2 reduced by 66%. Optimism was the second-largest L2 network, holding assets worth $1.52 billion at press time. The recently executed Bedrock u...
Arcangelo Brings A Hearty Run To Win, Forte Places, Tapit Trice Shows
ELMONT, NEW YORK – JUNE 10: Arcangelo with Javier Castellano up wins the 155th Running of the … [+] Belmont Stakes at Belmont Park on June 10, 2023 in Elmont, New York. (Photo by Sarah Sti...
AI Could Turn Some Tech Winners Into Has-Beens
Even before Nvidia’s blowout earnings report this past week, artificial intelligence was top of the market’s mind. And not just because AI-related stocks have powered most of the rise of the Nasdaq Co...
Top Materials Stocks for June 2023
Top materials stocks this month include Snowline Gold Corp. (SNWGF), Patriot Battery Metals Inc. (PMETF), and NGEx Minerals Ltd. (NGXXF), the share prices of which have each risen more than 150% in th...
Coinbase CEO’s Vision for Inclusive Regulation
Enhanced market clarity and protections drive Coinbase CEO’s vision for crypto regulation. The hybrid approach integrates traditional financial practices into the crypto space. Clear guidelines for st...
Elon Musk Claims Praise for Open AI, Saying, “It Wouldn’t Exist Without Me”
CEO of Twitter and Tesla, Elon Musk, has recently made a bold statement regarding his contribution to Open AI. During an interview with CNBC, he claimed that Open AI wouldn’t have existed without his ...
ADA, MATIC, SOL face the music as Robinhood delists tokens
The decision to end support for the tokens caused a $387 million wipeout from the crypto market. Several indicators revealed that ADA, SOL, and MATIC’s momentum were bearish. The prices of Cardano [AD...
Apple, Amazon must face consumer lawsuit over iPhone, iPad prices
By Mike Scarcella (Reuters) – Apple and Amazon.com must face a consumer antitrust lawsuit in U.S. court accusing them of conspiring to artificially inflate the price of iPhones and iPads sold on...
Everything you need to know about the BRC-20 token standard
Since the introduction of Bitcoin ordinals, fungible tokens have become quite popular. This simultaneously led to the discovery of the BRC-20 token standard across the Bitcoin blockchain. The intercha...
US Government Debt To Surpass $51,990,000,000,000 by 2033 As Current Consumer Debt Shatters $17,000,000,000,000: Statista
US government debt is projected to skyrocket over the next decade as consumers cross an all-time high in debt accumulation. Citing data from the New York Fed’s quarterly report on household debt and c...
Trader Predicts Ethereum-Based Altcoin Will Plummet by Over 50%, Updates Outlook on Binance Coin and Chainlink
A closely followed crypto strategist says that an Ethereum (ETH)-based altcoin is flashing signs of bullish exhaustion as he details his forecast for Binance Coin (BNB) and Chainlink (LINK). Pseudonym...
Fidelity to Convert 6 Thematic Mutual Funds to ETFs
Fidelity Investments is set to convert six of its thematic mutual funds to exchange-traded funds as the $4.2 trillion mutual fund titan adds to the tens of billions in conversions since 2021. The fund...
Is Solana (SOL) Dipping to the Bottom in the Crypto Market?
30 seconds ago | 2 mins read Altcoin News Solana (SOL) is having a ‘strong sell’ moment through technical analysis. The current price of Solana is $15.79% as per CoinMarketCap. As June 2023 has starte...
Picking and Choosing Tokens to Prosecute Is ‘Pretty Unfair,’ Says Former SEC Cyber Chief
The U.S. Securities and Exchange Commission (SEC), led by Gary Gensler, has been clamping down big time on the cryptocurrency industry. This week it filed charges against Coinbase and Binance, the two...
Gensler can destroy the U.S. crypto industry, but he can’t kill crypto
Something funny happened during crypto’s week from hell. Even after the Securities and Exchange Commission launched a double-barreled assault on the industry with lawsuits against its two most importa...
3 Major Blockchain Networks Driving The Crypto Industry
Since its advent from more than a decade ago, blockchain has always been in the limelight of the tech world. In simple terms, blockchain is a distributed database that is shared by numerous computer n...
Ethereum: DeFi sector grows, but is it enough?
Ethereum consolidated dominance in DeFi with TVL and DEX growth. The NFT sector faced declining prices, however, validators remain interested. Ethereum [ETH] has continued to assert its dominance in t...
What Is Low-Code Development? – Global Economic Intersection
Low-code development has been experiencing a surge in popularity, with its market projected to achieve a remarkable $29 billion in revenue by the year 2025. But what exactly is low-code? What advantag...
FTX Judge Says Identity Of Customers Will Remain Undisclosed
– Advertisement – The judge overseeing the bankruptcy case of FTX has ruled that the identity of the creditors should remain undisclosed. The bankruptcy estate persuaded the judge to not ...
Musk’s refusal to pay rent adds to Goldman bad property loans
Goldman Sachs was hit by a surge in commercial real estate loan delinquencies in the first quarter, fuelled in part by Elon Musk’s refusal to pay Twitter’s rent. The value of loans to commercial real ...
Trader Claims Bitcoin Price Will ‘Sprint’ Toward $40,000 In The Near Future
Table of contents Mikybull – $30,000 could signal 60% gain for Bitcoin Mikybull Crypto sees ‘inverse head-and-shoulders’ for Bitcoin Bitcoin cost has been a subject of extraordinary ...