Multifamily investment is preferred for passive monthly income with multiple benefits, including rental income, appreciation and tax advantages. But according to one well-known entrepreneur and invest...
News
Bond Traders Brace for Fed Meeting Fraught with Wildcards, Risks
(Bloomberg) — The risks for bond investors from next week’s Federal Reserve meeting go well beyond whether officials decide to raise interest rates again. Most Read from Bloomberg For a market t...
XRP Holders Finally Back To Supporting Cardano Founder
Crypto Market News: The rivalry between Cardano founder Charles Hoskinson and the XRP token holder community could finally be ending as both sides agree to make peace. This could not have come at a be...
Carvana crashes back down to earth
Carvana’s big rally is now looking more like a blip on the radar. Shares in the online-car retailer soared Thursday, closing up by 56% from the prior day on news that it expected to post $50 mil...
5 Best Free Cryptocurrency Cloud Mining Sites in 2023 – Daily Payouts
Cryptocurrency cloud mining is a significant global trend. It’s becoming more and more popular because it doesn’t call for expensive technology or specialized skills. Today, anyone may buy hash power ...
TUSD Serious Plunge After Mining Stop Notice
Key Points: TUSD is in the midst of the most severe de-anchor against BUSD and USDC. Yesterday, TrueUSD announced it to stop providing mint service through Prime Trust amid rumors that this company is...
TaxBit Layoffs 40% Of Workforce After $130M Valuation Boost
Key Points: TaxBit lays off 80 employees amid crypto industry downturn and regulatory pressure. The firm was valued at over $1.3B after Series B funding but had to make cutbacks due to economic condit...
What’s Next for Bitcoin (BTC), Ethereum (ETH), & Ripple (XRP) Prices in the Coming Week?
Bitcoin (BTC) Price Analysis The Bitcoin price witnessed a massive dump of over 3.38% in the past 24 hours, dragging the global market cap by nearly 6%, which is approaching the $1 trillion mark. The ...
Bitcoin: Will bearish sentiment let up next week?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. A shorting opportunity could present itself amids...
Oil Has a Pricing Disconnect—and a Trust Issue
Illustration by Elias Stein Text size Oil prices fell 1.8% this past week even after OPEC and its allies extended production cuts through 2024 that have taken 3.5 million barrels a day off the oil mar...
‘Black Swan’ author Nassim Taleb lashes out at Bitcoin and says it’s ‘transformed into a cult’
Bitcoin is an ineffective cult that not even “bad guys” want to join anymore, said the author of The Black Swan, a bestselling book on the extreme impact of outlier events. Cryptocurrency falls short ...
Hong Kong Web3 Industry Faces Up To 100,000-Person Talent Gap Crisis
Key Points: Hong Kong Web3 industry is experiencing a significant talent gap, hindering its growth and development. Legislative Council member Wu Jiezhuang intends to incubate 1,000 Web3 companies in ...
China Declares Support for Massive BRICS Expansion As Countries Push to Challenge US Dollar
China says it’s fully backing a major expansion of the global economic alliance known as BRICS. The country is ready to “bring more like-minded partners” into BRICS, which currently consists of Brazil...
Tesla’s Record Run Drives Nearly $200 Billion Jump in Value
(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...
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...