In an earlier article for Invezz regarding the Fed’s November 2022 meeting, I referred to the 2% trap, Perhaps global central banks, in a bid to maintain credibility have committed themselves too firm...
News
The Short Seller Report Makes Some Good Points, but Doesn’t Convince, Says Analyst
Thursday is turning out to be a bad day for Block (NYSE:SQ) stock. Shares of the digital payments specialist are down 14%, as of this writing, after a short seller launched an attack on the company. S...
Gaming Giant Nexon Taps Polygon for NFT Game MapleStory Universe
Nexon, one of the largest game publishers across Asia, is creating a new Web3 game based on its popular pixelated 2D role-playing franchise, called MapleStory Universe—and it’s launching a private Sup...
Web2 behemoth Google trying to innovate for web3
Google says it wants to disrupt itself to serve the needs of the crypto community. Rather than trying to sell what it already offers to the industry, the search giant instead says it is trying to inno...
Yuga Labs Leads Increase in Metaverse NFT Volume in Q1 2023
A new DappRadar NFT report indicates that trading volume for digital land NFTs grew 277.12% in Q1, 2023, reaching $311 million. Most land sales came from Yuga Labs’ Otherside metaverse NFTs, Otherdeed...
Bill Ackman warns US economy headed for ‘train wreck’ after latest Fed rate hike
The U.S. economy may be headed for a “train wreck” after the Federal Reserve continues its fight against inflation and Treasury Secretary Janet Yellen ruled out “blanket” prote...
Binance employees, volunteers tell users how to evade China crypto ban
Binance is the world’s biggest cryptocurrency exchange, handling $490 billion of spot trading volumes in March 2022. Akio Kon | Bloomberg | Getty Images Binance is the world’s largest cryp...
SOCKS on Fire: PleasrDAO to Burn Unisocks Tokens, Real Socks Too
PleasrHouse, a recently launched streaming auction series from Web3 collective PleasrDAO, has orchestrated a pair of compelling sales so far—including a Pentagon Papers-themed NFT in collaboration wit...
Think Texas has a cheaper tax burden than California? Think again.
Much was made of the so-called tech exodus from California to lower-tax Texas during the COVID-19 pandemic. But a new report finds it’s not quite as good of a deal as many think. Though Texas ha...
SingularityNET (AGIX) Price Recovers From Early-March Sell-Off
AGIX has kept hopes of a sustained bull rally alive after rebounding above $0.50. With the social sentiment in the SingularityNET community still gloomy, is it time to buy the dip? Media attention su...
Banks ramp up use of new Fed facility created in crisis
Federal Reserve Board Chair Jerome Powell holds a news conference after the Fed raised interest rates by a quarter of a percentage point following a two-day meeting of the Federal Open Market Committe...
Bitcoin Advocates Discuss US Government’s Alleged Mission to Eliminate Crypto Access – Bitcoin News
Since the collapse of three American banks friendly to cryptocurrency businesses and the U.S. government’s insistence that crypto assets are “risky investments,” many speculators believe bureaucrats a...
Tesla Model 3 Could Lose EV Tax Credit, Report Says. The Stock Is Still Up.
Car companies loved it when the U.S. government rolled out its $7,500 tax credit for people who buy electric vehicles. Now the sector might not be so sure how it feels. On Thursday, EV news outlet Ele...
Stacks Price Prediction: Will STX Price Reach $2.00 in Mid-2023?
1 Stacks price prediction suggests a 60% rise if certain conditions are met. 2 STX price sustained above 50- and 200-day EMA showcasing strong uptrend. 3 Stacks price recovered 135% (approx) from the ...
DigiToads can impact crypto markets as SushiSwap did before the SEC subpoena
The hype around DeFi protocols has driven a lot of excitement and investment over the last few months. DigiToads (TOADS) could set a new course for the crypto market. The question remains: will it imp...
Charlie Munger says that your first $100K is the toughest to earn — but most crucial for building wealth. Here’s why it’s such a magical milestone
‘It’s a b—-, but you gotta do it’: Charlie Munger says that your first $100K is the toughest to earn — but most crucial for building wealth. Here’s why it’s such a ...
Analyst Benjamin Cowen Says Bitcoin (BTC) Is About To Scare Everyone With Big Move – Here’s What He Means
Widely followed crypto analyst Benjamin Cowen says Bitcoin (BTC) will make a big move this year that will frighten a lot of people. In a new strategy session with Altcoin Daily co-host Austin Arnold, ...
SEC Charges Justin Sun and his Companies Along with 8 Celebrities
The SEC has charged Justin Sun and his companies for fraud and other securities law violations. The Commission also charged 8 celebrities for illegal touting of Sun’s crypto asset securities. On March...
Former Coinbase CTO Predicts Bitcoin To Rise 35,000% In June Amid U.S. Bank Uncertainty
Former Coinbase Chief Technology Officer (CTO) Balaji Srinivasan is betting big on Bitcoin (BTC/USD), predicting the cryptocurrency will hit $1 million by June 17 because of a rapid devaluation of the...
Brian Armstrong: Coinbase ‘Happy To Go To Court’ With SEC To Defend Industry
Coinbase executives doubled down on the possibility of taking the SEC to court a day after the regulator warned the crypto company it could bring an enforcement action against it. The SEC hit Co...
Coinbase and Gary Gensler are in a death match and only one of them can prevail
The chair of the Securities and Exchange Commission, Gary Gensler, just went all in. After years of dithering, Gensler instructed his agency to send Coinbase a Wells Notice—a corporate nastygram that ...
Lindsay Lohan Accused by SEC of Illegally Touting Tokens
(Bloomberg) — The US Securities and Exchange Commission sued crypto mogul Justin Sun for allegedly violating securities rules, and said eight celebrities including Lindsay Lohan and the artist k...
FTX plans to sell stake in Mysten Labs for $96M
Ad FTX has submitted a motion through which it intends to sell its stake in Mysten Labs, according to a bankruptcy court filing on March 22. The value of the sale is estimated to be more than $96 mill...
Credit Suisse & UBS Under U.S. Justice Dept Investigation
According to recent reports, the U.S. Department of Justice is investigating whether or not financial professionals at premier institutions assisted Russian oligarchs in evading sanctions imposed by t...
As Flavored Whiskey Continues To Grow, Pernod Ricard Acquires Peanut Butter Whiskey
After launching in 2018, this one-of-its-kind peanut butter whiskey has shown exponential growth. Skrewball Whiskey Pernod Ricard USA has announced it has acquired a majority stake in Skrewball Peanut...
Blizzard Issues A Major Warning To ‘Diablo 4’ Players Ahead Of The Open Beta
Diablo IV Credit: Blizzard Diablo IV fans got their first taste of Blizzard’s upcoming action-RPG last weekend during the game’s Early Access Beta weekend. This was limited to pre-order customers and ...
How Did Significant Developments Help Shape Artificial Intelligence? – Cryptopolitan
Artificial Intelligence (AI) has been one of the most fascinating fields of study in recent times, with groundbreaking developments and advances happening at a dizzying pace. In this guide article, we...
Telegram Integrates Tether (USDT) Payments on Tron Network
Telegram has added a new feature enabling users to send each other the world’s largest stablecoin, tether (USDT). USDT runs on several blockchains, but for now, Telegram has added support for the stab...
Ouster (OUST) Q4 2022 results
The New York Stock Exchange welcomes Ouster Inc. (NYSE: OUST), today, Friday, March 12, 2021, in celebration of its Initial Listing. To honor the occasion, Ouster CEO Angus Pacala, joined by Chris Tay...
Arbitrum overtakes Ethereum in transaction numbers as airdrop approaches
Ethereum’s (ETH) layer-2 scaling solution Arbitrum (ARB) experiences unprecedented growth in anticipation of the ARB token airdrop. The Ethereum-based layer-2 scaling solution, Arbitrum, has reached a...
New Jersey deli fraud defendant renounced U.S. citizenship
Peter Coker Jr., left, is issued search warrants from police at his villa on the southern resort island of Phuket, Thailand, Jan. 11, 2023. Crime Suppression Division, Royal Thai Police | AP NEWARK, N...
IRS Floats New Guidance Around NFT Classification That Would Increase Taxes
The Department of the Treasury and IRS issued a new notice proposing most NFTs be taxed higher than securities and other assets. Certain NFTs should be classified as collectibles, the agencies s...