But as a product of negotiations between Rep. Patrick McHenry (R-N.C.), the chair of the financial panel, and Rep. Glenn “GT” Thompson (R-Pa.), the chair of the agriculture committee, this bill doesn’...
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Bank Stocks Are Too Beaten Down. JPMorgan Chase, Citizens Financial, and More to Buy Now.
Text size Bank of America’s earnings multiple is looking attractive again. Sergio Flores/Bloomberg Bank stocks are scary—scary enough that it might just be time to start buying them again. No one deni...
Apple and Goldman Sachs Don’t Trust Their New Banking Customers
The absurdity of this is layered and nuanced, like a souffle of clumsy, anti-customer banking practices. One trigger for such a bank security review, you see, is making a large deposit into a new acco...
Insurance giant Allstate followed StateFarm in halting home insurance policies for Californians
California’s homeowners are already bearing the brunt of devastating wildfires every summer. Now, it will be harder for them to find insurance companies willing to potentially cover the damages. Allst...
Sotheby’s Golden ‘Goose’ Sale, Mercedes Benz NFTs and Nike Teams Up With EA Sports
What: Fewocious, aka Victor Langlois, started creating colorful works of art in his early teen years before slowly building a reputation for himself in the digital art space. Now at 20, he has been dr...
Elon Musk accused of insider trading (again) to rake in $124 million from Dogecoin sales by temporarily changing Twitter logo to a Shiba Inu
Elon Musk faces fresh allegations he engaged in illegal insider trading of Dogecoin by manipulating its price for personal gain. More from Fortune: 5 side hustles where you may earn over $20,000 per y...
2015 – Vitalik Buterin and Birth of Ethereum
Buterin sees the situation differently. In a podcast with Lex Fridman, he noted the differences between holding values close to heart, and knowing when to compromise. The DAO fork was a pragmatic deci...
PwC Contracts Frozen by $191 Billion Australian Pension Fund
(Bloomberg) — Australia’s largest pension fund AustralianSuper has frozen all future contracts with PricewaterhouseCoopers as it assesses the fallout of the embattled accounting firm’s tax advic...
Bitcoin Price (BTC) Steady After U.S. Adds 339K Jobs in May
The Fed’s Federal Open Market Committee (FOMC) meets next on June 13-14, and markets are divided on whether the central bank will again boost rates – a sharp change from just one month ago, when...
Japan’s ANA builds an NFT marketplace and envisions metaverse possibilities – Cryptopolitan
All Nippon Airways (ANA), Japan’s largest airline group holding company, has established a non-fungible token (NFT) marketplace on the Ethereum blockchain, where users can buy and sell aviation photos...
US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC
Lawmakers with the United States House Financial Services Committee and House Agriculture Committee have released a draft discussion offering certain crypto assets a pathway to being labeled digital c...
US hiring jumped last month. So did unemployment. Here’s what that says about the economy
WASHINGTON (AP) — The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of enduring strength in an economy that the Federal Reserve ...
Bitcoin Price (BTC) Bounces Back to $27K Ahead of Jobs Report
Bitcoin climbed nearly 1% to back above $27,000 ahead of U.S. government’s Nonfarm Payrolls report set to release at 8:30 AM ET. The jobs report is expected to show that the economy added 180,000 jobs...
Central Bank of Kenya considers CBDC but prioritizes existing solutions for payments – Cryptopolitan
The Central Bank of Kenya (CBK) has received over 100 comments from stakeholders, including the public, commercial banks, and tech firms, regarding the potential issuance of a central bank digital cur...
Arbitrum price soars after DeFi whale address resumes ARB accumulation
On June 2, the price of Arbitrum jumped alongside the top-ranking cryptocurrencies after the United States Senate voted to raise the debt limit. Why is the ARB price up today? The price of Arbitrum (A...
Bitcoin BTC Price Has Reached ‘a General Accumulation Phase’: Analyst
Bitcoin was recently trading at about $26,835, roughly flat over the previous four hours but down 1.2% from Wednesday, same time, according to CoinDesk Indexes. The largest cryptocurrency has seemed a...
Bitcoin Investors Wait For A Bullish Surprise! Will BTC Price Head Toward $28K?
As the Bitcoin market continues to display massive volatility near the $27K level, investors are awaiting a bullish surprise to ride on a short-term uptrend. The U.S. unemployment rate recently broke ...
Coinbase to Launch Bitcoin and Ether Futures Contracts for Institutional Investors on June 5
Popular crypto exchange Coinbase will launch Bitcoin and Ethereum futures contracts for institutional investors on June 5, the company said on its website. The company will launch these products thro...
Losses from crypto rug pulls outpaced DeFi exploits in May: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. May was a mo...
Synthetix (SNX) Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market
The change highlights Synthetix’s focus on its v2 perpetuals markets, which had $22 million in volume over the past day, data from a dashboard created by the Synthetix community shows. Synthetix’s v2 ...
Red Bull and Mysten Labs’ Sui Network strategic partnership – Cryptopolitan
Sui Blockchain, a renowned blockchain company, recently made waves with its revolutionary multiyear contract with Formula 1’s Red Bull Racing. This alliance highlights blockchain technology’s potentia...
Bloomberg Strategist Warning Down Risk For Bitcoin In The Near Time
Key Points: Crypto has a number of challenges, according to Mike McGlone, a senior macro analyst at Bloomberg. He believes that Bitcoin’s worst is yet to come, citing current patterns, fundamental rea...
Crypto reform subject of draft bill from US Senate
The U.S. Senate is working on a draft bill shifting digital assets initially classified as securities to be regulated as commodities. The proposed legislation presents a pathway for the regulation of ...
Can It Surpass The 2024 Price Predictions of XRP And Lido DAO?
The cryptocurrency market has witnessed numerous presale events that have captivated investors with their potential for exponential growth. In recent times, Uwerx has added itself to that list, riding...
Best crypto memes of the day – June 2nd – Cryptopolitan
Ibiam Wayas Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general p...
As the Meme Coin Craze Shows No Signs of Slowing Down, These 3 Tokens That Could Explode Next
The meme coin market has taken a hit in recent weeks, with most tokens suffering double-digit value drops. Investors are now looking elsewhere for returns potential, given the current state of meme co...
Privacy-focused Aleo blockchain gets new wallet as mainnet launch approaches
Demox Labs has debuted a new wallet for the privacy-oriented Aleo blockchain network, according to a June 1 announcement. Called “Leo,” the wallet allows users to generate zero-knowledge (ZK) proofs w...
Why Elizabeth Warren Is Wrong About Crypto and the Fentanyl Epidemic
Notably, the drug industry does and does not include everything from the cultivation, manufacture, distribution and sale of illicit substances, depending on your chosen frame. The headline number Chai...
Blockchain Association Criticizes US Treasury Tornado Sanctions In New Court Filing
Key Points: The Blockchain Association, a crypto advocacy organization based in Washington, D.C., has submitted a court brief in support of Coin Center’s appeal. It referred to the Treasury Department...
Unleashing the Future of Gaming; GameSwift Teams Up with Arbitrum
41 mins ago | 2 mins read Market News GameSwift and Arbitrum integration revolutionizes the Web3 gaming experience. Arbitrum’s $3.57B TVL and high transaction volume set industry standards. GameSwift,...
Blockchain Association files new amicus brief to support Tornado Cash’s defense
The Blockchain Association said June 2 that it filed an amicus brief to support a CoinCenter case that defends the coin mixer Tornado Cash. Kristin Smith, CEO of the Blockchain Association, said: “… T...
Ripple vs. SEC: Pro-XRP Lawyer Says He Will Be Shocked if Decision Not Made by End of September
John Deaton, the legal representative advocating for XRP token holders in the ongoing Ripple Vs SEC lawsuit, has now outlined a fresh timeline forecasting when the judge might pass a summary judgment....