(Bloomberg) — Shares of Rivian Automotive Inc., the money-losing electric vehicle startup, may get pushed out of the Nasdaq 100 Index as early as this month after plunging more than 90% from the...
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EU study proposes default security status for crypto assets, legal recognition for DeFi
A European Parliament-commissioned study proposes all crypto assets be treated as securities by default and calls for decentralized finance (DeFi) organizations to receive legal status. A recent study...
Gate.io addresses insolvency rumors amid multichain issues – Cryptopolitan
Gate.io, a prominent cryptocurrency exchange, has responded to rumors circulating about its alleged insolvency, emphasizing that its operations are functioning well. The company also revealed its inte...
Nike NFTs Will Be Incorporated Into EA Sports Games
Nike NFT marketplace .Swoosh will be incorporated into future EA Sports video games. While neither EA nor Nike has released information about which titles will include Nike virtual athletic attire, E...
Billionaire Mike Novogratz Says One Massive Catalyst Will Send Crypto Off to the Races
Galaxy Digital CEO and founder Mike Novogratz believes that one catalyst could send digital assets soaring within months. In a new interview with CNBC, the billionaire predicts that the Federal Reserv...
Sui Network Partners With Formula One Team Red Bull Racing
43 mins ago | 2 mins read Blockchain News Oracle Red Bull Racing is known for its deep commitment to Web 3.0 companies. Bybit, a cryptocurrency exchange, has recently come on board as a significant sp...
Vanguard fined for providing misleading account statements to its customers
By Jaiveer Shekhawat (Reuters) -Vanguard Group, the world’s largest issuer of mutual funds, was fined and censured by the Financial Industry Regulatory Authority (FINRA) for errors appearing in ...
Bitcoin investors seek downside protection amid rising macro uncertainties
Quick Take Demand for downside protection on Bitcoin is growing, according to Swissblock. The put-to-call ratio is signaling that investors are hedging to the downside. Swissblock reiterates that the ...
The easiest way to earn CAKE, by far! – Cryptopolitan
Pancake (CAKE) has been made more accessible to investors in the following ways. The entity has introduced Pancake Protectors. Pancake Protectors, powered by the PvP GameFi protocol Mobox, immerses p...
KuCoin Token (KCS) Price: Imminent Bounce?
While the KuCoin Token (KCS) price shows signs that often lead to a bounce, the long-term readings remain bearish. Despite this pessimistic outlook, the price may undergo an initial rally before resu...
Crypto Whales are Eyeing Algorand and InQubeta Presale for Significant 2023 Gains
In the ever-evolving world of cryptocurrencies, experienced investors known as “crypto whales” are always on the lookout for opportunities that can potentially yield significant gains. Lately, their a...
InQubeta : Shaping the AI Crypto Market
SPONSORED POST* Cryptocurrencies like InQubeta and Bittensor (TAO) are emerging as the top altcoins to buy as an increasing number of investors flock towards cryptos that help to push the development ...
Target Is Getting Hit Hard. Now Student Loan Repayments Threaten the Stock.
Text size J.P. Morgan’s Christopher Horvers cut his price target on Target shares to $144 from $182. Photograph by Justin Sullivan/Getty Images Target stock could fall further when student loan repaym...
DigiToads Presale Sees Huge Influx from ApeCoin Community
DigiToads (TOADS) attracts meme coin investors for raising more than $4.4M in funds during the ongoing TOADS presale. As more meme coins step into the crypto realm, many investors struggle to decide ...
2 Chip Stocks That J.P. Morgan Says Could Dominate the Critical AI Market
Text size Marvell Technology stock has risen 65% so far this year. Courtesy of Marvell J.P. Morgan says two chip stocks will do well riding the rising demand for custom-designed semiconductors: Broadc...
Avalanche reaches 1 Million Monthly Active Users
In an impressive milestone for the Avalanche (AVAX) ecosystem, the platform has successfully surpassed the coveted one million monthly active users (MAUs) mark. Avalanche’s achievement not only...
Silvergate agrees with Fed deadline for wind-down plan of crypto-friendly bank
Policy • June 1, 2023, 1:52PM EDT Silvergate Bank has agreed with a Federal Reserve order to file a self-liquidation plan with California financial regulators within 10 days. The Federal Reserve’...
Assessing Avalanche’s state as Trader Joe grabs user interest
Trader Joe’s rapid growth boosts Avalanche with a surge in active addresses and token trading volume. However, Avalanche’s overall growth faces multiple challenges. Over the past few days, Avalanche [...
From firing 9,000 people after a buyout and earning the nickname ‘The Terminator’, this is how LVMH CEO Bernard Arnault made his money
The founder and CEO of the luxury powerhouse LVMH, Bernard Arnault, has once again lost his crown as the richest person on the planet—but the billionaire is in no need of sympathy. More from Fortune: ...
UAE Crypto License in Sight: Gemini Exchange Makes Move for Regulatory Approval
Gemini, the popular cryptocurrency exchange founded by the Winklevoss twins, announced its intention to obtain a cryptocurrency service license in the United Arab Emirates (UAE). This move marks Gemin...
Walmart is raising wages for pharmacists, opticians in healthcare push
By Siddharth Cavale BENTONVILLE, Ark. (Reuters) – Walmart is raising wages for thousands of U.S. pharmacists and opticians, the retailer said on Wednesday, part of its broader plan to expand pri...
Texas Passes New Proof of Reserves Bill for Crypto Exchanges
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The Texas House of Representatives has passed a bill saying that all crypto exchanges and related platforms must p...
How Does Quantum Computing Impact Crypto Mining In a Distinctively More Powerful Manner – Cryptopolitan
In an era underscored by relentless technological evolution, our digital society sits at the precipice of two pioneering advancements: quantum computing and cryptocurrency mining. These emergent techn...
Sui Network Now the Official Partner of Oracle Red Bull Racing
Layer-1 blockchain protocol Sui Network has announced that it has inked a partnership with Oracle Red Bull Racing, one of the most popular Formula One racing teams. Per the terms of the announcement, ...
Is Bitcoin Headed For A Summer Swoon?
Bitcoin (BTC) has been on a rollercoaster ride for weeks. However, the largest cryptocurrency in the market seems poised to breach the $30,000 mark again if it continues its bullish momentum. Neverthe...
Billy Joel Announces The End Of His Madison Square Garden Residency
NEW YORK, NY – MAY 09: Billy Joel performs onstage celebrating his 65th birthday at Madison Square … [+] Garden on May 9, 2014 in New York City. (Photo by Kevin Mazur/WireImage) WireImage ...
11 things the United States can learn from other nations’ crypto regulations
While the U.S. has long been known as a center of innovation and new technology, the nation’s regulatory bodies don’t seem to know quite what to make of the crypto industry. The U.S. is lagging behind...
USDC Stablecoin Launches Natively on Arbitrum (ARB)
Vladislav Sopov Second largest stablecoin rolls up its native version on dominant Ethereum (ETH) scaler Contents USDC launches natively on Arbitrum, liquidity migration starts Arbitrum (ARB) strengthe...
What Is The Marshall Islands DAO Act and Is It Legit? – Cryptopolitan
The digital era, characterized by technological advancements and the digitalization of various economic sectors, has seen the birth and growth of a unique type of organization known as Decentralized A...
CleanSpark Announces Purchase Of 12,500 Antminer S19 XP Bitcoin Miners
CleanSpark Inc. has announced the purchase of 12,500 Antminer S19 XP bitcoin mining machines for a total price of $40.5 million. The machines were acquired at a lower price than the current market ave...
Bitcoin active users, fees and transactions had a wild ride in May amid memecoin mania
Markets • June 1, 2023, 1:32PM EDT Thanks to memecoins with names like pepe, piza and ordi, Bitcoin saw a bit of a bumpy ride last month. After sinking to its lowest level in nearly two years, the num...
Ethereum Struggles to Break Resistance, Showing Bearish Signs Below $1,920
Ethereum, the world’s second-largest cryptocurrency, is facing a challenging phase as it shows bearish signs and remains well below the crucial $1,920 resistance zone. With the price trading below $1,...