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Weekly Top Crypto News (May 15 – May 21)
The crypto market suffered another bleak week, with big currencies like Bitcoin and Ethereum continuing to float sideways with no discernible change. Here, let’s review this week’s top crypto news wit...
PEPE Shoots Up 12% Daily, Bitcoin Shaky at $27K (Weekend Watch)
After sitting below $27,000 for a few days, bitcoin finally jumped above that level in the past 24 hours but is yet to decisively reclaim it. Most altcoins are with insignificant gains on a daily scal...
BRICS Economic Alliance Challenges US Dollar Supremacy: 13 Countries Vie for Membership!
Key Points: 13 countries apply to join global economic alliance BRICS; considering launch of global currency backed by gold to shift away from US dollar. BRICS based on political security, economic an...
Breaking: SEC Staff Emails Reveal XRP Didn’t Fail Howey Test | Coingape
XRP News: The US District Court for the Southern District of New York is yet to deliver a judgment on whether Ripple’s XRP can be considered a Security. In the meantime, the attorney representing XRP ...
San Francisco is reportedly investigating Twitter over possible building code violations
San Francisco authorities have opened a new investigation into Twitter after six former senior employees filed a lawsuit against the company, according to AP and the San Francisco Chronicle. The plain...
Ben.eth Demands Settlement Via NFT After $7M Token Sale Frenzy
Key Points: A lawyer served a settlement demand via NFT to an alleged influencer known as ‘Ben.eth’ regarding a manipulative launch strategy used on a recent $7 million token presale. The influencer m...
Berkshire Stock Buys Still Get a Buffett Bounce—but Maybe Not the Expected Results
Illustration by Elias Stein Text size Warren Buffett is justifiably renowned as a stockpicker. But following Berkshire Hathaway into new equity holdings is no sure thing. This past week, Berkshire dis...
Foot Locker Stock Tumbles After Earnings Report
Shares of Foot Locker tumbled Friday after the retailer missed Wall Street expectations in its latest quarterly report and slashed its outlook for the full year. The stock closed down 27%. Foot Locker...
Sunak’s complacency towards the management of Britain’s accounts is breathtaking
rishi sunak Rishi Sunak is imposing the biggest tax rise the UK has seen since the 1970s. The Government’s decision to freeze personal tax thresholds for the next five years will drag millions of midd...
DOJ Charges Nevada Man In $45M Scheme
Key Points: Nevada man charged for involvement in $45M CoinDeal scheme with leader Neil Chandran and conspirator Michael Glaspie. DOJ announced charges separately against Chandran in June 2022 and SEC...
The 13th anniversary of Bitcoin Pizza Day- The Cryptonomist
May 22, 2023 will be the 13th anniversary of “Bitcoin Pizza Day,” the event that saw the first documented BTC transaction for a real product. Here are this year’s events. Bitcoin Pizza Day: what is ...
A young billionaire buys Forbes, a startup offers free TVs and ChatGPT goes mobile
Hey, folks. You’ve made it to the end of the week — congrats, by the way — and to Week in Review (WiR), TechCrunch’s regular newsletter covering the week that was in tech. Here...
The ‘dysfunctional’ debt ceiling fight could deal a $12 trillion blow to the American economy if Washington doesn’t get its act together
Once upon a time, the debt ceiling was something that made it easier, not harder, for America to pay its bills. Over 100 years ago, before the first world war, whenever the U.S. Department of the Trea...
Why Bitcoin’s ‘Tick, Tick, Tick’ is a Warning Sign for Investors in 2023?
Key Points: Bitcoin set to claim the cryptocurrency throne by the end of 2023, according to Fedi’s CEO. Bitcoin is the most efficient and secure solution, with the fastest, cheapest, easiest, most dec...
BofA says AI is in a ‘baby bubble’ that echoes the dot-com era, and one move could easily blow up the investment frenzy ignited by ChatGPT
Paper Boat Creative/Getty Images AI is in a “baby bubble” for now, Bank of America said Friday. What could burst the bubble is the Fed pausing rate hikes and then restarting the cycle. Bof...
Breaking News: Vivek Ramaswamy Paves The Way For Bitcoin In US Politics!
Key Points: Vivek Ramaswamy, the second US Presidential candidate to officially accept Bitcoin donations for the 2024 elections. Eligible US citizens can donate up to $6,600. Donors will receive a non...
Stock Market Action Plan: Nvidia, D.R. Horton And A Wave Of Retail Earnings
The Dow industrials clocked their first gain in three weeks. The S&P 500 snapped short-term resistance and posted its strongest weekly close since August. Meanwhile, the Nasdaq shook off distribut...
Dan Ives says China is losing the A.I. race as Wedbush sees ‘discernibly more clients in Asia’ rotating toward Silicon Valley
Artificial intelligence is the latest battlefront for U.S. and Chinese companies as they fight to dominate the disruptive technology. The contest is likely still in its opening stages, but early signs...
Veteran Trader Says Bitcoin ‘Very, Very Clearly’ Choosing Path of Extended Bull Market – Here’s His Outlook
Seasoned trader Tone Vays believes that the recent Bitcoin (BTC) correction is setting up the crypto king for an extended bull cycle. In a new strategy session, Vays tells his 123,000 YouTube subscrib...
New York Mets Owner Steve Cohen Identifies ‘Big Wave’ Of Opportunities In This Segment. Here’s How He’s Positioning His Bets
Heightened interest rates have cast a shadow of doubt over stock market optimism, intensifying concerns of a looming economic downturn. Many experts have called for a recession. But billionaire hedge ...
Influencer served settlement demand via NFT, following $7M token presale
A nonfungible token (NFT) influencer got served with a settlement demand via NFT, which casually dropped the “F bomb” several times and alleged the influencer engaged in wire fraud “...
Hedge Fund Turkcorp To Launch Crypto Exchange Turkex In Turkey
Key Points: Turkcorp, a major hedge fund and management company, has announced the opening of a new cryptocurrency exchange in Ankara, Turkey. Turkex, the new exchange, will provide a dependable and s...
Millionero Unveils Perpetual Collateral, Expanding Profit Potential for Crypto Investors
Millionero emerges as a leading crypto investment firm. With Millionero’s perpetual collateral, investors can trade perpetual contracts using crypto as collateral. The platform offers educational reso...
Tornado Cash Suffers Governance Attack, TORN Price Tumbles 50%
Crypto mixer Tornado Cash suffers a governance attack on Sunday. Attackers took full control of Tornado Cash by granting themselves 1.2 million votes through a malicious proposal, which exceeds 700,00...
Uptrend remains preserved as price safely rejoins $1.16 – Cryptopolitan
The Arbitrum price analysis reveals that the uptrend has been intact as the bulls have been trying to maintain their lead despite a very low price oscillation. The bullish momentum lacks spark, but at...
Shun mega-cap tech stocks as a ‘big asset bubble’ is building in growth shares, Bank of America’s top strategist says
Tech stocks – Company names and logos are on display at the Nasdaq MarketSite at Times Square in New York City.Leonardo Munoz/VIEWpress Investors should avoid piling into mega-cap tech stocks, a...
Shiba Inu: Dip or rally, where will prices go next
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. SHIB remained stuck under a key resistance level....
Top 10 Crypto Assets by Staking Market Cap
Staking is an excellent technique to generate passive income from your Bitcoin investments. It’s also a means to aid the network and safeguard the blockchain. If you are interested in staking cryptocu...
CBDC: Implications for the Future of Money
CBDCs or Central Bank Digital Currencies are tokenized forms of fiat currencies issued by governments. According to the IMF, CBDCs have conceptually existed for 30 years since the Bank of Finland lau...
Tornado Cash Governance Has Been Taken By Attacker, TORN Price Drops Seriously
Key Points: An attacker succeeded in obtaining complete control of the governance of the decentralized crypto mixer Tornado Cash with a counterfeit proposal. The project development team urges the com...
US Presidential candidate Vivek Ramaswamy to accept Bitcoin for campaign donations
Vivek Ramaswamy becomes the second Presidential candidate in the United States to officially accept Bitcoin (BTC) donations for the upcoming 2024 elections. “Give $1,” said Ramaswamy while announcing...