The Dow Jones Industrial Average remains in rally mode into the second quarter of 2023, above its 50-day moving average and sharply off its mid-October lows. The best Dow Jones stocks to buy and watch...
News
Dental Insurance for Retirees Isn’t a Great Deal. Consider Self-Insuring.
Christina Povenmire is semi-retired from her financial planning practice and going on Medicare. She is buying a supplemental plan that will pay virtually all costs that Medicare doesn’t pay. But she w...
DOJ Seized $112 Million In Crypto-Related To Pig Butchering Scam
Key Points: The US Department of Justice (DOJ) has confiscated around $112 million in crypto from accounts tied to so-called pig butchering investment frauds. Six virtual currency accounts have been s...
Gold jumps above stocks as Americans’ preferred long-term investment while real estate plunges
Stocks to buy before earnings.Caspar Benson/Getty Images Gold has jumped above stocks as Americans’ preferred investment, according to a Gallup survey. The share who view gold as the best long-t...
First Solar Shares Soar on Purchase of Swedish Solar Tech Firm
Key Takeaways First Solar bought Sweden’s Evolar for up to $80 million. The company said the deal will accelerate developing the next generation of solar technology. The news sent First Solar sh...
PEPE: What you need to know before you write off this memecoin
PEPE posted double-digit gains in the last 24 hours. On-chain data revealed that sell-offs were still underway. A few days ago, memecoin Pepe [PEPE] was on track to cross the $2 billion market capital...
Oil Sands in Canada Face Fire Threat as Temperatures Rise
(Bloomberg) — Canada’s main oil-producing region in northeastern Alberta faces an increased risk of wildfires as temperatures rise over the weekend, provincial officials said. Most Read from Blo...
How Early Airbnb Investors Raked In A 499,900% Return On IPO Day From A Simple Idea To Pay The Rent
Airbnb Inc.‘s initial public offering (IPO) on Dec. 10, 2020, had the hotel industry bracing for impact as the online marketplace shattered records and claimed its position as one of the most valuable...
Ordinals And BRC-20 Are Unsustainable: Former Blockstream CSO
Key Points: Blockstream CSO Samson Mow said that the hype surrounding Ordinals and BRC-20 tokens is unsustainable and will disappear within a few months. Mow believes that they clog the network like s...
Toyota Beats Tesla In Earnings But Still Doesn’t Come Near To The EV Crown
On Wednesday, Toyota Motor Corporation (NYSE: TM) managed to beat Tesla Inc (NASDAQ: TSLA) in earnings, but not thanks to EVs. Toyota improved its results by increasing production, with its fourth qua...
LBank Exchange Listed PEPEAI (PEPEAI) on May 12, 2023
Road Town, BVI, May 14th, 2023, Chainwire LBank Exchange, a global digital asset trading platform, listed PEPEAI (PEPEAI) on May 12, 2023. For all users of LBank Exchange, the PEPEAI/USDT trading pair...
Executive fired from TikTok’s Chinese owner says Beijing had access to app data in termination suit
A former executive fired from TikTok’s parent company ByteDance made a raft of accusations against the tech giant Friday, including that it stole content from competitors like Instagram and Snapchat, ...
Cardano [ADA]: As bearish sentiment rises, will these developments boost network
Cardano’s development activity steadily increased over the last week. ADA plunged to its lowest value in six weeks as of this writing. Cardano [ADA], like the rest of the crypto market, saw a signific...
China’s Strong Data Likely to Mask Weakening Recovery
(Bloomberg) — Key economic data this week may suggest China’s recovery is doing a lot better than it is in reality. Most Read from Bloomberg Official figures on Tuesday are expected to show rapi...
Korean Politician Agrees to Sell his Crypto Assets Following Public Scrutiny (Report)
Kim Nam-kuk – a South Korean lawyer and politician – will reportedly sell his cryptocurrency holdings amid a conflict of interest that surrounds his stash. The Democratic party (DP), which he is part...
South African Currency Plunges to New Low Versus the Dollar a Day After the US Accused Country of Secretly Supplying Ammunition to Russia – Featured Bitcoin News
The South African currency’s exchange rate versus the U.S. dollar plunged to a new all-time low of ZAR19.51:US$1 on May 12. The rand’s latest fall came a day after the U.S. ambassador to South Africa ...
The family behind First Citizens Bank has seen its wealth double to $2.2 billion after buying SVB’s assets out of bankruptcy
A First Citizens Bank branch in Raleigh, North Carolina. First Citizens Bank has acquired assets from Silicon Valley Bank.Melissa Sue Gerrits/Getty Images The family behind First Citizens Bank has see...
Optimism [OP] NFTs may play a key role in the network’s revival, here’s how
Optimism’s NFTs drove large amounts of activity to Optimism. Interest in OP declined, while network dApps underperformed. The Optimism [OP] protocol hasn’t been having a great run lately. With Arbitru...
US Debt Obligations To Hit $200,000,000,000,000 if Entitlements Are Not Cut As Demographic Storm Looms: Stan Druckenmiller
Legendary investor Stanley Druckenmiller is warning that America’s fiscal situation could force the nation to give up on much of its social programs and entitlements. In a new keynote speech, Druckenm...
$910,000,000,000 Exits US Banking System in Just One Year As Depositors Take Flight
New numbers from the Federal Reserve are shining a light on just how much capital has exited US banks in the last year. According to stats compiled by the Federal Reserve Economic Data (FRED) system, ...
BTC miner Rhodium faces lawsuit over an alleged $26M in unpaid fees: Report
Crypto mining firm Riot Platforms – formerly Riot Blockchain – is seeking to recover “more than $26 million” in alleged unpaid fees from Texas-based Bitcoin (BTC) miner Rhodian enterprises, according ...
New York Knicks, Rangers, Islanders, Brooklyn Nets And New Jersey Devils Provide Differing Playoff Appearances
New York Knicks guard Jalen Brunson (11) calls out to teammates as he is guarded by Miami Heat … [+] forward Caleb Martin (16) during the first half of Game 6 of an NBA basketball second-round p...
Today’s Wordle #694 Hints, Clues And Answer For Sunday, May 14th
How to solve today’s Wordle. In Pictures via Getty Images It’s interesting to me just how many things that we do or take for granted were designed in the distant past. The calendar, for one. The...
Top Altcoins to Watch Next Week: SOL, BNB, MATIC Price May Break Resistance
As the crypto market continues to demonstrate its high volatility influenced by recent economic fluctuations, a trio of altcoins – Solana (SOL), Binance Coin (BNB), and Polygon (MATIC) – are poised to...
Solana buyers defend the $20 support but the trend remains bearish
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Despite signs of lower timeframe bullish sentimen...
El Salvador’s Bitcoin Bill Pounding; Accepted Legal Tender to Be
The U.S. Senators have launched an improvised bill to the Government. The context of the bill implies El Salvador’s Bitcoin Adoption. Calling it a revised format because initially, the Bitcoin Law was...
10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies – Economics Bitcoin News
The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions....
ARB Sustains Holders, Despite Arbitrum Disappoints in Performance
What is Arbitrum (ARB) To increase Ethereum’s scalability, a roll-up chain named Arbitrum (ARB) was developed. This is accomplished by combining many transactions into a single transaction, lightening...
Jump Trading Allegedly Profited $1.3 Billion From Price Manipulation TerraUSD
Key Points: Market maker Jump Trading and CEO Kanav Kariya are accused of manipulating the TerraUSD token price. Terra and Kwon have agreed to amend their previous agreements and transfer over 61.4 mi...
What Are Memecoins? Is It Worth Investing?
Welcome to the world of Memecoins, where dog-themed currencies and internet memes collide to create a financial phenomenon like no other. Have you ever heard of a currency based on a Shiba Inu dog mem...
Assessing the LTC20 influence on Litecoin’s stretching wallets
Retail Litecoin users found the LTC20 test worthy of admiration. The project’s creator opined that an LTC rally could be next after the halving. Litecoin [LTC], which recently introduced the LTC20 tok...
Milady spikes similar to Dogecoin After the Elon Musk’s Tweet
After gaining notice from Twitter owner Elon Musk, Milady’s non-fungible token (NFT) collection increased, bringing comparisons to Musk’s handling of dogecoin (DOGE). The Elon Musk Effect American ent...