The rumors are true: Elon Musk has chosen NBCU leader Linda Yaccarino as the next CEO of Twitter. Musk confirmed Yaccarino’s new role in a tweet this morning, a day after he announced that he ha...
News
Rhodium Was Accused Of Owing $26 Million In Hosting Fees
Key Points: Whinstone US, a subsidiary of cryptocurrency miner Riot, claims Rhodium owes it $26 million in hosting costs. Riot originally made the charges public in its first-quarter earnings release....
ZkSync Outperforms Polygon in Terms of Total Value Locked
ZkSync has been outperforming Polygon in terms of TVL over the past few weeks. Since the launch of zkSync’s Era and Polygon’s zkEVM, the zkSync ecosystem has been growing rapidly. The crypto data libr...
PEPE Shoots Up 20% Daily, Bitcoin Flat at $27K (Weekend Watch)
Bitcoin tried its hand at taking down $27,000 yesterday but failed amid low weekend trading volumes and has remained relatively still. The altcoins are also lacking any substantial price moves, with E...
Why Self Custody and Mining Protection Are Paramount – Cryptopolitan
Bitcoin mining, one of the crucial activities in the cryptocurrency space, has recently come under scrutiny from various quarters. Some countries have expressed concerns about the amount of electricit...
The Growing Importance of Meme Coins – Cryptopolitan
Unocoin, one of the leading cryptocurrency exchanges in India, has recently listed two of the most talked-about meme coins in the crypto community – FLOKI and PEPE. The move underscores the growing im...
Dogecoin Traders Watch For A Breakout
Dogecoin (DOGE) has been one of the most talked-about cryptocurrencies of 2021, thanks to the involvement of high-profile figures like Elon Musk and Mark Cuban. Its value skyrocketed earlier this year...
Riot Platforms Takes Legal Action Against Rhodium Enterprises Over Alleged $26M – Cryptopolitan
Crypto mining firm Riot Platforms, formerly known as Riot Blockchain, has filed a petition in the District Court of Milam County in Texas against Bitcoin miner Rhodium Enterprises. Riot is seeking to ...
A recession and a credit crunch could result in $1 trillion of corporate debt defaults, Bank of America says
Don Emmert /AFP/GettyImages A full-blown recession and credit crunch could spur an 8% corporate default rate, BofA estimated. That would put nearly $1 trillion of existing corporate debt in distress, ...
Top Analyst Issues Bitcoin Alert, Says BTC Could Witness 2015-Style Correction – Here’s His Downside Target
An analyst who continues to build his following with long-term Bitcoin (BTC) calls warns that the crypto king could go through a major correction similar to what happened about eight years ago. Psuedo...
Bitcoin (BTC) Drops, Ripple (XRP) Continues Debate With The SEC, Sparklo Announces It’s Stage 2 Presale
With the news of Bitcoin (BTC) drop and Ripple (XRP) vs Sec case storming the cryptocurrency market, troubling investors on the safety of their investments, Sparklo brings a bit of calmness to the cha...
Uwerx (WERX) Holders Are Enjoying More Gains, And Analysts Believe Conflux(CFX) And Voyager(VGX) To Follow Same Footsteps
Crypto projects are steadily increasing in the market, and with many cryptos circulating, it should be easy to pick one, but that is never the case. This is because the market witnessed major downward...
Week’s Best: First Republic Collapse Could Hurt BNY Mellon’s Pershing
As JPMorgan Chase begins to digest its recent acquisition of the failed regional bank First Republic, some analysts are warning that one of First Republic’s partners, Bank of New York Mellon’s Pershin...
BRISE Gains 21% In 24 Hours
BRISE, the native token of the Bitgert blockchain, has recorded some significant positive price movement in the last 24 hours. Although the BRC-20 token is still trading in the red zone, it appears to...
Hindenburg Research steps up its offensive against billionaire Carl Icahn’s investment firm by shorting its bonds
Carl Icahn is the founder and majority shareholder of Icahn Enterprises.CNBC/Getty Images Contributor Hindenburg Research has stepped up its market offensive against Carl Icahn’s firm, days afte...
‘Significant risk’ of US Treasury running ‘out of funds’ soon: Report
The United States government faces a “significant risk” of no longer being able to meet all of its financial obligations as early as June, as per a recent report. According to a May 12 report publishe...
Apecoin And Dogetti Pioneering Innovation
SPONSORED POST* Apecoin (APE) has stood out in the crypto market with its unique approach to NFTs. Meanwhile, Dogetti (DETI) prides itself on its strong community bonds along with an incredible select...
Tether Holds $3.4 Billion In Gold Reserves, Nears ATH Market Cap 1 Year Post Terra Collapse
Tether (USDT), the world’s largest stablecoin by market capitalization, was one of the dollar-pegged cryptocurrencies to have been affected by the collapse of the Terra ecosystem. Now – a year later, ...
PEPE Coin vs. Shiba Inu: Who Will Come Out on Top with a 1000x Increase in Price by June 2023?
The cryptocurrency market is constantly evolving and new coins are introduced frequently. One of the latest coins to garner attention is the PEPE Coin. With a market capitalization of $740,185,350, PE...
China’s EV industry braced for shakeout as prices plunge
Amy Liu is unsure whether she should trade in her five-year-old electric sport utility vehicle for a newer model with a longer range or wait a bit longer. “If I place an order now, I’m afraid the pric...
Strong growth in NFT statistics
In Q1 2023, the general statistics of the NFT market increased strongly compared to Q4 2022, consolidating the strength of an industry that until a few months ago had been given up for dead. Let’s tak...
Commercial real estate lending is tanking, with one metric at a 13-year low
The turmoil that drove Silicon Valley Bank, Signature Bank, and First Republic Bank out of business continues to rock the wider commercial real estate market. “Almost two months after the failure of S...
These Ethereum NFTs escaped plunging, and it’s not BAYC or MAYC
The Autoglyphs and Azuki collections showed strength despite the broader market tumble. The number of addresses buying NFTs fell to June 2021 levels. It has been a horrendous last 30 days for blue-chi...
Pepe: the crypto disrupting memecoin
The new memecoin Pepe The Frog was launched on the 14th of April and has already reached a market cap of $691 million. Needless to say, the new coin has not only played a leading role in the markets o...
Cryppo and Noku: challenge at the Metaforum
The second edition of Metaforum will be held on 7 June in Milan, at Palazzo delle Stelline. Among the partners and sponsors will be Noku and Cryppo, two projects related to NFT and the gaming world. F...
Cash-strapped Novavax urges governments to honour Covid jab deals
The new chief executive of Novavax has urged governments to honour Covid-19 vaccine purchase commitments as the once high-flying US biotech battles to stay afloat amid a collapse in demand for jabs. J...
Stock Market Action Plan, May 15-19: Walmart, Target, Home Depot, On Holding Earnings
The Dow and S&P 500 both gave up ground, but tech stocks pressed higher, hoisting the Nasdaq to a third straight weekly advance and its best weekly finish since August. Retail rears its head in th...
Crypto Horoscope from the 15 to 21 May
New week and new crypto horoscope dedicated to the week from 15th to 21st May. This week will be marked by the following transits: Mercury returns direct from Monday; Jupiter enters Taurus from Thursd...
Google’s Sundar Pichai thinks A.I. will spur ‘big societal labor market disruptions’ but also make professions better
Artificial intelligence tools have captured the public imagination, and with companies like Microsoft and Google racing to upgrade their tech, it could impact virtually every industry. More from Fortu...
BRC-20 Tokens Lose 40% Market Cap In 7 Days
The crypto market has been looking to consolidate following a major price correction earlier in the week. One market that has felt the brunt of this correction is BRC-20 token which has suffered a maj...
Americans’ Preference for Real Estate, Crypto Plunges — Fondness for Gold Skyrockets – Bitcoin News
A recent Gallup Poll reveals a significant decline in the percentage of Americans favoring real estate as their preferred long-term investment, despite its continued popularity. Conversely, the Gallup...
Apple and Other Tech Stocks Have Had a Good Year. Small Caps Are Another Story.
Text size The S&P 600 index is down about 3% this year. Spencer Platt/Getty Images At a glance it looks like the stock market is having a strong year with the S&P 500 up about 8%, but those ga...