Abu Dhabi’s technology ecosystem, Hub71, has announced a new initiative called “Hub71+ Digital Assets,” with a capital backing of over US$2 billion. This project aims to advance Web3...
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Paramount plans streaming price increases
Paramount Global said it saw its streaming business grow during the fourth quarter, and announced plans to increase prices for Paramount+ this year. Despite adding more streaming customers, Paramount ...
Celsius’s CEL Token May See 20 -Cent Value in Recovery Process, Attorney Says
“I don’t think we’ve reached a 100% final conclusion there, but given the fact that the examiner report reveals in great detail how the price of CEL token was manipulated, we’ve really struggled with ...
Polygon Co-founder Confirms Date for Ethereum Scaling Solution Mainnet Launch
Polygon co-founder Mihailo Bjelic on Twitter has confirmed the launch date of the Polygon zkEVM Mainnet Beta to be March 27. “It’s official: The Polygon zkEVM mainnet will be launched on M...
Consumer debt hits record $16.9 trillion as delinquencies rise as well
A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Athit Perawongmetha | Reuters Consumer debt hit a fresh record at the end of 2022 while delinquency ...
Bitcoin Price Could Reach $30,000 by March, Predicts Mike Novogratz
Mike Novogratz predicts BTC would reach $30,000 by the end of March. Earlier he had predicted that by 2027, the BTC price would be 500,000. The current predicted price is far behind $500,000, and 25% ...
Stocks making the biggest moves premarket: SHAK, SPCE, PARA
Sopa Images | Lightrocket | Getty Images Check out the companies making the biggest moves premarket: Shake Shack — Shares of the quick-service restaurant chain rose slightly after reporting a narrower...
Abu Dhabi prepares $2b fund for Web3 startups
The United Arab Emirates (UAE) has been known for its neutral stance on cryptocurrencies — neither prohibiting nor licensing the asset class. Recently, the capital of the UAE, Abu Dhabi, announced mas...
The Electric Vehicle Transition In Historical Comparison
1910 Stanley Steamer, 2000. (Photo by National Motor Museum/Heritage Images/Getty Images) Getty Images Advocates for battery electric vehicles (BEVs) are enthused about the potential for them to displ...
Rival Stablecoin Warned NY Financial Watchdog About BUSD
Binance USD might just be in hot water because of rival stablecoin issuer Circle. Circle, the creator of USD Coin, warned the New York State Department of Financial Services (NYDFS) in the autumn of 2...
Declining Birthrate Policies Arrive As Hong Kong Internet Stocks Rise
China Last Night KraneShares Key News Asia equities were higher overnight as Hong Kong and South Korea outperformed, while Mainland China underperformed. Hong Kong internet stocks shook off yesterday’...
Cardano Founder Slams Critics of His Contingent Staking Model Proposal
Hoskinson says critics of his contingent staking model are polarized to the extent that they can’t understand a basic concept. In a tweet today, Cardano founder Charles Hoskinson reacted to critics of...
Mysten Labs CEO Evan Cheng is seeking to raise over $100 million for a web3 fund
Mysten Labs CEO and co-founder Evan Cheng is raising money for a venture capital fund focused on web3 investments, according to four people familiar with the matter. Cheng is in the early stages...
Hong Kong legalizes crypto trading sparking outcry from Brian Armstrong
Hong Kong citizens will be allowed to buy, sell, and trade crypto assets from June 1, according to the Twitter account @NoodleofBinance. Current rules limit cryptocurrency trading to professional inve...
Cardano, Dogecoin Lead Recovery as Crypto Market Recoups $44B
The cryptocurrency market is enjoying some relief today after a rough start to the month. The altcoin-led rally over the past 24 hours has added roughly $44 billion to the market, bringing its total c...
Hong Kong Aims to Become a Fully Regulated Crypto Hub
Bitcoin and crypto markets are surging today, bolstered by positive news that Hong Kong will be opening the doors to welcome digital assets and investors. Hong Kong has ambitious plans to become an As...
MSTR surged 22.61%,George Soros increased his stake by Soros Fund
MicroStrategy stock price shot up 10.05% on an intraday session and formed a bullish continuation pattern NASDAQ: MSTR stock price sustained above 200 day EMA and prepares for the golden crossover Mic...
Analysis of Orbeon Protocol, Aptos, Quant
SPONSORED POST* With Orbeon Protocol (ORBN) selling 300+ million tokens during the presale, Aptos (APT) recently pumping more than 200%, and Quant (QNT) dominating the blockchain interoperability spac...
Tesla, Toyota lead Consumer Reports top auto picks
A Toyota RAV4 Prime electric car is recharged October 3, 2022 at a charging station at the town hall in Charlotte, Vermont. Robert Nickelsberg | Getty Images After years of being touted as a smarter o...
GMX Price Rally Unstoppable With All Addresses Now In Profit – Is It Too Late To Buy GMX?
Join Our Telegram channel to stay up to date on breaking news coverage GMX price has hit a new all-time high of $77.38 after a 10% price change in 24 hours. The decentralized exchange (DEX) native tok...
Ethereum Makes a Comeback—But Is Now a Good Time to Buy?
The recent rise in Bitcoin’s price has lifted the entire crypto space, which had been stuck in narrow ranges. The Ethereum price also rose above $1500 before being stymied by bears just below $1700. T...
Rise of zombie VCs haunts tech investors as startup valuations plunge
An art exhibition based on the hit TV series “The Walking Dead” in London, England. Ollie Millington | Getty Images For some venture capitalists, we’re approaching a night of the liv...
Many Lawmakers and Witnesses Call for hearing exploring the crash of the crypto market
During a hearing that was called to investigate the collapse that occurred in the cryptocurrency market, the United States Securities and Exchange Commission (SEC) and Gary Gensler, the director of th...
High Pointe Golf Club’s $24 Million Revival Speeding Along In Northern Michigan
The land where the new clubhouse will be located High Pointe Golf Club When a golf course shutters, the land is typically repurposed for residential development or refashioned into a public park or ev...
SEC Proposes More Stringent Rules for Crypto Custody Providers
The SEC on Wednesday voted in favor of proposed amendments to federal regulations “to expand and enhance the role of qualified custodians.” The proposed changes would extend the scope of rules to incl...
Mango Markets Exploiter Avraham Eisenberg Wants to Keep $47M as Bounty
Avraham Eisenberg, the 27-year-old Puerto Rico man who made over $100 million by exploiting the decentralized finance (DeFi) protocol Mango Markets in October 2022, is seeking to keep part of the fund...
AI Dooms Humanity But Not In The Way You Think
OpenAI’s ChatGPT (Photo by Jonathan Raa/NurPhoto) NurPhoto via Getty Images This time the doom is real. Doom is popular. If you want to get people to read your material there is no better way th...
Ethereum [ETH] whales stack up, but is this enough for a level retest?
ETH whales lead the charge in recent rally. Short squeeze turbocharges ETH’s momentum after exiting bear trap. Ethereum [ETH] concluded a bearish second week of February, but the tide was changing at ...
Bitcoin holds firm above $24,000, with crypto prices buoyant as stocks dips
Markets • February 16, 2023, 10:22AM EST Crypto prices continue to climb higher, with bitcoin firmly above $24,000. Equities linked to cryptocurrency and blockchain technology traded down. Bitc...