BlockGPT, a recently launched Web3 company, announced the launch of its ‘chat to earn’ artificial intelligence (AI) service and related blockchain ecosystem on May 11. According to the company, Block...
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Walt Disney Contributes To Broad Market Decline On Thursday
Bob Iger with Disney+ logo. Getty Images for Disney Investors bailed in droves from Walt Disney Corp. (DIS) after it reported earnings after the bell on Wednesday, which met or beat analyst expectatio...
BlockFi Returns $297M to Their Customers Over the Court Permission
11 mins ago | 2 mins read Market News BlockFi receives $297M for returning to their customers. Last November, around 48k customers were involved in transferring $375M. BlockFi, a digital asset ledger ...
Safaricom M-Pesa receives Ethiopian mobile money license, ending state monopoly
The National Bank of Ethiopia (NBE) has issued a mobile money-service license to Safaricom M-Pesa Mobile Financial Service, it announced May 11. Previously, only Telebirr, part of the state-owned Ethi...
Insiders Load Up on These 2 Dividend Stocks With Impressive Yields of 8% or More
Legendary investor Peter Lynch has a straightforward perspective on corporate insiders and their actions in the stock market. He put it simply: insiders may sell shares for a range of reasons, but the...
Ether Capital Corporation Reports 2023 Q1 Financial Results
TORONTO–(BUSINESS WIRE)–$ETHC–Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO: ETHC) announces the reporting of its unaudited interim consolidated financial results for the three-mon...
Stocks mixed as investors weigh inflation data, regional bank turmoil: Stock market news today
U.S. stocks closed mixed on Thursday afternoon as new inflation data came in cooler than expected but regional banking concerns continued to weigh on markets. The S&P 500 (^GSPC) closed down 0.17%...
Trust in Jerome Powell Erodes, Bitcoin Rises as America’s Hope
In an era of wavering faith in economic leadership, the American public’s trust in Jerome Powell, the Federal Reserve’s Chair, is declining. Is this merely a symptom of a volatile economy or a more pr...
FAANG stocks could soar 50% this year thanks to long-term demand for tech goods and no new competition, Fundstrat’s Tom Lee says
Fundstrat’s Tom Lee.Photo by Cindy Ord/Getty Images for Yahoo FAANG stocks have room to advance further, likely rising as much as 50% this year, according to Fundstrat’s Tom Lee. “Yo...
Justin Sun Will Now Publicly Trade Meme Coins Like PEPE, Best Time To Copy Trade Him?
Justin Sun, the vocal crypto supporter and co-founder of Tron and chief executive officer (CEO) of BitTorrent, says he will begin actively trading meme coins like PEPE. Justin Sun Eying Meme Coins In...
Crypto Assets Touched By Criminal Activity We Investigate
The Department of Justice raises an alarm by declaring a sharp ascent in criminal activities. Every criminal activity that they investigate is touched by cryptocurrency.This is told by National Crypto...
Elon Musk announces he will step down as Twitter CEO
Twitter CEO Elon Musk has announced that he will be transitioning to executive chair and chief technology officer of the social media platform in roughly six weeks. In a May 11 tweet, Musk said he hir...
Coinbase Apologizes PEPE Community for Controversial Newsletter
1 hour ago | 2 mins read Altcoin News Paul Grewal stated that we screwed up and are sorry for that. Pepe supporters are trending the hashtag of declinecoinbase on Twitter. Paul Grewal, the legal offic...
The Untold Secret of Bitcoin 4-Year Cycle: Fortune-Making Patterns
The buzz around the Bitcoin 4-year cycle has grown louder in recent years, becoming a widely-discussed topic among crypto enthusiasts and market analysts. The cycle, marked by significant events and t...
Dow Jones Futures Rise: Market Rally Weak Outside Google; Tesla Pops On Elon Musk’s Twitter News
Dow Jones futures tilted higher after hours, along with S&P 500 futures and Nasdaq futures. X The stock market rally technically closed mixed Thursday. The Nasdaq nudged higher, setting fresh 2023...
MakerDAO’s [MKR] progress stuck in the mud months after Lido’s [LDO] rise
As demand for DAI falls, Maker’s TVL has seen no significant growth since March. MKR has seen increased distribution than accumulation in the last month. Following its replacement by Lido Finance [LDO...
Tesla Stock Jumps. Why Investors Are Celebrating a New Twitter CEO.
Musk has been running both Twitter and Tesla since last year. Marlena Sloss/Bloomberg Text size Elon Musk said that he has found a CEO for Twitter but didn’t say who it was. Tesla investors are happy...
OFAC To Allegedly Place Milady Wallet Owners On Blacklist
The frenzy around meme-based cryptocurrencies continues, with a new player stealing the headlines from PEPE coin. Milady is the latest entrant in this space, and its self-organized meme coin, LADYS, i...
Carl Icahn’s Firm OKs Buybacks, Increases Shares Backing His Debt
(Bloomberg) — Carl Icahn’s holding company authorized a buyback equaling almost 27% of its shares trading on the open market, potentially boosting the stock price as the financier feuds with a s...
‘The SEC’s actions have crippled a nascent industry’ — Paradigm requests amicus brief for Coinbase
Paradigm, the crypto investment firm led by Coinbase co-founder Fred Ehrsam, has petitioned to file an amicus brief in support of Coinbase’s case against the United States Securities and Exchange Comm...
Brazil’s Petrobras to pay $5 billion in dividends, but hints at changes
SAO PAULO (Reuters) -Brazil’s state-run oil company Petrobras said on Thursday its board approved dividends later this year of about 24.7 billion reais ($4.94 billion), but also hinted at future...
Trump Says Republicans Should Let the U.S. Default. What Would Happen Next.
Text size U.S. lawmakers are up against a June 1 deadline for the debt ceiling. Win McNamee/Getty Images Negotiations around the U.S. debt ceiling continue to drag on ahead of a looming deadline, as p...
CCI Files an Amicus Brief on SEC Seeking Response to Coinbase’s Petition
2 hours ago | 2 mins read Market News An Amicus Brief is filed by CCI over the Securities and Exchange Commission. Sooner if clarity is not provided, the chances of moving to the EU or the UK are high...
Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates
1 Bitcoin Miner Marathon First quarter defeats the estimation. 2 SEC Extends Probe resulted in more alertness, increasing the quarterly earnings more than analysis. Bitcoin Miner Marathon Digital Hold...
MakerDAO plots AI governance “endgame”
MakerDAO announced on May 11 a governance model that will make use of artificial intelligence (AI) and feature crypto tokens with a new brand. Founder aims for “governance equilibrium” Acc...
George Santos Settles Brazilian Check Fraud Case—As U.S. Fraud Charges Loom
Topline Rep. George Santos (R-N.Y.) signed an agreement with Brazilian authorities Thursday that will clear him of prosecution for using forged checks in 2008, just one day after the embattled first-t...
US Chamber of Commerce Slams SEC, Backs Coinbase in Legal Fight
The U.S. Chamber of Commerce called out the Securities and Exchange Commission (SEC) on Thursday, slamming the financial watchdog for its regulatory approach toward the digital asset industry. It file...
Tesla Stock Rises After Elon Musk Says He’s Found A Twitter CEO
Tesla (TSLA) stock popped Thursday after CEO Elon Musk announced there will be a new person heading up Twitter in the coming months. X Musk wrote on Twitter Thursday afternoon that he has hired a new ...
Worse Days Are Ahead For Banks, JPMorgan CEO Says
The CEO of JPMorgan Chase warns of a risk of over-regulating the banks. Many people in crypto feel the same. On Thursday, the longstanding CEO of JPMorgan Chase said, “it’s going to get worse for bank...
Downtown San Francisco Spirals Towards Retail Doom Loop
Retailers are leaving the once mighty Union Square as San Francisco struggles with empty offices, … [+] crime and homelessness. (Photo by Justin Sullivan/Getty Images) Getty Images There will be...
Elon Musk Stepping Down as Twitter CEO, Will This Be The End of Dogecoin?
Elon Musk, the owner of Twitter and a big supporter of Dogecoin, the original meme coin, is stepping down as the CEO of the social media platform to focus on product development. He will act as the ch...
Elon Musk Dismisses Warren Buffett’s ‘Kindly Grandfather’ Image As Overrated
Tesla Inc. CEO Elon Musk has never been one to hold back his opinions, even when it comes to legendary investor and Berkshire Hathaway Inc. founder Warren Buffett. Don’t Miss: Why Jason Calacani...