DocuSign shares were trading lower after the electronic-signature software company posted better-than-expected results. DocuSign (ticker: DOCU) posted fiscal fourth-quarter adjusted earnings per share...
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Huobi token saw a 90% flash crash, recovery; community blames high sales, market downturn
Ad Huobi, the 17th largest crypto exchange, has seen its native token collapse by 90% in a flash crash during Thursday trading. (Source: Twitter @tier10k) At 3:45 pm, HT was trading at $4.70. By 4:10 ...
DocuSign stock falls despite results beating estimates, as CFO exit announced
DocuSign Inc. DOCU, -1.90% shares fell about 3% after hours, after falling less than 2% in the regular session to close at $64.41 on Thursday, despite beating Wall Street estimates for its results and...
Biden’s budget wants tax hikes, but expiring Trump tax cuts are the big showdown
For five years, most Americans have seen lower income-tax rates and tapped a bigger standard deduction, but without congressional action before the end of 2025, the rules could still revert to levels ...
Will Ethereum Classic repeat recent history and recover from $18 level soon
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The structure was bearish but a significant bounce...
Biden budget proposes closing crypto loophole to raise $24 billion in new revenue
Tucked within President Biden’s budget is a proposal to change the tax treatment of cryptocurrency transactions that would eliminate investors’ ability to take advantage of losses to lower...
GM offers voluntary buyouts to US salaried workers, expects $1.5B charge
General Motors (GM) is laying out its plan to extract $2 billion in cost savings, and reductions in its labor force will be a big part of it. “This voluntary program offers eligible employees an oppor...
SVB Financial Group Shares Crater on Stock Sale Announcement
Shares of SVB Financial Group (SIVB) are cratering after the holding company for Silicon Valley Bank announced it was seeking to raise $2.25 billion in stock sales in order to shore up its financial p...
The Ukrainian 4th Tank Brigade Was Running Out Of Tanks. Then It Got Leopard 2s.
Ukrainian tankers train on a Leopard 2A4. Via social media It appears the 4th Tank Brigade will be the first Ukrainian army unit to operate those Leopard 2 tanks Kyiv’s allies have pledged to the war ...
Bitcoin price falls to a multi-month low, but data points to a possible short-term bounce
March started off on a low due to a resurrection of inflationary fears. On March 7, hawkish comments from U.S. Federal Reserve chairman Jerome Powell amplified the market’s expectation of a 50-b...
Biden targets crypto, real estate and oil industries, as he unveils his budget
President Joe Biden on Thursday called for ending tax subsidies for cryptocurrency investors, the real estate industry and the oil and gas sector, as he formally rolled out his proposed budget for the...
Is SoFi’s Student Loan Pause Lawsuit Sinking its Stock Price?
SOFI Technologies Inc, (NASDAQ:SOFI) provides financial services and offers home loans, personal loans, in-school loans and a credit card. Late last week the company filed a suit in which it said “the...
U.S. Treasury Department Proposes 30% Excise Tax on Crypto Mining Firms
“The increase in energy consumption attributable to the growth of digital asset mining has negative environmental effects and can have environmental justice implications as well as increase energy pri...
Mexican Drug Cartel Reportedly Claims Responsibility—And Apologizes—For Abducting And Murdering Americans
Topline Members of a Mexican drug cartel purportedly penned a letter apologizing for kidnapping four Americans and killing two of them last week, and claimed that the individuals responsible for the v...
A Coinbase exec tried to tell a crowd of bankers that crypto is ‘the money of tomorrow’—and was immediately shot down by an ECB director onstage
The world according to Coinbase frames cryptocurrency in an unsurprisingly optimistic light: It’s the “money of tomorrow,” a form of payment that is more efficient, transparent, and fair. The problem ...
Shiba Inu (SHIB) Ecosystem Altcoin Adds New Crypto Exchange, Outperforms Bitcoin and Ethereum
A key altcoin in the Shiba Inu (SHIB) ecosystem is coming to a crypto exchange backed by Tron (TRX) founder Justin Sun. In a new release, crypto exchange Poloniex says it’s listing Shiba BoneSwap (BON...
When It’s Time to Stop Saving for Retirement
You’ve done all the right things—financially speaking, at least—in saving for retirement. You started saving early to take advantage of the power of compounding, maxed out your 401(k) and indivi...
NYAG Alleges Ethereum is a Security in Lawsuit Against KuCoin
New York Attorney General Letitia James has sued cryptocurrency exchange KuCoin for selling both commodities and securities on its platform without necessary registration. One of the “securities” it a...
Offers To Meet With Speaker ‘If He Has His Budget’
Topline President Joe Biden said Thursday he is ready to meet with House Speaker Kevin McCarthy (R-Calif.) to discuss the government’s fiscal year 2024 budget at “any time . . . if he has his budget”—...
I Overcontributed to My 401(k). What Do I Do Now?
SmartAsset: What to do when you overcontribute to your 401(k) Did you just find out that you overcontributed your 401(k) plan? If you act quickly, you can minimize the damage. But if you wait, the tax...
SHIB token price analysis: Token price shows signs of reversal
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New feature by H&R Block, CoinTracker automatically adds taxes to crypto trades
Ad CoinTracker, a provider of tax software for cryptocurrencies, is collaborating with H&R Block. The new partnership hopes to assist millions of customers in preparing their income tax returns in...
Founded by Apple vets, startup Humane has raised $241 million without a single customer
Even in 2023, companies can still raise hundreds of millions without any proof of product market fit. Since co-founding their startup five years ago, ex-Apple executives Bethany Bongiorno and Imran Ch...
Cathedra Bitcoin Announces Update on Debt Settlement
TORONTO–(BUSINESS WIRE)–$CBIT #Bitcoin–(Block Height: 780,050) – Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“Cathedra” or the “Company”), a Bitcoin company that develops and operates world-cla...
Canaan (CAN) Q4 revenue Down by 82%: Can Mining Rig Maker Recoup?
Canaan revealed an 82% revenue drop in the Q4 report. Its shares dropped by 3.83% on Wednesday. The Beijing-based crypto mining rig maker, and a leading high-performance computing solutions provider, ...
Biden budget proposes 30% tax on crypto mining electricity usage
A phased-in 30% tax on cryptocurrency mining electricity costs has been proposed by United States president Joe Biden in his administration’s 2024 fiscal year budget. A Department of the Treasur...
Bitcoin Bounces at $20,000 As Biden Administration Fights 50 Million American Citizens Who Own Cryptocurrency
Bitcoin just bounced off a historic line of support at $20,000 as the Biden Administration launches an all-out assault on cryptocurrency and the 50 million registered American voters who own digital a...
10 banks that may face trouble in the wake of the SVB Financial Group debacle
As interest rates have risen, many banks have become more profitable because the spreads between what they earn on loans and investments and what they pay for funding has widened. But there are always...