In a recent interview on CNBC’s Squawk Box, Blockchain Association CEO Kristin Smith said the recent regulatory crackdowns in the industry felt “like a crypto carpet bombing.” The Blockchain Associati...
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Stocks moving in after-hours: DraftKings, Applied Materials, Redfin
DraftKings (DKNG) DraftKings posted revenue of $855.1 million for the fourth quarter, topping the average analyst estimate of $798.6 million. The online sports betting company also raised its 2023 rev...
Norway Police Seize Crypto Stolen by Axie Infinity Hackers
Norwegian Police have recovered $5.9 million in crypto from Axie Infinity hackers who stole $620 million in last year’s Ronin Bridge exploit. According to the latest Økokrim press release, Norwegian p...
Marty Walsh Steps Down As Biden’s Labor Secretary To Join NHL Players Association
Topline The National Hockey League Players’ Association named Labor Secretary Marty Walsh as its new executive director Thursday afternoon, ending the former Boston mayor’s two-year stint in the Biden...
Important crypto news for Avalanche (AVAX)
Important crypto news for Avalanche (AVAX): the blockchain has reportedly experienced 1,500% transaction growth in 2022. Such activity came even as the TVL of DeFi on Avalanche slipped from a peak of ...
DraftKings Reports Earnings Thursday. Analysts Are Worried About 2023.
DraftKings reported stronger than expected revenue and raised its outlook for 2023. Its business is getting a boost as more states legalize sports gambling. The gambling firm reported fourth quarter r...
U.S SEC Sues Do Kwon And Terraform Labs For Fraud
– Advertisement – The SEC has sued Do Kwon and his defunct crypto firm Terraform Labs. The fugitive founder is being charged with orchestrating a multi-billion dollar crypto asset securit...
CRV token price analysis: Price halts after breakout from $1.0
CRV token price is bullish and the same is depicted on the daily time frame chart. The CRV token price is forming a rounding bottom pattern in a daily time frame. The pair of CRV/BTC is trading at the...
Can the Upcoming Upgrade Save This Coin?
Join Our Telegram channel to stay up to date on breaking news coverage Following two days of losses, the cryptocurrency market appears to be poised for a new upward break on Wednesday. Coin prices are...
Hoskinson Defends Contingent Staking Model, Lashes Out At Critics
Charles Hoskinson, the founder of Cardano (ADA), has offered a concept that might comply with legal requirements as the cryptocurrency industry adjusts to the increased regulatory scrutiny around stak...
Applied Materials Beats Earnings. Stock Rises.
Applied Materials reported better-than-expected earnings for its fiscal first quarter, sending the stock higher in after-hours trading. The chip equipment maker reported adjusted earnings of $2.03 a s...
Celsius Creditors to Sue Executives for Fraud
It has been proposed by the official committee of Celsius creditors that a lawsuit be filed against the company’s co-founder Alex Mashinsky and other executives for “fraud, recklessness, g...
Did anti-crypto attack on stablecoins cause bitcoin rampage?
US government watchdog, the SEC, has served an enforcement against Paxos, deeming its issuance of the BUSD stablecoin a non-registered security. Did this help cause bitcoin’s huge spike in price? The ...
Joe Kernen Calls Out Charlie Munger for Being Ignorant on Bitcoin
CNBC Anchor Joe Kernen pushed back against Berkshire Hathaway Vice Chairman Charlie Munger’s latest tirade against cryptocurrency on Thursday. Specifically, the anchor called the billionaire’s assess...
When memes converge: Analyzing SHIB, DOGE, and BABYDOGE’s hikes
Meme coins, including DOGE, SHIB, and BABYDOGE, recorded notable increases in value. While DOGE whale transactions increased, SHIB investor sentiment acted as its guide. As the broader crypto market ...
A Free $30 Costco Gift Card; Troubling Signs For The Economy
Troubling Signs Emerge as Credit Card Debt Hits Record High As credit card debt hit an all-time high, just shy of $1 trillion, in the final three months of 2022, delinquencies among borrowers accelera...
Hong Kong Announces World’s First Crypto Green Bond
While the crypto industry is currently undergoing regulatory scrutiny from U.S. authorities, some regions, such as Hong Kong, have shown continued interest in the underlying potential of blockchain te...
Merit Peak, firm at heart of Reuters report, operated on Binance.US, exchange admits
Binance.US, the U.S. affiliate of the world’s largest crypto exchange, acknowledged that a market making firm called Merit Peak, which is alleged to have secretly received $400 million from the exchan...
US Senator Calls for Comprehensive Crypto Regulation to Protect Consumers – Regulation Bitcoin News
The chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Sherrod Brown, has called for a comprehensive regulatory framework for cryptocurrencies. “Recent crypto meltdowns have...
What In The World Happened?
Stocks can fly up or down very quickly for many reasons, including rumors, analyst upgrades or downgrades, dividend increases or solid earnings reports that beat the Street. But when a stock that has ...
Markets fall on hot economy, chance of 0.5% rate hikes
James Bullard, president of Federal Reserve Bank of St. Louis, at the Jackson Hole economic symposium, in Moran, Wyoming, U.S., on Thursday, Aug. 22, 2019. David Paul Morris | Bloomberg | Getty Images...
Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals
The United States Securities and Exchange Commission (SEC) plans to sue Paxos for issuing and listing its Binance USD (BUSD) stablecoin, benefitting its top-rival, Tether (USDT), whose market capitali...
‘South Park’ Tears Into Harry & Meghan, Reigniting Old Discourse
‘South Park’ episode ‘The Worldwide Privacy Tour,’ featuring unnamed caricatures of Prince Harry and … [+] Meghan Markle Comedy Central South Park has resurrected the discourse spark...
Bitcoin BTC Price Rockets Past $24.7K to Hit 6-Month High
Ether enjoyed an almost equally upbeat day, blasting past $1,700 before settling slightly below this threshold. The second largest crypto in market value was recently up more than 9%. Other major turn...
Stock pops after Q4 revenue beat, narrower-than-expected loss
DraftKings (DKNG) stock popped late Thursday after the sportsbook operator posted a revenue beat and narrower-than-expected loss for its fourth quarter. The company reported an adjusted EBITDA loss of...
Frax Finance (FXS) Launches veFPIS Staking: What Does This Mean?
Vladislav Sopov Frax Finance (FXS), multi-product DeFi ecosystem, introduces novel staking option for its users Contents More utility for FPIS governance token: veFPIS staking goes live FPIS price roc...
Sen. John Fetterman in hospital for depression
Sen. John Fetterman, D-Pa., checked himself into a hospital to “receive treatment for clinical depression,” his chief of staff said Thursday. Fetterman, the 53-year-old freshman senator wh...
Positive Sentiment Dominates SOL Market; Bulls in Drivers Seat
SOL’s price fluctuates from $21.70 to $24.03 in 24 hours under bullish control. Stochastic RSI warns traders the market is overbought. If the bullish force continues, the SOL market’s $24.03 barrier m...
Sen. Fetterman Hospitalized For ‘Severe’ Depression
Topline Sen. John Fetterman (D-Pa.) admitted himself to Walter Reed National Military Medical Center on Wednesday night after experiencing “severe” depression, according to an aide, less than a week a...
Dow falls 400 points as stocks suffer worst drop in a month after PPI data, Fed comments
U.S. stocks suffered their worst drop in a month on Thursday after hotter-than-expected data on wholesale prices and talk of more aggressive interest-rate hikes rattled markets. The S&P 500 SPX, -...