After the stock market (as measured by the S&P 500) dropped by 3.55% yesterday, bringing the decline to nearly 13% in 2022 (and almost 17% for small-capitalization stocks), many investors are pani...
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Two US Senators Pen Letter to Fidelity CEO Detailing Concerns With Proposed Bitcoin 401(k) Retirement Plans
Two members of the US Senate are writing a letter to financial services giant Fidelity presenting issues with the firm’s new plans to offer Bitcoin (BTC) as an option for 401(k) retirement plans. In a...
DraftKings Q1 results: ‘we haven’t seen any impact from inflation’
DraftKings Inc (NASDAQ: DKNG) reported better-than-expected revenue for its fiscal first quarter on Friday. Shares still slid 8.0% as increased expense made it lose more money on a year-over-year basi...
Block’s Q1 Profits Top Wall Street Targets, Boosted by Cash App
Block’s first-quarter operating earnings exceeded Wall Street’s expectations, despite a fall in overall revenue caused by a weaker bitcoin. The firm, led by Twitter co-founder Jack Dorsey, posted oper...
US Accuses North Korea of Cyber Fraud, Sanctions Crypto Mixer, Blender
The United States has accused North Korea of using virtual currency mixer, Blender.io, to support its “malicious cyber activities and money-laundering of stolen virtual currency.” The US Department of...
Central African Republic, Bitcoin adoption risky for IMF
The decision taken a few weeks ago by the Central African Republic (CAR) has been described as risky according to the IMF. CAR had announced that it was adopting Bitcoin as legal tender, alongside th...
Dual-Listings Should Hedge Against Risk of U.S. De-Listing, Says Analyst
Fears of a U.S. delisting for stocks which don’t comply with U.S. auditing laws have been casting a shadow over Chinese stocks for a while now. However, the U.S. Securities and Exchange Commission (SE...
Polygon and Avalanche creators in online spat over Subnet vs Supernet
The blockchain space has become increasingly competitive. The so-called “Ethereum killers” have been advancing their networks with superior features to boost user experiences, such as lowering transac...
When Will Bitcoin, Ethereum, XRP, Solana, and Avalanche Price Recover? » NullTX
With the recent cryptocurrency market correction sending Bitcoin, Ethereum, XRP, Solana, Avalanche, and most major crypto assets into free fall, many traders wonder when the cryptocurrency price will ...
Google Forms Web3-Focused Team to Provide Services For Developers
Google has disclosed that its Cloud unit is putting together a team that will build services for blockchain developers creating Web3 applications, according to a recent report by CNBC. Per the interna...
Don’t Miss Out! Monero (XMR), Terra (LUNA), And Pac-Man Frog (PAC) Set To See Massive Gains
Investing is no longer as simple as it once was. There are concerns in today’s market that we haven’t seen in decades. Inflation, negative rates, sluggish growth, and a new set of geopolitical concern...
European Union plans to add NFTs to its crypto regulatory laws
With the growth of the crypto market in recent months, not surprisingly, European Union is considering using the virtual industry. The EU might be announcing the flexibility of its laws in MiCA, a reg...
Crypto being used as scapegoat again – this time as potential financial crisis catalyst
Cryptocurrencies are constantly blamed by mainstream media for this and that issue. Being compared to the subprime mortgage bust of the 2000s is just the latest scaremongering. The entire crypto asset...
US SEC approved One more Bitcoin Futures ETF, but where are the Spot products?
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Top Crypto Trader Says Bouncing Bitcoin (BTC) To Test Lower Lows, Examines Ethereum (ETH) and VeChain (VET)
Widely-followed crypto analyst Justin Bennett says Bitcoin (BTC), Ethereum (ETH), and VeChain (VET) should all expect lower lows before their next legs up. In the latest edition of the trader’s Crypoc...
Peloton shares hit all-time low as pressure mounts ahead of earnings
In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen. Rafael Henrique | LightRocket | Getty Images Peloton Interactive shares tumbled to an all-time low Friday...
Sony, Theta Labs Create ‘Whoa, Baby!’ 3D NFTs So Real You Can (Almost) Touch Them
Non-fungible tokens are going 3D, and Sony Electronics – the Japanese tech juggernaut – wants to be the company that takes them into a whole new experience. Sony is collaborating with Theta Labs, the ...
Despite A 14% Drop In Sales, Wayfair Is Prepared For The Inevitable Cooling In The Home Market
Describing the current market as entering a “softer period,” CEO Nraj Shah said, “We are seeing … [+] early signs of normalization in consumer behavior.” (Photo by Suzanne Kreiter/The Bost...
China’s Crypto Stance Takes A Hit As Shanghai’s Top Court Upholds Bitcoin As Property ⋆ ZyCrypto
Advertisement     A top court in Shangai, China’s biggest city and a global financial hub has upheld Bitcoin as property under Chinese laws, pitting the government aga...
What The Fed Rate Hike Means For The Markets And Investors
Federal Reserve Chairman Jerome Powell Getty Images The Federal Reserve announced this week that it’s raising rates by 50 basis points. The Fed raised its main interest rate by half a percentage point...
How Eric Taing Went from Real Estate Investments to Crypto Mining
Eng Taing is a real estate investor who loves making money. So much so that he’s now getting into crypto. Aside from putting his money into the housing market, he’s now established a new crypto mining...
Paul Meeks: ‘I wouldn’t go all in tech, but I’d go some in tech now’
It wouldn’t hurt for investors to selectively switch back to the tech stocks now, says ISWM’s Pail Meeks. The tech-heavy Nasdaq Composite is down 22% for the year at present. Tech names he...
“Crypto Is Safer Than Fiat”- Binance CEO Amid Rising Bearish Signals
Changpeng “CZ” Zhao, founder and CEO of world’s largest cryptocurrency exchange Binance, opines that cryptocurrencies are generally safer than fiat as analytics data reveals an extremely low percentag...
These Oil and Gas Companies Could Benefit From the Push Toward Sustainable Energy
The European Union’s push to wean itself off Russian gas and oil will hasten the transition to alternative energy. Energy companies such as BP and Shell stand to benefit. Here, Germany’s PCK oil refin...
WAVES Drops 17% as NEAR, SOL, and AVAX Also Take Double-Digit Hits on Friday – Market Updates Bitcoin News
WAVES dropped by as much as 17% in today’s session, as crypto markets as a whole traded mostly in the red. SOL and NEAR were two notable tokens to fall in today’s session, with AVAX also falling by do...
OpenSea confirms phishing attack on its Discord server
A Discord server operated by OpenSea was hacked to promote fraud, according to tweets from individuals and security firm PeckShield. We are currently looking into a potential Discord flaw, so please d...
Over 110,000 Traders Rekt As Crypto Market Sees $120B Shaved Off
The crypto market recently saw a downturn that caused $120 billion to be taken off the total market cap in the space of a day. This obviously had caused panic across the market, triggering sell-offs f...
Will Bitcoin mining rigs Heat Vancouver Next Year?
The city of Vancouver would soon be diving into the future. New York will be tracing the steps of the Chinese route and cutting its connection to its other industry, Vancouver believes in making use o...
Africa’s top golfers to shoot for Bitcoin prize on Sunshine Tour
Top golfers from Africa and Europe will be eyeing lucrative Bitcoin (BTC) payouts at the end of the 2022 season after a new sponsorship of South Africa’s Sunshine Tour. The year-long season sees golfe...
SpaceX NASA Crew-3 mission, 6th astronaut flight, splashes down
SpaceX’s Crew Dragon capsule Endurance splashes down in the Gulf of Mexico off the coast of Tampa, Florida on May 6, 2022. NASA TV SpaceX returned the astronauts of NASA’s Crew-3 mission t...