Coinbase has experienced massive ETH outflows today. Ethereum is up 6.30% in the last 24 hours. On Wednesday, the ETH price was able to post modest gains despite the lack of market movement. However,...
News
Fed raises rates by 50 bps: ‘50 bps won’t stop inflation for long time’
The U.S. central bank lifted its benchmark interest rate by 50 bps on Wednesday to tackle inflation that stands at about a forty-year high of 8.50%. 75 bps increase is not on the cards Stocks still we...
MicroStrategy could defend $21k BTC to stop a margin call
The MicroStrategy Q1 earnings call has revealed that they have a vested interest in keeping Bitcoin above $21,000 should there be a market capitulation. MicroStrategy currently owns 129,200 bitcoins, ...
Crypto ‘Detective’ (Zachxbt) Recovers $50K Stolen From Solana Investor
A Twitter user with the handle, @zachxbt recently helped a cryptocurrency investor recover $50,000 out of $240,000 worth of stolen funds. Zachxbt a self-named crypto ‘detective’ has become popular for...
Luxury fitness club Equinox to start accepting crypto payments in NYC
High-end health and fitness club Equinox will accept payments with cryptocurrency in New York City starting today. The club is partnering with crypto payment services privder BitPay so that customers ...
California Governor Signs Executive Order on Blockchain
Key Takeaways California Governor Gavin Newsom has signed an executive order focused on regulating blockchain technology. The executive order aims to promote responsible crypto development in Californ...
Uzbekistan Legalizes Crypto Mining – but Only if Powered by Solar Energy
Uzbekistan has legalized cryptocurrency mining and made it tax-free – but only if it is powered by the sun. A presidential order was issued this week to permit both foreign and local cryptocurrency mi...
Venture Capitalist John Doerr Gives $1.1 Billion To Stanford To Fund Climate Research
Topline Billionaire Silicon Valley investor John Doerr is donating $1.1 billion to Stanford University, a record gift for the university that will be used to establish a sustainability school and furt...
Vitalik Buterin urges layer two networks to maintain transaction fees below $0.05
The co-founder of the Ethereum blockchain, Vitalik Buterin, has said that the transaction fee on layer two networks needed to be below $0.05 to be “truly acceptable.” Buterin was responding to a tweet...
Cummins announces first quarter financials and doesn’t meet analyst estimates
Cummins (NYSE: CMI) records first quarter EPS of $2.92, which was lower than the $3.56 analyst estimate. Revenue for the first quarter came to around $6.4 billion which was more than the $6.03 billion...
European watchdog publishes report urging Europe to crack down on crypto-based money laundering
European Watchdog MONEYVAL has published a report that warns of the dangers of decentralised finance and privacy coins, urging European states to crack down on cryptocurrency-based money laundering. ...
Lyft stock is getting smoked — here’s why
Lyft (LYFT) stock is getting smoked in early trading Wednesday following an earnings report that beat estimates, but revealed that the company is pumping cash into adding more drivers to its platform....
Hawaii to Launch a Task Force Focused on Crypto Regulations
Two of the main committees of the state of Hawaii – Commerce and Consumer Protection (CPN) and Ways and Means (WAM) – greenlighted the launch of a unit called Blockchain and Cryptocurrency Task Force....
Virginia’s Fairfax County Contemplates Investing Pensions in Yield Farming Crypto Funds
Fairfax County, Virginia, is in talks regarding investments in crypto funds that use yield farming. The county has earlier invested in the blockchain via the Morgan Creek Blockchain Opportunities Fun...
Since BTC is likely to influence price of EOS, investors can take profit at…
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin slipped beneath $38k, but sellers were unable to push pri...
Etsy, Booking Holdings, eBay and more
The Etsy website Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Etsy — Shares of the e-commerce company plunged by more than 12% after Etsy’s ...
Proof-Of-Profit: Ethereum Mining Brings Better ROI Than Bitcoin
Data suggests Ethereum mining has consistently been providing a better ROI than Bitcoin since the beginning of 2021. Mining Ethereum Has Been More Profitable Than Mining Bitcoin According to the lates...
The CW Orders Holiday Movie ‘The Waltons’ Thanksgiving’
Specials — “The Waltons’ Homecoming” — Pictured (L – R): Bellamy Young as Olivia Walton, Christian … [+] Finlayson as Jason Walton, Logan Shroyer as John Boy Walton, Ben Lawson as Jo...
Head Of The EU Financial Services Commission Calls For Global Consensus On Crypto Regulations ⋆ ZyCrypto
Advertisement     Since Bank of England’s Jon Cunliffe’s warning in November of the impending risk to financial stability from the developing market, global regulators...
Prepare For Summer Travel With These Three Hotel Stocks
. The hotel industry was one of the hardest-hit industries during the coronavirus pandemic. Many U.S. hotels closed, especially luxury hotels. At the height of the pandemic, occupancy was less than 15...
Michael Saylor Says His Firm Is Like a BTC ETF
MicroStrategy is arguably a giant in the world of computer software, but at this stage, the company has invested so much money in bitcoin that CEO Michael Saylor says investing in his company is the e...
Stephanie Link: SBUX is a buy despite weaker-than-expected Q2
Starbucks Corporation (NASDAQ: SBUX) down 30% from its record high in July 2021 is an “exciting” stock to own right now, says Hightower’s Stephanie Link. Link explains why she likes ...
TRX Price Offer $0.75 Breakout, But Will It Sustain?
On May 4th, the TRON(TRX) price spiked as we neared the launch of the USDD stablecoin. The sudden price jump rechallenged the resistance trendline of the flag pattern, provoking a bullish breakout. Ho...
Robinhood Launches Stock Lending Program
On Wednesday, Robinhood, a major US commission-free stock trading and investing app, announced the official launch of the Stock Lending program. According to a blog post published by the platform, Rob...
Apecoin Integrates With Polygon, DAO Board Member Says Native APE Chain Was Never Discussed – Bitcoin News
Following one of the largest non-fungible token (NFT) mints in history and after apecoin transactions from the sale fueled Ethereum network fees, apecoin is now integrated with the Polygon (MATIC) net...
These 2 Penny Stocks Can Deliver Over 200% Gains, Says Canaccord
Investors are constantly looking for stocks that will yield massive returns. That being said, finding these stocks can seem like an overwhelming task. Not to mention it can be expensive. Some of the m...
India’s Life Insurance Corporation (LIC) Gearing Up for Biggest-Ever IPO
The LIC is the dominant life insurance provider in India with an estimated investment of $503 billion and a life fund of $470.70 billion. The Life Insurance Corporation (LIC) is gearing up for India’s...
When Will The Bitcoin Carnage End?
Data shows the Bitcoin market has mostly showed a sentiment of fear and extreme fear for around five months now as the price continues to struggle. Bitcoin Fear And Greed Index Continues To Point At A...
Are Layer Two Fees Still Too High? Vitalik Buterin Thinks So
An Ethereum supporter has recently brought attention to the L2 networks and their fees. Ethereum co-founder Buterin highlights that L2 fees should not be over $0.05. The overall TVL has seen a plunge...
Little by little, blockchain technology is beginning to appear around the house
Blockchain technology is familiar to cryptocurrency users and national banks, and awareness of it is spreading fast to gamers. Applications in industry, particularly supply chain management, have been...