On June 12, former FTX CEO Sam Bankman-Fried filed a pretrial motion to dismiss most of the 13 charges ahead of the trial in October 2023. During the trial, he is supposed to face over a dozen charges...
News
Why This Level Could Define Its Fate
Bitcoin (BTC) remains steady at $26,000 amidst ongoing regulatory uncertainty in the cryptocurrency industry. While some investors are concerned about the impact of regulatory changes on the market, o...
Bloomberg Macro Strategist Says US Bonds Sucking Liquidity Out of Crypto and Risk Assets – Here’s His Outlook
Bloomberg Intelligence’s senior macro strategist Mike McGlone says that one major factor has him bearish on the crypto markets. In a new interview with crypto analyst Scott Melker, McGlone says that t...
5 key highlights of the SEC’s lawsuit against Binance
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance on June 5, alleging that the exchange was involved in the sale of unregistered securities. In its 136-page complaint, ...
Health insurance stocks slide after UnitedHealth warns of higher medical costs
Health insurer stocks dropped on Wednesday after UnitedHealth Group warned of higher medical costs as older Americans start to catch up on surgeries they delayed during the Covid pandemic. Shares of ...
ADA and BNB Price Analysis for June 14
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all tradi...
Ex-Starbucks manager awarded $25.6 million in suit over firing after 2018 arrests of 2 Black men
CAMDEN, N.J. (AP) — Jurors in federal court have awarded $25.6 million to a former Starbucks regional manager who alleged that she and other white employees were unfairly punished after the high-profi...
Binance May Now Leave Cyprus Amid Troubles With SEC Case
Key Points: Binance’s Cyprus subsidiary may be deregistered as a cryptocurrency service provider. According to the Cyprus Securities and Exchange Commission website, the exchange is being investigated...
Here’s When Dogecoin (DOGE) Will Bottom Out and Enter Next Rally, According to Analyst Nicholas Merten
A popular analyst says that leading meme crypto asset Dogecoin (DOGE) could spark a rally by the end of the year or early 2024. In a new video update, Nicholas Merten, the host of DataDash, tells his ...
Treasury Yields Fall in Anticipation of Possible Interest Rate Hike
Data has shown that the US Treasury yields fell as the traders and investors expect the Fed to either increase or postpone a rate hike. US Treasury yields fell on Wednesday as the market anticipates t...
Pacific Gas & Electric Co. (PCG) Stock Forecasts
Summary PG&E Corp. is the holding company for Pacific Gas & Electric Co., an investor-owned utility. The utility provides electricity to 5.5 million accounts and natural gas to 4.5 million acc...
Bitcoin’s Pressure on Crypto Market Intensifies Ahead of FOMC Decision
The crypto market cap suffered a significant loss, dropping to $1.055 trillion in 24 hours. Bitcoin experienced a temporary surge after the release of the May Consumer Price Index. Michael Saylor pred...
We’re in Our Mid-50s and Have $2 Million in Our 401(k)s. Should We Pivot to Roth Contributions?
Ask an Advisor: We’re in Our Mid-50s and Have $2 Million in Our 401(k)s. Should We Pivot to Roth Contributions? We are a dual-income couple in our mid-50s with over $2 million in our 401(k)s. Sh...
Crypto industry body slams banking restrictions in Australia
Amidst recent limitations imposed by Australian banks on cryptocurrency payments, key players within the blockchain industry are mobilizing to resist these constraints. Blockchain Australia, an indust...
EV stocks join AI hype in leading the market rally
The S&P 500 entered a new bull market last week. But the gains during this year’s run higher have been led by the tech-heavy Nasdaq and investor hyper for artificial intelligence plays. And ...
Fed holds interest rates, markets dip into the red
The Federal Reserve opted to keep interest rates at their current level Wednesday, marking the first pause in 15 months. Ongoing improvements in the labor market and low unemployment, coupled with el...
Bud Light’s Problems Aren’t Going Global. That Makes AB InBev a Buy.
Text size Bud Light’s partnership with Dylan Mulvaney has caused a backlash against the brand. Rob Carr/Getty Images Anheuser-Busch InBev has lost its title as seller of America’s favorite beer, but t...
BNB Surges 5.44% as Binance Shows Signs of Recovery Amid Legal Battles
Binance’s native token, BNB surges 5.44%. Ongoing negotiation with SEC fuels BNB price. Binance, the leading cryptocurrency exchange, recently experienced a notable surge in its native token, BNB, put...
AXSM Stock Surges After First-Ever Guidance Whops Analyst Expectations
Axsome Therapeutics (AXSM) expects its eight products to generate up to $11.5 billion in peak U.S. sales, the company said in a filing that sent AXSM stock zooming higher Wednesday. X This is the firs...
Short term technical headwinds for Bitcoin heading into FOMC
Quick Take Currently, Bitcoin is trading around $26,000, but there are a few short-term resistance levels that it is currently facing. The short-term cost holder basis is around $26,400, the average c...
Body Parts Stolen From Harvard Morgue, Shipped Via USPS, Indictment Says
Topline The morgue manager and several others at Harvard Medical School have been indicted after they allegedly spent five years stealing human body parts, selling them online and in person and mailin...
Federal Reserve Puts an End to 10-Month Rate Rise
The US Federal Reserve has finally decided to end its long run of rate hikes. For some, the move is a sign that the central bank is getting a handle on the country’s inflation. On Wednesday, the Feder...
EigenLayer goes live on Ethereum with initial $17 million deposit limit
Re-staking protocol EigenLayer launched on Ethereum today, enabling holders of liquid staking tokens to double down for additional yield — at the cost of extra risk. The core idea behind EigenLayer is...
Price Predictions Reveal That Uwerx Will Deliver More Gains
Uwerx is a new project that promises exciting features once it launches into the coin market. It will utilize blockchain technology to deliver decentralization, faster transactions, low fees (1% trans...
Billionaire Charlie Munger Compares Stock Market ‘Gambling’ to ‘Heroin’ Addiction, Sees No Solution In Sight
Berkshire Hathaway Inc., led by CEO Warren Buffett and Vice Chairman Charlie Munger, is a compound interest machine, achieving a return of about 2 million percent on its initial value — equivalent to ...
Will the BNB Price Recover After SEC Lawsuit and Can Ecoterra & DeeLance Provide Hope to Traders?
The crypto market remains mired with bearish sentiments and extreme FUD. Binance Coin (BNB) has been one of the biggest losers after the SEC sued both Binance and Coinbase within a span of 24 hours. W...
Golden Knights win Stanley Cup, cementing Vegas as sports city
Mark Stone #61 of the Vegas Golden Knights celebrates with the Stanley Cup after the Vegas Golden Knights won the NHL Stanley Cup Final against the Florida Panthers on June 13, 2023 at T-Mobile Arena ...
USDT Dominance Highest Since May 2021, While USDC Slumps
Data shows Tether (USDT) has recently observed growth in its dominance, while USD Coin (USDC) and others have lost market share. USDT Dominance Has Grown To A Value Of 67.6% Now According to data from...
Binance.US market share falls to 2.7%, continuing downward trend
Binance.US’s market share in the U.S. has fallen to the lowest level in two years. Binance.US’ declining market share, according to the crypto data tracker Kaiko. The exchange’s mark...
Ripple Demands Investigation Into Former SEC Director Hinman And His Controversial Speech ⋆ ZyCrypto
Advertisement     Hours after the public release of the infamous William Hinman emails, cryptocurrency payments service provider Ripple called for a thorough investigation into the for...
Jack Dorsey’s ‘$300 Million Bar Tab’ To Rub Shoulders With Jay-Z Results In Lawsuit
Many people assume that Twitter was the reason for Jack Dorsey’s impressive fortune, but that actually isn’t the case. When Elon Musk acquired Twitter in October 2022 for $44 billion, Dorsey held a mo...
Twitter Founder Jack Dorsey Makes New Pledge to Support Bitcoin
Twitter founder Jack Dorsey is unrelenting in his bid to support the development of the Bitcoin (BTC) protocol and he has made a new funding commitment to Brink, a Web3.0 hub that supports developers ...