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   Business News    Financial News   Financial News

  Posted by u/ one year ago

Targeting Juneteenth, Trump's indictments? Ramaswamy pushes further right

Some of Vivek Ramaswamy's latest comments have echoed calls from the right flank of the Republican Party.

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  Posted by u/ one year ago

Daily Briefing: Can Ohioans change their constitution?

A proposed change could determine abortion rights in the state and more news to know Tuesday.

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  Posted by u/ one year ago

Trump attacks prosecutors, Tou Thao sentenced: 5 Things podcast

Trump has launched a new attack on the judge and prosecutor in his Jan. 6 election case, a look at the link between smell and memory: 5 Things podcast

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  Posted by u/ one year ago

Mike Pence makes the debate stage. Will Trump show up?

Former Vice President Mike Pence has qualified for the first GOP primary debate, benefiting from a surge of donors after the latest Trump indictment.

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  Posted by u/ one year ago

Biden to update 'prevailing wage' rule and boost construction worker pay

Most significant update to federal labor rule in 40 years could put thousands of extra dollars every year in construction workers' pockets.

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  Posted by u/ one year ago

Ron DeSantis ousts campaign manager as he trails Donald Trump

James Uthmeier is taking over as campaign manager from Generra Peck, who will stay on as chief strategist. Uthmeier has been DeSantis' chief of staff.

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  Posted by u/ one year ago

Abortion rights, 2024 voting procedures face critical vote in Ohio

In the waning days of the campaign, advocates on both sides have implored Ohioans to turn out at the polls.

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  Posted by u/ one year ago

Trump knocks US women's national soccer team after World Cup loss

Former President Donald Trump took aim at the U.S. women?s national team?s performance in the World Cup.

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  Posted by u/ one year ago

Biden to designate monument to honor tribes in Arizona

A new national monument with a collaborative management system gives tribes their due in Grand Canyon area, Interior secretary says.

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  Posted by u/ one year ago

Christie blasts Trump: 'Doesn't care about anybody other than himself'

Chris Christie, a fierce critic of Donald Trump, bashed the former president in a recent interview, calling him an 'angry old man.'

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  Posted by u/ one year ago

UK to expand crypto crime agency, hiring spree underway

The job involves investigating crypto fraud, money laundering and other blockchain-based crime performed by organized groups.

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  Posted by u/ one year ago

Miami Mayor Francis Suarez Embraces Bitcoin Donations for Presidential Bid

Miami Mayor Francis Suarez, a vocal crypto advocate, announced that his Presidential campaign is officially accepting donations in the leading cryptocurrency Bitcoin.

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  Posted by u/ one year ago

Breaking: Paypal launches stablecoin for payment

Payment processing giant PayPal started crypto payments in March 2020 and since then has been actively involved in the crypto payment sector.

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  Posted by u/ one year ago

UK Set To Expand Its National Crypto Crime Unit As Organized Blockchain Fraud Surges

The United Kingdom's National Crime Agency (NCA) is set to increase its cryptocurrency fraud investigation unit as part of wider plans to halt the increase in financial crimes.

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  Posted by u/ one year ago

Global Payment Firm PayPal Launches Crypto Stablecoin \x93 How Does it Work?

PayPal's move into the stablecoin market is potentially a big boost to crypto adoption.

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  Posted by u/ one year ago

UAE signs deal to develop carbon credit system on Venom Foundation blockchain

The UAE recently announced that it intends to reduce carbon emissions by 40% by 2030, a marked increase over its previous pledge.

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  Posted by u/ one year ago

MakerDAO?s Spark Protocol Blocks VPN Use; Privacy Advocates Cry Foul

Spark's stance on VPN usage courts criticism from the DeFi community.

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  Posted by u/ one year ago

PayPal stablecoin launch sparks wave of fake PYUSD tokens

Nearly 30 fake PYUSD tokens cropped up in the wake of PayPal?s most recent announcement.

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  Posted by u/ one year ago

People Don?t Touch Their BTC: Supply Last Active 5 Years Ago Now at 30%

Despite bitcoin's wobbly performance in 2022, the percentage has been progressively rising since then.

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  Posted by u/ one year ago

Binance sold USDC for another stablecoin ? Coinbase CEO

Binance has been experimenting with relatively lesser-known stablecoins after a pause on BUSD.

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  Posted by u/ one year ago

Bitcoin faces 'endless spot selling' as BTC price dips below $28.7K

BTC price strength fails to sustain $29,000 support as the week begins with fresh weakness for Bitcoin.

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  Posted by u/ one year ago

Buffett and Ackman take opposing sides on Treasury yields ? What does it mean for Bitcoin?

Two investment moguls are betting on different directions for inflation and Treasury yields, with potentially negative impacts on Bitcoin.

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  Posted by u/ one year ago

BlackRock?s misguided effort to create ?Crypto for Dummies?

Crypto doesn?t need BlackRock?s Bitcoin ETF. It undermines the basic tenets of cryptocurrency ? from banking the unbanked to reducing global oppression.

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  Posted by u/ one year ago

AltSignals outlook as Huobi insolvency rumours add to broader crypto lull

Justin Sun has dismissed the insolvency rumours as FUD. Amid the broader crypto market uncertainty, Bitcoin has retreated from the $30k level. Meanwhile, the AltSignals presale continues to attract investors as funds raised surpass $1.24 million. Justin Sun, founder of Tron (TRX), has dismissed the latest rumours around the crypto exchange Huobi, suggesting this is […]

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  Posted by u/ one year ago

WorldCoin faces renewed headwinds as WLD price retreats

WorldCoin, the new blockchain project started by Sam Altman, is going through major headwinds as regulators remain concerned about data privacy. As a result, the WLD token price has plunged by more than 72% from the highest level this year. The total volume of the tokn traded in exchanges has dropped. Headwinds continue WorldCoin was […]

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  Posted by u/ one year ago

Hong Kong regulator warns crypto exchanges, Shiba Memu marches on

Hong Kong regulator the Securities and Futures Commission (SFC) published the warning on August 7. Crypto exchanges yet to apply for licences but have gone ahead to publicise the same. Shiba Memu presale gathers speed with over $1.6 collected from early investors. Crypto exchanges looking to acquire virtual assets trading licences in Hong Kong have […]

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  Posted by u/ one year ago

CryptoMinerBros Celebrates 5 Years of Building the Future in the Crypto Mining Community

Kowloon city, HongKong, August 7th, 2023, Chainwire Founded in August 2018 and headquartered in Hong Kong, Crypto Miner Bros has become one of the leading crypto mining hardware distributors within five years of its launch. With a dedicated team of blockchain experts, e-commerce specialists, and crypto mining professionals, Crypto Miner Bros has become a reputable […]

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  Posted by u/ one year ago

PayPal launches a US Dollar stablecoin on the Ethereum blockchain

Key takeaways Fintech firm PayPal has launched a stablecoin on the Ethereum blockchain. The stablecoin is backed by the US Dollar and was launched in partnership with Paxos. PayPal joins the stablecoin train Silicon Valley-based payments firm PayPal announced on Monday, August 7th, that it had launched a US Dollar stablecoin. In a press release earlier […]

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  Posted by u/ one year ago

DODO price jumps after Binance makes major announcement

DODO price jumped 33% after Binance announced the DODO perpetual contract. Users will access the product with up to 20x starting August 8 at 08:00 (UTC). DODO, the governance token of the decentralized exchange (DEX) platform of the same name, spiked by more than 33% on Monday morning. Within hours of an announcement from leading […]

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  Posted by u/ one year ago

Bitcoin revisits $28.8k as crypto sees huge outflows

Bitcoin price fell to $28,800 across major exchanges as Ethereum hit lows near $1,800. Equities also showed signs of uncertainty with mixed trading recorded. Crypto investment products saw outflows totaling $107 million, the primary focus being BTC. Bitcoin traded near the $28,800 early afternoon on Monday as caution dictated overall sentiment across the market. Stocks […]

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  Posted by u/ one year ago

Crypto price prediction: Shiba Memu, Bitcoin Cash, Algorand

Shiba Memu token has raised over $1.64 million from investors. It is one of the most popular upcoming crypto tokens in the world. It combines key industries like AI and meme coins. Cryptocurrency prices moved sideways even as American equities jumped. Bitcoin remained slightly above $29,000 while the total market cap dropped by 0.42% to […]

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  Posted by u/ one year ago

Cathie Wood: SEC may ?approve more than one Bitcoin ETFs at once?

SEC has to rule on ARK’s application for a Bitcoin ETF by August 13th. Cathie Wood expects the financial regulator to extend that deadline. A summary of what else she said in an interview with Bloomberg today. The U.S. SEC will likely delay ruling on application for a Spot Bitcoin ETF that Ark Invest registered […]

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  Posted by u/ one year ago

China?s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express

Man loses $10M after Chinese court rules Bitcoin lending is not protected by law, loads of Web3 founders get arrested, and Huobi rumors swirl.

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  Posted by u/ one year ago

Curve Recoups 73% of Hacked Funds, Bolstering CRV Sentiment

A public bounty is now open for finding the remaining funds with a $1.8 million reward.

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  Posted by u/ one year ago

Huobi's Stablecoin Reserves Down 30% Amid Reports of Executive Arrests

Data from Nansen.ai shows that users have withdrawn $44.8 million in stablecoins during the last week.

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  Posted by u/ one year ago

Crypto Options Traders Bet Against Volatility

"Given the absence of big news in August, selling volatility and taking a vacation for solid theta gains is the only thing I can do right now," one trader said. Crypto traders typically short volatility by selling or writing call/put options.

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  Posted by u/ one year ago

Cardano Blockchain Transactions Jumped 49% in Q2 on Network Upgrades, New Users

Blockchain load ? a measure of how much data is contained in blocks over a certain period ? rose to 50% in the second quarter from under 40% in the first. It peaked at 81% in May.

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  Posted by u/ one year ago

Worldcoin Nairobi Warehouse Raided by Kenyan Police: Reports

Kenyan police raided Worldcoin's Nairobi warehouse and confiscated documents and machines on Saturday.

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  Posted by u/ one year ago

Fed's Rate Hike Cycle Has Peaked, Investment Banks Say

The end of the tightening cycle does not necessarily imply a quick pivot toward zero interest rate policy, meaning animal spirits may not return to the crypto market anytime soon.

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  Posted by u/ one year ago

First Mover Americas: Michael Saylor's Wager on Bitcoin Looking Better

The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ one year ago

PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on Ethereum

The PayPal USD will be pegged to U.S. dollars and issued by Paxos Trust.

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  Posted by u/ one year ago

Michael Saylor?s Bitcoin Billions Have Rebounded Since He Exited CEO Job a Year Ago

Saylor stepped down as CEO of MicroStrategy one year ago in order to focus solely on Bitcoin.

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  Posted by u/ one year ago

Bitcoin Remains King While Crypto Hedge Funds Get Rekt

Even though crypto hedge funds managed positive returns during the first half of 2023, bitcoin trounced them, according to a 21e6 Capital report.

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  Posted by u/ one year ago

Some Users May Want an ?Everything App?, but What We Need Is Digital Sovereignty

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  Posted by u/ one year ago

Lido Attracted 10K Ether Stakers to Protocol in July

The largest staking service provider also crossed $15 billion in total value locked, a level not seen since May 2022.

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  Posted by u/ one year ago

Sino Global Files $67M Claim Against FTX-Alameda

Sino Global invested in tokens heavily affected by the decline of Sam Bankman-Fried's FTX crypto empire and partnered with FTX on a fund raised with outside investors' capital.

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  Posted by u/ one year ago

Binance's VC Arm Dominated Funding Rounds Last Week Even as Regulators Scrutinized the Crypto Exchange

Binance Labs announced investments in four incubator projects and participated in a round for privacy infrastructure startup zkPass.

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  Posted by u/ one year ago

Congress, Not the SEC, Should Set U.S. Digital Asset Policy

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  Posted by u/ one year ago

A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn?t it Proposed?

Crypto investors and their brokerages are waiting for a U.S. tax rule that will completely overhaul how they report their cryptocurrency taxes, but the government isn?t offering any straight answers about its holdup even as prominent lawmakers clamor for the Treasury Department to finish the job.

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  Posted by u/ one year ago

CPI Preview: Bitcoin Unlikely to Get Bullish Catalyst

Markets are already expecting the Fed to refrain from more rate hikes this year and have begun pricing in rate cuts in 2024.

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