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XRP Overtakes BNB To Fourth La
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Lombard Odier IM?s Asia-Beating Fund Trims AI Play That Drove Its Boom
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US Election Hedging Likely to Be Last-Second, Options Pros Say
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JPMorgan Says IPO Market for PE-Backed Companies Is ?Very? Open
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Goldman?s Rubner Worries His Year-End 6,000 S&P Target Is 'Too Low'
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Goldman?s Rubner Worries
AI Can Only Do 5% of Jobs, Says MIT Economist Who Fears Crash
AI Can Only Do 5% of Jobs, Say
AI Can Only Do 5% of Jobs

   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ one year ago

Joe Biden blasts 'outrageous' Tommy Tuberville

President Joe Biden slammed Senator Tommy Tuberville and other Republicans for the Alabama senator's holds preventing military promotions.

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  Posted by u/ one year ago

Sen. Tim Scott in Iowa, misses Senate vote on bipartisan defense bill

The Senate passed the annual defense policy bill with a bipartisan 86-11 to authorize $886 billion in national defense spending.

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  Posted by u/ one year ago

Updated indictment sheds new light on Donald Trump classified records

The updated indictment against Donald Trump for allegedly mishandling classified documents sheds new light on the responses to government subpoenas.

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  Posted by u/ one year ago

US House Financial Services Committee Approves First Crypto Regulatory Framework Bill

A key US House panel passed two bills that would finally set clearer crypto regulation in the country.

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  Posted by u/ one year ago

Bitget exec discusses limitations and benefits of CTA AI trading bot

The bot is the third in a series of AI-trading initiatives launched this year.

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  Posted by u/ one year ago

99-year-old Hungarian artist's computer generated NFTs sold for $1.2M

Vera Molnár pioneered the use of computer-generated art in the latter half of the 20th Century.

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  Posted by u/ one year ago

North Korea's Lazarus Group Suspected in $37 Million Hack on CoinsPaid

North Korean hackers at the infamous Lazarus Group are suspected to be behind a $37 million attack on crypto payment system CoinsPaid.

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  Posted by u/ one year ago

DOJ Drops Campaign Finance Charge Against Sam Bankman-Fried Due to Treaty Obligations with The Bahamas

On July 26, the Department of Justice (DOJ) informed federal judge Lewis A. Kaplan that they 'do not intend to proceed' with a campaign finance charge against FTX founder Sam Bankman-Fried.

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  Posted by u/ one year ago

Reddit Introduces Largest Gen 4 Collectible NFT Avatar Series 'Retro Reimagined' with Iconic Snoo Character

Reddit has released the Gen 4 Collectible Avatar series, the largest addition to its limited-edition non-fungible token (NFT) collection yet.

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  Posted by u/ one year ago

Crypto-friendly BlackRock starts ?digital-first? investment offering in India

As BlackRock reiterates that an optimal investment allocation should include 84.9% BTC, the firm has formed a major investment partnership in India.

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  Posted by u/ one year ago

RFK Jr. Admits Buying Bitcoin for His Children After Attending Miami Conference

Democratic presidential candidateÂ\xa0Robert F. Kennedy Jr.Â\xa0has revealed that he has purchased twoÂ\xa0Bitcoins (BTC)Â\xa0for each of his seven children.

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  Posted by u/ one year ago

Bitcoin price erases FOMC gains as US dollar surges on Q2 GDP print

Bitcoin casts off a U.S. GDP 'nothingburger' but DXY charges to two-week highs in what is traditionally a BTC price headwind.

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  Posted by u/ one year ago

Bitcoin traders put eyes on $31K even as $2B in BTC options expire on Friday

BTC traders fix their eyes on $31,000 even as $2 billion in Bitcoin options are set to expire this Friday.

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  Posted by u/ one year ago

Grayscale urges SEC to approve all Bitcoin ETFs simultaneously

Grayscale's ETF was previously knocked back by the SEC and it wants it and competing ETFs approved together so none have an advantage.

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  Posted by u/ one year ago

Reversal of SBF?s Bail Requested Over Caroline Ellison Diary Leak

New evidence has been presented to the court, leaving little doubt as to SBF being the leaker.\r\n

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  Posted by u/ one year ago

CoinsPaid Suspects North Korea?s Lazarus Group of Orchestrating $37.3M Theft

CoinsPaid stated that it is actively cooperating with the Estonian authorities during the investigation process.

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  Posted by u/ one year ago

Coinbase CEO Brian Armstrong Calls for Voting in Favor of FIT21

Coinbase CEO Brian Armstrong is pushing American citizens to contact their representatives to vote in favor of FIT21.

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  Posted by u/ one year ago

Evil Pepe Coin Raises Over $1 Million With Just 6 Days of Presale Left

Evil Pepe Coin\xa0is a hot new entrant in the meme coin space that has already raised over $1 million within ten days of its official launch. This surge in investor

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  Posted by u/ one year ago

Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany

Get your daily, bite-sized digest of cryptoasset and blockchain-related news.

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  Posted by u/ one year ago

Biggest Crypto Gainers Today on DEXTools \x93 HUTAO, $PAAL, HOPPY

With blue chip crypto markets subdued as traders digest Wednesday's Fed meeting, here are some of the biggest gainers in the shitcoin market.

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  Posted by u/ one year ago

FTX Founder Sam Bankman-Fried Faces Tightened Bail Conditions and Possible Jail in Trial

Sam Bankman-Fried, the founder of now-defunct cryptocurrency exchangeÂ\xa0FTX, is facing tightened bail conditions and the possibility of jail time as he awaits trial over the collapse of his exchange.

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  Posted by u/ one year ago

Republicans Blast White House For Failure To Compromise On Stablecoin Bill

House Democrats accuse Republicans of being impatient with negotiations for payment stablecoins.

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  Posted by u/ one year ago

Sui Foundation Ends Partnership With MoveEX Following Contract Violation

The foundation asked MovEX to move the entire 2.5 million SUI to a qualified custodian who will release them according to the token emission schedule.

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  Posted by u/ one year ago

Sequoia slashes its crypto fund by 66% after industry collapses: Report

The $85-billion venture capital firm launched the Sequoia Crypto Fund in February 2022.

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  Posted by u/ one year ago

BarnBridge (BOND) token takes to the sky weeks after SEC probe scare

The BarnBridge token has hit a daily high of $3.82, after a 30% surge earlier today. At press time, the token was trading at $3.69, up 24.94% in 24 hours. On July 7, there were reports of the US SEC investigating the BarnBridge and members associated with the DAO. The BarnBridge (BOND) token started the […]

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  Posted by u/ one year ago

SEC approves new AI-related rules for brokers: Is this the game-changer for AltSignals?

SEC approved new AI-related rules targeting brokers on July 26. This comes amid growing adoption of AI across all areas of the global economy. What does this mean for AltSignals, the trading firm behind the upcoming ActualizeAI. Regulation remains a huge factor in the overall growth and adoption of cryptocurrency, and the US Securities and […]

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  Posted by u/ one year ago

A temperature check on crypto as market eyes end of rate hiking cycle

Key Takeaways The Federal Reserve increased interest rates 0.25% Wednesday, but the market is anticipating the hiking cycle is coming to a close Optimism is flowing in crypto markets, which saw crushing losses in 2022 as rates rose swiftly While the Fed has said it no longer forecasts a recession, this could be a double-edged […]

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  Posted by u/ one year ago

Bitcoin inverse relationship with dollar weakening

The US dollar is the global reserve currency, meaning it is a key influence on all risk assets Bitcoin has seen its negative correlation with the dollar pick up since the transition to a tight monetary regime, meaning it tends to strengthen when the dollar falls This inverse relationship has softened in recent weeks, as […]

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  Posted by u/ one year ago

Optimism and Arbitrum metrics diverge as OP token outperforms

Optimism and Arbitrum are some of the best-known layer-2 networks. The two network’s metrics have diverged in the past few days. These metrics include the number of users and open interest. Optimism and Arbitrum ecosystems have diverged in the past few weeks. Arbitrum’s number of active addresses has dropped from an all-time high of 191,612 […]

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  Posted by u/ one year ago

Decentralized exchange PancakeSwap taps zkSync Era blockchain

PancakeSwap initially launched on BNB Chain but is now available on five blockchains. The zkSync Era blockchain is the most recent blockchain that the DEX will be available on. The move is aimed at expanding PancakeSwap’s user base and increasing protocol revenue. The decentralized exchange PancakeSwap (CAKE) is now available on the zkSync Era blockchain […]

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  Posted by u/ one year ago

Bitcoin-focused MicroStrategy stock has 22% upside ? analyst says

TD Cowen analyst sees upside in MicroStrategy to $520. Lance Vitanza explained his bullish view in a research note. MicroStrategy stock has already tripled since the start of 2023. MicroStrategy Inc has already tripled since the start of this year but a TD Cowen analyst continues to see further upside in this stock. MicroStrategy stock […]

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  Posted by u/ one year ago

Kin price soars after proposal to burn 7 trillion KIN passes

Kin community adopts proposal to burn 7 trillion of supply. The total supply of Kin is 10 trillion KIN tokens. The price of native token KIN jumps more than 20% as traders react to news. Kin Foundation has announced that a proposal seeking to burn trillions of KIN tokens has passed. According to an update […]

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  Posted by u/ one year ago

Immutable X (IMX) Price Prediction as AltSignals Token Sale Accelerates

Immutable X token went vertical on Thursday and Friday morning after a series of partnerships. Chancer token sale has continued, with the token sale hitting over $1.2 million. Immutable X (IMX) price went parabolic on Friday even as the crypto market remained in a consolidation phase. The token jumped by more than 20% and reached […]

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  Posted by u/ one year ago

Journeys: Hervé Larren on Bitcoin, Apes and the psychology of ?blue-chip? NFTs

Hervé Larren?s crypto journey has taken him from luxury goods to Bitcoin mining and back full circle to the world of ?blue-chip? NFTs.

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  Posted by u/ one year ago

Bitcoin Remains in Tight Range Around $29.3K; Stellar's XLM Leads Altcoin Gainers

A few more Fed rate hikes are likely, but "the hardest work is done," one expert said.

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  Posted by u/ one year ago

Meta Remains Committed to the Metaverse Despite $13.7B Loss in 2022, Mark Zuckerberg Says

The pivot to the metaverse has cost Meta billions of dollars, but the company?s founder and CEO Mark Zuckerberg says the social media isn't looking to give up anytime soon.

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  Posted by u/ one year ago

Bitcoin Volatility Expected on Friday's Bank of Japan Rate Decision. Here's Why

The BOJ is predicted to soften its grip on the country's bond markets, potentially influencing global bond markets, exchanges rates and liquidity conditions. Bitcoin and cryptocurrencies, in general, are sensitive to changes in global liquidity conditions.

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  Posted by u/ one year ago

Animoca Brands Invests $30 Million in Crypto Payments Application Hi

In order to perform KYC on its users, hi will soon utilize a Proof of Human Identity solution that helps prevent bots from transacting on its layer 2 network.

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  Posted by u/ one year ago

Sui Foundation Bins MovEx After Violation of SUI Token Lockup Schedule

MovEx had violated the lockup by initiating three transactions of 625K SUI to three unique wallets, sparking concerns around these excess tokens in the open market.

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  Posted by u/ one year ago

U.K. Move to Digitize Trade Documents Could Rely on Blockchain, Government Says

The Electronic Trade Documents Act, set to take effect later this year, could make use of blockchain tech to improve security and reduce costs.

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  Posted by u/ one year ago

Trader Redeems $12.3M of Rocketpool's Staked Ether to Mark Largest Daily Burn

Rocket Pool, a decentralized Ethereum-based staking service, experienced its largest daily redemption of its rocketpool ether (rETH) token this week, with one trader redeeming $12.3 million worth of the token before sending it to Binance.

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  Posted by u/ one year ago

Asset Tokenization in Europe Gets a Boost With Securitize's Landmark Tokenized Equity Issuance

The firm started issuing tokens representing equity in a Spanish real estate investment trust under Spain?s new digital asset supervision.

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  Posted by u/ one year ago

Amazon Expands Web3 Reach With Cloud Tools That Help Blockchain Developers

The tech giant moves deeper into Web3 infrastructure with AMB Access and Query services for developers.

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  Posted by u/ one year ago

PancakeSwap Expands to zkSync Era Network

The DEX, initially launched on BNB Chain, is now available on five blockchains.

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  Posted by u/ one year ago

Coinbase, a16z-Backed 'Cash-Like' Crypto Wallet Beam Goes Live

Where most wallets require signing up, performing a degree of KYC checks, Beam users can send payments simply by using a link to a QR code. Thus it is aiming to create the closest possible equivalent to using crypto like cash.

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  Posted by u/ one year ago

Crypto Broker Hidden Road Collaborates With Confidential Exchange Enclave Markets

Enclave?s Fully Encrypted Exchange, or FEX, creates a confidential trading environment rather like a dark pool in traditional markets.

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  Posted by u/ one year ago

Palm Foundation to Scale Its Native Network to Support NFT Minting and Trading

In partnership with Consensys and Polygon Labs, the Palm Network will evolve to facilitate more efficient NFT minting and trading for its 1.7 million registered wallet addresses.

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  Posted by u/ one year ago

First Mover Americas: BTC and ETH CME Futures See Record Participation From Big Traders

The latest price moves in bitcoin (BTC) and crypto markets in context for July 27, 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

Israel Consults Public on DAO Regulation, Sets Up Special Examination Team

The team will examine required corporate status, taxation other aspects of DAOs to "create legal certainty" and reduce risks, the government has said.

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  Posted by u/ one year ago

Ukraine Has Raised $225M in Crypto to Fight Russian Invasion, but Donations Have Stagnated Over the Last Year: Crystal

Ukraine attracted over $225 million from supporters around the world, while Russian military fundraisers only scored several millions.

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