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   Business News    Financial News   Financial News

  Posted by u/ 8 months ago

Global X Pulls Out of Spot Bitcoin ETF Application

Global X, one of the former contenders for a spot bitcoin exchange-traded fund (ETF), has withdrawn its application, according to a Jan 30 notice from Cboe BZX Exchange, which could have listed the fund.

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  Posted by u/ 8 months ago

Tether Reports Record $2.85B Profit as Biggest Stablecoin Nears $100B Market Cap

The USDT stablecoin issuer held over $5.4 billion in excess reserves as of 2023 year-end, according to its latest attestation.

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  Posted by u/ 8 months ago

FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange

Its FTT token surged nearly 11% after the news.

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  Posted by u/ 8 months ago

Chris Dixon Talks Techno-Optimism, Permissionless Innovation and the Need for Crypto

The renowned a16z VC talks to Daniel Kuhn about his new book, ?Read Write Own: Building the Next Era of the Internet.?

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  Posted by u/ 8 months ago

How the Launch of Spot ETFs Could Dampen Bitcoin?s Volatility

The approval of a wave of bitcoin exchange-traded funds will lead to a more mature market structure, say Vivek Chauhan and David Lawant, of FalconX.

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  Posted by u/ 8 months ago

From Speculation to Fundamentals: A New Paradigm for Crypto Markets

New markets take time to mature and crypto is no different. The next stage will see more attention given to fundamental metrics and better data will drive the change, says Michael Nadeau, founder of The DeFi Report.

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  Posted by u/ 8 months ago

JUP Token Soars After Massive $700M Jupiter Airdrop to Solana Wallets

Validators called the airdrop a success. "Surprisingly, nothing notable" broke, one operator said.

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  Posted by u/ 8 months ago

CoinDesk Mothballs DESK Reward Token Program

It was an experiment in driving community engagement, and we're leaving the door open to relaunching DESK or something similar in the future.

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  Posted by u/ 8 months ago

Time to End Craig Wright?s Harassment Campaign Against Bitcoin Devs

Craig Wright has repeatedly litigated anyone questioning his claim to be Satoshi, harming numerous people in crypto in the process. The Crypto Open Patent Alliance aims to put a stop to this as its case comes to court Feb. 5.

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  Posted by u/ 8 months ago

Crypto Market Maker GSR Appoints Former JPMorgan Executive as Head of Trading

The new hire happens as digital asset markets are maturing and have become increasingly intertwined with traditional finance.

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  Posted by u/ 8 months ago

Fed Leaves Rates Unchanged, Sounds Hawkish Note on March

Bitcoin investors have mostly been focused on spot ETFs and the upcoming halving, but central bank monetary policy is also likely to play a sizable role in the 2024 price outlook.

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  Posted by u/ 8 months ago

CoinDesk Brings Back 'Microcosms' NFT Consensus Ticket

Minting is live for the 1,000-run collection, whose additional perks will let holders get the most out of Consensus 2024 in Austin, Texas.

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  Posted by u/ 8 months ago

The Protocol: Bitcoin NFT Debacle, Vitalik's 30th, Farcaster Frames, 'Private Mempools'

In this week's issue of The Protocol newsletter, our Sam Kessler writes about the "private mempools" that Ethereum users are increasingly relying on to avoid front-running MEV bots. PLUS: Margaux Nijkerk explores the growing use of "councils" to oversee adolescent networks.

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  Posted by u/ 8 months ago

30 Reasons to Love Vitalik Buterin, on His 30th Birthday

The co-founder and spiritual leader of Ethereum has achieved more than most in his relatively short lifetime.

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  Posted by u/ 8 months ago

Bitcoin Dips to $42.4K as Fed's Powell Pours Cold Water on March Rate Cut

Bitcoin dipped to $42,300, while crypto majors ETH, ADA, DOT fell 3%-4% with Solana's SOL tumbling over 6%.

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  Posted by u/ 8 months ago

Celsius to Distribute $3B Crypto to Creditors as Firm Emerges From Bankruptcy

The distribution will be made through PayPal and Coinbase.

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  Posted by u/ 8 months ago

Hounded by Lawyers and Short on Cash, Ben 'Bitboy' Armstrong Nixes Daily Crypto Show

Ben Armstrong, the brash crypto influencer whose precipitous rise as the "Bitboy" vlogger came crashing down under corporate and personal scandal, is stopping his daily livestream after three years.

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  Posted by u/ 8 months ago

It May Be Time for Bitcoin Traders to Focus on John Bollinger's Price Bands Again

Bitcoin's monthly chart Bollinger bandwidth resembles a pattern seen before the near-vertical rallies of 2020 and 2016.

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  Posted by u/ 8 months ago

Bitcoin Advocate Tim Draper Hopes The Government Will Tax Bitcoin In 2024

Bitcoin advocate Tim Draper is optimistic about the US government's positive view on Bitcoin.

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  Posted by u/ 8 months ago

PayPal Layoffs Coming Soon With 2,500 Employees Affected

The PayPal layoffs include eliminating current roles and future job listings, allowing company to focus on growth and AI tools.

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  Posted by u/ 8 months ago

Bitget Banned on Apple! iPhone Alerts Vanish, Await Revival in Two Weeks!

Bitget banned on Apple store, rendering iPhones incapable of receiving crucial notifications from the platform.

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  Posted by u/ 8 months ago

US Bitcoin ETFs Uncover Hidden Dangers in Financial System Dynamics!

The launch of US Bitcoin ETFs tracking bitcoin has stirred a blend of excitement and caution among experts, intensifying the connection between the cryptocurrency realm and the traditional financial system.

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  Posted by u/ 8 months ago

CryptoGames: Rewards, Bonuses and VIP Program!

In the dynamic world of online gaming, CryptoGames has emerged as a notable force since its inception in 2020.

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  Posted by u/ 8 months ago

Solana Mobile?s Chapter 2 List Grants SBT NFTs to Elite!

Solana Mobile has unveiled the launch of the Chapter 2 ranking list for its second-generation mobile phone.

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  Posted by u/ 8 months ago

OKX POR 15 Surpasses 100%, BCH Added for First Time!

OKX POR has unleashed its 15th consecutive reserve certificate, showcasing robust reserve rates for 22 public currencies, all surpassing the 100% mark.

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  Posted by u/ 8 months ago

Digital Pound?s Privacy Solutions Unveiled for Public Confidence!

UK's digital pound consultation results have highlighted public apprehensions regarding privacy concerns.

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  Posted by u/ 8 months ago

Unlocking Bitcoin?s Potential: Introducing Merlin Chain, a Native L2 Solution

NewYork, United States, January 31st, 2024, Chainwire This week, the much-anticipated Bitcoin L2 solution Merlin Chain went live on its testnet, while its mainnet is scheduled to be launching within a month as well. Bitcoin’s Network Congestion Dilemma and Scaling Solutions The evolution of Ordinals over the past year has brought the attention back to

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  Posted by u/ 8 months ago

QRDO Foundation and EQ LAB Announce Strategic Partnership to Launch the Warden Protocol

Cayman Islands, Cayman Islands, January 31st, 2024, Chainwire The QRDO Foundation, dedicated to the growth and development of the QRDO ecosystem, has announced a strategic partnership with EQ LAB, a leading blockchain developer lab, to launch the Warden Protocol. This initiative accelerates the upcoming launch of the Warden Protocol, an intent-based interoperability protocol built on

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  Posted by u/ 8 months ago

Arc?teryx Maker Guides IPO Share Pricing Below Range at $13 Each

Arc?teryx Maker Guides IPO Share Pricing Below Range at $13 Each

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  Posted by u/ 8 months ago

S&P 500 Has Its Worst Fed-Decision Day Since March: Markets Wrap

S&P 500 Has Its Worst Fed-Decision Day Since March: Markets Wrap

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  Posted by u/ 8 months ago

Some Ohio Republicans want to restart executions... with nitrogen hypoxia

Ohio's Republican Attorney General Dave Yost wants to restart executions with nitrogen hypoxia after Kenneth Smith's execution in Alabama.

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  Posted by u/ 8 months ago

Biden to visit East Palestine, Ohio, year after toxic train derailment

President Joe Biden is planning his first visit to East Palestine, Ohio, next month to mark the one-year anniversary of a toxic train derailment.

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  Posted by u/ 8 months ago

Student loan relief: Biden administration agrees to extend talks

The Education Department has agreed to extend its student loan relief talks, according to an agency official and an email obtained by USA TODAY.

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  Posted by u/ 8 months ago

Image of Kid Rock wearing anti-Biden T-shirt is altered | Fact check

A nearly identical image posted to Instagram in January 2020 shows the musician wearing a T-shirt bearing a different message.

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  Posted by u/ 8 months ago

Nikki Haley weighs in on whether Trump mocking her name was racist

In an interview on the Breakfast Club morning show, Charlamagne tha God asked Nikki Haley if she thought Trump making fun of her name was racist.

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  Posted by u/ 8 months ago

OnPolitics: Republicans want to impeach Alejandro Mayorkas. Here's why.

House Republicans approved two articles of impeachment against Department of Homeland Security Secretary Alejandro Mayorkas Tuesday.

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  Posted by u/ 8 months ago

Shadow campaign: Is DeSantis poised to step in if Trump implodes?

In the week after quitting the presidential race, Ron DeSantis put out two videos on border issues and proposed a series of constitutional amendments.

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  Posted by u/ 8 months ago

Former Trump official hurt, man killed as D.C. carjackings spike

A carjacking spree in the nation's capital left one dead after carjacking in Washington nearly doubled in 2023.

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  Posted by u/ 8 months ago

Donald Trump courts union voters, bashes border deal during Teamsters visit

Trump's comments drew criticism from fellow Republicans and others who accused him of ignorance about the border bill and Teamster policies.

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  Posted by u/ 8 months ago

China Evergrande Receives Winding-Up Order From Hong Kong Court

China Evergrande Receives Winding-Up Order From Hong Kong Court

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  Posted by u/ 8 months ago

Stocks Likely to Benefit From India?s 2024 Interim Budget

Stocks Likely to Benefit From India?s 2024 Interim Budget

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  Posted by u/ 8 months ago

China Stocks Sink to Five-Year Low as Traders Unwind Rescue Bets

China Stocks Sink to Five-Year Low as Traders Unwind Rescue Bets

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  Posted by u/ 8 months ago

Big Tech Gets Crushed, Bonds Gain in Run-Up to Fed: Markets Wrap

Big Tech Gets Crushed, Bonds Gain in Run-Up to Fed: Markets Wrap

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  Posted by u/ 8 months ago

Trump's veepstakes: 5 reasons to pick a running mate. Nikki? Tucker?

The vice-presidential pick can help (think LBJ) or not (remember Sarah Palin?). The calculations Donald Trump faces for his ticket.

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  Posted by u/ 8 months ago

Biden and the border: President shifts to the right on immigration

President Joe Biden's call for authority to "shut down the border" shows how far the immigration debate has moved to the right.

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  Posted by u/ 8 months ago

House Republicans close in on impeaching Alejandro Mayorkas: What's next?

House Republicans are closing in on impeaching Homeland Security Secretary Alejandro Mayorkas over the crisis on the southern border

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  Posted by u/ 8 months ago

The Excerpt podcast: House GOP move forward to impeach Mayorkas

House Republicans move to impeach Homeland Security Secretary Alejandro Mayorkas. President Joe Biden shifts to the right on immigration.

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  Posted by u/ 8 months ago

Trump is expected to meet with members of the Teamsters Union

Former President Donald Trump will meet with members of the Teamsters Union Wednesday in Washington as he seeks to gain support from union workers.

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  Posted by u/ 8 months ago

FBI chief Wray warns Congress that Chinese hackers could 'wreak havoc'

FBI Director Christopher Wray warned that Chinese hackers are preparing attacks on U.S. infrastructure such as the electric grid and transportation.

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  Posted by u/ 8 months ago

Biden weighs this perilous response to attack that killed 3 Americans

President Joe Biden tried to keep clashes between the U.S. and rebel forces from escalating. He's under mounting pressure to act after a drone attack.

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