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Investors should be hesitant to dive into stocks after the rate cut, with election uncertainty looming, Fundstrat’s Tom Lee says
Cindy Ord/Getty Images for Yahoo; iStock; Rebecca Zisser/BI Tom Lee has long called for a stock market rally after the Federal Reserve cuts interest rates. But after Wednesday’s big 50…
Impact of Fed Rate Cuts on Crypto Markets, Bybit Executive Weighs In
Bybit’s head of institution has shared his insights into the possible effects of the Federal Reserve’s rate cuts on the cryptocurrency market. “We anticipate that the recent rate cut could…
Boerse Stuttgart Digital, DZ Bank Expand Crypto Access to 700 German Banks
Boerse Stuttgart Digital is collaborating with DZ Bank to bring secure cryptocurrency trading and storage to over 700 cooperative banks across Germany. The move marks a significant step toward mainstream…
Trump Media stock drops as lockup expiration set to give the former president clearance to sell shares
Former President Donald Trump could reap billions if Truth Social’s parent company’s long-delayed merger finally goes through.Chip Somodevilla; Jakub Porzycki/NurPhoto via Getty Images Trump Media stock plummeted to its lowest…
German Authorities Shut Down 47 Crypto Exchange Services in Cybercrime Crackdown
German authorities have dismantled 47 exchange services involved in facilitating anonymous crypto transactions for criminal activities. These platforms bypassed anti-money laundering protocols, enabling cybercriminals to exchange digital currencies without identity…
JPMorgan CEO Jamie Dimon on Fed Rate Cuts: Bigger Economic Problems Ahead
JPMorgan Chase CEO Jamie Dimon has downplayed the significance of Federal Reserve rate cuts, emphasizing that broader economic forces are at play. He cautioned against focusing too much on the…
The Fed is following its 1995 playbook — and that’s great news for stocks and the economy
The Fed’s cutting cycle in 1995 sparked an economic boom, with the stock market more than doubling in value.Kevin Dietsch/Getty, Tyler Le/BI The Fed looks like it’s following the same…
Chinese Tether laundromat, Bhutan enjoys recent Bitcoin boost: Asia Express
Our weekly roundup of news from Asia curates the industry’s most important developments. Dirty Tether laundry service A Chinese court in the northwestern Gansu province has reportedly sentenced ten individuals…
SEC Reviews Proposal for New Bitcoin, Ether ETF Custodians
The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add new custodians for bitcoin and ethereum exchange-traded funds (ETFs). The…
Layer-1 Zero-Knowledge Platform Leaps After Sudden Surprise Coinbase Listing
The native token of a privacy-focused zero-knowledge layer-1 blockchain is on the rise after being listed on the top US crypto exchange by trading volume. Less than 24 hours ago,…
Why Intuitive Machines Stock Rocketed 24% Skyward on Thursday
The stock of space exploration company Intuitive Machines (NASDAQ: LUNR) strongly defied gravity on Thursday. It closed the day more than 24% higher, thanks in no small part to news…
Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy
Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center…
Nike names former executive Elliott Hill as CEO
Nike (NKE) named a new CEO Thursday, sending its stock up nearly 10% in after hours trading as the company attempts to reinvigorate slowing sales growth amid increased competition. Elliott…
Lightning Network-Focused Startup Lightspark Sets Its Sights on Latam
Lightspark hopes to enter Latin America’s cryptocurrency market through its partners in the region, including exchanges like Bitso and fintech institutions like Nubank. Nicolas Cabrera, Lightspark’s vice president of product,…
Nike names company veteran Elliott Hill as new CEO; John Donahoe to retire
(Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its…
Donald Trump said he would not sell his Truth Social stock. But he technically can starting Thursday.
Donald Trump recently said he would not sell his stock in Trump Media & Technology Group (DJT). But, starting Thursday, he will have that option — something that’s not been…
Truth Social’s Stock Keeps Sliding This Week. Here’s Why
Key Takeaways Shares of Truth Social’s parent company fell Thursday, extending the stock’s latest round of declines. The stock traded as high as $70 shortly after its public listing through…
Skechers Stock Tumbles as CFO Gives Warning on China Outlook
(Bloomberg) — Skechers U.S.A. Inc. shares delivered their worst daily performance since February after the footwear company’s chief financial officer told an industry conference that China sales will be under…
Crypto Trader Says Blue-Chip AI Altcoin Primed to Breakout Soon, Updates Outlook on Sui and Fantom
A widely followed crypto analyst says that one marquee artificial intelligence (AI) project is primed to skyrocket soon while updating his outlook on two smart contract platforms. In a new…
Cryptoquant: Coinbase’s cbBTC Could Challenge Bitgo in Wrapped Bitcoin Market
This week, Cryptoquant researchers highlighted a new rivalry heating up in the wrapped bitcoin market, with Coinbase’s cbBTC stepping up to challenge Bitgo’s long-established reign. Coinbase’s Wrapped Bitcoin Token cbBTC…
Is This The End For Ethereum Or A Generational Opportunity?
Este artículo también está disponible en español. Ethereum holders are definitely being tested by some tough times, with recent price action failing to create a bullish perspective for the digital…
EEA Releases DLT Interoperability Specification
19 September 2024 The EEA today released version 1 of its new DLT Interoperability Specification. About the specification This specification provides a standard framework to enable interactions across different blockchains…
Blockchain Industry Players Launch MiCA Crypto Alliance in the EU
The DLT Science Foundation (DSF) has announced its support for the launch of the MiCA Crypto Alliance, with Hedera, Ripple, and Aptos Foundation as founding members. This industry association aims…
Trump Media shares face potential sell-off as insider selling restrictions lift
By Medha Singh and Noel Randewich (Reuters) – While former U.S. President Donald Trump has said he will not sell his $1.7 billion stake in Trump Media after restrictions likely…