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JPMorgan CEO Warns of Recession Threat, Higher Inflation, Stagflation
JPMorgan Chase CEO Jamie Dimon has raised concerns about stagflation despite signs of easing inflation. Dimon highlighted ongoing risks such as rising deficits and government spending that could pressure inflation.…
Asia Stages Cautious Open After Bleak Chinese Data: Markets Wrap
(Bloomberg) — A gauge of Asian stocks struggled to find direction on Monday as traders weighed the extent of slack in China’s economy after worse-than-expected activity data landed over the…
‘Coming in Hot’ – Top Trader Predicts Rallies for PEPE and One Solana Rival, Says Hard To Be Bearish on Many Altcoins
An analyst known for making crypto bottom calls thinks that memecoin Pepe (PEPE) and one Solana (SOL) challenger are gearing up for breakout rallies. Pseudonymous analyst Bluntz tells his 273,500…
UK Court Recognizes USDT as ‘Distinct Form of Property’
A High Court of England and Wales has ruled that stablecoin tether (USDT) is recognized as property under English law. The court clarified that cryptocurrencies, despite not being physical assets,…
Building a Yield Curve for Defi
While decentralized finance (defi) continues to innovate, it still lacks a critical component that has long been foundational in traditional finance: fixed-income products. I sat down for a great conversation…
Polkadot Decentralizes Ambassador Program
Polkadot’s relaunched Ambassador program lets the community elect its representatives. In this interview, we speak with William, one of the newly elected Head Ambassadors focused on driving enterprise adoption, who…
China gloom vs Wall St vroom
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asia kicks off the trading week on Monday with investors likely to give a big thumbs…
Spellborne: Unveiling More Quests as the Hunt Continues
In her second play session of her new series, Regina continues playing Spellborne. She tackles the remaining main quests from Spellborne’s Season 1. Regina Takes on Season 1’s Remaining Main…
Trump Media Faces $4B Downslide As Shareholders Prepare For Lockup Agreement Expiration
Trump Media Faces $4B Downslide As Shareholders Prepare For Lockup Agreement Expiration Donald Trump‘s media startup Trump Media & Technology Group Corp. has experienced a substantial depreciation in its value,…
Resist the temptation of AI and bet on safe defensive stocks, Wall Street analysts say
Spencer Platt/Getty Images More analysts are recommending “defensive” shares over AI plays as macro conditions change. Utilities, a classic defensive sector, are going toe-to-toe with tech. With some questioning the…
Bitcoin’s Role in Defi Evolves: CMC Research and Footprint Analytics Report
Coinmarketcap (CMC) Research and Footprint Analytics have released a thorough report exploring the swift expansion of decentralized finance (defi) on the Bitcoin blockchain. The report delves into Bitcoin’s evolving role,…
How capitalism will keep AI from ruining everything
A version of this article first appeared on TKer.co (AI) is right now. are bullish on the promise of taking mountains of data, processing it, and producing cost-effective goods and…
RWA Tokenization Leader Rexas Finance (RXS) Announces Presale Date
PRESS RELEASE. Rexas Finance (RXS), a pioneer in real-world asset (RWA) tokenization, has just announced the date for its highly anticipated presale, set to begin on September 8th, 2024. With…
Venture Capitalist Chris Burniske Says Subtle Signs of Crypto Bull Market Flashing Amid Depressed Sentiment
Investor and former crypto analyst at ARK Invest Chris Burniske says that digital assets are showing subtle signs of an early bull market move. Burniske, a partner at venture capital…
Coinbase-Led Advocacy Group Launches Legal Defense Fund for NFT Projects
A digital assets advocacy group backed by Coinbase is launching a multimillion-dollar legal defense fund for non-fungible token (NFT) projects. In a new thread on the social media platform X,…
Scammers Using AI to Clone Voices, Drain Bank Accounts As Deloitte Forecasts $30,000,000,000 in AI Losses by 2027
Artificial intelligence is fueling billions of dollars in losses to scams as criminals clone people’s voices to compromise credit cards and bank accounts. The classic scam where victims receive a…
New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets
A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission…
Prediction: This Tech Stock Could Take Off After the iPhone 16 Launch (Hint: It’s Not Apple)
Apple‘s much-awaited Sept. 9 event is finally in the rearview mirror, and it would be safe to say that there was nothing much to be surprised about. The technology giant revealed…
Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC
Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last…
VC Founders Summit: The Largest Convergence of Investors and Founders Set to Take Place in Singapore
PRESS RELEASE. [Singapore, 2024] – The much-anticipated VC Founders Summit is set to take place on September 21st, bringing together venture capitalists, industry leaders, and innovators to shape the future…
Gary Cohn says Fed rate cuts already priced into mortgage market
(Bloomberg) — The Federal Reserve’s expected rate cuts this week won’t provide much relief to homebuyers facing high borrowing costs, according to Gary Cohn, who served as chief economic adviser…
Experts warn big moves would be a mistake
Wall Street’s great debate — a Fed rate cut — is back in the spotlight. This time, it’s not whether the Jerome Powell led central bank will act at its…
Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes
An Indian High Court has ruled that police cannot freeze entire bank accounts during fraud investigations. Only fraud-related amounts in bank accounts can be frozen. The decision followed a case…
The Ultimate Growth Stock to Buy With $200 Right Now
If you’re looking for a growth stock to help you build wealth for retirement, it’s not enough to just pick a stock of any growing company that is regularly hitting…