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Stocks Dip as Traders Digest US Debate, Yen Gains: Markets Wrap
(Bloomberg) — Asian stocks slipped Wednesday on growth concerns ahead of a US inflation report and as traders weighed the impact of the presidential debate. The yen rose after a…
North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto
The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing…
Stocks falter, dollar defensive after US presidential debate
By Ankur Banerjee SINGAPORE (Reuters) -Asian markets wobbled and U.S. stock futures slipped on Wednesday after Democratic Vice President Kamala Harris and Republican Donald Trump clashed in a keenly-awaited U.S.…
Stocks won’t hit new highs anytime soon and 3 things mean the market is fairly valued, Wells Fargo says
Ian Ross Pettigrew/Getty, Tyler Le/BI The S&P 500 probably isn’t hitting fresh highs anytime soon, according to Wells Fargo. A handful of headwinds will keep a lid on further gains,…
FCA Files First Charges Against Unregistered Crypto ATM Operator in UK
The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents the first prosecution under UK…
Trader Says Solana and Three Additional Altcoins Are His Picks for Longer-Term Accumulation
A closely followed crypto strategist and trader says Solana (SOL) and three additional altcoins are his best picks for longer-term holds. Pseudonymous analyst Altcoin Sherpa tells his 223,400 followers on…
Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation
House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized the Biden administration’s regulatory approach and urged Congress to keep…
Financial Giant State Street Launches 3 Digital Asset ETFs With Galaxy
Financial giant State Street Global Advisors has launched three digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, focusing on blockchain, AI, and volatility management.…
China’s Unworkable Housing Rescue Math Is Prolonging the Crisis
(Bloomberg) — In May, China’s central government urged more than 200 cities to buy unsold homes to ease oversupply. More than three months later, only 29 have heeded the call.…
Hamster Kombat Announces Exchanges That Will List HMSTR After Airdrop
The team behind Hamster Kombat, one of the most successful Telegram-based games, has released information on the exchanges that are confirmed to list its token after the upcoming airdrop. The…
Nvidia stock is on track to double in coming years as AI follows the path of past tech bubbles, portfolio manager says
Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/BI Nvidia stock has a lot more room to run, according to Dan Niles. The Niles Investment founder compared Nvidia…
Maduro Blows Through Venezuela’s Dollar Stockpile in New Threat to Regime
(Bloomberg) — Since declaring himself the winner of July’s presidential vote, Venezuela’s Nicolás Maduro has been condemned by governments across the world, targeted by massive street protests and spurned by…
Bitcoin Sees 2 Consecutive Heikin Ashi Signals On The Weekly Chart, What This Means
Este artículo también está disponible en español. Crypto analyst Jesse Olson has highlighted the second consecutive Heikin Ashi signal on the Bitcoin (BTC) weekly chart. This comes despite Bitcoin’s recent…
What Does This Purchase Say About Billionaire Spending?
Jeff Bezos’ $80M Gulfstream G700: What Does This Purchase Say About Billionaire Spending? Amazon founder Jeff Bezos recently purchased a new $80 million ride: a Gulfstream G700. This advanced private…
From Passing Interests to International Investment: Cryptocurrencies Matter
Whether it is someone with a passing interest in it, perhaps dabbling in the markets with a small investment or two, or one who has a more major investment or…
GameStop reports fall in revenue, files for 20 million share offering
(Reuters) -GameStop said on Tuesday it had filed for an offering of up to 20 million shares, sending its stock down more than 10% in extended trading after the videogame…
Tech leads S&P 500, Nasdaq higher as JPMorgan drags Dow lower
A contract dispute between Disney (DIS) and DirecTV still has not reached a conclusion after the media giant pulled its owned and operated channels, including ESPN and ABC, off DirecTV…
Over $55 Billion in Settlements Between Russia and Turkey Potentially Disrupted by Recent Western Sanctions
Trade settlements between Russia and Turkey via bank transfers are now being disrupted due to the new sanctions enacted against Russia. According to Russian media, the U.S. is currently checking…
Schwab Missed Red Flags in Gold Bar Scam That Cost Elderly Woman $278K, Lawsuit Claims
Scammers posing as federal agents tricked an elderly woman into handing over $278,000, much of it in the form of gold bars. Now, Ruth Rootenberg is suing her brokerage firm,…
Nasdaq rises, Dow falls in whipsaw trading action as inflation report looms
A contract dispute between Disney (DIS) and DirecTV still has not reached a conclusion after the media giant pulled its owned and operated channels, including ESPN and ABC, off DirecTV…
Glassnode Reports Rising Bitcoin Hashrate, ETF Outflows, and Lower Investor Engagement
Glassnode’s latest report reveals a persistent rise in Bitcoin’s hashrate despite falling revenues for miners. Concurrently, investor engagement with exchanges and trade volumes are showing a notable decline, reflecting reduced…
Over 17,000,000 Users Claim Airdrop for TON’s New Dog-Themed Altcoin, Setting Blockchain Record
A record-setting number of users claimed Dogs (DOGS) on the layer-1 blockchain The Open Network (TON) during the new memecoin’s recent airdrop, according to the project’s developers. In a new…
Why ExxonMobil Stock Is Slipping Today
Shares of ExxonMobil (NYSE: XOM) were falling this morning and were down 3.1% as of 11:50 a.m. ET Tuesday, wiping out all of their gains and some from the previous…
Meme Coin Prices Rebound as Pepe Unchained Raises $12.5M in Presale – Best Crypto To Buy?
Meme coins buck last week’s downtrend and embark on a bullish pathway. Among the top gainers are Popcat, Dogs, Dogwifhat, Dogecoin, and Brett, while the new presale token Pepe Unchained…