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US Stock Futures Fall as Traders Brace for Jobs: Markets Wrap
(Bloomberg) — US stock futures fell and the dollar weakened as traders prepared for jobs data that will be critical in determining the size of a Federal Reserve interest rate…
Mastercard Launches Crypto Debit Card for Self-Custodial Wallets in Europe With Mercuryo Partnership
Mastercard has announced the launch of a new crypto debit card in Europe through a partnership with Mercuryo. This innovative card allows users to spend over 40 different cryptocurrencies directly…
Ripple Seeks To Pause Fines As Legal Battle With The US SEC Continues
In a significant turn of events, a stay of the monetary penalties has been requested by the behemoth payment firm Ripple Labs as its lengthy legal dispute with the United…
FTC Urges Caution as Bitcoin ATM Fraud Cases Skyrocket
The Federal Trade Commission (FTC) has reported a sharp rise in scams involving bitcoin ATMs, with fraud losses increasing nearly tenfold from 2020 to 2023 and exceeding $65 million in…
Markets on tenterhooks ahead of key US jobs data
By Stella Qiu SYDNEY (Reuters) – Asian shares clung to tight ranges and the dollar nursed losses on Friday, with investors on tenterhooks ahead of U.S. jobs data that could…
BTC Price Could Crack $50,000 If This Important Level Does Not Hold
Este artículo también está disponible en español. Bitcoin (BTC) has been on a severe downward trend for the past few months, experiencing multiple price fluctuations amidst broader market volatility. A…
India’s FIU Considers Approving More Offshore Crypto Exchanges
India’s Financial Intelligence Unit is reportedly reviewing four offshore cryptocurrency exchanges for potential approval to resume operations following the lifting of bans on Binance and Kucoin. The focus is on…
Nigerian Scammer’s Crypto Wallet Seized by Kansas Attorney General
Kansas Attorney General Kris Kobach announced the recovery of an international crypto wallet and stated that the funds will be returned to a Kansas resident defrauded in a crypto scam.…
Proposals to tax unrealized capital gains would ‘kill the stock market,’ billionaire investor Mark Cuban says
BRENDAN SMIALOWSKI/Getty Images Mark Cuban said that taxing unrealized capital gains would “kill the stock market.” President Joe Biden proposed taxing unrealized gains for people worth over $100 million. Kamala…
Financial Action Task Force of Latin America States Bitcoin Has Not Reached a ‘Significant Impact’ in El Salvador
The Financial Task Force of Latin America (GAFILAT) released an evaluation of the state of El Salvador regarding compliance with international anti-money laundering requirements. The institution found that, while El…
Tether for treason in Taiwan, East’s crypto exchange resurgence: Asia Express
Taiwan military officers exposed in cryptocurrency espionage Two Taiwanese military officers have been indicted on charges of selling sensitive government information to mainland Chinese contacts in exchange for cryptocurrency payments,…
Head of the State Duma’s Financial Market Committee: National Digital Currencies to Be Considered for Bilateral Settlements Between China and Russia
Anatoly Aksakov, head of the State Duma’s Financial Market Committee, has discussed the use of national digital currencies for bilateral settlements between Russia and China. In a recent interview with…
Ethereum (ETH) Triangle Formation Hints At A Double Bottom: Breakout and New ATH?
Este artículo también está disponible en español. Ethereum is trading near its yearly low of $2,400 after an 18% drop from local highs. ETH has notably underperformed compared to Bitcoin…
Coinbase Adds Support for Highly-Anticipated Polygon (MATIC) Re-Brand Token Polygon Ecosystem Token (POL)
Top US-based crypto exchange Coinbase is adding support for the Polygon’s (MATIC) highly anticipated rebrand to the Polygon Ecosystem Token (POL). In a new announcement, Coinbase Assets says it’s adding…
Broadcom Slides After Sluggish Non-AI Sales Hurt Forecast
(Bloomberg) — Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, fell in late trading after delivering a disappointing sales forecast, hurt by the portion of…
Broadcom Stock Falters After Company Reports Loss, Disappointing Revenue Outlook
Investopedia / Photo Illustration by Alice Morgan / Getty Images Key Takeaways Broadcom posted a loss in its fiscal third quarter, primarily due to acquisition-related amortization costs. The company is…
Bullish or Bearish? What’s Next for Bitcoin Amid Mixed Market Sentiment
On Sept. 5, 2024, bitcoin held steady, floating just above the $56K mark, sparking ongoing debates about its market direction. Some speculate that bitcoin might be entering a bearish phase,…
Intel Is Exploring Sale of Part of Stake in Mobileye
(Bloomberg) — Intel Corp. is considering options for its stake in its struggling automated driving systems provider Mobileye Global Inc. as part of a major strategy overhaul, people with knowledge…
Litecoin Looks Poised To Explode As Grayscale Buys 10,000 LTC
Este artículo también está disponible en español. Litecoin (LTC) is set to enjoy a significant price increase due to massive buying pressure from institutional investors like Grayscale. A recent analysis…
Nexo Reopens UK Registrations With Enhanced User Protections
Nexo, a crypto lending platform known for offering instant crypto-backed loans and high-yield interest accounts, has resumed new user registrations in the United Kingdom after a 10-month hiatus, implementing enhanced…
Broadcom raises annual AI revenue estimate on demand for custom chips
(Reuters) -Chipmaker Broadcom (AVGO) raised its forecast for fiscal 2024 artificial intelligence revenue, citing higher demand for networking equipment and growing orders for its custom chips business. However, the company…
The US economy may be on ‘thinner’ ice than investors think
Investors are increasingly confident the US economy will achieve a “soft landing,” a scenario in which higher interest rates lead to lower inflation without a major hit to economic growth.…
If I Buy A $100,000 Annuity, How Much Cash Will It Pay Me Each Month?
If I Buy A $100,000 Annuity, How Much Cash Will It Pay Me Each Month? An annuity is like a personal pension plan you buy for yourself. You give an…
86 Million Tokens Set for Distribution in Eigenlayer’s Season 2 Stakedrop
The Eigen Foundation has launched its Season 2 stakedrop, offering EIGEN tokens to stakers, ecosystem partners, and community members who contributed to the Eigenlayer network. Token claims will open on…