Eighty-eight corporate leaders have joined forces in a letter endorsing US Vice President Kamala Harris’ presidential campaign. Chris Larsen, Ripple’s co-founder and executive chairman, was among the signers of the …
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Stock splits have been a big thing this year, with top companies across industries launching these efforts to lower their high-flying stock prices. A stock split, by issuing new shares …
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Bitcoin News
Computer Scientist: Users Will Value Decentralized Systems More as Web3 Tech Matures
by skolnesThe general public is not actively concerned about whether applications are decentralized because they often cannot tell the difference between centralized and decentralized systems, according to Cais Manai, co-founder of …
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Bitcoin News
Largest Japanese Banks to Use SWIFT-Linked Stablecoin System for Cross-Border Payments
by skolnesThe largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the future. The initiative, Project Pax, replaces correspondent banks with blockchain technology, linking …
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Cryptocurrency News
Stocks notch worst weekly decline since March 2023 after August jobs report
by skolnesDon Emmert /AFP/GettyImages US stocks fell sharply on Friday after a weak August jobs report raised recession fears. The S&P 500 had its worst week since March 2023, dropping about …
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Bitcoin News
Serial Entrepreneur: Digital Ecosystem Favors Data Distributors Over Creators
by skolnesAccording to Victor Yu, co-founder of Carv, the current digital ecosystem favors data distributors over data creators. While he acknowledges the usefulness of regulatory frameworks like the General Data Protection …
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Este artículo también está disponible en español. Recent developments show that Ethereum has entered oversold territory. This is undoubtedly a bullish development for the second-largest crypto by market cap, as …
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Zambia’s latest move to restrict foreign currency use in domestic transactions is aimed at stabilizing its currency, the kwacha, according to central bank Governor Denny Kalyalya. The Bank of Zambia …
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Cryptocurrency News
Nvidia stock drops and flirts with key technical levels as investors flee tech
by skolnesAP Photo/David Zalubowski, File; Getty Images; Chelsea Jia Feng/BI Investors continued to sell Nvidia stock, sending the chipmaker 4% lower on Friday. Shares are on track to end the week …
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Cryptocurrency News
Buy the September dip in stocks as the market heads into the best 3-month stretch of the year, strategist says
by skolnesMalte Mueller/Getty Images Nasdaq 100 and S&P 500 declines in September present a buying opportunity, says Ned Davis Research. Weak seasonality data and excessive pessimism readings suggest a strong 4th …