
Dow drops 115 points as S&P 500’s six-day rally ends
Wall Street’s momentum stalled Tuesday as investors pulled back from tech stocks and rising bond…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP community member Avengers has drawn attention to how the altcoin is playing a major role in on-demand settlements. This comes as crypto firm Ripple gains ground in its bid to topple SWIFT, which currently leads the way with its payment rails….
Windtree Therapeutics, a Nasdaq-listed company, has announced plans to buy $60 million BNB as part of its push for a cryptocurrency treasury strategy. The company announced on July 16 that it had entered into a securities purchase agreement for $60… Source link
Key takeaways Iurii Gugnin allegedly used his crypto firm to move $530 million through US banks and crypto exchanges using Tether (USDT), facilitating payments for Russian clients tied to sanctioned banks. Gugnin allegedly failed to implement AML regulations and didn’t file suspicious activity reports (SARs), violating the Bank Secrecy Act and misleading financial institutions. Gugnin…
The more people who use the government and financial institutions are, the slower the processing will be, and the fees (so-called gas bills) will rise. This is a problem that many blockchains have had. In particular, this “weight” has become an obstacle to its widespread use in the distribution of rewards, NFT exchanges, and intercompany…
Ethereum pushed down Shiba Inu denied This week Bitcoin hit $122,000 after soaring more than 300% from its lowest points. But as massive whale activity sets off a wave of selling pressure, the initial euphoria has swiftly given way to caution. On the daily chart, Bitcoin made a strong volume-driven breakout above the resistance zone…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin trades below nearly five percent from Monday’s record peak and remained mostly stable after the second consecutive monthly rise in US consumer prices revived uncertainty over the Federal Reserve’s rate-cut timetable. The benchmark cryptocurrency was recently quoted around $116,800, down from…
As the Crypto Week event, aimed at speedrunning three crypto bills, kicked off in DC, Democrats started their own event called Crypto Corruption Awareness Week. Rep. Maxine Waters, Rep. Stephen Lynch, and their comrades are pushing for clauses that will… Source link
Key takeaways: Ether is outperforming Bitcoin this week, with the altcoin reclaiming $3,000. The ETH/BTC pair broke above its 200-day moving average, with the RSI breaking a three-year downtrend, hinting at a structural shift. Fractal analysis suggests ETH could surge to $18,205, with the near-term target at $4,000. After reclaiming the $3,000 level for the…
The rapid rally of XRP has reached a solid wall. The asset dropped more than 3% of its value in a matter of hours, falling from recent highs around $2.95 to below $2.90. Following an overextended run in which XRP gained more than 30% in less than a week, this quick correction highlights how brittle…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Pump Fun, the Solana-based meme coin launchpad, recently debuted its own token, $PUMP, which reached a staggering $5.6B market cap on the very first day of trading. At the time of writing, the market cap sits around $5.04B. The Initial Coin Offering…