News | Page 121 | InvestaFeed.com

Dow Rises Above 40000 With Investors Putting Rate Cut in Sight

The Dow industrials closed above the level for the second time, with investors packing up for the weekend feeling confident that an interest-rate cut is around the corner.

News

12 Jul 2024

Big Banks and Customers Continue to Feel Pressure From Higher Rates

JPMorgan and Wells Fargo both reported a drop in quarterly profit, while Citigroup’s profit rose, driven in part by the bank’s cost-cutting measures.

News

12 Jul 2024

DePIN Can Power a More Sustainable GenAI Industry

The AI boom is overloading data centers and straining traditional energy resources. Can decentralization, in the form of DePIN, offer a solution? Mitch Liu, CEO and Co-Founder of Theta Network, makes the case.

Cryptocurrency

12 Jul 2024

Conduct Versus Code May Be the Defining Question in Roman Storm Prosecution

Prosecutors and Roman Storm's attorneys met in court Friday to argue over motions to dismiss the charges against the developer and address evidentiary questions.

Cryptocurrency

12 Jul 2024

Fed Might Focus on Weakening Labor Market Rather Than Inflation as It Mulls Rate Cuts: Economists

A weakening labor market could persuade the Fed to cut rates even as inflation is not yet back to the Fed's 2% goal.

Cryptocurrency

12 Jul 2024

Protocol Village: Pyth’s New ‘Express Relay’ Aims for Decentralized Solution to MEV

The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 11-17.

Cryptocurrency

12 Jul 2024

MakerDAO’s $1B Tokenized Treasury Investment Plan Draws Interest from BlackRock’s BUIDL, Ondo, Superstate

MakerDAO's competition to allocate funds will open next month, and would give a big boost for the $1.8 billion tokenized real-world asset space.

Cryptocurrency

12 Jul 2024

Market Week Ahead: ECB, Inflation, US Earnings, Tech Stocks

There is a lot going on next week including the latest ECB rate decision, a raft of high importance economic data, and a bunch of heavyweight US earnings

Forex

12 Jul 2024

Why Blockbuster Games Will Soon Be Built on Modular Appchains

Mainnets like Ethereum’s aren’t suitable for major (AAA) game development. The only real solution is a horizontally scalable blockchain coupled with modularity and a gas-free experience for end-users, says Jack O’Holleran, CEO of SKALE Labs.

Cryptocurrency

12 Jul 2024

Traditional Money Launderers Appear to Be Using Crypto, Chainalysis Says

The crypto tracing company's latest report shines a light on potential money laundering.

Cryptocurrency

12 Jul 2024

StubHub Delays IPO Launch Due to Choppy Market Conditions

The ticketing marketplace had been eyeing a valuation of about $16.5 billion for its offering.

News

12 Jul 2024

A Couple Won the Powerball. Investing It Turned Into Tragedy.

How high fees and low returns hurt a nonprofit that trusted a local financial adviser

News

12 Jul 2024

CoinDesk 20 Performance Update: XRP Gains Amid Overall Index Decline

The CoinDesk 20 index saw a slight drop with XRP and ADA recording positive movements.

Cryptocurrency

12 Jul 2024

SEC Drops Investigation of Bitcoin L2 Stacks and Builder Hiro, Filing Says

The conclusion of the probe into the company formerly known as Blockstack, which raised $70 million via token sales from 2017 to 2019, is another win for the crypto industry in its years-long struggle with the regulator.

Cryptocurrency

12 Jul 2024

XRP Is the Sole Crypto Major in Green as Bitcoin Bulls Remain Sidelined

BTC prices fell after Thursday’s U.S. CPI readings, dragging down the broader crypto market.

Cryptocurrency

12 Jul 2024

First Mover Americas: BTC Retreats From $60K

The latest price moves in bitcoin (BTC) and crypto markets in context for July 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Cryptocurrency

12 Jul 2024

British Pound Holds At ’24 Highs Vs USD But Starts To Look Stretched

Sterling has had a great run this month, and retains a lot of fundamental support. However it is perhaps in need of a break.

Forex

12 Jul 2024

DEX Aggregator Rage Trade to Issue Token on Buzzy New Layer 1 Blockchain Hyperliquid

Decentralized exchange aggregator Rage Trade has announced plans to issue a new token via a liquidity generation event and a token sale on layer-1 blockchain Hyperliquid.

Cryptocurrency

12 Jul 2024

Dealerships Hopeful EVs Will Bring Back That New Car Smell

When autos become obsolete more quickly, dealers see more return customers.

News

12 Jul 2024

FTSE 100, DAX 40 on track for third straight day of gains as Russell 2000 rallies by over 3.5%

Outlook on FTSE 100, DAX 40 and Russell 2000 as it rallies on rotation out of technology stocks into small caps.

Forex

12 Jul 2024

2K YGG Trading Competition Winners

Congratulations to the 300 winners of the 2K YGG Trading Competition!
Check your User ID (UID) in the list below to see if you made it to the YGG Leaderboards and bagged a share of 2,000 YGG prize pool.

Cryptocurrency

12 Jul 2024

Partior, Blockchain Payment Network Backed by JPMorgan and DBS, Raises $60M Series B

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Cryptocurrency

12 Jul 2024

The Supreme Court Blows Up a Popular Small-Business Succession Plan

Life insurance can help pay for a transfer of ownership after a small-business owner dies. Now it may bring an unexpected tax bill.

News

12 Jul 2024

It’s Time for the Fed to End the Waiting Game

There is no longer any good reason to delay cutting rates. Why wait until September?

News

12 Jul 2024

Iris Energy Has Committed Most of Childress Site to Expansion of Bitcoin Mining: Bernstein

The bitcoin miner’s shares slumped yesterday after a Culper Research report said the site was unsuitable for artificial intelligence and high-performance computing.

Cryptocurrency

12 Jul 2024

The Bitcoin Market Faces An Imbalance Between Supply And Demand

Forex

12 Jul 2024

Japanese Yen Analysis – USD/JPY Trims Losses; Official Intervention or Jawboning?

The Japanese Yen rallied sharply against the US dollar Thursday after weaker-than-expected US inflation data sent the greenback tumbling. Did the BoJ boost the Yen rally?

Forex

12 Jul 2024

Morgan Creek Digital to Raise up to $500M for New Web3 Venture Capital Fund

The new fund will target early stage opportunities in AI, blockchain technology, chips and data.

Cryptocurrency

12 Jul 2024

President Appoints Banker Walter Wassmer to MB

PDate: 7/12/2024
Content: President Ferdinand R. Marcos, Jr. has appointed veteran banker Walter C. Wassmer as a member of the Bangko Sentral ng Pilipinas’ (BSP) Monetary Board (MB).The new MB Member (MBM) joins BSP Governor and MB Chairman Eli M. Rem...

News

12 Jul 2024

Security Incident Report: CoinStats July 12, 2024

Incident Overview

On June 22, 2024, at approximately 18:00 UTC, our team at CoinStats detected abnormal activity related to transfers involving the third-party supported, non-custodial CoinStats Wallet. In response to this event, we immediately too...

Cryptocurrency

12 Jul 2024