InvestaFeed.com | Page 149 | Digital Currency, Stock Market, and Investment News from your Reliable Sources Channel

The Rise in Consumers’ Late Debt Payments Is Slowing Down

Delinquent debt payments are still mostly higher than they were a year ago, but are trending in the right direction for now.

News

30 May 2024

UBS Kicks Off Succession Race, Promoting Two CEO Candidates

Sergio Ermotti, the incumbent chief executive, has said he expects to leave by around early 2027.

News

30 May 2024

Big Oil Companies Will Just Keep Getting Bigger

ConocoPhillips is the latest to bulk up as investors pay up for size.

News

30 May 2024

Bitcoin Traders Warn of Pullback as U.S. Inflation Data Looms; Dogecoin Leads Majors Slide

Crypto markets are expected to remain shaky ahead of Friday’s U.S. inflation data release, one trading desk said.

Cryptocurrency

30 May 2024

Dow and Nikkei 225 Hit by Selling, Nasdaq 100 Losses Contained for Now

While the Nasdaq 100’s losses have been relatively limited, both the Dow and the Nikkei 225 have suffered heavy losses.

Forex

30 May 2024

MEW and LOCUS Animation Studio Set to Create New 3D Animated Series

In a move to blend blockchain technology and storytelling, the Solana cat-themed memecoin MEW is partnering with LOCUS Animation Studio to create a new 3D animated series. This collaboration aims to entertain a global audience, showcasing MEW’s vibrant character in a whole new way.

Cryptocurrency

30 May 2024

Singapore’s Largest Bank DBS Is an Ether Whale With Nearly $650M in ETH: Nansen

The address has already made $200 million from its ether holdings.

Cryptocurrency

30 May 2024

You Can Thank Private Equity for That Enormous Doctor’s Bill

Private-equity investors have poured billions into healthcare but often game the system, hurting both doctors and patients. This is the first in a three-part series on concentration in American healthcare.

News

30 May 2024

Gold (XAU/USD) Eyes Support, US GDP and Core PCE on the Horizon

The recent push higher in global bond yields is weighing on the precious metal as two key US economic data releases near.

Forex

30 May 2024

Chiliz’s CHZ Token Pre-UEFA Euro Price Surge Revives FIFA Memories

CHZ has surged over 20% in seven days, the third-biggest gain among the top 100 cryptocurrencies by market value.

Cryptocurrency

30 May 2024

BlackRock Amends Ethereum ETF Application; Bloomberg’s Balchunas Sees ETF Going Live By June

A 'Seed Capital Investor' has purchased 400,000 shares of the proposed filing, BlackRock revealed in its document.

Cryptocurrency

30 May 2024

President Marcos Welcomes UNSGSA Queen Máxima and BSP Governor in Malacañang

PDate: 5/30/2024
Content:
Photo shows President Ferdinand R. Marcos, Jr. (middle right), Her Majesty Queen Máxima of the Netherlands (middle left), the United Nations Secretary-General's Special Advocate for Inclusive Finance for Development (...

News

30 May 2024

This Record Stock Market Is Riding on Questionable AI Assumptions

Just four giant technology stocks added more market value than the rest of the S&P 500 put together this month. More than half of the gain came from Nvidia.

News

30 May 2024

The FDIC Chairman Is Resigning Under a Cloud. He’s Still in Charge.

After investigations revealed a toxic workplace at the banking regulator, the chairman told staff that he would step down once a successor is confirmed.

News

30 May 2024

BHP-Anglo Deal Is Off—the Mining Land Grab Is Still On

The world’s most valuable mining company couldn’t persuade Anglo American to sell, but the story doesn’t end here.

News

30 May 2024

Gold Price Trade Setup: Bearish Scenario Contingent on Support Breakdown

This article explores a bearish trade setup for gold prices, pinpointing a critical support area that, if breached, could signal a deeper pullback on the horizon.

Forex

29 May 2024

U.S. Lawmaker at Center of Crypto Negotiation Predicts Digital Assets Law by Next Year

Rep. Patrick McHenry (R-N.C.) vowed the crypto industry won't have long to wait to get U.S. regulations, now that the U.S. House of Representatives has shown the way.

Cryptocurrency

29 May 2024

U.S. Treasury Isn’t Trying to Ban Crypto Mixers, Top Official Says

FinCEN’s 2023 proposal to require crypto companies to report transactions that involved mixing is about transparency, not banning mixers, said Brian Nelson, U.S. Treasury undersecretary.

Cryptocurrency

29 May 2024

Crypto Is a Core American Issue, Consensys’ Joe Lubin Says

The Ethereum co-founder discusses why his firm decided to sue the SEC on stage at Consensus 2024.

Cryptocurrency

29 May 2024

NYSE Would Consider Crypto Trading If Regulatory Picture Were Clearer, President Says at Consensus 2024

NYSE President Lynn Martin and Bullish CEO Tom Farley discussed crypto regulations, changing U.S. politics and the limitations and opportunities of blockchain tech to improve traditional markets.

Cryptocurrency

29 May 2024

Web3 Digital Identity Network Galxe Crafts Own Layer-1 Blockchain Gravity

Gravity's first iteration will go live this June, with plans for the final version with staking and restaking to launch in the second quarter of 2025.

Cryptocurrency

29 May 2024

Is Crypto on the Cusp of a Bull or Bear Market? Using Consensus 2024 as a Barometer

Conference attendees give their say on market sentiment.

Cryptocurrency

29 May 2024

Rising Bond Yields Weigh on Stocks

The Dow, S&P and Nasdaq all fell after bond yields climbed to their highest level in a month.

News

29 May 2024

U.S. Treasury Describes NFTs as ‘Highly Susceptible to Use in Fraud and Scams’

"The report determines that illicit actors can use NFTs to launder proceeds from predicate crimes," the Treasury said.

Cryptocurrency

29 May 2024

TradFi Rushes In: Goldman Sachs Digital Assets Lead Matthew McDermott on the Institutional Embrace of Tokenization

The financial industry veteran discusses ETFs, tokenization and future banking blockchain opportunities at Consensus 2024.

Cryptocurrency

29 May 2024

The Protocol: Behind the Scenes as Big-Tent Consensus Goes Up

We took a spin through some of the side events and preparations taking place Tuesday ahead of CoinDesk's annual conference, which starts Wednesday in Austin.

Cryptocurrency

29 May 2024

U.S. House’s Emmer Says Best Hope for Crypto Legislation Is Year-End Session

Despite the crypto industry's high-profile recent wins in Congress, major legislation faces a massive practical roadblock in the Senate, U.S. Rep. Tom Emmer (R-Minn.) acknowledged Wednesday, saying that chamber will want its own say in a big crypto bil...

Cryptocurrency

29 May 2024