InvestaFeed.com | Page 152 | Digital Currency, Stock Market, and Investment News from your Reliable Sources Channel

A16z Boosts Crypto’s Election Fund by Another $25M to Seek Friendly Congress

A $25 million donation from Andreessen Horowitz (a16z) hit the campaign coffers of the industry's U.S. political action committee (PAC), according to a Thursday announcement from the firm, putting the amount raised by some of crypto's biggest names at ...

30 May 2024

Crypto voters are already disrupting the 2024 election — and it’s set to continue

Crypto voters have become a new battleground for the 2024 presidential election, in a bipartisan shift that has taken Washington by surprise.

30 May 2024

PEPE whale up nearly $5M on investment within a month

The memecoin whale made an over 52% return on its initial investment within a month, despite PEPE’s price falling over 17% from its all-time high.

30 May 2024

NYDFS Issues New Crypto Firm Guidance for Consumer Complaints

New York’s top financial regulator has issued new guidance which requires cryptocurrency service providers to collect relevant data to assess whether they are resolving customer service requests and complaints in a timely and fair manner, it announced ...

30 May 2024

Ether Spot ETFs to See Much Lower Demand Than Bitcoin Versions, JPMorgan Says

Ether spot ETFs could attract as much as $3 billion of net inflows this year, the report said.

30 May 2024

US Crude Oil Prices Return More Gains As Market Looks To Inventories, OPEC

Uncertainty about the path of interest rates continues to dominate a market not short of likely positives elsewhere

Forex

30 May 2024

Bitcoin Staking Project Babylon Raises $70M Led by Paradigm

The funding round included contributions from Polychain Capital and the venture arm of crypto exchange and CoinDesk parent company Bullish.

30 May 2024

Crypto Hacks, Rug Pulls Led to $473M Worth of Losses in 2024: Immunefi

More than $473 million worth of cryptocurrency has been lost to hacks and rug pulls in 2024, according to a report by security researcher Immunefi

30 May 2024

US Dollar Index Edges Lower, US Q1 GDP Second Estimates Prints at 1.3%

The second look at US Q1 GDP showed the US economy expanding by 1.3%, inline with market expectations.

Forex

30 May 2024

Ether Put-Call Ratio Hits One-Year High, Hints at Bullish Bias Despite Pause in Rally

The uptick signals a bullish outlook, according to Wintermute.

30 May 2024

First Mover Americas: Crypto in the Red Ahead of Friday’s U.S. Inflation Data

The latest price moves in bitcoin (BTC) and crypto markets in context for May 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

30 May 2024

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.

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.

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.

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.

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.

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.

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.

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.

29 May 2024