A few years ago, as American consumers were being wooed with “Buy Now, Pay Later” loans that let them pay for online purchases — from makeup to Peloton bikes — in small increments, one startup had an idea: Why not adapt the model to sell outdoor recreation gear, including guns? Thus, Credova was born. Credova… Read More »
Summary: Tech Inquiry has uncovered details on a three-year contract between Coinbase and the Immigration and Customs Agency of the US Department of Homeland Security. Coinbase, through its analytics program, Coinbase Tracer, is allegedly providing the US ICE agency with user information, including geolocation data and transactional history. A representative from Coinbase has denied the… Read More »
Don’t miss a thing! Sign up to the Daily Star’s newsletter The twisted 14-year-old stepbrother of Logan Mwangi who helped his parents kill the five-year-old can finally be named, after he was sentenced for the brutal crime today. Logan was found dead on July 31 last year in the River Ogmore near his home in… Read More »
The global cryptocurrency market is nearing its two-year low, currently valued at $856 billion. Bitcoin and Ethereum continue to struggle with bearish momentum as most crypto assets significantly decline. The upside to the current bear market is the fact that it now makes for an excellent opportunity to purchase undervalued projects that could see substantial… Read More »
Hedge funds have gotten more bearish, according to Jefferies Equity Strategy analyst Steven DeSanctis and his team. Short exposure has increased to levels last seen in 2019, the first pandemic year. According to Jefferies’ analysts, “Big sector shifts drove much bigger OW [Overweight] to Cyclicals, [and] UW [Underweight] to Secular Growth.” Stocks in the health… Read More »
By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin fell further this morning to $19,000, as it trades below the 200-weekly SMA. So far, Bitcoin has not retested this level as resistance, but if it does and rejects back down, this would be a very bearish signal. This is because it would be the… Read More »
On Thursday (June 30), former White House Director of Communications Anthony Scaramucci shared his thoughts on the disapproval by the U.S. SEC of Grayscale Investments’ proposal for its Grayscale Bitcoin Trust (GBTC) to be converted into a spot Bitcoin ETF. As CoinDesk reported earlier today, yesterday (June 29) the Securities and Exchange Commission (SEC) rejected Grayscale… Read More »
After Grayscale’s application to convert its Grayscale Bitcoin Trust (GBTC) into a Bitcoin (BTC) exchange-traded fund (ETF) was denied, the firm launched a legal challenge against the United States Securities and Exchanges Commission. Following these events, the community responded with various reactions, from accusing the SEC of price manipulation to suggesting different solutions. Redditor u/ThatsMRcurmudgeon2u,… Read More »
The futures traded lower on Thursday, as the final trading day for the second quarter began. The major indexes closed mixed Wednesday, as typical quarter-end window dressing by portfolio managers moved shares back and forth throughout the session, with only the Dow Jones industrials closing higher. The third and final gross domestic product reading for… Read More »
Stocks moved mostly higher in early trading on Thursday but have given back ground over the course of the session. The major averages have pulled back off their highs of the session, with the Dow and the S&P 500 falling into negative territory. Currently, the major averages are turning in a mixed performance. While the… Read More »
Thursday’s forecast calls for a high of 86 degrees and a likely chance of showers after 3 p.m. According to the National Weather Service, there is about a 50% chance of rain on Thursday before midnight. Winds could gust as high as 21 mph and temperatures are expected to drop to an overnight low of… Read More »
After a sharp rebound last week, Bitcoin and Ethereum again suffer significant bearish momentum as BTC and ETH prices dip to yearly lows at $19k and $1k, respectively. The bear market is in full effect for crypto and traditional markets. Tech stocks are having their worst year yet, with major stocks like Apple Inc (AAPL)… Read More »
Bitcoin (BTC) has lost the psychological price level of $20,000 as it has regained the previous low of $17,605. Bitcoin bulls and bears have been in a price battle above the $20,000 support level since June 18. The uptrend was hindered as the bulls failed to break through the $21,675 and $23,010 resistance levels. Bitcoin… Read More »
The vast majority of the Shiba Inu ($SHIB) community has voted via DOGGY DAO in favor of “Option A”, i.e. ” Stop BONE farms when they reach 230M minted Bones to save the remaining 20M for validators.” In the upcoming layer 2 blockchain Shibarium, validators are given $BONE token as rewards confirming transactions and creating new… Read More »
A FLOOD of new driving laws will be coming into force from tomorrow. July will see hoards of new rules and regulations designed to boost road safety and reduce emissions. EU speed limiters From July 6, all newly launched cars will be legally required to be fitted with a speed limiter in the European Union.… Read More »
Three closed events will be held in Georgia during the “LGBT Week”. They will be a test of how authorities are able to protect the rights of sexual minorities and prevent violence; it is focused on the conditions of the European Union (EU) for the country’s status as an EU candidate member, analysts have noted.… Read More »
A court in Azov has fined Darya Kulikovskaya, a local resident, finding her guilty of discrediting the Russian Armed Forces, after she has replenished her bank card with a banknote bearing a pacifist slogan. Kulikovskaya said she would appeal against the judgement. Caucasian Knot news Read More
The Krasnodar Territorial Court has ruled to pay 20,000 roubles to Natalia Zagudaeva, a resident of Belorechensk, as compensation for the death of her three-year-old child during the shelling of Grozny in 1999. Caucasian Knot news Read More
Summary: Three Arrows Capital allegedly exceeded the asset under management (AUM) threshold set by the Monetary Authority of Singapore. The MAS also noted that 3AC provided misleading information regarding the management of its fund and changes in company hierarchy. Singapore’s top regulator started looking into the matter in June 2021. The MAS is currently investigating… Read More »
Altcoins are in a downtrend as the price falls below the moving averages. Recent recoveries have all been staved off as cryptocurrencies face renewed selling pressure. Some of the altcoins have reached lower price levels. Synthetix Synthetix (SNX) is in a downward correction as the price fluctuates between moving averages. On June 19, the altcoin… Read More »