Crypto News
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A Tesla shareholder filed a lawsuit on Thursday (May 30) accusing CEO Elon Musk of insider trading when he sold over US$7.5 billion of shares of the electric car maker in late 2022, saying the billionaire entrepreneur sold the shares before potentially disappointing production and delivery numbers were made public. Shareholder Michael Perry, in the lawsuit ...
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A former investment banker, who was formerly a registered broker with the Financial Industry Regulatory Authority, was sentenced today to three years and five months in prison for a fraud scheme that resulted in approximately $1.5 million in investor losses and for a separate access device fraud scheme. According to court documents, from November 2020 to ...
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The question “what is a stablecoin” has gained the interest of many crypto fanatics within the cryptocurrency ecosystem. Throughout this crypto guide, we’re going to discuss what stablecoins are, the different types of stablecoins, as well as an overview of use cases. If this is your first time on our website, our team at Trading Strategy Guides welcomes ...
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Business conditions in the Chinese manufacturing sector improved at a more pronounced rate midway into the second quarter of 2024. Production growth accelerated amid rising new orders. This led to faster accumulation of backlogged work, while purchasing activity also rose. Firms were hesitant to hire additional workers, however, even as sentiment about the ...
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Marco Santori, Kraken's chief legal officer, sat down with CNBC Crypto World, to explain why the crypto exchange is moving to dismiss the case against them and what's next as it relates to the SEC's lawsuit. He also weighed in on recent regulatory developments in crypto in the U.S. compared to other regions around the world.
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video VanEck CEO Jan van Eck sees a major sentiment shift underway in the cryptocurrency market linked to the U.S. Securities and Exchange Commission’s approval of a rule change allowing for Ethereum exchange-traded funds. “This is really one of the most amazing things that I’ve seen in my career with respect to securities regulation,” van Eck told CNBC’s ...
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The main drivers behind the remarkably resilient American consumer are losing steam at the same time, suggesting a recent pullback in household demand may be more than just a ...
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Two interest rate moves are up for decision this week, US jobs data for May, Chinese trade data (also for May), and Australian economic growth for the first quarter. Additionally, ...
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The Federal Reserve will face a significant risk of losing its independence to ramped-up political interference if Donald Trump is elected president again, according to the latest ...
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post: FED'S KASHKARI: LIKELY WE HOLD RATES FOR QUITE A WHILE: FT FED'S KASHKARI: SHOULD ERR ON TAKING OUR TIME TO CUT RATES: FT FED'S KASHKARI: US RESILIENCE REQUIRES HIGH RATES FOR AN EXTENDED PERIOD: FT FED'S KASHKARI: COSTS OF PREMATURELY DECLARING VICTORY ARE HIGH: FT
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Business conditions in the Chinese manufacturing sector improved at a more pronounced rate midway into the second quarter of 2024. Production growth accelerated amid rising new ...
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China's Ministry of Commerce stimulus effort, announcing plans to facilitate: • Trade-in programs for consumer goods. • Aiming to increase second-hand vehicle transactions by 45% ...
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Ethereum price closed May 2024 above the $3,761 mark, reflecting a 24% growth performance, recent surge in ETH 2.0 staking could spark another major rally in June 2024. Investors deposited $660M into ETH 2.0 staking contracts in the last 72 hours: Ethereum continues to dominate the crypto market headlines as investors brace up for the ETH ETFs official ...
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It’s been a landmark year for digital assets, but a move into the mainstream is making price swings less wild, diminishing a key attraction for many investors and poised to shake up growth of the biggest revenue source for exchanges such as Coinbase Global Inc. Despite posting higher-than-forecast first-quarter revenue and profit, the largest US crypto ...