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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On Sunday (June 2), bitcoin (BTC) gained 0.11%. After rising by 0.30% on Saturday (June 1), BTC ended the week down 0.95% to $67,792. US economic indicators from Friday (May 31) and US BTC-spot ETF flow trends resonated over the weekend. Despite sticky inflation, the US Personal Income and Outlays Report raised investor bets on a September Fed rate cut. ...
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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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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% by 2027. • Will offer subsidies to car owners who scrap cars and replace them with new electric vehicles (NEVs).
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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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Claudia Sheinbaum is set to become Mexico’s first female leader in a landslide victory, capitalizing on outgoing President Andres Manuel Lopez Obrador’s popularity while also ...
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WTI Crude Oil: chart The West Texas Intermediate Crude Oil market has been all over the place during the trading week, and even sold off quite violently on Friday. However, we remain in the same general vicinity that we have been in for a while, and I think at this point we are more likely than not to continue to see a lot of volatility and of course a ...
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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 ...