Crypto News
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A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him a “scapegoat” and failing to take its share of responsibility for missing the trades. Kavish Kataria, who was dismissed from the bank’s Delta One desk last year, said the profits and losses on his trades were reported on a daily basis to ...
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Bitcoin mining in Iran produced a possible $1 billion in revenue in 2021. Iran has used crypto to evade sanctions and fund terrorist groups, claims Senators Warren and King. Senators Warren and King want the Biden administration to outline steps taken to address threats posed by Iran's mining operations. In a letter on May 1, US lawmakers Senators Elizabeth ...
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On Saturday, January 3, 2009, Bitcoin was born. With the creation of the very first Bitcoin block—known as the 'Genesis Block'—the first set of 50 BTC was mined into existence. This genesis block is considered the start of the Bitcoin blockchain—and the beginning of the cryptocurrency revolution. Many would argue that the day it was minted represents ...
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Total nonfarm payroll employment increased by 175,000 in April, and the unemployment rate changed little at 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in social assistance, and in transportation and warehousing. This news release presents statistics from two monthly surveys. The household survey ...
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Bitcoin mining in Iran produced a possible $1 billion in revenue in 2021. Iran has used crypto to evade sanctions and fund terrorist groups, claims Senators Warren and King. Senators Warren and King want the Biden administration to outline steps taken to address threats posed by Iran's mining operations. In a letter on May 1, US lawmakers Senators Elizabeth ...
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The pound-dollar pair traded sideways in the last session. The Rate of Change (ROC) indicator is signaling positivity. Bitcoin gained 0.9% against the dollar in the last session. However, the ROC is giving a negative signal, indicating potential downward movement. The oil-dollar price remained largely unchanged in the last session. Despite this, the ...
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Hiring likely continued at a brisk pace in April as investors look for any cracks in the labor market that could sway the Federal Reserve. Nonfarm payrolls are expected to show a ...
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Seth Harris, Burnes Center for Social Change Senior Fellow at Northeastern University, discusses the current status of the economy and the labor market ahead of the April Jobs ...
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Total assets on the Fed’s balance sheet fell by $77 billion in April, to $7.36 trillion, the lowest since December 2020, according to the Fed’s weekly balance sheet today. Since ...
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Total nonfarm payroll employment increased by 175,000 in April, and the unemployment rate changed little at 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job ...
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The pound-dollar pair traded sideways in the last session. The Rate of Change (ROC) indicator is signaling positivity. Bitcoin gained 0.9% against the dollar in the last session. However, the ROC is giving a negative signal, indicating potential downward movement. The oil-dollar price remained largely unchanged in the last session. Despite this, the ...
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video Bitcoin found support at 56,500 on Wednesday following a drop below a lower trendline earlier in the session that formed a wedge pattern. That bull wedge pattern was negated by the drop as Bitcoin broke down from the pattern instead of up. However, support was seen just shy of the first target zone from 56,168 to 56,159. That price target consists ...
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Coinbase reported better-than-expected revenue in its first-quarter earnings report on Thursday. The stock was trading about 4% lower in extended trading. Here’s how the company did, compared to analysts’ consensus from LSEG. Earnings: $4.40 per share. That may not be comparable to the $1.09 average analyst estimate. Revenue: $1.64 billion vs. $1.34 billion ...