Crypto News
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Jim Simons, the mathematician-investor who created what many in finance consider the world’s greatest moneymaking machine at his secretive firm, Renaissance Technologies, has died. He was 86. He died today in New York City, according to his charitable foundation, which didn’t cite a cause. In turning from academia to investing as he entered his 40s, Simons ...
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The New York City Police Department is asking for the public's help in identifying three suspects allegedly involved in the robbery of a man in a Manhattan hotel room last month in what the victim believed was a cash-for-crypto deal. The NYPD said the 40-year-old male victim claims a friend arranged a meeting for him at the Sonder Battery Park Hotel with an ...
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Monthly real gross domestic product (GDP) is estimated to have grown by 0.4% in March 2024, following growth of 0.2% in February 2024 (revised up from 0.1% growth in our previous publication) and an unrevised growth of 0.3% in January 2024. Real gross domestic product is estimated to have grown by 0.6% in the three months to March 2024, compared with the ...
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The EigenLayer crypto project is set to hand out a new token that’s become the most hyped digital-asset launch of the year, as well as one of the most controversial because of exclusions imposed on users in the US, China and elsewhere. The decentralized finance — or DeFi — protocol has lured $14 billion in assets since January after a soft launch in 2023, ...
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An application for a rule change that would have allowed Grayscale Investments to offer an Ethereum futures exchange traded fund has been withdrawn—puzzling some analysts. According to a Securities and Exchange Commission (SEC) filing on Tuesday, the NYSE Arca Inc., the exchange on which the fund would have traded, had withdrawn the request on May 3. "On ...
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The worldwide Purchasing Managers' Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade expanded at the start of the second quarter of 2024, ...
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Royce Mendes, managing director and head of macro strategy at Desjardins, joins to discuss the health of the Canadian consumer as retailers post cautious outlooks. Mendes says ...
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China urged the U.S. to create an enabling environment for bilateral relations and cooperation across various fields, noting that the generalization of the concept of national ...
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Consumer sentiment plunged to the lowest level in six months as price increases reaccelerated, according to the latest University of Michigan survey of consumers, released Friday. ...
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UK gross domestic product (GDP) is estimated to have increased by 0.6% in Quarter 1 (Jan to Mar) 2024, following declines of 0.3% in Quarter 4 (Oct to Dec) and 0.1% in Quarter 3 ...
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post: FED'S LOGAN: IT IS TOO EARLY TO THINK ABOUT CUTTING RATES. post: FED'S LOGAN: THERE ARE UNCERTAINTIES IF POLICY IS SUFFICIENTLY RESTRICTIVE. post: FED'S LOGAN: IT IS NOT A SOFT LANDING YET. post: FED'S LOGAN: I STILL SEE GOOD REASONS WHY INFLATION WILL HIT 2%. post: FED'S LOGAN: THE NEUTRAL INTEREST RATE LEVEL MAY HAVE RISEN.
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Dogecoin (DOGE), the world's largest meme cryptocurrency by market value, seems headed toward a repeat of the bullish "golden cross" technical pattern that presaged the early 2021 surge. DOGE, which has a market cap of about $22 billion, has demonstrated remarkable performance this year, with a price surge of over 70% and significantly outpacing the near ...
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Bitcoin pulled back just a little bit during the trading session on Thursday, as we continue to look at the $60,000 level as a potential support level. All things being equal, this is a market that I think a lot of people are looking to pick up cheap Bitcoin if and when they can, and we are most certainly in an area where we could see a lot of interest in ...
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Grayscale Investments’s first-quarter revenue was flat after the issuer of the world’s largest cryptocurrency investment vehicle decided to hold the line on fees for its flagship Bitcoin exchange-traded fund. The operator of the Grayscale Bitcoin Trust had $156 million in revenue, little changed from the fourth quarter, according to a shareholder letter ...