Crypto news

The US stock futures were slightly down early this morning as the third-quarter earnings season gained momentum. According to reports, futures tied to the Dow Jones Industrial Average (INDEXDJX: .DJI) lost 46 points, or 0.13%, S&P 500 Index (INDEXSP: .INX) fell 0.13%, and Nasdaq 100 futures were also down 0.12%. US Stock Futures: Monday’s Optimistic Performance During Monday’s primary trading session, the major stock averages managed to close in the green, defying expectations as...

The tech giant also announced that the latest version of ERNIE has been integrated into its suite of services. Chinese technology company Baidu has unveiled the latest version of its generative artificial intelligence (AI) model ERNIE 4.0. The company claims that ERNIE 4.0’s capabilities now match those of OpenAI’s GTP-4 model. The upgrade was announced on Tuesday by Baidu Co-Founder and  CEO Robin Li Yanhong at the Baidu World 2023 conference in Beijing. Li’s presentation highlighted the...

Temu liefert ab sofort auch in die Schweiz. Und dies ziemlich günstig, zum Beispiel diese wasserfeste Airpods, .. und die Lieferung in die Schweiz ist erst noch kostenlos: Was ist Temu? Temu ist ein Online-Marktplatz, der 2022 in den Vereinigten Staaten gegründet wurde und ein Tochterunternehmen der an der US-Technologiebörse Nasdaq gehandelten PDD Holdings Inc. ist. Warum ist Temu so günstig? Ein Grund für die günstigen Preise bei Temu: Es gibt...

ADA price is attempting a fresh increase above the $0.250 zone against the US Dollar. The price is now trading above $0.250 and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $0.2485 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.2550 and $0.2580 levels. Cardano price is holding the $0.250 support against the US Dollar, like Bitcoin. ADA price could gain...

Ethereum price is eyeing an upside break above the $1,640 resistance against the US Dollar. ETH price is now trading above $1,575 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $1,560 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,560 support zone. Ethereum price is consolidating above the $1,560 level against the US Dollar. ETH/USD could rise...

Nishad Singh – FTX’s former director of engineering – revealed more details about the crypto exchange’s profligate spending during his testimony at Sam Bankman-Fried’s fraud trial on Monday. Singh pled guilty to both money laundering and campaign finance violations, breaking down his involvement in the company’s over $100 million in donations to political candidates. Excessive and Flashy Spending As explained by Singh, the executive came to know Bankman-Fried through his...

The United States Securities and Exchange Commission (SEC) has exceeded its mid-October deadline to refute Grayscale’s court win for the approval of a spot Bitcoin exchange-traded fund (ETF). The financial agency will not appeal in court regarding the decision, Reuters reported on October 13th, citing a source familiar with the matter. SEC vs. Grayscale The legal tussle between the American regulator and the asset management firm dates back to last year. Grayscale applied...

In spite of previous high-profile disappointments tied to the crypto industry, such as 3AC and the ill-fated investment into FTX, the Singaporean government has been approving quite a few crypto platforms during the past weeks. The latest to get the preliminary nod is the South Korean giant – UPbit. Spree Of Approvals Ripple, Coinbase,  and smaller players such as Sygnum and GSR have all been awarded an MPI (Major Payment Institute) license by the Singaporean government...

Lawyers representing Sam Bankman-Fried have once again raised concerns about their client’s access to Adderall, a medication prescribed for his ADHD. The legal team is requesting that Bankman-Fried be granted additional Adderall during his hearings, arguing that his concentration and ability to testify in his defense may be affected without access to the medication. SBF’s Lawyers Petition the Court for More Medication According to a letter of motion submitted by...

Vor kurzem hat Lyn Alden, eine ehemalige Wall Street-Analystin, ihr neues Buch Broken Money veröffentlicht. Darin beleuchtet sie das derzeitige System der US-Finanzverschuldung und des Defizits vor dem Hintergrund der anhaltenden Probleme auf dem US-Anleihemarkt. Anleihen mit langer Laufzeit haben den schlimmsten Einbruch ihrer Geschichte erlebt. Lyn stellt eine Frage über den Elefanten im Raum. Warum unser Finanzsystem versagt und wie wir es besser machen können Geld, so Lyn Alden, ist die...