Crypto news

As we juggle careers, families, and personal aspirations, the thought of retirement might seem distant. Yet, the financial landscape for our generation presents unique challenges that deserve our attention now. By addressing these challenges head-on, we can pave the way for a brighter and more secure future, all while living our best lives today. Today’s Challenges: The Income Reality Our incomes today are the foundation of our financial future. However, it’s no secret that gender pay gaps...

WiFi Map, a leading player in the decentralized physical infrastructure network (DePIN) space, proudly announces a remarkable milestone as it crosses the 170 million users mark on its popular mobile app. This achievement not only highlights WiFi Map’s commitment to its mission but also signifies a substantial step toward its goal of bridging the global digital divide. The WiFi Map app, known for its innovative approach to connectivity, enables users to discover, share, and access WiFi...

Former BlackRock managing director Steven Schoenfield, who now serves as the CEO of MarketVector Indexes, predicts that the U.S. SEC will approve a Spot Bitcoin ETF within three to six months. Schoenfield shared this estimate during a panel discussion on ETFs at CCData’s Digital Asset Summit in London, where he was joined by another ex-BlackRock director, Martin Bednall, now CEO of Jacobi Asset Management. SEC’s ETF Approval Could Come Sooner Schoenfield’s response came after...

Market participants have been particularly attentive to any signals that the Federal Reserve may continue to raise interest rates. A recent report from the Labor Department has revealed that initial filings for jobless claims or unemployment benefits for the week ended September 30th reached a seasonally adjusted 207,000. While this statistic represents a 2000 rise over the previous figure, it fell short of the Dow Jones consensus projection of 210,000, indicating that the job market...

Amid the ongoing trial of FTX co-founder and former CEO Sam Bankman-Fried, a report has surfaced stating that some of the company’s employees based in the United States found a hidden backdoor allegedly used by Alameda Research to siphon billions worth of customer funds from FTX, six months before the crypto exchange’s eventful fall. The firm’s top management fired the leader of the FTX team, who discovered the secret backdoor for Alameda. FTX Employees Alerted Exec About...

Ripple’s price has been showing a slight uptrend, retracing toward the 200-day moving average on the daily chart. However, if the cryptocurrency successfully breaks above the 200-day moving average and the significant resistance zone at $0.55, the market will probably shift into a bullish trend. XRP Analysis By Shayan The Daily Chart Upon analyzing the daily chart, Ripple’s price experienced a notable rejection, leading to a phase of consolidation. It retraced slightly toward...

Alstom highlighted reasons for the free cash flow reduction for H1 of the fiscal year, and predicted a reduced figure for the full year. Shares in French train manufacturer Alstom crashed by more than 35% following a reduction in the company’s forecast for free cash flow. As of this writing, Alstom shares are selling at €13.76, a 35.88% plunge from its previous close at €21.46. Alstom published a press release containing preliminary financial information for the first half of fiscal...

The company initially planned to test its internet satellites aboard ULA’s new Vulcan rocket earlier this year. However, the e-commerce giant faced an unforeseen setback when the rocket experienced an explosion. Amazon is set to take its internet satellite “Project Kuiper” on its first mission to space on Friday, October 6. In a recent announcement on Tuesday, the company said that Project Kuiper will be taking a “protoflight” mission into space with the launch of two test satellites,...

The recent halts in the trading of Metro Bank’s shares on the London Stock Exchange come on the heels of reports that the Bank was seeking to raise $727 million in debt and equity.  In a surprising turn of events, shares of Britain’s Metro Bank Holdings PLC (LON: MTRO) experienced a dramatic plunge, leading to not one but two suspensions on the London Stock Exchange (LSE) in the early hours of today’s trading. Metro Bank’s Volatile Slide According to recent reports, Metro Bank shares...

With the massive fundraise, Anthropic will focus on making significant developments on Claude Next and increase spending to boost its AI model. A week after raising $1.25 billion from tech giant Amazon, OpenAI rival firm Anthropic has tapped Google and others to raise an additional $2 billion in fresh funding. Google had already picked up a 10% stake in Anthropic last year in 2022. Sources familiar with the matter stated that Google is planning to raise its stake further. The two-year-old...