Ongoing regulatory pressure has created a difficult working terrain for the banking partners of Binance.US. Binance.US has told its customers that they may not be able to buy crypto with their US dollars from June 13. The Thursday announcement follows after the Securities and Exchange Commission (SEC) filed a lawsuit against the exchange and its founder Changpeng Zhao (CZ) on Monday. SEC insists that Binance had violated the country’s securities laws. The exchange, on the other hand, says...
Read More »‘We’ve Seen Some Really Incredible Breakthroughs on Generative AI,’ Meta CEO Mark Zuckerberg Says
Meta will work towards making these AI capabilities accessible to people. Mark Zuckerberg recently revealed that Meta (NASDAQ: META) has been experiencing “incredible breakthroughs” in its use of generative artificial intelligence (AI). Like many other tech giants, Meta is also in the middle of the AI race, which has become the latest evolution in the market. Not only tech companies, but different organizations across diverse fields have also started adopting AI in the latest...
Read More »DOCU Shares Up 5% as DocuSign Beats Q1 2024 Earnings Estimate with Strong Guidance
DocuSign has given a strong guidance for the second fiscal quarter anticipating revenue of $675 million to $679 million. On Thursday, June 8, e-signature provider DocuSign (NASDAQ: DOCU) reported strong earnings beating revenue estimates for the fiscal quarter ending April 30 (Q1 2024). In the aftermarket hours on Thursday, the company’s share price is trading 5% up moving past $61. DocuSign Inc, based in San Francisco, California, is a company that provides electronic agreement...
Read More »Robert Kiyosaki: Der grösste Immoblien-Crash aller Zeiten?
Platzt bald die Immobilien-Blase? Gemäss einem Tweet von Robert Kiyosaki stehen wir vor dem grössten Immobilien-Crash aller Zeiten! Greatest Real Estate crash ever. 2008 was the GFC. 2023 will make 2008 GFC look like nothing. In 2019 Office Towers in San Francisco were hot. In 2023 same buildings have lost 70% of value. What will WOKE cities do with office buildings? Homes for the homeless. Get G, S, BC. — Robert Kiyosaki (@theRealKiyosaki) June 8, 2023 In den letzten Jahren hat der...
Read More »Bitcoin Cash Analysis: Bulls Struggle Below $120
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash price started a fresh decline from the $117 zone against the US Dollar. The price is now trading below the $115 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $112.50 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase)....
Read More »Australia’s Largest Bank to Temporarily Cease ‘Certain’ Payments to Crypto Exchanges
Commonwealth Bank of Australia (CBA), the largest bank in Australia, announced a temporary decline in “certain” payments to cryptocurrency exchanges as part of newly introduced measures to battle scams in the country. According to an official release, the CBA will decline or hold crypto payments for 24 hours or more. As part of the scam risk measures, the bank will also place a A$10,000 ($6,650) limit on the payments made to exchanges in the coming months. CBA to Pause...
Read More »Binance Unveils New Cloud Mining Products Amidst Regulatory Turmoil
Binance announced the launch of a new batch of Cloud Mining products for BTC mining in a statement on Wednesday. The exchange’s cloud mining service was released last November and enabled users without mining equipment to earn mining rewards from Binance Pool. Subscriptions, on the other hand, are required to buy hash rates and Bitcoin mining on Binance’s cloud. According to the official blog post, the subscription of the new batch will begin on June 8 and will follow a...
Read More »US Government Objects to Bittrex’s Customer-Repayment Proposal
Bittrex’s attempt to return customer funds has met with a significant roadblock from the United States, sparking concerns about the proposed resolution for the crypto exchange’s bankruptcy case. The firm filed for Chapter 11 bankruptcy protection in Delaware in May, less than a month after the US Securities and Exchange Commission (SEC) charged it with operating an unregistered exchange. Two other divisions – Bittrex Malta Ltd. and Bittrex Malta Holdings Ltd. – also filed for...
Read More »What Ethereum Needs to Rise Above $2000: Bloomberg Analyst
Ethereum (ETH) appears trapped under $2000 after a stock rally has failed to push it past the price point, according to Mike McGlone, Senior Macro Strategist for Bloomberg Intelligence. Here’s what the analyst believes Ethereum needs to break the 12-month-long resistance level. Ethereum’s Major Resistance In a tweet on Thursday, McGlone said that $2000 looks like a “resistance ceiling” given that ETH has failed to sustain itself above that, despite the NASDAQ 100 stock index...
Read More »Ray Dalio Still Doesn’t Think Much of Bitcoin
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ray Dalio – a billionaire and the founder of Bridgewater Associates – has never been a big bitcoin fan. He doesn’t seem to care for it, and he also doesn’t really seem to understand it. Ray Dalio Isn’t Quite Feeling It When It Comes to BTC Per his latest interview, it becomes apparent that this hasn’t changed,...
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