Larry Fink – the CEO of BlackRock, which recently applied to the Securities and Exchange Commission (SEC) for a bitcoin-based exchange-traded fund (ETF) – said he thinks bitcoin is akin to digital gold, and he feels it has the power to truly revolutionize the financial arena. Larry Fink Thinks Highly of BTC The application was initially rejected by Gary Gensler and the SEC, who claimed the details in the document were not comprehensive enough. However, a ray of...
Read More »Tencent Reports Solid Q2 Results despite Failing to Meet Expectations
[unable to retrieve full-text content]CoinspeakerTencent Reports Solid Q2 Results despite Failing to Meet Expectations Although slightly below the expected 32.3 billion yuan, Tencent's profitability demonstrates its financial resilience in the face of economic turmoil. Tencent Reports Solid Q2 Results despite Failing to Meet Expectations
Read More »Dutch Economy Enters Recession amid Consecutive Contractions
[unable to retrieve full-text content]CoinspeakerDutch Economy Enters Recession amid Consecutive Contractions The Dutch economy, once a beacon of robust growth and stability, has hit a rough patch as it enters a recession following two consecutive quarters of contraction. Dutch Economy Enters Recession amid Consecutive Contractions
Read More »Intel Drops $5.4B Tower Acquisition Deal amid Growing Tension between US and China
[unable to retrieve full-text content]CoinspeakerIntel Drops $5.4B Tower Acquisition Deal amid Growing Tension between US and China According to Intel Chief Executive Pat Gelsinger, all efforts to get the Tower deal approved by the regulators proved abortive. Intel Drops $5.4B Tower Acquisition Deal amid Growing Tension between US and China
Read More »A Political Initiative from Coinbase Features US Lawmaker with Ethics Violation
[unable to retrieve full-text content]CoinspeakerA Political Initiative from Coinbase Features US Lawmaker with Ethics Violation Rep. David Schweikert, listed as a lawmaker with "very supportive" views on crypto in the United States, reached a settlement requiring him to pay $175,000 in connection to breaches of House ethics regulations. A Political Initiative from Coinbase Features US Lawmaker with Ethics Violation
Read More »UK Inflation Sees Sharp Drop in July as Core and Services Show Mixed Trends
[unable to retrieve full-text content]CoinspeakerUK Inflation Sees Sharp Drop in July as Core and Services Show Mixed Trends While the easing of headline inflation is welcome news for consumers, experts are paying closer attention to the underlying trends. UK Inflation Sees Sharp Drop in July as Core and Services Show Mixed Trends
Read More »Stocks Fall as Global Economic Worries Weigh on Wall Street
[unable to retrieve full-text content]CoinspeakerStocks Fall as Global Economic Worries Weigh on Wall Street US financial giants witnessed their shares slide as credit rating downgrades cast a shadow over the sector. Stocks Fall as Global Economic Worries Weigh on Wall Street
Read More »Stellar Foundation Invests in MoneyGram in a Push for FinTech
[unable to retrieve full-text content]CoinspeakerStellar Foundation Invests in MoneyGram in a Push for FinTech Stellar Development Foundation said that the investment in MoneyGram in growing its digital business, researching blockchain technology, and contributing in other ways. Stellar Foundation Invests in MoneyGram in a Push for FinTech
Read More »Tron (TRX) Price Analysis: Bears Aim Breakdown Below $0.075
Tron price started a fresh decline below the $0.080 level against the US Dollar. TRX price is now trading below $0.0785 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.0775 on the 4-hour chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.0750 support zone. TRON price started a fresh decline below the $0.0820 zone against the US Dollar, similar to Bitcoin. TRX price...
Read More »Bitcoin Price Analysis: BTC At Risk Below $30K
Bitcoin price started a fresh decline below the $29,600 level against the US Dollar. The price is now trading below $29,500 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $29,320 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could extend its decline toward the $28,650 and $28,000 levels. Bitcoin price is declining below $29,600 against the US Dollar. BTC might extend losses...
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