NYC Mayor Eric Adams Attempts to Create Heart Symbol with Armless Robot

NYC Mayor Eric Adams Attempts to Create Heart Symbol with Armless Robot

NYC Mayor Eric Adams Tried to Make a Heart Sign With Armless Robot New York City Mayor Eric Adams is facing mockery on social media after attempting to make a heart sign with an armless patrol robot during a press conference. The 5-foot-3-inch tall, 400-pound robot, known as the K5, is set to patrol the … Read more

Bitwise Withdraws Application, A Big Blow To Ethereum ETFs?

Bitwise Withdraws Application, A Big Blow To Ethereum ETFs?

Asset manager Bitwise has withdrawn its application to convert its Bitcoin futures ETF into one that invests in both Bitcoin and Ethereum futures contracts, leading to speculation about the decision’s meaning for Ethereum futures ETFs. Bloomberg Analyst James Seyffart believes the move was made because Bitwise doesn’t see the benefit in having a dual BTC … Read more

The Bank CEO’s Urge to Eliminate 99% of the Crypto Industry

The Bank CEO’s Urge to Eliminate 99% of the Crypto Industry

Why This Bank CEO Wants 99% Of The Crypto Industry Gone Caitlin Long, Founder and CEO of Custodia Bank, believes that 99% of the crypto industry should be eliminated to reduce leverage and improve the industry’s future. In an interview, Long compared the current state of the crypto industry to the tech stock bubble of … Read more

Bollinger Bands: Understanding and Implementing them in Crypto Trading

Bollinger Bands: Understanding and Implementing them in Crypto Trading

What are Bollinger Bands, and how to use them in crypto trading? Bollinger Bands are a technical analysis tool used in trading to assess price volatility and identify entry and exit points. They consist of three bands: the upper band, middle band (simple moving average), and lower band. Traders use Bollinger Bands to evaluate price … Read more

Coinbase, the Top US Crypto Exchange, Extends Trading Support to Emerging Layer-1 Project

Coinbase, the Top US Crypto Exchange, Extends Trading Support to Emerging Layer-1 Project

Top US Crypto Exchange Coinbase Adds Trading Support for New Under-the-Radar Layer-1 Project Coinbase, the leading US cryptocurrency exchange, has added support for the native token of Vara Network (VARA), a layer-1 project focused on next-gen gaming and financial applications. Vara Network recently launched its mainnet and is built on the Gear Protocol. Coinbase listed … Read more

Here’s what happened in crypto today

Here’s what happened in crypto today

Crypto exchange Bybit will suspend its services in the UK starting from October 1, in response to new regulations imposed by the Financial Conduct Authority (FCA). The company stated that it is proactively embracing the regulation by pausing its services in the UK. In another development, Binance Holdings, its US counterpart, and CEO Changpeng Zhao … Read more

Fortune Reports Recent Negotiations Between Coinbase (COIN) and FTX Europe

Fortune Reports Recent Negotiations Between Coinbase (COIN) and FTX Europe

Coinbase (COIN) Has Recently Held Talks to Buy FTX Europe: Fortune FTX Europe, a financial exchange, has garnered interest from potential buyers due to its licenses for offering lucrative derivatives products, including perpetual futures for bitcoin. Along with Crypto.com and Trek Labs, other parties have expressed interest in acquiring FTX Europe, as it is the … Read more

Americans (Seemingly) Aren’t Allowed to Put This Economic Theory to the Test

Americans (Seemingly) Aren’t Allowed to Put This Economic Theory to the Test

The Commodity Futures Trading Commission (CFTC) is potentially hindering the growth of prediction markets by utilizing regulatory controls. While the value of betting markets is debatable, the fact that various academics, companies, and even DARPA have recognized the potential of crowdsourcing truth is noteworthy. However, the CFTC’s actions suggest an attempt to eliminate prediction markets … Read more

Inflation Hits 40-Year High in the US, Putting Strain on Household Budgets

Inflation

In June, inflation in the United States reached its highest point in 40 years, with an annual increase of 9.1%, as reported by the Bureau of Labor Statistics. This marks the most significant inflationary surge since November 1981. Several factors are contributing to this inflationary spike, including the situation in Ukraine, disruptions in the supply … Read more

US Economy Contracts for a Second Straight Quarter, Raising Fears of a Recession

US recession & Economic crisis

The US economic situation continued its decline for a second consecutive quarter, registering a 0.9% annual contraction from April to June. Concerns are growing that the nation might be on the brink of an economic downturn, characterized by two consecutive quarters of reduced economic activity. This downturn in Gross Domestic Product (GDP) was primarily influenced … Read more