Category Archive: Cryptocurrency, No picture
Coinbase expects AI agents and humans to transact using crypto
Key Takeaways Coinbase predicts crypto will power transactions between AI agents and humans. AI agents will streamline transactions and agreements by autonomously creating and executing smart contracts. Share this article Coinbase has unveiled a new report discussing the growing intersection of crypto and AI, predicting that both AI agents and humans will increasingly use crypto […]
LC: The Best Small Cap Fintech Stock To Buy Under $20
Image Source: Unsplash LendingClub (NYSE: LC) stock has been on a tear this year, rising some 70% year-to-date, including a 19% jump on Thursday after the company released exceptional third quarter earnings.The online bank and lender generated $201.9 million in revenue in the third quarter, up about 1% year over year and ahead of estimates.Net income rose 190% […]
US Government moves $20M in crypto after 8 months of inactivity
Key Takeaways The US government moved $20 million in crypto after eight months of inactivity. The transactions included withdrawals from Aave in both USDC and USDT. Share this article The US government has moved over $20 million in funds, according to reports from Arkham Intelligence. ~$20M IN US GOVERNMENT ASSETS MOVED TO NEW ADDRESS pic.twitter.com/MXgi9mderO […]
Has IBM’s Stock Hit Its Peak?
Image Source: Unsplash On October 24, Morgan Stanley reiterated its ‘Equal-weight’ rating on IBM but revised the price target downward to $208 from $217.This adjustment reflects concerns over the company’s mixed third-quarter performance, where the revenue of $14.97 billion came in below their $15 billion estimate, primarily due to weak Consulting and Infrastructure segments.Consulting revenues remained […]
Retail Surge Sparks Bearish Outlook As Bitcoin Dominance Declines
Image Source: Unsplash The cryptocurrency market’s recent dominance by Bitcoin has decreased below 50%, indicating a potential adverse trend as retail activity increases. This change prompts inquiries regarding market dynamics and investor sentiment.Bitcoin’s dominance has been a critical indicator of whether the market is in a bull or negative cycle throughout history. As Bitcoin’s dominance is […]
Ripple to file Form C as SEC prepares for appeals battle over XRP sales
Key Takeaways Ripple’s Form C will provide clarity on its arguments against the SEC’s position and outline the specific rulings it is contesting. Ripple’s executives express strong confidence in winning the appeal in the Second Circuit. Share this article Ripple will file a Form C civil appeal to provide clarity on its arguments against the […]
Palladium Scramble – Manic Metals Report
Image Source: Unsplash Palladium is soaring to the upside after reports that the United States is going to ask the G7 to put sanctions on Russian palladium as well as titanium. The problem with that is palladium is needed for catalytic converters for cars and Russia is the world’s largest producer of that all-important metal if […]
Pennsylvania House passes Bitcoin Rights Bill ahead of 2024 election
Key Takeaways The Bitcoin Rights Bill received overwhelming bipartisan support in the Pennsylvania House. Bitcoin Rights bill heads to Pennsylvania Senate as 1.5 million crypto owners could impact presidential race. Share this article The Pennsylvania House of Representatives passed a bill providing regulatory clarity for digital assets, protecting residents’ rights to self-custody, enabling Bitcoin payments, […]
Kraken to debut Ink blockchain for DeFi trading and lending next year
Key Takeaways Ink blockchain by Kraken aims to simplify DeFi with a user-friendly interface. Kraken’s Ink will not issue its own token, focusing instead on service expansion. Share this article Kraken announced today it will launch its own blockchain for DeFi trading and lending in early 2025. Dubbed “Ink,” the chain will adopt similar technology […]
Teen Employment Rebounds After Three Months Of Declines
September 2024 saw the seasonally-adjusted number of employed teens rise in the U.S. economy after having declined in each of the three previous months. The seasonally-adjusted number of employed teens Age 16-19 increased by 231,000 to 5,624,000.Most of that increase took place among younger teens Age 16-17, whose numbers increased 159,000 to 2,193,000. Older teens Age 18-19 […]
