Category Archive: Cryptocurrency, No picture
Burwick law takes legal action against Pump.fun meme coins on behalf of investors
Key Takeaways Burwick Law is suing Pump.fun on behalf of investors due to meme coin trading losses. Pump.fun has significantly impacted Solana’s DeFi space, accounting for over 70% of new tokens on some days. Share this article Burwick Law has initiated legal proceedings against Pump.fun on behalf of investors who suffered losses from the platform’s […]
Bulls Rally Tripped Up In Yesterday’s Action. The Corn & Ethanol Report
We kicked off the day with MBA 30-Year Mortgage Rate, MBA mortgage Applications, MBA Mortgage Market Index, MBA Mortgage Refinance Index, and MBA Purchase Index at 6:00 A.M., Real Earnings – Core Inflation Rate MoM & YoY, Inflation Rate MoM & YoY, CPI, CPI s.a., and NY Empire State Manufacturing Index at 7:30 A.M., Fed […]
Justin Sun unveils USDD 2.0 with 20% APY: ‘Simply because we have plenty of money’
Key Takeaways Justin Sun announced USDD 2.0 will offer a 20% APY, subsidized by TRON DAO. Despite a market cap of $746 million, USDD remains far from competing with USDT and USDC. Share this article Justin Sun, founder of TRON blockchain, announced today that USDD 2.0 will offer a 20% annual percentage yield (APY), fully […]
Trump’s SEC to revise crypto policies reshaping enforcement rules
Key Takeaways Republican SEC commissioners plan to review crypto enforcement cases and clarify the definition of securities. Incoming SEC Chair Paul Atkins is expected to reverse the crackdown led by Gary Gensler, while focusing on fraud accountability. Share this article SEC’s Republican commissioners are preparing to overhaul the agency’s crypto policies as President-elect Donald Trump […]
US government says 120,000 Bitcoin seized from 2016 hack should be returned to Bitfinex
Key Takeaways A court has ruled that 120,000 Bitcoin from the 2016 Bitfinex hack must be returned to the exchange. The seized Bitcoin was originally worth $71 million and has appreciated to over $4 billion. Share this article A court has ruled that approximately 120,000 Bitcoin seized from the 2016 Bitfinex exchange hack should be […]
Celestica Inc: Chart Analysis
Image Source: Unsplash Hey, good morning everybody! It’s time for our chart of the week, and this week we’re going to be focusing on technology named Celestica; symbol CLS. Let’s take a look at this chart. It’s been very strong for the past four, five months.So this is one of the top names that is in […]
Sharp Move Coming? Will This Bear Market Leading Indicator Work In 2025?
Image Source: Unsplash Watch the video from the WLGC session on 14 Jan 2025 to find out the following: How to use the this leading indicator to “predict” the S&P 500 movement. How to adopt the structure analysis in 2019 and 2022 in the current S&P 500 structure. The subtle weakness in the current market based on the […]
Australian Dollar Gains, But Rate Uncertainty Limits Potential
Image Source: Unsplash The AUD/USD pair climbed to 0.6192 midweek, reflecting cautious optimism in the market. Traders remain vigilant ahead of key December inflation data from the US, which could influence expectations regarding the Federal Reserve’s potential interest rate cuts in 2025. Earlier, the Australian dollar recovered some of its losses as the US dollar reacted […]
Wall Street Titans May Find A Fly In The Champagne
Image Source: Unsplash Wall Street’s investment banking titans closed 2024 on a high. Goldman Sachs and Morgan Stanley will most likely announce strong revenue growth in full-year results due Tuesday and Wednesday respectively, as an M&A uptick kept their dealmakers busy. But there’s a hitch: bond-market chaos could slow everything down.Wracked by rising interest rates, a bleak 2022 […]
