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Monthly Archives: May, 2023

Dogecoin's Daily Transaction Reached Lifetime Highs as ‘DRC-20’ Tokens Introduced

Transactional volumes on Dogecoin briefly surpassed Litecoin and Bitcoin earlier this week. www.coindesk.com

Senators slam bank execs for blaming collapses on crypto, pocketing millions

A former Signature Bank executive has been slammed for trying to place the blame for his bank’s collapse on crypto while purportedly being able...

FOREX-U.S. debt drama and data hoist dollar

By Tom Westbrook SINGAPORE, May 17 (Reuters) - The dollar held firm on Wednesday, as traders trimmed bets on imminent U.S. rate cuts following...

‘Is that legal?’ — Elon Musk chides OpenAI’s for-profit pivot after $50M investment

Billionaire Elon Musk has queried whether it's legal for OpenAI — the firm behind ChatGPT — to become a for-profit business after he invested...

Comcast will likely sell Hulu stake to Disney in early 2024

Ted Soqui | Corbis | Getty ImagesComcast will likely sell its 33% stake in Hulu to Disney at the beginning of 2024, Comcast Chief...

A Reversal or a Dead-Cat Bounce in US Dollar? EUR/USD, GBP/USD, USD/JPY

US Dollar Vs Euro, British Pound, Japanese Yen – Price Setups:It would be premature to call the US dollar’s recent rebound a reversal of...

Anchorage Digital opens up DeFi voting for custody clients

Institutional clients of crypto custody firm Anchorage Digital can now voice their concerns on proposals for tokens they hold without paying hefty gas fees.According...

DeSantis’s Candidate for Kentucky Governor Loses to Trump-Backed Rival

On Monday, Gov. Ron DeSantis of Florida went out on a limb. On Tuesday, it snapped.A day after he swooped into the Republican primary...

Distributed ledger tech could save TradFi $100B a year: Lobby group

Around $100 billion a year or more could be saved if distributed ledger technology (DLT) was used in traditional markets, claims a new report...

Celsius adds nearly 429K stETH to Lido’s lengthening withdrawal queue

Bankrupt crypto lending firm Celsius is anxious to get its staked Ether (ETH) stash back from liquid staking platform Lido which enabled withdrawals this...

Home Depot Reports Biggest Revenue Miss in Over 20 Years, Lowers Forecast

CFO: Home Depot Anticipated Moderation, Faces Challenges Richard McPhail, Chief Financial Officer of Home Depot, stated that the company had anticipated 2023 to be a...

Home Depot (HD) earnings Q1 2023

Home Depot on Tuesday reported its biggest revenue miss in more than 20 years and lowered its forecast for this year, as consumers delay...

Crypto retail trading should be regulated as gambling: UK lawmakers

The trading of so-called “unbacked cryptoassets” such as Bitcoin (BTC) and Ether (ETH) should be regulated as gambling rather than a financial service, a...

Is This the Moment of Reckoning for Gold?

Gold, XAU/USD – Price Action:Gold’s rally is showing signs of fatigue.Hawkish commentary from Fed officials is leading to a reassessment of rate cuts this...

Dollar General, Dollar Tree urged to improve worker safety, wages

Dollar General and Dollar Tree storesGetty ImagesTwo activist investment firms are calling on Dollar General and Dollar Tree shareholders to approve a pair of...

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