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Monthly Archives: September, 2023

Bitcoin short-term holders capitulate as data highlights potential generational buying opportunity

Bitcoin (BTC) price action suggests that the asset remains in a precarious position and a recent report from ARK Invest said that short-term Bitcoin...

FOREX-Dollar rises to six-month high after US data; weak yen prompts warning

(Adds analyst comment, Fed's 'Beige Book' report, Fed's Collins remarks; updates prices) * U.S. ISM services index rises unexpectedly * Euro, sterling hit three-month...

OpenAI and Microsoft accused of stealing data to train ChatGPT in new class action suit

OpenAI and Microsoft have been named as the defendants in yet another class action lawsuit over their alleged use of web scraping techniques to...

Appellate judge denies Sam Bankman-Fried’s request for immediate release from jail

Former FTX CEO Sam Bankman-Fried, also known as SBF, lost an initial appeal to return to being free on bail prior to his criminal...

Pence Calls Trump’s Populism a ‘Road to Ruin’ for the G.O.P.

The former vice president used a speech in New Hampshire on Wednesday to call on Republicans to choose between conservatism and Donald Trump’s brand...

Biden to cancel Trump’s oil drilling leases in Alaskan refuge

The Interior Department will also pledge no new leasing for oil development on 10 million acres in Alaska’s National Petroleum Reserve, an area to...

Roku to lay off 10% of workforce, stock jumps

Roku products arranged in Hastings-On-Hudson, New York, July 25, 2023.Tiffany Hagler-Geard | Bloomberg | Getty ImagesRoku said it will lay off 10% of its...

USD/CAD on Cusp of Breakout Despite BoC’s Hawkish Hold

USD/CAD FORECASTUSD/CAD rises as U.S. Treasury yields push higher following strong U.S. economic dataBank of Canada keeps interest rates unchanged, but says additional hikes...

USD/CAD on Cusp of Breakout Despite BoC’s Hawkish Hold

USD/CAD FORECASTUSD/CAD rises as U.S. Treasury yields push higher following strong U.S. economic dataBank of Canada keeps interest rates unchanged, but says additional hikes...

Riot Platforms says Texas energy strategy reduced production costs by $31M

Bitcoin miner Riot Platforms mined fewer Bitcoin in August than July but received over $31 million in power credits. That is the equivalent of around...

Biden Administration to Bar Drilling on Millions of Acres in Alaska

The administration will cancel existing drilling leases in the Arctic National Wildlife Refuge and fence off more than half of the National Petroleum Reserve. www.nytimes.com

Ronaldo hints at NFT plans, and will the metaverse be a ‘tax haven?’: Nifty Newsletter

In this week’s newsletter, read about how German flagship airline Lufthansa uses nonfungible tokens (NFTs) to reward loyal customers and how soccer superstar Cristiano...

Genesis Global Capital Files for Over $600M in Unpaid DCG Loans: Court Docs

Genesis Global Capital, a subsidiary of Digital Currency Group, filed in court for DCG to repay outstanding loans in excess of $600 million on...

Binance creates smart contract to refund users affected by $3M rug pull

Crypto exchange Binance has created an automated smart contract to reimburse users following the events of the Xirtam rug pull.According to a Sept. 6 announcement,...

Bitcoin (BTC) and Other Crypto Assets Should Be Marked at Current Values, Says FASB

The FASB, which is a nongovernmental standard-setting board overseen by the U.S. Securities and Exchange Commission (SEC), had proposed the rule in March. The...

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