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Monthly Archives: June, 2024

Biden’s Proposed Nonsensical 30% Tax Would Kill Bitcoin Mining in the U.S.

The egregious mining tax, implemented despite the billions of dollars invested in the sector, is part of his budget proposal for the fiscal year...

Bitcoin Mining Stabilizes Power Grids Strained by AI Data Centers

To keep a power grid at the correct frequency, grid operators must “balance” the power grid by adjusting energy production to match user demand....

Before Meme Stocks, WallStreetBets Traders Mainlined Options

In 2018, WallStreetBets once again began to attract media coverage, and the articles took note of both the growth of the subreddit — which...

EU Body Publishes Final Draft Technical Standards for Prudential Matters: MiCA

The European Banking Authority (EBA) published on Thursday the final draft technical standards on prudential matters for firms to comply with that fall under...

American investors should hedge FX, here are 4 considerations to do it – GS (USD:CAD) – Seeking Alpha

American investors should hedge FX, here are 4 considerations to do it - GS (USD:CAD)  Seeking Alpha seekingalpha.com

Ether ETFs Should be Fully Approved by September, Says U.S. SEC Chair Gensler

When asked directly whether ETH is a commodity, Gensler didn't respond with a yes or no, maintaining the uncertain position his agency has held...

Swiss Regulator Shutters Crypto-Linked FlowBank, Begins Bankruptcy Process

FINMA announced Thursday that FlowBank’s minimum capital requirements were found to have been “significantly and seriously breached.” www.coindesk.com

What Is Mifepristone and How Is It Used?

More than half of people who get legal abortions in the United States — and three-quarters in Europe — use medication abortion. www.nytimes.com

Early Buyers of Andrew Tate’s DADDY Meme Coin Apparently Sitting on $45M in Unrealized Value

“On June 9th at 21:24 UTC, @DaddyTateCTO sent 40% of the $DADDY supply to @Cobratate,” BubbleMaps posted. @Cobratate is Tate’s official X account. “But...

Supreme Court Ruling in Starbucks Case Curbs Labor Regulation

In a blow to the National Labor Relations Board, the justices cited inconsistent standards for courts to order employers to reinstate fired workers. www.nytimes.com

The White House Is Expected to Nominate Christy Goldsmith Romero as the Next FDIC Chair and Kristin Johnson for New Treasury Role

She is the sponsor of a Technology Advisory Committee that includes members stablecoin issuer Circle, blockchain analytics firm TRM Labs and Cryptocurrency custody firm...

Ford ends EV dealership program

An electric Ford truck is displayed during the Electrify Expo D.C. in Washington, D.C., on July 23, 2023.Nathan Howard | Getty ImagesFord Motor is...

Crypto Markets Have Seen $12B of Net Inflows This Year, JPMorgan (JPM) Says

Spot bitcoin (BTC) exchange-traded funds (ETFs) have led the way, attracting $16 billion of net inflows, the report said. This number, when combined with...

Biden Addresses Inflation in New Ad

Inflation has cooled but many voters give significantly higher marks to President Biden’s opponent, Donald J. Trump, on the economy. www.nytimes.com

In Defense of Fundamental Analysis Amid Memecoin Mania

Engaging in memecoin markets without thorough analysis and a clear understanding of the risks involved is effectively gambling, not investing, says Jupiter Zheng, partner...

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