Bitcoin Nears $70K Amid Record Open Interest at $40B as Trump-Harris Election Nears Bitcoin’s price rose by 1.5% in 24 hours, with significant increases in futures open interest, indicating continued money flow into the market. The crypto market saw broad gains with Solana (SOL) and other major cryptocurrencies rising, fueled by speculative trading and thematic […]
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FBI Arrests Alabama Man in Hack of SEC’s X Account
FBI officials arrested an Alabama man Thursday for allegedly hacking the Securities and Exchange Commission’s X account this year as part of an attempt to promote bitcoin. Eric Council Jr., 25, was slated to appear Thursday in the U.S. District Court for the Northern District of Alabama on charges of conspiracy to commit aggravated identity […]
Continue ReadingDonald Trump’s Crypto Coin
Former president and Republican frontrunner Donald Trump is launching a crypto coin tomorrow, but the cryptocurrency is significantly different from many others in the crypto market. Trump will be offering a token for World Liberty Financial (WLFI), which is a decentralized finance platform. The waitlist opens tomorrow at 8 a.m. ET in what Trump has […]
Continue ReadingCrypto Scams Stole $5.6 Billion From Americans Last Year
Americans reported losing $5.6 billion to cryptocurrency scams in 2023, with older Americans hit the hardest, according to the FBI. The FBI’s first annual Cryptocurrency Fraud Report, published Monday, shows that Americans reported more than 69,000 complaints last year saying they had been scammed into sending cryptocurrency to criminals, often by using commonly available crypto […]
Continue ReadingBitcoin Climbs to More Than One-Week High
Bitcoin touched $61,000 after Donald Trump’s defiant response to an assassination attempt spurred speculation that the pro-crypto former president’s chances of winning reelection have climbed. The largest digital asset rose as much as 2.2% on Monday and changed hands at $60,850 as of 7:03 a.m. in Singapore, the highest level in more than a week. […]
Continue ReadingCampaign Accepting Contributions Through Cryptocurrency
Donald Trump ‘s presidential campaign said Tuesday it would begin accepting donations in cryptocurrency as part of an effort to build what it calls a “crypto army” leading up to Election Day. The Trump campaign launched a fundraising page that allows “any federally permissible donor the ability to give” to its political committees using any […]
Continue ReadingJobless Claims Drop
Jobless claims drop to 3-week low of 230,000. Still no sign of rising U.S. layoffs. The numbers: The number of Americans who applied for unemployment benefits last week fell by 10,000 to a three-week low of 230,000, offering further evidence that the labor market remains rock solid. New jobless claims slipped from a revised […]
Continue ReadingBancorp Unit to Buy Signature Bank Assets
New York Community Bancorp unit to buy Signature Bank assets – FDIC A subsidiary of New York Community Bancorp has entered into an agreement with U.S. regulators to buy deposits and loans from New York-based Signature Bank, which was closed a week ago. The Federal Deposit Insurance Corporation (FDIC) said the deal would see the […]
Continue ReadingTaliban Militants Fed Up With Office Culture
Taliban Militants Fed Up With Office Culture, Ready to Quiet Quit Almost two years after the Taliban’s takeover of Afghanistan, the jihadists who transitioned from the battlefields to paper-pushing government jobs in the city are ready to quiet quit. The Afghanistan Analysts Network, a non-profit policy research organization working to increase the understanding of life […]
Continue ReadingEricsson to go on Cost-Cutting With Layoffs
As part of its cost-cutting strategy, telecom equipment manufacturer Ericsson will layoff 8,500 workers globally, according to a memo written to staff members and seen by Reuters news agency. “The way headcount reductions will be managed will differ depending on the local country practice,” Chief Executive Borje Ekholm wrote in the memo. “In several countries, […]
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