Author: bitlyfool

  • New U.S. rules aim to boost renewables, meet surging electricity demand (NYSEARCA:XLU)

    Gargolas/iStock via Getty Images Federal Energy Regulatory Commission Two new rules were approved Monday’s move is expected to make it easier to expand construction of large power lines and bring more renewable energy to American homes and businesses. One rule will require companies that produce and transmit electricity to weigh…

  • US PPI due on Tuesday – Here are the ranges of estimates (& why they’re crucial to know).

    Ahead of the long-awaited CPI data on Wednesday, inflation data will be released at the “wholesale” level, the Producer Price Index. Scheduled at 0830 EST, 1230 GMT: Yes, if you have a keen eye, you’ll see Powell speaking a little later. Return of the producer price index. For the year-on-year…

  • Tether CEO Responds To Brad Garlinghouse’s Comments

    In a recent podcast interview, Ripple CEO Brad Garlinghouse said that Tether, the largest stablecoin issuer by market share, is next on the US government’s target list. Tether CEO Paolo Ardoino refuted Garlinghouse’s comments and accused him of spreading fear. Is Tether next in line? CEO of Ripple join Quantum…

  • Social media and mental health: CVS-Morning Consult survey shows pros, cons

    A larger share of Americans are concerned about their mental health now than at the beginning of the COVID-19 pandemic, according to a new survey from CVS Health. In March, the nation’s largest drugstore chain partnered with… Morning consultation To poll 2,202 American adults. in Survey results Released Thursday, about…

  • Lidar maker Hesai sues US government, denies alleged link to China’s military By Reuters

    SAN FRANCISCO (Reuters) – China-based Hisai Group filed a lawsuit against the U.S. government on Monday to add the maker of lidar light sensors to a list of companies allegedly working with the Chinese military. Hesai, whose sensors help self-driving cars and driver assistance systems obtain a 3D map of…

  • President Biden Blocks Chinese-backed Bitcoin Mining Firm From Owning Land Near a Wyoming Nuclear Missile Base

    United States President Joe Biden has issued an order prohibiting the acquisition of certain properties by MineOne Cloud Computing Investment I LP, due to national security concerns. The order, based on findings outlined by the President, is intended to protect critical assets near Francis E. Warren Air Force Base (Warren…

  • Dragon fruit farmers reap prosperity

    After 13 years toiling on a dragon fruit farm, Musa Muguna embarked on his own journey to grow this exotic fruit on a larger scale, delving into a market eager for its unique benefits. It was like abandoning the only bird at hand to explore the wilderness for another. “It…

  • Don’t Fall Prey to Crypto “Money Mule” Scams

    Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Here’s a sneak peek at FMAS:24’s vibrant atmosphere! Join us at Africa’s premier financial…

  • Buy Or Sell Bitcoin? Quant Reveals What Leading Metric Says

    One quantitative analyst has explained what a potential leading Bitcoin indicator could say about what’s next for the cryptocurrency’s price. Bitcoin Coinbase Premium may hold the answer to BTC’s next trend In CryptoQuant Quicktake mail, one analyst spoke about the trend currently occurring in Bitcoin Coinbase Premium. “We can use…

  • Alternative investment platform TheCarCrowd target global expansion after £1M deal

    Innovative automotive investment platform TheCarCrowd has just completed its two-tranche seed round, securing a total investment of over £1m. The investment from a group of experienced angels – as well as recurring investment from Notion Capital – indicates confidence in TheCarCrowd’s ambitious global strategy, its growing list of partners, and…

  • Bipartisan Senators probe FinCEN crypto mixer lawsuits

    A pair of senators have written a letter to the Department of Justice, challenging the Financial Crimes Enforcement Network’s (FinCEN) “unprecedented interpretation” of the rules used to prosecute cryptocurrency mixers. Senators Cynthia Lummis (R-Wyo.) and Ron Wyden (D-Ore.) have filed a petition with US Attorney General Merrick Garland and the…

  • Aberdeen International Inc. – Early Warning Press Release

    Article content TORONTO, May 13, 2024 (GLOBE NEWSWIRE) — Aberdeen International Company (“Aberdeen” Or the (the “Company”) (TSX: AAB) announces that it has sold 5,217,000 common shares of AmmPower Corp. (“AmmPower“) (Special search engine: AMMP) during the period from 20 March 2024 to 13 May 2024, resulting in a decrease…

  • Leatt reported a 19% decrease in total global revenue By Investing.com

    Leatt Corporation (TICKER: LEAT), known for its protective gear in the cycling and motorcycle industry, reported a mixed first quarter for 2024, with a 19% decrease in total global revenues compared to the same period last year. The company witnessed a decline in sales to global distributors but saw an…

  • $71M WBTC Dusting Attack Victim Recovers Stolen Loot

    The cryptocurrency whale that lost $71 million worth of Bitcoin (WBTC) via a dust attack has recovered the stolen funds after negotiations with the hacker. according to tweet By blockchain security company PeckShield, the scammer began returning the funds on May 9 and completed the process on May 11. $71…

  • $71M WBTC Dusting Attack Victim Recovers Stolen Loot

    The cryptocurrency whale that lost $71 million worth of Bitcoin (WBTC) via a dust attack has recovered the stolen funds after negotiations with the hacker. according to tweet By blockchain security company PeckShield, the scammer began returning the funds on May 9 and completed the process on May 11. $71…

  • Alleged irregularities put publicity-shy dynasties in spotlight

    2024 was supposed to be a special year for the Goldberg family. Exactly fifty years ago, in 1974, Shimon Goldberg founded FMR, which became the dominant company in providing trading systems to financial institutions in Israel, including operations and back-office services, the technological backbone of institutions’ financial activities. A year…

  • Binance Recognized in Kazakhstan with ISO Certifications

    Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Here’s a sneak peek at FMAS:24’s vibrant atmosphere! Join us at Africa’s premier financial…

  • Bracebridge Capital Becomes Largest Bitcoin ETF Holder, Investing $380 Million In All-In Bet

    Last week, the US spot Bitcoin ETF market saw a notable shift in investor sentiment. Positive inflows were reported, breaking a series of outflows that had lasted for about a month. The week concluded with significant positive inflows of $116 million, demonstrating the growing interest in newly adopted index funds.…

  • Axon president Joshua Isner sells over $13.6 million in company stock By Investing.com

    Axon Enterprise, Inc. (NASDAQ:) President Joshua Eisner has sold a significant portion of his holdings in the company, according to a recent filing with the Securities and Exchange Commission. The transactions, which occurred on May 9, 2024, included the sale of the Company’s common stock valued at more than $13.6…

  • Forexlive Americas FX news wrap 13 May: Oh No Roaring Kitty returns and dominates chatter

    As the New York session came to a close to start the new trading week, the markets were highlighted by the first tweets in 3 years from meme king Roaring Kitty. His tweets sent Gamestop shares soaring 74.40% to $30.45 (from $17.46 at Friday’s close). AMC shares also rose sharply…