Author: Investor Empires
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Judge Criticizes Coinbase’s Attempt to Subpoena SEC Chair Gary Gensler
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In a hearing on July 11, Judge Catherine Polk Failla expressed skepticism about Coinbase’s efforts to subpoena SEC Chairman Gary Gensler in the SEC’s ongoing case against the cryptocurrency exchange. As Inner City Press reported, the hearing showed Coinbase’s ongoing efforts to capture Gensler’s connections, including statements he made before…
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New Yorkers React To Retirement Numbers, Exclaiming ‘Who Could Save That Much?’
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New Yorkers React to Retirement Numbers, Asking ‘Who Can Save That Much?’ In a recent discussion about retirement savings with Vox, Labor economist Teresa Ghilarducci She set some strict criteria: By age 30, you should have saved twice your annual salary; by age 40, you should have saved two and…
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US court temporarily puts net neutrality rules reinstatement on hold By Reuters
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By David Shepardson WASHINGTON (Reuters) – A U.S. appeals court said on Friday it has temporarily halted the Federal Communications Commission’s reinstatement of landmark net neutrality rules until Aug. 5 while it considers legal challenges from the broadband industry. The Federal Communications Commission voted in April along party lines to…
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Runes Dominate Bitcoin, Accounts For Roughly 70% Of All Transactions
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Bitcoin, Solana, Ethereum, and even Cardano prices are slowing down after sharp price declines in the past few days. The falling prices mean that the enthusiasm has dried up, which negatively affects on-chain activity. Runes dominate Bitcoin However, as the cryptocurrency market recovers from last week’s shock, it has emerged…
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Bitcoin set to rise slightly on a weekly basis as retail inflation eases
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CHENAPONG/iStock Editorial via Getty Images Bitcoin (BTC-USD) price is set to post a weekly decline. 2.7% increaseIn a week that saw retail inflation fall, while wholesale inflation came in higher than expected. The world’s oldest cryptocurrency has remained below the $60,000 level all week, but has been hovering around the…
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Crude oil futures settle at $82.21
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Crude oil futures settled today at $82.21, down $0.41 or -0.50%. For the trading week, the price is down -1.21% after closing last week at $83.16. This is the first decline after four consecutive weeks of gains that pushed the price from its low during the week of June 3…
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Bitcoin Seed Phrases: The Challenge of Mainstream Self-Custody Adoption
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The main theme of this course was to challenge preconceptions about how people around the world use Bitcoin. New behaviors have emerged and other cultures are using this asset in ways that break previously established molds. One of the key trends emerging from this chaotic environment is the resurgence of…
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Bitcoin Seed Phrases: The Challenge of Mainstream Self-Custody Adoption
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The main theme of this course was to challenge preconceptions about how people around the world use Bitcoin. New behaviors have emerged and other cultures are using this asset in ways that break previously established molds. One of the key trends emerging from this chaotic environment is the resurgence of…
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Remote work increased for the first time since the pandemic
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Finally, data has emerged to support what most people have suspected about remote work: it’s here to stay. An annual survey by the Labor Department’s Bureau of Labor Statistics released in June showed that 35% of workers did some or all of their work at home in 2023, up from…
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US court rejects challenges to FCC approval of SpaceX satellites By Reuters
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By David Shepardson WASHINGTON (Reuters) – A U.S. appeals court on Friday upheld the Federal Communications Commission’s decision to approve SpaceX’s plan to deploy thousands of Starlink satellites to provide broadband internet service in space. The U.S. Court of Appeals for the District of Columbia has rejected the legal challenge…
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Is $73,000 The Top For Bitcoin? Analyst Identifies Where BTC Is In This Cycle
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In March, Bitcoin hit an all-time high above $73,000, sparking a discussions Among market watchers and analysts is whether Cryptocurrency has reached its peak However, one cryptocurrency analyst has provided an in-depth analysis of Bitcoin’s recent price movements and future outlook, suggesting that the leading cryptocurrency still has significant upward…
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Is $73,000 The Top For Bitcoin? Analyst Identifies Where BTC Is In This Cycle
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In March, Bitcoin hit an all-time high above $73,000, sparking a discussions Among market watchers and analysts is whether Cryptocurrency has reached its peak However, one cryptocurrency analyst has provided an in-depth analysis of Bitcoin’s recent price movements and future outlook, suggesting that the leading cryptocurrency still has significant upward…
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EURUSD extends to swing area/high from June
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EURUSD extends into swing territory As with GBP/USD, EUR/USD has reached fresh highs as European traders look to exit the week. The move takes the price towards the June 2024 high at 1.0915 and a longer swing area between 1.0909 and 1.0918. A break of this area would be required…
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VanEck And 21Shares Submit Applications To SEC
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In a significant development, the Chicago Board of Options Exchange (Cboe) has filed paperwork with the Securities and Exchange Commission (SEC) to list two new exchange-traded funds (ETFs) based on Solana – Van Eyck Solana Foundation and 21shares Core Solana ETF. The move by Cboe comes on the heels of…
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VanEck And 21Shares Submit Applications To SEC
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In a significant development, the Chicago Board of Options Exchange (Cboe) has filed paperwork with the Securities and Exchange Commission (SEC) to list two new exchange-traded funds (ETFs) based on Solana – Van Eyck Solana Foundation and 21shares Core Solana ETF. The move by Cboe comes on the heels of…
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Calls for regulation of short-term holiday lets in brighton
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Green councillor Elaine McLeay has urged Brighton and Hove City Council to take action against the growing problem of short-term holiday lettings which is affecting local rental and housing markets. At the next council meeting on Thursday, Mackley plans to table a motion to address this concern, supported by fellow…
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Spotify has upside to consensus due to higher margin verticals
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Wolfe Research initiated coverage of Spotify (NYSE:) with an Outperform rating and a $390 price target in a note on Friday, with the new target representing a potential upside of 28%. Analysts at Wolfe Research believe Spotify is undervalued, trading at 26x CY25E P/FCF, despite its greater exposure to the…
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SEC drops 3-year investigation into Stacks developer Hiro Systems
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The cryptocurrency community has another reason to celebrate as the US Securities and Exchange Commission (SEC) has dropped its investigation into Hiro Systems, a developer integrated with the Bitcoin Layer-2 Stacks network. A filing with the Securities and Exchange Commission on July 12 revealed that the regulator has closed its…
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SEC drops 3-year investigation into Stacks developer Hiro Systems
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The cryptocurrency community has another reason to celebrate as the US Securities and Exchange Commission (SEC) has dropped its investigation into Hiro Systems, a developer integrated with the Bitcoin Layer-2 Stacks network. A filing with the Securities and Exchange Commission on July 12 revealed that the regulator has closed its…