polkapete
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10 months, 1 week agoTesla Halts Production, Boeing Investigated, BMW Hits Record Sales
BMW achieved record sales in the past year, selling more than ever before. The global sales increased by 6.5% to approximately 2.55 million vehicles, following a strong final quarter. The sales of fully electric…
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10 months, 1 week agoEthereum Rises as Bitcoin Stumbles: A Shift in Crypto Dominance?
The cryptocurrency landscape is witnessing a dramatic shift as Ethereum (ETH) outperforms the long-reigning king, Bitcoin (BTC). Despite the recent approval of Bitcoin’s spot ETF, Ethereum has surged 13.5%, r…
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10 months, 1 week agoSenators Demand Probe into SEC's Cybersecurity Following Account Hack
US Senator Ron Wyden, who also serves as the Chairman of the Senate Finance Committee, has called for an official investigation into the recent hacking of the US Securities and Exchange Commission’s (SEC) X a…
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10 months, 1 week agoSolana MEV Bot Seizes $1.7M Profit from Unusual Memecoin Trade
A Solana-based maximum extractable value (MEV) bot recently seized a $1.7 million profit from a single, unconventional trade involving the memecoin Dogwifhat (WIF). The bot, operated by an entity known as…
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10 months, 1 week agoBitcoin ETF Launch Sees High Volume Amidst Price Repression Concerns
Bitcoin ETFs have made a historic debut in the U.S., led by Grayscale, BlackRock, and Fidelity, with trading volumes reaching a record-breaking $4 billion on the first day. Despite this, Bitcoin (BTC) prices have…
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10 months, 1 week agoSEC Evaluates Impact of Cybersecurity Breach on Crypto Agencies
The Chairman of the United States Securities and Exchange Commission (SEC), Gary Gensler, has confirmed that there is currently no evidence of unauthorized access to SEC systems, data, devices, or other social…
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10 months, 1 week agoSpeculation Rises on SEC Approval of Ethereum ETF in 2023
The US Securities and Exchange Commission (SEC) has recently given the go-ahead for a spot Bitcoin ETF, albeit somewhat reluctantly. This has sparked speculation about when the agency will approve an…
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bob wrote a new post
10 months, 1 week agoSpeculation Rises on SEC Approval of Ethereum ETF in 2023
The US Securities and Exchange Commission (SEC) has recently given the green light to a spot Bitcoin ETF, albeit somewhat reluctantly. This has sparked speculation about when the agency will approve an…
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bob wrote a new post
10 months, 1 week agoBitcoin Prices Drop Amid ETF Launch and FTX Bankruptcy
Bitcoin prices took a significant hit on Friday, dropping nearly 10% and falling below the $42,000 mark. This sudden downturn came as a surprise, especially after the cryptocurrency had reached a two-year high of…
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10 months, 1 week agoEthereum Whale's $37M Transfer to Coinbase Triggers Market Price Concerns
An Ethereum whale recently transferred approximately 15,000 ETH, equivalent to around $37 million, to Coinbase, the leading cryptocurrency exchange. This significant transaction was reported by Whale Alert, a…
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10 months, 1 week agoBitcoin ETF Approval Sparks Volatility Amid Market Uncertainty
Despite the initial optimism that followed the approval of Bitcoin ETFs, the cryptocurrency experienced an unexpected decline, dropping over 7% from $49,000 to an intraday low of $45,644. This unexpected decline…
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10 months, 1 week agoHedera Council Allocates 4.86 Billion HBAR for Network Development
The Hedera Council, the governing body of the Hedera network, has given the green light to allocate 4.86 billion HBAR — Hedera Hashgraph’s native cryptocurrency, for further development and advanced dec…
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10 months, 1 week agoTruck Driver Turns $650 into $1.7 Million with SHIB Investment
In a remarkable turn of events, an American truck driver’s life was transformed when his $650 investment in the Shiba Inu meme token (SHIB) ballooned to $1.7 million. The driver, who remains anonymous, made the i…
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10 months, 1 week agoGenesis Global Trading Settles for $8M Over Compliance Failures
Genesis Global Trading, a subsidiary of Digital Currency Group (DCG), has agreed to a settlement with the New York Department of Financial Services (NYDFS) on January 12th. The settlement includes an $8 million…
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10 months, 1 week agoCitigroup Cuts 20,000 Jobs Following Quarterly Loss
Following a surprising quarterly loss, US banking giant Citigroup plans to cut 20,000 jobs in the medium term. CEO Jane Fraser reported a “disappointing” final quarter with a loss of $1.8 billion. She ant…
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10 months, 1 week agoBanking Compensation Battles Loom Amid Varied Revenue Performances
Marco Valla, who joined from Barclays last year, is leading a new initiative and has already made at least ten subsequent hires. The team is set to be the 12th for 2022, leaving six more spots to fill. In other…
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10 months, 1 week agoRobert Kiyosaki Forecasts Six-Figure Bitcoin Amid US ETF Approvals
Robert Kiyosaki, the author of Rich Dad Poor Dad, has made a bold prediction for Bitcoin (BTC), forecasting a six-figure price as US regulators approve a series of spot exchange-traded funds (ETF). Kiyosaki shared…
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10 months, 1 week agoSEC Approves Spot-Bitcoin ETFs Amid Controversy and Delays
For the past six months, nearly a dozen providers have been awaiting the green light from the U.S. Securities and Exchange Commission (SEC) to launch the first spot-based Bitcoin ETF. For years, the agency has…
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10 months, 1 week agoSingapore's MAS to Gain More Authority under New Financial Bill
The Monetary Authority of Singapore (MAS) is set to gain more authority under a new law currently under consideration in the country’s parliament. This law could have significant implications for crypto companies i…
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10 months, 1 week agoDo Kwon's Legal Team Seeks Trial Delay Amid Extradition Challenges
The legal proceedings involving Do Kwon, the ex-CEO of Terraform Labs, have taken a new turn. Kwon’s legal team has requested a delay in the Securities and Exchange Commission (SEC) trial. The request for p…
