Tesla 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 vehicles (BEVs) increased by 74% to 376,000 vehicles, making BMW grow faster in this segment than the overall market for fully […]

Ethereum 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%, reaching a 9-month high above $2,650, while Bitcoin has experienced a 10% dip. This unexpected development has sparked a debate within the crypto community about whether […]

Senators 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 account. The request, co-authored by crypto advocate Cynthia Lummis, also seeks to probe the SEC’s alleged failure to implement the best […]

Solana 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 ‘2fast’, executed a sequence of swaps involving 703 Solana (SOL) tokens and 490,000 WIF tokens, which were then converted back into 19,035 SOL. This […]

Bitcoin 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 struggled to surpass the yearly high of $48,000, causing concern among investors. At the time of writing, BTC has fallen to […]

SEC 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 media accounts. This statement comes in response to a cybersecurity incident involving unauthorized access to the SEC’s @SECGov X account, previously known as […]

Speculation 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 exchange-traded fund that tracks the performance of the second-largest cryptocurrency.The year 2023 is set to be a landmark year for ETFs, with numerous companies […]

Speculation 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 exchange-traded fund (ETF) that tracks the performance of Ethereum, the second-largest cryptocurrency.The year 2023 has been a significant one for ETFs, with numerous […]

Bitcoin 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 $49,000 just a day before. The drop in value has been attributed to several factors, including the launch of spot Bitcoin […]

Ethereum 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 blockchain transactions tracking platform, and has sparked interest among cryptocurrency enthusiasts. The move has also led to a decrease in Ethereum’s market price.The transfer of 14,699 ETH, […]