Michael Saylor, founder of MicroStrategy (NASDAQ: MSTR) and a prominent Bitcoin ( BTC) advocate, recently stated that the Securities and Exchange Commission ( SEC) is likely to classify major cryptocurrencies like Ethereum ( ETH) as securities, not commodities.He anticipates that this classification will result in the denial of all spot Ethereum ETF applications this summer.…
Bitcoin (BTC) U.S. ETFs Bleed Over Half a Billion Dollars Despite Fed Chair Jerome Powell Ruling Out Rate Hike
Fidelity’s FBTC, not GBTC, led outflows on Wednesday in what may be an alarming development for the bulls.- BlackRock’s IBIT had its first-ever day of outflows, with $36.9 million exiting the fund.- Fidelity’s FBTC led outflows, shedding $191 million, followed by GBTC, ARKB and IBIT.- Fed Chair Powell ruled out a rate hike as the…
Cryptocurrency Price Today: Bitcoin Dips Below $58,000, Axelar Becomes Top Gainer
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, lost all its gains from the past few weeks and dipped below the $58,000 mark early Thursday.Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the reds as the overall Market Fear &…
Fed Has No Idea When It Might Be Able to Cut Rates | Investing.com AU
The [Fed](/economic-calendar/fed-interest-rate-decision-168) meetings seem to create more confusion than needed, but it is what is what it is.I know that even though I wrote yesterday that at 2:35 PM ET, it was possible that we saw the usual FOMC [press conference](/economic-calendar/fomc-press-conference-1692) volatility crush, and that it could send stocks higher, I still get messages and…
Fed Has No Idea When It Might Be Able to Cut Rates | Investing.com
The [Fed](/economic-calendar/fed-interest-rate-decision-168) meetings seem to create more confusion than needed, but it is what is what it is.I know that even though [I wrote yesterday](/analysis/markets-are-hedging-against-a-hawkish-pivot-today-200648052) that at 2:35 PM ET, it was possible that we saw the usual FOMC [press conference](/economic-calendar/fomc-press-conference-1692) volatility crush, and that it could send stocks higher, I still get messages and…
Dogecoin’s 47% Pullback Sets Stage for A Mega DOGE Price Rally Ahead
Story Highlights – Dogecoin comes under severe selling pressure with 40% drop over the last month.- Crypto analyst Ali Martinez says such retracements are normal, setting stage for next mega rally.- After 50% retracement back in 2017 and 2021, the Dogecoin price gave multifold returns later.The world’s largest [meme coin](https://coingape.com/meme-coins-crash-in-sync-with-crypto-market-here-why/), Dogecoin, has come under massive…
Iran announces sanctions on United States, United Kingdom
Issuing two separate statements on Thursday morning, the Ministry of Foreign Affairs of the Islamic Republic of Iran announced that the country has sanctioned several figures and entities in the United States and the United Kingdom. The first statement regarding the sanctions against US figures and entities reads as, The Ministry of Foreign Affairs of…
Consumer Credit Market Size to Generate $24.3 Bn by 2032, growing at a CAGR of 7.8% | Citigroup, Deutsche Bank, HSBC – Banking Industry Today – EIN Presswire
Consumer Credit Market Size to Generate $24.3 Bn by 2032, growing at a CAGR of 7.8% | Citigroup, Deutsche Bank, HSBC Consumer Credit Market Size to Generate $24.3 Bn by 2032, growing at a CAGR of 7.8% | Citigroup, Deutsche Bank, HSBC The increasing demand for loans from individuals and small businesses plays a significant…
Robinhood Markets : 2023 Annual Report Proxy Statement – MarketScreener
2024 Notice of Annual Meeting of Stockholders and Proxy Statement Our mission is to democratize finance for all . Letter from Our Chair and Chief Executive Officer Over the next 10 years, our vision is to become the most trusted, lowest cost, and most culturally relevant money app worldwide.As we progress toward this vision, we…
Iran sanctions Royal Navy captain shooting down Houthi drones
The commander of a UK warship that has been shooting down Houthi rebel drones has been sanctioned by Iran, along with several other officials in Britain and the US.Commander Peter Evans is at the helm of HMS Diamond, which is posted in the Red Sea as part of a multinational force protecting shipping from the…