The Federal Reserve has formally terminated the enforcement action against Farmington State Bank, a former financial institution associated with FTX — the defunct cryptocurrency exchange. This follows after the bank’s operations and links to cryptocurrencies, particularly through FTX trading arm Alameda Research, were under a federal microscope. Federal Reserve’s Final Verdict The termination of the […]
Vanguard Embraces AI Revolution in $13 Billion Stock Funds Ahead of World AI Cannes Festival
Vanguard has jumped the artificial intelligence bandwagon after integrating machine learning into its managed stock funds. According to a Bloomberg report, the American registered investment advisor has set in AI across several active stock funds with a combined $13 billion under management. This comes at a time when the World AI Cannes Festival is just […]
Solana Price Prediction: Is It A Good Time To Buy SOL Dip As Network Outage Causes Uncertainty?
Solana Price Prediction: SOL has recently faced significant price fluctuations. Over the last fortnight, the value of Solana (SOL) has seen an uptick but struggled to surpass the critical resistance mark at $100. The recent technical analysis of the daily time frame reveals that Solana’s value has been caught in a descending parallel channel for […]
Crypto Legislation: XRP Lawyer Vindicates 3 Coins Amid Crackdown Calls
In light of Treasury Secretary Janet L. Yellen’s latest push for crypto legislation, pro-XRP lawyer John E. Deaton has offered an explanation to vindicate Bitcoin (BTC), Ethereum (ETH), and Ripple-associated coin XRP. Crypto Legislation and the Bitcoin, Ethereum and XRP Immunity Firstly, Deaton cited the recent approval of spot Bitcoin ETFs by the United States […]
Bitcoin Touted as Potential Escape Route in U.S. Debt Crisis
Samson Mow, CEO of Jan3 and a prominent advocate for Bitcoin, highlighted comments made by Federal Reserve Chairman Jerome Powell on the state of the U.S. national debt. During a notable appearance on the “60 Minutes” show, Powell expressed concerns about the country’s fiscal sustainability, pointing out that the national debt, currently at $34 trillion, […]
Shiba Inu Coin Price Prediction: Is SHIB A Good Investment In 2024?
Shiba Inu Coin price prediction: SHIB delicately balances below $0.000009 amid mixed signals in the larger crypto market. Majors like Bitcoin (BTC) and Ethereum (ETH) are cautiously consolidating, implying that a breakout to either side is possible if buyers and sellers resolve the stalemate. The self-proclaimed “Dogecoin killer,” Shiba Inu, has captured the attention of many investors, but its […]
Solana Block Production Resumes After 5-Hour Outage
Five hours after a Solana outage, the Layer-1 network has now resumed block production. Solana Outage Fixed A recently published update confirmed that the Solana outage which began at 09:53 UTC and lasted for 5 hours has finally been fixed. Consequently, block production on the beta mainnet has resumed as before. Notably, the resumption was […]
HONK Price Prediction As New CEX Listing Sparks Rally Beyond $0.3 All-Time High
HONK Price Prediction: A goose-themed memecoin Honk is becoming a buzz among traders with its massive growth despite an uncertain market sentiment. The three-day consecutive rally recorded 220% growth as the coin price jumped from $0.0049 to $0.0159. Amid this rally, the buyers break above the resistance trendline a reversal pattern hints at the potential […]
Crypto Markets Brace for Uncertainty as Mixed Economic Signals Spark Volatility
Crypto markets have been rangebound ever since the approval of Bitcoin ETFs arrived. A primary reason for the difficulty in ascending has been economic data points that have been dampening investor sentiments. In the same suit, a Bloomberg report highlighted that liquidity issues that been topping investors’ concerns lately, suggesting that the year ahead could […]
Robinhood Connect Joins Forces with MetaMask for Crypto Trading
Robinhood Markets, Inc., a leader in the financial technology sector, has announced a strategic partnership with MetaMask, a product of ConsenSys, to streamline purchasing cryptocurrencies. This collaboration is set to enhance the user experience by integrating Robinhood’s cost-efficient order engine with MetaMask’s widely-used digital wallet, facilitating a smoother and more secure avenue for users to […]