Vitalik Buterin Sends Ethereum on Coinbase as ETH Hits $2,000

  U.Today – has witnessed a notable price movement, breaching the $2,000 threshold. The significant market activity coincides with Ethereum cofounder Vitalik Buterin’s recent transfer of 50 ETH, valued at approximately $106,000, to Coinbase (NASDAQ:COIN) Custody. It is important to note that such a transfer does not inherently indicate an intent to sell the assets; instead, it […]

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Stanley Druckenmiller sees Bitcoin and gold as secure stores of value, predicts Ethereum’s dominance

In recent discussions with Paul Tudor Jones, Stanley Druckenmiller, the founder of Duquesne Capital Management, has shown an optimistic outlook toward Bitcoin‘s potential as a secure store of value. He equated Bitcoin and gold, despite currently only owning the latter. This comes after his past ownership and subsequent liquidation of Bitcoin due to restrictions imposed by […]

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Here’s what happened in crypto today

The crypto space is keeping such a close watch on spot Bitcoin ETFs that the Depository Trust and Clearing Corporation’s (DTCC) website crashed. Meanwhile, Binance and its CEO want the U.S. commodity regulator’s suit dismissed and Bitcoin briefly touched the $35,000 mark for the first time in over a year. All eyes on DTCC’s site for spot […]

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Shiba Inu (SHIB) Might Start Week Off With Bullish Reversal

U.Today – (SHIB) is showing signs of life amid a market that has been relatively quiet in terms of liquidity and volatility. Over the weekend, the meme coin displayed a green candle, sparking optimism among traders and investors. This uptick is particularly noteworthy because it comes at a time when the broader market is relatively […]

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Riot increases Bitcoin production by 27%

Crypto.news – Bitcoin miner Riot has unveiled its financial results for Q2 2023, reporting a total revenue of $76.7 million. The results highlight the company’s resilience in a fluctuating market, with a 27% increase in Bitcoin production contributing significantly to its success. Riot has reduced the average cost of mining Bitcoin to $8,389, down from $11,316 in […]

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5 Things to Know Before Markets Open

Meta shares are surging after the social media giant posted third quarter revenue projections that beat expectations and the release of the U.S. GDP is expected to show the economy remained steady in the second quarter. Here’s what investors need to know today. Meta Shares Pop After Strong Earnings, Forward Guidance Meta (META) shares surged more […]

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Dow Jones Today: Index Rebounds on Slowing Inflation

The Dow Jones recovered from yesterday’s selloff to gain 0.5% amid hopes that slowing inflation would end Fed rate hikes After stumbling on Thursday to break its 13-session streak, the Dow Jones Industrial Average finished the week positive, gaining 0.5%, or 176 points, as investors reacted positively to data that showed inflation continued to slow.   Most of the […]

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Apple Faces a $1 Billion UK Lawsuit Over App Store Fees

Tech giant Apple (AAPL) faces a £785 million (approximately $1 billion) class action lawsuit brought by more than 1,500 app developers in the U.K. for the fees it charges on its iOS App Store. The suit accuses Apple of abusing its dominant position by charging app makers 15% to 30% for the sales made through its iOS […]

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