Category: Cryptocurrency

Federal Reserve Chairman Jerome Powell takes a question from a reporter during a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC.  Andrew Harnik | Getty Images In the market’s eyes, the Federal Reserve finds itself either poised…

Read More “Markets are counting on the Fed to head off recession with sizable interest rate cuts” »

Paramount Global (PARA) on Thursday reported a profit within its streaming division for the first time while its linear TV business reported a sharper slowdown than expected as the company took a nearly $6 billion write-down on the value of its cable business. On a conference call, the company also announced plans to lay off…

Read More “Paramount reports first quarter of streaming profits, plans 15% layoff and takes $6 billion charge on cable business” »

Economic Model of Arbitrum: A Comprehensive Overview! In the rapidly evolving landscape of blockchain technology, Arbitrum has emerged as a significant player. As a Layer 2 scaling solution for Ethereum, Arbitrum aims to enhance the speed and reduce the cost of transactions while maintaining the security and decentralization of the Ethereum network. This article delves…

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[PRESS RELEASE – New York, New York, August 8th, 2024] Veteran Blockchain Leaders Targeting Infrastructure Projects at the Intersection of Blockchain, AI and Financial Services Seasoned blockchain founders have joined to launch Arche Capital Management LLC (“Arche Capital” or the “Firm”), a new investment manager focused on financing and guiding early-stage entrepreneurs, companies and infrastructure…

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Traffic_analyzer | Digitalvision Vectors | Getty Images Financial services companies and their digital technology suppliers are under intense pressure to achieve compliance with strict new rules from the EU that require them to boost their cyber resilience. By the start of next year, financial services firms and their technology suppliers will have to make sure…

Read More “What is the EU’s Digital Operational Resilience Act? DORA, explained” »

(Bloomberg) — Stocks rose and bonds fell after the latest labor-market reading helped ease fears about a more pronounced economic slowdown. Most Read from Bloomberg Equities rebounded sharply as data showed US initial jobless claims tumbled by the most in nearly a year, with the numbers also coming below estimates. As economic angst subsided, Treasuries…

Read More “Stocks Climb as Jobs Data Quell Economic Jitters: Markets Wrap” »

The Impact of Cryptocurrency on Privacy and Data Security! Cryptocurrency has emerged as a revolutionary force in the world of finance, offering unprecedented levels of privacy and security. As digital currencies like Bitcoin, Ethereum, and many others gain widespread adoption, their impact on privacy and data security has become a topic of significant interest and…

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Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva, Switzerland – August 7, 2024 – Messari, a leading provider of digital asset markets intelligence products, and CryptoRank, a leading crypto industry research & analytics platform, have released research reports highlighting the TRON network’s significant…

Read More “Messari and CryptoRank Research Highlight TRON’s Surging Onchain Activity” »

Meme coins are bouncing back, and Popcat (POPCAT) is leading the way. This cat-themed token has surprised everyone, climbing back to the $0.579 level. Meanwhile, Shiba Shootout (SHIBASHOOT) is also picking up steam in its presale – and is fast approaching the $1 million funding milestone. Popcat Tops CoinMarketCap’s Gainers List with 123% Rally Popcat…

Read More “Popcat Leads Top Meme Coin Gainers as Shiba Shootout Nears $1M Milestone” »

Traders on the floor of the New York Stock Exchange during afternoon trading on Aug. 02, 2024. Michael M. Santiago | Getty Images Recession fears led to a sharp stock-market selloff in recent days, with the S&P 500 index posting a 3% loss Monday, its worst in almost two years. Weaker-than-expected job data on Friday…

Read More “A ‘soft landing’ is still on the table, economists say” »