David Solomon, CEO of Goldman Sachs, expressed doubts about the Federal Reserve cutting interest rates this year due to the resilient economy, bolstered by government spending and investments in AI infrastructure. Despite these factors, Solomon highlighted the impact of rising prices on consumer behavior, referencing recent reports from McDonald’s and Autozone indicating reduced spending. He […] Source: https://news.bitcoin.com/goldman-sachs-ceo-forecasts-no-fed-rate-cuts-this-year/
Month: May 2024
Ethereum rally stalls at $3.8K — Is SEC ETH ETF decision already priced in?
ETH price gained 25% off mere rumors, but Ethereum derivatives data suggests that Ether could see even more upside. Source: https://cointelegraph.com/news/ethereum-rally-stalls-at-3800-is-etf-decision-already-priced-in
US lawmakers demand SEC-FINRA records on Prometheum ETH custody
Prometheum’s willingness to play along with the SEC’s ambitions for crypto regulation has stirred disapproval in many quarters. Source: https://cointelegraph.com/news/congress-questions-sec-finra-prometheum-spbd
Uniswap Challenges SEC Wells Notice, Defends Autonomous Protocol
Uniswap Labs has responded to the U.S. Securities and Exchange Commission’s Wells Notice, asserting that its protocol does not fall under the agency’s regulatory jurisdiction. The response emphasizes the autonomous nature of Uniswap’s decentralized finance (defi) technology and argues against the classification of its activities as operating an exchange or broker. Uniswap Responds to SEC […] Source: https://news.bitcoin.com/uniswap-challenges-sec-wells-notice-defends-autonomous-protocol/
TRON DAO at DC Blockchain Summit
PRESS RELEASE. Geneva, Switzerland, May 22, 2024 – TRON DAO, a leading innovator in blockchain technology, showcased its prowess as a Silver Sponsor at the prestigious DC Blockchain Summit held in Washington DC on May 15, 2024. This pivotal event gathered the most influential figures in blockchain and digital assets to engage with top policymakers […] Source: https://news.bitcoin.com/tron-dao-at-dc-blockchain-summit/
Hong Kong Just Kicked Out Worldcoin Over Privacy Concerns
The Hong Kong government ordered Worldcoin to cease operations within its borders on Wednesday, accusing the identity project of skirting its privacy rules. The administration’s Privacy Commissioner for Personal Data (PCPD) is demanding Worldcoin leave Hong Kong—and is asking citizens to report if they see further Worldcoin operations. “The privacy commissioner has served an enforcement notice on Worldcoin Foundation, directing…
Japanese Bitcoin Stock Metaplanet Is Breaking The Tokyo Stock Exchange
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Metaplanet Inc.—known as “Japan’s MicroStrategy” on Crypto Twitter—has outperformed every other company on the Japanese stock market since the start of the week. Over the past…
Bitcoin price preps for ‘bigger move’ as on-chain metrics ‘reset’
Bitcoin technical and on-chain data point to a much “bigger move” for BTC now that key price metrics have “reset.” Source: https://cointelegraph.com/news/bitcoin-price-preps-for-bigger-move-as-on-chain-metrics-reset
UK election on July 4: What would Labour Party win mean for crypto?
While nothing is assured in politics, the Labour Party has a commanding lead in the polls just six weeks away from the general election. Source: https://cointelegraph.com/news/uk-general-election-july-4-labour-party-win-cryptocurrency
Solana Dev Hospitalized With Third Degree Burns Trying to Pump Meme Coin
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The livestreaming meme coins meta has taken an alarming turn. Six days after creating the TruthOrDare token (DARE) on Pump.fun, a Solana dev doused himself in…