Midday Equities Mayhem: Nasdaq Drops as Cyclicals Take the Wheel
U.S. equities traded mixed midday Thursday, with the Dow Jones Industrial Average edging higher while the S&P 500 and Nasdaq Composite remained under pressure as investors recalibrated rate expectations and rotated out of high-growth technology shares. Wall Street Splits as Dow Grinds Higher While Tech Drags Nasdaq Lower As of late morning Feb. 12, the … Read more
Trump family’s WLFI plans FX and remittance platform: Report
The platform hopes to capture a fraction of the more than $9.6 trillion in daily trading volume in the foreign currency exchange market. Go to Source
The real ‘supercycle’ isn’t crypto, it’s AI infrastructure: Analyst
AI data center spending is eclipsing crypto’s hoped-for supercycle as Bitcoin miners shift capital toward high-performance computing infrastructure. Go to Source
Bitcoin must close week at $68.3K to avoid ‘bearish acceleration:’ Analyst
Bitcoin may continue to copy its 2022 bear market if bulls fail to reclaim the 200-week exponential moving average by the end of the week, new analysis said. Go to Source
How a Bitcoin promotion error triggered a regulatory reckoning in South Korea
A mistaken Bitcoin payout revealed how exchange ledgers work and why South Korea is rethinking internal controls for crypto platforms. Go to Source
Binance teases Bitcoin bullish ‘shift’ as crypto sentiment hits record low
Bitcoin net taker volume flipped positive after a month of “aggressive” selling, but sentiment crashed to its lowest levels in crypto market history. Go to Source
Binance teases Bitcoin bullish ‘shift’ as crypto sentiment hits record low
Bitcoin net taker volume flipped positive after a month of “aggressive” selling, but sentiment crashed to its lowest levels in crypto market history. Go to Source
Defunct P2P Crypto Platform Paxful Sentenced to $4M Penalty for Money Laundering, Travel Act Violations
Peer‑to‑peer cryptocurrency trading platform Paxful was sentenced to pay a $4 million criminal penalty after pleading guilty to conspiring in schemes that promoted illegal prostitution and violated the Bank Secrecy Act. Prioritizing Profit Over Compliance Paxful Holdings, a peer-to-peer cryptocurrency trading platform, has been sentenced to pay a $4 million criminal penalty after admitting to … Read more
Defunct P2P Crypto Platform Paxful Sentenced to $4M Penalty for Money Laundering, Travel Act Violations
Peer‑to‑peer cryptocurrency trading platform Paxful was sentenced to pay a $4 million criminal penalty after pleading guilty to conspiring in schemes that promoted illegal prostitution and violated the Bank Secrecy Act. Prioritizing Profit Over Compliance Paxful Holdings, a peer-to-peer cryptocurrency trading platform, has been sentenced to pay a $4 million criminal penalty after admitting to … Read more