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Strike Launches Operations in the UK, Expands Global Reach
Strike, a Bitcoin Payments App, has announced the start of its operations in the United Kingdom. The company announced the expansion in a blog post on Tuesday, marking another milestone in its rapid global expansion that follows recent launches in... -
Nike Stock Falls to 52-Week Lows after Disappointing Earnings
Nike stock, which was anyways having a rough ride in 2024 looks fell to its 52-week lows in today’s price action after the company’s fiscal Q4 2024 revenues fell short of analysts’ estimates. To make things worse, its guidance also... -
Analyst Predicts Solana ETF Approval Could Hinge on Presidential and SEC Changes
On June 27, Bloomberg ETF analyst Eric Balchunas shared his insights on the recent application by VanEck for a Solana exchange-traded fund (ETF). Balchunas projected that the approval of the Solana ETF is likely if there is a change in... -
Bitget Research Predicts $25 Billion Loss in Crypto Sector from Deep Fakes in 2024
In a report released on June 27, the research team at Bitget exchange revealed that deep fake scams is fueling a major increase in cryptocurrency losses. They projected that scams involving deepfakes could lead to a loss of over $25... -
SEC Chair Gary Gensler Reports Smooth Progress for Ethereum ETF Process
On June 25, US Securities and Exchange Commission (SEC) Chairman Gary Gensler disclosed that the regulatory review process for spot Ether ETF is going well, thus paving the way for a new ETF debut in the coming months. Spot Ether... -
Rivian Stock Rallies After Volkswagen Announces Investment in EV Startup
Rivian (NYSE: RIVN) stock is trading sharply higher in US premarket price action today after Volkswagen announced a $5 billion investment in the cash-guzzling company. Last year, Volkswagen also invested in Chinese EV company Xpeng Motors. Initially, Volkswagen would invest... -
Anthony Pompliano Anticipates AI and Bitcoin’s Contribution to Wealth Building
On June 24, Anthony Pompliano, founder of venture capital firm Pomp Investments, expressed his views on the economic impact of AI and Bitcoin. He predicts that AI will generate wealth, and Bitcoin will play an important role in preserving and... -
Michael Saylor Foresees Bitcoin Price Soaring to $10 Million Due to its ‘Economic Immortality’
On June 23, MicroStrategy’s Executive Chairman, Michael Saylor, provided a new forecast on Bitcoin’s market trajectory. The stoic Bitcoin advocate predicts that the price of BTC will soar to $10 million per coin within a few years, referring to this... -
China and EU Set to Hold Talks on Proposed EV Tariffs
Earlier this month, the EU imposed tariffs of upto 38.1% on electric vehicle (EV) imports from China. The two have however agreed to hold talks on the proposed tariffs which China has bitterly opposed and termed them “blatant protectionism.” Germany's... -
Ripple Confirms XRP Is Not a Security Following New Court Ruling
Ripple, a prominent cryptocurrency company, has secured a significant legal win as a California district judge dismissed allegations of federal securities law violations. This decision reaffirms a previous ruling that XRP, Ripple’s cryptocurrency, is not a security. Here’s a detailed...
