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US Jobs Report Surprises on the Upside Ahead of Fed’s December Meeting
The nonfarm payroll data released this morning showed that the US economy added 199,000 jobs in November which was better than the 190,000 that analysts were expecting and well ahead of the October reading of 150,000. The unemployment rate also... -
El Salvador Launches $1M BTC Freedom Visa – But It’s Too Pricey
El Salvador has announced the launch of its citizenship-by-investment program. However, interested investors have to invest at least $1 million or its equivalent in Bitcoin to get a state-recognized "Freedom Visa." Tether Powers El Salvador's BTC Visa Pro-Bitcoin nation El... -
Former Binance CEO CZ’s Guilty Plea Accepted By US Court, Still No Approval for UAE Trip
A federal judge has approved Binance founder Changpeng Zhao's guilty plea for money laundering. However, the judge has yet to determine whether CZ can depart from the United States before his scheduled sentencing date in February. Accepts Guilt for Bank... -
Former SEC Official Cites Regulatory Oversight and Greater Fool Theory, Dismisses High Likelihood of Bitcoin ETF Approval
According to John Reed Stark, a former SEC official, there are two main reasons why cryptocurrency prices, like Bitcoin, are going up. First, he talks about the rules and oversight that the government puts on the crypto industry. If there's... -
Lobbying Expenses Surge for US Crypto Companies in 2023: Report
The cryptocurrency sector in the United States has reached a new milestone, with lobbying expenses reaching $18.96 million between January and September 2023. This notable increase in spending underscores the industry's proactive approach to restoring its reputation and promoting a... -
NIO Stock Rises on Better-Than-Expected Q3 Earnings: Key Takeaways
NIO stock is trading higher in early US price action today after the company released its earnings for the third quarter of 2023. Here are the key takeaways from the report. NIO reported revenues of $2.61 billion in Q3 which... -
Robinhood Reports 75% Increase in Crypto Trading for November: CEO Expects Revenue to Hit’ Nine Figures
In November, Robinhood witnessed a significant increase in digital asset trading activity, marking an impressive surge of 75% compared to the previous month. Meanwhile, its stock trading volume remains flat. Bitcoin Red-Hot Trajectory Boost Robinhood Month-to-Month Levels Crypto trading platform... -
MicroStrategy’s Bitcoin Gains Soar 30%, Netting $1.6B on $5.314B Bet
MicroStrategy, a business tech and cloud services company listed on Nasdaq as "MSTR," recently made a savvy move by increasing its bitcoin investments by over 30%. They invested $5.314 billion in Bitcoin, and thanks to the cryptocurrency's value rising above... -
What is OctaFX?
OctaFX, now rebranded as Octa, isn't your typical Forex broker. It’s an all-in-one Forex platform that pairs cutting-edge trading tools with all-inclusive trading education, and all of this is offered without those pesky commission fees. The platform has been thriving... -
SEC Encounters Hurdles in Billion-Dollar Lawsuit Against Crypto Figure Richard Heart, Struggling to Serve Legal Documents
The U.S. Securities and Exchange Commission (SEC) is having trouble with its billion-dollar lawsuit against cryptocurrency personality Richard Heart. The issue is that the SEC hasn't been able to properly deliver legal documents to Heart, making the case more complicated....
