Bitcoin Falls Below $42,000 Following Inflation Data; Frax Share, eCash Among Top Losers
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the $42,000 level on Tuesday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $2,300 mark this morning. KuCoin Token (CRYPTO: KCS) was the top gainer over the…
Australian, American charged with running crypto Ponzi scheme
Washington (AFP) – An Australian man and a US national have been charged in California with operating a cryptocurrency Ponzi scheme, the Justice Department said Tuesday. David Gilbert Saffron, 51, of Australia, and Vincent Anthony Mazzotta Jr, 52, of Los…
KuCoin Banned In New York As Part Of $22M Settlement For Illegal Crypto Transactions
Published by Benzinga New York Attorney GeneralLetitia James on Tuesday announced a settlement with KuCoin, with the Seychelles-based exchange agreeing to pay over $22 million for failing to register as a securities and commodities broker-dealer and for misrepresenting itself as…
3 Key Catalysts Spark Robinhood’s Bullish Turn: One Market Will Add ‘Millions In New Accounts,’ Analyst Says
Published by Benzinga Robinhood Markets Inc. (NASDAQ:HOOD) has witnessed a notable surge in its cryptocurrency trading volume, experiencing a 75% increase in November compared to October. This surge was accompanied by a substantial $1.4 billion in net asset deposits during…
Trader Joe’s Fee Capture, Revenue Hit Second-Highest Marks: Avalanche’s DEX Becomes DeFi Powerhouse
Published by Benzinga Trader Joe, a leading decentralized exchange (DEX) on the Avalanche (CRYPTO: AVAX) blockchain, achieved a significant milestone on Dec. 11, with its fee capture reaching $1.23 million and revenue hitting $145,000. These figures represented the second-highest levels…
Why Kinetik (KNTK) Shares Are Trading Lower
Published by Benzinga Kinetik Holdings Inc (NYSE: KNTK) shares are trading lower by 3.8% to $33.08 during Tuesday’s session after the company increased the size of its secondary offering to 6.5 million shares of Class A common stock at $31.50…
Dollar pares losses after data shows some inflation remains sticky
Published by Reuters UK By Karen Brettell NEW YORK (Reuters) -The dollar pared losses against the euro and yen on Tuesday after data showed that some underlying measures of inflation remained relatively elevated in November even as price gains came…
Anthony Scaramucci Sees Brighter 2024 For Bitcoin, DeSantis Condemns Trump’s Debate Absence As Cowardice – Top Headlines Today While US Was Sleeping
Published by Benzinga US Markets Oracle Reports Weak Sales, Joins Kinetik, Lucid Group And Other Big Stocks Moving Lower In Tuesday’s Pre-Market SessionInvestor Optimism Improves Further Ahead Of Inflation Data; Dow Gains For Third Straight DayCrypto Anthony Scaramucci Sees Brighter…
Cathie Wood Loads Up On $9M Worth Of Microsoft, Meta And An Evergreen Chip Stock: Time To Dip Into Tech Shares?
Published by Benzinga Cathie Wood‘s Ark Investment Management engaged in a tech-buying spree on Monday during the extended rally in the stock market, acquiring notable tech stocks. What Happened: Through its ARK Next Generation Internet ETF (NYSE:ARKW), Ark purchased shares…
Binance’s Market Dominance Plummets To 30% Amid Regulatory Challenges In 2023
Published by Benzinga In a notable development, the world’s leading cryptocurrency exchange, Binance, observed a significant dip in its market share in 2023, down to 30%. What Happened: As per a report by CoinDesk, regulatory hurdles and top-level exits contributed…