Image by Brian Yue, MidjourneyThe approval of spot Bitcoin exchange-traded funds in the United States has led to a rise in Australian interest in Bitcoin according to a February 21 survey. Australian-based crypto exchange Independent Reserve’s survey revealed that Bitcoin sentiment in Australia experienced a 25% boost after spot Bitcoin ETFs received approval from the...
Image by Jimmy Aki, MidjourneyOn February 21, popular Bitcoin maximalist Fred Krueger issued a warning about the world’s first-ever smart contract network, Ethereum. In a post on X (formerly Twitter), Krueger stated that Ethereum is rapidly losing its essence with growing competition in decentralized finance (DeFi). Ethereum Is An Overvalued Shiba Inu According to the...
Source: Coinage / YouTubeMontenegro’s High Court just decided that the founder of the failed Terra crypto blockchain Do Kwon will be extradited to the US, where he is being prosecuted for crypto fraud, a local news outlet reported on Wednesday. Do Kwon Extradited: Terra Founder Faces Fraud Charges in US Kwon faces eight charges from...
A class action lawsuit by investors of FTX is being brought against law firm Sullivan and Cromwell for its involvement in the $8 billion fraud, according to a February 16 Miami court filing. The extensive filing alleges Sullivan and Cromwell should face a jury trial on five different counts for their part in the crypto...
Image by Brian Yue, MidjourneyThe leader of the Securities and Exchange Commission’s (SEC) crypto and cyber litigation legal team has left to join private firm White & Case, according to a February 21 press release. White & Case announced that Ladan Stewart had joined the firm as a partner in its white-collar defense group. Head of...
TOKYO (Reuters) - Japan\'s Nikkei share average on Thursday surged past an all-time closing high scaled in December 1989, as chip-related stocks jumped after U.S. chipmaker Nvidia (NASDAQ:NVDA)\'s outlook beat market expectations. The Nikkei rose to a high of 38,924.88, crossing the record close of 38,915,87 set on the final trading day of 1989. The...
By David Shepardson WASHINGTON (Reuters) -The head of the Federal Railroad Administration on Wednesday urged Norfolk Southern (NYSE:NSC) to focus on safety after a group of activist investors proposed replacing the company\'s top management. FRA Administrator Amit Bose wrote CEO Alan Shaw to \"reiterate the only avenue to ensure NS’s immediate and long-term success is...
HOUSTON and CALGARY, AB - Chord Energy Corporation (NASDAQ: CHRD) and Enerplus Corporation (TSX: NYSE:ERF) (NYSE: ERF) have announced an agreement to merge in a transaction valued at approximately $11 billion. The deal, which includes stock and cash considerations, will result in a combined entity with significant operations in the Williston Basin, boasting a joint...
On Wednesday, Jefferies, a well-known financial services company, increased its price target for Analog Devices (NASDAQ:ADI) shares, moving the target from $212.00 to $224.00. The firm maintained a Buy rating on the stock, expressing confidence in the company\'s future performance. The revision follows Analog Devices\' recent financial results, which showed a modest revenue beat of...
(Reuters) -Democrat Congresswoman Maxine Waters (NYSE:WAT) said on Wednesday she was \"deeply opposed\" to Capital One Financial (NYSE:COF)\'s $35.3 billion planned acquisition of Discover Financial and called on banking regulators to block the deal. \"This merger represents yet another struggle to rein in the economic power of the megabanks, and ensure that our financial system...