Crypto and stock trading platform eToro has seen its share price gain nearly 30% during its debut on the Nasdaq after the company made a last-minute boost to its initial public offering. Shares in eToro Group Ltd (ETOR) closed May 14 trading at $67, up 28.9% from its initial offering price of $52, according to … Read more
War-torn Ukraine may soon become the first European country to launch a Strategic Bitcoin Reserve, with support from global crypto giant Binance. Yaroslav Zhelezniak, Deputy Chairman of the Committee on Finance, Tax and Customs Policy, made the announcement. He said a bill to create the reserve is nearly complete. He hopes to bring it before … Read more
Too many crypto startups are pricing themselves out of venture capital funding by chasing valuations far exceeding their revenues, according to Dan Tapeiro, the CEO of crypto-focused venture capital firm 10T Holdings. “For some reason, founders and CEOs think that they should be raising capital at 50 to 80 times revenue. So that makes it … Read more
The U.S. banking system is officially primed for a digital evolution as the OCC confirms its readiness to support blockchain, stablecoins, and crypto-powered financial services. OCC Endorses Crypto Future for US Banks, Calling System ‘Well Positioned’ The Office of the Comptroller of the Currency (OCC), the federal agency that supervises national banks and federal savings … Read more
Brec Bassinger in “Final Destination Bloodlines.” Warner Bros. Pictures Given the Rube Goldberg/Mouse Trap-like machinations of the first Final Destination Bloodlines trailer, it was clear that directors Zach Liposky and Adam Stein had a whole new game in mind for the latest chapter of the famed 25-year-old horror film franchise. And yet, while the directing … Read more
XAG/USD pressured by higher US Treasury yields and growing belief Fed will hold rates steady. Price consolidates between $32.00 support and $32.73 resistance; momentum favors bears with RSI tilting lower. Break below 100-day SMA at $31.91 opens path to $31.30 and $31.00; upside capped by $33.00 and $33.68. Silver price fell 2% on Wednesday amid … Read more
Crypto News As the crypto space continues to evolve, projects like Solana and Cardano have captured significant attention with their focus on scalability and speed. However, both have faced setbacks, with Solana dealing with network issues and Cardano struggling with delayed updates. In contrast, BlockDAG presale is rapidly progressing with a unique approach that includes … Read more
Key takeaways: Bitcoin (BTC) retail traders are known for entering the market during periods of euphoria, typically after strong monthly gains or a new all-time high. This time is no different, with Bitcoin approaching $104,000 on May 14 while general public interest and retail activity continue to lag. Analysts estimate that in 2025, retail investors … Read more
Top House Democrats are pressing the Treasury Department to release all suspicious activity reports related to Donald Trump’s crypto ventures, Elon Musk’s America PAC, the GOP fundraising platform WinRed, and several alleged scam PACs. The May 14 letter, signed by Reps. Gerald Connolly, Joe Morelle, and Jamie Raskin, cites possible campaign finance violations, foreign influence, … Read more
The SEC has launched proceedings to assess Nasdaq’s proposed rule change that would allow in-kind creations and redemptions for Blackrock’s Bitcoin ETF. SEC Reviews Nasdaq’s In-Kind Rule Change for Blackrock Bitcoin ETF The U.S. Securities and Exchange Commission (SEC) issued an order on May 13 to commence proceedings that will determine whether to approve or … Read more