The SPDR S&P 500 ETF also showed up on the list for the first time ever. Capital One Financial (NYSE:COF), which recently received regulatory approvals to merge with Discover Financial (NYSE:DFS), was the most shorted stock in April, according to Hazeltree’s latest Shortside Crowdedness Report. Hazeltree, a technology and data provider for the alternative asset … Read more
An urgent plea from a top former regulator presses Congress to act now, warning that inaction on crypto oversight endangers millions amid rampant fraud and market disorder. Former CFTC Chair Urges Congress to Act Now as Crypto Regulation Void Endangers Millions Rostin Behnam, former chairman of the U.S. Commodity Futures Trading Commission (CFTC) and now … Read more
Gold prices rose in Philippines on Friday, according to data compiled by FXStreet. The price for Gold stood at 5,942.72 Philippine Pesos (PHP) per gram, up compared with the PHP 5,907.86 it cost on Thursday. The price for Gold increased to PHP 69,314.56 per tola from PHP 68,908.16 per tola a day earlier. Unit measure … Read more
AI decentralized apps (DApps) have seen a spike in user activity and could soon challenge gaming and DeFi for the top spot in the DApp ecosystem, according to blockchain analytics platform DappRadar. Gaming and DeFi are both sitting on 21% dominance in April, judged by percentage of unique active wallets, while AI has climbed to … Read more
Apple is reportedly working on its own microchips across multiple product categories, including smart glasses and artificial intelligence — a hint at what’s next for the massive Silicon Valley-based tech giant. A May 8 report from Bloomberg, citing people familiar with the matter, said the company is working on new processors to power its future … Read more
Hey crypto enthusiasts! Ever heard of the Kimchi Premium? It’s a fascinating quirk of the crypto world, particularly relevant to the South Korea crypto market. Essentially, it measures the difference in cryptocurrency prices, most notably Bitcoin, between exchanges in South Korea and those elsewhere in the world. For a long time, this premium was a … Read more
NZD/USD holds losses after China released its latest trade data, indicating a slowdown in external demand. China’s trade surplus shrank to CNY 689.99 billion in April, down from CNY 736.72 billion in March. US Initial Jobless Claims dropped to 228,000 for the week ending May 3, slightly beating expectations. The NZD/USD pair continues its downward … Read more
The 22-year-old developer of Zerebro, who apparently committed suicide during a livestream on May 4, is actually alive, according to a San Francisco news outlet that claims they spoke to Yu outside his family home. The San Francisco Standard reporter George Kelly claimed on May 8 that he briefly spoke with Yu outside of his … Read more
The 22-year-old developer of Zerebro, who apparently committed suicide during a livestream on May 4, is actually alive, according to a San Francisco news outlet that claims they spoke to Yu outside his family home. The San Francisco Standard reporter George Kelly claimed on May 8 that he briefly spoke with Yu outside of his … Read more
Gold prices rose in India on Friday, according to data compiled by FXStreet. The price for Gold stood at 9,149.95 Indian Rupees (INR) per gram, up compared with the INR 9,122.89 it cost on Thursday. The price for Gold increased to INR 106,724.40 per tola from INR 106,407.60 per tola a day earlier. Unit measure … Read more