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World’s Biggest Bank Warns Crypto Gains May Be Short-Lived

JPMorgan analysts are suggesting that any recent gains in cryptocurrency prices are likely to be short-term rather than indicative of a lasting upward trend.

21.07.2024 20:20 1 min. read Alexander Stefanov

Worldcoin Faces Allegations of Price Manipulation and Market Control

Worldcoin (WLD) is under fire following allegations of price manipulation, which have raised concerns about the integrity of its market activities.

21.07.2024 15:30 1 min. read Alexander Stefanov

Crypto Trends Q2 2024: Meme Coins and AI Lead the Way

The second quarter of 2024 in the crypto world was dominated by meme coins, Real World Assets (RWA), and Artificial Intelligence (AI), maintaining a strong market presence at 35.7%, similar to the first quarter.

21.07.2024 14:00 2 min. read Alexander Stefanov

Meta Slashes Reality Labs Budget by 20% – Here is Why

Meta is set to slash its Reality Labs budget by 20% by 2026, a strategic move aimed at realigning the division’s focus and managing costs.

21.07.2024 10:30 2 min. read Alexander Stefanov

Trading Company Eyes $2 Billion Funding Boost with Tencent’s Backing

Wintermute Trading Ltd., a key cryptocurrency trading firm, is reportedly aiming to secure up to $2 billion in funding.

21.07.2024 11:00 1 min. read Alexander Stefanov

Top American Banks Report Billions in Losses Due to Rising Bad Debts

Major U.S. banks are grappling with significant financial losses due to rising unpaid debts. Bank of America, Citigroup, and Goldman Sachs have reported combined losses of $4.1 billion.

21.07.2024 8:30 1 min. read Alexander Stefanov

Court Allows Binance US to Invest Customer Funds in Treasury Bills

A US court has approved Binance US’s request to invest customer fiat funds held at BitGo into US Treasury Bills.

20.07.2024 14:00 1 min. read Alexander Stefanov