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Business

Brainard tells House committee about potential role of CBDC, future of stablecoins

United States Federal Reserve vice chair Lael Brainard submitted a written statement in advance to the Financial Services Committee virtual hearing on the benefits and

Cryptocurrencies

Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first

The cryptocurrency market was hit with another round of selling on May 26 as Bitcoin (BTC) price dropped to $28,000 and Ether (ETH) briefly fell under

Invest

Here is why VMware shares are up 20%

VMware Inc. (NYSE: VMW) shares are up 20% after reports that Broadcom Inc. (NASDAQ: AVGO) announced that it was in talks to purchase the cloud

Cryptocurrencies

Ethereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry

Ether’s (ETH) performance over the past three months has been less than satisfying for holders and the 50% correction since April 3 caused the altcoin

Cryptocurrencies

Spooky Solana breakdown begins with SOL price facing a potential 45% drop — Here’s why

Solana (SOL) dropped on May 26, continuing its decline from the previous day amid a broader retreat across the crypto market. SOL price pennant breakdown

Bitcoin

Bitcoin ‘good to go up’ after BTC price hits lowest since Terra crash

Bitcoin (BTC) recovered from a major dip at the May 26 Wall Street open as the market quickly exhausted buy support.  BTC/USD 1-day candle chart

Invest

Broadcom set to acquire VMware for $61 billion

Broadcom Inc. (NASDAQ: AVGO) has announced that it’s set to acquire enterprise software firm VMware, Inc. (NYSE: VMW) in a cash and stock deal amounting

Cryptocurrencies

Powers On… When will we learn from recent history to protect our crypto and ourselves?

Stablecoins provide a false sense of security. They give the impression to the uninitiated and/or uncaring that a particular coin is pegged to the U.S.

Bitcoin

ECB president’s anti-crypto comments trigger community responses

From expressing disappointment to criticizing the euro, the community fired back at European Central Bank (ECB) president Christine Lagarde for her recent anti-crypto remarks.  As

Business

Cathie Wood’s Ark and 21Shares refile for spot Bitcoin ETF

ARK Investment Management, an investment firm founded by veteran investor Cathie Wood, is taking another try to launch a spot Bitcoin (BTC) exchange-traded fund (ETF)