In one of his first speeches since becoming chair of the US Securities and Exchange Commission (SEC) in April, Paul Atkins addressed some of the regulatory concerns around the cryptocurrency industry. In prepared remarks for a May 19 speech, Atkins said it was a “new day” for the crypto industry under the current leadership of…
Philip Sunshine, a Stanford University physician who played an important role in establishing neonatology as a medical specialty, revolutionizing the care of premature and critically ill newborns who previously had little chance of survival, died on April 5 at his home in Cupertino, Calif. He was 94. His death was confirmed by his daughter Diana…
An unknown trader made nearly half a million worth of profit on a recently launched memecoin just before the token lost half of its value, sparking insider trading allegations after the recent wave of memecoin meltdowns. A savvy trader made an over 1,500-fold return on his initial investment, turning it into over $482,000 in less…
Eric Trump, son of the US President, announced that Trump family-backed crypto platform World Liberty Financial (WLF) plans to acquire a significant amount of the Official Trump memecoin following his endorsement of the token. Some users in the crypto community were surprised that Official Trump (TRUMP) didn’t see a stronger price reaction. “I am proud…
Bitcoin has notched its highest-ever weekly close as crypto market momentum continues and the cryptocurrency is again nearing its all-time high. Bitcoin (BTC) has closed at a weekly gain for the past six weeks in a row, and its most recent close at midnight UTC on May 18 was its highest weekly close ever at…
The Avalanche blockchain surpassed 1 million daily transactions twice in the span of a week, which was the first time the network hit this milestone since February 2024. Avalanche transactions topped the mark on June 1 and again on Saturday. Total transactions for the week beginning June 2 reached 5.8 million, the highest weekly total…
Nov 7, 2024; Raleigh, North Carolina, USA; Pittsburgh Penguins head coach Mike Sullivan comes off the ice after a loss to the Carolina Hurricanes at Lenovo Center. Mandatory Credit: James Guillory-Imagn Images Mike Sullivan is the new head coach of the New York Rangers. Sullivan, who led the Pittsburgh Penguins to back-to-back Stanley Cup titles…
Key takeaways: XRP price has gained 4% over the last 24 hours to $2.43, and its open interest has risen by 25%. Positive spot market activity flips the futures funding rate positive, suggesting a return of investor optimism. XRP could rally to $14 if a classic bull flag pattern is confirmed. XRP printed a “bull…
A major Chinese darknet marketplace suspected of facilitating crypto scams and cybercrime has been shut down by the Telegram messaging service, upon which it operated. The internet’s largest illicit marketplace, Haowang Guarantee, formerly Huione Guarantee, said it will shut down following Telegram’s ban of thousands of associated accounts on May 13. “Since all our NFTs,…
Moody’s credit rating agency downgraded the credit rating of the United States government from Aaa to Aa1, citing the rising national debt as the primary driver behind the reduction in creditworthiness. According to the May 16 announcement from the rating agency, US lawmakers have failed to stem annual deficits or reduce spending over the years,…
