News

Welcome to our cryptocurrency news page! Here you will find the latest news, analytical articles, and updates from the world of cryptocurrencies. We strive to provide you with the most up-to-date and reliable information.

Super Micro Computer, $SMCI, has delayed its 10K filing after Hindenburg Research said it was committing accounting fraud yesterday. The stock is now down 34% over the week.
"It’s getting harder for young Canadians to find a job. A post-pandemic influx of cheap foreign workers in restaurants and retail stores may be making it tougher," per Bloomberg.
Tether's reserve allocations have become more conventional, per Bloomberg
"For the S&P 500 we’re just getting back to the trend line that marks the very bottom of the move higher since October. That gives the equity market further room -- well, at least until the AI bubble pops," per Bloomberg.
BREAKING: SEC has voted to for funds to report portfolio holdings on a monthly basis instead of 4 times a year
BREAKING: Telegram CEO Pavel Durov has been reportedly released from the French police
The pandemic left homes out of reach for many Americans, per Bloomberg
OpenAI is opposing a bill in California that would place new safety requirements on artificial intelligence companies, per Bloomberg.
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JUST IN: OpenSea has received a Wells notice from the SEC threatening to sue because they believe NFTs on are securities, per Bloomberg
Trump says he vows to bring energy prices down 50%, per Bloomberg.
U.S. equities could rally over the coming four weeks, Goldman Sachs, $GS, strategists said, citing positive technical equity dynamics and a tailwind from corporate buybacks.
Chances of a full-fledged stock market rout are low, even though poor seasonality and a murky growth outlook are likely to limit US equity gains through the rest of the quarter, according to Morgan Stanley’s, $MS, Mike Wilson.
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By age 30, only 42% of millennials owned a home, compared to 51% of baby boomers who owned a home at the same age, per Yahoo Finance.
Nearly half of real estate investors (42%) have lost $200,000 or more on a single investment. with 45% admitting a bad investment has almost ruined them financially, & 40% wishing they never started investing in residential real estate in the first place, per Clever Real Estate.
The top 10% of high-earning millennials that are better off, holding 20% more wealth than the top-earning baby boomers did when they were in the same phase of life, per WSJ.
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"Homes will be affordable again – just not anytime soon," per Bloomberg. "Restoring purchasing power entails a slow grind of rising wages, falling mortgage rates and modest home-price gains."
In New York, rent has shot up 33% from pre-pandemic levels, and nationwide that figure is about 30%. For homeowners, increased costs for taxes, insurance and utilities have surged 26% since 2020, per Bloomberg.