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.

Ferrari to launch crypto payments in Europe after US success.
Commercial property foreclosures are on the rise, per MSCI
Billionaire Ken Griffin is making a major push to defeat a ballot amendment that seeks to legalize recreational marijuana use in Florida, per Bloomberg.
Elon Musk has said that he thinks there could be over 1,000 humans with Neuralink implants by 2026, as stated on X.
IPO market’s $23.2 billion in year-to-date proceeds exceeds total raised in 2023, per MW.
Chicago Fed President Goolsbee has said that if economy deteriorates, the Fed will 'fix it'
UBS says 'going into Japan now is like catching a falling knife,' warns stock sell-off will continue, per CNBC.
Texas housing inventory jumps 40% in the second quarter, but prices stay flat, per Housing Wire. The statewide median home price showed nearly flat growth, rising 0.6% year over year to $345,000. Sales were down 3% compared to Q2 2023, falling to 93,417.
24.5% of people trying to sell their homes received a price cut in June, the highest rate for this time of year in Zillow records dating back to 2018.
Coca-Cola, $KO, has said it will pay $6 billion in back taxes and interest to the Internal Revenue Service while it appeals a final federal tax court decision in a case dating back 17 years
Blackstone, $BX, increased rent prices for its San Diego units by an average of 38%, or $600, since it acquired them in 2021, per YF.
New mortgages in the US are affordable in just 11 of 50 major markets, per Zillow.
"US consumers are increasingly 'tapped out'," per Investopedia. The U.S. economy is coming under pressure— despite cooling inflation and continued strength in the labor market—as consumer demand will likely soften, per Morning Consult
Donald Trump has said Meta, $META, Chief Executive Officer Mark Zuckerberg called him multiple times over the past few weeks, including after the former US President faced an assassination attempt in mid-July.
Homelessness in the USA was the highest ever on record in 2023, per Heather Long of WaPo. In 2024, homeless shelters and services are seeing an uptick in people WITH JOBS who are living in cars
Florida's housing market is seeing 'nightmare scenarios' as buyers back out due to affordability concerns, Redfin has said.
The tough US housing market is hurting sales of big-ticket home appliances, Whirlpool, $WHR, has said
Fed’s reverse repo facility usage sinks below $300 billion for first time since 2021
Prices are still higher than they were last year – they’re just rising at a slower pace. And consumers are still trying to catch up to the price spikes of 2022 and 2023. Read more
Unusual Whales has partnered with @Temaetfs & their $HRTS ETF, the GLP-1 ETF. Novo Nordisk, $NOVO, reported: - Net profit: 20.05 billion Danish kroner ($2.93 billion), est: $20.9 Danish kroner - Raised 2024 outlook, sales growth 19%-27% See $HRTS ETF