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AI Will Be One of the Most Important Investment Themes Over the Next Decade: Morgan Stanley
8.8.2023
The generative-AI market rally is assumed to have started with the launch of ChatGPT late last year, the report said
New York Man Admits to Billion-Dollar Bitcoin Hack From 2016, Pleads Guilty With Wife to Money Laundering
4.8.2023
In an unexpected revelation, Ilya Lichtenstein, 35, confessed to being the original hacker behind the 2016 cyberattack on crypto exchange Bitfinex, a theft that was once worth $4.5 billion. Lichtenstein made the admission while pleading guilty to laundering the stolen bitcoin in a Washington, D.C....
NY Couple to Forfeit Billions in Crypto and Cash in Plea Deal Over Bitfinex Hack Laundering Case
21.7.2023
Ilya Lichtenstein and Heather Morgan, the New York-based couple implicated in the alleged laundering of $4.5 billion in bitcoin pilfered from the 2016 Bitfinex cyber-attack, have reached a plea bargain, as revealed by recent court records. The pair is scheduled to appear before U.S. judge Colleen...
Women Are Staying In FC 24 Ultimate Team, Go Cry About It
18.7.2023
EA FC 24, the first post-FIFA soccer game from the sports mega-publisher, isn’t out until September 23, but the team behind it is already putting out fires lit by giant adult babies. Read more
Ripple’s XRP Ruling a ‘Milestone Win’ for Crypto Industry, Says J.P. Morgan
14.7.2023
A summary judgment partially in favor of payments network Ripple represents a milestone win for the crypto industry and provides legal clarity as to what does and doesn’t represent a security, J.P. Morgan wrote in a research note Friday
Ripple’s XRP Ruling a ‘Milestone Win’ for Crypto Industry, Says JMP Securities
14.7.2023
A summary judgment partially in favor of payments network Ripple represents a milestone win for the crypto industry and provides legal clarity as to what does and doesn’t represent a security, JMP Securities wrote in a research note Friday
ETF approval may boost Bitcoin's liquidity, but it won't be a game changer — JPMorgan
7.7.2023
According to a JPMorgan report, spot Bitcoin ETFs have been available in Canada and Europe without drawing large investor interest
JP Morgan Cast Doubts On The Possible Effects of A Spot BTC ETF
7.7.2023
Financial giant, JP Morgan believes that an approval of a spot Bitcoin (BTC) ETF by the Securities and Exchange Commission (SEC) will not significantly affect the price and adoption of the asset.
In a new report, the bank opined that while the community lauds the remarkable progress made by firms...
Amazon Prime Is Giving Away Some Pretty Good PC Games, Overwatch Levels For Free
23.6.2023
Amazon Prime Day is still a couple weeks away, but from now until July 12 you can begin picking up some extra free gaming perks for those already subscribed to the service. First up is Prey, the excellent 2017 immersive sim that Arkane Austin made before shipping the troubled Game Pass exclusive...
Ripple case more crucial than ever amid Coinbase, Binance SEC crackdown: Lawyers
9.6.2023
Whether XRP is ruled as a security or not in the Ripple case will certainly have an influence on the two latest crypto exchange lawsuits, crypto lawyers told Cointelegraph
‘De-Dollarization Emerging’ but Greenback Will Retain Its Dominance — JP Morgan Strategists
8.6.2023
Two JP Morgan strategists have said the U.S. dollar will retain its dominant position even as it is being challenged by alternative currencies such as the Chinese yuan. According to a report, the yuan currently accounts for just 7% of global foreign exchange trade volumes while the greenback...
JP Morgan Chase Files Trademark for Finance-Themed Chatbot in US
27.5.2023
JP Morgan Chase has filed a trademark application with the US Patent and Trademark Office for a finance-themed AI chatbot named “IndexGPT.”
According to the application filed earlier this month, the tool is intended to assist investors in selecting financial securities and financial...
146 Top Executives Urge Biden to Prevent US Default — Warns of ‘Disastrous Consequences’
18.5.2023
Top executives from 146 major companies in the U.S. — including Morgan Stanley, Goldman Sachs, Nasdaq, and Pfizer — have urged President Joe Biden and congressional leaders to act swiftly to prevent the U.S. from defaulting on its debt, which could occur as early as June 1. They warned...
South African Currency Plunges to New Low Versus the Dollar a Day After the US Accused Country of Secretly Supplying Ammunition to Russia
14.5.2023
The South African currency’s exchange rate versus the U.S. dollar plunged to a new all-time low of ZAR19.51:US$1 on May 12. The rand’s latest fall came a day after the U.S. ambassador to South Africa accused the country of secretly supplying weapons to Russia. Banking giant JP Morgan...
What's Next for Crypto Prices as US Regional Banks Take a Hit? – yPredict Tool Makes AI Price Predictions Easy
5.5.2023
The US banking sector is in the midst of a crisis, and the government's efforts have been insufficient, and some would even say damaging.
As regional banks face financial headwinds, the cryptocurrency market is on the lookout for ripple effects.
Amidst the crisis, yPredict's presale has received...
Morgan Stanley Strategist Warns of Equities Sell-Off in Response to ‘Hawkish’ Fed Message
2.5.2023
On Monday, Morgan Stanley’s equity strategist, Michael Wilson, shared his thoughts on the state of Wall Street. He expressed his belief that a sell-off could be imminent, and that this could occur as a result of U.S. Federal Reserve chairman Jerome Powell’s upcoming remarks...
Economist Predicts Shift to Tripolar Reserve Currency World — Yuan, Euro to Disrupt US Dollar’s Dominance
30.4.2023
Economist Stephen Jen, a former Morgan Stanley managing director, expects a shift “from a unipolar reserve currency world to a multipolar world,” with the Chinese yuan, the euro, and the U.S. dollar forming a “tripolar” reserve currency configuration. ‘A Multipolar World’ Economist...
Warren Buffett was wrong about a 'rat poison' Bitcoin portfolio, data shows
21.4.2023
Warren Buffett is not a big fan of Bitcoin and this position has cost his investment portfolio at least a 320,000% potential gain
Here is What Analysts Are Saying About the Ethereum Blockchain’s Shanghai Upgrade
12.4.2023
Analysts differ on the amount of ether (ETH) selling pressure that could result from the Ethereum blockchain’s Shanghai upgrade, scheduled for later today. The Shanghai upgrade (aka Shapella), will enable validators to withdraw staked ether and rewards that have been locked up
$1.12B in Bitcoin options expire this week, and bulls appear to be at a disadvantage
6.4.2023
Commodities rallied as the U.S. Treasury struggled with the banking crisis, but Bitcoin bulls also overplayed their hand in this week’s options expiry