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Xbox Suffers Major Outage


Xbox users have spent the last several hours cut off from the platform’s online features following a major outage. Microsoft confirmed the issues were widespread across Xbox Series X/S accounts but said its investigation into the source of the downtime was taking longer than expected. Read more

Report: Market Analyst John Hussman Warns of Major Downside for S&P 500


John Hussman, a prominent market strategist known for predicting the 2000 and 2008 crashes, warns of a significant downside for the S&P 500. Hussman highlights elevated asset prices and narrow market participation, suggesting a potential decline of 50-70%. Analyst Predicts Major Stock Downturn...

SEC’s Case Against Binance Moves Forward With Major Allegations Intact


The U.S. District Court for the District of Columbia has issued an order in the SEC’s case against Binance and its founder Changpeng Zhao. The court allowed most claims to proceed, including those related to unregistered crypto sales and fraudulent practices, while dismissing some claims...

Barstool’s Dave Portnoy Plans Major BTC Buy if Price Drops to $40,000


American businessman Dave Portnoy, the founder and owner of Barstool Sports, announced that if bitcoin drops to the $40,000 range, he will invest $5-10 million worth of BTC using Barstool funds. Portnoy stated that while he personally owns BTC, he wouldn’t use Barstool money to buy at...

Jason Derulo Hints at Major Collabs for Crypto Projects


In this post Hollywood’s Jason Derulo has triggered a memecoin frenzy with his recent post on X. Celebrities tap into the memecoin frenzy. Pop star Jason Derulo, known for his global musical hits, has now entered the cryptocurrency world with the $Jason token. Today, Derulo posted on his...

Week of Woe: Major Crypto Assets Suffer, Some AI Coins Buck Trend


Over the past week, bitcoin has slid 6.6% while ethereum has lost 5.5% against the U.S. dollar, but a large handful of alternative digital assets saw much bigger losses this past week. The meme coin dogwifhat (WIF) was the week’s biggest loser shedding 31.2% while notcoin (NOT) lost 24.3%...

Bernstein expects major wirehouses to approve Bitcoin ETFs soon


The Bitcoin ETF trade has been the subject of conflicting discussions, with retail investors coercing initial distributions and institutional participation limited to basis trade. This demonstrates that ETF flows are essentially fabricated. Analysts at Bernstein, a research and brokerage-oriented...

Base emerges as major player in Ethereum rollup with SocialFi integration


Base, which is a Coinbase nurtured Ethereum layer 2 network, is now a fiery competitor in the Ethereum rollup scenario, gaining an enormous user base via SocialFi apps, on its platform, like Friend.tech, Aerodrome, a sought-after decentralized exchange and Moonwell, a lending protocol. It also...

Shiba Inu poised for major bull run, predicts crypto analyst Coach K


A recent survey on social media platform X revealed that Coach K, a cryptocurrency expert and technical analyst based in Bangkok, expects a bright future for Shiba Inu (SHIB). This meme coin is anticipated to begin a major uptrend soon. This forecast comes at a crucial time for SHIB since...

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