Strategists at Bank of America Securities expect Nvidia's earnings report on Wednesday to be more volatile than the next non-farm payrolls data, the consumer price index or the Federal Reserve's decision. They urged clients to hedge against the potential impact in case the results were disappointing. The team, which includes Gonzalo Assis and Kwon Oo-sung, said in a note to clients on Monday: "The market last week after the post-election rally...
U.S. Treasury Secretary Janet Yellen said the dollar is and will continue to be critical to the United States as the world's primary reserve currency, and the dollar's status is truly based on our strong macroeconomic performance, low inflation, robust institutions, strong capital markets, the rule of law, and very deep and liquid capital markets. There is really no other currency that can compare to the dollar. Confidence in the dollar's position will ensure that we continue to be on a sound fi...
The Stacks Foundation posted on X that Primary Testnet has been successfully hard-forked and is running the full version of Nakamoto. This is the last "dress rehearsal" before the mainnet hard fork and is on schedule.
The SEC said in an Oct. 10 statement that Rimar Capital LLC, Rimar Capital USA CEO Itai Liptz, and Rimar USA board member Clifford Boro jointly paid a $310,000 civil penalty to settle fraud-related charges - which they did not admit or deny. Andrew Dean, co-head of the SEC's asset management division, claimed that Liptz and Boro used AI "buzzwords" to describe Rimar's "AI-powered" platform purportedly used to trade cryptocurrencies, stocks and futures, in order to give potential investors an adv...
美国SEC 在 10 月 10 日的声明中表示,Rimar Capital LLC、Rimar Capital USA的首席执行官 Itai Liptz 和 Rimar USA 董事会成员 Clifford Boro 共同支付了 310,000 美元的民事罚款,以了结与欺诈相关的指控——他们没有承认或否认这些指控。 SEC 资产管理部门联席负责人 Andrew Dean 声称,Liptz 和 Boro 使用 AI“流行语”来描述 Rimar 据称用于交易加密货币、股票和期货的“AI 驱动”平台,从而向潜在投...
The Block posted that in 2018 there were only about 50 funds focused primarily on cryptocurrency investments. Today, there are more than 1,150 globally. By comparison, there are about 4,000 registered hedge funds in the United States alone and about 30,000 globally. In terms of venture capital, cryptocurrencies raised more than $72 billion between 2018 and 2023, while general venture capital in the U.S. raised more than $600 billion during the same period. The balance remains heavily tilted towa...
As the U.S. congressional primaries come to an end, Fairshake, a leading political action committee (PAC) funded by Digital Assets, has its sights set on the general election. The PAC announced Wednesday that it is starting to campaign for ad time in 18 precincts, planning to spend around $25 million to support crypto-friendly lawmakers. Fairshake spokesperson Josh Vlasto said in a statement: "We will continue to deploy resources to support leaders from both parties and the House and Senate who ...
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Fairshake PACs have backed more than 20 victories in the 2024 US congressional primaries with huge sums of money, including this week's defeat of an incumbent congressman in New York. Although they did not mention digital assets in their campaign ads, it remains a mystery who controls the funds, how they work and whether they are involved. Fairshake PACs and the companies behind them declined to disclose information about their funding sources and organizational connections.