Recession Fears Sink Crypto Market, But Is It Just a Blip on the Radar? The crypto market has taken a tumble, with Bitcoin and US cryptocurrency-related shares plummeting in value. But is this a sign of impending doom or just a normal correction in an otherwise volatile market? To answer this quest
The cryptocurrency market is notorious for its volatility, and Bitcoin is no exception. Recently, its price plummeted from $70,000 to around $50,000, leaving many investors wondering what's next for this digital darling. But, in a remarkable turn of events, Bitcoin's price has rebounded back to $60,
The crypto industry is on a spending spree, dumping over $119 million into the 2024 U.S. presidential election. This staggering amount is more than even giant conglomerates like Koch Industries, which contributed $28 million to its Americans for Prosperity Action PAC. But what's driving this unprece
The U.S. Securities and Exchange Commission has filed settled charges against Plutus Lending LLC, doing business as Abra, for allegedly failing to register its retail crypto asset lending product, Abra Earn. The SEC charged Abra with violating registration requirements under the Securities Act of 1
In recent years, scammers have been exploiting the rise of Bitcoin ATMs to dupe unsuspecting victims out of their hard-earned cash. According to the Federal Trade Commission (FTC), the amount of money lost to these scams has skyrocketed, with over $110 million reported in 2023 alone. What's more, ol
It's September, which means the cryptocurrency market is once again entering its most infamous month. Since 2013, the market has historically taken a nosedive in September, with negative returns in eight of the past eleven years. But, this year, whispers of an impending Federal Reserve rate cut are
California is on the cusp of making a decision that will have far-reaching consequences for its criminal justice system. Proposition 36 on the November ballot proposes to unwind Proposition 47, which made some drug and theft crimes misdemeanors instead of felonies ten years ago. But before making an
In a shocking turn of events, Hulu's Only Murders in the Building failed to win a single award at the 2024 Emmys, despite being nominated for 21 awards. The show, which stars Selena Gomez, Steve Martin, and Martin Short, was expected to make a strong showing, but ultimately went home empty-handed. B
The crypto industry's influence on campaign finance is a shocking phenomenon. Despite being an industry that has largely failed to find legitimate applications for its products, it has managed to spend lavishly on political campaigns and influence policy-making. At first glance, this might seem surp
As investors eagerly await the Federal Reserve's policy meeting, stock futures are experiencing a lukewarm response. Will the central bankers' decision to cut interest rates for the first time since 2020 be the spark that sets the market ablaze? Or will it be a mere afterthought in the grand scheme
