Oracle Corporation Sues Crypto Firm for Trademark Infringement
Oracle Corporation has initiated legal action against Crypto Oracle LLC and its owner, Louis Kerner, in a California federal court.
Trump Administration May Shift Crypto Regulation to CFTC
Reports indicate that President-elect Donald Trump’s incoming administration is considering a significant shift in crypto regulation.
US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth. U.S. gross domestic product — the economy's output of goods and services — slowed from the April-July rate of 3%, the Commerce Department reported Wednesday. This category includes consumer spending and private investment but excludes volatile items like exports, inventories and government spending.
Better than Bitcoin? 5 higher-return ways to trade Bitcoin
Here’s how to generate higher returns playing Bitcoin than actually buying Bitcoin.
Trump’s Embrace of Crypto Poised to Increase CFTC’s Power Over Industry
(Bloomberg) -- The US Commodity Futures Trading Commission, the underfunded regulator overshadowed by the SEC, has a path to prominence if the incoming Trump administration revamps crypto policy and installs an industry-leaning chair.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City, Car-Free Options Are GrowingIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes
HP forecasts Q1 profit below estimates on sluggish demand in PC market
(Reuters) -HP forecast its first-quarter profit below Wall Street expectations on Tuesday, signaling persistent choppy demand in the personal computers market and sending the company's shares down 8% in extended trading. Traditional PC makers have been grappling with soft demand following a boom during the pandemic. AI PCs have not boosted the overall PC demand as "buyers have yet to see their clear benefits", Gartner analyst Mikako Kitagawa said.
Short-Term Bitcoin Holders Have Moved Nearly $8B Worth of BTC to Exchanges, Signaling Price Bottom: Van Straten
Short-term holders have sent almost $8 billion worth of bitcoin to exchanges at a loss over the past two days. The volatility in recent bitcoin price action has seen wild record swings in profit-taking to panic selling.
Stock market today: Indexes trade mixed as investors digest Trump's latest tariff plans
Stocks wavered Tuesday as investors digested Trump's latest tariff plans, which he said would include a 25% tariff on imports from Canada and Mexico.
This Crypto ETF Could Soar 100% Next Year, According to Wall Street Investment Firm Bernstein
Based on analysis from Wall Street investment firm Bernstein, the iShares Bitcoin Trust could soar another 100% in 2025. The iShares Bitcoin Trust, unlike traditional ETFs, only invests in a single asset: Bitcoin. This enables it to track the daily price of Bitcoin on a nearly 1:1 basis.
Oil settles down after Israel agrees to ceasefire deal with Hezbollah
HOUSTON (Reuters) -Oil prices settled lower on Tuesday, extending the previous day's losses in choppy trade after Israel agreed to a ceasefire deal with Hezbollah, reducing oil's risk premium. The accord between Israel and armed group Hezbollah was expected to take effect on Wednesday, U.S. President Joe Biden said. Israeli Prime Minister Benjamin Netanyahu said he was ready to implement a ceasefire and would "respond forcefully to any violation" by Hezbollah.