• Oct 08, 2024

If You Invested $1000 in Bitcoin When Rap Legend Nas Sang That He Was 'Coin-Based, Basically Crypto-Currency Scarface,' Here's How Much You'd Have Today

American rap legend Nasir Jones, known professionally as Nas, has been one of the early adopters of cryptocurrency and even used his art to market the industry to the masses. What happened: On Apr. 30, 2021, a track titled "Sorry Not Sorry" was dropped, featuring Nas along with DJ Khaled, Jay-Z, James Fauntleroy, and Beyoncé. The song showed Nas rapping the lines, "I'm coin-based, basically crypto-currency scarface. Join us, there's gotta be more of us," in what was a clear reference to his stak

  • Oct 08, 2024

Wall Street closes higher on tech buying as investors wait on inflation data

(Reuters) -Wall Street's benchmarks finished up on Tuesday, recouping some of the previous session's losses, as investors bought back in to technology stocks and investors shifted their focus to upcoming inflation data and the start of third-quarter earnings season. All three of the main indexes suffered a sell-off on Monday, falling roughly 1% each, as they were pressured by surging Treasury yields, escalating Middle East tensions, and a re-evaluation of U.S. rate expectations. The easing of Treasury yields somewhat on Tuesday, however, meant investors were drawn to high-growth stocks, which benefit from lower debt costs to fuel their growth, such as technology companies.

  • Oct 08, 2024

Crypto.com sues US SEC after receiving legal threat from regulator

The crypto trading platform said its move follows the receipt of a "Wells notice" from the top U.S. markets regulator on the grounds that tokens traded on its platform qualified as securities. A Wells notice is a formal declaration that the regulator's staff intend to recommend an enforcement action. The SEC declined to comment.