The broad-market CoinDesk 20 index was down 3% over the past 24 hours, with BTC, ETH, XRP, ADA posting declines of as much as 4%. Fed governor Waller said he will advocate for "front-loading rate cuts if that is appropriate." A smaller, 25 basis-point cut would be more beneficial for asset prices, Fundstrat's Sean Farrell noted.
(Bloomberg) -- Diego Labat tamed chronically high inflation in Uruguay as its central banker. Now he wants a shot at boosting the South American country’s lackluster growth as finance chief if voters give the ruling coalition another five-year mandate in October’s election.Most Read from BloombergWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start
Last week, the government of Brazil banned X, formerly Twitter, cutting off millions of users from the Elon Musk-owned social network. It is one of the more high-profile examples of restrictions placed on platforms, and disputes around the world span a multitude of reasons: free speech (at least in the U.S.), political dissent, copyright, and illegal activity. While alternate social media platforms like Bluesky saw a surge in new users from Brazil after the ban, some still insistent on using X h...
Last week, the government of Brazil banned X, formerly Twitter, cutting off millions of users from the Elon Musk-owned social network. It is one of the more high-profile examples of restrictions placed on platforms, and disputes around the world span a multitude of reasons: free speech (at least in the U.S.), political dissent, copyright, and illegal activity. While alternate social media platforms like Bluesky saw a surge in new users from Brazil after the ban, some still insistent on using X h...
Scientists have stumbled upon a somewhat bizarre discovery: a common food coloring used in snacks can temporarily turn mouse skin transparent. The dye—known as FD&C Yellow 5 or tartrazine—allows researchers to peek inside living rodents without cutting them open. The non-invasive technique, if it can be adapted, could improve human health care. “We found that an aqueous solution of a common food color approved by the U.S. Food and Drug Administration, tartrazine, has the effect of reversibly mak...
Scientists have stumbled upon a somewhat bizarre discovery: a common food coloring used in snacks can temporarily turn mouse skin transparent. The dye—known as FD&C Yellow 5 or tartrazine—allows researchers to peek inside living rodents without cutting them open. The non-invasive technique, if it can be adapted, could improve human health care. “We found that an aqueous solution of a common food color approved by the U.S. Food and Drug Administration, tartrazine, has the effect of reversibly mak...
September has been historically a difficult month for U.S. stocks. And when it comes to the Bitcoin market, the so-called “September Effect” could be just as prevalent—and the performance of the price of BTC this first week lends credence to the theory. The Wall Street phenomenon has been well documented for nearly a century. Since 1929, the S&P 500 has declined in September 55% of the time, according to Open Markets, “by far the most out of any month, and the only individual month that has decl...
Illustration by Mitchell Preffer for Decrypt. There's depressing news for those hoping the price of crypto markets would improve this week. Depressing news for nearly all investors, it would seem. Bitcoin continued to drop, and hard, this week. Over the past seven days, the price of the asset has descended by more than 9% and—after dipping as low as $52,690 on Friday—rolled into the weekend trading hands for $53,229, according to CoinGecko. That’s significantly lower than its 2021 record of $...
Chris Larsen's endorsement comes as Ripple has emerged as one of the biggest donors in the 2024 U.S. elections, though his choice may be at odds with the company CEO's support...
Salame and his lawyers knew his guilty plea would not resolve the criminal investigation into his partner, Michelle Bond, prosecutors told the judge.
