Meta (NASDAQ: META) Q1 2024 Results: Cleo Capital’s Managing Director Explains Why She’s Bullish on Zuckerberg’s AI Bet

As someone who closely follows the tech industry and invests in related stocks, I find Meta Platforms Inc’s (META) first quarter 2024 results intriguing, given the comments from Mark Zuckerberg, Meta founder and CEO, Susan Li, Meta CFO, and Sarah Kunst, Managing Director at Cleo Capital. On 24 April 2024, Meta Platforms Inc (NASDAQ: META) … Read more

Morgan Stanley Reportedly Is Preparing to Allow Its Brokers to Recommend Spot Bitcoin ETFs to Clients

As a seasoned financial analyst with extensive experience in Wall Street, I believe Morgan Stanley’s decision to allow its brokers to actively recommend Bitcoin ETFs to clients represents a pivotal moment for the industry. This shift comes in response to the surging demand for these investment products and the recent SEC approval of 11 spot … Read more

Samurai Wallet Gets the Chop as Feds Twist the Knife

Federal prosecutors in the United States have filed charges against Keonne Rodriguez and William Lonergan Hill, the creators of Samurai Wallet, a Bitcoin wallet and mixing service. They are accused of plotting to launder money. This move underscores the US government’s determination to bring criminal proceedings against crypto platforms suspected of enabling illicit activities and … Read more

XRP Ledger’s Decentralized Exchange Sees Total Value Locked Soar Over 7.5 Million $XRP

Approximately $7 million worth of XRP is currently secured in the automated market makers (AMMs) that have recently been introduced on the XRP Ledger, as indicated by statistics from the decentralized finance (DeFi) analysis tool DeXfi. Vet, a dUNL validator and co-founder of the NFT marketplace xrpcafe on the X platform (previously known as Twitter), … Read more

Shiba Inu’s Supply on Exchanges Drops to Two-Year Low as $SHIB Price Surges

Shiba Inu ($SHIB), the cryptocurrency that gained popularity through memes, has experienced a 15% increase in value over the last week as the larger cryptocurrency market recovers. Experts are growing more positive about Shiba Inu’s prospects. According to data from a top blockchain analysis company, CryptoQuant, Shiba Inu (SHIB) tokens held on centralized cryptocurrency exchanges … Read more

Standard Chartered Remains Bullish on Crypto as Ether ETF Approval Delays are ‘Priced in’

People looking to invest in Ethereum (ETH), the second largest cryptocurrency, through exchange-traded funds (ETFs), might have to be patient for longer than expected. However, despite this setback, Standard Chartered, a well-known investment bank, remains optimistic about the future of the crypto market. According to a report from CoinDesk, the bank has changed its anticipated … Read more

Whales Accumulate $ETH: Major Investors Scoop Up $500 Million in Ethereum

Large-scale investors in cryptocurrencies, often referred to as “whales,” have been buying up approximately half a billion dollars’ worth of Ethereum ($ETH) over the past few weeks. Based on information from the widely used on-chain analysis platform Lookonchain, significant cryptocurrency investors, referred to as “whales,” have been acquiring large amounts of the second most common … Read more

Why U.S. SEC Is Being Sued by Blockchain Association and How This Fight Could Impact Crypto and DeFi

In simpler terms, the Blockchain Association is a business group located in Washington, D.C., focusing on cryptocurrency and blockchain industry representatives such as tech entrepreneurs, investors, and developers. Their goal is to influence policy and regulations that encourage innovation and the long-term success of the crypto and blockchain field. They achieve this through lobbying for … Read more