Tuesday, May 30, 2023

News and Market Analysis

Ark Invest’s Cathie Wood Calls Nvidia Valuations Stretched, Justifies Exit

Cathie Wood stated that NVDA stock is priced ahead of the curve and trading at 25X expected revenue for this year. Ark Inve...

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Blockchain and Exchanges

What the ‘anti-mining bill’ means for the crypto industry in Texas

In late April, over a hundred people gathered near the Texas Capitol building to protest. Peaceful protests in the United States are not uncommon, but what made this one unique was that its

Bitcoin is on a collision course with ‘Net Zero’ promises – Cointelegraph Magazine

Each year at the annual UN Climate Change Conference (COP), individual countries are pressured to ramp up their emissions reductions promises and showcase evidence they are tak...

bitFlyer adopts crypto deposit limits to comply with Travel Rule

Cryptocurrency exchanges in Japan are preparing for the enforcement of the Financial Action Task Force’s Anti-Money Laundering (AML) regulations known as the Travel Rule.Major Japanese crypt

Wintermute moves over $4M of Optimism to Binance ahead of token unlock

Decentralized finance (DeFi) platform Wintermute has transferred its Optimism (OP) tokens to a Binance exchange wallet ahead of the upcoming unlock that’s scheduled to release $587 million w

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