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In addition, the SEC raised a fresh allegation against Musk for tweeting that Tesla would produce around 500,000 cars this year. Tesla (NASDAQ: TSLA) and Twitter CEO Elon Musk failed in his latest attempt to appeal a 2018 settlement with the US Securities and Exchange Commission (SEC). This settlement requires scrutinization of
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Analysts have criticized the new ‘de-risking’ strategy that the U.S. is currently using against China, explained by U.S. National Security Advisor Jake Sullivan in April, clarifying that national security was over economic costs. These de-risking policies might affect bilateral trade, which fell by 11.2% to $217.9 billion during the first
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC), the leading cryptocurrency, is weak at spot rates, dropping about 10% in the past trading week. Experts suggest that bitcoin’s weakness could continue as some altcoins outperform the legacy coin. BTC price to dip
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The Milady NFT collection spiked as much as 60% following an acknowledgement from Elon Musk, which drew parallels with the Twitter owner’s past praise for dogecoin. Miladys feature cartoon profile pic-like images with wide-eyed childlike faces, one of which Musk tweeted overlaid with the words, “There is no meme, I
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The whole saga has led IEP stock lower with prices dropping 15.14% to $32.22 at the close of trading on Wednesday. The woes for Carl Icahn’s Icahn Enterprises LP (NASDAQ: IEP) are far from being over amid new revelations that the US attorney’s office for the Southern District of New York
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At its last meeting earlier in May, the U.S. Federal Reserve's Federal Open Market Committee (FOMC) indicated it's considering at least a pause in its historic run of rate increases that's seen the central bank take the benchmark fed funds rate from about 0% in early 2022 to the current
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The largest cryptocurrency by market capitalization was recently trading at around $27,350, down over 5.5% in the past 24 hours, according to CryptoX data, as investors continued to mull over a surge in interest in the PEPE meme coin and Binance congestion issues that forced the exchange giant to temporarily
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First Mover Asia: CBDCs Are the Hottest Issue in Florida Politics; Bitcoin Falls Slightly Source
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Polygon climbed higher in today’s session, as cryptocurrency markets marginally rebounded on Wednesday. The global crypto market cap was up by nearly 1% earlier in the day, as Tuesday’s losses eased. Solana, on the other hand, remained lower, as it fell towards a key price floor. Polygon (MATIC) Polygon (MATIC) edged higher
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In an email to CryptoX, Michael Safai, managing partner of crypto trading firm Dexterity Capital, said the latest Fed decision would likely lead to “mixed outcomes” for crypto traders. “While the language on future rate hikes was softened, the Fed left the door open by saying that future decisions will
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