Oracle Corporation has initiated legal action against Crypto Oracle LLC and its owner, Louis Kerner, in a California federal court.
Trump Administration May Shift Crypto Regulation to CFTC
Reports indicate that President-elect Donald Trump’s incoming administration is considering a significant shift in crypto regulation.
US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth. U.S. gross domestic product — the economy's output of goods and services — slowed from the April-July rate of 3%, the Commerce Department reported Wednesday. This category includes consumer spending and private investment but excludes volatile items like exports, inventories and government spending.
Better than Bitcoin? 5 higher-return ways to trade Bitcoin
Here’s how to generate higher returns playing Bitcoin than actually buying Bitcoin.
Trump’s Embrace of Crypto Poised to Increase CFTC’s Power Over Industry
(Bloomberg) -- The US Commodity Futures Trading Commission, the underfunded regulator overshadowed by the SEC, has a path to prominence if the incoming Trump administration revamps crypto policy and installs an industry-leaning chair.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City, Car-Free Options Are GrowingIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes
HP forecasts Q1 profit below estimates on sluggish demand in PC market
(Reuters) -HP forecast its first-quarter profit below Wall Street expectations on Tuesday, signaling persistent choppy demand in the personal computers market and sending the company's shares down 8% in extended trading. Traditional PC makers have been grappling with soft demand following a boom during the pandemic. AI PCs have not boosted the overall PC demand as "buyers have yet to see their clear benefits", Gartner analyst Mikako Kitagawa said.
Short-Term Bitcoin Holders Have Moved Nearly $8B Worth of BTC to Exchanges, Signaling Price Bottom: Van Straten
Short-term holders have sent almost $8 billion worth of bitcoin to exchanges at a loss over the past two days. The volatility in recent bitcoin price action has seen wild record swings in profit-taking to panic selling.