Legacy Trading Brokerages See Outages as Traders Rush to Sell
Charles Schwab, TD Ameritrade, Vanguard, and Fidelity experienced outages, with thousands of users unable to access their online trading accounts....
Stock Market Sees $2 Trillion Wiped as Equities Dump Market Wide
Almost $2 trillion has been wiped out of the S&P 500 as the market opened Monday, driven by US recession...
BlackRock See’s $1.5 Billion in Volume Within First Hour of Trading
• BlackRock's Bitcoin ETF trading volume surpassed $1.55 billion in the first hour of trading on Monday• The crypto market...
The Block Letter – Aug 01
It has been a busy day in terms of news, so let us catch you up on the latest and...
MicroStrategy Announces Additional 169 Bitcoin Buy Worth $11.4 Million
MicroStrategy reported a Q2 net loss of $102.6 million due to a $180.1 million impairment charge on its bitcoin holdings....
Crypto is Dumping Today, and the Fed Might Be the Reason Why
Crypto prices, including Bitcoin and Solana, are down today after the Federal Reserve held interest rates steady at 5.5% The...
Over $300 Million in Crypto Liquidated as Bitcoin Dumps to $62,000
Bitcoin's 5.2% price drop triggered $312 million in daily liquidations, with long positions suffering $287 million in losses. The drop...
US Senator Lummis Introduces Her Strategic Bitcoin Reserve Legislation
The purchase of bitcoin for a new strategic reserve would be financed partly by revaluing Federal Reserve's gold, according to...
Federal Reserve is Still Not Ready to Cut Interest Rates (Here is What You Can Expect)
• The Federal Reserve kept interest rates unchanged at the highest level in more than two decades• Inflation has eased...
Tether USDT Records a Record Breaking $5.2 Billion in Profit in First Half of 2024
• Tether generated a record $5.2 billion profit in the first half of 2024• The stablecoin issuer benefited from the...