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Bitcoin is currently trading above $80,000 after recovering from Friday’s losses, but the rebound still looks more like a market testing resistance rather than a decisive move higher, according to CoinDesk market data. Market observers say the market structure is more complex than just price. Buyers have become more active on the back of Bitcoin’s…
Legislation that could fully integrate the U.S. cryptocurrency industry into the regulated financial system has emerged in its latest form, with the Senate Banking Committee releasing the text of a market structure bill just after midnight on Tuesday before moving forward with the effort at hearings this week. The latest version isn’t expected to bring…
James Charles has apologized for calling a fired Spirit Airlines employee a “slacker” in a now-viral TikTok. In a May 8 post, the content creator read aloud in a mocking tone a private message he received from a former Spirit employee who shared the GoFundMe link with him, noting that “any donation helps.” “I’m sure…
Joseph Akers May 11 (Reuters) – Several Republican-led states in the South are scrambling to redraw congressional maps ahead of November midterm elections to help preserve the Republican Party’s slim majority in the U.S. House of Representatives, the latest round in a year-long battle over redistricting across the country. The political war began last summer,…
Joseph Akers May 11 (Reuters) – Several Republican-led states in the South are scrambling to redraw congressional maps ahead of November midterm elections to help preserve the Republican Party’s slim majority in the U.S. House of Representatives, the latest round in a year-long battle over redistricting across the country. The political war began last summer,…
Luka Doncic will not play for the Slovenian national team this summer. Shortly after the Los Angeles Lakers were eliminated from the playoffs by the Oklahoma City Thunder on Monday night, Doncic announced on Instagram that he would not play in a FIBA World Cup qualifying game against Slovenia. Instead, Doncic said he will spend…
Cryptocurrency majors held their ground on Tuesday despite a sharp turn in the macro market relative to risk assets. Bitcoin Bitcoin$81,006.53 It was trading just above $81,000 in early Asian trade on Tuesday, after briefly touching $82,026 overnight. Solana (SOL) and dog$0.1105 The major stock indexes performed best, rising as much as 2% on the…
Editor’s note: The report contains details of sexual assault and violence. A landmark new report concludes that Hamas militants and their allies raped, assaulted and sexually tortured victims “to maximize pain and suffering” during and after the October 7, 2023 terror attack in southern Israel. The report, first shared with CNN, provides the most comprehensive…
After the Los Angeles Lakers lost 131-108 to the Oklahoma City Thunder in Game 3 of the Western Conference semifinals on Saturday, the question wasn’t if they would lose the series, but when. The hope is that they can avoid elimination for at least a few days by winning Game 4 at home on Monday,…
DeFi lender Aave and other stakeholders affected by last month’s Kelp DAO hack initiated a binding Arbitrum governance vote to move $71 million in disputed ether to an address controlled by Aave LLC The Constitutional Arbitration Improvement Proposal (AIP) is the DAO’s formal on-chain governance mechanism for approving binding agreement actions. This revised proposal implements…