Crypto is gaining momentum among U.S. lawmakers. Senator Cynthia Lummis stated: “We are building a pro-crypto army in Congress.” This declaration came shortly after the House of Representatives passed the landmark Financial Innovation and Technology for the 21st Century Act (FIT21) crypto bill, despite opposition from the White House and SEC Chairman Gary Gensler. ‘We…
Preholiday costs are about 5% below their inflation-adjusted average since 2000. https://www.wsj.com/articles/gas-prices-memorial-day-weekend-2df1feab
A fisherman in Georgia is now the second angler to set a new record for the same fish in the span of two months. Brian C. Richburg, 29, from Brunswick, Georgia, is now the official record holder for the queen triggerfish after reeling in the vibrant species on May 17, according to the Georgia Department…
The DOJ and 30 states sued Live Nation and Ticketmaster for allegedly monopolizing live events like concerts and stand-up shows. Leah Nylen explains. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/yBgtECQ
A mother black bear swiped at a Colorado hiker Tuesday, sending them to the ground where they got scrapes on their arms but were able to finish their walk before getting first aid, according to a statement from Colorado Parks and Wildlife. After the attack in Steamboat Springs, a ritzy ski resort town about three…
China’s chorus of condemnation of President Lai, who took office this week, has been unequivocally acerbic. https://ift.tt/9J861SB May 23, 2024 at 03:27PM
The Securities and Exchange Commission (SEC) has approved the first eight proposals for spot ether exchange-traded funds (ETFs). According to a document issued on May 23 that orders grating an accelerated approval for these products, NYSE Arca obtained permission to list the Grayscale Ethereum Trust and the Bitwise Ethereum ETF, Nasdaq can now list the…
The new funds will allow mainstream investors to buy and sell the cryptocurrency as easily as stocks or mutual funds. https://www.wsj.com/articles/ether-etf-cryptocurrency-sec-decision-aa57cae4
Innovation lies at the heart of crypto advancements, and only the platforms that succeed in driving this point home can see sustained growth. Due to delays in SEC approvals, Ethereum ETF approval is surrounded by doubts. Bitcoin cash price, on the other hand, expects a surge after a significant transaction boost. However, the crypto that…
Citigroup Inc. and HSBC Holdings Plc are ordering more US staffers to report to company offices five days a week as regulatory changes make it trickier for Wall Street to allow working from home. from Bloomberg Markets https://ift.tt/EuKQnY7