The FTC (Federal Trade Commission) has issued a final rule aimed at upholding workers’ right to change jobs, boost innovation, and foster the growth of new companies by banning non-compete agreements nationwide. FTC Bans Noncompete Agreements The FTC has made it illegal for employers to enforce non-compete agreements across the country. A non-compete agreement is … Read more
XRP has been making an effort to break past the resistance at $0.57, but hasn’t managed to do so yet. There was a strong surge in price, rising by approximately 16% from its recent low. It aimed to reach the 200-day moving average, but the current demand failed to carry it through. Despite briefly surpassing … Read more
If Dogecoin reaches a point where a substantial amount of coins are set to become profitable for their owners, it’s possible that we could witness a swift sale of coins, which in turn might cause the price to drop. It’s not uncommon for investors to sell when they have the opportunity to realize gains. 10 … Read more
In the first quarter of this year, Tesla, which is a well-known electric car producer, didn’t offload any Bitcoins from its substantial reserves. Bitcoin ATH Pushed Tesla’s Profit Margin The front-runner among automobile companies now owns around 9,720 Bitcoins, obtained by selling off half of its earlier holdings in 2022. This Bitcoin collection is estimated … Read more
The SEC has delayed making a decision on Grayscale’s request to launch a Ethereum spot ETF. The review timeline has been extended to June 23rd. This decision signifies yet another delay in the approval of cryptocurrency-backed ETFs in the United States. In October, Grayscale submitted a grayscale application Form 19b-4 to NYSE Arca for the … Read more
In an important update to the ongoing dispute between the US Securities and Exchange Commission (SEC) and Terraform Labs, a jury has determined that both the blockchain platform and its co-founder Do Kwon are responsible for civil deceit regarding the collapse of the Terra system in 2022. The SEC has asked the court for a … Read more
The SEC in the United States has asked for public feedback regarding the latest modifications to BlackRock’s proposed Ethereum ETF, following Nasdaq’s resubmitted plan on April 19 to meet regulatory requirements. An ETF named iShares Ethereum Trust by BlackRock is being developed to mirror Ethereum’s price movement, with the proposal submitted as early as November … Read more
Cathie Wood’s Ark Invest decided to follow the trend of purchasing discounted stocks by buying a large amount of Tesla shares. On Monday, they executed a complex transaction, acquiring 122,752 Tesla (TSLA) shares, which were valued at around $18.05 million. These shares were distributed among three different Ark funds—ARKK, ARKQ, and ARKW. Ark Invest Buys … Read more
Shytoshi Kusama, the lead developer of Shiba Inu, has made an announcement with great enthusiasm. He revealed that the long-awaited upgrade for the SHIB community, ShibaSwap 2.0, is set to be launched soon. ShibaSwap 1.75 Set To Pave The Way For 2.0 On Monday, April 22nd, SHIBKIND, the Twitter account for Kusama, published a post … Read more
The Bitcoin halving triggered a first surge in prices for most cryptocurrencies due to increased buying from institutional investors. However, prior to the event, there were redemptions resulting in significant sell-offs, causing widespread liquidations. Negative economic and political conditions dampened investor confidence during this period. Following the halving event, most cryptocurrencies shifted from red to … Read more