Is the Instagram Threads App Falling Apart? Daily Active Users Drop by 40%
Key Insights Daily active users of Instagram Threads app experienced a significant drop of 40% in the first week after…
Bitcoin Stocks Are Growing Faster than the Cryptocurrency Itself
Key Insights Bitcoin’s value has significantly risen from $16,540 on January 1, 2023, to $31,260 as of July 14, 2023,…
Ripple Wins In Its Case Against SEC
Key Insights Ripple Labs achieved a significant victory in the US District Court in New York. Judge Analisa Torres ruled…
Ark Invest Sells $12 Million Coinbase Shares Amid Rally
Key Insights Cathie Wood, CEO of Ark Invest, sold nearly $12 million worth of Coinbase shares during a rally. This…
Stablecoin Supply Trends: Indications for Bitcoin Rally?
Key Insights Large wallets holding stablecoin capital predominantly keep their assets on exchanges, but are the trading volumes sufficient for…
Brent Crude Tops $80 A Barrel for the First Time Since April
Key Insights Brent oil price surpasses $80 per barrel, marking the first time since April. Saudi Arabia and Russia’s commitments…
Bank of America Slapped with $150 Million Penalties for Deceptive Practices
Key Insights Bank of America has been found guilty of deceptive practices that harmed numerous customers. The bank charged multiple…
US Dollar Index Hits Two-Month Low Amidst Potential Pause in Interest Rate Hikes
Key Insights US dollar index hits a two-month low as Fed officials discuss holding off on future interest rate hikes…
FCA Cracks Down on 26 Illegal Crypto ATMs Across the UK
Key Insights FCA identifies and disrupts illegal crypto ATMs in the UK. Inspections conducted at 34 locations, resulting in the…
Standard Chartered Analysts Bullish on Bitcoin: Forecasts $120,000 by 2024
Key Insights Standard Chartered raises its 2024 bitcoin forecast to $120,000. The initial prediction of $100,000 made in April gets…