Cronos (CRO) is the native token of the blockchain designed by CRO Protocol Labs, also known as Crypto.com. It is a company that provides an all-in-one decentralized finance application and exchange and offers a mobile trading application, payment and lending service, along with a crypto credit card. With such serious backing, Cronos is destined to…
Paxos International, based in the United Arab Emirates, has announced the launch of Lift Dollar, with the ticker symbol USDL. The stablecoin will offer returns to its holders, and it will only be available in eligible markets. The stablecoin issuer plans to establish partnerships with other players within the crypto industry to expand the distribution…
New York City, June 6, 2024 / AlexaBlockchain/ – As we celebrate the 6th anniversary of the Arweave ecosystem, it’s incredible to witness the exponential growth and impact it has had on decentralized storage. Since its inception, Arweave has enabled permanent storage of vast amounts of data, revolutionizing data storage and security. This milestone highlights the success of Arweave and the…
Robinhood Markets, Inc., is set to acquire global crypto exchange Bitstamp to expand its reach outside the US. The acquisition, which is expected to close in 2025, will become Robinhood’s first institutional buy. Robinhood Eyes Global Expansion Robinhood’s trading platform announced it had agreed to buy Bitstamp to increase its global presence. The acquisition will…
Shares of Orchid Pharma Ltd shot-up 9% higher on 6 June after the company announced receiving approval from the Drugs Controller General of India (DCGI) to market the company’s antibiotic drug combination that is used for the treatment of complicated urinary tract infection (UTI). The company in its regulatory filing said that the DCGI has…
Atlantic Union Bank, based in Virginia, has integrated American National Bank and Trust Company’s branches and operations. This completes its merger, which was announced in summer 2023, according to a press release. “Following our detailed merger integration playbook to seek to ensure a smooth transition, our teammates have worked diligently on the data conversion and…
PM Images This was another interesting week as we get closer to the June FOMC meeting. The US core PCE index increased by 0.2%, which was lighter than the consensus estimate of 0.3% in April. This can certainly be looked at as positive, as it’s the slowest increase in MoM in 2024, and the last…
June S&P E-mini futures: Inflation is coming down and the Fed is unlikely to tighten any more. My long-standing 5400 target has nearly been reached but may well prove too conservative. The 6000 level seems a better bet by the end of the year. QQQ: Support is now 445. Next resistance is 466. TNX (ten…
Singapore, Singapore, June 6th, 2024, Chainwire Decentralized physical infrastructure network io.net has announced that its native token will launch on the world’s leading crypto exchange, Binance. The $IO token will be issued on Binance Launchpool, where users can farm it using staked BNB and FDUSD to earn an allocation. $IO farming will commence on Binance…
by Calculated Risk on 6/06/2024 08:46:00 AM The Census Bureau and the Bureau of Economic Analysis reported: The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $74.6 billion in April, up $6.0 billion from $68.6 billion in March, revised. April exports were $263.7 billion,…