Impact of shifting SEC policy on ETH ‘yet to be seen’ — Consensys SC
Bill Hughes, Consensys’ senior counsel and director of global regulatory matters, spoke to Cointelegraph at Consensus 2024 in Texas on the status of its lawsuit against the SEC.
Bill Hughes, Consensys’ senior counsel and director of global regulatory matters, spoke to Cointelegraph at Consensus 2024 in Texas on the status of its lawsuit against the SEC.
The rise and fall of celebrity meme tokens: how these celebrity-backed tokens have dumped in the current bull market.
The Indian instant payment system is gradually making its way around the world.
During a period when major metaverse projects are struggling to gain traction following the bear market of 2022 to 2023, Sandbox announced that it has added over 330,000 unique creators.
The potential consequences of the United States government not helping Tigran Gambaryan are “dire,” according to a cohort of former federal prosecutors and agents.
The ECB followed the Bank of Canada with a rate cut.
NVIDIA (NVDA) surpasses Apple (AAPL) in terms of market cap and becomes the second-most valuable company in the United States. Its incredible surge is expected to continue.
According to Odaily, Jupiter Asset Management's Fixed Income Investment Manager, Harry Richards, has suggested that the US Federal Reserve may follow the European Central Bank's lead and cut interest rates in the coming quarters. This prediction comes in light of the weakening US labor market, increasingly evident consumer fatigue, and further easing of housing inflation. Richards warned that if the Federal Reserve continues to maintain higher interest rates while other developed countries' central banks are easing their monetary policies, it could lead to serious consequences. The US economy's current state, with a softening labor market and weakening consumer strength, may necessitate such a move by the Federal Reserve. The European Central Bank's decision to cut interest rates has set a precedent that the US Federal Reserve may need to follow to maintain economic stability. The potential consequences of maintaining higher interest rates while other economies are easing could be severe, and this warning from Richards underscores the importance of closely monitoring these economic indicators.
As the hype surrounding artificial intelligence continues to captivate markets, investors may seek opportunities beyond the large-cap names that have dominated the spotlight. JPMorgan Asset Management Global Market Strategist Hugh Gimber joins Catalysts to highlight lesser-known AI plays. Gimber acknowledges AI's continued strength but emphasizes that "there is no AI revolution to be had without the infrastructure to support it." He points to the often overlooked "left-behinds" fueling the AI movement as promising investment opportunities. These include data centers, clean power generation, and raw materials, making sectors such as industrials, utilities, and Asian markets well positioned for investors seeking exposure to AI plays. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
Wall Street now has three tech giants valued at $3 trillion. Collectively, they comprise 20% of the S&P 500.