November 9, 20240 Comments

JPMorgan Chase Denies $53,000 Pension Payout, Widow Says Bank Treated Her Like ‘Insignificant Cockroach To Be Stepped On’: Report

JPMorgan Chase is refusing to pay a monthly pension to a widow whose husband worked at the bank for 10 years before his untimely death. Elaine Silverberg’s departed spouse Melvyn worked as a systems analyst at Chase Manhattan Bank from 1969 to 1979, reports the New York Post. Melvyn died in 1988 due to multiple organ failure and since then, Elaine has been in a standoff with JPMorgan Chase. The

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November 9, 20240 Comments

Will Chainlink Price Rally To $30 As Whale Activity Hits Three-Month High?

Chainlink’s price momentum has recently sparked speculation of a possible rally to $30, as key technical indicators align. Analysts World of Charts suggest that LINK, currently trading around $13.67, may be poised for further growth if it breaks above a crucial descending trendline that forms the top of a bullish flag pattern. The recent uptick has generated renewed interest, fueled by robust whale activity and broader market trends. Chainlink Price

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November 9, 20240 Comments

Ready to Go? Michael Saylor Reacts as Bitcoin (BTC) Nears Historic Highs By U.Today

U.Today – As gains momentum, Michael Saylor, the executive chairman of MicroStrategy, took to X (Formerly Twitter) with a simple yet powerful message: “Ready to Go.” His tweet quickly caught the attention of the crypto community, highlighting the optimism and expectations around Bitcoin’s current price rise. The Federal Reserve cut interest rates on Thursday, as expected, giving Bitcoin a boost, and extending its three-day rally. Bitcoin has been on a

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November 8, 20240 Comments

Tether’s Investment Arm Announces Completion of Funding for Middle Eastern Crude Oil Trade

Tether’s Investment division is announcing the financing of a $45 million physical crude oil transaction between a major oil company and a commodity trader. In a new announcement, the USDT-stablecoin issuer says that this transaction is Tether Investments’ first crude oil transaction in the Middle Eastern region, marking Tether’s expanding role in global commodities trading. Says Tether CEO Paolo Ardoino of the transaction, “Tether Investments’ financing of this significant crude

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November 8, 20240 Comments

Binance Co-Founder CZ Cautious Traders On Bitcoin Amid ATH Hit

In a recent X post, Binance co-founder Changpeng ‘CZ’ Zhao has advised community members and investors against getting greedy as Bitcoin (BTC) price continues its rally. His statement comes amidst a broad crypto market rebound that has seen BTC hit an All-time-high (ATH) of almost $78,000. Binance CZ And Involvement in Bitcoin and Crypto Even though he no longer heads Binance as the CEO of the leading exchange, CZ is

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November 8, 20240 Comments

Richard Farley Is Top US SEC Chair Candidate For Donald Trump: Report

Richard Farley, a Wall Street lawyer known for his work in leveraged finance, is reportedly under consideration to lead the Securities and Exchange Commission (SEC) in the upcoming Trump administration. Farley, a partner at the New York law firm Kramer Levin Naftalis & Frankel, has experience representing major financial institutions, including Goldman Sachs, Credit Suisse, and UBS, according to sources familiar with the matter. Richard Farley’s Background and Connections  Richard

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November 8, 20240 Comments

Bitcoin (BTC) Price Tops $77K Record as Muted Funding Rates Suggest Crypto Rally Has More Room to Run

While crypto assets booked double-digit gains during this week, with BTC sitting at record highs, funding rates for perpetual swaps on crypto exchanges are much closer to neutral levels than the market top in early March, CoinGlass data shows. Funding rate refers to the amount long traders pay shorts to take the opposite side of a trade. When funding rates are negative, shorts pay the fee to longs, as this

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November 8, 20240 Comments

VanEck CEO Provides A ‘Reasonable’ Target For Bitcoin Based On Gold

In a recent interview with CNBC, VanEck CEO, Jan Van Eck, said that Bitcoin could reach $300,000. This estimate, according to Van Eck, rests on the assumption that the crypto could eventually achieve a market cap equal to half of all the gold currently in circulation. He described this projection as a “reasonable, base assumption,” reflecting a balanced view rather than an overly optimistic stance. In making the forecast, Van

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