According to statistics compiled by user @Henrystats on Dune Analytics, the number of accounts, or wallet addresses, for Ethereum layer-2 scaling solution Arbitrum (ARB) surpassed 5 million on Apr. 17. Aside from individual addresses, there are now more than four million active accounts in the ARB ecosystem with nearly 200 million transactions having been completed
Massachusetts’ House of Representatives overwhelmingly passed a $659 million tax cut package, handing off to the Senate one of the largest tax cut proposals in state history. In a 150–3 vote, the Democratic-majority House approved a $659 million proposal introduced by Rep. Ronald Mariano last week, a package in line with, but notably smaller, than
Municipals were weaker to start the week as triple-A benchmark yields rose in sympathy with U.S. Treasuries. Equities ended up. Muni yields were cut four to eight basis points, depending on the scale, while UST yields rose seven to nine basis points. The two-year muni-Treasury ratio was at 54%, the three-year at 56%, the five-year
In this video, we’re going to cover the key thing that most option sellers don’t know about or don’t think about as they’re doing their trades. We’ll give you some ideas to help you make more informed decisions when selling options like credit spreads, put spreads, and other types of trades. We’ll discuss how many
In this article RXDX MTB STT SEDG FSLR ENPH SCHW RBLX MRNA Follow your favorite stocksCREATE FREE ACCOUNT People walk near the Google offices on July 04, 2022 in New York City. John Smith | View Press | Getty Images Check out the companies making headlines in midday trading. State Street, M&T Bank – Shares
Shares in US bank State Street dropped 10 per cent in pre-market trading as quarterly profits missed expectations and fees were hit by subdued markets and reduced assets under management. The huge custody bank, which is also a large provider of index mutual funds and exchange traded funds, said assets under management in its investment
Ben Rains dives into where the stock market stands as we kick off the busy stretch of first quarter earnings season. The episode then explores two giants of key industries—Taiwan Semiconductor (TSM) and Union Pacific (UNP)—that are sitting at beaten-down levels heading into earnings that might make them attractive to long-term investors. (0:30) – Stock
Stacks of bricks outside a home under construction in the CastleRock Communities Sunfield residential development in Buda, Texas, U.S., on Wednesday, May 15, 2021. Sergio Flores | Bloomberg | Getty Images Builder sentiment in the market for newly-built homes rose in April for the fourth straight month, as the supply of existing homes for sale
Bitcoin (BTC) starts a new week under $30,000 as analysts’ predictions of a short-term support retest come true. The largest cryptocurrency saw a classic dive following its latest weekly close as the latest gains evaporated, but will they return? Ahead of a fairly innocuous week for macro data releases, catalysts are likely to come elsewhere
The Bank of England is considering a major overhaul of its deposit guarantee scheme, including boosting the amount covered for businesses and forcing banks to pre-fund the system to a greater extent to ensure faster access to cash when a lender collapses. The UK’s Financial Services Compensation Scheme is being urgently reviewed after the rapid
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In this article DPZ CZR TXRH COST CRWD Follow your favorite stocksCREATE FREE ACCOUNT Domino’s will roll out 800 custom-branded 2023 Chevy Bolt electric vehicles at locations across the U.S. in the coming months. Domino’s Wall Street analysts are focusing on companies that are well-positioned to navigate the ongoing economic turmoil and emerge stronger. Here
On April 14, 2023, the Department of Justice (DOJ) for the Southern District of New York revealed that the hacker responsible for the Silk Road marketplace breach had been sentenced to a year in prison for wire fraud charges. James Zhong stole more than 50,000 bitcoin from the darknet marketplace (DNM) in September 2012. DOJ
Top Stories This Week Ethereum’s Shapella hard fork executed on mainnet The Ethereum blockchain’s mainnet, also referred to as the Beacon Chain, implemented the Shapella hard fork on April 12. The upgrade made fund withdrawals possible for those who have staked the network’s Ether (ETH) asset. Within the first hour of the hard fork, a
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Adene Sanchez | E+ | Getty Images Company: Exelixis (EXEL) Business: Exelixis, an oncology-focused biotechnology company, focuses on the discovery, development, and commercialization of new medicines to treat cancers in the United States. They have produced four marketed pharmaceutical products, including their flagship molecule, cabozantinib. Stock Market Value: $6.3B ($19.46 per share) Activist: Farallon Capital
Hedge funds and other parts of the shadow banking system should face greater scrutiny after last month’s upheaval in US government bonds, the country’s top markets regulator has said, reflecting concerns that speculative investors pose a risk to financial stability. Gary Gensler, chair of the Securities and Exchange Commission, told the Financial Times that taming
S&P Global Ratings on Friday raised Massachusetts’s general obligation long-term credit rating to AA-plus from AA, and upgraded bonds backed by annual appropriations from the state. “The upgrade reflects our view that the commonwealth’s commitment to strengthen its budget management practices supported by the state’s improved reserves and a strong economy will be sustained through
The United States Attorney’s Office for the Southern District of New York has announced the sentencing for an individual who pleaded guilty to wire fraud charges connected to “unlawfully obtained” Bitcoin from the Silk Road marketplace in 2012. In an April 14 announcement, the U.S. Justice Department said James Zhong was sentenced to one year
Bitcoin (BTC) and Ether (ETH) are trading above the psychologically important levels of $30,000 and $2,000 respectively. This suggests that the crypto winter may be on its last legs. Some analysts are calling for an altseason to begin but it may be too early for that. When most of the crypto bears turn bullish, Bitcoin