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The U.S. Securities and Exchange Commission (SEC) has officially announced it will not pursue further legal action against Richard Schueler, better known as Richard Heart, the founder of Hex, PulseChain, and PulseX. In a letter dated April 21, SEC attorney Matthew Gulde informed New York District Court Judge Carol Bagley Amon that the regulator would…
The Federal Court of Australia has ruled in favor of crypto lender Block Earner, overturning a decision that it needed an Australian financial services license (AFSL) to offer its crypto-linked ‘Earner’ product. The court has dismissed the financial regulator ASIC’s suit to impose penalties on the digital asset platform. Per a Tuesday judgment, the court…
Tesla reported holding $951m in Bitcoin at the end of the first quarter, maintaining its position as one of the largest corporate holders of the cryptocurrency. The figure, disclosed in its earnings release on Tuesday, is down from $1.076b at the close of December, reflecting the dip in Bitcoin’s price during the quarter. Tesla did…
Xylem Inc. (XYL) has completed its wave (2) correction and is now poised to rally in wave (3) of (III), according to Elliott Wave analysis Xylem Inc. (NYSE: XYL) continues to respect its long-term Elliott Wave structure with impressive precision. As seen in the weekly chart, the stock recently completed a corrective wave (2) and…
Cantor Fitzgerald is reportedly preparing to launch a multibillion-dollar Bitcoin investment vehicle in partnership with SoftBank, Tether and Bitfinex, as institutional interest in digital assets intensifies under the pro-crypto stance of the Trump administration. The initiative comes at a moment when Bitcoin continues to trade near historic highs and investors seek exposure to the next…
Bitcoin surged 6% to trade above $93,000 on Wednesday after US President Donald Trump stepped back from threats to remove Federal Reserve Chair Jerome Powell and signalled a possible easing of tariffs on Chinese imports. Speaking from the Oval Office on Tuesday, Trump said he had “no intention of firing” Powell. He also suggested that…
The FTSE index experienced a significant decline from its high on April 3, 2025, reaching a low of 7552.65. We identify this as the completion of wave II. This downturn followed a zigzag pattern, a common structure in Elliott Wave analysis. Starting from the April high, the decline unfolded in three phases: wave ((A)) dropped…
Bitcoin surged past $93,000 on Tuesday, brushing off mounting political tensions and marking a fresh four-week high of $93,988. The move came after former President Donald Trump reignited criticism of Federal Reserve Chair Jerome Powell, dubbing him “Mr. Too Late” and demanding immediate interest rate cuts to mitigate inflation stemming from sweeping new tariffs on…
A new survey has found that over half of South Korean adults have previously traded or currently trade crypto. The survey was conducted by the Korea Financial Consumer Protection Foundation (KFCPF), the South Korean news agency Yonhap reported on April 22. Half of South Koreans Now Trading Crypto, Survey Finds The KFCPF spoke to 2,500…
The Sui (SUI) price has experienced a major bullish breakout in tandem with a pump in the broader crypto market on positive trade war headlines, breaking a key resistance level in the process, and opening up the possibility of further rapid upside in the coming days and weeks. SUI was last trading around $2.70, up…