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NEW YORK — U.S. stocks extended another record, ending the year’s longest weekly winning streak. The S&P 500 rose 0.4% on Friday. The benchmark index far surpassed its all-time high set earlier this week, marking its sixth consecutive week of winning. The Dow Jones Industrial Average rose 0.1% to its own record set the previous day, while the Nasdaq Composite rose 0.6%. Netflix helped lift the market after the streaming giant reported stronger profit than analysts expected for its latest quarter. Oil prices fell further, and in the bond market, US Treasury yields fell. This is the latest news. Previous…

Item 3.02. Unregistered sale of shares. Since sales were reported by Grayscale Litecoin Trust (LTC) (the “Trust”) in its recently filed Current Report on Form 8-K, the Trust has reported NAV per share for selected “certifications.” issued 499,200 shares at various prices determined with reference to “Investor” means a private placement within the meaning of Regulation D Rule 501 under the Securities Act of 1933, as amended (the “Securities Act”) that is exempt from the registration requirements of the Securities Act under Rule 506(c). It’s in trading. Total 42,313.00971604 LTC equals $2,937,274. Grayscale Securities, LLC (“Grayscale Securities”) acted as an…

According to cryptocurrency analysis firm IntoTheBlock, Ethereum whales have been eating away at ETH over the past month. IntoTheBlock points out that whale wallets, which hold more than 0.1% of the total Ethereum supply, have added more than 1.7 million ETH net inflows to their total holdings in the past 30 days. According to the analytics firm, the group of Ethereum whales recorded net outflows on only three days in the past month, with the whales accumulating 175,000 ETH in the past two days alone. To explain IntoTheBlock, “This shows strong accumulation behavior from large holders and shows confidence in…

Ethereum (ETH) co-creator Vitalik Buterin aims to scale Ethereum to over 100,000 transactions per second (TPS). This goal is part of a long-term strategy focused on improving both Layer 1 and Layer 2 networks. Buterin outlined these goals in a recent blog post, emphasizing the need for robust scalability while maintaining decentralization and security. Vitalik Buterin addresses Ethereum’s scalability challenges Vitalik Buterin’s roadmap states that the rollup-centric approach was born from sharding with layer 2 protocols. Despite these challenges, he is confident that rollups will remain Ethereum’s favorite scaling method. – Advertisement – Another key issue is achieving speed while…

On October 18, Federal Reserve President Christopher Waller told an audience at the Institute for Advanced Study that well-regulated stablecoins could benefit the current financial system.”Stablecoins can reduce the need for payment intermediaries, thereby lowering global payment costs,” Waller said, but quickly said that stablecoins “are not guaranteed to be secure.” I modified my statement. A Fed official explained:“If we can build in the right guardrails to minimize execution risk and mitigate other risks, such as possible use in illicit finance, stablecoins will become more secure in payments and on a variety of new trading platforms. It can provide benefits…

Ripple’s XRP and Cardano’s ADA have made a name for themselves in the cryptocurrency world as the two largest tokens that have been continuously traded sideways for several months. Many are saying that Ripple (XRP) and Cardano (ADA) are in a consolidation phase, but experts are starting to have a different opinion. They say they don’t think XRP or ADA will make a big move anytime soon, naming a new public interest project, RCO Finance (RCOF), as the token that will dominate the next surge in crypto assets. . Cardano’s ADA does not work even during new development Cardano holders…

SLB results give weight to energy sector 14 minutes ago SLB (SLB) stock fell on Friday as a downward trend in oil and gas prices negatively impacted the oilfield services giant’s quarterly results. SLB reported third-quarter revenue of $9.16 billion, up 10% from a year ago and about $100 million below the consensus estimate of analysts surveyed by Visible Alpha. Earnings per share (EPS) were 83 cents, 4 cents less than expected. CEO Olivier Le Pouch said North American sales rose 3% to $1.69 billion, but that “gas prices and continued capital discipline by operators constrained the market.” “Drilling activity…

Federal authorities have filed criminal charges against an Olympic snowboarder for his alleged involvement in a cocaine trafficking ring that used the stablecoin Tether (USDT) as a key part of its multibillion-dollar operation. A U.S. Department of Justice (DOJ) indictment filed Thursday alleges that former professional snowboarder Ryan James Wedding and 15 other defendants operated a drug trafficking syndicate from Colombia through Mexico to the United States. and allegedly transported cocaine to Canada.U.S. authorities say the criminal organization committed multiple murders as part of the operation and used cryptocurrencies to evade police. “Defendant Bonilla planned to pay defendants Wedding and…

advertisement Today, we announced the official launch of KERORO, a new meme coin on the Solana blockchain, starting with an impressive market cap of $4.5 million. KERORO leverages Solana’s fast and cost-effective transaction capabilities to position itself as a project strategically positioned in the meme coin space and driven by community engagement. Keroro’s vision and mission Keroro injects a dynamic, vibrant spirit into the realm of cryptocurrencies, drawing inspiration from popular characters known for their charisma and cultural significance. Originating from the Solana blockchain, known for its exceptional performance and efficiency, KURORO transcends your typical coin. It embodies a cultural…

Litecoin is enjoying a nice pump as its price hits nearly $75, a level last seen in late July this year. With that, LTC/USD is now up 46% from its early August low of $49.50. As of writing, Litecoin is trading at $73.26, recording a positive performance of 12.5% this week.These latest gains for Litecoin came after asset manager Canary Capital filed for a spot Litecoin exchange-traded fund (ETF). Currently, Bitcoin and Ethereum are the only two cryptocurrencies with a spot ETF, and a possible Litecoin ETF has created some anticipation and speculation around the crypto asset.It was earlier this week,…