News

Dogecoin, Shiba Inu, and Cardano Experience Extreme Volatility Following Trump's Comments on U.S. Strategic Crypto Reserve

Since the late afternoon yesterday, the price of the meme tokens Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) had fallen 5.7% and 6%, respectively, as of 9:46 a.m. ET today. Meanwhile, the price of Cardano (CRYPTO: ADA) is down 7.4% since the late afternoon, but has exploded over 51% higher over the last 24 hours. While Trump had already passed an executive order directing officials to explore the idea of a national strategic crypto reserve, the details were a bit scant and left investors wondering which cryptocurrencies might be part of the reserve.

Chile’s Economic Activity Beats Analyst Forecasts for Fourth Straight Month

(Bloomberg) -- Chile’s economic activity rose more than expected for the fourth straight month in January, corroborating the central bank’s stance that there’s a high bar for further interest rate cuts.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New

Is a noticeable market shift around the corner?

The freight market has been all over the place for small carriers, and right now, there’s a feeling that something’s about to give. The big question is whether this shift is going to work in your favor or just keep the squeeze on spot market rates a little longer. Truckload demand (the need for your […] The post Is a noticeable market shift around the corner? appeared first on FreightWaves.

Kraken says US SEC to dismiss lawsuit against the cryptocurrency exchange

NEW YORK (Reuters) -Kraken, one of the world's largest cryptocurrency exchanges, said on Monday the U.S. Securities and Exchange Commission agreed in principle to dismiss a civil lawsuit accusing it of operating illegally as an unregistered securities exchange. In a statement on its blog, Kraken called the dismissal a turning point for cryptocurrency that ended a "wasteful, politically motivated campaign" begun during the Biden administration, and which stifled innovation and investment. Kraken said the dismissal includes no admission of wrongdoing, no penalties, and no changes to its business.