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Bitcoin ETFs Lose $645M This Week as Wall Street Pulls Back Before Powell’s Speech

Bitcoin ETFs Lose $645M This Week as Wall Street Pulls Back Before Powell's Speech

Simply put Bitcoin ETF experienced a $645 million decline over just two days, with a significant redemption from Fidelity’s FBTC on Tuesday amounting to $246.9 million. Analysts suspected that the outflows were timed with investors potentially re-evaluating their positions ahead of Federal Reserve Chair Powell’s upcoming speech at Jackson Hole. This sell-off reversed the previous […]

Morning Minute: Wall Street Embraces Bitcoin

Morning Minute: Wall Street Embraces Bitcoin

Good morning! Here’s what’s making headlines today: Major cryptocurrencies took a hit overnight, dipping 3-6%. Bitcoin is sitting at $115,000. Gemini plans to file a ticker, details of which will be announced later. BTCS is set to be the first Ministry of Finance to launch “Vivid” and offer blockchain dividends. Adam Back’s Bitcoin Standard Treasuryco […]

Trump surprises Wall Street and Washington with a contentious nominee for the BLS.

Trump surprises Wall Street and Washington with a contentious nominee for the BLS.

President Trump’s recent nomination of Eji Antoni to head the Bureau of Labor Statistics (BLS) is drawing attention, especially as it marks a departure from previous appointments, prompting scrutiny among economists. Traditionally, BLS commissioners have been seasoned academics or long-time civil servants with extensive backgrounds in economics and statistics. In contrast, Antoni is a known […]

Leading Wall Street analysts suggest these three stocks for promising growth opportunities.

Leading Wall Street analysts suggest these three stocks for promising growth opportunities.

The upcoming July inflation report has boosted investor confidence, raising hopes for potential interest rate reductions. Market participants are now looking ahead to gather more economic indicators that could shed light on the US economic landscape. Amidst macroeconomic uncertainties and tariff challenges, it’s often beneficial for investors to scout for stocks with solid long-term growth […]

Unusual NYC graffiti tour endures amid expected decline in foreign tourism due to strong interest from local visitors: ‘They’re fascinated by street art’

Unusual NYC graffiti tour endures amid expected decline in foreign tourism due to strong interest from local visitors: ‘They’re fascinated by street art’

Tourists are examining wall art. A significant number of French art enthusiasts are visiting Brooklyn for an unusual walking tour showcasing graffiti and street art in warehouses. Despite projections indicating a nearly 20% drop in overall international tourism to New York City this year, niche attractions continue to thrive. Audrey “Bite” Connolly, a guide for […]

Citizens Bank’s parent company hires a former State Street executive as its new CFO

Citizens Bank's parent company hires a former State Street executive as its new CFO

Change in Leadership at Citizens Bank State Street Corp. has, interestingly, opted to step away from the civil finance group for its last two Chief Financial Officer hires. Now, you might wonder if Citizens Bank is drawing talent from State Street for its own CFO position. Well, sort of. Recently, Citizens announced that Aunoy Banerjee, […]

Striking billboard of deceased Central Park carriage horse displayed over NYC street

Striking billboard of deceased Central Park carriage horse displayed over NYC street

This week, a disturbing image of a horse that collapsed and died in Central Park has sparked renewed efforts to ban horse-drawn carriage rides by animal rights activists. The graphic signs, which were funded by PETA, appeared at the intersection of 51st and 11th Avenues in Hell’s Kitchen, close to where the horse, named Lady, […]

Mother and son reportedly escape the country to evade street racing charges in New Jersey

Mother and son reportedly escape the country to evade street racing charges in New Jersey

Charges Filed After Fatal Street Race in New Jersey A 20-year-old from Staten Island, Alvi Limani, and his mother, Vilma Vneshta, 42, are facing multiple charges related to a fatal crash that occurred during an illegal street race in Plainsboro, New Jersey. The charges against Limani include aggravated manslaughter, vehicular homicide, and driving with a […]