A Manhattan judge permanently dismissed a lawsuit that alleged Elon Musk and Tesla manipulated the price of dogecoin (DOGE) by exploiting Musk’s social media influence and public statements. Judge Alvin Hellerstein said Musk’s statements about dogecoin were “aspirational and puffery,” not factual claims, and thus, no reasonable investor would rely on them. A Manhattan judge
Category: CNN
Current affairs in the USA and Canada involve a mix of political, social, and economic issues that impact both nations and the broader global community. In the USA, recent topics include debates over immigration policies, healthcare reform, and the upcoming presidential election. Canada focuses on climate change initiatives, indigenous rights, and economic recovery post-pandemic. Both countries share concerns about international relations, trade agreements, and border security. Ongoing discussions around social justice, technological advancements, and environmental sustainability also shape the current affairs landscape, reflecting the dynamic and interconnected nature of these neighboring countries.
Bitcoin Drops Under $59K as BTC Demand Wanes, BlackRock’s IBIT Logs Outflows for the Second Time
Bitcoin experienced a decline, falling below $59,000 with a weekly loss of over 3.5%, amidst signs of reduced demand and net outflows from major ETFs, such as BlackRock’s IBIT. However, data shows an uptick in U.S. retail investor interest, evidenced by a higher bitcoin price premium on Coinbase and increased inflows from international exchanges to
Russia Is About to Try Using Crypto to Get Around Sanctions
Russia will start its trial of cross-border payments using crypto next week. Recent statements from senior Russian leaders suggest the law’s purpose is to use crypto to counter sanctions. The law hands power to Russia’s central bank to oversee an “experimental” regime. Russia will begin trialing cross-border crypto payments next week in an effort to
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Fuel10K boosts innovation and bolsters DTC efforts post 30% growth
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