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Over 50 cryptocurrencies worth over $100 billion in total and making up about 10% of the overall market, are now viewed by the SEC watchdog as securities, according to CCData. Among major players, for example, solana , polygon and cardano have sunk between 23% and 32%. Bitcoin and ether weren't named in the SEC's lawsuit, nor were stablecoins such as tether and USC Coin. By contrast, bitcoin investors who have held their coins for more than five months appeared relatively calm and accounted for just 1.9% of deposit volume. Investment products tracking altcoins have seen positive - albeit small - net inflows this year, in contrast to bitcoin and ether, Coinshares data showed on Monday.

Persons: Vetle Lunde, Ryan Rasmussen, solana, Lucas Kiely, Alex Thorn, Noelle Acheson, James Butterfield, Lisa Mattackal, Medha Singh, Pravin Organizations: U.S, SEC, K33 Research, solana, Securities, Bitwise Asset Management, Reuters Global Markets, Cardano Foundation, Solana Foundation, Reuters, Polygon Labs, Reuters Graphics Reuters, USC, BTC, ETH, Firmwide Research, Galaxy Digital, Pravin Char, Thomson Locations: cardano, altcoins, Bengaluru

☆ Rudy Giuliani asks judge to toss 'salacious' references to his appearance in 'Borat' movie, denies making racist remarks and selling pardons in response to ex-staffer's sex-abuse lawsuit
▼ + stars: | 2023-06-07 | by ( Jennifer Cunningham | ) www.businessinsider.com time to read: +4 min

Rudy Giuliani asked a judge to toss parts of the sex-abuse lawsuit against him. Giuliani also denied selling pardons for Trump and making discriminatory remarks. Those claims, Giuliani said, are either false or don't bolster Dunphy's underlying claims that he sexually assaulted her. According to Dunphy's lawsuit, Giuliani behaved the same way in his apartment with her and then forced her to give him oral sex. Noelle Dunphy's lawsuit includes allegations of sexual abuse, using Rudy Giuliani's presence in the "Borat" sequel as a reference point.

Persons: Rudy Giuliani, Giuliani, —, Noelle Dunphy's, Dunphy, Donald Trump, Rudy Giuliani's, Noelle Dunphy, Adam Katz, –, Dunphy's, Justin Kelton, Giuliani's Organizations: Trump, Service

June 6 (Reuters) - It's a tense time for bitcoin investors. The capricious cryptocurrency's been uncommonly quiet over the past four weeks, bound in the range of $28,452 and $25,800. Bitcoin's volatility index is near 64, well below the 2023 peak of 116.5 touched in January, according to CryptoCompare. "Trading volatility, buying options in the absence of a price move, that's what people might do in this market." Market positioning indicates the maximum pain level for the June 2023 options expiry for bitcoin is at around $24,000, which could act as a support or resistance level, according to analysts at Bitfinex.

Persons: CryptoCompare, Noelle Acheson, Matthew Weller, Luuk Strijers, Strijers, Thomas Kralow, Medha Singh, Lisa Pauline Mattackal, Pravin Organizations: bitcoin, BULLS, Kralow, Pravin Char, Thomson, Reuters Locations: Bengaluru

☆ Bitcoin falls ahead of debt ceiling vote, heads for its first losing month of the year
▼ + stars: | 2023-05-31 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

Bitcoin is track to post a 8% loss, which would be its worst month since November 2022. If it ends the day in the red, that will make May its worst month since December 2022. Bitcoin fell on Wednesday and was on track to post a down month as optimism around the debt ceiling rally fizzled. Crypto moved in line with the major stock averages, which were all lower as investors awaited the House vote on the tentative deal to raise the nation's debt ceiling and avoid a default on Wednesday. Crypto prices initially climbed over the weekend after House Republicans reached a tentative deal with the White House to address the debt ceiling.

Persons: Bitcoin, Crypto, Noelle Acheson, — CNBC's Gina Francolla Organizations: Metrics, House Republicans, White

☆ Litecoin, XRP and other altcoins rise Wednesday as 'blue chip' bitcoin hits a lull
▼ + stars: | 2023-05-17 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Litecoin and XRP were each higher by about 5%, according to Coin Metrics, while the Sandbox token jumped 4%. On Wednesday Ripple, the global payments company behind XRP, announced its acquisition of Metaco, a Swiss crypto custody services firm. Still, realized 30-day volatility for both bitcoin and ether are off their record lows of the year, according to Glassnode. In recent months, bitcoin and ether have been regarded by many as so-called "blue chip" or "flight to safety" assets in crypto. Bitcoin and ether continued to hover around the flat line Wednesday at the $27,000 and $1,800 levels, respectively.

☆ Grocery store employee sues Rudy Giuliani for $2 million, saying the ex-mayor lied to cops to put him in jail
▼ + stars: | 2023-05-17 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +3 min

"Plaintiff took a break from his work, walked up to Defendant Giuliani, patted or tapped him on the back, said 'what's up scumbag,' and walked away." Giuliani told police officers who arrived at the store that he wanted Gill to be arrested. He told police officers that Gill "hit" him and that he was in pain, according to the lawsuit. A security camera video shows that Gill patted Giuliani on the back. This is the second lawsuit filed against Giuliani this week.

☆ Rudy Giuliani took Viagra 'constantly' and 'would not take no for an answer' when demanding sex, says a woman accusing him of sexual assault
▼ + stars: | 2023-05-16 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Rudy Giuliani's ex-staffer filed a lawsuit accusing him of sexual assault and workplace harassment. The ex-staffer, Noelle Dunphy, said in the lawsuit that Giuliani took Viagra "constantly." The lawsuit states that the former New York mayor "took Viagra constantly" and called on Dunphy to satisfy his sexual urges, which "came virtually anytime, anywhere." Besides sexual assault, the lawsuit also accuses Giuliani of making sexist comments about former Speaker Nancy Pelosi and Hillary Clinton. The lawsuit also accuses Giuliani of having a "sexual attraction" to his 20-year-old employee and kissing her on the lips.

☆ Donald Trump and Rudy Giuliani plotted to sell presidential pardons for $2 million a piece, former staffer says in lawsuit
▼ + stars: | 2023-05-16 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

On Monday, Rudy Giuliani was hit with a bombshell rape civil lawsuit filed by a former staffer. The staffer alleged in the suit that Giuliani asked if she knew anyone who wanted to buy a presidential pardon. The suit says Giuliani said he was selling them for $2 million, splitting the profit with Trump. As of 2022, the office has a backlog of more than 17,000 pending applications for pardons, Bloomberg reported. Compared to former President Barack Obama's more than 1,300 clemency grants, Trump pardoned or commuted the sentences of 240 people while in office.

☆ Rudy Giuliani was helping Noelle Dunphy in a brutal legal fight with her 'abusive' ex when he abused her himself: court docs
▼ + stars: | 2023-05-16 | by ( Laura Italiano | Jacob Shamsian | ) www.businessinsider.com time to read: +8 min

Noelle Dunphy says she agreed to work for Giuliani when he promised a $1 million salary and free legal help. At the time, Dunphy was embroiled in a messy court battle with a wealthy, "abusive" ex, court papers state. "Rather, Ms. Dunphy would come to understand that Giuliani was aroused by discussing her sexual history and violent relationships. But Giuliani was slinging insults at her on Twitter and had revealed her true name in connection with the case, Dunphy alleged. Giuliani took advantage of Dunphy's legal troubles, her lawsuit allegesFar from helping Dunphy with her legal morass, Giuliani "abused his position as Ms. Dunphy's lawyer to pressure her into sex," her lawsuit claims.

☆ Rudy Giuliani said he couldn't 'make love to Nancy Pelosi' if his life depended on it, lawsuit claims: 'I'd have to die'
▼ + stars: | 2023-05-16 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +2 min

A lawsuit against Rudy Giuliani claims he made lewd remarks about Nancy Pelosi and Hillary Clinton. The suit, which accuses Giuliani of sexual assault, also claims he made racist and homophobic comments. Among the women the lawsuit says he discussed in sexual terms were former Secretary of State Hillary Clinton, Rep. Nancy Pelosi, and Sen. Elizabeth Warren. "If my life depended on it, if I had to make love to Nancy Pelosi, I couldn't do it. The lawsuit claimed Giuliani also "demeaned and sexualized Hillary Clinton and mocked her body."

☆ Rudy Giuliani said he had 'a certain sexual attraction' to his 20-year-old employee and that he had kissed her on the lips, lawsuit claims
▼ + stars: | 2023-05-16 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +2 min

A civil lawsuit filed Monday accuses Rudy Giuliani of sexual assault against a former employee. The lawsuit claims Giuliani discussed fantasizing about a young staffer in a recorded conversation. Dunphy claimed Giuliani demanded she perform oral sex while he made calls on speaker phone, including to then-President Donald Trump. In one conversation in November 2019, Giuliani told Dunphy he was in love with three or four women and that he had "a certain sexual attraction to" his 20-year-old staffer Christianne Allen, the lawsuit claimed. Giuliani told Dunphy he had fantasized about Allen and kissed her on the lips but that he did not "consummate" the relationship, according to the lawsuit.

☆ Rudy Giuliani told an employee not to talk to the FBI and then asked for her help googling obstruction of justice, lawsuit says
▼ + stars: | 2023-05-15 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +3 min

Rudy Giuliani told an employee not to talk to the FBI and delete her messages with him, according to a lawsuit. He then asked for her help "Googling information about obstruction of justice," the lawsuit says. According to the lawsuit, around May 2019, Giuliani told Dunphy to delete her messages with him. "You've got to be smart enough to know what I have just said," Giuliani told her, according to the lawsuit. "Giuliani asked Ms. Dunphy for help in Googling information about obstruction of justice, among other topics," the lawsuit says.

NEW YORK, May 15 (Reuters) - A former associate of Rudy Giuliani is suing him for sexual assault and other wrongdoing, accusing Donald Trump's former personal lawyer of hiring her to fulfill his desire for a sexual relationship. Through this case, Ms. Dunphy seeks a measure of justice from a man who thought his power and connections rendered him untouchable." The lawsuit seeks at least $10 million in damages from Giuliani and three of his namesake companies. Dunphy had filed a related "summons with notice" against Giuliani in January, seeking $3.1 million. The case is Dunphy v Giuliani et al, New York State Supreme Court, New York County, No.

☆ Rudy Giuliani hit with bombshell rape lawsuit; ex-staffer says he demanded oral sex while he took calls from Trump
▼ + stars: | 2023-05-15 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Rudy Giuliani has been hit with a bombshell lawsuit by a former staffer who alleges he raped and abused her. Giuliani demanded that she give him oral sex as he took speakerphone calls from then-president Trump, she alleges. "He often demanded oral sex while he took phone calls on speaker phone from high-profile friends and clients, including then-President Trump," ex-staffer Noelle Dunphy claims in the 70-page lawsuit filed Monday. Giuliani told her that he and Trump "would split" the fee, the lawsuit alleges. We are proud to support Ms. Dunphy in her brave pursuit of this matter."

☆ Tyson Foods to eliminate 10% of corporate jobs - memo
▼ + stars: | 2023-04-26 | by ( Tom Polansek | ) www.reuters.com time to read: +2 min

CHICAGO (Reuters) - Tyson Foods Inc will eliminate about 10% of corporate jobs and 15% of senior leadership roles, Chief Executive Donnie King told employees on Wednesday. FILE PHOTO: The logo of Tyson Foods is seen in Davos, Switzerland, May 22, 2022. The eliminated roles in senior leadership are mostly vice presidents and senior vice presidents, a company spokesperson said. Some corporate employees already left the company after Tyson said in October it was relocating all corporate jobs to its headquarters in Springdale, Arkansas. However, the 10% reduction in corporate roles is not related to the relocation, a Tyson spokesperson said.

☆ Tyson Foods to eliminate 10% of corporate jobs -memo
▼ + stars: | 2023-04-26 | by ( Tom Polansek | ) www.reuters.com time to read: +2 min

CHICAGO, April 26 (Reuters) - Tyson Foods Inc (TSN.N) will eliminate about 10% of corporate jobs and 15% of senior leadership roles, Chief Executive Donnie King told employees on Wednesday. Discussions with most affected employees are slated to take place this week, King said in a memo to employees seen by Reuters. The eliminated roles in senior leadership are mostly vice presidents and senior vice presidents, a company spokesperson said. Some corporate employees already left the company after Tyson said in October it was relocating all corporate jobs to its headquarters in Springdale, Arkansas. However, the 10% reduction in corporate roles is not related to the relocation, a Tyson spokesperson said.

☆ Ether is poised to climb higher with the uncertainty of 'Shanghai' behind investors
▼ + stars: | 2023-04-13 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +7 min

Market participants say that with all the uncertainty out of the way, ether may finally catch up with bitcoin. After Shanghai Investors can now withdraw staked ether from the network for the first time ever: This is one of the biggest attractions of the Shanghai upgrade. This Merge ultimately made more liquidity available to ether investors and stakers. "Dominance" measures how a crypto asset like bitcoin is performing relative to its peers in the crypto market. That correlation has declined, however, in part because market participants have favored bitcoin over ether ahead of the Shanghai upgrade.

☆ Ether rises after the Shanghai upgrade, bringing year-to-date gain to more than 65%
▼ + stars: | 2023-04-13 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

The price of ether climbed on Thursday, after investors put uncertainty surrounding the long-awaited Shanghai upgrade behind them. Ether rose more than 4.5% to $1,989.02, according to Coin Metrics, while bitcoin gained more than 1%. After a two-year lock up period, Ethereum staking withdrawals were enabled by the Shanghai upgrade around 6:30 p.m. Investors were optimistic but cautious in the weeks leading up to Shanghai, also known as "Shapella." Noelle Acheson, an economist and author of the "Crypto is Macro Now" newsletter said she's skeptical the sudden move higher in ether isn't entirely Shanghai-driven.

"If this solution hadn't worked, Credit Suisse (CSGN.S) would have failed, with extreme consequences for Switzerland but also the global economy," he told a press conference. The SNB Chairman said it was vital for UBS's takeover of the 167-year-old Credit Suisse to go through as smoothly as possible in order to maintain financial stability. [1/2] The Swiss National Bank (SNB) building is seen near the Limmat river in Zurich, Switzerland March 23, 2023. The Bank of England is expected to increase its interest rate by a quarter percentage point later on Thursday. "Without today's policy rate increase, the inflation forecast would be even higher over the medium term," the central bank said.

☆ Bitcoin’s market dominance is climbing. Here’s what that says about interest rate expectations
▼ + stars: | 2023-03-23 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Bitcoin's market dominance has been climbing in March and is now up to levels not seen since June. Investors use it to determine which parts of the crypto market are outperforming or underperforming relative to their peers. When bitcoin dominance climbs, it implies that bitcoin is doing well, but more specifically, it means its outperforming altcoins. Bitcoin dominance has risen steadily since March 8, the day after Silvergate Bank announced its voluntary liquidation. "That's reflecting a view that a lot of macro investors have, that we're either at or very near the bottom of this macro cycle."

☆ Analysis: What's behind bitcoin's latest surge?
▼ + stars: | 2023-03-22 | by ( Tom Wilson | ) www.reuters.com time to read: +5 min

The original and biggest cryptocurrency has been here before, its 15-year history peppered with dramatic price increases and equally vertiginous drops. Driving bitcoin's gains have been its core user base of retail investors, analysts said. In the past, too, dramatic price swings for bitcoin have been closely tied to shifts in monetary policy globally. In 2022, bitcoin plummeted over 65% as higher rates triggered the fall of a major crypto token, precipitating the closure of major hedge funds and crypto lenders. To be sure, some investors say developments to bitcoin's intrinsic characteristics are now capable of supporting its price.

☆ Cryptocurrencies rally despite shutdown of crypto friendly Signature Bank, bitcoin breaks through $24,000
▼ + stars: | 2023-03-13 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Since the January rally in risk assets began to fizzle out, chart analysts have been looking for a meaningful break above $25,000. "Bitcoin is one of the most sensitive assets to market liquidity, since its 'risk' profile is unencumbered by earnings or ratings concerns," she said. Signature Bank was another famously crypto-friendly institution and the next biggest one next to Silvergate, which announced its impending liquidation last week. Wall Street analysts Friday had maintained buy ratings on Signature Bank, even as the bad news around Silvergate and SVB unfolded. The end of the Silvergate-Signature duo leaves crypto with few "on-ramps" that allow fiat money to flow into crypto assets.

☆ Why Silvergate’s post-FTX financial woes could spell trouble ahead for crypto
▼ + stars: | 2023-03-06 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +8 min

Further, the spillover into a traditional bank and its stock price could fuel regulators' arguments that crypto poses a systemic risk. The big problem in crypto is that to buy bitcoin, you eventually have to interact with the traditional banking system. Silvergate's crypto bet worked for the bank, particularly in bull markets. A big part of Silvergate's crypto banking efforts was the Silvergate Exchange Network, better known as SEN, a platform that institutions used to move money to crypto exchanges. Custodia is a Wyoming-chartered special purpose depository institution designed to bridge the crypto and traditional banking systems.

☆ Bitcoin struggles around $23,000 level as new-year rally loses steam
▼ + stars: | 2023-02-06 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Bitcoin continues to trade in a tight range of $18,000 to $25,000 mark, keeping investors on edge about where the price is going next. Bitcoin fell as low as $22,655 early Monday morning, its lowest level since Jan. 31, according to Coin Metrics, after breaking through the $24,000 on Thursday. The price of bitcoin dipped below $23,000 over the weekend as investors digested the latest U.S. employment numbers and looked toward a batch of Federal Reserve member speeches. "Expectations are shifting to more tightening, and higher rates for longer (what the Fed has been saying all along), which is not good for risk-on assets," she added. Bitcoin is trading "at the deepest overbought condition in over two years" and is "due for a brake check," according to Wolfe Research.

☆ Live Nation exec will face lawmakers about Taylor Swift concert tickets fiasco
▼ + stars: | 2023-01-24 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +7 min

“It goes without saying that I’m extremely protective of my fans,” Swift wrote on Instagram in November. The mergerCriticism of Ticketmaster’s dominance dates back decades, but the Swift ticketing incident has once again turned that issue into a dinner table discussion at many households. Concert promoter Live Nation and ticketing company Ticketmaster, two of the largest companies in the concert business, announced their merger in 2009. ‘Customers are the ones that pay the price’While irate fans were left scrambling to wade through the Swift ticket confusion, their collective anger caught lawmakers’ attention. To me, what happened with the Swift concert tickets was not necessarily the result of Ticketmaster being the dominant player in the industry,” he said.

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