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blockonomi.com Rivian (RIVN) Stock: Company Cuts Jobs and Settles $250 Million Lawsuit as EV Market Weakens

TLDR Rivian is cutting its workforce by 4.5%, affecting nearly 700 employees out of almost 15,000 total staff The company settled a 2022 securities class action lawsuit for $250 million while denying wrongdoing Rivian expects to sell only 43,000 vehicles this year, far below the 116,000 Wall Street projected two years ago The $7,500 federal [...] The post Rivian (RIVN) Stock: Company Cuts Jobs and Settles $250 Million Lawsuit as EV Market Weakens appeared first on Blockonomi.

news.bitcoin.com Stablecoin Adoption Rises in Brazil to Leverage Tax Limbo

Exchanges in Brazil have reported an increase in the adoption of stablecoins since the Financial Transaction Tax (IOF) more than tripled from 1.1% to 3.5%, affecting foreign payments and purchases of foreign currency in cash. Regulation that might plug this loophole is currently in the works. Stablecoin Adoption in Brazil Explodes to Avoid Financial Transaction […]

blockonomi.com Best Crypto to Buy Now? Whales Stacking Snorter Token Ahead of Exchange Launch in 3 Days

The crypto market is finally trending upward again – Bitcoin is back above $110,000, Ethereum is inching toward $4,000, and Solana leads the top ten cryptocurrencies by market cap with a 4.5% daily gain. Solana’s rise is driven by increasing on-chain activity, with application revenue growing roughly 10x since early October and the market capitalization [...] The post Best Crypto to Buy Now? Whales Stacking Snorter Token Ahead of Exchange Launch in 3 Days appeared first on Blockonomi.

bitcoinist.com XRP Options Contracts Have Surpassed $26 Billion In Less Than 6 Months Of Existence

XRP options contracts have achieved a remarkable milestone, surpassing $26 billion in notional volume in less than six months since their debut. This unprecedented surge marks a defining moment for the altcoin’s accelerating adoption and growing significance in institutional-grade crypto trading. The achievement also highlights the strong demand for the altcoin in the derivatives market.  […]

ambcrypto.com DOGE and SOL Stall Amid Market Fluctuation, Digitap's Crypto Card Token Tops Charts As Next Altcoin For 100x Pump

The crypto market is experiencing volatile price movements, with key altcoins like Dogecoin and Solana in losses. While DOGE has failed to flip $0.20 into support, SOL remains under $200. However, DigThe post DOGE and SOL Stall Amid Market Fluctuation, Digitap's Crypto Card Token Tops Charts As Next Altcoin For 100x Pump appeared first on AMBCrypto.