Binance’s Legal Shenanigans: A Comedy of Errors

Binance Legal Drama

In a filing dated May 16, the exchange proclaimed to a New York federal court that its terms of service, which it insists the class group cheerfully agreed to, contains a delightful clause mandating users to arbitrate all claims. Additionally, there’s a clause that prevents users from launching class actions against the crypto exchange. Because who needs collective action when you can have arbitration, right? 😂

JPMorgan’s Bitcoin Bonanza: Dimon’s Delightful Dilemma!

On a rather mundane Monday, during the bank’s annual investor day, CEO Jamie Dimon, the self-proclaimed guardian of financial propriety, announced that clients would soon be able to buy bitcoin. This, of course, came with a side of his characteristic skepticism. Dimon quipped:

Dogecoin’s Wild Ride: Analysts Predict Moonshot If This Level Breaks 🚀

On X, Marco Polo—no stranger to journeys—proclaimed that Dogecoin is preparing for a “classic move,” one that could see it vaulting to $0.5. The meme coin, he notes, has already slipped free from its falling wedge (a term which, to the uninitiated, sounds suspiciously like a pastry), though a retest looms on the horizon. The structure, he assures us, remains as steadfast as an old Russian birch tree, with the trendline holding for over a year—an eternity in crypto time.

Brent Oil Forecast

The price of Brent crude tomorrow will be 65.6 US dollars. Today the price for 1 bbls was 65.5 USD. Yesterday the rate was 65.4 USD for 1 bbls of Brent crude. Trading of Brent crude took place in the range 64.265.5 USD. The difference compared to the previous day was 0.00%.

Gold Rate Forecast

The price of gold tomorrow will be 3 252 US dollars. Today the price for 1 oz was 3 231 USD. Yesterday the rate was 3 182 USD for 1 oz of gold. Trading of gold took place in the range 3 1743 228 USD. The difference compared to the previous day was 0.00%.

Silver Rate Forecast

The price of silver tomorrow will be 32.7 US dollars. Today the price for 1 oz was 32.6 USD. Yesterday the rate was 32.2 USD for 1 oz of silver. Trading of silver took place in the range 31.932.2 USD. The difference compared to the previous day was 0.00%.

Bitcoin’s Rollercoaster Ride: From $107,000 to $103,000 – What Just Happened? 🤔🎢

Now, this little escapade coincided with Moody’s late Friday decision to downgrade the United States’ sovereign credit rating to Aa1. Yes, folks, the world’s largest economy lost its last triple-A crown, and it wasn’t even a royal wedding! Moody’s cited an “uninterrupted rise in debt and interest costs” as the culprit. Meanwhile, US 30-year Treasury yields decided to poke above 5% for the first time since April, sending shivers down the spines of equities and high-beta assets alike. 📉