Robinhood crypto exchange agreed to acquire Zigloo previously. Now they have cut down the offer to more than half. Galaxy Digital also pulled out from a $1.2 Billion deal. Robinhood Pulling Out of The...
Category: Finance
Live Finance News Updates.
10 Great Movies To Watch Before They Disappear From Netflix At The End Of August
‘Anchorman: The Legend of Ron Burgundy’ will be leaving Netflix on August 31, 2022. DreamWorks This past weekend, a number of new movies and shows were added to NetflixNFLX NFLX . It’s all...
Latest Tether disclosures show $28.9 billion in US Treasury bills
Stablecoin issuer Tether on Friday published results of its latest quarterly assurance opinion, completed by public accounting firm BDO. A quarterly assurance opinion is a method used by stablecoin is...
Electric Utilities Hit Renewable Pay Dirt With IRA Passage
Electric cooperatives cover more than half the nation’s land area. National Rural Electric Cooperative Association Christmas came early in the electric utility industry this year. To be precise,...
Several Bored Ape Yacht Club Run The Risk Of Liquidations
Bored Ape Yacht Club non-fungible tokens (NFT) bought with borrowed money could be sold anytime. The selling could lead to further liquidations A peer-to-peer lending service provider, Ben...
U.K.’s largest cinema chain is filing for bankruptcy
Cineworld Group plc (LON: CINE) ended nearly 60% down on Friday following reports the British cinema chain was preparing to file for bankruptcy. Cineworld shares crashed to under 2 pence The Wall Stre...
We Must Condemn Abuse Of Religion Or Belief As Tool Of Discrimination And Violence
On August 22, the U.N. marks the International Day Commemorating the Victims of Acts of Violence Based on Religion or Belief. It is a day designated by the U.N. for member states to reflect on their e...
United Texas Bank CEO Suggests Granting the Issuance of US Dollar-backed Stablecoins to Banks
Chief executive officer of United Texas Bank, Scott Beck, has asked members of the state’s blockchain working group to propose a policy for letting banks supervise stablecoins instead of the crypto fi...
Actor Gary Busey Charged With Sex Crimes Near Philadelphia
Topline Actor Gary Busey was charged with three counts of sex crimes and one count of harassment, stemming from a Monster-Mania convention at a hotel outside Philadelphia last week, local police confi...
GM Reinstates Dividend, Share Buybacks After Two-Year Hiatus
(Bloomberg) — General Motors Co. is reinstating its dividend — at a sharply reduced level — and resuming share buybacks more than two years after they were suspended to preserve cash...
Why Seattle Seahawks Should Start Drew Lock Over Geno Smith
There should be no question that the Seattle Seahawks should start Drew Lock over Geno Smith this … [+] season. (Photo by Justin Berl/Getty Images) Getty Images Simply put, the Seattle Seahawks ...
Feds Say Colorado River Is In Crisis—Here’s What It Looks Like
Topline The Biden administration this week imposed deep cuts to water usage from the Colorado River next year after years of overuse and drought fueled by climate change, as unprecedented low water le...
JP Morgan quant who called summer rally says there’s plenty of ammunition to drive stocks higher — and here’s why
JPMorgan Chase & Co.’s Marko Kolanovic wants clients to hang on, because he thinks the rally in stocks is far from over. In a note entitled “Setting the Record Straight and What We Expect Next,” K...
Why did HUSD dip below $1? Huobi provides explanation
On August 18th, popular crypto exchange Huobi’s stablecoin temporarily lost its USD depeg. HUSD traded at $0.82 for a few hours, before recovering its dollar value. Huobi announced that the depeg was ...
Why Europe Didn’t Ramp Up Caspian Gas Imports Sooner
For over two decades, the European Union has sought gas from the Caspian Sea’s giant reserves. During that time, grand pipeline projects have been mooted and forgotten. All the while, the bloc has gro...
Gas Drops Below $3.50 A Gallon In These 10 States—With More Likely To Come
Topline The two-month tumble in U.S. gas prices shows no sign of slowing as fall approaches, which typically brings a seasonal drop in demand that experts say could push the national average below $3....
STEPN Price Analysis: GMT Investors May Reverse Bearish Trend Near 2022 Low
The Stepn (GMT) crypto slipped below an ascending trendline last night. The GMT token is trading below the 20 and 50 day moving averages on the daily price scale. The market cap of the GMT token is do...
Top tweets of the day – August 20th
Is crypto trading easy? trading is honestly really easy all you have to do is accurately predict price fluctuations better than traders with more experience than you, funds who have more money than yo...
Best Twitter thread of the day – August 20th
Finding crypto arbitrage opportunities Millions of dollars are being sucked out of the system by arbitrageurs daily. Yet most people suck at finding arbitrage opportunities. Here’s an easy trick for f...
Simon Pegg Decodes Peacock’s Prescient Cyber Thriller ‘The Undeclared War’
Simon Pegg attending the 75th British Academy Film Awards held at the Royal Albert Hall in London. PA Images via Getty Images The Undeclared War is a high-stakes cautionary tale of cyber-attacks in th...
The Best New Movies And Shows On Netflix Today: August 20, 2022
‘Fullmetal Alchemist The Revenge of Scar’ premieres on Netflix on August 20, 2022. Netflix This week marks a fruitful one for NetflixNFLX , as many new movies and TV shows will be added to...
Stock Market Investing Action Plan: Jackson Hole, Nvidia, Toll Brothers, Chip Stocks
The Nasdaq undercut its short-term 10-day moving average for the first time since late July, while the Dow industrials gave up support at the 200-day level. But the Nasdaq’s first weekly drop si...
Senate Democrats recently proposed $21B in new COVID-19 funding — here are 3 healthcare stocks that could be poised to pop
Senate Democrats recently proposed $21B in new COVID-19 funding — here are 3 healthcare stocks that could be poised to pop The healthcare sector received a lot of investor attention during the early d...
Infinity War’ As ‘Minions 2’ Bombs In China
Bad Bunny and Brad Pitt star in Bullet Train. (C) 2022 CTMG. All Rights Reserved. In holdover news at the Friday box office, Sony’s Bullet Train earned another $2.2 million (-43%) for a likely $7.7 mi...
Single-stock ETFs: ‘We’re going to see this entire ETF category absolutely explode’
Hi! In this week’s ETF Wrap, you’ll get a look at the wave of single-stock ETFs that have recently hit the market — and whether they may be geared toward your investment approach. Please send feedback...
TRIBE DAO Proposes $157 Million Redemption for Rari Hack Victims
Prologue – The Rari Hack In may 2022, two crypto lending organizations were attacked by hackers stealing approximately 90 Million USD. One of the two companies was Rari Capital which was attacked via ...
Top Stablecoin Tether (USDT) Slashes Commercial Paper Holdings, Increases Cash and Bank Deposit Reserves
In accordance with promises it made earlier this year, top stablecoin issuer Tether (USDT) has begun to slash its commercial paper holdings. In the second quarter of 2022, Tether reduced its commercia...
The Fed’s hawkish stance risks ‘overkill,’ economist says
As the U.S. continues its reckoning with inflation, the Federal Reserve has not backed down. “Members of the [Federal Open Market Committee] are saying they’re just as hawkish as they̵...
Opinion: Evidence for a new bull market in stocks is rapidly piling up
“Gradually, then suddenly.” This was the answer Mike gave to the question about how he went bankrupt in Earnest Hemingway’s “The Sun Also Rises.” It’s a good way to think about how any change occurs ...