All eyes are on Russia as the West’s growing docket of financial penalties deal a harder-than-expected blow to the country’s economy, challenging a decades-long effort by President Vladimir Putin to m...
Category: Finance
Live Finance News Updates.
Avalanche Foundation unveils $290 million incentive program to spur on growth of subnets
The Avalanche Foundation announced incentives worth hundreds of millions of dollars on Tuesday to stimulate new types of development on the Avalanche blockchain. The so-called Avalanche Multiverse pro...
‘Our Fans Are So Silent, So I Can’t Imagine Anything Happening’
Brooklyn Nets forward Ben Simmons sits on the bench during the second half of an NBA basketball game … [+] against the New York Knicks, Wednesday, Feb. 16, 2022, in New York. (AP Photo/John Minc...
Gold-i Promotes Joy Li to the Position of Head of APAC
To enhance its presence in the APAC region, Gold-i announced today that the company has promoted Joy Li to the position of Head of APAC. In the new role, Li will be responsible for the growth of all G...
Nickel Tops $100,000 as Big Short Tests 145-Year-Old Exchange
(Bloomberg) — Nickel spiked briefly above $100,000 a ton on the London Metal Exchange amid a short squeeze that’s embroiled a major Chinese bank and encouraged rule changes from one of the world...
Uniswap price analysis: UNI recovers above $8.2. Will the bullish momentum sustain?
TL;DR Breakdown Uniswap price analysis is bullish today. Resistance for UNI/USD is present at $8.9. The support is present at the $7.9 level. The Uniswap price analysis for today is bullish. The UNI/U...
Louisiana Bill Seeks to Lay Rules for Cryptocurrency Political Donations
The bill will facilitate crypto contributions to political campaign The bill seeks clarity with regards to contributions, valuations, and expenditures The bill considers crypto donation as an in-kind...
Shiba Inu (SHIB) Faces a Close Battle with 200 MA!
Shiba Inu now moves a step closer to its last support level. At the same time, 200 DMA remains closer to the currently traded value. While the movement since the last week of February has mostly been ...
Animoca-Backed Australian NFT Startup Immutable Raises $200 Million At $2.5 Billion Valuation
Siblings James Ferguson and Robbie Ferguson, cofounders of Immutable. Forbes Sydney-based NFT startup Immutable—backed by the likes of U.S.-listed cryptocurrency exchange Coinbase and billionaire Sam ...
Why Wells Fargo Is A Top 25 Dividend Giant
Wells Fargo has been named as a Top 25 ”Dividend Giant” by ETF Channel, with a stunning $22.92B worth of stock held by ETFs, and above-average ”DividendRank” statistics includi...
Dick’s Sporting Goods beats expectations, sets a new ‘foundation’ for the year ahead
Dick’s Sporting Goods Inc. DKS, -9.31% shares jumped 4.8% in Tuesday premarket trading after reporting fourth-quarter profit and sales that beat expectations. The athletic retailer posted net in...
US set to issue executive order on cryptocurrency this week
TL;DR Breakdown This week, US President Joe Biden will make an announcement regarding cryptocurrency regulation in the country. The directive will demand federal agencies to examine possible regulator...
Crude oil jumps on report U.S. to ban Russian oil imports
A man pumps gas into his vehicle at a petrol station in Montebello, California on February 23, 2022, as gas prices hit over $6 dollars per gallon. Frederic J. Brown | AFP | Getty Images Oil prices jum...
Klitschko and WhIsBe launch NFT series
Metacurio, the leading NFT creative agency for A-list talent and global brands, is creating an historic NFT collaboration with Ukrainian star Wladimir Klitschko and legendary artist WhIsBe, Invezz lea...
Payments Startup Stax Gets Unicorn Status after Raising $245M
Payments platform, Stax announced on Tuesday the closure of a $245 million funding round that took the valuation of the company to $1 billion. The valuation was reached after raising an additional rou...
Top UBS Wealth Manager Targets $5 Trillion Held by Women in Asia
(Bloomberg) — When Amy Lo was offered a chance to head UBS Group AG’s Asia business for the super rich in 2010, her first answer was “no,” fearing it would be a risky step into the unknown. Most...
India sees “clear advantages” in CBDC
TL; DR Breakdown Indian’s finance minister, Nirmala Sitharaman says she sees benefits of the central bank-led digital currency. The minister says the government would be discuss crypto regulation afte...
Dick’s Sporting Goods (DKS) reports Q4 2021 earnings beat
Signage outside a Dick’s Sporting Goods Inc. store in Clarksville, Indiana, on Monday, Nov. 9, 2020. Luke Sharrett | Bloomberg | Getty Images Dick’s Sporting Goods on Tuesday reported prof...
Kohl’s Future Looks Bright And Profitable
People walk by a Kohl’s department store in Clifton, New Jersey, on Thursday, January 27, 2022. (AP … [+] Photo/Ted Shaffrey) ASSOCIATED PRESS Michelle Gass, CEO of Kohl’s together with he...
Bed Bath & Beyond turnaround strategy not practical, says Chewy co-founder
Chewy Inc. (NYSE: CHWY) shares are up 2.91% after following reports that the online pet-offerings retailer’s co-founder, Ryan Cohen, is pushing Bed Bath & Beyond Inc. (NASDAQ: BBBY) to streamline...
Blackstone Makes £140 Million Strategic Investment in Currencies Direct
To facilitate the acceleration of its expansion, Currencies Direct, a global provider of digital foreign exchange (FX) and global payment services to private clients and SMEs, today announced a strate...
NFTスタートアップImmutableが約230億円調達、TemasekやTencentらから | あたらしい経済
オーストラリアのNFTスタートアップのImmutable（イミュータブル）が、シンガポールのTemasek（テマセク）が率いる投資家から企業評価額25億ドル（約2,900億円）で、資金調達を行ったことを3月7日に発表した。この資金調達は暗号資産（仮想通貨）とNFTスタートアップへの関心の高まりを受け行われた。 以前Immutableが2億ドル（約230億円）の資金調達を実施した際には、...
DeFi 101: What to know and what to look for
When bitcoin introduced the world to the concept of a decentralized currency on an encrypted distributed ledger in 2009, it planted the seed for developers and investors to launch a wide variety of pr...
Fuse Network Is Now Supported by Multifarm Yield Farming Aggregator
Fuse Network has now been introduced to Multifarm’s list of chains to monitor. Users can use Multifarm to make comparisons of yields on over 1000 DeFi protocols all over 25 chains in order to select t...
JetBlue founder’s startup Breeze Airways plans to nearly double its routes
David Neeleman, founder and chief executive officer of Breeze Airways, during a champagne christening before the airlines’s inaugural flight at Tampa International Airport (TPA) in Tampa, Florid...
Will Your Rent Keep Skyrocketing? Not If This Billionaire Is Right
Marvy Finger recently sold half his portfolio of Sunbelt apartments for $2 billion, saying the Covid-crazed rental market has peaked. The buyers, pointing to a 20-year low vacancy rate, disagree. For ...
Gold price outlook after LBMA suspended Russian gold
Gold price is back up above the crucial level of $2,000 after dropping below it on Monday. The precious metal got into the new week on the front foot, rising above this psychological level for the fir...