The bad news flywheel continues to be spinning in warp speed at Peloton (PTON). Shares of Peloton crashed 22% to $26 on Thursday after a CNBC report that the struggling fitness company would temporar...
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Federal Reserve publishes long-awaited central bank digital currency report
The US Fed’s long-awaited report on central bank digital currencies dropped Thursday afternoon. Framed as a discussion paper, the Fed notes in its introduction release that it “examines th...
USD Coin Overtakes Tether on Ethereum
The stablecoin market has undergone a shakeup as USD Coin (USDC) has overtaken USD Tether (USDT) on the Ethereum blockchain. USD Coin Supply On Ethereum Is Now More Than Tether As per the latest weekl...
Bitcoin, Ethereum, Solana, Cardano Price Analysis — 20 January Morning Prediction
Bitcoin marches towards higher market price in the 24 hours timeframe Ethereum shows progression just like Bitcoin Cardano staggers to get pace within the market Solana roars higher by 2.57% Cryptocur...
These were the 5 hottest coins on Twitter last week — And their price dynamics
Crypto Twitter is a powerful place. Not only does the online discussion follow the ups and downs of digital assets, but it can also shape price action. Oftentimes, a spike in Twitter attention can ant...
Eternal oath of Georgia citizen to stop crypto mining
Residents of Svaneti, Georgia, have reportedly been forced to take a holy swear not to mine cryptocurrencies in order to address energy issues caused by Bitcoin mining. An eternal oath was signed in o...
Jefferies Sees the NFT Market Reaching More Than $80B in Value by 2025
The convergence of the digital and physical worlds is taking shape, with non-fungible tokens (NFTs) allowing brands to expand their reach into “digitally-enabled experiential tie-ins,” investment bank...
Crypto Strategist Justin Bennett Updates Outlook on Bitcoin (BTC), Ethereum (ETH), and Two Popular Altcoins
A widely-followed crypto analyst foresees impending bounces for top cryptos Bitcoin (BTC) and Ethereum (ETH) while highlighting support levels for two popular altcoins. In a recent YouTube update, cry...
Jim Cramer Has Major Warning for Dogecoin Buyers
Alex Dovbnya Jim Cramer claims that Dogecoin is an unregistered security Popular stock picker Jim Cramer has issued a stark warning about Dogecoin in his recent tweet, claiming that the biggest meme c...
Peloton to pause production of its Bikes, treadmills as demand wanes
Peloton is temporarily halting production of its connected fitness products as consumer demand wanes and the company looks to control costs, according to internal documents obtained by CNBC. Peloton p...
a16z Seeks Record-Breaking $4.5B for Crypto Funds
Key Takeaways Andreessen Horowitz has announced it is seeking $4.5 billion in fresh capital for its crypto funds. $3.5 billion would be allocated to its recently-launched crypto fund and $1 billion wo...
Travelers, American Airlines, Signet Jewelers and more
Check out the companies making headlines before the bell: Travelers (TRV) – The insurance company reported a quarterly profit of $5.20 per share, well above the $3.86 consensus estimate, with revenue ...
Twitter Launches NFT Profile Pic Verification for Some iPhone Users
In brief Twitter will now let users of its Blue service verify ownership of the NFTs used as their profile pictures. The service is for now only available to iOS users though Android users will be abl...
The CW Renews A Trio Of Alternative Series For 2022-23
Penn Jillette (L) and Teller of the comedy/magic team Penn & Teller appear at the Rio Hotel & Casino … [+] to celebrate the duo’s 35 years performing together March 3, 2009 in Las ...
YIELD App Launches Version Two, and It’s More Than Just a New Look
January 20, 2022 – Tallinn, Estonia YIELD App – the official digital asset wealth management partner of premier league football club West Ham United – has unveiled the hotly anticipated version two (V...
Peloton—Pandemic Stock Darling—Reportedly Halts Production Of Fitness Products, Shares Plunge Nearly 20%
Topline Shares of Peloton—which surged during the pandemic as house-bound consumers grasped for ways to stay healthy—plunged nearly 20% on Thursday after reports that the company will temporarily halt...
MicroStrategy Not Selling its $5B Bitcoin Stash, Says CEO Michael Saylor
Michael Saylor, the CEO of the leading publicly traded business intelligence and software company MicroStrategy, revealed that the company is not selling its Bitcoin stash. When questioned if he is te...
Russian Central Bank Suggests Banning Cryptocurrencies
In a paper discussing the role of cryptocurrency in the Russian financial sector, the country’s central bank proposed a ban on its usage, trading and mining. The call came from a paper published earli...
Russia’s Central Bank Proposes Ban on the Use and Mining of Crypto
On Thursday January 20, the Bank of Russia published a report that proposes ban of the use and mining of cryptocurrencies within Russian territory. In the report, the Central Bank of the Russian Feder...
InBetweeners, the NFT brand that bewitched Justin Bieber- The Cryptonomist
The brand is called InBetweeners and has become known to the world for its exclusive “bad ted”, 10,777 NFTs that reproduce Teddy Bear. With the support of Justin Bieber, the collection got an incredib...
Peloton’s stock skids, following report it will pause production of bikes, treadmills
Shares of Peloton Interactive PTON, -17.24% were sinking Thursday afternoon, trading below where it first listed, after a report said the exercise-equipment maker was temporarily pausing production of...
5 Top NFT Cryptocurrency to Invest in Now – January 2022
Non-fungible tokens (NFTs) have grown in leaps and bounds since the beginning of 2021. Despite breaking into the blockchain limelight just a year ago, NFTs have recorded over $15 billion in total reco...
Digital Asset Banking: Traditional Allies
January 20, 2022, 1:52PM EST • 12 min read Quick Take Client demands push Wall Street investment banks to onboard new products to deliver cryptocurrency exposure BNY Mellon, Citi, J.P. Morgan, Morgan ...
Will LUNA, NEAR, And TRON Be The Altcoins To Bag For A 35% Surge?
The crypto town’s folks are on a rigorous hunt for potential altcoins which have been far from the glitter and bustle. Undervalued assets are always on the radar of traders and investors for higher ...
1inch debuts on Avalanche and xDai Chain
TL;DR Breakdown: 1inch Network has launched on Avalanche and Gnosis Chain. In 2021, the protocol was also deployed on Optimistic Ethereum and Abritrum. With over one million users, the network records...
Nexo Partners with Bakkt For Ethereum and Bitcoin Custody
Bakkt Holdings, Inc. (NYSE: BKKT), a digital asset platform, has partnered with Nexo, a regulated digital assets institution. The partnership will see Bakkt providing custody for cryptocurrency assets...
Intel’s ASIC crypto mining to help claw back lost customers
Crypto mining enable Intel’s ASIC to lead from the front for miners Designed for specific use-cases for advanced chips in the manufacturing process Crypto mining revenue range from $1 billion to $1....
SEC Commissioner Says Crypto Doesn’t Require Special Regulatory Framework
While there have been calls by the cryptocurrency community for the SEC to provide clearer regulation for the industry, one of the agency’s commissioners thinks otherwise. SEC Does Not Need to Re-Inve...
Coinbase Partners With Payments Giant Mastercard in NFT Initiative
Top US crypto exchange Coinbase is striking a partnership deal with payments giant Mastercard in preparations for a new non-fungible token (NFT) marketplace. The partnership comes following the exchan...