The new year is finally upon us, and here at WEMP, we have been reflecting upon the last year, as another unprecedented 12 months have gone before us. Although 2021 kicked off with hopes that the pand...
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Here’s How Much El Salvador’s Bitcoin is Currently Worth
The Central American nation of El Salvador entered into the pages of history as the first country to officially adopt bitcoin as a legal tender on June 9, 2021. Subsequently, the country went on a bit...
Trader Who Called Bitcoin Top and Subsequent Crash to $40,000 Details What’s Next for BTC
Late last year, a crypto trader managed to accurately predict Bitcoin topping out above $60,000 for the second time, and then crashing down to the $40,000 level. Now, traders are waiting to see if the...
As VCs turn to crypto, here’s why CZ thinks India is ‘poised to become a leader’
The crypto industry remains an uncertain playing field in many countries due to a lack of regulatory guidelines. Despite that, Bloomberg analysis noted in a recent report that Binance, the largest cry...
Abercrombie & Fitch trims holiday-quarter sales outlook
Customers exit an Abercrombie & Fitch store in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Abercrombie & Fitch said Monday that it saw strong demand from consumers ...
Bitcoin and Other Assets Expected to Hit New Lows in Coming Weeks
2022 has not started off well for most cryptocurrency traders. At the time of writing, bitcoin – the world’s number one digital currency by market cap – as well as many of its altcoin cousins are expe...
Stocks making the biggest moves after hours: Intel, Micron and more
Signage at the entrance to the Intel headquarters in Santa Clara, California, U.S., on Tuesday, Oct. 19, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in ...
SEC Chair Gary Gensler Declares Crypto Tokens Raising Funds as Securities and says they should Register
Gary Gensler, chairman of the US Securities and Exchange Commission (SEC) has said that the crypto industry still needs to come under securities laws in 2022. He stated that the facts and circumstance...
No Evidence Of Drugs Or Foul Play In Bob Saget Death
Topline There is no evidence that foul play or drug use is connected to the death of comedian Bob Saget, best known for his role as Danny Tanner on the beloved ‘90s sitcom Full House and the longtime ...
Hong Kong Internet Stocks Post Another Strong Day
China Last Night KraneShares Key News Asian equities had a decent start to the week led by the Philippines’ strong day. South Korea was off on tech/growth weakness, and Japan was on holiday. The Hang ...
Kosovo Police confiscate over 300 crypto mining rigs amid energy crisis
The Kosovo Police force has seized more than 300 crypto mining rigs days after announcing a crackdown. A report unveiled this news earlier today, citing three separate announcements by the law enforce...
Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom
Bitcoin has been on a downward streak since the last quarter of 2021, and this has spilled into the new year. As January goes into full bloom, it has come with discouraging movements for investors as ...
Expect more than 4 rate increases in 2022, and a lot of market volatility, says JPMorgan’s Dimon: ‘If we’re lucky’ the Fed can engineer a “soft landing.”‘
JPMorgan Chase & Co. JPM, +0.10% CEO Jamie Dimon said the consumer remains in great shape in 2022 but also said volatility could be elevated in financial markets as the Federal Reserve aims to nav...
New NFT marketplace LooksRare allows traders to earn rewards
LooksRare, a recently launched nonfungible token, or NFT, marketplace, says it wants to index all NFT collections on the Ethereum blockchain. The site went live today with a token airdrop. #LooksRare ...
The Associated Press is launching an NFT marketplace for photography
advertisement The Associated Press, the leading global news wire service, is looking to non-fungible tokens to monetize its photojournalism. Per a January 10 announcement from the AP, the NFT marketpl...
Binance CEO Zhao becomes richest crypto billionaire
TL;DR Breakdown: Changpeng Zhao officially becomes richest crypto billionaire. Zhao is expected to rank among top 10 richest billionaire’s in the near future. Changpeng Zhao, Binance Exchange CEO, has...
Sons of Singapore billionaires jump aboard the NFT train with ARC
Sons of two Singapore billionaires have teamed up to create ARC, a private social network based on NFTs. Kiat Lim, the son of financier Peter Lim, and Elroy Cheo, the heir of the edible oil business M...
Coinbase Coin facing heavy Insider Sellings, Could Crypto Market dip be the reason?
There had been a lot of stocks sold by famous crypto exchange Coinbase Coin company’s higher officials in the last several months. SEC reports show the happenings related to the Selling of stock...
SEC Chair Gensler Sidesteps Question About Ethereum’s Status as a ‘Security’
SEC chair Gary Gensler today didn’t give an answer on whether or not Ethereum is a security—but he did say that if someone or something is raising money from the public, it could potentially mee...
As Bitcoin Dips, Seasoned Trader Tone Vays Says BTC Just Flashed Mega Bullish Signal
Veteran trader Tone Vays says one Bitcoin (BTC) indicator that historically leads to crypto rallies just started flashing bullish signals. In a recent YouTube update, Vays tells his 118,000 subscriber...
Germany: crypto certificates are the most traded products
The Frankfurt Stock Exchange, or Börse Frankfurt, shows that crypto certificates (or warrants) are the most traded products in 2021 in Germany. Their trading volume exceeded 18.4 billion euros. Germa...
U.S. Natural Disasters Cost $145 Billion In 2021 — 3rd-Costliest Year On Record
Topline Hurricanes, wildfires, droughts and deep freezes made 2021 one of the costliest — and deadliest — years for natural disasters in recent U.S. history, a federal report found Monday, as scientis...
Five Things To Watch Out In Bitcoin, Ethereum, And Cardano This Week!
The new week has begun on a strange note as the market leaders BTC, ETH, and ADA are trading at the same position that they were this time last year. There are heated predictions running around the ma...
Deutsche Bank Predicts This Media Company Can Become The Next Big Streaming Giant
Topline Analysts at Deutsche Bank named media and entertainment giant ViacomCBS as a top stock pick for 2022, arguing that it trades at a much lower valuation than its rivals and predicting the compan...
PayPal Confirms That It Is Actively Exploring Stablecoins
PayPal Holdings Inc. (NASDAQ: PYPL) has confirmed earlier investigations about its exploration of stablecoins in line with its broader crypto strategy. The investigation in question was initiated by S...
Jamie Dimon expects at least four rate hikes in 2022
Invezz does not provide financial advice. Our aim is to simplify information about investing, enabling each user to make educated decisions with their money and to take control of their financial futu...
Ethereum Could Soon Be Behind 50% of All Financial Transactions
According to Joey Krug – Chief Investment Officer at digital asset investment firm Pantera Capital – Ethereum will continue to be superior to its rivals. Moreover, the exec believes Vitalik Buterin’s ...
California Governor Newsom Proposes Record $213 Billion Budget
(Bloomberg) — California Governor Gavin Newsom on Monday unveiled a $213 billion general fund budget for the next fiscal year, buttressed by a $45.7 billion surplus as the most populous U.S. sta...