The Dow Jones Industrial Average briefly fell 275 points Thursday after lower-than-expected initial unemployment claims from the Labor Department, Social media giant Meta Platforms (META) soared 20% a...
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Bitcoin bulls must reclaim these 2 levels as ‘death cross’ still looms
Bitcoin (BTC) faces a sink-or-swim resistance test to confirm its “macro breakout,” a new analysis says. In a tweet on Feb. 2, on-chain monitoring resource Material Indicators flagged key levels to fl...
What Is Proof of Work (PoW)? – Cryptopolitan
Have you ever wondered how Bitcoin and other cryptocurrencies are able to guarantee secure transactions? The answer lies in a concept called Proof of Work (PoW). It is a consensus mechanism used by de...
Peter Schiff Knew Celsius Network Was Ponzi, Wonders Why Regulators Did Not
Godfrey Benjamin Bitcoin critic said he knew Celsius network was Ponzi scheme all along Popular crypto critic Peter Schiff has called out regulators in the United States of America for not discovering...
AVAX Triumphs in Q4 — New Institutional Hosting to Uplift Prices
Avalanche network showed continued growth through the fourth quarter of 2022. Intain launched an Avalanche subnet. Prices went up by nearly 25% in the past 7 days. Per the announcement made by A...
Fantom’s Value Grows By 164% In 2023; Ranked 40 By Market Cap
Fantom is back up from 2022 lows and ranks at 40th position as per market capitalization. The asset has increased by 164% in value already in 2023. The dormant coin is moving at a steady pace when it ...
Ford (F) earnings Q4 2022
Ford CEO Jim Farley takes off his mask at the Ford Built for America event at Fords Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Nic Antaya | Getty Images DETROIT – Ford Motor is ...
Voyager creditor requests trustee to take control of the firm’s estate
A voyager creditor, Michelle DiVita, is reportedly calling for a Chapter 11 trustee to seize the bankrupt firm’s estate. DiVita also accused Voyager Digital of misinforming the public about the compan...
Regulators May Be ‘Speeding Up Their Timeline’ on Cryptocurrencies
Properly measuring counterparty risk in crypto has rarely been more crucial. This is the clear message emanating from a panel at the iConnections Global Alts conference in Miami on Tuesday featu...
Uniswap Foundation charts path forward amid cross-chain bridge governance debate
The Uniswap Foundation’s executive director said a cross-chain bridge governance vote garnered “more attention than any Uniswap proposal in recent memory.” Devin Walsh’s ...
TeraWulf Announces Beneficial Debt Modifications and Approximately $32 Million of New Equity Proceeds
Deal will Eliminate principal payments and defer amortization to April 2024 with ability to extend to maturity. Company expects to be fully funded to positive free cash flow from bitcoin mining operat...
Render token up 17% after DAO approves burn & mint mechanism
Render Network announced that it has received governance approval to implement a burn and mint equilibrium (BME) mechanism for its native token — RNDR. RNDR surged over 17% to become the fourth larges...
Hanesbrands stock plunges toward biggest selloff in 15 years after relatively high dividend eliminated, warning of a Q1 loss
Shares of Hanesbrands Inc. HBI, -27.38% plummeted 20.7% in morning trading Thursday, putting them on track for the worst one-day performance in nearly 15 years, after the T-shirt and underwear seller ...
Celsius Releases Names of Customers Eligible To Receive Most of Their Crypto Assets Back
Eligible customers of bankrupt crypto lending firm Celsius Network will soon be allowed to obtain the funds trapped when the platform paused withdrawals and transfers in June of last year. In a new co...
Twitter ends access to free API as Elon Musk pushes for monetization – Cryptopolitan
According to recent reports, Twitter will discontinue offering free access to its API starting February 9. On that note, the social media behemoth will launch a paid version. This comes as the Elon Mu...
Chainlink (LINK) Price Prediction for February: $9.40 Reachable
The Chainlink (LINK) price saved a breakdown by bouncing on Feb. 1. An increase above the current pattern could accelerate the rate of increase toward $7.90 and possibly $9.48. Most of the Chainlink n...
Sam Bankman Fried Under Trouble for Tampering Witness
Sam Bankman Fried (SBF), the co-founder of FTX. FTX was among the top three biggest cryptocurrency exchanges before it filed for bankruptcy in late November last year. SBF is in fresh trouble for talk...
Bitcoin: is there a bull trap underway?
Oftentimes when the price of Bitcoin rises quickly during a bearish period many speculate that it is merely a bull trap. The “bull trap” is a false upward signal during a downtrend, such that it may l...
Twitter Shuts Down ‘Doge Tipping Bot’, Prompting Appeals to Elon Musk, Backlash From Dogecoin Community
Social media giant Twitter is shutting down a bot that allows users to tip others in meme crypto Dogecoin (DOGE), prompting appeals to CEO Elon Musk. According to one of the program’s designers, the b...
ATOM/USD Keeps Moving Higher as Price Touches $14.8
Join Our Telegram channel to stay up to date on breaking news coverage The Cosmos price prediction adds a tremendous 10.15% gain, and at the time of writing, it is trading around the $14.7 resistance ...
Bank of England’s Andrew Bailey tempers talk of pause, pivot in hikes
Governor of the Bank of England Andrew Bailey has talked down expectations that the central bank is readying to pause or pivot rate hikes. Yui Mok | Afp | Getty Images LONDON — The Bank of England on ...
The Bitcoin Death Cross Looms: What Traders Can Expect Next For BTC Price?
The Bitcoin bulls have continued to surprise many in the past few weeks despite several calls for an imminent price correction. The largest digital asset has gained over 3 percent today to trade aroun...
Annuity sales hit record in 2022 amid higher interest rates and fear
Tim Bieber | Photodisc | Getty Images Amid stock market gyrations, recession fears and loftier payouts, consumers last year pumped a record sum of money into annuities, a type of insurance that offers...
Coinbase class-action lawsuit alleging security selling dismissed
A lawsuit against Coinbase and its CEO Brian Armstrong was dismissed on Wednesday. The judge exposed a flaw in the plaintiffs’ claim. In the United States District Court of Southern New York on Wednes...
Optimism’s OP Token Clinches Record High Nearing $3 After New Bedrock Proposal
OP – the governance token of Ethereum layer 2 scaling solution Optimism – surged by more than 30% over the past 24 hours from $2.23 to $2.92, hitting a fresh all-time high. The price action comes afte...
More Than 81,000 Employees Laid Off In Major U.S. Layoffs In January
Topline More than 81,000 employees lost their jobs in major U.S. layoffs in January alone—the most in any one month since Forbes started tracking layoffs last summer—including major cuts at Amazon, Go...
Utopia ecosystem strengthening with higher staking balance
Utopia announces a significant increase in the minimum staking balance for its mining nodes, from 32 CRP to 64 CRP per thread. The change, set to take effect on March 1st, 2023, is a strategic move ai...
How To Invest In Defense Stocks To Capitalize On U.S. Government Spending In 2023
Getty Images Key takeaways The U.S. government is poised to spend about $800 billion on defense in the coming year Some publicly-traded companies compete for government defense contracts that can be w...
Bitcoin Mining Could Help Scale Solar Power, Report Reveals
A report has revealed how integrating Bitcoin mining into solar storage systems can improve the scalability and reliability of grids. Bitcoin Mining’s Properties Mean That It Goes Well With Solar Powe...