Notebook with mutual funds sign on a table. Business concept. getty Question: Why are there so many mutual funds? Answer: Mutual fund management is profitable, so Wall Street creates more products to ...
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Cardano (ADA) And Polkadot (DOT) Recedes To The Hideaways (HDWY)….
The demise of FTX created unprecedented turmoil for Cardano (ADA) and Polkadot (DOT), causing the altcoins to lose their investors to The Hideaways (HDWY). The new generation investment has been makin...
Bankman-Fried considered closing Alameda in September
Sam Bankman-Fried contemplated closing Alameda Research in September, according to charges filed by the Commodity Futures Trading Commission. The disgraced former CEO reportedly drafted and sha...
Business as Usual Says CZ, Confirming Over $1 Billion Daily Withdrawals
Changpeng Zhao – CEO of Binance – said clients had withdrawn approximately $1.14 billion worth of crypto today (December 13) from the platform. The executive assured they handled the demand and that b...
Machine learning algorithm sets Solana price for December 31, 2022
As 2022 draws to a close, Solana (SOL) remains heavily impacted following the devastating meltdown of the crypto exchange platform FTX. With long-standing support from FTX founder Sam Bankman-Fried an...
SEC charges Sam Bankman-Fried for defrauding equity investors
Within a span of 24 hours, Sam Bankman-Fried has gone from being a free man to being locked up facing charges from multiple United States agencies. The U.S. Securities and Exchange Commission has char...
Cramer recommends caution as stocks rally on inflation data
S&P 500 opened more than 2.0% up this morning after the U.S. Bureau of Labour Statistics said consumer prices weren’t up as much as expected in November. Cramer reacts to the CPI print Versus a ye...
This Was Going On For Years
The current CEO of failed crypto exchange FTX, John Ray, showed his face and shed light on the company’s operations. Ray was appointed as part of the exchange’s bankruptcy proceeding to lead the inves...
Santander Is Ending All Payments to Crypto Exchanges
Santander – a UK-based financial institution – has announced it’s not going to allow any crypto exchange payments beginning in 2023. Thus, anyone who has a crypto wallet tied to their traditional bank...
Bitcoin price analysis: Bullish momentum heats up as BTC taps the $17,700 level
Recent Bitcoin price analysis reveals the cryptocurrency is making a strong move higher as it approaches the $17,700 level. The price spike has evolved after a period of consolidation of around $17,00...
Crypto Crash After SBF Arrest?
Binance Withdrawals: While the cryptocurrency market went into green territory following the news of SBF arrest, a new wave of undercurrent contagion seems to be spreading. It has been over a month no...
Crypto Sports Betting Sites Can Beat Illicit Betting From The Industry
FIFA World Cup Qatar 2022 is on a roll having already peaked a total viewers count to over 14 Million during Kylian Mbappe’s late winner against Australia. Sports events like this attract a lot of ind...
AVAX Hits 1-Week High, as LTC Also Climbs Following US Inflation Data – Market Updates Bitcoin News
Avalanche rose to a one-week high on Tuesday, as markets reacted to the latest inflation report in the United States. Consumer prices rose to 7.1% in November, which was lower than the 7.3% markets ha...
Gen Z loves Minions, horror and Dwayne ‘The Rock’ Johnson
Group of cheerful people laughing while watching movie in cinema. Zoran Zeremski | Istock | Getty Images Gen Z has been an enigma to the entertainment industry for years. But now there’s more in...
SEC charges former FTX CEO SBF for defrauding investors a day after his arrest
The United States Securities and Exchange Commission (SEC) has filed charges against Sam Bankman-Fried, the former CEO of now-bankrupt crypto exchange FTX. The SEC has charged Bankman-Fried with viol...
Netflix’s ‘Harry & Megan’ Is Going Disastrously For Harry And Megan
Harry & Meghan Netflix While The Crown has been a megahit for Netflix across five seasons now, a new venture into “Reality Royalty” has not gone nearly as smoothly. One project Prince Harry and Du...
Algorand Rises After Italy Selects Blockchain Protocol for Digital Guarantees Platform
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Is Mortgage Demand Falling As Buyers Respond To High Interest Rates, Low Supply?
| Getty Images Key takeaways Mortgage applications fell 1.9% from the previous week for the week ending on December 2, with many potential homebuyers likely waiting to see what the rate hike announcem...
Binance Pauses USDC Withdrawals, Here’s What’s Happening
Yuri Molchan Binance has halted withdrawals of USDC stablecoin, CZ promises they will be restored soon Contents USDC withdrawals from Binance on pause Investors moving their funds off Binance, CZ blam...
Tether helps Binance swap 3 billion USDT to Ethereum from Tron
Tether announced that it’s assisting crypto exchange Binance with a “chain swap,” which involves converting 3 billion USDT to the Ethereum network from the Tron network. “In a few m...
AliPay integrates digital yuan
The major Chinese digital wallet AliPay has integrated digital yuan (e-CNY) into the Taobao and Tmall e-commerce platforms. The digital asset is so far available in 20 Chinese cities only. As reported...
New FTX chief describes the firm’s collapse in bankruptcy testimony
Recently appointed chief exec of crypto exchange FTX, John J. Ray III, provided new insight into the firm’s collapse in prepared testimony on Tuesday. At a US House Financial Services hearing on the s...
XRP whale activity soars with price retracement; Bullish trend to continue?
After the protracted consequences of the FTX collapse, the news of its founder’s arrest seems to have jolted the cryptocurrency market, including the XRP token, leading crypto traders and investors to...
Argo Blockchain Warns Bankruptcy Still on the Table
The crypto mining sector is continuing to suffer from low crypto prices and rising energy costs. Argo Blockchain warned on Monday that it’s threatened by the risk of holding “insufficient cash” ...
$1.1 Billion Withdrawn From Binance Says Changpeng Zhao – Trustnodes
Binance is seeing a higher than usual outflow of assets as sharks that have been hopping since FTX, now try and see whether to hop or circle here. “We saw some withdrawals today (net $1.14b ish). We h...
Stader Labs Unveils Plan for a decentralized, DeFi-friendly Liquid Staking solution on Ethereum
– Advertisement – Singapore, Singapore, 13th December, 2022, Chainwire Stader Labs, a leading multi-chain liquid staking protocol, has announced that it is launching its liquid staking s...
SEC charges Sam Bankman-Fried with defrauding FTX investors
The US Securities and Exchange Commission (SEC) has filed charges against disgraced former FTX CEO Sam Bankman-Fried, with the regulator revealing the charges a few hours after Bankman-Fried’s arrest ...
Apex Fintech Solutions and Unifimoney Announce Partnership to Provide America’s Credit Unions and Community Banks with Digital Investment Solutions
Enables community financial institutions to equip account holders with access to a full suite of digital wealth management services SAN FRANCISCO & AUSTIN, Texas–(BUSINESS WIRE)–Apex Fintech Solut...
Bitcoin spikes to $18,000 on better than expected CPI data
The release of November’s Consumer Price Index (CPI) data showed inflation at 7.1% year-on-year (YoY). This came in better than the estimated 7.3% figure. Bitcoin spiked 2.6% on the news and was tradi...
The Market Wants to Celebrate Slowing CPI, But the Fed Could Spoil the Party
Stocks continue to move higher as market players await the CPI report at 8.30 am ET. The S&P 500 jumped 1.4% on Monday and held above key support of over 3900. Last month the S&P 500 rose arou...