The host of Mad Money, Jim Cramer, has advised investors to sell their crypto, emphasizing that “it’s never too late to sell an awful position.” Regarding FTX, Cramer predicted that the collapsed trad...
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Bitcoin Holders Show Rapid New Accumulation For First Time This Bear, Bottom Signal?
On-chain data shows Bitcoin holders have done some rapid fresh accumulation recently, something that may lead to bottom formation for the cycle. Bitcoin 1w-1m Realized Cap UTXO Age Bands Have Sharply ...
4 More REITs Hit New Yearly Lows
Worries about whether the Federal Reserve might slow the pace of interest rate hikes are taking a toll on a few real estate investment trusts (REITs). These four interest-sensitive REITs dropped to ne...
Bank of Russia wants to ban miners from selling crypto to Russians
The Russian central bank continues to maintain an extremely negative stance on cryptocurrencies, proposing to ban local miners from selling coins to local people. The Bank of Russia has supported the ...
Institutional investors are still bullish on crypto despite FTX’s collapse
According to data provided by the cryptocurrency exchange Bitstamp, institutional registrations on the trading platform rose despite the FTX saga. An increase in retail customers despite the crisis Th...
The Fed is expected to raise rates once more before 2023. If you’re shopping for a new CD, you may want to hold off
With inflation still at an all-time high, consumers could see one more rate hike from the Fed before 2022 comes to an end. The Federal Open Market Committee holds eight regularly scheduled meetings du...
Binance Shares Bitcoin Proof of Reserves Audit Report
9 seconds ago | 2 mins read Exchange News Binance announced on Twitter that it is collaborating with Mazars. The crypto exchange had its reserves and liabilities verified on November 22, 2022. In an e...
After Crisis Meeting, Hansi Flick Remains Germany Coach
The DFB confirmed on Wednesday that Hansi Flick will remain the head coach of the Germany’s national … [+] team. (Photo by Stuart Franklin/Getty Images) Getty Images Hansi Flick will remai...
Canada’s Biggest Pension fund CPPI dropped crypto investment plan amid unstable markets
Canadian pension fund CPP Investments which manages $388 billion for roughly 20 million Canadians, has given up its crypto investment plan after a year-long study of crypto investment opportunities, a...
GameStop, Rent the Runway, C3.ai, and more
GameStop (GME): The retailer missed on both the top and bottom lines as sales declined amid a gaming slowdown. Third-quarter net sales of $1.19 billion were down 8.5% from a year ago, driven by a 19% ...
Nexus Mutual Hit With $3M in Ethereum Exposure to Orthogonal Trading Default
The FTX dominoes continue to tumble, as Nexus Mutual revealed roughly $3 million in losses due—via a long string of contiguous events—to the exchange’s collapse last month. The crypto insurance ...
COP27 Is Over, But Egypt’s Climate Struggles Are Just Beginning
A sunset over one of the three pyramids of Dashur in Egypt. (Photo by Barry Iverson/Getty Images) Getty Images Last month, the COP27 conference, which brings together leaders from across the world to ...
Gate.io Launches Recovery Fund – Is It for Industry or Credibility?
Cryptocurrency exchange Gate.io announced the launch of an industry recovery fund following similar efforts by other exchanges. Gate.io said its $100 million liquidity support fund would be available ...
The ‘best country in the world’ is planning to ban electric cars amid the energy crisis. Is it time to revisit oil stocks? Here are 3 big plays
Winter is coming: The ‘best country in the world’ is planning to ban electric cars amid the energy crisis. Is it time to revisit oil stocks? Here are 3 big plays Electric vehicles have bec...
The Long-term Outlook on TAMAUSD Is Bright
Join Our Telegram channel to stay up to date on breaking news coverage Tamadoge bulls have finally found a good place at around the $0.013 price level that will act as a strong demand zone for a bulli...
Solana’s NFT ecosystem stands at the forefront; can SOL claim the same
Solana NFTs market share stood at 13% in terms of sales volume. Sales reached its all time high in November According to Dune, daily purchases on Solana NFT marketplaces registered a decline Solana’s...
Rare Late-Season Disturbance Could Become First December Subtropical Storm In 9 Years
Topline A storm system developing in the Atlantic this week could become the first named December storm in almost a decade, according to meteorologists, possibly making for an unusually late end to hu...
By The Numbers: How Much Energy Did The Ethereum PoS Merge Save?
Ethereum completed the switch to a Proof-of-Stake consensus system earlier this year, here’s how much energy is being saved thanks to the Merge. Ethereum PoS Merge Reduced Energy Consumption By 99.84%...
Bruising Stock Reversal Shows How Fed’s Pivot May Come Too Late
(Bloomberg) — For many investors, December has been a shocker in the stock market. After getting sucked in by a rousing seven-week rally, they’ve now had to watch as the S&P 500 posted the l...
Similarities and Differences You Should Know
All about NFTs? A nonfungible token (NFT) is a digital file that has been tokenized on the blockchain. To tokenize something means to circulate it by converting it into a digital token that can be use...
Introducing Allbridge Core – Crosschain Stablecoin Swap Solution
Lisbon, Portugal Allbridge – a crosschain solution provider, just launched its latest product Allbridge Core, enabling seamless transfer of stablecoins between a wide variety of EVM and non-EVM blockc...
BTC price hits new December low as Bitcoin dips 2% with Asia stocks
Bitcoin (BTC) hit new month-to-date lows on Dec. 7 as Asian markets fell during trading. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $16,500 stands as support as BTC price wobbles Data...
Rich Chinese keep spending while others cut back: McKinsey survey
Pictured here is a science-fiction themed installation at the Maison Hermes in Shanghai, China, on Nov. 28, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — Wealthier Chinese were ...
Largest Eurasian BTC Mining Hub in Kazakhstan Tightens Rules for Miners
Vladislav Sopov Electricity from auctions, new taxes and two licenses instead of one: Kazakhstan Parliament passes major bill on crypto Contents Kazakhstan launches electricity auctions for miners New...
Carvana Shares Crash To All-Time Low—Here’s How Its 99% Drop Compares To Other Pandemic Darling Stocks
Topline Carvana shares plummeted 41% Wednesday to $3.95, down 99% from its all-time high of $370 just 16 months ago, the latest drastic indication of investors abandoning assets that skyrocketed durin...
Crypto will be treated as securities, ICE CEO says
Jeffery Sprecher, CEO of Intercontinental Exchange (ICE), revealed that crypto might be regulated under existing securities laws, while New York Stock Exchange may move into tokenized trading. Speakin...
SEC Chair Gensler Responsible for FTX Fall Thrashes Congress Reps.
Congress Reps blame Gary Gensler for the fall of the FTX exchange. Claims Gensler didn’t carry out his duties diligently. Despite laws put out, authorities failed to examine exchanges properly. Specul...
Is Apple A Value Or Growth Stock?
While 2022 is marked with red ink for the majority of stocks, it’s been a good year for those of the Value persuasion, relatively speaking. Indeed, as of 12.07.22. the Russell 3000 Value index had a n...
US DOJ charges former CTO of blockchain company for fraud scheme
The US Department of Justice said it has arrested Rikesh Thapa, the former chief technology officer of a blockchain company, for allegedly defrauding his company of over $1 million. The DOJ did not na...
Costco earnings arrive as consumers slow down slightly
Investors are closely watching Yahoo Finance Company of the Year Costco as it is set to report its fiscal first-quarter earnings Thursday after the market close. Costco is coming off cooling sales in ...