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 ...
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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 ...
Pro-fintech Republican McHenry officially named next House Financial Services chair
Rep. Patrick McHenry, R-N.C., has been named the next chair of the House Financial Services Committee. The House Republican Steering Committee, which determines committee leadership positions, m...
Cryptos Flat as Recession Fears Outweigh Better U.S. Productivity
Bitcoin remained reasonably steady at around the $16,850 mark as U.S. nonfarm productivity rose 0.6% for Q4 2022. The slight quarter-on-quarter increase in productivity means that employers can raise ...
RXDX Stock Skyrockets On Promising Results In Irritable Bowel Disease
Prometheus Biosciences (RXDX) reported promising results for one of its drugs in two inflammatory disease studies on Wednesday, and RXDX stock catapulted by triple digits. X The company studied its dr...
BTC/USD Slumps as Price Targets $16,500
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction shows that BTC is likely to fall again but buying interest could pick up if the price crosses above ...
The Contract Won’t End Well, But The Yankees Had To Sign Aaron Judge
Major League Baseball player Aaron Judge walks with his wife on the sideline before an NFL football … [+] game between the Tampa Bay Buccaneers and the New Orleans Saints in Tampa, Fla., Monday,...
A-Z of Tether’s latest rollout on the Tron network
Tether plans to roll out the Chinese Yuan on the Tron network Tether’s future plans include rolling out digital versions of existing fiat currencies Tether, the crypto company that created the USDT s...
Amazon CEO, Putting Stamp on Company, Promotes Four Leaders
(Bloomberg) — Amazon.com Inc. Chief Executive Officer Andy Jassy has appointed four executives to senior roles as he continues to put his stamp on the world’s largest e-commerce company. Most Re...
Binance Bitcoin Proof Of Reserves Audit Report Out Now
Binance, the world’s largest cryptocurrency exchange recently revealed the crucial details of its hot and cold wallet addresses in order to ensure the users. The exchange also promised to share the Me...
Academy Sports + Outdoors Reports Third Quarter 2022 Results
Conroe Texas store Photo Courtesy company Courtesy Academy Sports There was a real air of confidence as management of Academy Sports + Outdoors spoke about the future of the company. Management had ju...
Will This New Development Push The Chainlink Price To $7?
The Chainlink price has not reflected positive changes despite a major development in the altcoin’s ecosystem. Over the last 24 hours, LINK has declined by over 4%. Even in the weekly window, the altc...
Japan recommends against algorithmic backing in stablecoins
After passing its landmark legislation on stablecoins in June, Japanese regulators are considering complementing it by restricting the algorithmic backing of stablecoins. The intention comes as a reco...
AMC’s APEs hit new low
AMC Entertainment Holdings Inc.’s AMC, -10.37% AMC Preferred Equity Units APE, -8.91%, or APEs, hit a new low of $0.82 on Wednesday. The stock was down 7.6% by mid-afternoon Wednesday, outpacing...
Cardano Founder Explains Why Project Hasn’t Penetrated Indian Markets Much
IOHK CEO Charles Hoskinson took to Twitter to explain why, despite the potential, Cardano has not penetrated the Indian markets much. India has been strongly anti-crypto, with numerous government atte...