The depths of a bear market may not be the best time to raise funds but that is exactly what Blockstream is doing. The crypto infrastructure firm has received fresh funding, but at a much lower valuat...
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US Mortgage Rates Fall a Fourth Week, Longest Stretch Since 2019
(Bloomberg) — US mortgage rates fell for a fourth week in a row, the longest such stretch of declines since May 2019. Most Read from Bloomberg The contract rate on a 30-year fixed mortgage eased...
Why a Divided Congress Is Bullish for Crypto
Of course, moving forward with bipartisan, tailored and fit-for-purpose legislation requires a careful reflection on recent events. The picture is clear: The failure of FTX International is defined by...
4.1 Billion XRP Moved from Bittrex Within Hour, Here’s What May Be Happening
Yuri Molchan Over past 60 minutes, staggering amount of XRP has been moved from Bittrex address Contents 4 billion XRP leaves Bittrex exchange 1 billion XRP moved by Ripple Labs giant As reported by W...
Cigarette makers ordered to display warning signs at retailers
Altria’s Marlboro cigarettes sold at a store. Simon Dawson | Bloomberg | Getty Images Major cigarette companies will soon be required to post signs at retail locations warning of the health effe...
Democrats control Senate after Warnock, a crypto supporter, won
According to the Associated Press, Democratic U.S. Senator Raphael Warnock has beaten Republican contender Herschel Walker in the Georgia run-off vote, guaranteeing his party a majority of seats in th...
3AC founders and staff hit with subpoenas as feds push for records
Three Arrows Capital (3AC) co-founders Su Zhu and Kyle Davies will be required to hand over “any recorded information” relating to the bankrupt crypto hedge fund after a federal judge greenlit subpoen...
$1.3T Asset Manager Exploring Use Cases for NFTs
One of the world’s largest asset managers is exploring the use cases for NFTs despite a turbulent crypto market environment, noting such tokens’ relevance beyond just digital art. The company minted i...
Whirlpool Corporation’s Cash Flow Increases The Safety Of Its Dividend Yield
Businessman trading online stock market on teblet screen, digital investment concept getty Recap from October’s Picks On a price return basis, the Safest Dividend Yields Model Portfolio (14.8%) outper...
Ethereum Developers Confirm Shanghai Upgrade Will Enable Staked ETH Withdrawals
– Advertisement – Ethereum stakers will be able to withdraw staked ETH. Ethereum developers, in a recent call, confirmed that they will roll out the Shanghai upgrade without EIP 4844 to el...
Celsius Chapter 11 Update and Galaxy’s Acquisition of GK8
December 7, 2022, 10:16AM EST • 3 min read Quick Take Galaxy Digital agrees to purchase GK8 from Celsius for ~$44.0mm Required escrow deposit of ~$5.4mm from November 3, 2022 agreement Celsius KERP a...
Web3 and Music combine – introducing Clef
Clef is an NFT project that lets users buy on-chain music NFTs and remix their melodies to create entirely unique music NFTs LONDON–(BUSINESS WIRE)–Clef, the new to market NFT gaming concept, bringing...
Winamp desktop player to support NFT audios
Windows media player Winamp latest desktop version would allow support of non-fungible tokens, allowing users to play audio files in NFT. We are proud to announce a new version (5.9.1) for our Desktop...
‘Bitcoin Rainbow’ indicator consolidates at lowest point as BTC aims to reclaim $17k
Bitcoin (BTC) appeared poised to reclaim the crucial $18,000 support level after briefly breaching the $17,000 position, with bulls under pressure to show strength. However, the asset has since plunge...
Staking on Chainlink Blockchain Platform Goes Live with Greater Security
Chainlink noted that the new staking feature will be an integral part of “Chainlink Economics 2.0” thereby focusing on sustainable growth. On Tuesday, December 6, oracle service provider Chainlink int...
Bitcoin Crime Usage Drops to 1%, but Banks are Biggest Culprits
Illicit Bitcoin activity dropped sharply over the past decade and now accounts for under 1% of BTC usage. But legacy banks may be the biggest culprits when it comes to crime and money laundering. Cryp...
Activist investor wants to replace Larry Fink as BlackRock CEO
BlackRock Inc (NYSE: BLK) is in focus on Wednesday after Bluebell Capital Partners called for Larry Fink to step down as Chief Executive of the investment company. Bluebell co-founder’s interview with...
Immense losses for the FTX crypto exchange
Companies in the group of the FTX crypto exchange, and in particular Alameda Research, would have made a veritable record of losses in 2022. This is revealed by Wikipedia’s page dedicated to the bigg...
Here’s Why The AXS Price Has Pumped 35% in a Week
Join Our Telegram channel to stay up to date on breaking news coverage The 2021 bull run helped several cryptocurrency projects positions themselves as high-potential ecosystems in a short span. It cr...
Sam Bankman-Fried hires attorney Mark Cohen amid probes of failed FTX exchange
Sam Bankman-Fried, founder and former chief executive officer of the bankrupt cryptocurrency exchange FTX, has hired white-collar crime specialist Mark Cohen to represent him, a Bankman-Fried spokesma...
Crypto Market is Set To Go Parabolic – Predicts Raoul Pal
The shaky macroeconomic environment of 2022, which included rising inflation, made central banks hike interest rates, which in turn exacerbated the bear market in cryptocurrencies. Raoul Pal, a former...
Why SOFI Stock Fell Over 4%? Is There a Road to Recovery?
The US Supreme Court recently agreed to hear the Biden Administration’s plan concerning the student loan forgiveness program. This can significantly affect companies like SoFi Technologies (NASDAQ: SO...
SushiSwap Head Chef Proposes Upping Treasury’s xSUSHI Revenue
Head Chef Jared Grey has proposed that the 100% of xSUSHI revenue be allocated to the treasury wallet for the next 12 months. Head Chef Calls For Immediate Remedy The decentralized exchange is discus...
Jim Cramer’s Investing Club meeting Wednesday: China, Danaher, Apple
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Buy and hold EL Possible...
Chainlink’s Staking v0.1 launch could have this impact on the future of LINK
Chainlink became quite popular among the whales Chainlink’s much awaited staking v0.1 Early Access went live on Ethereum mainnet Chainlink [LINK] recently gained quite some attention from the whales,...
Here are 3 ways Gen Z workers can start saving now for retirement
Luis Alvarez | Digitalvision | Getty Images If you’re just out of college, you may be wondering when the right time is to get started with a retirement savings plan. The answer is now, experts s...
Binance’s Bitcoin Reserves Are 101% Backed, Confirms Auditor
An independent global auditor has confirmed that all Bitcoin circulating on Binance – the world’s largest crypto exchange – is fully accounted for. The audit allows any user of the exchange to confirm...
Carvana shares tank as bankruptcy concerns grow for used car retailer
Ernest Garcia III, CEO of Carvana, speaks to CNBC on the floor of the New York Stock Exchange, March 7, 2019. Brendan McDermid | Reuters Shares of Carvana plummeted by more than 40% in Wednesday morni...
JPMorgan CEO calls crypto tokens ‘pet rocks’
JPMorgan & Chase Co. CEO Jamie Dimon called crypto “a complete sideshow” and likened the digital asset tokens to “pet rocks.” The comments came during a CNBC interview in which he also disparaged ...