A widely-follower crypto analyst says Bitcoin (BTC) could test the $24,000 range before moving up. Crypto trader Michaël van de Poppe tells his 598,300 Twitter followers that BTC must break $29,600 to...
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BiFarms Network Announced the Launch of the Decentralized Multichain Yield Optimizer Platform and Tier-less Launchpad Ecosystem
BiFARMS has announced the launch of the all in one decentralized finance yield optimizer platform that’s focused on providing high yields on crypto assets. BiFARMS aims to simplify this process by cre...
How Safety Concerns At An Abbott Facility Fueled A Crisis
Topline When Abbott Laboratories, one of the largest manufacturers of baby formula in the U.S., closed a facility in Michigan in February after the Food and Drug Administration announced it was invest...
Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’
The Terra rescue story continues to unravel. In a tweet thread, the Terra Money Twitter account went into greater detail regarding the CEO of Terraform Labs, Do Kwon’s, rescue plan for UST. The thread...
US stocks close lower amid investor anxiety over higher rates
Thursday saw US stocks close lower again as losses mounted across the markets. With CPI data showing inflation at 8.3% in April year-over-year, and near the 40-year high of 8.5% registered in March, i...
Bill Miller Sold Some of His Bitcoin to Meet Margin Calls
“The short answer is ‘no,'” said the billionaire investor when asked if he had sold any of his bitcoin. Expanding on that answer, Miller – sporting a baseball cap with a gold bitcoin...
Approaching Retirement? T. Rowe Price Says You Need This Much Saved Based on Your Income
SmartAsset: Approaching Retirement? T. Rowe Price Says You Need This Much Saved Based on Your Income Retirement is a big milestone for many, and planning for retirement can constitute a large financia...
BTC, ETH and XRP Price Analysis for May 11
The decline of the cryptocurrency market has continued today; however, there are some exceptions. Mainly, Bitcoin (BTC) is the only rising coin in the top 10 list. Top coins by CoinMarketCap BTC/USD W...
Bitcoin remains oversold as per enthusiast Plan B
Bitcoin (BTC) has never been at $30,000 with such an astonishing RSI Prestigious Bitcoin (BTC) scientist and examiner PlanB is sure that Bitcoin (BTC) is oversold at the present time The creator of th...
Treasury Secretary Janet Yellen to Discuss Stablecoin Today Amid TerraUSD (UST) Crash
– Advertisement – Janet Yellen, the United States Treasury Secretary, is scheduled to testify later today before the U.S. House Committee on Financial Services. According to people famili...
Terra Temporarily Halts Blockchain As LUNA Hyperinflates and Implodes 99% in One Day
Terra temporarily halted its blockchain as its native asset LUNA suffered through extreme hyperinflation and price collapse. The embattled algorithmic stablecoin protocol halted the blockchain on Thur...
Bitcoin (BTC) Price Eyeing Bullish Move Following Wyckoff Cycle
4 hours ago | 2 mins read Bitcoin News The cycle contains four main stages: accumulation, markup, distribution, and markdown. Although another warning indication for BTC is that the price is still bel...
‘Doctor Strange 2’ Shows Why Disney Can’t Abandon The Multiplex
(L-R): Xochitl Gomez as America Chavez, Benedict Wong as Wong, and Benedict Cumberbatch as Dr. Stephen Strange in Marvel Studios’ DOCTOR STRANGE IN THE MULTIVERSE OF MADNESS. Photo courtesy of M...
Tether claims they were ready for this bank run
Tether CTO, Paolo Ardoino, told us last month that Tether was prepared for a bank run. Ardoino and the Tether team have run models to simulate a 2008-style financial crisis and believe that it will co...
“Gigantic” Impact From China Lockdowns To Hit Auto Industry Globally: Automobility’s Bill Russo
Tesla CEO Elon Musk gestures during the Tesla China-made Model 3 Delivery Ceremony in 2020, … [+] underscoring the country’s importance to the U.S. automaker. (Photo by STR / AFP) / China ...
Global Crypto Regulation Is Coming According to Top Official
Share this article Ashley Alder, Chair of the International Organization of Securities Commissions, has predicted increased oversight of cryptocurrencies from global market regulators, with the launch...
Expert opinion: ‘Google is just outrageously cheap right now’
Apple, Microsoft, and Google – all three still have fundamentals in good shape despite a challenging operating environment. But the one that particularly pops out to Mike Bailey, is Alphabet Inc...
Terraform Labs Launches 3 Emergency Actions to Save LUNA, UST Stablecoin
On Thursday, Terraform Labs, the team behind the Terra ecosystem, outlined three emergency measures aimed at saving LUNA and its native stablecoin UST from collapse. The three measures include burning...
XP Inc to Launch a Crypto Trading Platform Jointly with Nasdaq
On Thursday, XP Inc., Brazil’s largest brokerage and trading platform, announced the official creation of XTAGE, a new cryptocurrency trading platform in collaboration with Nasdaq. According to the pr...
Chile Postpones CBDC Launch Citing Need for More Analysis of Benefits
The Central Bank of Chile will delay issuing its central bank digital currency (CBDC), the digital peso, pending further research. Last Sept, the bank gave the green light to develop a centralized dig...
GM and Ford Get Double Downgrades to Sell. Wells Fargo Sours on EVs.
Text size Ford F-150 Lightning electric truck Courtesy of Ford The auto industry is all-in on electric vehicles. Wells Fargo isn’t so sure that’s a great idea. Wednesday evening, analyst Colin Langan ...
The Terra Blockchain Halts Network Activity After LUNA Crashes
Since the start of this week, the cryptocurrency market has undergone a severe bearish spell. Several tokens have shed a major portion of their value. The likes of Bitcoin and Ethereum lost their supp...
Terra’s Rescue Plan: $1.4B UST Set To Burn, While 240 million LUNA Being Staked – Coinpedia – Fintech & Cryptocurreny News Media
Do Kwon’s first rescue plan included enlarging the base pool, burning UST, and staking LUNA, according to the Terra’s Twitter account. Terra feels that the downward pressure on UST’s peg is diluting L...
Shiba Inu trade spikes with whales entering the market
Shiba Inu has seen an increment of around 68% in huge exchanges as of now Huge exchange spikes are normally connected with expanded action by institutional players, or whales They are either trading o...
Symbiosis integrates 1inch to enable the best price discovery for cross-chain swaps
The multi-chain liquidity protocol Symbiosis has integrated the 1inch DEX aggregator to facilitate arbitrary asset swaps between EVM-compatible networks. The Symbiosis protocol manages stablecoin liqu...
Powell says he can’t guarantee a ‘soft landing’ as the Fed looks to control inflation
US Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, DC, on May 4, 2022. Jim Watson | AFP | Getty Images Federal Reserve Chairman Jerome Powell warned Thursday that...
Bitcoin Breaks Down to Dec-20 Lows, Here are The Critical Levels to Watch (BTC Price Analysis)
Bitcoin’s price has been dropping almost vertically over the past couple of days, as it was rejected from the 100-day and 50-day moving averages on multiple occasions. Technical Analysis By: Edris The...
Ethereum: What’s the reason behind ETH facing the brunt of this recent crash
Ethereum has dropped to its lowest point since July 2021 in the aftermath of the latest crypto crash. Standing at $1750 at press time, Ethereum has plunged severely recently suffering a near 25% dip i...
Is it safe to hop back into the Netflix stock now?
Now is a suitable time to hop back into Netflix Inc (NASDAQ: NFLX), says the Executive Chairman of Engine Media Inc. The stock is now down close to 75% versus the start of the year 2022. Highlights fr...
Microstrategy In Red: Paper Loss Amounts To $330 Million
As a result of the recent cryptocurrency market fall, Michael Saylor’s company, MicroStrategy, now has an unrealized loss on its bitcoin assets. With approximately 130,000 BTC, the company is the larg...