Sam Altman’s OpenAI has released GPT-4, an upgrade of its third-generation artificial intelligence engine that will affect the entire crypto industry. The prior version, GPT-3, underpinned the viral h...
Tag: Braces
Dogecoin, Shiba Inu bleed as market braces itself for FTX-like scenario
Both DOGE and SHIB registered double-digit losses in the last seven days. The number of whale transactions increased sharply, implying a sell-off. Prominent meme coins like Dogecoin [DOGE] and Shiba I...
Crypto industry braces for impact with Silvergate exit
Silvergate is not a systematic risk for the United States banking system, but it could have a significant impact on the crypto markets, multiple sources told Cointelegraph. These may include increasin...
DAX index braces for a new normal as bond yields surge
European indices pulled back from their record highs after the rude shock by Jerome Powell, the Federal Reserve Chair. In Germany, the DAX index (DAX) pulled back to €15,565, which was a few points be...
MakerDAO: Whales extend solidarity as MKR braces for key battle on this front
The MKR supply held by top addresses increased over the past week. DAI’s borrowing volume failed to show appreciable growth in the past few months. According to data from Santiment, MakerDAO [MK...
Dogecoin (DOGE) Price Braces For High Volatility Ahead: Is The End Near?
Dogecoin (DOGE) price has been consolidating in a wedge formation since November last year, indicating that the market is in a neutral state. While the 50 and the 200 moving averages (MA) on the daily...
NZD/USD braces for a crash to 0.6100 after RBNZ rate hike
The NZD/USD exchange rate moved sideways on Wednesday morning after the first RBNZ meeting of the year. Kiwi was trading at 62 cents against the US dollar, a few points above last week’s low of 0.6193...
IAG share price braces for turbulence ahead of Q3 earnings
IAG (LON: IAG) share price will be in the spotlight this week as the FTSE 100 constituent is scheduled to publish its quarterly and annual results. The stock has made a strong recovery phase having ju...
Euro Area Braces for Era of Central-Bank Losses After QE Binge
(Bloomberg) — The euro area’s central banks will disclose their first significant losses from a decade of money printing in the coming weeks, heralding a new era of scrutiny and the prospect of ...
Housing market once again braces for higher mortgage rates—where 8 experts see rates going this year
Builders and real estate agents alike are celebrating signs of life in the U.S. housing market. That’ll happen when a mild home price correction coupled with mortgage rates falling from 7.37% in...
Wall Street Braces for Intel to Cut Its Record Dividend
(Bloomberg) — Intel Corp.’s cratering stock has made its dividend yield the highest among large technology companies. With capital spending demands surging and the business bleeding cash, specul...
South African rand braces for more weakness
The USD/ZAR exchange rate continued its bullish run after the US published stronger-than-expected consumer inflation numbers on Tuesday. It drifted to a high of 18.00, which was the highest point sinc...
Standard Chartered share price braces for important news
Standard Chartered (LON: STAN) share price has been in the spotlight in 2023 amid rising hopes that the British bank will be acquired. The stock jumped to a high of 798p in January, the highest point ...
America’s Oldest Cheese Store Set To Close While New York Retail Braces
Tony Danza at Alleva Dairy during the San Gennaro Feast held in Little Italy, New York City. (Photo … [+] by Paul Zimmerman/Getty Images) Getty Images It may have survived two World Wars, 9/11 a...
Ticketmaster braces for high demand
Beyoncé performing. Larry Busacca | PW18 | Getty Images Ticketmaster is gearing up for what’s expected to be high demand for tickets to Beyoncé’s upcoming “Renaissance World Tour,...
Polygon (MATIC) Braces for New Hard Fork Designed To Boost Performance and Scalability
Blockchain scaling solution Polygon (MATIC) is gearing up for a new hard fork that aims to boost the chain’s performance and make it more efficient. In a new blog post, the Polygon team says that whil...
Crypto Industry Braces For Massive Selling As FTX To Dump $4.6 Bn Worth Of Altcoins
The crypto industry is bracing for increased selling pressure as FTX, a digital asset exchange, announced its plans to liquidate billions of dollars worth of assets to repay customers. During a House ...
Bitcoin Network Braces for Notable Difficulty Increase in 3 Days – Bitcoin News
Bitcoin’s mining difficulty, the measure of how difficult it is to find a new block and add it to the blockchain, is set to increase significantly on Jan. 15, 2023, according to current estimates. At ...
Taiwan Semiconductor Braces for Downturn Despite Record Profit
Taiwan Semiconductor Manufacturing has reported a record net profit and beat analysts’ expectations for its fourth quarter but warned of waning demand in 2023. Taiwan Semiconductor (ticker: TSM), the...
EU financial regulator braces up for tokenized securities pilot
The European Union’s financial regulators are laying out guidelines preparing market participants on how to operate in a tokenized securities sandbox. The EU will launch a pilot for market actors to e...
Stock Market Braces For ‘Volatile’ Trading In Coming Weeks—Here’s How Much The S&P Could Tank
Topline As concerns over a looming recession push stocks to five-week lows, a growing rash of experts warn the volatility should only continue in the coming weeks, as uncertainty grows over the holida...
Crypto market braces for inflation data
Interest rate hikes are anticipated to slow as central banks continue to war against the inflationary threat. In response, the crypto market could remain volatile with other risky assets. Reports unde...
Swyftx cuts 40% of staff as it braces against ‘worst-case scenario’
Australian-based crypto exchange Swyftx has laid off a total of 90 staff members, which it said was in preparation for a “worst-case scenario” caused by the fallout of FTX and a potential fall in glob...
Housing Market Braces For Rising Layoffs ‘Soon’ As Mortgage Lenders, Home Sellers Cut Thousands Of Jobs
Topline Though the labor market’s overall resilience continues to puzzle experts, the plight of rising interest rates, which are spurring a historic plunge in home sales, could soon lead to a ra...
Tech Firms Cut Thousands Of Jobs As Labor Market Braces For Economic Downturn
Topline Despite strong jobs data earlier in the week, employers in October announced the most job cuts in a single month since February 2021 as a growing number of executives anticipate an economic do...
EOS/USD Braces Up as Price Touches $1.09
Join Our Telegram channel to stay up to date on breaking news coverage The EOS price prediction shows that EOS trades above $1.00 as the recovery may be extended towards the resistance created by $1.2...
Bitcoin Braces for Deeper Bear Market as Fed Eyeing Another Big Rate Hike
The US Federal Reserve is considering a higher-than-expected interest rate hike next month as inflation persists, according to the New York Times. “Federal Reserve officials have coalesced aroun...
Chip Industry Braces for ‘Heavy Blow’ From China Export Curbs
(Bloomberg) — The Biden administration’s new restrictions on doing business with China are sending shock waves through the global semiconductor industry, with chip-equipment makers girding for p...
Commodities Billionaire Kumar Birla Bets On Growth, Braces For Competition
This story appears in the October 2022 issue of Forbes Asia. Subscribe to Forbes Asia Kumar Birla Dhiraj Singh/Bloomberg This story is part of Forbes’ coverage of India’s Richest 2022. See the full li...
Sharp Decline in Retail Investments As Bitcoin Braces For Tough Times ⋆ ZyCrypto
Advertisement     Bitcoin has been experiencing a sharp decline in retail investments for 426 days since last year’s great miner migration out of China. According to a...
Micron Braces for Massive Plunge in Demand by Slowing Production
(Bloomberg) — Micron Technology Inc., the largest US maker of memory chips, is slashing production to cope with a steep plunge in demand, the latest sign of how the semiconductor industry’s boom...