Peloton told employees Friday that it is slashing roughly 780 jobs, closing a significant number of its retail stores and hiking the prices on some of its equipment in a bid to cut costs and become pr...
Tag: Closing
Portuguese Banks Closing Crypto Exchange Accounts
The move of financial institutions in Portugal could drastically harm the crypto ecosystem in the region. Portugal is known to be one among the most favorable locations for crypto to evolve. However, ...
Banks in Portugal are Closing Accounts of Cryptocurrency Exchanges – Coinpedia – Fintech & Cryptocurreny News Media
In Portugal, a crypto-friendly country, some of the top banks have closed accounts of cryptocurrency exchanges operating within the country. Last week, the account of a Lisbon-based crypto trading pl...
Europe’s Rhine River Is on the Brink of Effectively Closing
(Bloomberg) — Water levels on the Rhine River are set to fall perilously close to the point at which it would effectively close, putting the trade of huge quantities of goods at risk as the cont...
Battle Infinity Presale is rapidly closing its Presale target – about to reach 50%
The Battle Infinity presale has been a hit. The blockchain gaming platform is rapidly closing in on its presales target. The Gaming Crypto that’s here to change the ecosystem Gaming has always been o...
Ford doubles down on EVs by closing deal on 3 new battery plants
In May of 2021, Ford Motor Company (NYSE: F) signed a memorandum of understanding (MoU) with Korea’s SK Innovation to create a joint venture for building and operating battery facilities. On July 14, ...
The A-to-Z of Celsius filing for bankruptcy after closing off all debts
Crypto lending platform Celsius has created many headlines across the crypto space over the past two months. In the latest development, Celsius closed off the last of its DeFi debts that it owed Compo...
Web3 Startup Mysten Labs Seeks $200m in Series B Financing, Closing Valuation at $2B
Mysten Labs, a crypto startup founded by former Meta executives, is closing a Series B round that could value the company at $2 billion The financing process is still in intense discussions, and Myste...
USDC closing in on Tether
USDC’s market capitalization is getting closer to that of USDT (Tether). USDC and Tether are getting ever closer Circle’s stablecoin is increasingly becoming a dangerous rival to USDT In fact, USDT h...
Crypto Weekly Roundup: Grayscale Sues SEC, BIS Softens Stance, Lazarus Behind Horizon Hack, Roger Ver Named In CoinFLEX Issues, FTX Closing On BlockFi, And More
The Horizon Bridge hack continues to be one of the leading news in the market right now. Blockchain analytics firm Elliptic has named the infamous North Korean hacker group Lazarus as the mastermind b...
FTX US Closing In on $240,000,000 Deal To Buy Crypto Lending Platform BlockFi
FTX US is close to acquiring US-based lending platform BlockFi in a deal worth hundreds of millions of dollars. According to BlockFi CEO Zac Prince, pending shareholder approval, the lending platform ...
Hong Kong-Based Crypto Firm Suspends Withdrawals Less Than a Month After Closing $80,000,000 Funding Round
A Hong Kong-based crypto financial service provider is freezing withdrawals within weeks of closing a multi-million-dollar funding round. Babel Finance, which primarily works with institutional invest...
Union claims Starbucks illegally closing cafe to retaliate, Bloomberg reports
A pro-union poster is seen on a lamp pole outside Starbucks’ Broadway and Denny location in Seattle’s Seattle’s Capitol Hill neighborhood on March 22, 2022. Toby Scott | Sopa Images ...
BIT Mining completes first closing in Bee Computing acquisition
Chinese crypto mining company BIT Mining announced the first closing of its acquisition of Bee Computing, a manufacturer of mining hardware. The Company issued 16,038,930 of its Class A ordinary share...
Cardano Price After an Extended Bearish Trend Flashes Possibility of Closing May’s Trade Above $0.7
Cardano price underwent a strong descending trend after being rejected from the crucial resistance zone between $0.9 and $0.95. Yet the asset tested the lowest levels a couple of times before it made ...
Tron’s [TRX] possible price recovery and how its closing in on BSC in terms of TVL
There is no gainsaying in denying the fact that this has not been a really good year for Decentralised Finance protocols (DeFi). Rug pulls, scams, hacks, exploits and failures of some of these protoco...
Avalanche Price Analysis: AVAX lost more than 10%, Closing Blood Red Candles what about this bleeding?
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Starbucks will exit Russia after 15 years, closing 130 licensed cafes
After 15 years operating in Russia, Starbucks will exit the market, joining companies like McDonald’s, Exxon Mobil and British American Tobacco in withdrawing from the country completely. The co...
Why The Gender Gap Is Closing
Previous studies about Bitcoin acceptance claim a significant gender gap problem, but a new research by Spiral sheds light on a shifting reality that might turn into a more hopeful future for equal fi...
‘Closing Time’ For Gazprom’s Eurozone Cash Flows
The U.S. national flag and Poland’s national flag fly as liquefied natural gas (LNG) tanker Oak … [+] Spirit, operated by Teekay Corp., sits docked with Poland’s first import of U.S....
Polkadot-Based DEX, Polkadex Is Closing In On A Parachain Slot In The Upcoming Auction
Polkadex, a decentralized order book built on Substrate, is gunning to be the latest project to secure a Polkadot parachain slot, as the 16th slot auction launches today, April 29, 2022. The auction, ...
Crypto and BTC enthusiast Elon Musk close to closing Twitter deal
Twitter Board is truly considering Musk’s Twitter buyout for $43 billion. The Twitter board has led a new round of chats on Monday with Musk to arrange the provisions of the deal The Twitter board is ...
Thorchain price analysis: If RUNE sees a bearish closing this week, does that mean it is headed downwards?
The Thorchain token is trading near a critical supply area during the retracement phase. The RUNE token is trading below the 20-day EMA and the rest of the EMAs such as the 50,100 and 200 EMAs are bel...
Where Bitcoin and S&P 500 remain at the closing of the first quarter of 2022?
Several analytics and data followed bitcoin and S&P 500 for the whole time and came up with the observation for Q1 of this year. General notion regarding the markets, including the share/stock ma...
Cardano price analysis: ADA targets $1.26 uptrend after closing dismal week at $1.06
TL;DR Breakdown Cardano price analysis shows price rose more than 2 percent over last 24 hours ADA could move as high as $1.60 after a dismal week that took price as low as $1.01 25 percent upswing to...
BTC Hints Weekly Closing Below $45000
The recent fallout from the $45000 resistance may have trapped the aggressive buyers who bought the breakout trade. The Bitcoin(BTC) price currently trades at the $42645 mark and teases a weekly candl...
EU Bans High Value Crypto Services to Russia Aimed at Closing Sanctions Loopholes
The European Union is taking further steps to sanction Russia following the invasion of Ukraine. Announced today, the EU has introduced a prohibition on “providing high-value crypto-asset servic...
Bitcoin Still On Track Despite Closing March With $46,517
PlanB, a renowned yet anonymous Dutch Bitcoin analyst, is optimistic about the performance of Bitcoin despite a recent 5.2% dip. Bitcoin has been trending up in recent weeks and has seen an increase o...
MicroStrategy subsidiary will purchase Bitcoin after closing $205M crypto-collateralized loan
MacroStrategy, a subsidiary of business intelligence firm MicroStrategy, said it will purchase Bitcoin after obtaining a multimillion dollar loan from Silvergate Bank. In a Tuesday announcement, Micro...
Italian Bank Fined $144M for Wrongfully Closing Crypto Miner’s Account
Italy’s second-largest bank, UniCredit, has been ordered to pay $144 million for the wrongful closure of crypto miner’s accounts. The bank is appealing the decision. Italy’s second-largest bank, UniCr...
UniCredit Fined $144 Million for Illegally Closing Crypto Mining Firm’s Accounts
Italian banking giant UniCredit has been asked to pay a fine of about $144 million for allegedly closing accounts belonging to a cryptocurrency mining company. UniCredit in Hot Water A district court ...
Trend Up but AUD/USD Ripe for Closing Price Reversal Top
The Australian Dollar finished slightly better on Friday after giving up most of its earlier gains. Nonetheless, the currency had banked enough gains throughout the week to post its second straight po...