Venom Foundation has announced the creation of Venom Ventures Fund, a next-generation venture capital incubator that will invest in Web3 and related blockchain projects and help them reach their full ...
Tag: Companies
Netflix, Goldman Sachs, United Airlines, Morgan Stanley, and More Stocks for Investors to Watch This Week
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Bitcoin mining difficulty jumps 10%, its biggest move since October
Bitcoin’s mining difficulty metric has risen just over 10%. The mining difficulty — which determines how hard it is to create the next block of transactions — reset just after 4 p.m. ET, f...
where will Bitcoin’s price head next?
We’re two weeks into 2023, and the crypto news cycle shows no signs of slowing down. Heading into the new week, some of the month’s major headlines continue to develop. There’s...
Martin Marietta Stock Can Thrive in Both Inflation and Deflation
Despite a solid start to 2023, the stock market could still get rocky. That’s where sand and gravel supplier Martin Marietta Materials comes in. Martin Marietta (ticker: MLM) is a producer of aggregat...
Samsung Knocks Longtime Patent Leader IBM Off Its Perch
In a year when the U.S. issued the smallest number of patents since 2018, Korean electronics giant Samsung Electronics nosed past IBM with the most new patents, the first time in 29 years that IBM fai...
Citigroup, Target, Lennar, and 2 More Companies Keeping Their Dividends Steady
PPL, a utility based in Allentown, Pa., said this week that it plans to raise its next quarterly dividend by 7%. It was an otherwise light stretch for such announcements among large U.S. companies. PP...
Crypto companies accused by SEC of offering unregistered securities
Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency lenders Genesis Global Capital and Gemini Trust were accused of selling unregistered securities through a sche...
For All His Criticisms of Disney, Peltz and Iger Probably Agree: Streaming Has to Be Fixed
“Great news: Nelson Peltz made a slide deck about me,” said no CEO ever. But maybe Walt Disney Bob Iger had mixed feelings about the 35-pager that dropped this past week. One one hand, it says that he...
The storm has passed, but bitcoin mining difficulty is about to blow through the roof
Bitcoin miners are bracing for a massive jump in difficulty this weekend. The increase could land somewhere around 10%, according to estimates from BTC.com, Bitrawr, Luxor and Braiins. Numbers c...
Ex-president of FTX US says SBF relationship reached ‘total deterioration’
Brett Harrison, former president of FTX US, shared his experience at the company and working with Sam Bankman-Fried — and ultimately why he left his so-called “dream job.” In a 49-pa...
Alameda lost $1 million in liquidations: report
Troubled crypto trading firm Alameda Research lost over $1 million in assets from liquidation last night, according to a report from the crypto intelligence firm Arkham. The account initially he...
DMCC Crypto Centre Surpasses 500 member companies in 2022 – Emerging Markets Bitcoin News
The presence of over 500 blockchain and Web3 firms inside the Dubai Multi Commodities Centre (DMCC)’s Crypto Centre shows that demand for space is still very high, a statement has said. According to C...
Exxon Mobil Stock Should Shine, Even in a Recession
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
The Block: Bitcoin mining report: Jan. 13
Bitcoin mining stocks tracked by The Block were mostly higher on Friday, with 13 gaining and the other 5 declining. Bitcoin rose 5.2% to $19,827 by market close. Here is a look at how the ...
Bitcoin steady above $19,000 at the US close as traditional markets rise
Bitcoin was up o.6% at the close of U.S. markets, trading around $19,460 while traditional markets reversed earlier losses to close higher. The biggest cryptocurrency is up almost 16% over the ...
Digital asset-focused funds dominate top 14 equity ETFs: Bloomberg
Digital asset-focused trading funds comprised the top 14 equity exchange traded funds (ETFs) in 2023 (excluding leveraged funds), according to data compiled by Bloomberg. Some of the top perfor...
Scaramucci changes tone on FTX, says it’s clear there was fraud now
Anthony Scaramucci has done a 180 on FTX. “It’s very clear now that there was fraud,” the SkyBridge Capital founder told CNBC. “We’ll, of course, have to let the le...
Ignoring digital assets would be like sticking with paper over computers, BNY Mellon CEO says
BNY Mellon is committed to continue exploring the digital asset space, albeit cautiously. CEO Robin Vince said on an earnings call today that digital assets are the bank’s “longest-t...
Gemini, Winklevoss twins hit with new lawsuit seeking class-action status
Crypto exchange Gemini and its co-founders, Tyler and Cameron Winklevoss, were hit with a lawsuit that’s seeking class-action status. The main plaintiff, Joshua Berdugo, invested $13,000 i...
Crypto execs agree lending needs to mature, outgrow its cliquish nature to thrive
Crypto lending needs to diversify if it hopes to thrive, according to panelists speaking at the CFC Conference in St Moritz. The bull cycle of 2021 marked a period of wild exuberance that sent t...
Celsius sells bitcoin mining machines for $1.3 million
The bitcoin mining arm of bankrupt crypto lender Celsius is selling machines worth $1.3 million. The firm is letting go of nearly 2,700 “new-in-box” MicroBT M30S units, according to ...
Bitfarms seeks to avoid BlockFi loan default with renegotiation
Bitfarms is seeking to modify a loan with BlockFi to avoid default as the value of equipment plummets. Last year, Bitfarms’ Backbone Mining Solutions entered into a $32 million equipment financi...
Nexo sees withdrawals of $158 million in day after Bulgaria raid
Crypto lender Nexo has seen withdrawals worth more than $158 million in the last 24 hours after Bulgarian authorities raided its offices. Nexo had 133,263 BTC (around $2.5 billion) in customer l...
Cathie Wood’s Ark Invest adds another $2.5 million in Coinbase shares
Cathie Wood’s Ark Invest loaded up on more Coinbase shares Thursday, continuing this week’s spending spree as the stock rallies. Ark added 52,813 Coinbase shares to its Ark Innovati...
Bed Bath & Beyond Ponders Bankruptcy, Exciting the Meme Crowd
What were shareholders thinking? Shares of retailer Bed Bath & Beyond zoomed 179%, to $3.49 this past week, despite the retailer warning of a possible bankruptcy. One explanation: Meme stock mania...