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Tag: Downturn
FedEx CEO Warns of Upcoming Global Economic Downturn
FedEx’s performance in the first quarter fell short of expectations. Jamie Dimon, CEO of JPMorgan expressed similar concerns a few weeks back. FedEx CEO Raj Subramaniam predicted a worldwide economic ...
Robert Kiyosaki Has Advised Investors To Invest In Cryptocurrency Before The Next Economic Downturn
According to the legendary author, Robert Kiyosaki, the best time to get rich is during a currency crash. Kiyosaki, the author of the most popular book “Rich Dad Poor Dad”, has alerted the investors o...
Are Bitcoin short-term holders responsible for current market downturn
Bitcoin’s [BTC] decline to the $18,500 price region marked the second-lowest low of the bear cycle. As per Glassnode‘s latest report, 11.8% of the coin’s supply has been turned into an unrealized loss...
Billionaire Kwek Leng Beng’s CDL Replenishes Landbank As Singapore Defies Global Property Downturn
View of city skyline w. skyscrapers. Serge Attal/Getty Images City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng—has submitted the highest bid for a residential site in the western ...
Amber Group Minimized 5-10% of its Staff After Downturn Effects
Amber Group increased its Workforce in 2021 by 200 to 300. Amber Group to reduce 5-10 percent of Workforce after crypto winter. Amber Group is hiring 18 new employees in several locations globally. ...
Uniglo (GLO) Makes Massive 35% Move up Despite Economic Downturn with Bitcoin (BTC) and Ethereum (ETH) Losing Ground
The shaky status of macroeconomic conditions has been evident in the cryptocurrency market. The prices of the two leading cryptos, Bitcoin (BTC) and Ethereum (ETH) continue to fluctuate, predominantly...
Fireblocks Sees Over $100M in ARR for 2022 despite Market Downturn
Fireblocks’ revenue report suggests that investors and institutions may not be dabbling into crypto as a quick money venture anymore. In what is a rare feat among software-as-a-service (SaaS) provider...
Despite The Market Downturn, LBank Exchange Stands With The Crypto Community
Advertisement     The 12th most valuable Bitcoin trading platform, LBank, a leading cryptocurrency exchange, is at the forefront of the burgeoning cryptocurrency educa...
Big Eyes Coin Aiming For 10X Profit While The Sandbox And Axie Infinity Stagger In The Current Economic Downturn!
It is already known that the crypto market is highly competitive and volatile. Nevertheless, the crypto market has continued to grow exponentially and witnessed the release of several other emerging ...
A P2E Crypto Is Gaining Support Despite the Crypto Market Facing a Major Downturn
Join Our Telegram channel to stay up to date on breaking news coverage The crypto market is bleeding. Bitcoin only rises above $20k levels for a few minutes, then dips before bouncing. However, the sa...
Crypto Market Downturn; Bolt Drops $1.5 Bln Deal
Bolt Financial Inc, a US based checkout firm on Friday announced that it has dropped the $1.5 billion accusation deal with Wyre Payment Inc. This big statement has come amid the crypto market downturn...
Cardano (ADA) Founder Praises Crypto Communities Behavior in Ongoing Market Downturn
– Advertisement – Hoskinson says crypto communities have a long-term mindset. Cardano founder Charles Hoskinson has commended investors for their loyalty and long-term mindset toward cry...
Polygon to Hire 200 New Workers despite Market Downturn: Bloomberg
With the crypto winter spelling the downfall of many cryptocurrency giants like Celsius Network, Three Arrows Capital (3AC), and Voyager Digital, outfits like Polygon are exploring avenues to take adv...
DeFi Projects Request Retroactive Funding Amid Downturn
Several of the largest decentralized finance (DeFi) projects, though surviving the crypto winter, have been forced to solicit funds from their own decentralized autonomous organizations. Aave actions...
Polygon will continue hiring despite market downturn: Bloomberg
Ethereum scaling solution Polygon plans to continue hiring despite the bear market and choppy macro conditions, it said this week. This will include plans to increase its overall headcount by over 40...
Why businesses are still furiously hiring, even as a downturn looms
Should companies be hiring or firing? Demand for workers has roared back over the past two years. But labour supply has not kept pace, and shortages are pervasive. That means many firms need to hire. ...
Thai SEC Toughens Crypto Ad Regulations Amid Broader Market Downturn Crypto Ads Should Show Clear and Visible Warnings about Investment Risks: SEC
The Securities and Exchange Commission of Thailand (SEC Thailand) has asked cryptocurrency companies operating in the country to include clear and visible warnings about the risks associated with virt...
Deloitte: 50% of CFOs expect a downturn to hit the US Economy this year.
A survey was organized from August 1 to 15 by 112 CFOs The CFOs were from the U.S., Canada and Mexico Deloitte, one of the Big Four accounting companies, issued the outcomes of its CFO Signals Survey ...
Global Trust in Crypto Remains Unshakable Despite Latest Market Downturn, According to New Survey
A new survey is suggesting that investors worldwide are hanging on to their belief in crypto assets despite this year’s sharp market downturn. According to Bitstamp’s most recent Crypto Pulse survey, ...
Economic downturn is an opportunity to grab market share
Signet Jewelers can continue to expand its market share even as the U.S. economy slows and inflation weighs on consumers, CEO Gina Drosos told CNBC on Thursday. The comments in a “Mad Money̶...
Solana price analysis: SOL takes a downturn to the $30 range. Is a break lower ahead?
The Solana price analysis is bearish as it shows the cryptocurrency has been devalued to the $30.5 limit as the bearish momentum has been revived. The price function is headed down again, and the red ...
September Could Be Even Worse for Stocks. How to Survive the Downturn.
Text size Traders are hoping the Friday jobs report will be cooler than expected, which would ease the pressure on the Fed to push rates up so quickly. NYSE The stock market could have a tempestuous S...
Pantera Capital COO Samir Shah Leaves Firm In Crypto Downturn
There are speculations that Pantera Capital Chief Operating Officer (COO) Samir Shah has left the cryptocurrency-focused investment company just after two months. Samir Shah’s LinkedIn Profile is prim...
Despite market downturn, US sees 44% increase in retail crypto investors
The crypto winter has not dampened the interest and trust of Americans in the cryptocurrency sector, according to a Crypto Pulse survey of 28,000 institutional and retail investors across 23 countries...
BofA downgrades three homebuilders as housing downturn accelerates
Analysts from Bank of America cutting their rating on shares of three homebuilders in a note out Thursday as the housing market faces an economic slowdown. Rafe Jadrosich at Bank of America Global Res...
Latest downturn the latest warning for those trying to time Bitcoin’s bottom
Just ten days ago, Bitcoin was creeping towards the psychologically important $25,000 level. Today, it’s back to $21,300. It reads as a cautionary tale for investors who were beginning to allow just...
DBS Bank Records Surge in Bitcoin Trading Amid Market Downturn – crypto.news
Singapore financial services giant DBS Bank witnessed a four-fold increase in bitcoin purchases on its digital exchange platform in June 2022, amid the cryptocurrency market-wide selloff. Institution...
Opinion: Nvidia has faced this type of downturn before, and seems to have a specific goal in mind this time
Nvidia Corp. has been through this type of downturn before, and this time executives are taking more aggressive tactics to overcome it. Nvidia NVDA, +0.24% executives warned Wall Street on Wednesday t...
BingX Increases Global Workforce Despite Market Downturn
The world’s leading social trading exchange BingX has announced it is actively hiring roles for its company across. More than 200 positions are to be filled globally. Amid market downturns, BingX has ...
Chip stocks could plunge another 25% as ‘we are entering the worst semiconductor downturn in a decade,’ analyst says
After a rough few months for semiconductor stocks, one Wall Street analyst expects the pain to continue and predicted Tuesday that “we are entering the worst semiconductor downturn in a decade.” In a ...