After a record-breaking 2021, the ongoing volatility in the larger cryptocurrency market has given many investors and experimenters time to think. It may be time to look beyond the frequently mentione...
Tag: Exodus
Bitcoin [BTC]: These factors might initiate a reverse exodus for struggling miners
Bitcoin’s mining industry has taken a severe hit in 2022. Given factors such as massive price corrections, inflation, etc., many miners have even exited the Bitcoin network. Why? Well, mainly to make ...
Japan Crypto Advocates Propose Tax Cuts to Stem Talent Exodus
Japanese cryptocurrency advocacy groups will petition the government to relax corporate tax regulations, allowing the growth of the country’s digital asset industry. According to Bloomberg, the Virtua...
Scaramucci’s SkyBridge Faces Massive Investor Exodus From Flagship Fund Amid Market Downturn
Anthony Scaramucci’s investment firm, SkyBridge Capital, is currently facing an exodus of investors amid the current market downturn. According to a recent report by The New York Times, investors who ...
Scaramucci Facing Investor Exodus Amid Crypto Crash
Alex Dovbnya Investment firm SkyBridge Capital is losing plenty of investor money due to poor performance SkyBridge Capital, an investment firm run by prominent American financier Anthony Scaramucci, ...
Unstoppable Dollar Risks Worsening $71 Billion Asia Stock Exodus
(Bloomberg) — The dollar’s relentless rise is threatening to trigger more outflows from Asia’s emerging-market shares, spoiling hopes of the region making a comeback in the second half. Most Rea...
How Polygon is taking advantage of this latest exodus from Terra
Around 50 distinct cryptocurrency projects that were based on the defunct Terra Network have now switched to Polygon. In a 9 July tweet, Ryan Wyatt, CEO of Polygon Studios, expressed his happiness at ...
Terra-based Projects Begin Exodus to Polygon Following Terra Collapse
Around 50 different crypto projects built on the collapsed Terra Network have migrated to Ethereum Layer 2 protocol, Polygon. Some migrated projects, like non-fungible token (NFT) marketplace OnePlane...
CHZ Price Analysis: Exodus Of Sellers Leads To Chiliz Making Great Strides
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U.K. Prime Minister Boris Johnson Will Reportedly Resign After Government Exodus
Topline U.K. Prime Minister Boris Johnson will reportedly step down as Conservative Party leader after multiple scandals provoked widespread outrage and mass resignations among members of his own gove...
Exodus of pro-crypto financial regulators in UK amid allegations of misconduct in PM’s government
Many officials responsible for regulating the United Kingdom’s financial system have resigned following allegations Prime Minister Boris Johnson exercised “poor judgement” in appointing a member of th...
Indian Crypto Taxes Crush Trade Volumes as Local Exchanges Eye Exodus
Trading volumes across crypto exchanges in India have plummeted after a new transaction tax law was recently enforced. On July 1, 2022, the Indian Government legislated a 1% tax (called TDS, or Tax De...
Global Exodus From Taiwan Stocks to Bring More Pain for Currency
(Bloomberg) — Taiwan’s dollar just posted its worst first half of a year on record and analysts foresee more losses as overseas investors exit the island’s equities. Most Read from Bloomberg The...
Celsius exodus and liquidity crisis
Last week, the Celsius Network wrote its name in the alarming recent history of the crypto market failures alongside Terra. The American platform has unstaked $247 million worth of Wrapped Bitcoin (wB...
Taxes of top concern behind Bitcoin salaries, Exodus CEO says
Major cryptocurrency wallet provider Exodus continues paying its employees in Bitcoin (BTC) despite the ongoing bear market, with the total market cap dropping below $1 trillion on Monday. Since launc...
New Exodus Wallet browser extension includes ‘unlimited access’ to Solana
Exodus has announced a new multi-chain crypto browser extension. Users can now “easily explore and navigate the world of DeFi” through their Chrome and Brave browsers. Typically, browser extensions ca...
Stablecoin supplies and cash reserves in question amid crypto exodus
Cryptocurrency investors and traders have cashed out $7.7 billion from the stablecoin Tether (USDT), resulting in its market capitalization falling by 7.8% over the past seven days to $76 billion. The...
DeFi Lending Sector Sees Investor Exodus Amid Market Meltdown
Industry analytics firm DappRadar has just released a report on the situation, and it doesn’t look pretty. On May 13, the firm reported that DeFi’s total value locked (TVL) is down more than 40% over ...
BofA Strategists Say Investor Exodus Signals ‘True Capitulation’
(Bloomberg) — Money is leaving every asset class and the exodus is deepening as investors rush out of names like Apple Inc., according to Bank of America Corp. strategists. Most Read from Bloomb...
Boeing Exits Chicago as City Wrestles With Crime, Exodus
(Bloomberg) — Boeing Co.’s decision to leave Chicago is the latest blow to a U.S. city that already has seen its once-mighty economy battered by Covid-19 and crime. Most Read from Bloomberg The ...
Solana Founder Says Bitcoin Will Witness Mass Exodus of Users Unless Major Upgrade Is Approved
Solana (SOL) co-founder Anatoly Yakovenko says that leading digital asset Bitcoin (BTC) will eventually see all of its users migrate to other platforms unless it switches to a proof-of-stake mechanism...
JD, Alibaba Stock Exodus From New York Intensifies
(Bloomberg) — Investors are shifting more of their shares in Chinese e-commerce giants to the Hong Kong market, as Beijing’s efforts have yet to dispel concerns over the companies’ eligibility t...
Which Oil Giant Stands To Lose The Most In The Exodus From Russia?
Executing a plan some eight years in the making, Russia invaded Ukraine at the end of February 2022. So savage, and indiscriminate was this attack that comparisons with the worst of World War II are b...
Exodus of sellers sees Theta Coin make great strides –
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Bad Crypto Regulations Will Cause Innovation Exodus
As declared by Union Budget 2022-23, Indian cryptocurrency investors will have to pay tax under the new scheme for Taxation of Virtual Digital Assets from April 1. However, the current tax regime is e...
What would be the impacts of Exodus Wallet shares trading on Securitize Market?
Exodus counts among leading crypto wallets that now went public, and its services are available on SEC registered securities platforms Crypto wallets make relevance even after exchange firms allot nat...
Global Exodus From Chinese Markets Prompts Xi to Change Tack
(Bloomberg) — It took one of the biggest stock-market routs in Chinese history, but President Xi Jinping may finally be heeding the concerns of international investors. Most Read from Bloomberg ...
Far from Putin’s claims of resilience, Russian economy is being hammered by sanctions and exodus of international companies, Yale report finds
Media reports trumpeting the resilience of the Russian economy in the face of the international response to its invasion of neighboring Ukraine are based on misunderstandings that don’t reflect what’s...