Digital Currency Group (DCG), the crypto conglomerate that owns lender Genesis Trading and asset manager Grayscale, among others, today made public that it has closed its asset management division cal...
Tag: Fears
Cronos (CRO) Up 4% In Last Week Amid Recession Fears
Crypto.com is one of the centralized exchanges that survived the market tribulations of 2022. Recent analysis done by CryptoCompare shows that the CEX had an average market share of 4.6% last year. It...
Tesla stock is ‘way oversold on fears of the unknown,’ Wedbush’s Ives says
Tesla watcher and Twitter CEO Elon Musk critic Dan Ives is sounding a bit more optimistic on Tesla stock after a major hammering to kick off 2023. “With $5+ of earnings power still hittable and ...
Binance Offers Proof of Bitcoin Reserves to Calm Traders’ Fears
Binance, the world’s largest and most popular digital currency exchange, has announced a new program that will give all current and future crypto investors proof of its present bitcoin and Ethereum re...
DCG Insolvency Fears Again Sparks Grayscale Liquidation Speculation – Here’s What We Know
– Advertisement – The fresh concerns have been triggered by Cameron Winklevoss’ recent open letter to DCG Chief Barry Silbert. Digital Currency Group (DCG), the parent company of asset man...
LUNC Community Debates on New L1 Team Funding Proposal Over TR Fears
– Advertisement – The Terra Classic community is trying to avoid repeating the situation involving Terra Rebels’ previous $150K allotment. The Terra Classic community is torn between appro...
Crypto Community Fears Centralization As MicroStrategy’s Bitcoin Holdings Hit 132,500 BTC ⋆ ZyCrypto
Advertisement     A trove of mixed feelings trailed the crypto community as one of its foremost Bitcoin evangelists, Michael Saylor, announced an additional purchase o...
China Stocks Retreat as Covid Outbreak Renews Growth Fears
(Bloomberg) — Chinese stocks declined as traders fret the nation’s outbreak may derail a much-awaited economic recovery at home and abroad. Most Read from Bloomberg The Hang Seng China Enterpris...
Ohio Measles Outbreak—More Than 80 Children Infected—As Fears Grow Of Growing Numbers Of Unvaccinated
Topline At least 81 children have been infected in a measles outbreak sweeping across central Ohio and all but five of the children were confirmed to be unvaccinated, the latest preventable outbreak a...
125,000 Laid Off In Major Cuts As Recession Fears Spiked, According To Forbes Tracker
Topline Nearly 125,000 employees lost their jobs so far this year as more than 120 large U.S. tech companies, banks and manufacturers implemented massive rounds of layoffs, according to the Forbes lay...
Binance BNB Security Fears Emerge Following FTT’s Declaration
New concerns have emerged about Binance’s BNB after the US Securities and Exchange Commission labeled FTT as a security in a recent filing before the US District Court Southern District of New York. ...
Dow Plunges Over 700 Points As ‘New Risks’ Fuel Recession Fears
Topline The stock market tumbled on Thursday after strong economic data fueled concerns the Federal Reserve may push interest rates higher than previously expected in order to help cool inflation—reve...
IDS share price is at risk amid rising Royal Mail bankruptcy fears
IDS (LON: IDS) share price has been in a freefall in 2022 as the company fights for its life. The stock of Royal Mail’s parent company plunged to a low of 174.3p in October, which was about 67% below ...
Auto execs less confident in EV adoption amid economic fears: KPMG
A NYC charging station seen in the Yorkville neighborhood of New York City. Adam Jeffery | CNBC DETROIT — Global automotive executives are less confident about the rate of adoption of electric vehicle...
Are Fears of Bitcoin Miners’ Selling Pressure Overblown? This Expert Thinks So ⋆ ZyCrypto
Advertisement     Crypto’s stretched-out bear market cycle has been attributed to many factors, key among them unfavourable monetary policies by the US Fed, the Russo-...
Greenidge signs $74 million debt restructuring deal as bankruptcy fears emerge
Bitcoin (BTC) miner Greenidge Generation has entered into a $74 million debt restructuring agreement with crypto lender NYDIG, according to a Dec. 20 SEC filing. The restructuring — which is expected ...
Amid inflation and recession fears, 10 money moves you should make in 2023
Getty Images/iStockphoto While inflation is cooling, projections still point to elevated consumer prices next year. What’s more, recession threats remain high, unemployment may rise and investors are ...
Benchmark Treasury yields firm but near recent lows on slowdown fears.
Longer-term bond yields rose on Monday, but remain near 3-month lows as investors continue to fret about a global economic slowdown. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.18...
Asian stock markets sink under global recession fears
BEIJING (AP) — Asian stock markets fell again Monday as investors wrestled with fears the Federal Reserve and European central banks might be willing to cause a recession to crush inflation. Shanghai,...
Community Fears DCG is Selling as Altcoin’s Values Tank
The crypto market experienced a massive sell-off in the last 24 hours. Several assets related to Digital Currency Group (DCG) Grayscale’s investment products, like NEAR, Filecoin, Ethereum Classic, et...
Over $135,000,000 in Crypto Liquidated Amid Global Market Fears and Auditor’s Crypto Exit
Hundreds of millions of dollars worth of digital assets are being liquidated from the global markets after a prominent auditing firm announced the halting of all work for crypto clients. According to ...
Equity Selloff Deepens as Recession Fears Grow: Markets Wrap
(Bloomberg) — U.S. equity-index futures dropped with European stocks amid concern the resolve of central banks to continue their fight against inflation will tip the economy into a recession. Mo...
WDC Stock: Western Digital, Micron, Nvidia Fall On Chip Glut Amid Recession Fears
Shares in flash memory chipmaker Western Digital (WDC) tumbled on Thursday after Goldman Sachs downgraded the company to sell, dragging down Micron Technology (MU) as well. And while shares in MU and ...
Recession fears could trigger a ‘lipstick’ effect on deal activity next year
In one of the biggest media mergers in history, AOL acquired Time Warner for $182 billion in 2000 to form $350 billion mega-corporation, AOL Time Warner Erik Freeland | Corbis Historical | Getty Image...
Argo trading at London Stock Exchange resumes amid bankruptcy fears
Argo Blockchain plc, a cryptocurrency mining firm has announced that its shares will be restored for trading on the London Stock Exchange. This decision was made due to the organization’s risk of accu...
Yield Curve Inverts To Depths Not Seen Since 1980s, Raising Recession Fears
NEW YORK, NY – The yield curve is now deeply inverted. That’s not a good signal for economic growth. … [+] (Photo by Spencer Platt/Getty Images) Getty Images After trending lower thr...
Cryptos Flat as Recession Fears Outweigh Better U.S. Productivity
Bitcoin remained reasonably steady at around the $16,850 mark as U.S. nonfarm productivity rose 0.6% for Q4 2022. The slight quarter-on-quarter increase in productivity means that employers can raise ...
Carvana stock collapses amid bankruptcy fears
Carvana (CVNA) shares were spiraling early Wednesday after the online car retailer’s biggest creditors reportedly signed an agreement to cooperate in potential restructuring negotiations as the compan...
Inflation Fears Did Not Increase In November—First Time In More Than A Year
Topline For the first time in more than a year, Americans’ inflation fears have not increased, according to a new Gallup poll, as high prices, led by the cost of gas, continue to fall heading into the...
Bahamas fears FTX crash could hurt its rep
The collapse of Sam Bankman-Fried’s (SBF) FTX may have serious repercussions for the Bahamas as a financial services jurisdiction and its ongoing efforts to be seen as a legitimate jurisdiction for cr...
Bybit To Cut Workforce Amidst Fears Bear Market Is Here…
Bybit has announced that it will be laying off nearly 30% of its global workforce, becoming the latest cryptocurrency exchange to do so. The move comes as fears grow that the bear market is here to s...
Black Friday Sales Numbers Hit Record Highs Despite Fears Of Recession
| Getty Images Key Takeaways Many retailers warned of a weak holiday sales period due to high inflation. Online sales were up 2.3% compared to 2021, with $9.12 billion spent online. Inventory levels a...