On Monday morning Palantir Technologies (PLTR) released the firm’s third quarter financial results. The results were seen as pedestrian at best. Palantir was an old favorite of mine going back t...
Tag: Financial
Binance to Sell Its Remaining FTX Tokens (FTT) amid Concerns of Alameda’s Financial Condition
Amid speculations over the financials of Alameda Research, Binance chief Changpeng Zhao decided to liquidate his remaining holding of FTX tokens leading to a strong price correction. Last week, CoinDe...
The ‘Retire Early with Digital Investing’ Financial Movement Modernizes Investing for Financial Freedom and Early Retirement – Profit Spotters
SAN JUAN, Puerto Rico–(BUSINESS WIRE)–Retire Early with Digital Investing (REDI), is a financial movement created by Profit Spotters to attain financial freedom and early retirement via digital invest...
Alameda CEO Justifies Company’s Financial Situation – crypto.news
According to a confidential document acquired, Alameda had $14.6 billion in assets as of June 30. Most of it, however, comes from FTX, another Bankman-Fried company that created the FTT token. Does FT...
DLT is Becoming Mainstream Among Financial Market Participants – Citi
According to a recent white paper by American multinational investment bank, Citi, the mainstream adoption of distributed ledger technology (DLT) is now growing rapidly among the financial market infr...
Michael Saylor Believes Bitcoin is the Solution to the Lebanon’s Financial Crisis
Michael J. Saylor, Co-founder of Microstrategy has made claims that he believes the use of Bitcoin (BTC) is the solution to the financial crisis that is being experienced in Lebanon as the country’s c...
Bearish Bets: 3 Brand-Name Stocks You Should Consider Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
Fed warns of ‘low’ market liquidity in $24 trillion Treasury market, in latest financial stability report
The Federal Reserve on Friday confirmed what many investors were saying for some time: the $24 trillion Treasury market has been experiencing low levels of market liquidity in recent months. The centr...
Lebanese buy groceries with USDT and mine crypto, as their country’s financial system has collapsed
Join Our Telegram channel to stay up to date on breaking news coverage When Lebanese first heard about bitcoin, years ago, many thought it was a hoax. By 2019, however, as Lebanon faced a financial c...
3 Small-Cap Stocks That Pay Solid Dividends to Shareholders
Investors are facing several macro issues in the current environment. Inflation remains stubbornly high, tight energy supply and demand conditions have made energy very expensive, the war between Russ...
DLT is finding favor among financial market infrastructures and participants
Distributed ledger technology (DLT) is becoming increasingly mainstream among financial market infrastructures and global market participants, according to Citi’s second Securities Services Evol...
The future looks gloomy for retirees — if you look closely at financial history
Retirement planning requires us all to become historians. Surely not, you object: Do we really have to become proficient in yet another subject? Unfortunately, yes. Regardless of whether you’re aware ...
Crypto is More Stable than the Rest of the Financial System, Says CZ
Join Our Telegram channel to stay up to date on breaking news coverage This year, Bitcoin has dropped by more than 70% from its all-time high. At the time of writing, BTC was trading at around $20,200...
Here’s the Inevitable Outcome From the Fed’s Monetary Tightening
On Wednesday the Federal Reserve hiked the Fed Funds rate by another 75bps. Stocks initially rallied as the statement that accompanied the announcement was interpreted to be ‘dovish’. Howe...
China’s Financial Footprint Deepens In Latin America
In the last two weeks, Mexico accounted for nearly half of all of China’s Belt and Road Initiative … [+] investments. China is making deeper inroads into Latin America via corporate brands...
Snap-On, Capital One Financial, Hershey, UnitedHealth Group, Dominion Energy
Snap-on announced that its Board of Directors has declared a quarterly common stock dividend of $1.62 per share payable December 9, 2022, to shareholders of record on November 21, 2022. This represent...
Jack Ma-founded Ant Group focuses on blockchain products as firm’s financial services struggle
Ant Group, founded by Chinese billionaire Jack Ma, is changing its business alignment by venturing into the blockchain space amid ongoing regulatory pressure that has impacted its financial services. ...
Cardano founder says ‘crypto industry was born from 2008’ financial crisis
As the cryptocurrency sector continues to expand and its assets become more adopted around the world, among investors and various mainstream institutions, Cardano (ADA) founder Charles Hoskinson share...
Is Crypto Whale Alameda Research in Financial Trouble?
Key Takeaways Alameda Research, the quantitative trading firm co-founded by Sam Bankman-Fried, reportedly had $14.6 billion in assets and $7.4 billion in liabilities last June. A close look at the num...
Canada Moves to Protect Financial Sector from Crypto ‘Challenges’
In Canada, the government is entering consultations with crypto industry stakeholders to address the digitalization of money, which it sees challenging democratic institutions around the world. The No...
Roketo Business App for Web3 Сompanies to Streamline Financial an…
Roketo, a NEAR-based recurring payment system, has launched Roketo Business app intended for all Web3 enterprises aiming to facilitate their operational processes. The app provides users with comprehe...
Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements – Regulation Bitcoin News
The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to include blockchain trading platforms. It also clarified certain rep...
Saying ‘not financial advice’ won’t keep you out of jail — Crypto lawyers
Crypto influencers may need to practice what they preach and “do their own research” when it comes to sharing their crypto tips. According to several digital asset lawyers, the popular disclaimer “Thi...
Binance CEO: Crypto Is the ‘Only Stable Thing’ Amid Financial Turmoil
Despite a crypto crash that has seen Bitcoin tumble over 70% from $69,000 to its current value of around $20,000, Binance CEO Changpeng ‘CZ’ Zhao argued that cryptocurrency is “proba...
It Seems Like Crypto Winter Affected Financial Result of Robinhood
In the recent Financial Results, Robinhood’s crypto transaction revenue fell 12% from its previous quarter. The trading platform further an overall net loss of $175 Million. On November 02, 2022, Robi...
New ‘crypto token regime’ instituted at the Dubai International Financial Centre
The Dubai Financial Services Authority (DFSA) announced on Nov. 1 that its crypto token regime has come into force in the Dubai International Financial Centre (DIFC) special economic zone, with a six-...
AMD Is Tradable But Here’s When I’ll Really Jump on Board
On Tuesday evening, long-time Sarge name Advanced Micro Devices (AMD) released the firm’s third quarter financial results after having warned/pre-announced early in October. The numbers reported...
ANEXT Bank Launches New Industry Initiative to Scale Financial Inclusion for SMEs
The ANEXT Programme for Industry Specialists aims to make digital financial services more accessible through embedded financing collaborations IN Financial Technologies and Bizmann System are among th...
Philippines Financial Institution Unionbank Now Provides Crypto Custody and Trading Services – Bitcoin News
The Union Bank of the Philippines, Inc., more commonly known as Unionbank, announced that the financial institution launched bitcoin and ethereum custody and trading services. The ninth largest bank i...