The UST stablecoin’s dramatic decline in value featured in U.S. Treasury Secretary Janet Yellen’s testimony before the committee on banking, housing, and urban affairs, U.S. Senate, on Tue...
Tag: Heres
UST Stablecoin Veers Wildly From Dollar Peg. Here’s the Latest
UST, a so-called algorithmic stablecoin, works with LUNA to maintain a price of $1 using game theory and a set of blockchain-based mint and burn mechanics. In an ideal world, these mechanics are suppo...
Dogecoin’s 100% spike in trading volume- Here’s what you shouldn’t miss out on
Do you hold some Dogecoins? Are you an advocate for this meme coin as the ‘future currency of the internet?’ Well, in that case, you should know that in the last 24 hours, the coin recorded a signific...
Binance CEO Stirs Hope As Market Crashes, Here’s His Advise For Investors
Changpeng Zhao (CZ) encourages crypto traders and investors to put their emotions on check, as fear grips the market. Today, the price of Bitcoin slipped way below $30, 000 for the first time since Ju...
Jim Cramer says ‘leaving the market is a mistake’ — here’s what he’s most bullish on right now
Jim Cramer says ‘leaving the market is a mistake’ — here’s what he’s most bullish on right now The S&P 500 is down 10% over the past month alone. According to CNBC’s Jim C...
Here’s what to expect from Zilliqa’s near-term price action
The sellers were quick to unleash their underlying force after Zilliqa (ZIL) approached 200 EMA (green). This level also coincided with the upper trendline of the six-week-long down-channel (yellow). ...
GoodRx Beat Quartely Estimates. Here’s Why the Stock Is Falling.
Text size GoodRx had a strong first quarter but effectively removed 2022 guidance. Piksel/Dreamstime News that a large grocer is no longer accepting GoodRx’s pharmacy discount cards has wrecked the st...
Investors haven’t begun to price in recession — Here’s how far the S&P 500 could fall
The battered S&P 500 index is not pricing in a recession, according to DataTrek Research. “At 4,000, the recession odds imbedded in S&P are close to zero,” said DataTrek co-founder Nicholas C...
Here’s Why Solana (SOL) Is Still the Number One Ethereum (ETH) Competitor, According to InvestAnswers
A popular crypto analyst is highlighting the reasons why he believes Solana (SOL) is still the top Ethereum (ETH) challenger. The anonymous host of InvestAnswers tells his 436,000 YouTube subscribers ...
El Salvador Made $1 Million on BTC Trading in 11 Hour: Here’s How
Arman Shirinyan Nayib Bukele flexes country’s $1 million profit in only 11 hours while being down around $20 million The most recent purchase of 500 BTC made by El Salvador at approximately $30,...
It’s Time for Crypto Traders To Get Greedy, According to Analyst Nicholas Merten – Here’s His Take on Bitcoin and Ethereum
A widely-followed crypto analyst says right now is not the time to be calling for a bear market, despite worrisome price action. DataDash host Nicholas Merten tells his 516,000 YouTube subscribers tha...
Bitcoin (BTC) To Stay Supported Above $30K For Now, Here’s Why
Bitcoin (BTC) appears to have stabilized around 2022 lows after sharply consolidating over the past week. The token is now trading just above the $30,000 level. A bulk of BTC’s decline was driven by c...
Here’s why a Roth IRA conversion may pay off in a down market
Morsa Images | E+ | Getty Images Soaring inflation, interest rate hikes and the war in Ukraine have sparked ongoing stock market volatility. But there may be a bright spot: the chance to save money on...
Bitcoin Price Slumps Below $32k! Here’s How Institutions & BTC Whales Are Reacting
It looks like bears have conquered the cryptocurrency market as the market has been flashing red for a month now. Now as the world’s first cryptocurrency flips below the $32,000 level. However, when w...
This Crash Has Changed Retirement. Here’s What We’ll Do
Mature woman looking at the computer in shock getty Most investors I speak to have no idea how much they’ll need to retire (and with the uncertainty we’re facing today, that’s totally understandable!)...
here’s what to expect with US CPI data in focus
Silver price has paused on its three-week downtrend ahead of the US inflation data. The gains recorded in Tuesday’s session are founded on the easing of the US dollar’s rally. Global growth concerns a...
Veteran Trader Tone Vays Says Bitcoin Capitulation Incoming – Here’s His Timeline
Seasoned trader Tone Vays says he’s expecting Bitcoin (BTC) traders and investors alike to succumb to panic and sell their BTC stacks in the coming days. In a new strategy session, Vays tells his 121,...
Galaxy Digital Chief Predicts Crypto Mayhem Might Not Be Over — Here’s Why
Galaxy Digital CEO Michael Novogratz is expecting that the virtual asset market will be “volatile and difficult” for the next few quarters after posting weak results in Q1 2022. Novogratz iterated the...
Retirees Face a Whirlwind Market. Here’s What Advisors Say They Should Do.
Given market conditions, retirees can be forgiven if they feel that investing right now is akin to running with scissors. Risks and uncertainties abound: spiking inflation, Federal Reserve rate hikes ...
Terra: Amid news of UST’s depegging, here’s how the future looks for LUNA
Imagine trying to escape the volatility madness that plagues the cryptocurrency market by holding a stablecoin. You know that stablecoins usually peg their market value to some external reference such...
Ljubljana, Slovenia is the Most Crypto-Friendly City in Europe: Here’s Why
Ljubljana has come out on top in a new survey which illuminates just how far ahead Slovenia is when it comes to cryptocurrency adoption. Cryptocurrencies are becoming increasingly popular as they cont...
Here’s How Roe V. Wade Being Overturned Could Threaten Birth Control Access
Topline The Supreme Court appears likely to soon strike down its precedent in Roe v. Wade and let states outlaw abortion, according to a draft opinion obtained by Politico—increasing the likelihood th...
NEAR: Amid a minor recovery, here’s where bears can play spoilsport
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. After dropping towards its two-month baseline at the $9.77-level,...
Upstart stock just plummeted 40%: here’s what you should know
Upstart Holdings Inc (NASDAQ: UPST) stock tanked more than 40% in extended trading on disappointing guidance for the full year. Its current quarter results, however, topped Street estimates. Notable f...
Avalanche (AVAX) Co-Founder Predicts Bitcoin (BTC) Loses Its Supremacy – Here’s When
Avalanche (AVAX) co-founder and CEO Kevin Sekniqi says he has a hard time imagining that Bitcoin (BTC) will be able to maintain its number one spot in the crypto markets. Sekniqi tells his Twitter aud...
Maker [MKR]: With investors losing over $31.4B in a day, here’s what to expect next
MakerDAO over the last month has noticed a significant reduction in the total value locked on the protocol, reducing from $17 billion to $12 billion as of today. Now while the broader crypto market ha...
Bitcoin (BTC) Set To Slip Further Below $33K Today, Here’s Why
Bitcoin (BTC) suffered steep losses over the past week, bringing the token to its lowest levels this year. The world’s largest cryptocurrency is now trading around $33,000- its lowest level since July...
How do higher mortgage rates help shrink inflation? Here’s an explainer.
The Federal Reserve yanked a short-term interest rate higher this week, making it more expensive to borrow money to buy a home or fix it up. The central bank raised the federal funds rate last week by...
Buy GM Shares, But Not Ford or Tesla. Here’s What One Analyst Says.
Text size GM looks to be the preferred U.S. auto maker pick among Wall Street analysts, with about 85% of analysts covering the stock rating it a Buy. Justin Sullivan/Getty Images Investors are bearis...