Kraken layoff news: U.S. based crypto exchange Kraken announced it is reducing its global workforce by around 30%. The exchange cited its plans to adapt to the current market conditions in the crypto ...
Tag: Market
Bitcoin, Ethereum Price Prediction- Crypto Market Sets Relief Rally?
Bitcoin, Ethereum price prediction: The BTC and ETH price breakout from their respective resistance suggests a possible recovery in the near term. The market leaders’ signs for escaping the consolatio...
Korean Game Company, Sotem Mobile’s Lord of Dragons (LOD: Lord of Dragons) to Venture into the P2E Market
Place/Date: – November 30th, 2022 at 1:57 pm UTC · 3 min read Source: Lord of Dragons Photo: Lord of Dragons Up until recently, many game studios have published games adopting P2W (Pay to Win) e...
Dow ends over 700 points higher to exit bear market after Powell signals smaller interest-rate hikes ahead
U.S. stocks finished sharply higher on Wednesday, with the Dow Jones Industrial Average rising over 700 points to technically exit a bear market, after Federal Reserve Chairman Powell said the central...
Markets Spike After Fed Chair Says It ‘Makes Sense to Moderate the Pace’ of Rate Hikes, Hints Easing Could Happen in December – Market Updates Bitcoin News
Equities, precious metals, and cryptocurrencies shined on Wednesday following Federal Reserve chairman Jerome Powell’s speech at the Brookings Institution in Washington. The crypto economy increased 3...
Here’s what Fed Chair Jerome Powell’s remarks mean for the market
S&P 500 just shot up 3.0% versus its intraday low after Fed Chair Jerome Powell reiterated that smaller rates hikes could start from December. Summary of Chair Powell’s remarks But he still made s...
Stock market news live updates: November 30, 2022
U.S. stocks soared Wednesday afternoon as investors cheered comments from Federal Reserve Chair Jerome Powell that signaled a 50-basis-point rate hike in December. The S&P 500 (^GSPC) rose 3.1%, w...
Kraken to layoff 1,100 people to ‘adapt to current market conditions’
U.S.-based crypto exchange Kraken has announced laying off 1,100 staff members, equating to 30% of its workforce, as a response to weathering crypto winter. The blog post, signed by CEO Jesse Powell, ...
Reopening Drives Market Higher, Ignoring COVID Cases And PMIs
China Last Night KraneShares Key News Asian equity markets were largely higher as Hong Kong outperformed, Japan underperformed, and the Philippines were off for Bonifacio Day in honor of national hero...
Binance reenters Japanese market by acquiring exchange
Binance has opened up the Japanese market to its services once again by acquiring the Sakura Exchange BitCoin (SEBC). By acquiring SEBC, Binance will now be able to enter the Japanese market as a Japa...
ECB calls out BTC stability as market manipulation
According to a newly released report by the ECB, Bitcoin is in the final stages of becoming irrelevant due to its many shortcomings. The report stated that Bitcoin’s value stems from mere speculation,...
Dow Jones Futures: Stock Market Rally Awaits Fed Chief Powell, Key Economic Data
Dow Jones futures rose slightly early Wednesday, along with S&P 500 futures and Nasdaq futures, with Fed chief Jerome Powell and key economic data on tap. X The stock market rally closed mixed Tue...
Elon Musk Expresses His Questionable Market Opinion
Arman Shirinyan Elon Musk believes that financial regulator needs to calm down Elon Musk surprised his followers with a solid financial market prediction that, if it turns out to be true, will positiv...
CoinCRED-Backed Gyre Network Launches in the Cryptocurrency Market
[PRESS RELEASE – Please Read Disclaimer] CoinCRED, the newly-entered U.A.E. exchange, has officially announced its collaboration with a new-age crypto project, GYRE NETWORK. The year-old exchange is w...
LTC Nears 6-Month High, as Near Rebounds From Recent Lows – Market Updates Bitcoin News
Litecoin has been a notable mover on Nov. 30, as the token edged closer to a recent six month high. Following yesterday’s gains, cryptocurrency prices remained in the green on Wednesday, with the glob...
Job openings fall amid Fed efforts to cool labor market
Workers sort packages at a FedEx Express facility on Cyber Monday in Garden City, New York, on Monday, Nov. 28, 2022. Michael Nagle | Bloomberg | Getty Images Job openings dipped in October amid the F...
Market Maker Keyrock Raises $72M Amid FTX Contagion
Founded in 2017 in Brussels, Keyrock pulled most of its assets from FTX the weekend after the CoinDesk story broke, but “a little bit” remained stuck, de Patoul said. The amount was “not consequential...
BTC Moves Above $17,000 on Wednesday – Market Updates Bitcoin News
Bitcoin moved to $17,000 on Wednesday, as markets continued to digest the U.S. consumer confidence report. Confidence amongst consumers fell to its lowest level since July, despite inflation easing in...
Ripple leads $72 million round into crypto market maker Keyrock
Crypto payments company Ripple has led a $72 million Series B funding round into digital asset market maker Keyrock. Ripple has also been a key client for the firm for the last three years. Ven...
Bitcoin briefly trades above $17K as market rally continues
The cryptocurrency market cap saw net inflows of $15.72 billion over the last 24 hours and currently stands at $852.9 billion from $837.18 billion — up 1.89% over the reporting period. Bitcoin and Eth...
Shiba Inu Worth $16.56M Moved by Whales as Market Rebounds
2 hours ago | 2 mins read Altcoin News The sum of all SHIBs that have been transferred is estimated to be roughly $16.56 million. This massive transaction allegedly occurred between Crypto.com and Bin...
Binance Market Share Allegedly Hits 77%; Criticism Grows
It is no secret that Binance benefits from FTX’s insolvency. After the second largest exchange in the world went belly up, other exchanges had to divide FTX’s market share among themselves. And that B...
Bitcoin Surges to a 2-Week High, ETH Gains 5% (Market Watch)
After several days of sideways trading and dipping toward $16,000, bitcoin finally went on the offensive and tapped $17,000 for the first time in two weeks. Some altcoins are also well in the green, i...
Binance Acquires Sakura Exchange BitCoin, Re-Enters Japanese Market
The world’s largest crypto exchange Binance on Wednesday said it has acquired 100% of Sakura Exchange BitCoin (SEBC). The acquisition marks the entry of Binance into the Japanese market as a Japan Fin...
Could Bitcoin Crash to $10,000? Market Experts Weigh In
How low can Bitcoin go? Market analysts, including the BitMEX co-founder Arthur Hayes and the co-founder of Mobius Capital Partners Mark Mobius, said the next target for Bitcoin is $10,000, which, if ...
Binance Trade Volume Market Share Surges
With the demise of its biggest rival, FTX, it is no surprise that the market dominance held by Binance has increased. However, there are many discrepancies in the volume figures. FTX International was...
Unstoppable Oryen Network gains 200% during Presale – Next-gen staking platform takes market shares of Maker and Uniswap
While many investors pull out of crypto projects losing big in the bearish markets, Oryen Network is taking up more members. This give-and-take between Oryen and other projects is driven by its fast g...
Bitcoin, Ethereum Price On A Surge As Crypto Market Recovers
Crypto News Today Live Updates November and Latest News: (30 November 2022) The global digital asset market printed green indexes for two days straight. The cumulative market cap is up by 2% over the ...
Does Cardano (ADA) Have Best Staking on Cryptocurrency Market?
Sabrina Martins Vieira Cardano continues to establish itself as best staking cryptocurrency for its qualities not seen in competitors Contents Cardano staking highlights But this is not only reason Ca...
Crypto Market Review, Nov. 29
Arman Shirinyan Shiba Inu desperately needs breakout after weeks of degraded performance The rangebound on the market continues as the majority of assets remain in the neutral zone and show almost no ...
Competitors chip away at Tesla’s share of U.S. EV market
DETROIT — New electric vehicle models from multiple automakers are starting to chip away at Tesla’s dominance of the U.S. EV market, according to national vehicle registration data. But numbers collec...