The creator of the iPod, Tony Fadell, designed a new hardware wallet for people to store their cryptocurrency. The product, created by French crypto asset security firm Ledger, launched at the company...
Tag: Markets
Sam Bankman-Fried’s Robinhood stake is tied up in FTX bankruptcy proceedings, CEO Tenev says
Robinhood Markets, Inc. CEO and co-founder Vlad Tenev and co-founder Baiju Bhatt pose with Robinhood signage on Wall Street after the company’s IPO in New York City, U.S., July 29, 2021. Andrew ...
Jamie Dimon says Ukraine war shows we still need cheap, secure energy from oil and gas
Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and Russia’s war in Ukraine. Al Drago | Bloomberg | Getty Images One key l...
TSMC Plans $40 Billion US Investment As Biden Visits Arizona Plant
Taiwan Semiconductor (TSM) – Get Free Report, the world’s biggest contract chipmaker, is set to unveil plans for a second manufacturing site in Arizona Tuesday, taking its overall U.S. in...
Herbalife, GitLab, Textron and more
Take a look at some of the biggest movers in the premarket: Herbalife Nutrition (HLF) – Herbalife tumbled 9.8% in premarket trading after the nutrition and health products company announced a $250 mil...
From 70% drop to 1,300% jump, Novogratz, Draper and more chime in on future
Trying to figure out where bitcoin’s going to go in 2023? You’re probably better off asking a Magic 8 ball. Bitcoin is down some 65% over the past year and the outlook for 2023 is &#...
China’s Covid lockdowns are having a lessening impact on its economy
Pictured here are locals on a subway in Zhengzhou city, Henan province, on Dec. 5, 2022, after the municipality said negative nucleic acid test results are no longer needed to ride public transportati...
OrBit Markets Launches Staking Yield Swaps
SINGAPORE–(BUSINESS WIRE)–#crypto–OrBit Markets, the leading institutional liquidity provider in digital asset options and structured products, has launched an innovative product allowing stakers to s...
Bitcoin Could Fall to $5,000 Next Year – Markets and Prices Bitcoin News
Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank’s analyst explained that cryptocurrencies could fall further and more crypto firms could “succumb to liquidit...
This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume – Markets and Prices Bitcoin News
On Monday, Dec. 5, 2022, market data shows that non-fungible token (NFT) sales dropped 5.23% lower than last week’s sales despite a 15.16% increase in NFT buyers. Out of the $112.70 million in NFT sal...
Stocks making the biggest moves after hours: GitLab, Herbalife and more
People celebrate the Gitlab IPO at the Nasdaq, October 14, 2021. Source: Nasdaq Check out the companies making headlines in post-market trading. GitLab – The development software operator jumped 23% a...
The Block: Mining stock report: Monday, December 5
Most bitcoin mining stocks tracked by The Block traded lower on Monday, with a couple of of firms seeing double-digit declines. Bitcoin was trading at around $16,900 by market close, according t...
How Tesla Stock Can Hit 52-Week Lows … and How It Can Avoid It
Tesla (TSLA) – Get Free Report stock has not had an easy time this quarter and Monday is no exception, with the electric-vehicle leader’s shares down 5% at last check. The automaker has s...
Bitcoin, ether both trading lower as crypto stocks lead Monday declines
Cryptocurrency prices traded down on Monday, with bitcoin slipping below $17,000. Crypto-related stocks fell across the board, with declines lead by Silvergate. Bitcoin was trading at $16,932 sh...
Algorithm Known for Outpacing Crypto Markets Goes Fully Risk On, Favoring Ethereum, Polygon and One ETH Rival
A trading robot with a reputation for outperforming the digital asset markets is sharing its newest portfolio allocations amid the ongoing bear market. Every week, the Real Vision Bot conducts surveys...
Maple token down more than 24%, cuts ties with Orthogonal Trading following $36 million default
Maple Finance’s token, Maple (MPL), plummeted on Monday following the revelation that Orthogonal Trading defaulted on $36 million of loans on the crypto lending protocol. Orthogonal Trading inte...
Los Angeles bans oil and gas drilling within city limits
An oil pumpjack operates in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California. Mario Tama | Getty Images The Los Angeles City Council has voted to ban new oil and gas drilling and...
Tesla, VF Corp, Marriott, MGM and more
A general view shows the Tesla logo on the Gigafactory in Gruenheide near Berlin, Germany, August 30, 2022. Annegret Hilse | Reuters Check out the companies making headlines in midday trading. Tesla –...
Jim Cramer’s Investing Club meeting Monday: Oil sale, Starbucks
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Trimming HAL SBUX downgrade...
Chinese Stocks Rally As Beijing Signals Reopening—But Economists Divided Over Covid Rebound
Topline Chinese and Hong Kong stocks rallied on Monday and the renminbi jumped against the dollar, a positive sign of returning investor confidence amid rising public discontent and ongoing economic t...
Cryptocurrencies rise as shares of Block and Silvergate decline with traditional markets
Crypto prices were in the green on Monday while stocks declined across the board. Grayscale’s ether trust hit a new low. Bitcoin has been trading above $17,000 since about noon EST on Sun...
SpaceX unveils Starshield, a military variation of Starlink satellites
An uncaptioned image posted on the company’s website appears to show Starshield technology in orbit. SpaceX Elon Musk’s SpaceX is expanding its Starlink satellite technology into military ...
U.S.-listed Chinese stocks rally as investors turn bullish on reopening shift
Alibaba headquarters in Hangzhou, China. Bloomberg | Bloomberg | Getty Images Shares of Chinese companies listed in the U.S. jumped Monday after China loosened more Covid restrictions to accelerate th...
Silvergate Capital, MGM Resorts, Bilibili, Murphy Oil & more
A United Airlines terminal at John F. Kennedy International Airport in New York January 24, 2011. Jessica Rinaldi | Reuters Check out the companies making headlines in premarket trading Monday. United...
Tim Draper predicts bitcoin will reach $250,000 despite FTX collapse
Tim Draper, founder of Draper Associates, onstage at the Web Summit 2022 tech conference. Ben McShane | Sportsfile via Getty Images Venture capitalist Tim Draper thinks bitcoin will hit $250,000 a coi...
Stocks Slip as Yields Rise, China Optimism Fades: Markets Wrap
(Bloomberg) — Early optimism on moves by China to further ease Covid restrictions faded, as the path of American rate policy stifled potential gains in European equities and US futures. Most Rea...
Investors flee ImmutableX and DASH as markets fall while investors pile into the safe haven coin known as Snowfall Protocol!
As the crypto markets take a dive, investors are looking for a safe haven to park their funds. Many have turned to Snowfall Protocol (SNW) as a reliable and secure option. Snowfall Protocol (SNW) is a...
OPEC+ Pauses as Russia Sanctions and China Covid Rules Roil Crude Markets
(Bloomberg) — OPEC+ responded to surging volatility and growing market uncertainty by keeping its oil production unchanged. Most Read from Bloomberg The outcome of the brief online meeting on Su...