Chief Executive Officer of FTX Trading Limited Sam Bankman-Fried speaks during a House Committee on … [+] Financial Services (Photo by Jabin Botsford/The Washington Post via Getty Images) The Wa...
Tag: Meltdown
BitMEX Founder Arthur Hayes Updates Price Targets for Bitcoin, Ethereum and Solana Amid Crypto Market Meltdown
The outspoken founder of the derivatives exchange BitMEX is updating his crypto outlook amid a brutal market meltdown. Arthur Hayes believes the bottom is not yet in and forecasts further fallout is i...
Coinbase stock price forecast after the FTX meltdown
Coinbase (NASDAQ: COIN) stock price has nosedived in the past few months. It has plunged in the past eleven straight days and is trading at $50, which is the lowest level since June 14. The shares hav...
Cardano founder says FTX meltdown might be one of the last crises in crypto
Cardano (ADA) founder Charles Hoskinson has reacted to the collapse of the FTX cryptocurrency exchange, suggesting that the incident might be among the last crises to hit the digital assets space. Ac...
Trader Who Accurately Predicted 2022 Crypto Crash Says End of Market Meltdown in Sight, Details Bitcoin Price Target
A crypto trader known for accurately predicting the previous market crash earlier this year thinks the current digital asset price downtick is “far from over.” The pseudonymous analyst known as Capo w...
Trader Who Accurately Predicted 2022 Crypto Crash Says End of Market Meltdown in Sight, Details Bitcoin, Solana and FTT Price Targets
A crypto trader known for accurately predicting the previous market crash earlier this year thinks the current digital asset price downtick is “far from over.” The pseudonymous analyst known as Capo w...
One of the Few Analysts To Correctly Call Bitcoin’s 2021 Meltdown Says BTC Appears Close to Explosive Rally
The popular analyst who nailed Bitcoin’s (BTC) collapse in May 2021 thinks the king crypto could be on the verge of a massive breakout. Pseudonymous trader Dave the Wave tells his 129,500 Twitter foll...
As Inflation Hits Meltdown, Which Country Will Be Next To Adopt Bitcoin?
Some of the biggest economic problems among developing countries are the lack of financial inclusion and high levels of inflation. But is Bitcoin a practical solution? Regions like Latin America and A...
After Nailing 2022 Meltdown, Billionaire Chamath Palihapitiya Turns Bullish on the Stock Market – But There’s a Catch
Nearly a year after accurately forecasting this year’s meltdown in global markets, billionaire investor Chamath Palihapitiya says he’s positioned to capitalize on a major market rally. In a new episod...
Financial Crisis Haunts Korea as It Confronts a Credit Meltdown
(Bloomberg) — Past financial crises are haunting South Korean policy makers as they rush to support a local credit market that’s quickly gone from one of the world’s safest to teetering on the b...
UK Prime Minister Rishi Sunak’s NFT project still on track despite market meltdown
It has been claimed that the “NFT for Britain” promised by the current Prime Minister of the United Kingdom, Rishi Sunak, while he was chancellor, is still going to be implemented, even though the dig...
Dow Jones Futures: Apple Holds, Amazon Joins Megacap Meltdown; What To Do Now
Dow Jones futures tilted lower overnight, while S&P 500 futures and Nasdaq futures declined modestly as Amazon stock became the latest megacap earnings meltdown. Apple (AAPL) was little changed de...
Over 40 new challenger banks emerged in the last year globally despite economic meltdown
The demand for challenger banks has surged in recent years, a phenomenon mainly triggered by the pandemic when consumers increasingly embraced digital solutions. With the global economy attempting to ...
Total Crypto Market Cap Meltdown
In this episode of NewsBTC’s daily technical analysis videos, we are looking at the total cryptocurrency market cap with Bitcoin being so boring. We also compare past crypto winters to see when the de...
UK Meltdown Helps Lagarde Make the Case for Targeted Fiscal Help
(Bloomberg) — If European governments aren’t convinced by warnings from European Central Bank President Christine Lagarde that excessive fiscal stimulus can cause serious damage, she might invit...
The U.K. Economy Is Having a Meltdown. Why It’s Going to Get Worse.
The recent sharp drop in the British pound and in U.K. government bonds means traders are at panic stations, with repercussions being felt across the globe. The spectacular drops in the past month wer...
Crypto Strategist Who Nailed 2022 Bitcoin Meltdown Predicts Imminent BTC Rally – Here’s His Target
The crypto analyst who accurately predicted Bitcoin’s crash this year says he expects BTC to rally in the coming days. The pseudonymous analyst known in the industry as Capo tells his 521,100 Twitter ...
FTSE 100 shares to buy as the GBP/USD meltdown gains steam
The FTSE 100 index came under intense pressure as the GBP/USD crashed to the lowest level in more than 37 years. It was trading at £7,274, which was about 3.27% below the highest level this month. A w...
Even after the market meltdown, investors are still making two implausible assumptions about the next six months, this economist says
Not for the first time, inflation numbers caught the market by surprise. The bad news was the S&P 500 SPX, +0.43% saw the largest one-day decline in two years, slumping 4.2%. The good news if you’...
A breakdown of Sri Lanka’s interim budget amid an economic meltdown
Sri Lanka is in a period of great flux. The breathtaking beauty of the island nation has, unfortunately, often been overshadowed by political instability, ethnic conflict and civil unrest. With the en...
Someone Just Bought Pudgy Penguins NFT For 400 Ethereum Even In Crypto Meltdown
– Advertisement – Is it a bear market? Someone recently bought Pudgy Penguins non-fungible token (NFT) with the hashtag #6873 for 400 Ethereum (ETH) worth around $630,000, which is more th...
Crypto.com Aims at Expansion in South Korea amid Crypto Meltdown
Singapore-based crypto exchange Crypto.com has been on an expansion drive, with its latest bet being in South Korea, according to Bloomberg. Crypto.com has revealed the acquisition of South Korean vi...
Hashed Lost $3B on Terra’s Meltdown, CEO Tells Bloomberg
Key Takeaways Hashed lost more than $3 billion in paper gains on its LUNA bet, the firm’s CEO Simon Seojoon Kim has told Bloomberg. The venture capital firm was one of several crypto giants to t...
Major Exchanges Opt ‘Lay-Offs’ To Defend Market Meltdown
3 hours ago | 2 mins read Exchange News Blockchain.com is reducing about 150 employees, due to financial losses. The exchange recently lost $270 million from Three Arrows Capital. As per reports, Luxe...
Blockchain.com Slashes 25% Workforce amid Crypto Meltdown
Massive layoffs continue engulfing the crypto market. Blockchain.com took the latest actions by reducing its workforce by 25%. Citing harsh bearish conditions, the crypto exchange laid off approximate...
‘Singapore-based’ Crypto Firms Leading Market Meltdown Were Not Regulated, Central Bank Chief Says
The MAS, the country’s central bank, is continuing to distance itself from embattled crypto firms with ties to the Southeast Asian nation. In June, the MAS reprimanded Singapore-born Three Arrow...