Crypto layoffs have continued into November. The industry faces not only an ongoing bear market marked by depressed digital asset prices, but also a tough macroeconomic environment where inflati...
Tag: Mount
Powell again is facing political pressure as worries mount over the economy
Jerome Powell, chairman of the US Federal Reserve, speaks during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022. Al Drago | Bloomberg | Getty Images Federal Reserve Chairman Je...
Fintech layoffs mount as October marks 6 months of crypto downturn
After the Terra-Luna collapse sent crypto prices tumbling in May, many firms trimmed substantial parts of their workforce to stabilize their businesses. In June, for example, Coinbase laid off aroun...
How much does it cost to climb Mount Everest and the Seven Summits
Vivian James Rigney is no casual traveler. The executive coach and speaker has visited more than 80 countries and lived on three continents. He’s also climbed the highest mountains on all seven ...
Calls mount for Louisiana state to buy Bitcoin following BlackRock divestment
Bitcoin advocates have called for the Louisiana State Treasury to buy BTC after its announcement to divest roughly $794 million held with BlackRock. It’s reported that Louisiana Treasurer John Schrode...
Herschel Walker Tumbles In Georgia Senate Poll As Scandals Mount
Topline Georgia’s Democratic Sen. Raphael Warnock opened up a 12-point lead against his Republican challenger Herschel Walker, according to a SurveyUSA poll released Wednesday, amid mounting scandals ...
Shrek Raves Sweep The Nation, Mount In Manhattan
The Shrek Rave had music Riley Van Steward The first Shrek Rave was carried out with the success of a Texas execution in Los Angeles last year. At mere conception, it may have seemed like a hit – with...
Novavax Stock Hits 2-Year Low As Challenges Mount For Covid Shot
Novavax stock is trading at a two-year low amid slowly ramping use of its Covid vaccine, dubbed Nuvaxovid, in the U.S. X The Food and Drug Administration signed off on Nuvaxovid in July, six months af...
Centralization Fears Mount as Over 80% of Ethereum Blocks Were Relayed by Flashbots
Data from mevboost.org shows that over 80% of Ethereum relay blocks were built by Flashbolts, raising further centralization concerns within the community. While Ethereum’s transition to the proof-of-...
Klaytn’s Market Clout Continues To Grow As Its Mainstream Use Cases Mount
– Advertisement – As the crypto industry has grown and evolved, one sector that continues the pique the interest of investors globally is the decentralized finance (DeFi) market. This is b...
Scams Impersonating Vitalik Buterin Mount Amid the Merge
The excitement around the Ethereum Merge is tremendous for the PoS proponents and the community of the second-largest cryptocurrency. It also presents a very lucrative opportunity for fraudsters, who ...
Crypto expert reveals key XRP price levels for ‘shorts and longs’ as gains mount
As the general cryptocurrency market records short-term gains, XRP is one of its assets that is following suit, leading crypto experts to give their two cents on the key price levels to watch out for....
Peloton (PTON) reports Q4 2022 losses mount
Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Peloton on Thursday reported widening losses and slumping sales for its fisc...
Liquidation Fears Mount as BAYC NFTs Floor Price Drops
Fears of liquidation have gripped the non-fungible token market after it emerged that several Bored Apes and Mutant Apes holders borrowed against their NFTs on BendDAO. The news broke out on Twitter a...
California Health Officials Now Referring To Monkeypox As ‘Mpox’ And ‘MPX’ As Calls Mount To Rename Disease
Topline Health officials in California said Friday they will refer to monkeypox as “mpox” or “MPX,” a local TV station reported, amid criticism that the name is stigmatizing and discriminatory. Public...
Calls for SEC probe mount after meme stock king’s potential pump-and-dump of Bed Bath & Beyond shares
Did the Pied Piper of meme stock investments lead his followers to their impending financial demise? Some investors smell a rat and are calling for the Securities and Exchange Commission’s Gary ...
Rivian loses nearly $2 billion in second quarter as expenses mount
Rivian Automotive Inc. late Thursday reported a narrower-than-expected quarterly loss, but called for steeper losses for the year, warned about ongoing supply-chain snags, and saw rising expenses, sen...
Celsius troubles mount as Canadian regulators launch probe into the lender
Troubles facing collapsed cryptocurrency lending platform Celsius seem to be escalating after it emerged that Canadian regulators are working with international partners to probe the now bankrupt firm...
Coinbase Hit by Another Class Action Lawsuit as Cases Mount Up
Coinbase hit by another Class Action Lawsuit While attempting to gain respite from Supreme Court New lawsuits have been piling up against the US crypto company Coinbase soon after an ongoing investiga...
Lawsuits Mount Against Terra: FatManTerra Launches Class Action Lawsuit
Terra has been the target of a second class action lawsuit, and more legal action is likely to be brought against the struggling stablecoin company in the near future. A Slew Of Lawsuits Against Terra...
Legal Cases Against Terra Begin to Mount Up
A second class action lawsuit has been filed against Terra, and the beleaguered stablecoin firm can expect that further legal action will be taken against it in the near future. Bragar Eagel & Squ...
Bitcoin price swings 7.5% during intraday trading as US recession concerns mount
The cryptocurrency market along with the tech-heavy Nasdaq saw a bit of positive price action on July 5 amid a backdrop of rising recession concerns in the United States. Data from Cointelegraph Mark...
Oil Plunges As Recession Fears Mount: Gas Prices Set To Tumble
Updated at 4:24 pm EST Global oil prices plunged the most in several weeks Tuesday as investors pared bets on crude and commodities demand amid increasing signs of recession in the world’s bigge...
Oil tumbles as much as 10%, breaks below $100 as recession fears mount
Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images Oil prices tumbled Tuesday with the U.S. benchmark...
Celsius Lays off 150 Workers as Depositors’ Worries Begin to Mount
Embattled crypto lender, Celsius, has laid off 150 employees, representing a quarter of its workforce, according to the latest reports. Israeli news outlet Calcalist reported some of the employees lai...
Bit.com Plans to Double Workforce as Layoffs Mount in Crypto and Financial Markets
The crypto markets are going through a rough phase. Bitcoin has crashed more than 70% in 8 months. Amidst the crash, several companies are laying off their employees, desperately trying to save cash. ...
Tether USDT Market Cap Slips Below $70 Bln As Redemptions Mount
Tether (USDT), the world’s largest stablecoin’s market capitalisation has registered a continuous drop over the past few weeks. It now has shrunk below the $70 billion mark. Is USDT losing the race? A...
Fears of MicroStrategy Margin Call Mount as Bitcoin Slumps
Text size MicroStrategy would be forced to add to collateral if Bitcoin slips below $21,000. Dreamstime MicroStrategy , the business-intelligence software maker that borrowed money to invest in Bitcoi...
Legal troubles mount for Terraform Labs as Seoul police investigate
Terraform Labs, the parent company behind the collapsed Terra ecosystem, is currently under multiple investigations from the South Korean authorities. The latest investigation revolves around the alle...
Dogecoin was perched atop $0.08 and selling pressure could mount at…
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Dogecoin [DOGE] had a bearish outlook on the higher timeframe cha...
Dow Jones Dives Ahead Of Powell Comments As Global Recession Fears Mount
The Dow Jones Industrial Average tumbled 400 points Friday ahead of Fed chief Jerome Powell’s comments at a Federal Reserve event in Washington D.C. The early action threatened to extend the sto...