We are downgrading the shares of Nvidia (NVDA) to a Two rating from One, and dialing back our price target on the shares to $200 from $225. These moves reflect the company’s downside pre-announc...
Tag: news
Crypto Lender Hodlnaut Pauses Withdrawals — Company Cites Market Conditions, Despite Recent Crypto Rally – Bitcoin News
On August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and deposits. Hodlnaut joins a slew of crypto firms that have frozen with...
FLOW Moves to Highest Point Since May, DOT Fast Approaching $10 Level – Market Updates Bitcoin News
Flow was in the green to start the week, as the token climbed to its highest point since May. The surge has seen prices rise by as much as 15% on Monday, as recent gains were extended. Polkadot was al...
World Gold Council Exec Believes Blockchain Technology Will Bolster Trust in the Gold Industry – Blockchain Bitcoin News
The World Gold Council’s (WGC) head of global sales and regional CEO, Joe Cavatoni, explained on Friday that he believes the gold industry will integrate with blockchain technology in order to “help t...
Upstart Holdings Isn’t a Stock to Hold on the Cusp of Earnings
By BRUCE KAMICH Aug 08, 2022 | 07:59 AM EDT Stocks quotes in this article: UPST Upstart Holdings Inc. (UPST) is expected to report its second-quarter results after the close of trading here on Monday....
ETH Hits 2-Month High Above $1,800 – Market Updates Bitcoin News
Ethereum surged to a two-month high on Monday, as crypto prices have mostly moved higher following Friday’s nonfarm payrolls report. Bitcoin rose to a one-week high, as the token climbed above $24,000...
Minting Goes Live on Quik․com – Sponsored Bitcoin News
sponsored Everyone is now familiar with the term “NFTs,” which provide users with decentralized asset ownership and legitimate property through blockchain technology. Similarly, NFT domains are curren...
XRP Forming Interesting Pattern on Charts; This Might Be Good News in “Short Term”
Tomiwabold Olajide XRP’s moving average (MA) 50 crossed above moving average (MA) 200 in late July XRP has formed a golden crossover on its price chart, crypto exchange Bitrue states in its rece...
World Bank Says Politicians Are to Blame for the ‘Deliberate Depression’ – Bitcoin News
Deliberately insufficient policy responses by successive Lebanese governments combined with the self-serving agreements by politicians are largely to blame for the country’s economic crisis, a report ...
After Crypto Market Crash, Bitcoin Holders Are Focusing on US Stock Market – Coinpedia – Fintech & Cryptocurreny News Media
With the ongoing “crypto winter”, digital investors are skeptical about the market and have gone back to focusing on the mood of the US stock market to ascertain if the worst might be over. The stock...
Crypto Downturn Hits Luxury Watches Market Sales
Over the past few weeks, the cryptocurrency market has quietly slipped into distress as the world grapples with interest rate hikes and inflation. Housing affordability and cost of living concerns hav...
Dubai Sees Crypto as Stepping Stone Towards Global Tech Hub
Dubai is reaping the dividends of new tech investments because it has laid the grounds for a post-pandemic boom through a business-friendly and low-taxes environment, according to CNBC. The city has b...
Brazilian Congress Fails to Vote on Cryptocurrency Bill, Next Discussion Scheduled for September – Regulation Bitcoin News
The Brazilian Congress failed to address a proposed cryptocurrency bill this week. While the proposed public policy was indeed on the agenda, the deputy chamber focused on discussing bills that tend t...
The rise of cryptocurrency – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
It is not often that something comes along and shakes the very fabric of trading. This is just as true in currency trading as it is in other markets, and while there are certainly events which shake i...
Tiffany & Co.’s 250 NFTiffs Sold Out, Generates nearly $13M in Revenue
Passes for physical copies of Tiffany & Co.’s debut 250 non-fungible tokens (NFTs) were sold out in about 20 minutes last Friday for 30 ether (ETH) each or about $50,000. The sale generated ...
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...
Where is Tether Holding Their Money? Here is the Answer! – Coinpedia – Fintech & Cryptocurreny News Media
After the Terra collapse, traders and investors worldwide are concerned about the security of their money in stablecoin products like Tether, which suffered significantly with millions of outflows. Bl...
Dozen Crypto Companies Await Portugal License Despite Bank Account Closures – Bitcoin News
The central bank of Portugal is now reviewing 12 requests from businesses that want to provide crypto-related services in the country. The applications are pending decision amid recent reports that so...
Disney, Coinbase, BioNTech, Rivian, and Other Stocks to Watch This Week
Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...
The Number of Cryptocurrency ATMs Installed Worldwide Surpasses 39,000 – Bitcoin News
This week the number of cryptocurrency automated teller machines (ATMs) operating worldwide has surpassed the 39,000 mark. Since January 2017 when the count was approaching 1K machines, the number of ...
Hut 8 Mining Corp Generated 330 BTC in July, Becoming one of the Largest BTC Holders
North American publicly traded cryptocurrency mining company Hut 8 Mining Corp has announced its operational update of July. Last month, Hut 8 revealed that it mined 330 Bitcoins at an average rate of...
3 Bills Introduced in US to Make CFTC Primary Regulator of Crypto Spot Markets – Regulation Bitcoin News
Three different bills have been introduced in the U.S. this year to empower the Commodity Futures Trading Commission (CFTC) to be the primary regulator of the crypto spot markets. Lawmakers Want CFTC ...
Best Performing Altcoins Review: FLOW, QNT, DCR
The general outlook of the digital currency ecosystem is one of positivity, which is evident by the combined crypto market cap pegged at $1.1 trillion, up 0.22% over the weekend. Despite the recorded ...
Luxury Car Purchases by Crypto Doubled to $12m in 2021, Says AutoCoinCars Executive
AutoCoinCars, an online platform that lets buyers purchase luxury cars with digital money, has seen sales on its platform double to $12 million in the past year. AutoCoinCars is a UK-based firm that a...
Tesla CEO Elon Musk Says Inflation Has Peaked — But We’ll Have a Recession for 18 Months – Economics Bitcoin News
Tesla CEO Elon Musk believes inflation has peaked and the U.S. economy will be in a recession for about 18 months. “We do get a fair bit of insight into where prices of things are going over time,” th...
Renowned Investor Jim Rogers Warns Governments Want to Control Crypto — ‘They Want to Regulate Everything’ – Regulation Bitcoin News
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has warned about cryptocurrency, stating that “if and when all our money is on our computer, it’s g...
Nayib Bukele Attributes Tourism Recovery in El Salvador to Bitcoin, Surf, and Crime Reduction – Bitcoin News
Nayib Bukele, the president of El Salvador, declared that the speedy recovery of tourism in the country had to do with three elements, including surfing, bitcoin, and overall crime reduction. El Salva...
Disney, Coinbase, BioNTech, Rivian, and Other Stocks for Investors to Watch This Week
Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...
Hector Network Partners with German Side Borussia Dortmund
Hector Network, a Web3 technology company, and the sponsor has partnered with the revered German football club, Borussia Dortmund. According to the report, this is a great feat for the web3 technolog...