At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The news follows significant finan...
Tag: Persist
Investor concerns persist as crypto investment products see 4th week of outflows
On Mar. 6, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that Investors have continued to display negative sentiment toward crypto ...
Positive Trend in ADA Likely to Persist as Bulls Power Triumphs
Current bullish trend has pushed ADA’s price up by over 2.62%. Due to the negative trend, the price of ADA plummeted to a daily low of $0.2728. The current upsurge has a decent possibility of continui...
Genesis Cuts Staff by 30% as Financial Woes From FTX Fallout Persist
Genesis Trading today announced massive cuts to its workforce in an effort to reduce costs at the ailing institutional crypto firm. The company did not provide precise numbers, but sources close to t...
Crypto Bull Tom Lee Reveals 2023 Macro Outlook, Says This Year’s Terrible Conditions Are ‘Unlikely To Persist’
Fundstrat Global Advisors’ managing partner Tom Lee thinks the terrible macroeconomic conditions of 2022 are “unlikely to persist” next year. In a new Twitter thread, Lee says that he thinks inflation...
Grayscale’s GBTC’s beating this year very likely to persist
Grayscale’s flagship product, the Grayscale Bitcoin Trust (GBTC), grabbed headlines throughout the year — typically for the wrong reasons. Grayscale foresees a limited possibility of relief over...
WAVES sees increased investor distribution as USDN troubles persist
The continued decline in the value of stablecoin USDN led to a fall in the price of WAVES. With negative sentiment trailing the token, the chances of an upside are limited. Despite recent claims that ...
Australia’s $130 Billion Wealth Fund Bets Inflation to Persist
(Bloomberg) — Australia’s sovereign wealth fund is positioning for inflationary pressures to persist around the world, betting that gold and other commodities will offset crimped returns across ...
Bitcoin (BTC) Price Risks Persist as Demand Wanes
A rather boring Bitcoin price action has left the market hoping for some swift moves, but BTC could make participants wait a bit more before any good news pops up. The Bitcoin price action has been a...
Crypto Researcher Reveals The Dangers of Solana as Network Outages Persist ⋆ ZyCrypto
Advertisement     Justin Bons, the founder and CIO of Cyber Capital, has pointed out the Solana blockchain’s failures, which experienced its eighth major network outag...
Stocks extend sell-off as Fed fears, currency turmoil persist
U.S. stocks had yet another losing session Monday, as the S&P 500 hit a new 2022 closing low and the Dow Jones Industrial Average’s decline put the index officially into a bear market. Equit...
The Oil Surplus Could Persist. Expect Prices to Fall
Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. Expect Oil Prices to Fall THINK Economic and Finan...
Crypto trading guru sets key areas to watch for Bitcoin’s uptrend to persist
The cryptocurrency market is still struggling to regain its strength after a row of unfavorable events in the industry, leading crypto traders and investors to intensely examine the price activity of ...
XRP records an ADV decline of 22% in Q2 2022 as unfavourable macroeconomic conditions persist ⋆ ZyCrypto
Advertisement     The downturn that has tormented the crypto markets of late has left a trail of perished ventures in its trail, alongside billions in investor losses ...
Hot job market and Great Resignation persist despite recession threat
Mixetto | E+ | Getty Images Workers are still reaping the benefits of a hot labor market characterized by few layoffs, ample job openings and a high level of voluntary departures, according to U.S. De...
Headwinds to Persist for AMD Stock, but the Stock Is Too Cheap to Ignore, Says Analyst
Is the world moving towards a global recession? That looks like a real possibility and one Wall Street analyst is already convinced that is the case. But along with believing a global recession is aro...
Caterpillar’s weakness to persist as the stock breaks below key $190 support
Caterpillar, Inc. (NYSE:CAT) has been one of the most resilient stocks this year. As other major stocks crashed, Caterpillar has held strongly above the $190 support. The stock would jump any time it ...
Crypto firms have laid off more than 1,500 people in the last two months as downturn fears persist
Companies in the crypto space have laid off more than 1,500 people in the past two months. The number is based on publicly announced layoffs dating back to earlier this spring when the digital asset m...
Binance Staking completes initial phase of Terra 2.0 airdrop as ecosystem issues persist
On Tuesday, cryptocurrency exchange Binance said it completed the first stage of airdropping new Terra Luna (LUNA) tokens to holders of Terra Luna Classic (LUNC), TerraUSD (USTC) and AnchorUST (aUST)....
Crypto Fear and Greed Index Shows ‘Extreme Fear’ and Shaky Sentiment Persist – Market Updates Bitcoin News
For a few weeks now, bitcoin sentiment stemming from the Crypto Fear and Greed Index (CFGI) has been in the “extreme fear” range. While bitcoin gathered some gains on Monday, the CFGI is still in the ...
Retail Stocks Rebound But ‘Feast Or Famine Environment’ May Persist Amid Shift In Consumer Spending, Experts Warn
Topline The retail sector has been hard-hit by a selloff in recent weeks amid warnings from major companies that surging inflation has impacted profits, and despite a rebound on Wednesday, experts pre...
Demand will persist, problem is with supply chains
BEIJING — Nio‘s biggest challenge right now is making sure that supply chains are stable, CEO William Li told CNBC. The Chinese electric carmaker has had to charge customers more due to soaring ...
Retailers Scramble to Adapt As Inflation; Supply Chain Woes Persist
Retailers Scramble to Adapt as Inflation; Supply Chain Woes Persist getty The rules of retailing are being rewritten as hope fades that inflation will subside any time soon, or that supply chain disru...
Crude oil price outlook as supply and demand concerns persist
Crude oil price has edged higher in early Thursday trade even as it remains within a horizontal channel. As at , WTI futures, the time of writing, the benchmark for US oil, was at $103.36; up by 0.93%...
How Long Will It Persist?
Burning US five and one dollar bills, London, 8th August 2011. (Photo by Tom Stoddart/Getty Images) Getty Images The Bureau of Labor Statistics released its monthly inflation report this week showing ...
History says inflation could persist for a decade
If you are a retiree, or even near to retirement, you are probably more vulnerable to inflation than most. Your cost of living is probably rising faster than your income. You’re lucky if any pension o...