Crypto companies take on multi-million dollar debts to finance their operations to meet the ask during a bull run. However, failing to repay the obligations leads to defaults, buyouts, and even bankru...
Tag: Piles
Cathie Wood Watch: Ark Piles Its Tesla Holding High
Famed investor Cathie Wood, chief executive of Ark Investment Management, continued her buying onslaught of Tesla (TSLA) – Get Free Report shares Jan. 17. That company, of course, is the domina...
CFTC piles on with new charges against Bankman-Fried
FTX logo on mobile screen with crypto coins are displayed for illustration. Jonathan Raa | Nurphoto | Getty Images Charges continue to mount for disgraced FTX co-founder Sam Bankman-Fried, with the Co...
FTX weekly stablecoin outflows surge as Binance piles on the pressure
FTX has recorded a surge in stablecoin outflows amid growing, unsubstantiated fears surrounding the crypto exchange’s financials. In the last seven days, more than $451 million in stableco...
Ford, Rivian, GM: Concern About Outlook for Carmakers Piles Up
Life for the car manufacturers is becoming tougher as the economic slowdown worsens. A perfect storm of prepandemic difficulties made worse by covid-19 appears to be forming. Demand for cars is likel...
Russia’s Historic 100 Million-Ton Wheat Crop Piles Up at Home
(Bloomberg) — Russia’s wheat harvest could reach a historic 100 million tons, according to consultant SovEcon, with the commodity piling up at home as the nation struggles to export large volume...
Just as Wall Street Piles In, Tech Stocks Face Fresh Rates Storm
(Bloomberg) — Jerome Powell’s latest hawkish missive threatens to open up a new front in the ever-raging battle between tech stocks and Treasury yields — potentially hurting money managers...
SEC Chairman Piles Pressure on Altcoins, Says ‘Bitcoin Is the Only One I Am Willing To Say Commodity’
– Advertisement – For SEC Chairman Bitcoin is the only crypto that is a commodity. Gary Gensler, the chairman of the Securities and Exchange Commission, has stated that Bitcoin (BTC) is th...
Cathie Wood Watch: Ark Piles Into Nvidia, Buys an AI Biotech
Renowned investor Cathie Wood, chief executive of Ark Investment Management, for a second day bought big into one of the world’s biggest semiconductor makers after staying away from it for at least se...
Cathie Wood Watch: Ark Piles Into Coinbase and a Videogame Platform
Investment hotshot Cathie Wood, chief executive of Ark Investment Management, on Thursday continued to gobble up beleaguered stocks. That included a cryptocurrency exchange and a videogame-development...
OneFootball Piles Up $300 Million From Liberty City Ventures and Animoca Brands
OneFootball, a media platform, jacked up $300 Million during a series D funding round led by Liberty City Ventures and Animoca Brands. OneFootball Labs are aiming to allow soccer clubs, federations, c...
Loot And Vine Creator Piles Up $12 Million For Blitmap
The short-form video platform, Vine’s co-founder, and NFT project, Loot creator, Dom Hofmann, have a latest venture titled Blitmap. As per the tweet by Sup, organization has amassed a $12 Million fund...