Could inflation ease more swiftly than the Federal Reserve expects? Consumer price increases have pulled back sharply in recent months but Fed Chair Jerome Powell says further declines to the Fed’s 2%...
Tag: Reducing
Crypto Firms Are Reducing Their Existing Workforce
To maintain economic giants, the tech giants are reducing their existing workforce. The first month of the new year started with huge layoffs of nearly 3000 workers from different sectors. The financi...
Biden Administration announces roadmap for reducing crypto risks
Following a year in which the crypto sector experienced some of the worst upheavals in its short history, the White House has seen fit to publish a blog revealing a roadmap aimed at stabilising the se...
Binance CEO Warns Traditional Institutions Against Reducing Exposure to Crypto
Binance CEO Changpeng “CZ” Zhao is of the opinion that a proactive reduction in exposure to cryptocurrencies by traditional institutions as a reaction to ecosystem collapses in 2022 could ...
Signature Bank reducing crypto exposure, Binance clients transferring less than $100,000 to be impacted
Binance, one of the world’s largest cryptocurrency exchanges, announced that the New York-based Signature Bank would handle transactions from its users only if it exceeds $100,000. This move comes as ...
Polygon primed for hard fork aimed at reducing gas fee spikes: New details revealed
Ethereum layer-2 scaling solution Polygon will undergo a hard fork on Jan. 17 in order to address gas spikes and chain reorganizations issues that has affected user experience on the Polygon proof-of-...
SuperRare Reducing Its Staff by 30% Due to Adverse Market Conditions
SuperRare is not the only company in the industry reducing its staff. In 2022, a number of industry players cut their workforce due to crypto winter conditions. As of January 5, 2023, as many as 26,96...
Rep. Tom Emmer mulls bringing back bill aimed at reducing crypto red tape
Crypto-friendly Congressman Tom Emmer is considering re-floating a bipartisan bill that would lift the requirement for certain crypto businesses and projects to register as Virtual Asset Service Provi...
Signature Bank is Reducing Crypto Linked Deposits by $10 Billion
Amid the harsh market conditions in the crypto space, Signature Bank (SBNY), New York based full service commercial bank, signaled that it is lowering its crypto linked deposits by around $8 Billion t...
Bybit reducing workforce as bear market deepens
Crypto exchange Bybit is reducing its workforce as a direct result of “the deepening bear market.” The Singapore-based crypto exchange’s CEO and co-founder, Ben Zhou, made the ...
DXY bounces at major support, reducing Bitcoin’s chance at breaking the $17.2K resistance
On Dec. 2, the United States dollar index (DXY), an index that measures the dollar’s strength against a basket of top foreign currencies, reached 104.40 which was the lowest level seen in 5 mont...
The ‘Amazon of Africa’ is reducing staff and cutting premature products in its new era
African e-commerce company Jumia reported $50.5 million in revenue for this year’s third quarter with declining operating losses (33%) and increasing gross profit (29%) compared to last year, while ac...
With LDO Whales Reducing Holdings, How Far Can Lido DAO Price Go?
With the larger crypto market down once again, Lido DAO prices rebounded back to lower levels after charting a short-term recovery. The news of FTX filing for bankruptcy led to another global crypto m...
Reducing Employer Health Costs
Americans are anxious about the economy and for good reason. Most workers’ wages have not kept pace with inflation over the past 18 months. American families are being increasingly squeezed with over ...
Stablecoin Issuer Tether Fulfills Promise by Reducing Commercial Paper Holdings Down to Zero – Bitcoin News
On October 13, 2022, Tether Holdings Limited announced that the stablecoin issuer has reduced the company’s commercial paper holdings down to zero. The company has said it would reach this goal for a ...
Ethereum Gas Fees Not Reducing Despite the Merge
Transaction fees over a blockchain network using the native crypto asset has been one of the crucial issues and it still remains the same. The factor of gas issue is more pinched for smart contract bl...
Tether Boosts US Treasury Holdings Behind USDT, Further Reducing Commercial Paper
Tether, the crypto firm behind USDT stablecoin, on Monday, announced that it has increased its holding of U.S. Treasuries to 58.1% of its total portfolio while reducing its commercial paper holding to...
Bitcoin Supply on Exchanges Falls To Lowest Point in 4 Years, Further Reducing Massive Selloff Risk
– Advertisement – The percentage of Bitcoin (BTC) supply on exchanges is currently less than 9% for the first time since 2018. Despite the market turbulence, Bitcoin (BTC) has retained i...
XLM/USD’s Bullish Momentum Is Reducing
Join Our Telegram channel to stay up to date on breaking news coverage The Stellar Market was very bullish in yesterday’s market. It was towards the end of the trading session on the 28th of September...
481 Million Shiba Inu Burnt In Seven Days As More Ways Of Reducing Shib Supply Coming
– Advertisement – More ways to burn Shiba Inu On the way. Shiba Inu Community Destroyed Another 481 Million SHIB in the Past 7 Days, 61.32 Million in the Past 24 Hours as SHIB Lead Devel...
Ethereum Becomes Environmental Friendly, Reducing Worldwide Electricity Consumption by 0.2% As Merge Goes Live
– Advertisement – Ethereum successfully executes an impressive feat of engineering. Ethereum has successfully transitioned from the proof-of-work (PoW) consensus mechanism to proof-of-stak...
How Bitcoin Beats Wind And Solar In Reducing Emissions
The environmental impact of bitcoin mining has long been a topic of great debate in the community. Due to the amount of energy consumed by the high-powered computers that are required to solve complex...
Reducing Access To Home Healthcare Services Will Raise Costs And Worsen Outcomes
Man and house model calculating with calculator getty The Centers for Medicare and Medicaid Services (CMS) recent decision on home healthcare services, if implemented, will increase overall healthcare...
Five Stage Framework For Reducing Transformation Complexities
getty Growing up, we were taught about leadership through a variety of frames, figures of speech, images, and stereotypes of heroism. We learned about values such as honesty, bravery, risk-taking, sac...
Jerome Powell says the Fed is ready to ‘bring some pain’ to households and businesses. ‘These are the unfortunate costs of reducing inflation’
Trying to get record inflation to come down without triggering a recession has been the Federal Reserve’s major project this year. Though signs currently point to the possibility that high prices migh...
Will reducing US inflation from 8.3% to 2% compare to Bitcoin and Ethereum?
Inflation is one of the most important global topics of 2022, with the U.S. hitting 8.3%, the UK as high as 10.1%, and countries such as Turkey seeing figures as high as 79.6%. These figures are well ...
Incentivizing Honduran Prosperity And Reducing Migration To The U.S. Through ZEDEs
Fund investment / portfolio management for long term sustainable growth getty However devastating the Covid-19 recession was in the U.S. it pales in comparison to the economic devastation wrought in L...
Walmart Jumps Over 5% After Solid Earnings And Further ‘Progress’ Reducing Inventory Levels
Topline Shares of the nation’s largest retailer, Walmart, surged over 5% on Tuesday after the company reported revenue and profits that came in above Wall Street expectations, while management also ci...
Senator Warren proposes reducing Wall Street’s involvement in crypto
The United States Senator Elizabeth Warren is continuing her anti-crypto campaign, this time proposing legislation that would effectively shut down bank-provided cryptocurrency services, according to ...
Crypto Exchange Blockchain.com is Reducing Its Workforce by 25%
Blockchain.com has become the latest crypto company to announce mass layoffs. Earlier today, the exchange said it was cutting its workforce by 25%, or about 150 people. The whole Argentina arm of the ...
6 Smart Strategies for Reducing Retirement Taxes
SmartAsset: 6 Strategies to Reduce Your RMDs Individual Retirement Accounts (IRAs), 401(k)s and other workplace plans can help you build wealth for the future while enjoying some tax benefits. There’s...