The International Monetary Fund has warned of further turbulence ahead for financial markets, particularly as governments around the world shift gears into recovery mode. Central banks’ moves to...
Tag: Sees
Polygon (MATIC) sees a strong oversold bounce after $250B crypto market rebound
Polygon (MATIC) emerged as one of the best performers among high-ranking cryptocurrencies on Jan. 26 as the price rose nearly 17% to reach an intraday high at $1.825. The gains surfaced amid a synchro...
Morgan Stanley sees a 60% upside
DraftKings Inc (NASDAQ: DKNG) went up 15% in the stock market on Wednesday after Morgan Stanley said it was “too big an opportunity to ignore” in the wake of the recent sell-off. DraftKings upgraded t...
Why The IRS Sees “Mountains Of Fraud” In Crypto And NFTs
As it grows, the crypto industry and its sectors attract more attention from regulators and political actors. In the United States, this industry seems poised for more hostility from the current admin...
Putin pumps the brakes on Russian Central Bank’s push to ban crypto, sees future in mining
advertisement Russian President Vladimir Putin is not totally on board with the Central Bank of Russia’s recent call to ban cryptocurrency in the country. In a January 26 video conference, Puti...
South Korea Sees Record FX Trading Demand in 2021
The foreign exchange (forex) volume traded by the South Korean banks touched a record high in 2021, with the average daily figure at $58.31 billion, according to the data published on Wednesday by the...
CMC Markets Sees Near Record Client Money in Q3
CMC Markets (LSE: CMCX) released a trading update of its performance between October and December, which is the third quarter of the ongoing fiscal. It highlighted that client money and asset under ad...
China’s Vaping Queen Sees Fortune Plunge 65% After Chinese Government Probe
Chu Lam Yiu, co-chair of Huabao International. IMAGINECHINA Chinese e-cigarette billionaire Chu Lam Yiu is under investigation from Chinese authorities, causing shares of her company, Hong Kong-listed...
South Korea’s Digital Won Project Sees First Trial Stage Completed
In a press release issued on Monday, the Bank of Korea (BOK) said that it has completed the first stage of its Central Bank Digital Currency (CBDC) or Digital Won trials. Many central banks worldwide ...
Market Sees First Week of Crypto Investment Product Inflows for 2022
Digital asset investment products experienced inflows last week for the first time this year, according to the latest CoinShares data. While only amounting to $14.4 million in inflows, this past week ...
OpenSea Bug Sees Bored Ape Yacht Club NFT Sell For $1,700
An exploit on NFT marketplace OpenSea enabled one buyer to purchase Bored Ape Yacht Club (BAYC) NFTs for tens of thousands of dollars less than the collection’s floor price. BAYC #9991 owner Tba...
Solana sees Network Instability Amid Crypto Volatility
Solana was hit by instability due to excessive duplicate transactions, according to Jan 22, 2022, according to Bloomberg, citing the notice on the blockchain network’s website. Solana, one of the larg...
MATIC executes classic bull trap as it sees major correction after minor recovery
Polygon’s native token MATIC has been steadily losing value since its recent rejection at the $2.42 level of resistance. The $2.12 level of support was seen as an area of significance, but MATIC had d...
Schlumberger Q4 Earnings Beat, Sees ‘Favorable’ 2022 Oilfield Service Fundamentals
Oilfield service leader Schlumberger’s (SLB) fourth-quarter earnings beat analyst expectations Friday, following a mixed report from Baker Hughes (BKR) Thursday. BKR stock briefly cleared a buy ...
Jefferies Sees the NFT Market Reaching More Than $80B in Value by 2025
The convergence of the digital and physical worlds is taking shape, with non-fungible tokens (NFTs) allowing brands to expand their reach into “digitally-enabled experiential tie-ins,” investment bank...
ADA Ecosystem Sees Huge Boost As First Decentralized Exchange On Cardano Finally Goes Live ⋆ ZyCrypto
Advertisement     Cardano (ADA) has been experiencing quite a lot of buzz lately as most crypto-assets continue to waver. The price of ADA is up about 10% in the last ...
Bitcoin Still Around $42K, Cardano (ADA) Sees 20% Correction in 2 Days
Bitcoin’s consolidation of around $42,000 continues as the asset is still unable to break above that level. Most altcoins are slightly in the green on a daily scale, except for Cardano. ADA has lost 2...
BNY Mellon Sees Meaningful Revenue In Crypto by 2023 Post Clear Regulations
Bank of New York Mellon is optimistic about a meaningful revenue ticking from its crypto services. On Tuesday, January 18, the bank’s chief financial officer Emily Portney said that the bank is collab...
Ford Sees $8.2 Billion Gain on Its Investment Following Rivian’s IPO
(Bloomberg) — Ford Motor Co. expects to record a gain of $8.2 billion in the fourth quarter on its investment in Rivian Automotive Inc. after the electric-truck maker’s blockbuster initial publi...
Goldman CEO says he sees ‘real wage inflation everywhere’ after 33% jump in pay expenses
People walk along Wall Street in the rain on July 08, 2021 in New York City. Spencer Platt | Getty Images Wall Street firms are playing catch up with employee compensation, boosting pay in the second ...
Pantera’s new venture fund sees $1 billion in total commitments
Pantera, a crypto investment firm, is preparing to raise more than $1 billion for a new venture fund, according to an email distributed on Tuesday. The firm — which has backed crypto projects and comp...
Netflix price forecast: BofA Securities sees a 45% upside
Shares of Netflix Inc (NASDAQ: NFLX) have tanked more than 25% in two months, but Bank of America Securities says the stockholders are in for a treat in the coming months. Schindler explains why he’s ...
Dogecoin sees a brief rally, but here’s what it needs for a recovery
Dogecoin fell beneath an area of demand, but just as it appeared poised for further losses, the price bounced from a level of support that was last tested in April of the previous year. At the time of...
Oil is at a 7-year high, but Exxon CEO Darren Woods sees lower trend
Darren Woods, CEO, ExxonMobil Michael Newberg | CNBC Oil prices rose to a seven-year high Tuesday amid ongoing supply concerns and escalating tensions in the Middle East, but Exxon Mobil CEO Darren Wo...
Bank of America says 5G ‘comes alive’ in 2022 — it sees big upside potential for 3 smaller-name stocks that could give you a piece in a pivotal year
Bank of America says 5G ‘comes alive’ in 2022 — it sees big upside potential for 3 smaller-name stocks that could give you a piece in a pivotal year 2021 turned out to be a great year for many 5G stoc...
Qatar’s Spruced Up Airport Sees Spending Surge As Soccer World Cup Nears
Luxury firsts for Qatar’s hub at Viale di Lusso. Hamad International Airport Hamad International Airport (HIA) in Qatar managed to lift retail sales per passenger by 70% last year (versus 2019) ...
The RealReal’s 2022 Luxury Resale Report Sees Outsized Demand For Vintage Products
Luxury resale platform The RealReal released its 2022 report, which finds the appetite for vintage … [+] products on the rise across categories. Courtesy of The Real Real Vintage is more than vi...
Dogecoin Sees Monthly High Following Tesla News (Market Watch)
Bitcoin failed at conquering $44,000, and the subsequent rejection drove it south by $2,000. Most altcoins are also well in the red today, with Dogecoin being among the few exceptions. DOGE jumped by ...
Dogecoin Surge Sees Short Traders Lose $8M After Tesla Store Addition
In December, the Dogecoin Foundation, a nonprofit organization that oversees developments on the network, introduced a roadmap for the project’s revival and rebrand from a mere joke cryptocurrency to ...
El Salvador’s BTC Sees An Erosion Of Values Worth $12 Million In Public Funds
El Salvador was the first nation that had decreed that Bitcoin was a legal currency. However, the move has not been very successful in the country, and things are turning to worse in 2022 with the val...
Fed’s Harker calls for ‘action on inflation,’ sees 3 or 4 rate hikes
Philadelphia Fed President Patrick Harker said Thursday he foresees three or four interest rate hikes this year as likely to fight inflation. His thinking, outlined in a live interview on CNBC’s...