Failed crypto company FTX announced today that its affiliate Alameda Research is suing asset manager Grayscale Investments in a bid to unlock investments that it says are being improperly withheld fro...
Tag: Shares
Stripe Faces $3.5 Billion Tax Bill as Employees’ Shares Expire
(Bloomberg) — Stripe Inc., one of the world’s most valuable startups, told investors it plans to use money it receives in its latest round of fundraising to help cover a roughly $3.5 billion tax...
Partners Leave Board, Shares Drop Sharply
Silvergate was no longer in great shape after a series of partners confirmed breakups, driving shares down sharply. Is it the end game for the crypto-friendly bank? Coinbase announced on Thursday that...
Analyst Shares His Thoughts About BTC’s Weekend Performance
BTC is currently trading hands at $22,401.71 after a 0.07% increase in price. According to Michael van de Poppe, BTC’s price has been boring since its correction. If the BTC price drops below $21.5K, ...
Silvergate terminates crypto payments network as shares plunge to record low
Crypto bank Silvergate has discontinued its digital assets’ payment network because it is a “risk-based decision.” The announcement comes after the bank’s stock fell over 59% last week due to fears of...
Deaton Shares Top Reason Why He Joined Ripple Case on Behalf of XRP Holders
The attorney says XRP holders and developers are not in the same situation as Ripple. Attorney John E. Deaton has disclosed the primary reason why he fought to join the United States Securities and Ex...
TerraCVita To Launch a LUNC Wallet, Shares Terraport Progress
The development group assured the community that the wallet’s development is not impacting the progress of the much-anticipated Terraport project. TerraCVita, an autonomous Terra Classic development g...
Silvergate Bank Terminates Crypto Payments Network as Shares Plunge to Record Low – Featured Bitcoin News
Silvergate Bank has discontinued its cryptocurrency payments network. The decision to shut down Silvergate Exchange Network followed the withdrawal of banking relationships by several major cryptocurr...
Silvergate warns investors it may not survive the year, shares drop 30%
Struggling Silvergate Capital, owner of crypto-friendly bank Silvergate, has warned investors that it expects to record further losses for 2022 that have significantly impacted its “ability to continu...
Ocado business model is broken: should you buy its shares?
Ocado (LON: OCDO) share price recoiled on Thursday as the fallout of its weak earnings continued. The stock plunged to a low of 515p, the lowest point since November. It has plunged by more than 35% f...
Cardano Builder Shares Progress Made in February, Here’s What Happened
Tomiwabold Olajide IOG began facilitating formation and bootstrapping of Cardano working groups in February Cardano builder Input Output Global (IOG) shares a recap of milestones reached in February i...
Analyst shares strategies to revive crypto portfolio in 2023
The crypto market is bracing against the effects of the 2022 bear market. However, 2023 seems to be better. Adrian Zdunczyk, founder of Birb Nest and a chartered market technician, has spoken about th...
Persimmon Shares Tank 11%, Builder Becomes FTSE 100’s Biggest Faller
Photo by Matt Cardy/Getty Images Getty Images Homebuilder Persimmon led the FTSE 100 lower on Wednesday as it released a gloomy trading assessment for the new year At £12.95 per share the company was ...
Aston Martin shares surge on profitability forecast for 2023
The exterior of an Aston Martin store. Jeremy Moeller | Getty Images News | Getty Images LONDON — British luxury carmaker Aston Martin Lagonda forecasts better profitability this year, after widening ...
Vitalik Buterin Shares Experience Using Crypto as Payment
44 seconds ago | 2 mins read Altcoin News Buterin offered several recommendations for expanding the use of cryptocurrencies. The Ethereum co-founder also addressed the problem of delayed transactions....
Marqeta shares dive as first-quarter forecast comes up shy of expectations
Shares of payments-tech provider Marqeta Inc. MQ fell sharply after hours on Tuesday after the company forecast first-quarter sales growth that came in slightly below estimates. The company, whose tec...
Norwegian Cruise Line shares fall after Q4 earnings report
A view of the Norwegian Encore cruise ship during its inaugural sailing from PortMiami, which took place from Nov. 21-24, 2019. Orlando Sentinel | Tribune News Service | Getty Images Norwegian Cruise ...
Twitter Analyst Shares Top 7 Upcoming Token Unlocks for March
Technical Crypto Analyst shared 7 token unlocks that will take place in March 2023. HBAR’s and ACA’s token unlocks will both take place on 1 March 2023. BIT, APT, APE, DYDX, and IMX will also run toke...
Asian shares follow Wall Street lower after stronger-than-expected data
BANGKOK (AP) — Shares fell Monday in Asia after Wall Street benchmarks closed out their worst week since early December. U.S. futures edged higher while oil prices fell. Reports on inflation, the jobs...
Asian shares track Wall Street decline on hot economic data
BANGKOK (AP) — Shares fell Monday in Asia after Wall Street benchmarks closed out their worst week since early December. U.S. futures edged higher while oil prices fell. Reports on inflation, the jobs...
Ripple CTO Shares Email That Started It All
Alex Dovbnya The sharing of an email exchange from 2011 by Ripple CTO David Schwartz sheds light on the early days of Ripple and the talent acquisition process that brought him to the company In a rec...
Cathie Wood’s Ark Invest acquires more Coinbase shares for ETFs
Cathie Wood has resumed purchasing shares of Coinbase (COIN) for her firm’s exchange-traded funds, after having also bought them earlier this week. Ark added a total of 150,192 COIN share...
Ripple CTO Shares Email That Led to His Entry in Ripple
According to a shot shared by Schwartz, the application email was directed to Jed McCaleb, co-founder of Ripple. David Schwartz, Chief Technology Officer at Ripple, recently shared the email exchange ...
Block’s Shares Jumped 7% Despite Declining Q4 Bitcoin Revenue
Block (formerly known as Square) – an American multinational technology conglomerate founded by Jack Dorsey – disclosed $1.83 billion of bitcoin revenue generated from its Cash App payment service in ...
Carvana Shares Plunge on Quarterly Loss, Analyst Warnings
(Bloomberg) — The walls are closing in on online used-car dealer Carvana Co., whose disappointing quarterly results sent the stock into freefall Friday and triggered a string of warnings from an...
Beyond Meat Q4 earnings beat estimates, sending shares up 15% in after-market trading
Beyond Meat (BYND) reported fiscal fourth-quarter and full year 2022 earnings results that slightly beat Wall Street estimates Thursday, sending shares higher, up more than 15% in after-market trading...
Beyond Meat shares pop 15% despite a Q4 loss
Beyond Meat Inc (NASDAQ: BYND) gained about 15% in extended trading on Thursday after reporting market-beating results for its fourth financial quarter. Beyond Meat shares up on encouraging guidance T...
Lantheus Shares Jump On Upbeat 2023 Guidance, Q4 Earnings Surpass Expectations
Lantheus Holdings Inc (NASDAQ: LNTH) reported Q4 revenue of $263.2 million, compared with $129.6 million for the fourth quarter of 2021, representing an increase of 103.1% Y/Y, beating the consensus o...
Chip Maker Nvidia Shares Soar 14% As Imaginations For AI Future Run Wild
Topline Nvidia stock skyrocketed Thursday after the Silicon Valley chipmaker smashed on earnings and boasted about its ability to cash in on the artificial intelligence craze, but one analyst says Nvi...
Rolls-Royce shares soar after annual results crush expectations
Rolls Royce Trent XWB engines, designed specifically for the Airbus A350 family of aircraft, are seen on the assembly line at the Rolls Royce factory in Derby, November 30, 2016. Paul Ellis | Reuters ...