The numbers: A key measure of U.S. inflation rose just 0.2% in April to mark the smallest increase in a year and a half, aided by lower gasoline prices. There were additional hints that a surge in U.S...
Tag: Slows
Crypto Exchange Coinbase Slows Hiring Amid Market Downturn – Exchanges Bitcoin News
Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing strategy. The company’s management believes the move will allow...
Coinbase Slows Hiring Efforts Amid Market Concerns and Disappointing Q1 Numbers
In recent years, Coinbase has made a reputation as the bread-and-butter of crypto trading platforms – commanding a higher price for its services in exchange for institutional investment opportunities,...
Bitcoin Briefly Falls to $29k as Headline Inflation Slows to 8.3%
The Labor Department’s most recent Consumer Price Index (CPI) report showed headline inflation down for the first time since November 2020. Bitcoin’s price did not react kindly to the news, immediatel...
Americans Spent $5.28 Billion Less Online In April, As Ecommerce Growth Slows
Online demand for groceries remains high, despite price increases, while other categories have … [+] declined, Adobe reported. getty Ecommerce growth and online inflation slowed in April, accord...
Bill.com Stock Plummets as Revenue Growth Slows
Text size Bill.com’s financial forecasts point to slower revenue growth than in the past. Dreamstime Bill.com’s stock lost nearly a third of its value even though the bill-payment automation com...
Morgan Stanley says the S&P 500 could fall 16% in the ‘near term’ as earnings growth slows
The S&P 500 capped off its worst start to the year since 1939 with a mixed-bag of big tech earnings last week. Now, Morgan Stanley is warning investors to expect more downside ahead as earnings gr...
Will Manufacturing Ever Become Sustainable? No, But At Least Stop Doing Stupid Stuff That Slows The Regenerative Economy Of The Future
You might have noticed that everyone says they are “sustainable” these days. True statement. You cannot find any company globally that claims to be unsustainable. Every big company has an ESG function...
Robinhood to Lay Off 9% of Employees as Growth Slows
Brokerage app Robinhood is laying off 9% of its workforce, according to a statement from CEO Vlad Tenev today. Tenev called the decision “necessary,” citing a change in Robinhood customers...
EU banks’ direct banking sector exposure to Russia slows
On April 28, the Bank of International Settlements (BIS) released the international banking statistics and global liquidity indicators for the end of December 2021. Some key takeaways include that cro...
Crypto Trading Slows Down In India As New Tax Law Comes Into Effect
Trading volumes across different crypto exchanges in India have dropped by 15-55% as the new crypto tax law came into effect on April 1st. New Crypto Law Affects Trading Volumes The drop in trading v...
AVAX traders anticipate a new ATH even as Avalanche DApp use slows
Avalanche (AVAX) jumped 43.8% between March 14 and March 31 to a $97.50 daily close, which is the highest level since Jan. 5. This layer-1 scaling solution uses a proof-of-stake model and has amassed ...
RH Slows Down As Ukraine, Supply Chain, Rising Interest Rates And Inflation Create Headwinds
“You’ve got to wait for quality and we’re not going to get any bonus points for rushing right now,” … [+] said RH CEO Gary Friedman. (Photo By Liz Hafalia/The San Francisco Chronicle via Getty I...
Is the yuan a buy or sell as China economy slows?
The USD/CNY price tilted upwards for the fifth straight day as concerns about the Chinese economy escalated. The pair rose to a high of 6.35, which was substantially higher than the year-to-date low o...
Ripple Uptrend Slows Down, Is $1 Possible?
Ripple continues on a weak uptrend where the bulls seem unable to win the battle convincingly. Initially, they were able to push up the price by about 8% on Tuesday, but then the bears ramped up the s...
JD.com Stock Falls After Earnings Top Estimates but Revenue Growth Slows
Text size A JD.com distribution center in Beijing. Greg Baker/AFP via Getty Images Shares of JD.com fell in premarket trading Thursday after the Chinese e-commerce giant reported fourth-quarter earnin...
Costco stock falls as retailer’s sales pace slows
Costco Wholesale Corp. late Thursday reported quarterly results and sales that topped Wall Street expectations, but the stock headed lower as same-store sales growth slowed. Costco COST, +0.96% said i...
Layer 2 address activity slows, but Arbitrum stands against the trend
Layer two activity is cooling for most networks According to reports, Arbitrum has seen an increase in TVL and active addresses Arbitrum activity has increased by 12.7% over the past week On-chain mov...
Layer 2 address activity slows, but Arbitrum bucks the trend
On-chain activity for the leading Layer 2 networks has been declining recently, however, the Arbitrum platform is bucking the trend according to recent findings. Blockchain analytics firm Nansen has r...
dispute between Yellen and White House slows everything down
The state of play on President Joe Biden’s launch of a cryptocurrency policy in the US has been delayed due to a split between Treasury Secretary Janet Yellen and White House officials. US crypto and...
Wrapped Bitcoin Supply Slows as DeFi Demand Dwindles
The supply of wrapped or tokenized Bitcoin has stalled as the demand for decentralized finance cools amid a market-wide retreat. One consequence of the onset of a bear market and plunge in cryptocurre...
Bitcoin Slows Plunge Below $40K, What’s the Best Point for a Pullback?
Bitcoin continues to trend lower over the weekend and seems at risk of re-testing previous lows. The first crypto by market cap was rejected at mid-area north of $40,000 and was unable to muster the m...
Ethereum price analysis: ETH slows down at $2,600, another higher low set?
TL;DR Breakdown Ethereum price analysis is bullish today. ETH/USD slowly retraced over the last 24 hours. Support found around $2,600 for now. Ethereum price analysis is bullish today as we expect a r...
PayPal Growth Slows in Q4 2021, Payment Volume Reached $1.25 Trillion
According to a financial report for the quarter, PayPal growth has slowed across various metrics in Q4 2021. One major contributing factor was supply chain challenges. Financial technology company Pay...
PayPal Shares Slump as Revenue Growth Slows
Shares of PayPal (PYPL) fell more than 16% after the payments giant reported Q4 earnings that just missed analyst estimates and a slowdown in revenue growth. Total revenue rose 13% to $6.9 billion, in...
Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows – Economics Bitcoin News
Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current moneta...