The Lebanese pound’s fall to its lowest ever versus the U.S. dollar, 80,000 to 1, has piled more misery on residents whose local currency-denominated savings have been decimated by inflation. The ongo...
Tag: Torched
Torched Stocks Are About the Only Thing Working in Fed’s Favor
(Bloomberg) — Inflation shows few signs of cooling in the economy. The same cannot be said of markets, which are starting to seem like the only thing the Federal Reserve has going for it these d...
Many Crypto Traders Are About To Get ‘Torched’ and Completely Misjudge the Market, Warns Top Analyst
A top crypto analyst warns that many traders are about to pay heavily for misreading the current market meltdown. Pseudonymous trader Altcoin Psycho tells his 457,000 followers that trying to use 2018...
$5,860,000,000 Worth of Ethereum (ETH) Torched Since Hard Fork Upgrade: Insights Firm IntoTheBlock
A leading crypto intelligence firm is revealing the amount of Ethereum (ETH) torched since the rollout of the London hard fork in August. IntoTheBlock says that the leading smart contract platform has...