In a bear market, there is always an intense focus on one issue — namely, has the market hit bottom? There has been endless debate about that issue lately, and there are compelling arguments for...
Tag: Trading
Amazon Vs. Exxon: Here’s the Winner (for Investors)
At some point, one just has to let the numbers speak for themselves. So, here is a quick factbox on Exxon (XOM) and Amazon (AMZN) earnings. 2Q22 (value in millions) XOM Earnings before interest, taxes...
Axie Infinity CEO Denies Claims Of Insider Trading; Game Token’s Value Down To Zero
Trung Nguyen, co-founder and CEO of Axie Infinity, has refuted allegations that he engaged in insider trading just before the game’s parent company, Sky Mavis, disclosed a $600 million hack. Between t...
Crypto Downturn Floods Market With Rolex and Patek Watches, Trading Platform Says – Bitcoin News
The latest troubles in the crypto space have allegedly led to an increased supply of second-hand luxury watches, according to a leading trading platform. As a result, prices of sought-after models by ...
Axie Infinity Chief Denies Insider Trading
Chief says firm was fighting short-sellers AXS Price at the time of writing – $$19.59 A wallet belonging to Nguyen shifted nearly 50,000 of the game’s native AXS token Axie Infinity prime supporter an...
KuCoin launches NFT ETF trading zone
Crypto exchange, KuCoin, on Friday, launched its NFT ETF trading zone according to an announcement on its verified Twitter handle. The exchange seeks to enhance the liquidity of NFTs through the tradi...
Brazil’s financial giant Santander announced the launch of Crypto Trading Services
Santander is ready to expand its services in the crypto trading sector. In May 2022, Nubank of brazil added a feature of crypto trading for its users. As per Local media source Folha de S. Paulo. t...
3 Healthcare Stocks With 3%+ Dividend Yields
The U.S. healthcare sector is attractive for long-term investors because the industry is set to benefit from a major growth tailwind — the aging population. The U.S. is an aging country with a v...
Ethereum [ETH] NFTs secure balance as July ends; trading volume struggles to boost
NFTs across Ethereum [ETH] marketplaces seem to have sustained steadiness as July closes. However, the entire NFT market has not fully recovered despite the uptrend in the crypto market and ETH’s upti...
Babel Finance lost over $280 million in proprietary trading with customer funds
Babel Finance, the troubled Asian crypto lender that abruptly halted client withdrawals last month, suffered heavy losses due to proprietary trading with customer funds, according to its restructuring...
BIB Exchange – Revolutionary Force Towards Crypto Trading Opportunities
Place/Date: – July 29th, 2022 at 1:47 pm UTC · 3 min read Contact: BIB Exchange, Source: BIB Exchange Photo: BIB Exchange Since the innovative idea of blockchain sprung up two decades ago in its...
FTX US Opens Stock Trading for American customers
FTX US has announced that users based in the US will get access to stock trading services. The services will be available top FTX users located across all 50 US states as part of an effort by FTX US t...
Industrious Investing: 3 Industrials With 3% or Higher Dividend Yields
Industrials offer a good source of long-term dividend growth and supply a surprisingly large number of stocks with very long histories of raising dividends. In fact, 13 of the 65 Dividend Aristocrats ...
Ethereum NFT Sales Hold Steady in July as Trading Volume Sinks Further
In brief Leading marketplace OpenSea has posted small month-over-month gains in total NFTs sold and unique users. However, overall USD sales volume has declined. Data suggests that NFT trading across ...
Bitcoin Rises 19% in July in Best Trading Month Since Last Year
Bitcoin may be down over 65% from its November 2021 all-time high of just above $69,000, but it’s having a sterling July: the biggest cryptocurrency is up 19% in the past 30 days and is set to have it...
Babel Finance Lost Over $280 Million of Customer Funds to Risky Trading, Eyes Fundraising
Struggling crypto lender Babel Finance lost over $280 million of customers’ funds in trading. The crypto lender, which stopped withdrawals last month, lost 8,000 Bitcoins and $56,000 ETH last month du...
Santander to Roll Out Crypto Trading Services in Brazil
Banco Santander S.A., the Brazilian subsidiary of the Spanish Santander Group, is reportedly eyeing the launch of crypto trading for its clients, per local media publication Folha de S. Paulo. Speakin...
Babel Finance Reportedly Lost $280M Trading Bitcoin and Ethereum
7 hours ago | 2 mins read Defi News As of July 2022, the deck claims that the company lost 8k BTC and 56k ETH in June. The wallet management staff allocated the funds to trading accounts. Four large c...
Axie Infinity CEO Denies Accusation of Insider Trading
Trung Nguyen – Co-Founder and CEO of Axie Infinity – said the accusations against him of being engaged in insider trading are “baseless and false.” However, he admitted transferring $3 million worth o...
SEC Chairman Publishes Video Outlining Plan to Regulate Crypto Trading Platforms – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has published a video explaining how the agency plans to regulate crypto exchanges. “I’ve asked our staff to work direc...
FTX US to Make Fractional Stock Trading Free
The app launched with 970 stocks, ETFs and American depository receipts available for trading FTX US hopes to allow users to trade stock options on the app in the future The majority of trades on cryp...
Solana Appreciated After Latest Development, What Are The Next Trading Levels?
Solana soared in double digits over the last 48 hours. The coin touched the $43 mark before it started to retrace on its chart again. In the last 24 hours, SOL just lost 0.1% of it value and stuck to ...
Santander Brazil to launch cryptocurrency trading platform
Earlier in March, the company announced the launch of token-backed loans for Argentinian farmers. The deal was facilitated in conjunction with the S.American agri-commodities tokenization platform Ag...
Here’s How Far Apple Stock May Rally on Earnings
Apple (AAPL) – Get Apple Inc. Report is turning heads and giving bulls something to cheer for on Friday. While shares are up “just” 3.3% so far on the day, it’s a nod that the bulls needed. Ama...
Bad News Gives Intel a Black Eye, But It’s No K.O.
We wrote a story on Intel (INTC) on June 8 with a headline of ” Intel is Putting Its Negative News Behind It,” and concluded that, “I learned early in my career to pay attention whe...
What Intel’s Disastrous Earnings Tell Us About the Chip Sector and Competitors
What a disaster. We’re talking about Intel (INTC) June-quarter results. The company not only delivered a disappointing quarter but reset its 2022 guidance meaningfully lower, putting its shares ...
Babel lost over $280M trading with customer funds; wants to raise up to $300M
Embattled crypto lender Babel Finance lost over $280 million while trading with customer funds, The Block reported July 29, citing the firm’s restructuring proposal deck. The report said that Babel Fi...
ETC holders trading without system can consider these metrics
Ethereum Classic [ETC] may be on its way to another triple-digit gain. About two weeks back, the six-year-old cryptocurrency hit a three-digit profit within one week. During that time, ETC jumped a wh...
The Bulls Are Fighting the Fed. That Might Be a Mistake
Have we finally reached a point where investors can buy stocks without fear? The answer doesn’t depend on how you define a recession, but on where you believe the economy is headed next. The mar...