Crypto prices rose over the past week as equities fell on a plethora of negative news. Bitcoin was changing hands for $16,910 at 7:30 a.m. EST, according to data via TradingView. The leading cry...
Tag: Woes
Genesis Cuts Staff by 30% as Financial Woes From FTX Fallout Persist
Genesis Trading today announced massive cuts to its workforce in an effort to reduce costs at the ailing institutional crypto firm. The company did not provide precise numbers, but sources close to t...
Genesis CEO Requests Extra Time to Resolve Lending Woes
Alex Dovbnya Genesis, a leading digital asset management company, has issued a letter from its interim CEO Derar Islim regarding the issues faced by its lending arm Genesis, a subsidiary of the Digita...
5 Stats That Highlight Milwaukee Bucks Turnover Woes
NEW ORLEANS, LOUISIANA – DECEMBER 19: Jrue Holiday #21 of the Milwaukee Bucks steals the ball from … [+] Jose Alvarado #15 of the New Orleans Pelicans during the first half at the Smoothie...
Gemini Accuses DCG of Being Behind Genesis’ Woes ⋆ ZyCrypto
Advertisement     Gemini’s co-founder Cameron Winklevoss wrote an open letter Tuesday accusing Barry Silbert, CEO of DCG, the parent company of Genesis trading, of cau...
Crypto Mining Firm Bitfarms CEO Steps Down Amid Bear Market Woes
15 seconds ago | 2 mins read Bitcoin News Geoffrey Morphy is promoted from president and COO to CEO. Bitfarms was established in Canada in 2017 by Grodzki and Nicolas Bonta. Bitfarms’ CEO, Emiliano Gr...
Flight Cancellations Top 10,000 As Feds ‘Examine’ Airline’s Historic Winter Storm Woes
Topline Following a chaotic holiday travel weekend, shares of Southwest Airlines plunged Tuesday morning as the carrier faced backlash over thousands of flight cancellations spurred by one of the wors...
Argentine Peso Plunges to a 5 Month Low Amid Legal and Political Woes – Economics Bitcoin News
The Argentine Peso has experienced a sudden fall vs the U.S. dollar, falling to a 5-month low in its blue rate, one of the many parallel exchange rates of the country. The reasons for this fall, besid...
Chinese Stocks Slump as Covid Woes Outweigh Policy Push
(Bloomberg) — Chinese stocks slid as growing disruptions from Covid outbreaks hurt sentiment, offsetting the boost from a key policy meeting where authorities pledged growth support. Most Read f...
Lululemon Drops Most Since 2020 on Inventory, Profit Woes
(Bloomberg) — Lululemon Athletica Inc. shares fell the most since the start of the pandemic after lower-than-expected profitability raised concerns about a pileup of inventory and the yogawear m...
Can Polygon’s series of updates help MATIC get rid of its year-end woes
Polygon announced its partnership with Warner Music Group and yet-to-launch music NFTs platform LGND Music. The network confirmed that it commenced the first batch of one-third vesting and distributio...
Could Trading NFTs Be the Answer to Uniswap’s Revenue Woes?
Almost half a year after Uniswap Labs acquired NFT marketplace aggregator Genie, the largest decentralized exchange revealed today that NFT trading will now be made available to all users on its platf...
HSBC share price retreats amid China woes: is it a buy?
The HSBC (LON: HSBA) share price has been in a slow recovery mode in the past few weeks. It rose to a high of 493p last week, up from the year-to-date low of 435p. The stock remains about 12% below th...
Shell share price analysis amid oil market woes
Shell (LON: SHEL) share price has come under intense pressure as the crude oil market faces elevated risks. The stock plunged to a low of 2,300p, which was about 10% below the highest level this month...
Oil Prices Plunge As Economic Woes Intensify—Here’s Why That Means Gas Prices Could Soon Fall Below $3 Per Gallon
Topline Oil prices plummeted to 10-month lows Monday morning after stark warnings from Chinese officials shed light on the nation’s increasingly worrisome Covid outbreak—highlighting the uncerta...
Bitcoin mining difficulty reaches all-time-high despite slump in price, FTX woes
Bitcoin mining difficulty rose 0.51% to an all-time-high in Monday’s biweekly adjustment, according to BTC.com, despite the price of Bitcoin falling more than 22% in the past two weeks. See related ar...
GBTC Bitcoin discount nears 50% on FTX woes as investors stock up
The largest Bitcoin (BTC) institutional investment vehicle is coming under suspicion as it trades at a record discount. The Grayscale Bitcoin Trust (GBTC) is the latest Bitcoin industry entity to feel...
On-Chain Metrics Suggest Crypto Is Nearing the Bottom of the Bear Market Despite Recent Price Woes: IntoTheBlock
Certain on-chain metrics indicate crypto could be nearing the bottom of the bear market, according to the analytics firm IntoTheBlock. Lucas Outumuro, head of research at IntoTheBlock, notes in a new ...
Market Rally Holds Key Levels, But This Has Been Difficult; Tesla Woes Continue
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. X The stock market rally generally lost ground this past week, but the major indexes found support at key...
Bitcoin price dips to $16.4K over Genesis woes as execs defend GBTC
Bitcoin (BTC) fell to intraday lows after the Nov. 16 Wall Street open as the FTX scandal appeared to claim another victim. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Genesis Trading ...
DeFi TVL Tanks 20% Following Crypto Market Woes
Decentralized finance (DeFi) has felt the impact of the market crash that happened on Wednesday. The space which had already been struggling due to low interest had seen its total value locked (TVL) t...
Looking Into Thunder Guard Lu Dort’s Shooting Woes
OKLAHOMA CITY, OKLAHOMA – OCTOBER 06: Luguentz Dort #5 of the Oklahoma City Thunder warms up before … [+] his game against the Adelaide 36ers at Paycom Center on October 06, 2022 in Oklaho...
Asia’s Former Richest Woman Sees Wealth Demolished By China’s Property Woes
This story appears in the November 2022 issue of Forbes Asia. Subscribe to Forbes Asia Country Garden’s Fengming Haishang residential development in Shanghai. Qilai Shen/Bloomberg This story is part o...
FTT, SOL, APT tank over FTX insolvency woes
The “crypto feud” between Changpeng ‘ Zhao (CZ) and Sam Bankman-Fried (SBF) took a turn for the worse on Nov. 8 — culminating in the biggest bull trap in recent memory. Since Nov, 6, when CZ tweeted B...
Is Crypto to Blame for Tech Companies’ Woes?
As tech executives are forced to account for tumbling revenues to investors, a new scapegoat has emerged: crypto. Philipp Schindler, Google’s chief business officer, blamed the company’s growth slowdo...
Bitcoin Miner Argo Blockchain Loses More Wall Street Bulls After Financial Woes
“If indeed it can secure the financing to negotiate a power purchase agreement [PPA], we believe Argo’s flagship Helios facility could be better monetized,” Canaccord analyst Joseph ...
A Quarter of Americans Say Inflation, Economy Woes Sparking Interest in Crypto, Poll Finds
Of the 2,000 voters surveyed by Grayscale (which, like CoinDesk, is owned by Digital Currency Group), 37% said they would factor candidates’ policy positions on crypto before casting a vote. However, ...
Bitcoin Risks Major Selloff as Miner Woes Continue
Key Takeaways Bitcoin mining company Argo Blockchain announced today it may have to wind down its operations.. Core Scientific, a rival operation, declared last week it could face bankruptcy. If adver...