The decentralized derivatives exchange, GMX, saw the price of its native token plummet by 20% in the past 24 hours. Even though the entire market is currently declining, there seems to be a more parti...
Tag: worries
Global stocks lose over $3.5 trillion during the past week on stagflation worries
Global growth seems more fragile than ever with Covid lockdowns in China, the European energy crisis, and high inflation, making it more likely for central banks to continue making policy decisions, w...
OFAC case details crypto industry’s sanction worries –
Sanctioning Tornado cash has eventually raised mixing activity on other platforms. According to the analysts, Sanctioning tornado cash has not decreased mixing activities. Tornado Cash, a fully decent...
Ethereum’s Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship – News Bitcoin News
The upcoming consensus change that Ethereum, the second largest cryptocurrency by market cap, is planning to execute in September has worried many users about the possibility of censorship happening a...
4.2 million people quit in June despite recession worries
A cooldown in the job market is underway: The number of job openings dropped in June while near-record numbers of people continued to quit and get hired into new roles, according to the Labor Departme...
Walmart warning sends stock price plunging, renews recession worries
Walmart just gave all the recession mongers on Wall Street a huge adrenaline shot in the collective arm. The world’s largest retailer slashed its second quarter and full-year profit outlooks lat...
Nvidia Stock-Price Cuts Pile Up as Street Worries Over Gaming, Crypto Risks
Text size An Nvidia GeForce RTX 3060 Ti gaming graphics card. Courtesy of Nvidia Wall Street analysts are falling over themselves slashing their projections for Nvidia. In April, Barron’s cautioned in...
Asian Stocks Mixed, Worries of a Slowing Economy and Sticky Inflation Shadow
By Zhang Mengying Investing.com – Asia Pacific stocks were mixed on Tuesday morning, and worries about a slowing economy and sticky inflation continued to weigh on the market. Japan’s Nikkei 225 gaine...
Crude Oil Price Update – Supply Worries Driven by Political Unrest in Libya, Labor Problems in Norway
U.S. West Texas Intermediate crude oil futures jumped more than 2% on Friday. The new month and quarter began on an up note as political tensions in Libya and labor issues in Norway raised concerns ab...
Celsius Lays off 150 Workers as Depositors’ Worries Begin to Mount
Embattled crypto lender, Celsius, has laid off 150 employees, representing a quarter of its workforce, according to the latest reports. Israeli news outlet Calcalist reported some of the employees lai...
Next Bitcoin Bottom At This Level If Recession Worries Continue?
After reaching a bottom of $17,774 recently, Bitcoin retraced to above $21,000 but only for a short while. In the last few days, BTC struggled to hold above the $20,000 level. As of writing, Bitcoin i...
Brits Enjoy Summer Of Festivals & Travel Before Increased Economic Worries
Glastonbury is bringing the good vibes, but the UK economic forecast sings a different song: Paul … [+] McCartney performs on the Pyramid Stage during day four of Glastonbury Festival at Worthy ...
U.S. stock futures drop as Powell testimony looms, recession worries return to the spotlight
Recession worries were back in the spotlight for Wall Street on Wednesday, with equity futures and oil prices dropping, as investors looked ahead to Congressional testimony from Federal Reserve Chairm...
Oil prices end lower to break a string of weekly gains as demand worries linger
Oil futures finished with a loss on Friday, with U.S. and global benchmark prices ending a streak of weekly gains, as investors juggled recession fears and concerns over demand. Price action West Texa...
Stocks Post Worst Week Since March 2020 Amid ‘Deafening’ Recession Worries
Topline The stock market struggled for direction on Friday after brutal selloffs in recent days, with the benchmark S&P 500 on track for its worst week since March 2020 as investors brace for a lo...
Stocks On Track For Worst Week Since March 2020 Amid ‘Deafening’ Recession Worries
Topline The stock market moved slightly higher on Friday as it attempts to rebound from a brutal selloff, with the benchmark S&P 500 on track for its worst week since March 2020 as investors brace...
For All Their Worries, Investors Are Piling Into US Stocks
(Bloomberg) — For all the talk of bear markets and a possible recession, investors continue to pile into American equities. Most Read from Bloomberg US stocks attracted $14.8 billion in the week...
SEC boss worries crypto bill undermines financial protections
A provision in the bill gives authority over some cryptocurrencies to the Commodity Futures Trading Commission Altcoins would likely be considered securities SEC isn’t looking to extend its jurisdic...
Lucid shares slump as worries around EV sector grow
Shares of electric vehicle (EV) startups saw selling pressure on Friday, June 3, after Tesla (NASDAQ: TSLA) CEO Elon Musk commented on job cuts. Apparently, Tesla’s CEO has a ‘super bad’ feeling about...
Stocks drop after strong jobs data renews rate worries
U.S. stocks slid Friday to close the week lower as investors weighed May jobs data that likely gave Fed policymakers a signal labor market conditions can weather a more aggressive rate hiking cycle. F...
Cardano’s Constant Declines Worries Investors; Will ADA Rise
Cardano and its new-age potential to revolutionize the blockchain ecosystem despite the prices hitting historical lows, the growth of decentralized applications and wallets holding ADA has been except...
Real estate is still hot — so how can I take advantage of the rate-hike worries? These 3 REITs let you invest in high-quality property without millions of dollars
Real estate is still hot — so how can I take advantage of the rate-hike worries? These 3 REITs let you invest in high-quality property without millions of dollars Here’s a hard lesson that many new in...
China a ‘very important customer’, says Saudi Arabia, as global oil supply worries grow
Saudi Arabia is committed to supplying crude oil to China and interested in collaborating with the world’s No 2 economy on issues ranging from climate change to curbing inflation, says the Gulf ...
Argentines turn to Bitcoin amid inflation worries: Report
Since 2016, Argentina has been engaged in a war against inflation. Caused by multiple factors, like a lack of trust in the central bank or government overspending, the depreciation of the Argentinean ...
Durability of U.S. stock- market bounce in question as inflation worries linger ahead of payrolls report
Investors took a breather this week as U.S. stocks bounced back from a weeks long selloff and the latest reading on inflation offered glimmers of optimism to those hoping for a peak in price pressures...
Oil joins tumbling commodities as China COVID spread triggers fresh demand worries
Oil prices tumbled on Monday, amid fresh worries that spreading COVID cases and more lockdowns in China will hurt demand. That has added to concerns that Federal Reserve tightening could also weaken p...
Asian markets tumble amid worries about earnings, Fed rate hike
TOKYO — Asian shares declined Monday after U.S. stocks ended last week on a tumble as global markets’ expectations for higher interest rates continued to set the tone. Japan’s benchmark Nikkei 225 NIK...
China Stocks Fall Anew; Pandemic Stirs Growth Worries, Thins Billionaire Ranks
A pedestrian walks past the Shanghai Stock Exchange in Shanghai in 2020. (Photo by HECTOR … [+] RETAMAL/AFP via Getty Images) AFP via Getty Images Bellwether China stocks fell anew in the U.S. t...
AMD stock gets an upgrade as analyst says recession worries are already priced in
Advanced Micro Devices Inc. likely wouldn’t be immune to the effects of a recession, but Northland Capital Markets analyst Gus Richard said that risk is already baked into AMD’s stock price. While he ...