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In Business

Gold Slides Through Support As US Bond Yields Nudge Higher Ahead Of The FOMC

31 Jan 2023

The US dollar is picking up a small bid ahead of the eagerly awaited FOMC rate decision tomorrow, aided by a move higher in US Treasury yields. A 25 basis point r...

In Business

US Gov’t $1.5T Debt Interest Will Be Equal 3X Bitcoin Market Cap In 2023

29 Jan 2023

The U.S. will pay over $1 trillion in debt interest next year, the equivalent of three or more Bitcoin market caps at current prices.

Commentators believe t...

In Business

WTI Oil Advances To The 100-Day MA; Breakout Or Retracement Imminent?

23 Jan 2023

WTI FUNDAMENTAL OUTLOOK

Crude Oil enjoyed a bounce following the European open this morning buoyed by a weaker dollar. The Asian session sa...

In Business

Bitcoin Miners’ Worst Days May Have Passed, But A Few Key Hurdles Remain

23 Jan 2023

A handful of improving metrics show profit margins slowly improving for Bitcoin miners, but key areas of the sector remain under pressure.

Bitcoin’s mining...

In Business

Crypto Lender Genesis Files For Chapter 11 Bankruptcy

20 Jan 2023

Crypto lender Genesis Global has become the latest firm to throw in the towel following the collapse of FTX, filing for Chapter 11 bankruptcy protection in New Yo...

In Business

How Crypto Tokens (but Not Bitcoin) Will Outperform Stocks In 2023 — Arca’s CIO Explains

16 Jan 2023

Some cryptocurrencies will perform better than stocks in 2023 as they become less sensitive to macroeconomic factors, according to Arca’s chief investment officer...

In Business

Coinbase To Close Majority Of Japan Operations Following Global Layoffs: Report

11 Jan 2023

Vice President of International and Business Development, Nana Murugesan, said that the firm decided to “wind down” the majority of its operations in Japan.

In Business

NY Law Firm Investigates Potential ‘securities Fraud’ At Core Scientific

10 Jan 2023

The investigation was prompted by a report from Culper Research, which alleged that Core Scientific had “wildly oversold” its mining and hosting businesses.

In Business

Coinbase To Cut Another 20% Of Its Workforce In The Second Wave Of Layoffs

10 Jan 2023

Crypto exchange Coinbase announced a further restructuring plan that involves reducing its workforce by 950 employees to cut operational costs amid the bear marke...

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