The Tokenist

Year-to-date, Bitcoin is down by 65% in 2022. Since Bitcoin launched in 2009, it has been a massively profitable investment in all years except for 2014 (-58%) and 2018 (-73%). Does the 2022 downturn...

US dollar capped its losses Thursday after tumbling over 1% on the release of the FOMC meeting minutes.The US dollar regained its composure on the Fed minutes release which raised expectations that...

Credit Suisse Group (NYSE:CS) projected a $1.6 billion loss for Q4 as customers withdrew billions worth of investments and deposits, citing concerns over the bank’s health. The bank said...

GameStop Corp's (NYSE:GME) shares are down over 8% Tuesday after Bloomberg reported that investor Carl Icahn holds a short position against the retailer’s shares. The report says Icahn first...

Bitcoin mining difficulty surged 0.5% Monday, reaching a new all-time high of 36.95 trillion.According to on-chain data, the bitcoin mining difficulty soared to a new all-time high after climbing over...

TSE100 slipped 0.1% and the regional STOXX 600 slipped 0.8% Wednesday as UK inflation surged to the highest level in 41 years in October. Consumer prices in October rose 11.1% year-over-year, up from...

DeFi tokens surged as investors lost trust in centralized exchanges post FTX.After FTX/Alameda Research imploded, we are seeing a dual migration of digital assets. As bank runs threaten centralized...

US stock futures rose Friday after a cooler-than-anticipated CPI report and China's plans to ease coronavirus restrictions.US Stock futures are in the green today after Chinese authorities said they...

FTX files for bankruptcy and CEO Sam Bankman-Fried to step down from his role.After a week of increasingly catastrophic events, FTX announced it filed for Chapter 11 bankruptcy in Delaware. The filing...

CPI in October stood at 7.7% year-over-year, compared to the previous reading of 8.2%.Inflation slightly eased to 7.7% in October 2022 year-over-year, compared to the previous CPI reading of 8.2%....

October CPI Shows Inflation Eases to 7.7%The new consumer price index data for October showed that inflation stood at 7.7% year-over-year, compared with consensus estimates of 8%. Month-on-month, the...

Solana plummeted nearly 40% on the Binance-FTX deal, extending the token's losses from its ATH to 93%.Solana (SOL) is down more than 93% from its all-time high in November 2021. The token plunged...

Binance has entered into a non-binding LOI to fully acquire crypto exchange FTX.This afternoon, Changpeng Zhao (CZ) of Binance announced his company signed a non-binding letter of intent (LOI) to...

Meta's layoffs could be among the largest rounds in the recent tech job cuts and might affect thousands of employees.Shares of Facebook’s parent company Meta Platforms (NASDAQ:META) have risen...

Unique macro conditions make a post-midterm stock rally unlikely this year.Economic and political activity often seem to be tied together. Historically, S&P 500’s performance after the US...

Musk’s first week in charge allegedly saw the number of Twitter users grow to over 250 million.A recent report indicates that despite the alleged chaos Twitter faces following Elon Musk’s...