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After two years since it was first proposed, the European Union’s comprehensive crypto regulation passed a preliminary vote in the European Parliament. Combined with the Markets in Crypto Assets...
Meta Platforms Inc (NASDAQ:META) is expected to unveil its latest VR headset and other new metaverse features at the Meta Connect 2022 conference.Shares of Meta Platforms fell around 4% on Friday...
The stock markets in Asia are down Monday after Chinese tech and chipmaker equities declined on the new export rules by the U.S. Department of Commerce. The drop sent Hong Kong’s Hang Seng index...
OPEC+, a group of 24 OPEC and non-OPEC oil producers, announced sharp output cuts Wednesday in a bid to facilitate the recovery of crude prices. The move comes despite calls from Washington to raise...
Despite uprade tailwinds, ETH demand is lacking to carry it over the Merge.Since Ethereum’s Merge was successfully finalized on September 15, ETH went down -17%, compared to BTC at –2.3%...
According to a new report, the global crypto payment app market is projected to grow to $2.15 billion from 2022 to 2030 at a CAGR of 16.6%.The global crypto payment app market cap is expected to hit...
Shares of the U.S. electric carmaker Rivian (NASDAQ:RIVN) are surging on Tuesday after the company reported it produced more than 7,000 vehicles in Q3, the highest it managed so far in a single...
Bitcoin rallied in spite of concerns in broader markets Investors have their eyes peeled for the so-called “Fed pivot” Markets appear to have begun pricing in negative developments in the...
Executives have reassured employees of Credit Suisse's "strong capital base and liquidity position."Over the weekend, Credit Suisse Group (NYSE:CS) raised global concerns over its financial stability....
More than 12,100 cryptocurrencies have periods of no trading volume amid 2022's bear market, according to data provider Nomics.More than 12,000 cryptocurrencies have recorded no trading volume this...
The Treasury's FSOC convened on Monday to issue an improved framework for the future of digital assets regulation.Following a meeting of the Treasury’s Financial Stability Oversight Council...
Meta has announced cost cuts and restructuring plans for the first time in 18 years.Meta, the parent company of Facebook (NASDAQ:META), Instagram, and WhatsApp, has become the latest tech company to...
Inflation in the euro area hit a new all-time high of 10% in September, driven by colossal energy and food costs.According to Eurostat data, inflation in the Eurozone surged to a new peak of 10% in...
Short bets against the pound increased by 17% in the first half of September as Truss became PM.Hedge funds have significantly increased their short positions against the pound since Liz Truss became...
The BoE has postponed the planned sale of UK government bonds amid uncertain market conditions.To stabilize the markets, the Bank of England plans to buy long-dated bonds and postpone the planned...
Fund manager, BlackRock believes the Fed is driving the economy into a recession that would cost 3 million jobs.The US Federal Reserve is on the fastest rate hiking cycle in more than 40 years. Just...
Sam Bankman-Fried is allegedly eying Celsius just hours after it was announced that FTX won the Voyager bid.Less than a day after it was announced that FTX won the bid for Voyager Digital’s...