Krypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens

Equity markets began the day in the red following the latest corporate earnings reports from some of the worlds largest firms, including Microsoft. The tech giants recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments,…

Jim Cramer Says Avoid Crypto, Stick With Gold for ‘Real Hedge’ Against Inflation and Economic Chaos

Der Gastgeber von Mad Money, Jim Cramer, has advised investors to avoid crypto and stick with gold if theyseriously want a real hedge against inflation or economic chaos.He added that bitcoin is too volatile to use as a currency….

US Government Seizes $700 Million in Assets From Disgraced FTX Co-Founder Sam Bankman-Fried

Federal prosecutors have seized $697 million in assets, mostly comprised of more than 56 million Robinhood shares worth $526 Million, from FTX co-founder Sam Bankman-Fried. Court filings detailed that the U.S. government seized a series of bank accounts belonging to Bankman-Fried,…

US Government Seizes Robinhood Shares Linked to FTX Founder Sam Bankman-Fried

Die USA. Department of Justice (DOJ) is in the process of seizing Robinhood shares, worth about $460 Million, that are linked to former FTX CEO Sam Bankman-Fried (SBF). “We believe that these assets are not property of the bankruptcy estate or

Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading

Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec. 27, as the company expects to make an announcement on Wednesday, Dez. 28, 2022. The company’s stock has lost 96.34% year-to-date and on Dec….

JPMorgan: Krypto ist eine nicht vorhandene Anlageklasse für die meisten großen institutionellen Anleger

A strategist at global investment bank JPMorgan says crypto is effectively nonexistent as an asset class for most large institutional investors. “The volatility is too high, the lack of an intrinsic return that you can point to makes it very challenging,”…

Coinbase erhält behördliche Genehmigung für den Betrieb als Anbieter virtueller Asset-Dienste in Irland

Coinbase hat bekannt gegeben, dass es die behördliche Zulassung als Anbieter virtueller Asset-Dienste erhalten hat (VASP) In Irland, Laut einem im Dezember veröffentlichten Blogbeitrag des Unternehmens. 21. Nach Angaben des Unternehmens, Coinbase wurde von der irischen Zentralbank genehmigt, was bedeutet…

Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’

According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 Milliarde. The news Armstrong shared comes at a time when the general public is looking directly at exchange balances following FTXs turbulent

Support for Ripple Grows in SEC Lawsuit Over XRP — CEO Says ‘It’s Unprecedented’

Support for Ripple Labs in its fight against the U.S. Wertpapier- und Börsenkommission (SEK) over xrp has grown, mit 12 amicus briefs filed. “Es’s unprecedented,” Ripple CEO Brad Garlinghouse said, adding that each brief explains in its own unique way

Binance CEO Sees No Threat to Crypto From Central Bank Digital Currencies — Says CBDCs Will Validate Blockchain Concept

The CEO of cryptocurrency exchange Binance does not see central bank digital currencies (CBDCs) as a threat to cryptocurrencies, like bitcoin and ether. “It will validate the blockchain concept so that anybody who still has concerns about the technology will say:…