Search Results for: nasdaq

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

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Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s 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

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The host of Mad Money, Jim Cramer, has advised investors to avoid crypto and stick with gold if they “seriously 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

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Federal prosecutors have seized $697 million in assets, mostly comprised of more than 56 million Robinhood shares worth $526 milijonov, 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,…

Vlada ZDA zaseže delnice Robinhooda, povezane z ustanoviteljem FTX Samom Bankman-Friedom

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ZDA. Department of Justice (DOJ) is in the process of seizing Robinhood shares, worth about $460 milijonov, 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

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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, dec. 28, 2022. The company’s stock has lost 96.34% year-to-date and on Dec….

JPMorgan: Crypto Is a Nonexistent Asset Class for Most Large Institutional Investors

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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 Secures Regulatory Approval to Operate as a Virtual Asset Service Provider in Ireland

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Coinbase has announced it has secured regulatory approval as a virtual asset service provider (VASP) in Ireland, according to a company blog post published on Dec. 21. According to the company, Coinbase has been approved by Ireland’s central bank which means…

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

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

Podpora za Ripple raste v tožbi SEC zaradi XRP - izvršni direktor pravi, da je "brez primere"

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Support for Ripple Labs in its fight against the U.S. Komisija za vrednostne papirje in borzo (SEC) over xrp has grown, z 12 amicus briefs filed. “To’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

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The CEO of cryptocurrency exchange Binance does not see central bank digital currencies (CBDC) 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:…