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Tag: ipo

Posted on 06/05/2023

‘Worse Than 2008’—Bitcoin And Crypto Now Braced For $540 Billion Crisis, Ethereum Cofounder Warns After Price Boom

Ethereum cofounder, Charles Hoskinson, who went on to create ethereum rival cardano, has warned the banking crisis is going to be worse than the 2008 global financial crisis that led to the creation ...

Posted on 06/05/2023

Crypto giant Binance is reportedly facing US probe for violating Russian sanctions

Binance is reportedly facing yet another investigation by the US Justice Department, and this time, it's over possible violations against sanctions imposed against Russia. According to Bloomberg, the ...

Posted on 06/05/2023

Ether rallies 5% as meme mania tries to reenter the crypto market

Ether closed higher by 5.61% at about $1,990, according to Coin Metrics. It’s still below the key $2,000 level it briefly broke through in April following the Shapella upgrade. Earlier in the day it ...

Posted on 06/05/2023

Crypto prices rise, and Coinbase shares soar after Q1 earnings beat expectations: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and ...

Posted on 06/05/2023

“MetaX: The future of crypto trading in the metaverse”

The metaverse has emerged as a revolutionary virtual space that offers endless possibilities for gamers, investors, and creators alike. With the growing interest in the metaverse and its potential as ...

Posted on 06/05/2023

Ether rallies more than 6% as meme mania tries to reenter the crypto market

The price of ether jumped on Friday as investors gambled on crypto's newest memecoins. Ether rose more than 6% to $1,991,05, according to Coin Metrics. It's still below the key $2,000 level it briefly ...

Posted on 06/05/2023

Crypto-silence is precious for Gensler’s SEC

For regulators, procrastination is sometimes the best strategy. U.S. Securities and Exchange Commission Chair Gary Gensler might be feeling a little heat after a federal court on Wednesday said his ...

Posted on 06/05/2023

‘Catastrophic Scenario’—JPMorgan Sees U.S. Banking Crisis As Boosting Bitcoin After $300 Billion Ethereum And Crypto Price Surge

JPMorgan analysts have credited the U.S. banking crisis with pushing retail traders toward bitcoin over recent months—a hedge against what they call a "catastrophic ...

Posted on 06/05/2023

Coinbase Stock Jumps After Crypto Exchange Posts Narrower Loss

Shares of cryptocurrency exchange Coinbase Global jumped more than 15% after cost-cutting measures helped the company post a smaller-than-expected loss. The latest loss comes as the company said tradi ...

Posted on 06/05/2023

ChatGPT is now being used to sell you crypto

Crypto.com is unveiling an AI assistant that customers can use to learn more about cryptocurrency and make informed purchases. The AI, Amy, is based on OpenAI's ChatGPT.

Posted on 06/05/2023

Japan’s Giant of Central Banking

Koichi Hamada pays homage to Haruhiko Kuroda following the end of Kuroda's ten-year tenure as governor of the Bank of Japan.

Posted on 06/05/2023

Why Warren Buffett is so keen on Japan’s versions of Berkshire Hathaway

Warren Buffett says he sees elements of his own Berkshire Hathaway conglomerate in the Japanese trading giants that he recently upped his stock investment in.

Posted on 05/05/2023

Crypto has ‘lost its shine’ for institutional investors, says Northern Trust executive

Institutions lost interest in crypto after 2022 and their appetite for it hasn't come back yet, according to Northern Trust's Justin Chapman.

Posted on 05/05/2023

Crypto Regulation is Coming: Here’s How it Could Take Shape

The regulation of cryptocurrency remains largely undefined, with governments struggling to determine how to regulate a decentralized and largely anonymous digital currency. In this article, we will ...

Posted on 05/05/2023

Yen set to snap 3-week losing streak on bank jitters, dollar slips

The yen was eyeing its first weekly gain in nearly a month on Friday, driven by safe haven demand as bank sector turmoil in the United States unfolds.

Posted on 05/05/2023

White House Proposes 30% Energy Tax To Address Environmental Crypto Mining Costs

The White House has announced plans to ask crypto miners to pay a premium for energy consumption. President Biden’s proposed budget for the 2024 fiscal year includes a Digital Asset Mining Energy (DAME) tax equal to 30% of the electricity used in cryptomining.

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