Fri, November 15

Search Results for: inflation

Ethereum Price Enters Consolidation Phase as Investors Await CPI Data

Boyaa Interactive, a key participant in China’s board and card game sector that is listed on the Hong Kong Stock Exchange, has stated that it would invest up to $100 million in Bitcoin and Ethereum over the course of the next year. This action shows that the corporation recognizes the

November 14, 2023 2 mins read

Crypto Traders Await Upcoming CPI Data for Market Direction

Bitcoin is causing widespread anxiety due to recent unfavorable developments. Despite reaching a high of $38,012 for the first time in 18 months, its value has fluctuated widely over the previous three days. At the time of writing, Bitcoin is trading at $36,745, down 0.74% in the last 24 hours

November 14, 2023 2 mins read

Justin Sun Offers 5% Bounty for Returning Poloniex Stolen Funds

Justin Sun, who recently acquired crypto exchange Poloniex offered a 5% reward to the hackers who looted over $126 million in assets. Justin sent an update on Twitter on November 10 after suffering a devastating loss, pleading with the attackers for a refund within seven days. Moreover, Justin Sun offered

November 10, 2023 1 min read

Why Crypto Market is Pumping? This Could be the Reason

In the past 24 hours, the broader cryptocurrency market has displayed a significant comeback, surging by an additional 2%. The total market capitalization has now surpassed the $1.4 trillion mark, indicating that the crypto sector continues to exhibit substantial strength. This bullish trend persists despite recent statements from Federal Reserve

November 10, 2023 2 mins read

ARK Invest Led by Cathie Wood Buys $9.5M Worth Robinhood Shares

A huge number of shares in Robinhood (HOOD), a renowned trading platform located in the United States, were acquired by Cathie Wood’s ARK Invest the day after the business announced ambitions to expand into Europe. ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF

November 9, 2023 2 mins read

In Face of Shaky Economy, ACH Outages and Bank Failures, Paystand Ranks 210 on Deloitte Technology Fast 500 List of Fastest Growing U.S. Companies

Company sees 671% growth for its transformative zero-fee payment network enabling SMBs to enhance the bottom line SCOTTS VALLEY, Calif.–(BUSINESS WIRE)–In the wake of the recent ACH outage, the creator of the ACH alternative — the Paystand B2B Network — is recognized on the Deloitte Technology Fast 500™. The fintech

November 9, 2023 5 mins read

Robinhood’s CEO Vlad Tenev Envisions a Promising Future for Bitcoin

On a recent earnings call, Robinhood Markets Inc. CEO Vlad Tenev spoke optimistically about Bitcoin’s future and its prospects as a mainstream asset, suggesting that a Bitcoin ETF would be possible in the future. Meanwhile, Tenev provided details on the company’s European development ambitions and the upcoming launch of brokerage

November 8, 2023 2 mins read

Cathie Wood Buys $5.6M Worth Block Shares Post Dumping GBTC

Ark Invest, led by Cathie Wood, has dumped Grayscale Trust (GBTC) shares again, this time for around $3.8 million, and acquired Block shares for about $5.6 million. Recent transactions reveal that ARK Innovation ETF (ARKK), ARK Next Generation Internet Fund (ARKW), and Ark Fintech Innovation ETF (ARKF) together bought 113,326

November 7, 2023 2 mins read

US Fed Keeps Interest Rates Unchanged, Bitcoin Hits 17-Month High

The US Federal Reserve made a significant decision during its policy meeting from October 31 to November 1. Despite the US economy’s resilience and persistently high inflation above the Fed’s 2% target, the central bank chose to keep interest rates steady at their current 22-year high. This decision marks the

November 2, 2023 2 mins read

MicroStrategy Announces Third Quarter 2023 Financial Results

6,067 bitcoins acquired since the end of Q2 for $167.0 million, or $27,531 per bitcoin 158,400 bitcoin holdings at a total cost of $4.69 billion, or $29,586 per bitcoin, as of October 31, 2023 Total Revenues of $129.5 million, up 3% year-over-year Software Licenses Revenues of $45.0 million, up 16%

November 2, 2023 14 mins read