Day: January 16, 2022
Production costs for miners are around $34,000, and together with transaction fees, miners need not worry about another $40,000 support challenge on BTC/USD. 16596 Total views 55 Total shares The Bitcoin (BTC) mining business is bigger than ever at current price levels, and new data shows just how unlikely a mass miner sell-off really is. As […]
JPMorgan Chase & Co. JPM, -6.15% said Friday its fourth-quarter profit fell to $10.4 billion, or $3.33 a share, from $12.14 billion, or $3.79 a share in the year-ago quarter. Managed revenue rose 1% to $30.3 billion, with reported revenue of $29.3 billion. The megabank was expected to earn $3.01 a share and generate revenue […]
2021 was a year of affirmation for the Brazilian crypto market with good news in the national stock market, the promise of a CBDC and Brazilian soccer joining t… Source: Cointelegraph
Published: Jan. 14, 2022 at 7:16 a.m. ET Source: Marketwatch
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. Despite the market printing bearish numbers for a second consecutive week, the industry is not short of bullish fundamental news. Read on to hear about the most impactful DeFi stories of the last seven days. What you’re about to read is a shorter, more succinct […]
Sherwin-Williams Co. shares SHW, -2.81% slid 3% in premarket trade Friday, after the paint maker lowered its fourth-quarter and full-year guidance, citing a shortage of raw materials amid supply-chain constraints and labor challenges. “While availability of some raw materials has improved slightly, others including select resins and additives specific to our professional contractor products remain […]
Ghozali spent five years clicking selfies in front of his computer, which was later converted into NFTs and uploaded to OpenSea in December 2021. Source: Cointelegraph
The World Health Organization said Friday it is recommending two new drugs as treatments for COVID-19 and said the extent to which they can save lives will depend on how widely available and affordable they will be. The agency said the first drug, baricitinib, a treatment for rheumatoid arthritis, is recommended for patients with severe […]
JPMorgan Chase & Co. JPM, -6.15% shares fell 3% in premarket trades on Friday on the heels of its fourth-quarter profit update and guidance for 2022. The bank expects 2022 net interest income of about $50 billion, which is below the latest target of $55.7 billion in a survey of analysts by FactSet. JPMorgan Chase […]
The ODP Corp. ODP, +3.13% said Friday its board has decided to delay its plan to split into two companies to give it time to evaluate the potential sale of its consumer business. The office supplies retailer approved a plan for a tax-free spin off to its shareholders last May that would separate ODP from […]
