Day: September 30, 2022
Bank of America BAC, -1.32%, Citigroup C, -2.33%, Goldman Sachs Group Inc. GS, -1.56%, JPMorgan Chase & Co. JPM, -1.69%, Morgan Stanley MS, -1.98% and Wells Fargo & Co. WFC, -0.76% are taking part in a pilot program on climate change with the federal government starting in 2023, the Federal Reserve Board said Thursday. The […]
The decline in profitability for long-term holders reached a level last seen during the peak of the bear market in 2018. However, the market bottomed and bounced back during the previous cycle. 1146 Total views 23 Total shares Bitcoin’s (BTC) long-term profitability has declined to levels last seen during the previous bear market in December […]
Micron Technology Inc. shares MU, -1.94% perked up in premarket trade Friday, after news that Japan will give the company a subsidy of up to 46.5 billion yen ($320 million) to make advanced memory chips at its Hiroshima plant. The news was announced by Japan’s industry ministry, Reuters reported. It comes after a visit to […]
A 2-day recovery of the BTC slowed down on Friday. The major crypto is consolidating at $19,600. It’s higher than strategic support levels of $18,000-$19,000, which were able to survive again. However, it’s lower than the resistance area at $21,500, which may lead the way to $22,000 where the asset may start a proper growth. […]
The major currency pair moved away from the local bottom. The current quote for the instrument is 0.9800. The “greenback” dropped yesterday due to the decline in the US bond yield. Another thing that put pressure on the American currency was the strengthening of the offshore exchange rate of Chinese yuan. It looks rather unusual, […]
A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds. 760 Total views 19 Total shares State regulators from Texas and Vermont have filed a motion objecting to embattled crypto lender Celsius’ plans to sell off its stablecoin holdings. Separate motions from both regulators filed on Sept. […]
“We believe digital assets and blockchain technologies are going to become increasingly relevant for our clients,” said BlackRock ETF product strategist Omar Moufti. 1891 Total views 31 Total shares BlackRock, the world’s largest asset manager, has just launched a new exchange-traded fund (ETF) to provide European customers with exposure to the blockchain industry, while reports indicate […]
Bitcoin keeps testing the supporting level of 19000 without breaking it. Bitcoin is still likely to pull away from the support and target the level of 22000 next. Having formed the new minimum, gold is trying to recover. So far, this asset is likely to approach the level of 1735, which is located next to […]
Bitcoin mining raises a “set of red flags for any consideration as a sustainable sector,” according to researchers. 925 Total views 18 Total shares The Bitcoin (BTC) bashing has continued unabated even in the depths of a bear market with more research questioning its energy usage and impact on the environment. The latest paper by […]
Davis claimed he received nothing for free from the projects it’s alleged he profited from, and the amounts he sold weren’t enough to “dump the price.” 995 Total views 39 Total shares Crypto influencer Lark Davis has refuted new allegations from Twitter “on-chain sleuth” ZachXBT of shilling “low cap projects” to his audience “just to […]
