Latest Market News
Bitcoin (BTC) dipped below $43,000 on Feb. 17 as another day on ranging compounded hopes for an incoming breakout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed teases over rate hikes Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a slightly widened zone with $44,500 as a ceiling over the past 24 hours. […]
Goldman Sachs Group Inc. GS, -2.20% CEO David Solomon on Thursday said Solomon said 2022 will mark a shift from low interest rates and tame inflation to tighter borrowing conditions and above-trend inflation. In its first investor day since 2020, the financial services provider boosted its 2024 financial targets. The bank now expects to book […]
The crypto license legislation might be the first nationwide crypto-focused regulation. However, various free zones in the country had introduced crypto regulations as early as 2018. 712 Total views 24 Total shares The United Arab Emirates is reportedly planning to issue a federal crypto license for virtual asset service providers by the end of the […]
Bubble Wrap maker Sealed Air reported fourth-quarter net income totaling $180.9 million, or $1.20 per share, up from $142.2 million, or 91 cents per share, last year. Adjusted EPS of $1.12 missed the FactSet consensus for $1.13. Sales of $1.532 billion were up from $1.341 billion and ahead of the FactSet consensus for $1.489 billion. […]
Oil and gas giant ConocoPhilips has entered the Bitcoin mining business in a bid to profitably reduce carbon emissions. 3495 Total views 54 Total shares International oil and gas giant ConocoPhilips is dipping its toes into Bitcoin (BTC) mining as a way to eliminate the wasteful practice of flaring. According to a report from CNBC, […]
The Energy Information Administration reported on Wednesday that U.S. crude inventories rose by 1.1 million barrels for the week ended Feb. 11. On average, analysts had forecast a decline of 200,000 barrels, according to a poll conducted by S&P Global Platts. The American Petroleum Institute on Tuesday reported a 1.1 million-barrel decrease, according to sources. […]