Latest Market News

Oct 07
Shopify to change procedures over illegal practices of traders, EU says

Shopify SHOP, -2.50% has agreed to change procedures dealing with the illegal practices of traders on its platform, the European Commission said Friday. Shopify has committed to design templates for contact and refund policies to include company information and contact details, provider clear guidance on applicable EU consumer law and provide company details about any […]

Oct 07
Marathon reports $80M exposure to bankrupt mining firm

Marathon has outlined that at this stage its operations hosted by Compute North will continue to operate as usual, and highlighted an improved BTC mining produc… Source: Cointelegraph

Oct 07
Tilray narrows net loss but misses analyst estimates

Tilray Brands Inc. TLRY, +30.87% said Friday its first-quarter loss narrowed to $65.8 million, or 13 cents a share, from a loss of $34.6 million, or 9 cents a share, in the year-ago quarter. Revenue at the cannabis company fell 9% to $153.2 million. Analysts expected Tilray to lose 7 cents a share on revenue […]

Oct 07
The cryptocurrency market digest (BTC). Overview for 07.10.2022

BTC is falling again. On Friday, the asset is mostly trading at $19,921. The current market situation is quite usual. Global market players are trying to avoid risks in stock markets, so they are currently not interested in crypto assets. The correlation between S&P 500/NASDAQ and the BTC remains quite strong. American investors are once […]

Oct 07
Investors must accept the weak Euro. Overview for 07.10.2022

The major currency pair is looking weak on Friday. The current quote for the instrument is 0.9800. Investors revived their interest in “safe haven” assets amid deterioration of market sentiment and the USD is taking the centre stage. At the same time, the Euro is getting weaker after the comments from the International Monetary Fund […]

Oct 07
670K follower ETH Classic account turns into Ergo: What happened?

Cardano founder Charles Hoskinson has repurposed the Ethereum Classic Twitter account to now benefit the Ergo Platform. Source: Cointelegraph