News

May 09
Deribit and OKX attract significant traffic from China despite a blanket ban: Report

Recent geographical traffic data highlights that Chinese traders continue to access centralized exchanges despite a regulatory risk. 780 Total views 24 Total shares Data from website traffic metric provider Similarweb shows that Deribit and OKX continue to attract significant traffic sources from China despite a blanket ban on crypto transactions and foreign exchanges last year. […]

May 09
Inflation-adjusted yields from 5 to 30 years out hit their highest or least negative levels since March 2020

Rates on 5-, 10- and 30-year Treasury inflation-protected securities continue to rise on Monday — hitting their highest or least negative levels in more than two years, according to Tradeweb. Monday’s rise in real, or inflation-adjusted, rates was accompanied by a continued selloff of U.S. stocks across the board. The 5-year TIPS yield traded at […]

May 09
Bitcoin sets news 2022 lows as analyst says trip to $24K realized price ‘entirely possible’

Bitcoin (BTC) set a new record low price for 2022 on May 9 as crypto markets continued selling off prior to the Wall Street opening. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price sinks under $36,700 Data from Cointelegraph Markets Pro and TradingView confirmed the firmly bearish achievement for BTC/USD, which hit $32,637 on Bitstamp. […]

May 09
Terminix shares edge up on divestments for Rentokil deal

Terminix Global Holdings Inc. TMX, -3.34% shares rose 1% in premarket trades on Monday after the company said it sold its pest management units in Norway and the U.K. to unnamed buyers in order to close its pending $6.7 billion acquisition of Rentokil Initial Plc. Terminix said it will book a loss on the sale […]

May 09
First 6-week losing streak since 2014 — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts the second week of May 2022 by bringing up bearish ghosts from its past — how much worse could the picture get for hodlers? After falling to nearly $33,000, the largest cryptocurrency is giving market participants, new and old, a run for their money, and the fear is palpable. A brutal combination […]

May 09
Coty stock gains after profit and revenue topped expectations, outlook nudged higher

Shares of Coty Inc. COTY, -1.89% rose 0.3% in premarket trading, after the beauty products company reported fiscal third-quarter profit and revenue that topped expectations, amid strength in its Prestige and Consumer Beauty segments, and raised its full-year outlook. For the quarter to March 31, the company swung to net income of $50.3 million, or […]