Litecoin (LTC) has emerged as one of the rare winners in the ongoing cryptocurrency market meltdown led by the FTX exchange’s collapse. LTC price outperforms BTC, ETH The 2011-born altcoin rallied nearly 16% month-to-date (MTD) to reach $62.75 on Nov. 22, outperforming its top rivals, Bitcoin (BTC) and Ether (ETH), which lost approximately 25% and 30%,
China’s housing prices fell in October due primarily to falling prices in less developed, so-called Tier-3 cities, according to Goldman Sachs analysis of official data. Future Publishing | Future Publishing | Getty Images BEIJING — China’s real estate sector isn’t yet poised for a quick recovery, despite a rally this month in stocks of major
Senior Walt Disney executives led a rebellion against chief executive Bob Chapek in recent weeks, which resulted in his ousting and replacement with predecessor Bob Iger, according to people familiar with the matter. The covert campaign to overthrow Chapek, which began in the summer, came after the outgoing chief executive lost the confidence of some
In this article DELL A ZM URBN Follow your favorite stocksCREATE FREE ACCOUNT Detail of a home office setup on a kitchen worktop, including a laptop computer with Zoom video conferencing software, taken on September 9, 2020. Phil Barker | Future Publishing | Getty Images Check out the companies making headlines in after-hours trading. Zoom
In this article DAVE Follow your favorite stocksCREATE FREE ACCOUNT Jason Wilk, Dave Mobile banking app provider Dave has enough cash to survive the current downturn for fintech firms and reach profitability a year from now, according to CEO Jason Wilk. The Los Angeles-based company got caught up in the waves rocking the world of
The U.S. Supreme Court declined to consider a teachers’ union appeal of the Puerto Rico plan of adjustment, rejecting the petition for certiorari Monday morning. The plan of adjustment, which went into effect in March, freezes future accruals under the teachers’ defined retirement benefit plan held by those in the plan prior to August 2014
The Texas Bond Review Board has placed a $3.4 billion bond issue to securitize costs incurred by natural gas providers during 2021’s Winter Storm Uri under a full review, derailing the debt’s pricing this year. The action late Friday by “one or more” of the board’s members pushes consideration of the transaction into January, according
On-chain sleuth ZachXBT has shared his findings on what he sees as the three most common misconceptions about the FTX hack — taking to Twitter to correct a “ton of misinformation” about the event and the possible culprits. In a lengthy Nov. 20 post on Twitter, the self-proclaimed “on-chain sleuth” debunked speculation that Bahamian officials
Rishi Sunak will on Monday face pressure from business to soften the economic effects of Brexit, including opening the doors to more immigration to fill holes in the country’s labour market. The prime minister, who will deliver a speech on innovation to the CBI employers annual conference in Birmingham, will be urged to improve relations
According to blockchain analysis company Chainalysis, funds stolen from the FTX crypto exchange are now being converted from Ether (ETH) into Bitcoin (BTC). On Nov. 20, Chainalysis took to Twitter to encourage exchanges to freeze these coins should the thief attempt to convert them into fiat or further obfuscate the assets through other means. 1/
In this article XRAY VMW LSCC Follow your favorite stocksCREATE FREE ACCOUNT VMware at the NYSE, Dec. 14, 2021. Source: NYSE The market is set to begin what should be a quiet holiday week, but key catalysts are on the horizon. The stock market is closed on Thursday for Thanksgiving Day, and it’s set to
The popularity of QR codes have seen many ups and downs over the course of its almost 30-year existence, but with the need for contact-less menus and transactions during the pandemic, barcode technology is coming back in a big way. From 2018-2020, QR code usage has increased by 96% and many of the top real
Former Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair likens the fall of crypto exchange FTX and its former CEO Sam Bankman-Fried to the infamous Ponzi Scheme of Bernie Madoff. “It felt very Bernie Madoff-like in that way,” she said. Former FDIC Chair Compares FTX and Sam Bankman-Fried to Bernie Madoff’s Ponzi Scheme Sheila Bair,
The likelihood that the eurozone will fall into a deep recession this winter is receding according to economists who have scaled back their projections as greater fiscal support from governments, lower gas prices and a mild autumn help to improve the bloc’s outlook. Most forecasters still expect eurozone output to contract in the coming quarters.
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week SBF received $1B in personal loans from Alameda: FTX bankruptcy
In this article ENV Follow your favorite stocksCREATE FREE ACCOUNT Goodboy Picture Company | E+ | Getty Images Company: Envestnet (ENV) Business: Envestnet provides wealth management services and software to the investment community. It has an excellent product with 90% retention and secular tailwinds. Envestnet was founded in 1999 by Jud Bergman and Bill Crager.
The FIFA World Cup in Qatar is boosting the value of national soccer team fan tokens despite the cryptocurrency bear market. World Cup Qatar hype boosts fan token prices These digital fan tokens are currently rallying despite the cryptocurrency market downturn, securing up to 170% gains from the Nov. 10 lows. At the core of the massive uptrend
Renters throughout the country are finally seeing a bit of relief when it comes to the seemingly relentless pace of rent growth. The Realtor.com October Rental Report details the shifting marketplace reality. Nationally multifamily rent growth slowed to 4.7% year-over-year, its slowest pace in 18 months, with the median rent hitting $1,734. Additionally, The Avail,
The LGBTQ social networking platform Grindr puts on a public show outside of the New York Stock Exchange (NYSE) as the company goes public following its merger with special purpose acquisition company (SPAC) Tiga Acquisition Corp. on November 18, 2022 in New York City. Spencer Platt | Getty Images Traders, bank workers and tourists weren’t
Municipals were steady to firmer in spots Friday ahead of a holiday-shortened week and a light new-issue calendar. U.S. Treasuries closed out weaker and equities ended the week with small gains. Triple-A yields were little changed to bumped by up to four basis points, depending on the curve, while U.S. Treasuries saw yields rise by