Cryptocurrency Analysis and News Portal
Cryptocurrency experts have lowered their predictions for Ethereum (ETH), over the next few years, according to a new survey from Finder. The survey asked 31 industry specialists for their ether price forecasts for the end of 2023, 2025 and 2030. The average predictions were down compared to a previous Finder survey
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A new crypto-lending platform dubbed Tokenet says it will service what it expects to be an influx of institutional clients following the potential United States approval of spot Bitcoin (BTC) exchange traded fund (ETF). The platform was launched by a team of executives who previously headed financial services firm Cantor Fitzgerald
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Tesla has cut prices after it announced a slowdown in deliveries. The company said the decline was caused by factory upgrades. Tesla Inc (NASDAQ: TSLA) has reduced US prices of its Model Y and Model 3 cars following third-quarter delivery figures that did not meet expectations. According to the company’s website, the starting
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FedEx has hiked its 2023 earnings forecast as expenses have started reducing due to the cost-cutting initiative. Transport company FedEx (NYSE: FDX) has increased its expectation for 2023 earnings following the benefits it recorded from its cost-cutting initiative. The company said the cost-cutting measure addressed the continued demand weakness across
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With its impressive performance for both the fourth quarter and the full fiscal year, Grab has shared a positive projection for the current quarter and for 2023. Singapore-based ride-hailing and food delivery service provider, Grab Holdings Ltd (NASDAQ: GRAB) has seen an uptick in its shares in the pre-market as it
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Co-founder Reed Hastings is stepping down as the CEO.Production company Netflix (NASDAQ: NFLX) saw a massive addition to its subscribers in Q4, exceeding Wall Street’s expectations. According to the fourth quarter financial results, the company gained 7.66 million paid subscribers, over the predicted 4.57 million. The significant additional Netflix subscribers in
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UBS, Switzerland’s largest bank, has warned about a crypto winter where prices crash and may not recover for years. The bank’s analysts explained several major reasons affecting the prices of cryptocurrencies. UBS Expects Crypto Winter That Could Last Years Switzerland’s largest bank, UBS, has warned of a crypto winter where prices crash
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Among the many reasons Bitcoin turned bullish in 2020, was primarily due to the sudden fear of inflation
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The amount of bitcoin that has not moved in over a year is at an all-time high. The last peak was in 2016, before the bitcoin bull run that saw the price spike to $20K. Several forecasting models have predicted that the price of bitcoin will reach $20K this
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