Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3, Expects Losses to Grow in 2023
Meta's revenues for the division came in at $285 million, down from $452 million in the second quarter. Source
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Runfy Pre-Sale Soars as Cardano and Holo Ecosystems Grow
Place/Date: - October 23rd, 2022 at 12:55 pm UTC · 4 min read Source: Runfy 2022 is a tough year for the cryptocurrency market, with the cryptocurrency price plunge leading to most crypto prices plummeting by over 20%. Amid the market turndown, however, new crypto projects, like
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OCC Comptroller: Crypto Companies ‘Don’t Know What They Want to Be When They Grow Up’
Michael Hsu, acting comptroller of the currency (OCC), joined “First Mover” to discuss why crypto companies need to decide their area of focus in order for clear regulation guidelines to be established. Source
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Morgan Stanley Says Crypto ETPs Continue to Grow Despite Bear Market
There are more than 180 active crypto exchange-traded-funds (ETFs), exchange-traded-products (ETPs) and trusts. Half of these products have launched since the “bitcoin bear market,” despite total assets dropping 70% to $24 billion from $84 billion, Morgan Stanley said in a research report on Thursday. Original Source
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Bitcoin Is Upbeat Above $20K as Investors Grow Optimistic That Steep Rate Hikes Will Soon End; Kim Kardashian and the SEC’s Publicity Grab
Ether was recently changing hands above $1,350, up more than 5% from the previous day, same time. Other major altcoins spent much of the day firmly in the green with DOGE rising more than 10% after Elon Musk, a champion of the popular meme coin, indicated he would be willing
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Institutional appetite continues to grow amid bear market — BitMEX CEO
In a recent interview, BitMEX chief executive Alexander Höptner shared his thoughts about institutional investors who, in his view, still have an appetite for crypto and Ethereum.Speaking at the Token2049 conference in Singapore on Sept. 28, the crypto executive told Cryptox that there has not been a “single slowdown of
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Bitcoin Fundamentals Grow Despite Market Downturn – Blockchain News, Opinion, TV and Jobs
By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin reclaimed $19,000 last night, as a key technical indicator suggests we may have some upside in
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ETH products grow in August as BTC products dip: CryptoCompare report
Ethereum investment products increased by 2.36% to $6.81 billion in assets under management (AUM) throughout August, outperforming Bitcoin products which saw a 7.16% drop off to $17.4 billion. The figures were contained in a new report by CryptoCompare. This was also reflected in the Bitcoin (BTC) and Ethereum (ETH)-product trading volumes,
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Binance to Help South Korean City of Busan Grow Crypto Adoption, Develop Blockchain Ecosystem – Regulation Bitcoin News
Binance is helping the South Korean city of Busan “grow crypto adoption within the city and beyond.” The global crypto exchange will also support the development of the city’s blockchain ecosystem and the Busan Digital Asset Exchange. Binance Signs MOU With Busan City Cryptocurrency exchange Binance announced Friday that it has
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Let Ugly Ducklings Grow: Why Crypto Needs a Safe Harbor
Too much much regulation may hinder the development of viable decentralized models. Original Source
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