Cryptocurrency Analysis and News Portal
Going into 2023 analysts are expecting a further slowdown in Amazon’s retail sales growth and cloud computing business growth.Shares of e-commerce retail giant Amazon (NASDAQ: AMZN) have been crushed pretty hard this year in 2022. Amazon has lost over 50% of its value while becoming the first company to lose
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Over the past week, the correlation between the red metal and cryptocurrency has grown tighter, which bodes well for investors. But a strengthening U.S. dollar may suggest a less rosy future. Original Source
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A federal judge overseeing Three Arrows Capital’s (3AC’s) bankruptcy proceedings has signed an order approving subpoenas to be delivered to 3AC’s former leadership, including co-founders Su Zhu and Kyle Davies.The subpoenas require the founders to give up any “recorded information, including books, documents, records, and papers” in their custody that
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Orthogonal Trading’s insolvency, triggered $31 million of loans in the credit pool to default this week. The bad debt represents 80% of the credit pool’s outstanding loans. When Sherlock invested in the pool, however, Orthogonal’s borrowings only accounted for 14% of the pool’s loans. Source
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It is no secret that Binance benefits from FTX’s insolvency. After the second largest exchange in the world went belly up, other exchanges had to divide FTX’s market share among themselves. And that Binance is one of the biggest winners now seems to be confirmed by recent data. The Block claims
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Support for Ripple Labs in its fight against the U.S. Securities and Exchange Commission (SEC) over xrp has grown, with 12 amicus briefs filed. “It’s unprecedented,” Ripple CEO Brad Garlinghouse said, adding that each brief explains in its own unique way “the irreparable harm the SEC will do to every
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ATOM’s price shows strength as it bounces from a downtrend range price rallied to a high of $14 with eyes set on
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By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin remains above $20k, as U.S. GDP for Q3 is recorded as 2.6%, beating the expected 2.4%
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Cardano (ADA), over the last seven days, managed to grow by 16% as it rallied together with majority of its fellow altcoins
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The global crypto community has started to redirect its interest from Bitcoin (BTC) to Web3, according to Google search trends.In order to keep up with decade-long innovations spanning from blockchain-based applications to nonfungible tokens (NFTs), crypto investors and enthusiasts rely on searching the web — disclosing their true sentiments in
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