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Bitcoin (BTC), worth over $7.2 billion, is still controlled by the United States government — but its losses are mounting.Data from on-chain analytics firm Glassnode shows that Washington’s seized Bitcoin total 210,429 BTC as of Oct. 31.195,000 BTC sold, $6.3 billion downThe U.S. Department of Justice (DOJ) and Internal Revenue
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A group of Nigerian professionals in digital assets took to the stage at the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN)’s Digital Assets Summit 2023, held in Abuja, the nation’s capital, to discuss the future of digital assets in Nigeria in regards to regulation. In the panel titled “The Future
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Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default. Original Source
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China’s economic outlook also affected the stocks of some of the top companies in the country. China’s economic recovery has been faced with a lot of strain in its attempt to return back to winning ways as marked by growth, however, recent data points that the economy has continued to
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For Q1 2023, UPS reported adjusted earnings per share (EPS) of about $2.20, whereas analysts expected the company to report an EPS of $2.21. United Parcel Service Inc (NYSE: UPS) shares closed Tuesday’s market trading at $176.29, down 9.99 percent from the day’s opening price. The sudden decline was directly
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The surprise lawsuit from the Commodity Futures Trading Commission (CFTC) against crypto exchange Binance sent shock waves across the markets today. In addition to allegations of market manipulation and a lack of compliance effort, the regulator has also accused the exchange of not cooperating with investigative subpoenas and obscuring the location
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There were numerous signs of the crypto bank’s problems, but nobody seemed to notice. Angelo Calvello says you shouldn't use traditional investment metrics to assess a non-traditional company. Source
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An economics professor and former adviser to the People’s Bank of China has urged the Chinese government to reconsider its ban on cryptocurrencies. He warned that banning crypto activities could result in missed opportunities that are “very valuable” to regulated financial systems. Chinese Economist Warns of Missed Opportunities Due to Crypto
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As the world’s largest chip manufacturer, TSMC was positioned to bear the brunt of the slowing demands in general.Taiwanese multinational chip manufacturing giant Taiwan Semiconductor Mfg. Co. Ltd (NYSE: TSM) has reported an impressive sales record for the 2022 financial year. According to the recent release by the company, its
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Place/Date: - December 14th, 2022 at 5:27 am UTC · 3 min read Source: Snowfall Protocol Snowfall Protocol (SNW) has created a brand for itself in the short time of its existence. It has brought excitement to investors who like the utility
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