According to NAR Chief Economist Lawrence Yun, home prices will not collapse, but this is not the bottom yet, meaning there might be a further decrease. The number of units sold could be even higher, but there is still a very low supply.
According to the data from the National Association of ExistingFebruaryHomeMortgageRatesResultSalesSurged Read More
The CEO of Blackrock, the world’s largest asset manager, has warned about additional bank seizures and shutdowns that could result from regulatory changes in response to the failures of several major banks in the U.S. “It does seem inevitable that some banks will now need to pull back on lending BankBitcoinBlackRockCEOEconomicsNewsRegulatoryResultSeizuresShutdownsWarns Read More
The automaker attained a new landmark in September 2022 with its largest IPO in Europe regarding market valuation.
Luxury automobile manufacturer Porsche achieved record figures in 2022 as sales revenue grew from 33.1 billion euros in 2021 to 37.6 billion euros. In addition to its 13.6% gain, the company had an DownturnsEconomicGlobalHistoryPorscheResultSeesStrongest Read More
In its Q4 2022 report, fintech Bakkt also revealed plans to tie up its acquisition of crypto exchange Apex Crypto.
Bakkt (NYSE: BKKT) posted its Q4 2022 earnings, revealing a revenue haul of $15.6 million. Although this figure came in slightly below the consensus estimate of $16 million, it nonetheless represents a 14% AdjustedBakktEarningsResultRevealWorsethanExpected Read More
The second largest publicly-listed holder of Bitcoin, crypto mining firm Marathon Digital Holdings has offloaded some of its Bitcoin for the first time in two years. A spokesman told Cryptox this was not a result of financial distress. As per a January update posted on Feb. 2, the company disclosed it sold BitcoinDistressMarathonsResultSaleYears Read More
When most of the legacy stocks perform well, there is always a significant rub-off on the Dow Futures. The United States stock market is seeing a great deal of mixed activity with the futures tied to the Dow Jones Industrial Average (INDEXDJX: .DJI) soaring up by inching upward CorporateDigestDowEarningsFuturesGainsInkInvestorsResultSlight Read More
Kyle Roche, the lawyer at the center of allegations made by website Cryptoleaks about a secret agreement between his firm and Ava Labs, responded Monday in a post on Medium. Like Ava Labs CEO Emin Gün Sirer, Roche denied the existence of any secret agreement between the parties.Roche claimed that AllegesAvaBitcoincryptoexchangeExchangesFalseintoxicationLabsLawyerResultRocheStatements Read More
The talks to allow digital currencies to exist in U.S. economy are underway. The suggestion is to achieve this by linking cryptocurrencies to the U.S. dollar. This contemplation took place on Tuesday at a meeting held by the U.S. Fed.
At the meeting, a panel of speakers stated that the dollar BoostBullishClaimsCryptocurrenciesEconomyFederalPanelResultTrend Read More
"With prices trading sideways in recent weeks, a relative equilibrium has been established," Glassnode, the crypto data firm, wrote in a blog post. "However, given the limited incoming fresh demand, this delicate balance can be disrupted by any significant degree of seller exhaustion, or conversely a re-invigoration of sellers."
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“Rampant” issues relating to minting counterfeit nonfungible tokens, or NFTs, have forced popular platform Cent to halt some operations.Founded in 2017, Cent kicked off as a “social network and informal platform for creative experimentation.” In 2020, the team also launched an NFT platform called Valuables to mint and auction iconic CounterfeitExpertsMarketplaceNFTsResultShutdownweigh Read More