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‘Make It About the Open-Source Project,’ Economist Predicts ‘Catastrophic’ Fall in US Living Standard, FRC Shares Plummet, and More — Week in Review – The Weekly Bitcoin News

Another week has passed in the world of crypto and finance, with the anniversary of Bitcoin creator Satoshi Nakamoto’s last known emails, predictions of massive declines in Americans’ standard of living, and important developments at the struggling First Republic Bank. All this and more just below, in the latest Cryptox.trade

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Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses – Bitcoin News

On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s enforcement actions were in direct contrast to

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UPS Shares Slide 9.9% as Company Missed Analysts’ Expectations on Both Earnings and Revenue in Q1 2023

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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Philips Shares Pop 12% as Company Reports Q1 2023 Results and Expresses Confidence in Fiscal Year

With Q1 over, the CEO is confident that Philips will deliver on its plan for 2023. Shares of multinational conglomerate corporation Philips (NYSE: PHG) popped 12.72% at the pre-market trading on Monday as the company released its Q1 2023 financial results. The company recorded gains after reporting higher adjusted EBITA and

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Rich Dad Poor Dad Author Robert Kiyosaki Shares Why He Loves Bitcoin — Expects BTC to Hit $100K – Markets and Prices Bitcoin News

Rich Dad Poor Dad author Robert Kiyosaki has shared why he loves bitcoin and when he began investing in the cryptocurrency. Expecting to see $100K per bitcoin, he emphasized that the crypto does not need the Fed or government bailout because it’s “people’s money.” Why Robert Kiyosaki Loves Bitcoin The author of

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UAL Shares Up 2%, United Airlines Reports Net Loss in Q1 2023 but Projects Strong International Demand in Q2

United Airlines reported that its total capacity went up by approximately 23.4 percent during the first three months of the year. United Airlines Holdings Inc (NASDAQ: UAL) announced its first-quarter (Q1 2023) financial results on April 18. According to the announcement, the company recorded a $256 million pre-tax loss for the

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Bank of America (BAC) Shares Ticks 2% in Pre-Market after Impressive Q1 2023 Report

The company’s investors are bullish on the BAC stock following the earnings release. American multinational financial services giant Bank of America Corp (NYSE: BAC) has released its first quarter (Q1 2023) performance report which shows significant growth milestones. According to details shared by the bank, its revenue came in at

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