Moya noted gains in equity markets that also rose for a third consecutive day with the tech-focused Nasdaq, S&P 500, which has a heavy tech component, and Dow Jones Industrial Average all rising over a percentage point. But he also struck a cautionary note, writing that although the rally for risky assets was a boon for crypto, “traders should not be surprised if stocks “eventually faded.” Source
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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today let’s talk about SEC’s investigation probe into Coinbase. Also, let’s talk about recession fears and how the current administration is downplaying them. Also Bitcoin and Crypto news. 📊Buy Bitcoin & Crypto w/Bitget (No KYC and up to $8000 Bonus) 🟪Buy Bitcoin & Crypto with IRA/401k w/ItrustCapital ($100 Bonus) 💳Get a Bitcoin Reward Credit Card (1.5% Back in BTC): 📈Buy Stocks, ETFs, Options w/ MooMoo (Earn 10 Free Stocks up to $2500) 🚧Buy Crypto Domain Names w/ Unstoppable Domains: 🚨Protect Yourself with…
Global investment banks Goldman Sachs and JPMorgan have predicted an imminent recession in the euro area. “The risks to our forecast are skewed toward a sharper recession in the event of an even more severe disruption of gas flows, a renewed period of sovereign stress or a U.S. recession,” said the economists at Goldman Sachs. Goldman Sachs’ Predictions Two major global investment banks, Goldman Sachs and JPMorgan, released reports Wednesday, independently predicting an impending recession in the euro area. Goldman Sachs’ analysts, led by chief European economist Jari Stehn, expect…
Several non-crypto financial companies have announced or started operating crypto ventures in Brazil recently. In July, the Brazilian fintech PicPay announced its plans to launch a crypto exchange and a Brazilian real-tied stablecoin in 2022, while in December, Mercado Libre, Latin America’s largest e-commerce company by market value, started allowing users in Brazil to buy, sell and hold cryptocurrencies. Source
Bitcoin has recovered above $23,000 multiple times now, but the digital asset remains in a perilous position. This is because the recovery alone has not been able to assure that the bull trend would endure. Rather, it has been falling the brief buying and selling pressures that have been plaguing investors in recent times. The bitcoin open interest also mirrors this fact and shows just how easy it would be for bitcoin to lose its position. Bitcoin Open Interest Stays Elevated For the past week, the bitcoin open interest has…
HUGE ideas are exciting (“We are going to buy an NFL team!”) but delivering value for members sets the great projects apart from the pack and keeps everyone excited and engaged. The LinksDAO membership already receives major discounts, access and benefits from the likes of Callaway, Top Golf, 5i, Holderness & Bourne, William Murray, Ship Sticks, DraftKings and plenty more partners just for being part of the community. These benefits have made the LinksDAO membership more valuable than any digital golf subscription in existence and the project is only seven…
When it comes to bitcoin, the semantics of recession are of little importance. Original
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Sen. Cynthia Lummis, R-Wyo., shares perspective on the cryptocurrency market as well as discusses crypto regulation efforts and U.S. energy production on Baron’s big interview. Subscribe to Fox Business! Watch more Fox Business Video: Watch Fox Business Network Live: FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one…
Black culture is inarguably popular and drives commerce, making many corporations billions in revenue yearly while somehow leaving the source of brand identity inspiration out of the loop. Web3 technology is creating an avenue to close that gap through the empowerment of visible black culture leaders as bridges between underserved communities, underpaid industries, and this emerging tech market. This vision, though specific, doesn’t just benefit black and brown communities, it benefits everyone touched by these industries, including artists, collectors, K-12 students in the cities of Akron, Ohio; Lowell, Massachusetts; the…