ALSO: Both bitcoin and ether reached nearly four-week highs. Equities closed higher. Source
Tag: Markets
A New Philosophy of Markets: Assets That Embody Technology
For the first time in our history, we have tradable assets that embody innovation, says Noelle Acheson. Source
Prices in Dollars Rose Almost 54% in Venezuela During 2022 – Emerging Markets Bitcoin News
Prices in Venezuela have been rising steadily even when denominated in foreign currency. According to data collected by Ecoanalitica, a market research firm, prices marked in dollars have grown close to 54% during 2022, affecting the income and savings of Venezuelans that have been using the U.S. dollar as an inflation hedge. Prices Grow Even in Dollars in Venezuela Inflation has taken another leg up in Venezuela, with prices of products and services being marked up even when denominated in dollars. Asdrubal Oliveros, economist, and partner at Ecoanalitica, a market…
CFTC Alleges Market Manipulation Against Mango Markets Exploiter
The U.S. Commodity Futures Trading Commission (CFTC) brought manipulation charges against Mango Markets exploiter Avraham Eisenberg on Monday, after the Department of Justice arrested him last week. Source
New Year Brings Strong NFT Sales, Up 26% in First Week of 2023 With Top 5 Blockchains Seeing Double-Digit Increases – Markets and Prices Bitcoin News
The first week of 2023 saw an upswing in non-fungible token (NFT) sales as seven-day volume increased 26.01% compared to the previous week, totaling approximately $208.99 million in NFT sales. Additionally, the top five NFT-issuing blockchains saw increases over the last week. Bored Ape NFT Collection Leads the Way with $19 Million in Sales, 52.82% Increase from Previous Week According to NFT sales statistics, the first week of the new year saw a 26.01% increase compared to the last week of 2022. Cryptoslam.io metrics show that there were 1.2 million…
Crypto Markets Today: Huobi Tensions Sink Tron Token Price
ALSO: Bitcoin and ether traded up. Equities also rose after a strong U.S. jobs report. Source
ETH Lower, as Markets Await Nonfarm Payrolls Report – Market Updates Bitcoin News
Ethereum was marginally lower on Dec. 6, as markets prepared for this afternoon’s nonfarm payrolls report. December’s report is set to show an addition of 200,000 jobs to the U.S. economy, which would be down from November’s figure of 263,000. Bitcoin was also slightly down ahead of the release. Bitcoin Bitcoin (BTC) continued to hover slightly under the $17,000 level on Friday, as markets consolidated ahead of the latest U.S. nonfarm payrolls (NFP). Today’s report is expected to show an addition of 200,000 jobs to the economy, lower than the…
Mango Markets Exploiter Must Stay Detained Pending Trial, Court Rules
Avraham Eisenberg can’t be released on bail because he faces a mammoth prison sentence for the $110 million exploit in October, a Puerto Rico judge said Source
Mango Markets exploiter Avraham Eisenberg ordered into detention pending trial
In a new update to the Mango Markets exploit saga, the United States District Court for the District of Puerto Rico has issued an order of detention to the infamous Mango Markets exploiter Avraham Eisenberg. After holding a detention hearing, United States Magistrate Judge Bruce McGiverin decided that it was necessary to detain Eisenberg for several reasons. According to court documents, there is no condition or combination of conditions of Eisenberg’s release that will reasonably assure his appearance as required. In addition to this, the court also specified other reasons.…
Crypto Markets Today: Crypto Broker Genesis Asks for Clients’ Patience
ALSO: Bitcoin rose and most other, major cryptocurrencies spent much of Wednesday in the green. Source