Crypto Cryptocurrencies have become increasingly popular in recent years, with more and more investors looking to add them to their portfolios. However, investing in cryptocurrencies is not as simple as buying stocks or bonds. Cryptocurrencies are notoriously volatile and their values can change rapidly, so it’s essential to evaluate a cryptocurrency carefully before buying it. Here […]
Account Weekly Market News Crypto News Sam Bankman-Fried Ordered $65B ‘Secret Backdoor Line of Credit’ For Alameda Research During a Delaware bankruptcy court hearing on Jan. 11, FTX attorney Andrew Dietderich revealed that former FTX CEO Sam Bankman-Fried (SBF) ordered co-founder Gary Wang to open a $65 billion “secret backdoor line of credit” for Alameda Research. […]
Account Bitcoin hits two-month high, trades above $19,000 following December inflation data Digital assets are flashing signs of a potential short-term price recovery following a breakdown in the market last year and more than two months of subsequent sell-side pressure. Bellwether crypto bitcoin is now at its “greediest” point in four months, according to the Bitcoin […]
Account US stocks turn higher on optimism that inflation will cool further and allow the Fed to ease tightening US stocks closed higher Tuesday as optimism grew that inflation will continue cooling and give the Federal Reserve more room to ease its tightening campaign. Wall Street equity futures edged higher and European stocks climbed as traders […]
Account Weekly Market News Crypto News U.S. Investigators Subpoena Hedge Funds in Binance Money-Laundering Probe According to a report by Washington Post, federal prosecutors are investigating the relationship between U.S.-based hedge funds and Binance as part of a broader investigation into the crypto exchange’s potential violation of money-laundering rules. The U.S. attorney’s office for the Western […]
Account The Link Between Bitcoin and Inflation It has been said that some investors have flocked to bitcoin in order to protect their wealth from the impact of rampant inflation. But what does that mean, exactly? Bitcoin (BTC) is often touted as a hedge against inflation under the assumption that fiat money will eventually decrease in […]