Reading Time: 2 minutes Bitcoin is coiling into a wedge that will determine its short term price action The continuation wedge suggests that down is a more likely direction than up Bitcoin hasn’t shown much strength since capitulating in June Bitcoin is coiling into a wedge that will determine its short term price action...
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Reading Time: 2 minutes Tiktok’s gaming unit head, Jason Fung, has left the video streamer to start his own blockchain video game company Meta0 will build a blockchain gaming platform from the ground up Blockchian gaming has so far promised much but delivered little The head of Tiktok’s gaming unit...
Reading Time: 2 minutes Voyager Digital has filed for Chapter 11 bankruptcy The Toronto-based lender has a $650+ million black hole caused by the crypto contagion Customers will be made whole with a combination of their holdings, funds recovered from 3AC, and Voyager tokens Voyager Digital...
Minneapolis CNN Business — For the first time in nearly two months, crude oil prices have fallen below $100 a barrel, reflecting investors’ growing concerns about a US recession that could crimp demand for oil. The price of West Texas Intermediate crude tumbled as much as 10% Tuesday, to hit a low of $97.43 before…
ImagePrime Minister Boris Johnson, center; Rishi Sunak, the chancellor of the Exchequer, right; and Sajid Javid, health secretary, in April.Credit...Pool photo by Frank AugsteinPrime Minister Boris Johnson of Britain was battling for his political survival Tuesday night after the bombshell resignations of two of his top cabinet officers. The resignations appeared to be a coordinated…
Updated Jul 4, 2022, 02:18pm EDT Topline Six months into this year—and on a day when gunfire killed at least six attending a Chicago area holiday parade—mass shootings and gun deaths in the United States rival 2021’s record-breaking figures, as a wave of gun violence that began at the start of the pandemic continues to…
Topline Pope Francis dismissed speculation about his poor health and plans to resign in the near future, according to an interview with Reuters published Monday, hinting at possible trips to Moscow and Kyiv amid criticism the Vatican has not done enough to condemn Russia’s invasion of Ukraine. Key Facts Pope Francis said he has no…
Topline Economists at Goldman Sachs hiked their inflation projections this weekend and warned clients that recent strong price spikes seem similar to those that preceded record inflation decades ago, joining other experts in forecasting inflation will last longer than previously expected. Key Facts In a note to clients Sunday night, Goldman economists said they expect…
Updated Jul 4, 2022, 06:04pm EDT Topline WNBA star Brittney Griner sent President Joe Biden a handwritten letter asking him to “do all you can” to bring her and other U.S. detainees home from Russia, Griner’s agents said Monday, three days after her widely criticized drug possession trial began in a Russian court. Key Facts…
Topline Singapore-based Vauld on Monday became the latest cryptocurrency platform to pause customer withdrawals as a result of the nascent market's steep decline over the past month, telling customers it will also explore restructuring options as analysts warn the market downtrend will likely continue until broader recession fears subside. Key Facts In a blog post…