Olemedia/iStock via Getty Images Bitcoin (BTC-USD) is on track to end the week ~1% lower, with investors remaining wary as the contagion from the implosion of troubled cryptocurrency exchange FTX continues. The top crypto fell to an over two-year low of $15.6K earlier this week and could potentially slide further. “There’s likely more to come … Read more
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week FTX and Binance’s ongoing saga: Everything that’s happened until now … Read more
The outgoing Prime Minister met Queen Margrethe to hand in her resignation at 1530 IMT. The outgoing Prime Minister met Queen Margrethe to hand in her resignation at 1530 IMT. A day after scoring a narrow election victory, Denmark’s Social Democratic Prime Minister Mette Frederiksen tendered her resignation on Wednesday to begin the process of … Read more
Kwarkot/iStock via Getty Images REITs gained more in value this week than the broader S&P 500 index, helped by solid results and upgraded outlook. The FTSE Nareit All Equity REITs index was up 6.43% W/W, while the Real Estate Select Sector SPDR ETF index grew 6.14%. Comparatively, the S&P 500 index increased only by 3.95% … Read more
American taxpayers will find a broader, more defined category encompassing cryptocurrencies and nonfungible tokens (NFTs) in their 2022 IRS tax forms. The draft bill released by the Internal Revenue Service features a well-defined Digital Assets section that outlines if and how taxpayers will account for the use of cryptocurrencies, stablecoins and NFTs. Page 16 of … Read more
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Publishing date: Sep 27, 2022 • 3 minutes ago • 12 minute read … Read more
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Publishing date: Sep 26, 2022 • 15 minutes ago • 2 minute read • Join the conversation Article content Italian shares jumped nearly 1% on Monday, outperforming their regional peers as Telecom Italia and financial stocks advanced after the right-wing coalition led by Georgia Meloni … Read more
Justin Paget Peloton Interactive (NASDAQ:PTON) was among the worst performers in the market on an already down day for most sectors, as a surprise shift in the boardroom added to pain for the fitness bike manufacturer. Shares of the former pandemic darling fell 10.32% in Tuesday’s session, adding to losses that have amounted to an … Read more
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Karen Freifeld and Alexandra Alper Article content WASHINGTON — The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said. The Commerce Department intends … Read more
The U.S. notice to chipmakers could harm Chinese firms’ ability to carry out advanced work like image recognition and hamper Nvidia’s business in the country The U.S. notice to chipmakers could harm Chinese firms’ ability to carry out advanced work like image recognition and hamper Nvidia’s business in the country Chip designer Nvidia Corp. this … Read more