In one of its columns, a news magazine, The Telegraph reported that Tesla would soon make public, details of colossal losses accruing to the company
Author: Shree Edwards
Cryptos Price Analysis (July 2 – July 8, 2022): BTC, SAND, APE, MANA, and ENJ
Bitcoin and the altcoins have made a further downward move. The cryptocurrencies were unable to sustain their previous bullish move, hence the selling pressure. The
In the Face of Dwindling Fortunes, Huobi Set to Reduce Its Workforce to About 70%
A new development is unfolding as the stage appears set for the reduction of the workforce of Huobi. Recently, there has been a slump in the economic fortunes of several digital currency exchanges and Huobi, a leading cryptocurrency establishment and a household name that once held sway in parts of China, like its other counterparts suffering from ills within the industry, is already working and perfecting an arrangement that will bring about a reduction in the size of its employees. Facts to Consider Although details are still quite sketchy, there are rumours that the company will go ahead with its plan to cut the number of its workers due to one primary reason: a significant decrease in its profit. The company is expected to make an official statement on this sooner or later. This incidence is occurring when some other cryptocurrency managers are seriously considering and pruning down the size of their labour force. Some notables within this category are Bybit and CryptoCom. Others include BlockFi and Coinbase, a dominant crypto exchange in the United States market that went ahead to announce a reduction of its staff strength by 18% earlier in June 2022.
European Union Regulator Revisits France’s Approval of Crypto Exchange Binance
EU Lawmaker Questions France’s Approval of Crypto Exchange Binance A French lawmaker is urging the country’s market regulator to reconsider its “incomprehensible” decision last month
BTC, SAND, APE, MANA, and ENJ: Bearish trends to resume in earnest
Bitcoin and the altcoins are still in a downward correction as buyers fail to keep prices above the moving averages, hence the downward correction. Upside
More Crises Are Anticipated for Binance Coin (BNB) As the Securities and Exchange Commission’s Probe Intensifies.
These are not the best of times for subscribers of Binance coin. The service desk of the crypto asset has hinted at the possibility of
Shiba Inu & Bitcoin ATMs Installed in 59 Latino Grocery Stores in the U.S.
America’s biggest Hispanic supermarket chain ‘Cardenas Markets’ will soon install Shiba Inu and Bitcoin AMTs on the store premises. Cardenas Markets boasts 59 stores across
Cryptos Price Analysis (June 18 – June 24, 2022): BTC, SAND, APE, MANA, and ENJ
Bitcoin and the altcoins have fallen below their critical support level. For instance, Bitcoin has fallen from the $20,000 psychological price level. The $20,000 price
Other Non-monetary Instances Abound for the Use of Blockchain, Writes Vitalik Buterin
A columnist and co-creator of Ethereum and Bitcoin regular publications, Vitalik Buterin, has advocated for other uses of the blockchain technology beyond just financials. A
NYSE’s Ex-Chairwoman to Advise Uniswap
A new consultant has been appointed by Uniswap. She is Stacey Cunningham who before now, headed the New York Stock Exchange as the first woman