Crypto Is Down But Not Out, Here’s Why
The crypto market has already taken lots of hits in 2022. Heavy hits came with the collapse of Terra, a majorly touted crypto that at one point was one of ...
Advertisements
Tag: Business
Gold Is Not Done Plunging, But 2023 Outlooks Seems Enticing As Fed Begins To Ease – ING
Based on the current market conditions, gold seems to be still in danger of dropping lower and giving up its recent gains. Nonetheless, the long-term outlook seems more constructive as ...
US Senator Ted Cruz Wants Texas To Become A Crypto Oasis
Texas combines a lot of energy at relatively low prices with free enterprise, as highlighted by US Senator Ted Cruz. The legislator wants to make the American state an oasis ...
Blackstone’s $69B REIT Limits Redemptions Severely Hitting Property Empire
Blackstone Inc (BX.N) restricted withdrawals from its $69 billion unlisted real estate income trust (REIT) on Thursday after a rise in redemption requests, an unprecedented blow to a franchise that ...
Will Grayscale Become The Next FTX?
Currently, Grayscale appears to be fighting the good fight for everybody in the cryptocurrency space. On November 18, Grayscale, the asset manager that operates the world’s biggest Bitcoin (BTC) fund, ...
Blackstone REIT Limitation Is A Probable Warning Sign For Markets
While there has been little huge fallout from this week's rise in redemption requests at an unlisted Blackstone real estate income trust (REIT), it is being seen by some as ...
US Senate Committee Hearing On FTX Fail Reveals Gaps In Regulatory Authority
CFTC chair Rostin Behnam appeared before a Senate Agriculture Committee to talk about how FTX happened and how it might have been prevented. The United States Commodity Futures Trading Commission ...
U.S. Chamber Of Commerce Cautions Against Draft EU Plan To Shut Out Non-EU Cloud Vendors
The U.S. Chamber of Commerce and a dozen other groups on Thursday cautioned the European Union against implementing rules that could shut out Alphabet (GOOGL.O) unit Google, Amazon (AMZN.O), Microsoft ...
JP Morgan Cuts 2023 S&P 500 Earnings Projection By 9%
JP Morgan on December 1, 2022, cut its 2023 earnings projection for S&P 500 firms, citing weaker demand, and pricing power, limited buy-backs and margin compression. JPM strategists now estimate ...
Fed’s Powell: Rate Hikes To Slow Down, But Adjustment Continues
Federal Reserve Chair Jerome Powell on Wednesday said it was time to reduce the pace of future interest rate rises while also flagging a protracted economic adjustment to a world ...