Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido accounting
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Federal Reserve Bank of Cleveland President Loretta Mester said she saw a compelling case for rolling out another 50 basis-point interest-rate hike earlier this month and the U.S. central bank has to be prepared to move higher if inflation remains stubbornly high. “At this juncture, the incoming data have not changed my view that we
In this week’s episode of Market Talks, Cointelegraph welcomes Michaël van de Poppe, a full-time day/swing trader in cryptocurrencies based at the Amsterdam Stock Exchange who’s interested in everything related to blockchain in combination with the current financial system. He is also the CEO and founder of Eight Global, a cryptocurrency education and consultancy platform. We kick
Derivatives traders tend to watch the US Commodity Futures Trading Commission closely on a Friday. This is the day the CFTC normally releases its weekly “commitments of traders” report showing overall positioning in derivatives markets, such as oil futures. This month, however, the data has been missing in action because a small, publicity-shy data group
Polygon rallied to a ten-month high on Thursday, as the token rose for a third straight session. Overall, cryptocurrency markets rebounded from recent losses, with the global market cap up 5.90% at the time of writing. Avalanche also surged, hitting a one-week high. Polygon (MATIC) Polygon (MATIC) surged to a ten-month high earlier in the
Jakub Porzycki | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Twilio — Shares jumped 19% after Twilio beat revenue expectations in its most recent quarter. The communications firm posted revenue of $1.02 billion, slightly better than the Refinitiv consensus estimate of $1 billion. related investing news Bernstein downgrades Tripadvisor,
Few neighborhoods exude more exclusive cachet than Malibu. Homes in the town behind the gates at Malibu Colony Estates, also known as the “original Malibu,” raise the bar even higher. Throw in a brand-new custom-built contemporary home, and you have a $35 million property that stands apart from any other. How often do new-builds in
The price of Bitcoin (BTC) has reached a new 2023 high of $25,000. The milestone comes after a surge in Bitcoin’s price over much of January. The last time Bitcoin’s price was around $25,000 was near mid-June 2022 on its way down to between $19,000 and $21,000, where it had hovered for several months, according to data from
Ethereum’s native token, Ether (ETH), has printed a death cross technical pattern versus Bitcoin (BTC) for the first time since May 2022, suggesting more pain ahead for ETH/BTC in the coming weeks. Previous ETH price death cross preceded 27.5% drop A death cross appears when an asset’s short-term 50-period moving average moves below its long-term
The fast-approaching spring home shopping season should feel a bit calmer than in recent years. Shoppers can expect competition for well-priced homes, but without the crowds of buyers that packed open houses like they did in 2021 and early 2022, according to a new Zillow analysis. “Affordability will still be a challenge for many buyers
Fundamental analysis is the process of finding the intrinsic value of an asset, with the goal to determine whether the asset is overvalued or undervalued. That information can then be leveraged along with technical analysis to decide whether to invest in or trade an asset. In cryptocurrency fundamental analysis, the approach is somewhat different than
Bitcoin (BTC) trended toward $24,000 at the Feb. 16 Wall Street open after fresh macroeconomic data from the United States overshot estimates. Hot U.S. PPI data “rattles” markets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retracing some of its latest gains on the day, trading at around $24,400 on Bitstamp at the time of
Switzerland has said it is legally impossible for it to confiscate the assets of sanctioned Russians held in the country, dealing a blow to European efforts to use that wealth for Ukrainian postwar reconstruction. Until now, Bern has moved in line with the EU in freezing the assets of high-profile Russians connected to the regime
Emails exchanged by former Barclays chief executive Jes Staley and the late convicted sex offender Jeffrey Epstein have been revealed in greater detail in a lawsuit filed by the US Virgin Islands against JPMorgan Chase. Newly unredacted portions of a complaint brought by the government of the Virgin Islands, where Epstein had a home, contains
Heading into the pandemic, lots of commentators said that retail and especially shopping malls were dead or dying. They were buried by ecommerce. They would never come back. People also said the pandemic moved that process along even faster than before. Today, however, the story has changed. Retail vacancies have dropped substantially. Retail seems to
Technology is a powerful force that has significantly influenced the future. It has enriched our lives in innumerable ways, from boosting productivity and efficiency to bridging geographical distances. Artificial intelligence (AI), machine learning (ML), robotics and 5G networks are reshaping industries, opening up new applications, and altering our way of life. For instance, precision medicine
The UK government’s decision to drop a court case over the rights of Europeans to remain in the country has been welcomed by the bloc’s watchdog for citizens’ interests. The Independent Monitoring Authority for the Citizens’ Rights Agreements said on Thursday it was pleased the Home Office would not proceed with an appeal against a
In this article SAM CSCO TRIP HAS SHAK SPCE Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Check out the companies making the biggest moves premarket: Shake Shack — Shares of the quick-service restaurant chain rose slightly after reporting a narrower loss than expected and same-store sales rose 5% year
Name: Simon DixonAnonymous: NoTwitter Followers: 109.1KKnown for: Co-founder of Bank To The Future and the dude who wrote the first-ever published book on Bitcoin. Who is this guy anyway? Simon Dixon is a true Bitcoin O.G. He is the author of the first-ever published book on Bitcoin in the world Bank to the Future, which
Crypto lender Celsius’ committee of unsecured creditors has chosen the digital asset investment firm Novawulf Digital Management to sponsor the company’s reorganization plan, according to a statement published on Wednesday. The proposed agreement would enable Celsius to exit the Chapter 11 bankruptcy process, and the new owners could begin distributing funds as early as June,
Nestled north of Miami between Aventura and Hollywood, about 20 minutes from Fort Lauderdale-Hollywood International Airport, the quiet 4.4-square-mile coastal town of Hallandale Beach is having its moment. A cool billion dollars’ worth of new development is ongoing in the city, reports the Hallandale Beach Community Development Agency. Along with its popular sandy beaches, acclaimed