Hong Kong CNN — China’s heavy-handed crackdown on tech giants is coming to an end and the country’s economic growth is expected to be back on track soon, according to a top central bank official. The crackdown on fintech operations of more than a dozen internet companies is “basically” over, said Guo Shuqingthe Communist Party … Read more
Lidl says a rise of almost 25% in UK sales during the key festive season reflected a surge in new shoppers switching from rivals because of the cost of living crisis. The discount chain said it benefited from 1.3 million more customers in the week ahead of Christmas compared with the previous year. Shoppers switched … Read more
Bitcoin’s hefty $10 million plus-sized transactions have experienced a dramatic drawdown since the collapse of FTX. Earlier, such transactions held around 42.8% of the total volumes. FTX collapse leads to BTC transaction volume kickbacks Amid the crypto ecosystem’s drawdowns, the intelligence and data platform Glassnode revealed that the befallen virtual currency exchange, FTX led to … Read more
New York CNN — Negotiations aimed at averting a nurses strike at two major New York City hospitals went past a midnight deadline with a walk-out by 7,000 nurses looming as soon as 6 a.m. ET Monday. Tentative deals were reached in recent days covering nurses at seven hospitals, including two hospitals that reached deals … Read more
CHZ becomes the most traded token among whales but this might be selling pressure. CHZ whales are trimming their balances, curtailing the chances of a strong rally. Investors holding Chile’s native token CHZ have been expecting a strong recovery this month after its crash in the last two months. The latest WhaleStats alert might reinforce … Read more
The Suez Canal in Ismailia, Egypt, on Thursday, March 25, 2021. Islam Safwat | Bloomberg | Getty Images ulk carrier Glory ran aground in the Suez Canal on Monday morning, according to shipping agency Leth, who said efforts to refloat the vessel were underway. Live map data from maritime intelligence provider MarineTraffic indicate the vessel was … Read more
Is there a concise way to describe the sports landscape throughout crypto over the past year? It’s been climbs to mountain top highs, dips and dives to unthinkable lows, and everything in between. We saw smashing new sponsorship deals that rose to prominence and crashed to rock bottom all in less than a year’s span. … Read more
Elon Musk has good reason to laugh at those naysayers who predicted Twitter would crash as soon as he laid off half its workforce. Without engineers to keep it going, opined the critics, the platform would collapse. Two months later, the social media site is still alive and may have even grown.Its demise, however, is … Read more
The cryptocurrency space has been on the grayer side of the financial space since its conception. But with bitcoin and the traditional financial and crypto sector in general getting more intertwinedthe government now seems to have found a way for cryptocurrency to be taxed. The past year has been difficult for cryptocurrency. Collapses from big … Read more
CNN — The NFL playoffs are set following the Green Bay Packers 20-16 loss to the Detroit Lions Sunday night. With the Packers loss, the Seattle Seahawks clinched the final NFC Wild Card spot. Earlier Sunday, the Miami Dolphins clinched the final AFC Wild Card spot following an 11-6 win over the New York Jets. … Read more
Solana rallied over 20% and surpassed $15 against the US Dollar. SOL price is showing positive signs and might rise further above the $16.80 resistance. Sol price started a fresh increase above the $12 and $15 levels against the US Dollar. The price is now trading above $15 and the 100 simple moving average (4-hours). … Read more
The biggest impact of the cost of living crisis is yet to come, according to new research which suggests the average household will be £2,100 worse off by the end of the next financial year. Analysis from the Resolution Foundation think tank suggests families across the UK have only experienced half the lost income they … Read more
Seattle’s public school district filed a lawsuit against Big Tech claiming that the companies were responsible for a worsening mental health crisis among students and directly affected the schools’ ability to carry out their educational mission. The complaint, filed on Friday against Alphabet Inc, Meta Platforms Inc, Snap Inc, and TikTok-owner ByteDance with the U.S. … Read more
CNN — Buffalo Bills safety Damar Hamlin has shown continued progress with his recovery after his cardiac arrest and on-field collapse, and expects to be released from the hospital in the coming days, a source told CNN. Six days after 24-year-old Hamlin suffered a cardiac arrest and collapsed during a game against the Cincinnati Bengals, … Read more
Hackers hide malware in fake NFT game A phishing website purporting to offer a Pokémon-branded nonfungible token (NFT) card game has been spreading malware to unsuspecting gamers, a cybersecurity firm has warned. The website, which at the time of writing was still online, also claims to offer an NFT marketplace, with a link to buy … Read more
Is the metaverse closer than we think? It depends on who you ask at CES, where companies are showing off innovations that could immerse us deeper into virtual reality, otherwise known as VR. The metaverse — essentially a buzzword for three-dimensional virtual communities where people can meet, work and play — was a key theme … Read more
Australian crypto exchange Swyftx is set to shutter its crypto-interest product this week, citing a “constantly changing regulatory landscape” for crypto products in the country. From Jan. 10 local time, the crypto exchange will cease to operate the “Earn” program, while users will have their entire Earn balances returned to their trade wallets. Swyftx said the … Read more
Ethereum climbed higher and surpassed the $1,300 resistance zone against the US Dollar. ETH is consolidating gains and might aim more upsides towards the $1,400 resistance. Ethereum was able to gain pace for a move above the $1,275 and $1,280 resistance levels. The price is now trading above $1,280 and the 100 hourly simple moving … Read more
WhatsApp may soon enable users to save disappearing messages. The Meta-owned instant messaging platform is reportedly working on a feature called “kept messages” that will allow anyone to temporarily save a fleeting disappearing chat and keep it as is (for everyone), even if the message has expired. A kept message is shown to have its … Read more
All businesses are set to secure further taxpayer support for their energy bills when the current scheme ends in March but at a reduced cost to the taxpayer. The government is set to confirm later on Monday that it has decided on applying a discount to wholesale prices, for up to a year, following talks … Read more
On Jan. 8, crypto payments firm Wyre announced that it was “modifying its withdrawal policy.” The move adds a limit to withdrawals of no more than 90% of the funds in customer accounts. In other words, Wyre users cannot completely empty their accounts. There are additional withdrawal limits of 5 BTC and 50 ETH per … Read more
Elon Musk has urged a federal judge to shift a trial in a shareholder lawsuit out of San Francisco because he says negative local media coverage has biased potential jurors against him. Instead, in a filing submitted late Friday — less than two weeks before the trial was set to begin on January 17 — Musk’s … Read more
FTX’s Bahamian company spent a staggering amount of money on luxury hotels and accommodation, flights, and food just nine months before the exchange’s collapse, court filings revealed. In bankruptcy court documents reviewed by Business Insider, FTX Digital Markets went through $40 million between January to September 2022, just two months before the company filed for … Read more
The $114.4 hurdle could give QNT bears more leverage. A break above the 100-period EMA of $116.1 would invalidate the bias. Supply held by top addresses was unchanged despite an increase in the whale transaction count. Quant’s (QNT) price action formed a double-bottom pattern in recent weeks. This could have set QNT up for an … Read more
According to a report by Santiment, Quant (QNT) has just recorded its largest amount of whale transactions in 16 months. The on-chain analytics platform noted that 187 QNT transactions were executed today, culminating in a value of over $100,000, the highest the Quant Network has recorded since September 2021. Quant Whale Activity Soaring Source: Santiment … Read more
