December 6 2022 🕓 5 min
Billionaires with extreme differences on the state of crypto
Well-known investors and media figures share their insights on crypto along with their outlook for the next few years. The differences will surprise you.
Market Movers
December 6 2022
Wheat price slides lower
Wheat futures continue to tumble to $7, reaching levels not seen since September 2021. This is the direct result of strong supply from the world’s top producers and signs of smaller demand. Wheat is down 45% from its peak since Ukraine started exporting the commodity again after a long shutdown.
December 6 2022
Strict crypto advertising rules introduced
The Financial Conduct Authority (FCA) consultation implies reducing the number of firms with marketing communications approval authority. Once the Financial Services and Markets Bill is enacted into law, only businesses with FCA permission will be able to approve crypto advertising material.
December 6 2022
GitLab surges after Q3 results 📈
After falling 7% for the day, GitLab surged almost 20% to $45 after hours when they posted quarterly results. Analysts had forecasted a loss of $0.15 per share on revenue of $106 million. GitLab racked up $113 million in revenue instead, with a $0.10 loss per share.
December 5 2022 🕓 4 min
Bitcoin is up 12% – are bulls coming back?
Bitcoin is in one of the longest and toughest bear markets in history. Yet, several signals show it may be poised to bounce back up.
December 3 2022 🕓 5 min
Is ECB’s new blog deliberately lying about Bitcoin?
Many people have harsh words for Bitcoin as crypto struggles in 2022, and the ECB joined them in their most recent blog. However, is its critique sound?
December 2 2022 🕓 3 min
$25 million stolen in yet another crypto hack
Two cryptocurrencies were hacked on Friday, resulting in a multi-million dollar loss. Some funds have been frozen by the Binance CEO.
December 1 2022 🕓 4 min
How have Lionel Messi and Argentina affected crypto markets?
Argentina surprised the world by losing to Saudi Arabia, which caused the ARG token to tumble by more than 30%. Yet, their team managed to win their group.
November 30 2022 🕓 3 min
More than 215 million people can officially pay with crypto
While Brazil has allowed cryptocurrencies as a form of payment, they haven't been accepted as legal tender just yet.
November 29 2022 🕓 3 min
Almost 50,000 BTC bought recently – rally incoming?
Crypto whales are accumulating large portions of Bitcoin, equal to approximately $800 million in just a few days.
November 28 2022 🕓 5 min
These are the most brutal FTX acts recently uncovered
The FTX crash dominated the media and drew the entire market with it, exposing huge fraud and embezzlement.