ADVFN Daily News

Coinbase Records 50% Loss as the Effect of Crypto Bearish Market Trend Intensifies

Nov 04 2022 @ 12:43
Coinbase revenue fell by over 50% from past years, as cryptocurrency buying and selling activities slow down. Consequently, this has caused the company to lose $545 million compared to a profit of $ 406 million during the third quarter of the last two years (2021). Coinbase raked in as high as 90% of its gains […]
 

EUR/USD Gathers Profit Under 0.9800 Before United States NFP

Nov 04 2022 @ 08:34
EUR/USD picks up Momentum and moves towards 0.9800 during the early hours of today. Also, the United States Jobs for October will probably influence the pair when it is published later today. This report is likely to aid the US dollar against its counterpart Which will then drive the pair before the weekend begins. A […]
 

Dapper Labs Sacks 22% of their Staff

Nov 03 2022 @ 10:28
The NFT giant Dapper Labs are having a fair share of the current bearish trend in the crypto market. The company had to reduce the size of its staff to manage the worsening conditions in the Cryptocurrency sector. Given the current macroeconomic situation, the company reported sacking 22% of its staff. The Chief executive officer […]
 

ADVFN Morning London Market Report: Thursday 3 November 2022

Nov 03 2022 @ 05:38
London open: FTSE falls on hawkish Fed, ahead of BoE announcement London stocks fell in early trade on Thursday, taking their cue from a weak US session after the Federal Reserve lifted rates by 75 basis points overnight and struck a hawkish note on the outlook. At 0825 GMT, the FTSE 100 was down 0.8% […]
 

GBP/USD Falls Further Below 1.1500 Due to USD Upside Correction

Nov 02 2022 @ 15:15
GBP/USD has been ranging near 1.1500 after yesterday’s (Tuesday’s) choppy action, while the market was trying to adjust to the Fed’s policy decisions. Also, the larger than anticipated JOLTS job opening data for September, plus the mild upbeat in the ISMs, and the PMI study for last month (October) assisted the USD to recover from […]
 

ADVFN Morning London Market Report: Wednesday 2 November 2022

Nov 02 2022 @ 09:38
London open: Stocks flat ahead of Fed announcement; Next rallies London stocks were little changed in early trade on Wednesday as investors sifted through a raft of corporate news and eyed the latest policy announcement from the US Federal Reserve. At 0835 GMT, the FTSE 100 was flat at 7,185.92, while the pound was up […]
 

Factors Behind the Better Performance of Ethereum Than Bitcoin

Nov 02 2022 @ 07:16
The Cryptocurrency market has recovered more than 9% over the past weeks. This has raised the overall Capitalization to beyond $1 trillion once more. Meanwhile, some crypto has been doing well than others and Ethereum has been performing better than Bitcoin during the past week. Ethereum has moved up by 17% to its present price […]
 

Reason behind Binance Investing $500 Million into Elon Musk’s Twitter Deal

Nov 01 2022 @ 12:21
The biggest crypto exchange Binance was one of those giving financial aid to Elon Musk’s acquisition of Twitter. As a result, this has seen Binance investing $500 million into this deal. The CEO of Binance opines that this media platform will get rid of numerous issues, which includes spam remarks and fraud account. Twitter Ought […]
 

Vitalik Buterin Excited About the Delay of Numerous ETFs

Nov 01 2022 @ 12:17
The Joint Founder of Ethereum very recently considered cryptocurrency regulation, pointing out that he is kind of excited that regulators keep declining cryptocurrency exchange-traded funds proposals. In a more expanded controversial Twitter thread on October 30th, Vitalik reiterated that the cryptocurrency sector is still in its infancy of drawing institutional acceptance because it calls for...
 

ADVFN Morning London Market Report: Tuesday 1 November 2022

Nov 01 2022 @ 05:59
London open: Miners pace the gains as investors eye Fed meeting London stocks rallied in early trade on Tuesday, with miners and Ocado pacing the advance, as investors eyed the start of the Federal Reserve’s two-day policy meeting. At 0840 GMT, the FTSE 100 was up 1.5% at 7,197.54, while sterling was 0.5% higher against the dollar […]
 
 
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