“If you think about where we are right now, the Federal Reserve Board is fighting something that it hasn’t really seen in almost four decades, which is inflation. Inflation is a bit like toothpaste: once you get it out of the tube, it’s hard to get it back in, right?“ — Paul Tudor Jones Billionaire …
Celsius founder and recently resigned CEO Alex Mashinsky as he appeared in a promotional video for Celsius uploaded to YouTube. The video was deleted after the company imploded.Screenshots: YouTube Three executives at crypto trading platform Celsius cashed out at least $40 million in cryptocurrency shortly before the company halted withdrawals for all users earlier this …
Celsius Execs Cashed Out $40 Million Before Halting Withdrawals Read More »
Binance founder and CEO Chinese-born Canadian Changpeng Zhao, who also goes by CZ, is a prolific tweeter, but all his talk of “courage” all seems to point to attempts to corner the market.Photo: ERIC PIERMONT/AFP (Getty Images) In a few weeks’ time, stablecoin holders on Binance will find their crypto doesn’t carry the same name, …
Jim Cramer speaking to camera on Tuesday while performing his manic stockbroker routine, a bit that felt forced and awkward even a decade ago.Screenshots: CNBC / YouTube Jim Cramer, the TV clown your grandfather watches when he can’t find the remote, had some horrifying news for viewers of his CNBC program Mad Money on Tuesday. …
TV’s Crypto Hype Man Worries People on TV Are Hyping Crypto Too Much Read More »
The S&P 500 ended its four-week-long recovery last week after minutes from the Federal Reserve’s July meeting hinted that the central bank’s rate hikes will continue until inflation is under control. Members of the Fed said there was no evidence that inflation pressures appeared to be easing. Another dampener was the statement by St. Louis …
Here’s 5 cryptocurrencies with bullish setups that are on the verge of a breakout Read More »
Some market gurus are starting to worry that the summer rally on Wall Street may be starting to fizzle, after stocks quickly lurched from oversold to overbought. Gene Goldman, chief investment officer of Cetera Financial Group, explained that stocks are likely headed for a pullback, even though the economy is in better shape than many …
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The crypto market collapse of 2022 has been one of the most painful bear markets in the brief history of …
