News Archive - Economy Watch

Goldman Sachs to Acquire Celsius: Raising $2 Billion

Wall Street Behemoth Goldman Sachs is raising $2 Billion to acquire the assets of distressed cryptocurrency lender Celsius. It has harmed the recent Bitcoin and cryptocurrency meltdown.

Next Cryptocurrency to Explode – June 2022 Week 5

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. After enduring a lengthy downturn over the past few weeks, the crypto market appears to be picking up steam. Crypto analysts believe that we could be getting ready for our second week of… Continue reading Next Cryptocurrency to Explode – June 2022 Week 5

Report: FTX Eyeing a Stake in Crypto Lender BlockFi

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The crypto market has witnessed a slew of activities since the crypto winter began in May. Several moves have been made, and according to recent reports, a popular centralised exchange, FTX, still has… Continue reading Report: FTX Eyeing a Stake in Crypto Lender BlockFi

Can Bitcoin Price Fall to Zero? Chinese State-Run Media Warns

Bitcoin is already on a bearish run, and the latest news from a Chinese state-run newspaper adds further bearish pressure on BTC.

Peloton Stock 22% Down in June – Time to Buy PTON Stock?

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The price of Peloton stock is down 22% so far this month as the latest actions from the Federal Reserve including a 75bps rate hike implemented only a week ago have continued to… Continue reading Peloton Stock 22% Down in June – Time to Buy PTON Stock?

Exploit on Harmony Horizon Bridge Causes $100 Million in Losses

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Harmony – one of the most promising blockchain protocols – has suffered a technical setback. The breach on the network led to a theft of about $100m worth of altcoins. Harmony Horizon Bridge… Continue reading Exploit on Harmony Horizon Bridge Causes $100 Million in Losses

New Report Highlights Rise in Illegal Dogecoin Use

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Dogecoin (DOGE) is one of the world’s most popular meme coins. The cryptocurrency has made a name for itself despite the lack of a definitive use case. However, a new report from blockchain… Continue reading New Report Highlights Rise in Illegal Dogecoin Use

Polygon Shares Update Revealing Carbon Neutrality Achievement

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Layer 2 scaling solution Polygon has shared some progress on its mission to become a carbon-neutral platform. The blockchain protocol has inked a new partnership to offset the greenhouse emissions derived from its… Continue reading Polygon Shares Update Revealing Carbon Neutrality Achievement

ProShares Launches ETF Allowing Investors to Short Bitcoin

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Foremost crypto investment firm ProShares has launched a new product that allows investors to bet against Bitcoin’s price. The firm is looking to capitalise on the current market downturn to boost investor exposure… Continue reading ProShares Launches ETF Allowing Investors to Short Bitcoin

Next Cryptocurrency to Explode June 2022 Week 4

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The crypto market is stabilising after last week’s market bear run. Today marks the third successive day of gains, and investor sentiment is starting to shift a bit more positively. As is expected,… Continue reading Next Cryptocurrency to Explode June 2022 Week 4