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Elon Musk Says Twitter is Nearing ‘Breakeven’ Even as Controversies Rage On
Elon Musk, who acquired Twitter in October 2022 has said that the social media company is now “trending to breakeven.” The billionaire had previously flagged Twitter bankruptcy concerns and said that it was losing $4 million a day. Musk acquired... -
Binance CZ: Stablecoin Regulation Could Fuel Mass Adoption Of Digital Currencies
On February 1st, Binance CEO Changpeng Zhao (CZ) tweeted that stablecoin regulation could potentially accelerate its growth. CZ believes that these regulations will increase the adoption of stablecoins for cross-border payments, aid disbursements, and inflation hedging. https://twitter.com/uicidalbanker/status/1621256538525417472?s=20&t=AksCv37yvF-XnXW9SYkExA It should be... -
FTX Extends Bid Deadline for European and Japanese Subsidiaries: Here’s What You Need To Know
The bankrupt cryptocurrency exchange FTX has requested an extension of the deadline for bids on its subsidiaries in Europe and Japan. The administrators are working hard to find the funds to pay the creditors. It's important to remember that in... -
Indonesia Set to Launch Cryptocurrency Exchange by June 2023 Ahead of Regulatory Shift
The Indonesian government is set to launch a cryptocurrency exchange in June to shift regulatory powers over digital assets to the Financial Services Authority (FSA). Shifting Digital Assets Regulatory Oversight to Indonesia Government The Indonesian Ministry of Finance considers cryptocurrency... -
Meta CEO Zuckerberg Keen on Metaverse Plans Despite $13.7 Billion Loss in 2022
Despite previous setbacks, Meta CEO Mark Zuckerberg stated recently during a fourth-quarter earnings meeting that the company remains committed to exploring the metaverse industry and developing more innovative projects. Meta’s Innovative Long-Term Strategy for the Metaverse Meta’s founder and CEO,... -
Meta Platforms Stock Surges as ‘Year of Efficiency’ Offsets 2022 Revenue Decline
Meta Platforms (NYSE: META) stock is up almost 20% in US premarkets today after reporting its earnings for the fourth quarter of 2022. The company missed earnings estimates due to restructuring costs but beat on revenues. Meta Platforms also talked... -
Bots Are Driving Safemoon & BNB Up: Here’s What The Latest Twitter Statistics Show
Analysis of Twitter data obtained through the Utradea financial information API indicates that interactions regarding BNB and Safemoon are primarily created by bots. An analysis of the ten most tweeted stock tickers over the past 24 hours has revealed two... -
UK Government Turns Its Sight to Crypto Following Recent Proposal
The UK government is taking a closer look into regulating crypto. According to a recent release from His Majesty’s Revenue and Customs (HMRC), the tax agency is also looking for better proposals to regulate the burgeoning crypto industry. Dynamic Crypto... -
Mastercard and Binance Team Up to Launch Second Prepaid Crypto Card in Brazil
Popular online payment solution MasterCard has recently joined forces with Binance to launch a new crypto debit card in the Latin American region. According to the world’s largest crypto exchange, the crypto debit card will allow Brazilian crypto users to... -
New Match-Trader White Label Package by B2Broker Offers Comprehensive Trading Solution for Brokerage Businesses
B2Broker, an international liquidity and technology provider for the FX and cryptocurrency markets, has revealed its further extension of white label liquidity via integration with Match-Trader. With this new partnership comes a comprehensive solution that includes competitive rates and a...
