• dYdX (DYDX) is a decentralized exchange platform for cryptocurrency margin trading for assets like BTC, ETH, SOL, DOT, and more. • In dYdX (DYDX) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about DYDX to analyze the future movement of the cryptocurrency. • The […]
CoinDesk Weighs Sale Amid Crypto Market Uncertainty, DCG Financial Troubles
• CoinDesk, a crypto-based firm, is weighing its options regarding a potential sale as it looks to attract growth capital. • According to the WSJ, the firm has recently received offers above $200 million. • This potential sale is a confirmation of Digital Currency Group’s (DCG) financial troubles, as the […]
Fidelity Acquires Fintech Firm Shoobx, Strengthening Private Market Presence
• Fidelity Investments, one of the world’s largest financial services providers has announced its complete acquisition of the global fintech firm, Shoobx. • Shoobx offers automated equity management operations and financing software for private companies at all growth stages, up to and including an initial public offering (IPO). • Fidelity […]
ByteDance Announces Hundreds of Job Cuts in China by 2022
• ByteDance, the parent firm of the social media platform TikTok, has cut hundreds of jobs across multiple departments by the end of 2022. • These job cuts come as part of the company’s plans to streamline operations. • ByteDance is one of the largest employers in china with a […]
Morocco Set to Introduce Crypto Regulatory Bill in Coming Days
• Morocco is ready to introduce its crypto regulatory bill after collaboration with the International Monetary Fund, World Bank, Moroccan Capital Markets Authority, and Insurance Supervisory Authority and Social Security. • Governor of Moroccan Central Bank, Bank Al-Maghrib, Abdellatif Jouahiri, has stated that the bill is ready and the country […]
Eurozone Bearish: Global War, Inflation, & Pandemic Weigh In
1. European stocks are set to close 2022 on a bearish sentiment due to macroeconomic factors such as the ongoing Russia-Ukraine war, record high inflation, and tightening monetary policy. 2. The Euro to US dollar derivative has been below the ratio of 1 for the first time since the 2008 […]
VanEck Suspends Two Russia ETFs Amid Western Sanctions
• VanEck recently announced that it is suspending two Russia ETFs due to a lack of Western investment interest. • The suspension is due to the Western sanctions against Russia, which have effectively prohibited major Russian stocks from trading in the West. • VanEck cited the inability to buy, sell, […]