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Cryptocurrency exchange HTX has reinstated deposits and withdrawals of Bitcoin (BTC) after the initial halt. The Justin Sun linked exchange halted the transactions following a hack last week, resulting in a loss of about $30 million worth of digital assets. Sun confirmed the news on X (formerly Twitter), saying that deposits and withdrawals were back […]

• November 27, 2023 04:46 AM PST
• Invezz

Citigroup (NYSE: C) stock price is doing modestly well this year as investors cheer Jane Fraser’s turnaround strategy. The shares have risen by about 2.65% this year, outperforming other Wall Street companies like Morgan Stanley, Goldman Sachs, and Bank of America. Jane Fraser has a tough job ahead Citigroup is the 18th bank in the […]

• November 27, 2023 03:39 AM PST
• Invezz

Gaming platform Axie Infinity has seen a surging user base over the past month, fueling AXS’s bullish outlook. Dappradar data shows the project’s enthusiasts increased by 31.99% within the past month, increasing monthly volume by over 115% to $51.64 million. The user base growth matches AXS’s latest recovery and keeps its future lucrative. The altcoin […]

• November 27, 2023 01:40 AM PST
• Invezz

Circle Internet Financial, the issuer of US dollar-pegged stablecoin USDC, has partnered with Japanese financial services multinational SBI Holdings to expand the adoption of USDC in Japan. The two firms announced on Monday that they had signed a Memorandum of Understanding (MOU) towards promoting USDC circulation and adoption of Circle’s Web3 Services in Japan. Circle […]

• November 27, 2023 01:22 AM PST
• Invezz

Cryptocurrency prices have not started the week well. Bitcoin price retreated to $37,361 while the total market cap of all digital currencies dropped by 1.50% to $1.42. Some of the worst performers were tokens like Blur, FTX Token, Celestia (TIA), Mina, and ApeCoin. The main outlier were tokens associated with Terra, which imploded in May […]

• November 27, 2023 01:18 AM PST
• Invezz

The Cosmos Hub community passed proposal #848 to cut the ATOM’s inflation to 10%. While 41.1% of the participants supported the initiative, the project’s founder, Jae Kwon, has called for a blockchain split. Kwon has revealed an upcoming hardfork that will see the crypto network launching a new platform called AtomOne. His bold move aims […]

• November 27, 2023 12:36 AM PST
• Invezz

It is hard to get excited after looking at Whitbread's (LON:WTB) recent performance, when its stock has declined 6.2% over the past three months. However, the company's fundamentals look pretty decent...

• November 26, 2023 09:48 PM PST
• EODHD

The S&P 500 index (SPX) has been in a remarkable rally in the past few weeks as the momentum has accelerated. The index jumped to a high of $4,560, its highest point since August 1st. It is also nearing the year-to-date high of $4,603.  Peak Federal Reserve hikes The SPX index has been in a […]

• November 26, 2023 08:08 PM PST
• Invezz

Post the pandemic period, China’s recovery remains uneven and less certain than initially anticipated as deflationary and consumer demand pressures continue to cause concern. For January to October 2023, profits earned by China’s industrial firms fell by 7.8% YoY, improving from the 9.0% decline in the January through September data. In absolute terms, industrial profits […]

• November 26, 2023 07:01 PM PST
• Invezz

The ProShares Ultra Bloomberg Natural Gas (BOIL) ETF has been a bad performer over the years. It has crashed by over 95% in the past 12 months and by 99.9% since inception. It has severely lagged the performance of natural gas and other energy ETFs. What is the ProShares Ultra Bloomberg Natural gas ETF? The […]

• November 26, 2023 06:05 PM PST
• Invezz