CZ: Binance stores its clients’ assets in separate accounts from its own

The post CZ: Binance stores its clients’ assets in separate accounts from its own appeared on BitcoinEthereumNews.com. It has been reported that the CEO of Binance, Changpeng Zhao, also known as “CZ,” has issued a personal email to retail customers assuring them of Binance’s future and financial…

Dow Jones Futures: Market Rally Not Finished Yet; Tesla Shanghai Production Halted

The post Dow Jones Futures: Market Rally Not Finished Yet; Tesla Shanghai Production Halted appeared on BitcoinEthereumNews.com. Dow Jones futures will open on Monday evening, along with S&P 500 futures and Nasdaq futures, after the long Christmas weekend. Tesla Shanghai halted production while China rival Nio (NIO)…

Disney and Nike Share a Tough and Wild Story Together

The post Disney and Nike Share a Tough and Wild Story Together appeared on BitcoinEthereumNews.com. The Dow Jones Industrial Average  (^DJI)  began 2022 flying high. The blue chip index reached its all-time closing zenith at 36,799.65 points on Jan. 4, 2022. But from there, the…

Crypto is a nonexistent asset for big institutional investors

The post Crypto is a nonexistent asset for big institutional investors appeared on BitcoinEthereumNews.com. Big institutional investors are still largely staying away from the crypto market, as the asset class’ volatility poses a challenge to money managers, Jared Gross, head of institutional portfolio strategy…

Rubic DEX aggregator hack leads to $1.4m of user funds stolen

The post Rubic DEX aggregator hack leads to $1.4m of user funds stolen appeared on BitcoinEthereumNews.com. Cross-chain decentralized finance (DeFi) protocol Rubic was compromised, resulting in funds stored in its user’s addresses being siphoned out and transferred to the hackers. On Dec. 25, Rubic protocol announced…

Christmas Shopping? 3 Stocks To Bring Holiday Cheer

The post Christmas Shopping? 3 Stocks To Bring Holiday Cheer appeared on BitcoinEthereumNews.com. We’re down to the wire now, in the final week of 2022, as the days count down, and it’s time to find the last good stock buys for the year.…

Bearish Bets: A Retailer and 2 Other Stocks You Should Think About Shorting

The post Bearish Bets: A Retailer and 2 Other Stocks You Should Think About Shorting appeared on BitcoinEthereumNews.com. Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate,…

Crypto is a nonexistent asset for big institutional investors – JPMorgan exec

Big institutional investors are still largely staying away from the crypto market, as the asset class’ volatility poses a challenge to money managers, Jared Gross, head of institutional portfolio strategy at JPMorgan Asset Management, told Bloomberg.  “As an asset class, crypto is effectively nonexistent for most large institutional investors,” Gross noted, explaining that “the volatility is too […]

Elon Musk Says Twitter Is Getting Better Financially

The post Elon Musk Says Twitter Is Getting Better Financially appeared on BitcoinEthereumNews.com. Three months after taking control of Twitter, Elon Musk is adopting a less pessimistic tone about the future of the social network, which he defines as the Town Square of…

Citron Research: Ethereum Is the Best Crypto for Shorting

The post Citron Research: Ethereum Is the Best Crypto for Shorting appeared on BitcoinEthereumNews.com. Citron Research is betting big against cryptocurrencies. In particular, the company is focusing on Ethereum, which it claims is the best digital asset to short at the time of writing.…