Silvergate Stock Plummets 45% on Major Staff Cuts, Massive Withdrawals

The post Silvergate Stock Plummets 45% on Major Staff Cuts, Massive Withdrawals appeared on BitcoinEthereumNews.com. In a preliminary fourth quarter earnings report, crypto bank Silvergate revealed it weathered a run that saw customers pull more than $8 billion from accounts. The bank was forced to…

If Bed Bath & Beyond goes out of business, here’s what may happen to its rivals

The post If Bed Bath & Beyond goes out of business, here’s what may happen to its rivals appeared on BitcoinEthereumNews.com. A Bed Bath & Bust scenario could bring some short-term financial pain to rival home furnishings retailers amid aggressive going-out-of-business clearance sales nationwide, one expert warned. “In the short-term, the…

Chinese criminal steals $4.1M in crypto from victim’s car

The post Chinese criminal steals $4.1M in crypto from victim’s car appeared on BitcoinEthereumNews.com. An attacker used a crypto investor’s facial ID to unlock his wallet by force and transferred $4.1 million to his own address in China on Jan.1, as reported by local…

Citi has just cut its rating on U.S. stocks to underweight. Here’s why and what it prefers.

The post Citi has just cut its rating on U.S. stocks to underweight. Here’s why and what it prefers. appeared on BitcoinEthereumNews.com. While leading indicators seem to be suggesting both that the U.S. economy is headed for a downturn and that price pressures are cooling, the Federal Reserve seems determined to wait…

Sam Bankman-Fried Files Request to Keep Hold of $450M in Robinhood Stock

The post Sam Bankman-Fried Files Request to Keep Hold of $450M in Robinhood Stock appeared on BitcoinEthereumNews.com. Disgraced FTX founder Sam Bankman-Fried has filed a request to keep hold of his 56 million shares of the consumer trading app Robinhood, worth roughly $450 million at current prices.…

Can I Use Retirement Funds to Buy a Second Home?

The post Can I Use Retirement Funds to Buy a Second Home? appeared on BitcoinEthereumNews.com. SmartAsset: Can You Use Retirement Funds to Buy a Second Home? Can you use retirement funds to buy a second home? Technically, yes. Retirement funds are funded with your money.…

Microsoft Official Has High Hopes for Metaverse

The post Microsoft Official Has High Hopes for Metaverse appeared on BitcoinEthereumNews.com. Microsoft association with Metaverse firm Touchcast has resulted in data manufacture of the Fiat model, which according to Bzeih, is a “natural progression”. American multinational technological corporation Microsoft (MSFT) has…

Bitcoin, Ethereum Technical Analysis: BTC, ETH Surge to Start the Weekend, Following Friday’s Payrolls

Bitcoin moved closer to the $17,000 level to start the weekend, as traders continued to react to the latest U.S. nonfarm payrolls data. December’s payrolls came in at 223,000, which was better than the 200,000 markets had expected. Ethereum was also higher on Saturday, with prices nearing a three-week high. Bitcoin Bitcoin (BTC) moved closer […]

Cardano’s Djed Stablecoin Scores New Partnership Ahead of Launch

The post Cardano’s Djed Stablecoin Scores New Partnership Ahead of Launch appeared on BitcoinEthereumNews.com. The COTI network has announced a new Djed partnership, this time with Yepple, a blockchain development startup that offers NFT payment gateways that accept any fungible native token as payment. We are…

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