Category Archive: Finance, No picture
Reaching The End Of Offshored Industrialization
Image Source: Unsplash Moving industrialization offshore can look like a good idea at first. But as fossil fuel energy supplies deplete, this strategy works less well. Countries doing the mining and manufacturing may be less interested in trading. Also, the broken supply lines of 2020 and 2021 showed that transferring major industries offshore could lead to […]
Apeiron embraces competitiveness to drive Web3 gaming growth
Web3 game Apeiron announced the start of its Guild Wars tournament on May 21, featuring a $1 million prize pool. The competition will start with different regional online preliminaries up until June 25, followed by an in-person showdown set to happen in Hong Kong in Q3.Frank Cheng, co-founder of Apeiron, explained to Crypto Briefing that […]
European Cannabis Q1 2024 Quarterly Update
Image Source: Unsplash 2024 ushered in one of the most reformatory changes that the global medical cannabis community has ever witnessed. The EU market received a massive spotlight on the potentially explosive growth coming and the much-needed injection of investors entering back to the sector. Shifts The first major shift that was announced came for the […]
Uniswap Labs claims SEC will fail, urges agency to drop enforcement action
Uniswap Labs has urged the SEC to drop its pending enforcement action against the company. Arguing through a response to the agency’s Wells notice, Uniswap Labs CLO Martin Ammori said that the SEC would have to redefine what an exchange is to have jurisdiction over Uniswap. Today we responded to the SEC’s Wells notice We […]
Implied Volatility May Rise Into Nvidia’s Results
Image Source: Pexels The VIX is stuck around 12 currently until tomorrow’s OPEX, and then it may begin to rise again, heading into Nvidia results.Video Length: 00:06:09More By This Author:Stocks Finish Flat As Rates Recover Post-CPI Declines Stocks End Higher As Implied Volatility Drops Following CPI Report Stocks Rally On Post CPI Volatility Crush
Q1 2024 U.S. Retail Scorecard – Tuesday, May 21
Image Source: Unsplash To date, 147 of the 201 companies in our Retail/Restaurant Index have reported their EPS results for Q1 2024, representing 73% of the index. Of those companies that have reported their quarterly results, 74% announced profits that beat analysts’ expectations, while 1% delivered on-target results and 25% reported earnings that fell below estimates. […]
Farcaster raises $150M led by Paradigm to expand decentralized social network
Farcaster, a decentralized social media platform built on the Ethereum blockchain and Optimism’s layer-2 ecosystem, has raised $150 million in a funding round led by Paradigm, with participation from notable investors such as a16z, Haun, USV, Variant, and Standard Crypto.Founder Dan Romero announced the successful fundraising in a recent post, stating that the funds will […]
FTSE – AstraZeneca Helps The Blue Chip Index Recover Early Losses
Image Source: Pexels On Tuesday, London stocks initially declined, following the trend of weakness in Asian markets due to the cautious stance on inflation by U.S. Federal Reserve officials. However, AstraZeneca’s gains helped limit the overall market losses. The FTSE 100, recovered to trade up by 0.24%. Investor confidence wavered as Federal Reserve officials on Monday […]
Ethereum researcher alleges Wikipedia of biased Solana coverage
Ethereum researcher Emmanuel Awosika posted allegations on X that Wikipedia has an anti-crypto stance, with its coverage of Solana, in particular, being unfair. The allegations made by Awosika also put into questions regarding the involvement of Molly White in editing crypto-related articles on the platform. “[…] people have complained about Wikipedia’s coverage of the crypto […]
Soulbound: Your all-in-one hub for gaming, streaming, and creativity
Soulbound, the avant-garde gaming ecosystem, is taking the world by storm with its unique features and dynamic offerings. Positioned as the ultimate web3 destination, Soulbound is redefining the gaming experience for gamers, streamers, guilds, and artists alike.Soulbound offers a comprehensive platform for gamers to showcase their achievements, embark on in-game quests, stream-to-earn, and share their […]
