In a recent blog post, Gabriel Makhlouf, Governor of the Central Bank of Ireland, advocated for a rigorous regulatory approach towards the burgeoning crypto sector. Makhlouf’s remarks come after a tumultuous year for digital assets, dubbed the “crypto winter,” that saw major market volatility and failures like the crash of […]

Crypto markets remain subdued early on Tuesday amidst anxiety ahead of the release of the CPI numbers from the U.S. With the Fed’s clear guidance that its actions would be dependent on incoming information including those on inflation and labor market, markets are in a cautious mood. Markets expect the […]

Sologenic Co-Founder Bob Ras recently revealed his insights on Bitcoin’s trajectory amidst the current banking crisis and potential changes in the Federal Reserve’s monetary policy. Speaking to Phil Rosen, a Senior Report at Business Insider, Ras indirectly outlined how Bitcoin has been increasingly viewed as a viable hedge, given its […]

The cryptocurrency market has recently experienced a striking downturn, causing concern among investors. Bitcoin, in particular, which three weeks ago topped $30,000 for the first time since June 2022, has dropped roughly 8%, despite its range bound price. At press time on Monday, the leading cryptocurrency by market capitalization was […]

Shares of ANI Pharmaceuticals, Inc. (ANIP) are rising more than 16% Monday morning after reporting better-than-expected first-quarter results. The company also raised its full-year outlook, above analysts’ view. ANI reported a profit of $1.0 million, or $0.06 per share for the quarter, compared with a loss of $20.5 million or […]

Shares of healthcare solutions provider Owens & Minor, Inc. (OMI) are rising more than 34% Friday morning after the company raised its full-year outlook. Owens & Minor now expects 2023 revenue in the range of $10.2 billion – $10.6 billion, up from the previous guidance of $10.1 billion – $10.5 […]

Despite relief from the Fed signaling a pause in its interest rate hikes, cryptocurrencies hovered below the flatline amidst gloom following the ECB’s hawkish stance and anxiety ahead of release of the crucial jobs data from the U.S. on Friday. The European Central Bank hiking rates by 25 basis points […]

Shares of Wayfair Inc. (W), an e-commerce company that sells furniture and home goods online, are rising more than 17% Thursday morning after reporting better-than-expected first-quarter results. “This was a strong quarter for Wayfair, and we are pleased to be seeing consistent market share gains and a significant improvement in […]

Hyatt Hotels Corp. (H) reported Thursday that its first-quarter net income was $58 million, compared to net loss of $73 million a year ago. Earnings per share was $0.53, compared to loss of $0.67 last year. Adjusted net income was $45 million, compared to Adjusted net loss of $36 million […]

The latest analysis from crypto analyst Miles Deutscher offers some intriguing insights about the current state of the crypto market. In a recent remark on 3 May 2023, Deutscher compared Ethereum to a casino, drawing an interesting parallel between the two. “If meme coins are gambling, then Ethereum is the […]