Veteran macro investor Dan Tapiero shared his views on the growth of the cryptocurrency market in a recent interview with Scott Melker. Tapiero is Managing Partner and CEO at 10T Holdings, which is a growth equity fund focused on investing in mid-to-late-stage digital asset ecosystem (DAE) companies. Portfolio companies include […]
Shares of JPMorgan Chase & Co. (JPM) are rising more than 7% Friday morning after reporting better-than-expected first-quarter results. Profit in the first quarter increased more than 50% to $12.62 billion or $4.10 per share from $8.28 billion or $2.63 per share in the same quarter a year ago. Analysts […]
Cryptocurrencies have gained close to 2 percent in the past 24 hours amidst mixed inflation data and hints of a mild recession in the minutes of the previous FOMC held on March 21-22. Though inflation moved much on expected lines, minutes of the previous FOMC revealed the staff’s projection of […]
Shares of Kala Pharmaceuticals, Inc. (KALA) are rising more than 5% Wednesday morning after the company said it received FDA fast track designation for KPI-012, a human mesenchymal stem cell secretome (MSC-S) therapy for persistent corneal epithelial defect (PCED). Fast Track designation for a drug candidate makes the company eligible […]
Mt. Gox’s Trustee has concluded the process to register its creditors ahead of repayment. The Trustee will make preparations and conduct the necessary verifications before commencing repayment. The repayment process is expected to be completed by 31 October 2023. The creditors of Mt. Gox are one step closer to accessing […]
On Thursday (April 6), Binance CEO CZ recently expressed his admiration for a mystery individual who has been spreading the gospel of Bitcoin in an unconventional way. In the ever-evolving world of cryptocurrencies, there are many unsung heroes who have made significant contributions to the ecosystem. Recently, CZ, the Co-Founder […]
Digital Currency Group’s (DCG) Foundry will soon stop offering free services to its customers. The Bitcoin mining firm will begin charging a pool fee from its members starting April 19, 2023. Foundry has provided its mining pool services for free since its inception in 2019. Foundry, the Bitcoin mining firm […]
Bloomberg Intelligence Senior Macro Strategist Mike McGlone recently joined David Lin on his YouTube show to discuss his bullish outlook on Bitcoin (BTC), especially amidst looming economic recession concerns. McGlone expressed confidence in the flagship cryptocurrency, believing it will outperform most risk assets as it continues to mature. According to McGlone, […]
Cryptocurrencies extended gains amidst a bleak labor market environment that dimmed chances of an aggressive stance by the Fed. Close on the heels of the lackluster factory output data, figures released on Tuesday showed job openings in the U.S. vastly lower than expectations, as well as previous readings. The number […]
Shares of Protagonist Therapeutics, Inc. (PTGX) are falling more than 8% Wednesday morning after the company priced its previously-announced public offering of 5 million shares at $20 per share. The company expects gross proceeds of about $100 million from the offering, which is expected to close on or about April […]
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