Cryptocurrencies joined other world markets in a modest rally after the much-awaited speech by Fed Chair Jerome Powell on Tuesday stopped short of commenting on the monetary policy or interest rate action. Sentiment also remained positive amidst expectations that the latest CPI readings due from the U.S. on Thursday would […]

Bitcoin’s turbulent performance in 2022 hasn’t deterred big players from predicting a promising run for the asset in 2023. Bloomberg is one such platform with a bullish outlook on Bitcoin and presents notable reasons why the asset is poised to see rapid growth in the new year. Bloomberg cites the […]

Shares of Life Time Group Holdings, Inc. (LTH) are rising more than 13% Monday morning after the company provided fourth-quarter outlook for revenue, which is better than last year. The company expects fourth quarter revenue to be in the range of $472 million-$473 million. In the last year’s fourth quarter […]

Shares of drive-through coffee chain Dutch Bros Inc. (BROS) are rising more than 9% Monday morning after the company provided preliminary 2023 revenue outlook, better than estimates. Dutch Bros added that it plans to open 150 new shops this year. For the full year, the company expects revenue in the […]

In recent years, Bitcoin has emerged as a popular alternative to traditional assets such as gold, with many proponents arguing that it is a superior store of value. Here are five reasons why Bitcoin may be a better store of value asset than gold: Limited supply: One of the key […]

Shares of Spruce Biosciences, Inc. (SPRB) are rising more than 100% Friday morning after the company announced partnership with Japan’s Kaken Pharmaceutical to develop Spruce’s investigational drug, tildacerfont, for the treatment of congenial adrenal hyperplasia (CAH). As per the deal, Spruce will receive an upfront payment of $15 million, with […]

Crypto markets continued its subdued tone shedding more than half a percent in the past 24 hours. Sentiment remained weak ahead of the release of the crucial jobs data from the U.S. on Friday. Earlier, data released from the U.S. on Thursday had shown private businesses creating more jobs than […]

Cryptocurrencies remain muted early on Thursday amidst markets digesting the full import of the discussions at the recent FOMC. The FOMC minutes released on Wednesday revealed a longer than expected period of high interest rates. The minutes has specifically noted that none of the participants anticipated that it would be […]

Luke Dashrj, one of the longest contributing Bitcoin Core developers, claims to have lost well over 200 BTC (roughly $3.34 million) this past weekend after his wallet keys were compromised. The developer disclosed the incident in a tweet on Monday, January 1st, saying; “My PGP key is compromised, and at […]

Ethereum transactions outpaced BTC over fourfold in 2022 with over 400 million trades.  BTC topped the search charts as expected, with Ethereum finishing the year in a distant fourth place behind Shiba Inu and DOGE. A cross-section of crypto users believes that ETH has all the metrics to outpace BTC […]