Shares of Chinese wealth management service provider Noah Holdings Limited (NOAH) are falling more than 7% in the morning trade on Wednesday after pricing the global offering of 1.1 million Class A ordinary shares. The company has priced the offering at HK292.00 per Share, or about US$18.60 per ADS based […]

Hong Kong-based cryptocurrency exchange Huobi is set to expand its crypto-related business to the U.S. in the future. Its subsidiary HBIT Inc. has successfully obtained the Money Services Business (MSB) license issued by the U.S. Financial Crimes Enforcement Network (FinCEN). This will be a re-entry to the U.S. market for […]

The number of active cryptocurrency users at Bank of America has fallen by more than 50% from its peak during the height of the cryptocurrency bull market as cryptocurrency prices plunge and Bitcoin posts its worst quarter in more than a decade. According to Bloomberg, the bank’s cryptocurrency users dropped […]

Shares of Tupperware Brands Corporation (TUP) are rising more than 16% Tuesday morning after New Image Group said it has acquired skincare and cosmetics brand Nutrimetics from Tupperware. The acquisition includes Nutrimetics Australia, Nutrimetics International New Zealand, Nutrimetics Manufacturing and Nutrimetics France, New Image said. TUP is at $7.78. It […]

Crypto markets turned edgy amidst a fresh wave of fear in the world financial markets on the recessionary impact of aggressive interest rate hikes by central banks. The anxiety lifted the safe-haven Dollar and the Dollar Index to a more than 20-year high of 106.59. Cryptocurrency market capitalization dropped to […]

Asian stock markets traded mostly higher. European stocks are however trading deep in the red amidst a surge in gas prices and mounting concerns of a recession. The Wall Street Futures are also trading in negative territory. Meanwhile, the Australian central bank hiked rates by another 50 basis points. The […]

A key indicator shared by cryptocurrency analyst Ali Martinez that has accurately timed previous Bitcoin ($BTC) bear market bottoms in the last two bearish cycles is seemingly suggesting that the cryptocurrency is highly undervalued. According to the crypto analyst, back in 2015 Bitcoin’s MVRV index, which is calculated by dividing […]

On Monday, Bitcoin continued to display frailty alongside other cryptocurrencies with most volatility being sapped over the weekend ahead of today’s U.S. Independence Day Holiday. Already, the pioneer cryptocurrency is down by about 75% from its all-time high and roughly 57% in the past 30 days alone. As of writing, […]

Financial freedom show “InvestAnswers” is still bullish on the risk-to-reward ratio for Bitcoin despite the market crash.  In a YouTube video released on June 26, the anonymous host of InvestAnswers said that Bitcoin will likely still offer an attractive return on investment (ROI) compared to other assets. He compared BTC […]

Summary: Timothy Peterson has forecasted that the United States might already be in a recession. If such is the case, the Bitcoin and crypto markets could drop by an additional 20 – 40%. Bitcoin’s 2017 all-time high of around $20k continues to be the make-or-break level. Bitcoin and crypto analyst, […]