The crypto world is on high alert after a sudden wipeout of over $1. 5 billion. This massive liquidation event has left traders wondering what's next. It's not clear what caused the sell-off, but it's a stark reminder of how unpredictable crypto markets can be. Ether and other tokens took a hit, forcing traders to close out their leveraged bets. This isn't just any ...
Crypto prices are a bit lower today, but not by much. It's not a huge drop, just a small one. Gold, on the other hand, is doing better. In the last day, a lot of traders lost money. Over 153, 000 of them got liquidated, and the total loss was around $343 million. But not all coins are down. Some, like Aster, Mantle, and Zcash, are actually up. There's a lot happenin...
Stephan Lutz, the CEO of BitMEX, has a background that spans business administration, economics, banking, and finance. He began his career as a corporate finance analyst at Dresdener Bank and later moved to Deutsche Börse, where he became fascinated by blockchain technology. Despite his impressive resume, Lutz was drawn to the crypto world and joined BitMEX in 2020. ...
In the vast landscape of finance and economics, there's a space where curious minds gather to discuss the latest happenings. This is the realm of Odd Lots, a platform that offers a daily dose of insights and conversations. It's not just about the hosts, Joe Weisenthal and Tracy Alloway, sharing their perspectives on market trends and economic shifts. It's also about ...
Big things are happening in the world of crypto. VanEck, a major investment company, has just asked the SEC for permission to create a special fund called the VanEck JitoSOL ETF. This fund is all about JitoSOL, a type of token that lets people earn rewards on the Solana network while still being able to trade it freely. This isn't just any fund. It's the first of it...
Crypto prices shot up after Jerome Powell, the head of the Federal Reserve, hinted at possible interest rate cuts. This news made crypto traders feel hopeful. Bitcoin, Ethereum, and XRP saw big jumps in their values. Bitcoin reached $116, 518. 85. Ethereum hit $4, 629. 78. XRP crossed $3. 00. Other coins like Solana, Dogecoin, and Shiba Inu also saw gains. Traders ...
FanDuel, a big name in online betting, has teamed up with CME Group to let people bet on financial markets. This isn't just about sports anymore. Now, you can bet on things like the S&P 500, oil prices, even cryptocurrencies. It's like a casino for investors. This isn't just for big players. You can start betting with just $1. The plan is to roll this out later this...
Crypto prices took a hit recently. Bitcoin and Ethereum both dropped after new data showed inflation is rising. This news made investors nervous. They worry that prices might keep going up, which could hurt crypto values. A well-known crypto expert pointed out that Ethereum and other altcoins tried to reach a key price level. This level is a major resistance point, ...
On a recent Thursday, a familiar face on Fox Business, Maria Bartiromo, delivered some harsh truths about the economy. The Bureau of Labor Statistics dropped a bombshell: wholesale prices skyrocketed in July, hitting a three-year high. This wasn't good news for anyone, least of all President Donald Trump, who's been pushing hard on tariffs. Bartiromo, usually a Trum...
A big legal fight is heating up in Texas. A judge recently said a lawsuit against some of the world's biggest investment companies can move forward. The states involved think these companies are breaking the rules by pushing for climate change action. They say this is making energy more expensive. The states claim that BlackRock, State Street, and Vanguard are worki...