Bitcoin miners’ revenue down 80% from peak. Can they survive this year?

Hello, welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. I’ll walk you through the latest and greatest in the digital asset world this week. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should … Read more

What happened Thursday | interest.co.nz

Here are the key things you need to know before you leave work today (or if you already work from home, before you shutdown your laptop). MORTGAGE RATE CHANGESNone to report for floating rates so far following the RBNZ’s +50 bps hike of the OCR to 3.50% yesterday. ICBC raised some popular fixed rates. Unity … Read more

Biden regulators cheer on crypto crackdown

The Biden administration on Monday laid out its most comprehensive analysis of the risks posed by cryptocurrency to financial stability, urging regulators and Congress to continue to bring enforcement cases against unlawful practices and pass new legislation that more thoroughly regulates the sector. The Financial Stability Oversight Council, which comprises the heads of every major … Read more

Futures exchange CME considers brokerage, taking cue from crypto rival FTX

CME Group Inc. criticized crypto exchange FTX’s plan to cut out the middlemen in the futures markets. Now, the Chicago exchange giant is taking a step in the same direction. In August, CME CME, -0.86% submitted paperwork to register a futures commission merchant, or FCM—essentially, a brokerage that would allow investors to buy and sell futures on … Read more

‘Eat the Rich: The GameStop Saga’ review: Netflix brings a David-vs-Goliath fight to rock Wall Street

CNN — The best part about “Eat the Rich: The GameStop Saga” is that it manages to tell a complicated financial story with a fair amount of humor and context, in a way that doesn’t discredit the various parties, who don’t spare them. of varying degrees of ridicule. The result is a Netflix documentary that, … Read more

‘Eat the Rich: The GameStop Saga’ review: Netflix brings a David-vs-Goliath fight to rock Wall Street

CNN — The best part about “Eat the Rich: The GameStop Saga” is that it manages to tell a complicated financial story with a fair amount of humor and context, in a way that doesn’t discredit the various parties, who don’t spare them. of varying degrees of ridicule. The result is a Netflix documentary that, … Read more

Premarket stocks: Is the bitcoin winter beginning to thaw out?

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business  —  It’s been a cold, hard crypto winter. But signs of a thaw, spurred … Read more

Tom DeMark says technical indicators are flashing downside risks to stocks. Here’s what he says about the euro and bitcoin.

The U.S. dollar has been a wrecking ball through financial markets, to the point where there’s now speculation global authorities may try to cooperate to stop the greenback’s ascent. But maybe they won’t need to. Famed technical analyst Tom DeMark, whose indicators are designed for anticipating turning points and overextended price moves, said the euro … Read more

Banks Are About To Face The Same Tsunami That Hit Telecom Twenty Years Ago

I fear global bank regulators are about to make a decision that will unintentionally “obsolete” the banks, by prohibiting a coming tech pivot. Making this mistake would guarantee that the tech industry continues going around the banks, right as internet-native payment technologies are starting to scale. The telecom sector offers a cautionary tale: When Voice-Over-Internet-Protocol … Read more

What happened Friday | interest.co.nz

Here are the key things you need to know before you leave work today (or if you already work from home, before you shutdown your laptop). MORTGAGE RATE CHANGESASB and HSBC both raised fixed home loan rates today. More here. In addition Aussie non-bank lender Resimac launched a 20yr mortgage term for Kiwi professional property … Read more