Hyundai and its affiliate Kia are bullish about 2023, with the company expecting to make more sales than it did in the previous two years. The South Korean auto giant declared that their sales would jump 10% this year despite ongoing concerns about supply chain disruptions. The two companies sold over 6.5 million units last … Read more
Cryptocurrency companies continue to struggle in 2023’s first week, with businesses announcing notable layoffs and bankruptcy. So let us check what the year has had for the crypto space within the past seven days. Bitcoin (BTC) The distressing Texas winter storm in December last year forced BTC miners to return nearly 1.5K megawatts of power … Read more
Early into 2023, we want to assess the current state of BTC’s volatility and volume following the latest capitulation wave. These dynamics surfaced in October last year when the asset confirmed severely low volume and faded volatility phase in Bitcoin price, triggering worries of an impending downside leg, which emerged early in November. Once again, … Read more
Ethereum whales capitalize on the opportunity from Shiba Inu’s near-term gains. An absence of massive demand could relegate Shiba Inu to a constricted range. According to January 5 Whalestats analysis, Shiba Inu joined the top ten list of digital coins by trading volume by the leading 500 Ether whales. That presents a lucrative signal for … Read more
Giants like China, the United Kingdom, and the United states, including Singapore, are the names that cross our minds upon the mention of the metaverse. Following these adoptions, other nations and companies have dived into digital assets. Currently, South Korea is drafting a plan to dominate the metaverse. South Korea has the urge to digitize … Read more
While 2022 didn’t unfold as planned, with the S&P 500 and Nasdaq Composite ending the year down 19% and 33%, respectively, bear markets are known to present hidden opportunities. These events, which occur once in a blue moon, enable shrewd investors to invest in innovative, game-changing companies at discounted prices. As we move forward into … Read more
Orbeon Protocol (ORBN), Toncoin (TON), and Solana (SOL) are the trio that’s attracting attention from crypto analysts and investors as potential leading performers in the coming year. ORBN has drawn interest due to its massive 805% surge, currently in pre-sale phase three. Such a staggering surge had some analysts forecasting 6000% profits from ORBN. Though … Read more
SUSHI’s CTO revealed the project’s 2022 summary and plans for upcoming times. Market indicators and metrics flashed bullishness. SushiSwap’s Chief Technology Officer highlighted what the blockchain presented over the final two quarters of 2022. He tweeted that the third and fourth quarters confirmed the need to focus on the platform upgrade, and they resorted to … Read more
On Tuesday, the stock market in Japan closed higher, with the Nikkei 225 index rising by 0.16%. The gains in the stock market are due to positive performance in the shipbuilding, mining, chemical, petroleum, and plastic sectors. The Nikkei 225 stock market index tracks the performance of 225 large and publicly-traded companies listed on the … Read more
Former cryptocurrency billionaire Bankman-Fried is free after judges grant bail in Manhattan. Bankman-Fried will be released on a $250 million bail under control at his parents’ home, both professors at Stanford Law School. The judge in the case, Gabriel Gorenstein, ruled on Thursday. Bankman-Fried’s Extradition According to the Guardian newspaper, SBF appeared on ankle chains … Read more
