Exit Financial News

Holders of the largest cryptocurrency, Bitcoin [BTC], might have a cause to be joyous in the coming days, blockchain analytics platform, Santiment, recently found.

Crypto lenders such as Voyager boomed during the COVID-19 pandemic.

Voyager Digital Ltd Chief Financial Officer Ashwin Prithipaul is preparing to step down from his role within months of his appointment at the crypto lender that filed for bankruptcy in July. The company said on Friday the finance head would resign after a «transition period» to pursue other opportunities, and that Chief Executive Officer Stephen Ehrlich will head the role in the interim. Crypto lenders such as Voyager boomed during the COVID-19 pandemic, drawing depositors with high interest rates and easy access to loans rarely offered by traditional banks. But inflation and subsequent rate hikes by the U.S. Federal Reserve led to a wide sell-off in the alternative asset class that dealt a heavy blow to several companies in the sector.

Sweden's ruling left-wing Social Democrats won the most votes in the country's general election Sunday, while a right-wing populist party had its best showing yet, exit polls showed.

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Bitcoin (BTC) starts a new week fresh from a new multi-week low amid a return of highly nervous sentiment.

Dogecoin [DOGE], the world’s leading meme coin in terms of market capitalization, gained steady upward momentum in late June after marking its 2022 low of $0.050.

Michael Burry, the investor who famously shorted the 2008 housing bubble, has dumped nearly all the stocks in his portfolio during Q2, suggesting there may be carnage ahead for stock and crypto markets.

Fewer people have fallen victim to cryptocurrency scams in 2022 so far due to falling asset prices and the exit of inexperienced crypto users from the market, a new crypto crime report reveals. 

Nasdaq-listed digital asset investment firm Eqonex has announced it will be exiting the “crowded crypto exchange space” by shuttering part of its operations.

Citigroup's James Fleming is now the sole head of its UK dealmaking unit following the departure of key investment banker Jan Skarbek.

MicroStrategy (MSTR) stock opened higher on Aug. 3 as investors digested the news of its CEO Michael Saylor's exit after a depressive quarterly earnings report.

Chiliz’s native cryptocurrency CHZ was not left behind as the market surprisingly switched in favor of a strong mid-week rally. In fact, CHZ managed to pull off an impressive 36% uptick in just three days.

Uniswap [UNI] made a critical achievement this week while going through a series of events. On the macro scale, the last seven days have pushed Uniswap closer to recovering three months’ losses.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer.

A victory with a taste of defeat: President Emmanuel Macron's Ensemble alliance is certainly in the lead in the second and final round of the legislative elections, but far from an absolute majority in the face of the strong breakthrough of the united left as well as the National Rally, according to exit polls.

The cryptocurrency space has spent the entire year struggling as many market experts expect a deep bearish phase. Many cryptocurrencies have fallen from regions seen as all-time highs over a year ago. Although the market has been struggling, UNFI, the native token of the Unifi Protocol DAO has been able to post over 200% gains in the last 24 hours.

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The global crypto market cap fell below the $1 trillion level post the market-wide drawdowns. Without a surprise, the crypto fear and greed index gauged the sentiment to be in the extreme fear zone as it plunged to its record low at the time of writing.

The first exit polls after the French parliamentary election's opening round on Sunday show that President Emmanuel Macron's coalition Ensemble is well on its way to gathering most of the 577 seats available to the MPs chasing the new five-year term.

It is no secret that NFTs have taken the crypto world by storm. From fads to outright scams, NFTs have been pretty much-called everything. However, the NFT craze has given the world works of digital art that have been sold for million with pieces featuring the famous “Bored Ape Yacht Club”, a collection of cat images called CryptoKitties.