FIVE Financial News
24.06 / 14:59
FIVE
CEO
Morningstar
Women prefer values-based investing. Here's what that might mean for their wealth
Women prefer investing in a way that helps the environment and does social good, some studies have found. Such values-based investing could help raise women's general enthusiasm for investing and boost long-term wealth, according to financial experts.
24.06 / 06:37
FIVE
Action
Santiment
Enjin-s on – A 25% rally, investors’ balances, and whatnot
The recovering market has allowed many cryptocurrencies to go on an uptrend, something that has elated investors considerably. However, what must be remembered is that most altcoins have been on a downtrend since May 2021, making recent rallies nothing more than a speck in their price action.
22.06 / 04:39
UPS
FIVE
Lawson
Deal
Martin Gilbert’s AssetCo strikes deal for SVM to build Edinburgh hub
AssetCo, the deals company set up by fund management veteran Martin Gilbert, has snapped up Edinburgh-headquartered SVM Asset Management to help build a hub in the Scottish city.
21.06 / 11:37
UPS
FIVE
Lawson
Deal
Martin Gilbert’s AssetCo strikes deal for SVM to build Edinburgh hub
AssetCo, the deals company set up by fund management veteran Martin Gilbert, has snapped up Edinburgh-headquartered SVM Asset Management to help build a hub in the Scottish city.
21.06 / 05:27
UPS
FIVE
Platform
Are the last 24 hours enough for investors to have a piece of CAKE?
The last 24 hours have seen significant growth for the PancakeSwap Network. According to data from CoinGecko, the network saw gains of 11% over a 24-hour period. In fact, CAKE was the most traded highlight token on the BNB Chain. With a sales volume of $82,772,676, CAKE was ahead of tokens such as GAL and BSW, which followed it closely with a sales volume of $55,461,497 and $10,865,393, respectively.
19.06 / 18:35
ETH
FIVE
Digital
Platform
Emerging Crypto Art Platform Outland Raises USD 5M Seed Round Led by OKG Ventures
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
18.06 / 12:15
FIVE
Aware
Platform
Action
MakerDAO’s actions against Aave had these repercussions on the DeFi platform
The crypto market continues to take heavy blows across the bearish market. Due to the current market turmoil, DeFi’s total value locked (TVL) decreased by 55% since the end of April. In fact, at press time, the total TVL decreased significantly this month. Recording a 10% decline (stood at $75 billion) in its TVL in the last 24 hours.
17.06 / 23:39
ETH
FIVE
CEO
Luna
analyst
This analyst decodes the mystery behind Celsius’ crippling meltdown
It is true the bear market is raining down on the entire cryptocurrency market. But the devastation has been more painful for some. Celsius is certainly a leading highlight of the crippling crypto institutions that is rumored to be edging towards insolvency.
17.06 / 19:33
UPS
FIVE
Cooper
Remark
China's Xi says trade with Russia expected to hit new records in the coming months
BEIJING — Chinese President Xi Jinping on Friday emphasized his country's commitment to trading with Russia, despite Western sanctions against Moscow over its invasion of Ukraine.
17.06 / 06:29
UPS
Citi
FIVE
Moodys
Financial
China's property troubles have pushed one debt indicator above levels seen in the financial crisis
BEIJING — A measure of risk levels for debt in Asia has surpassed its 2009 financial crisis high, thanks to a surge in downgrades of Chinese property developers since late last year, ratings agency Moody's said Wednesday.
15.06 / 23:13
Lowe's
FIVE
Chainlink: This pattern can shape LINK’s near-term trajectory
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.LINK
15.06 / 21:51
UPS
Target
FIVE
end
Fed members predict more hikes with the benchmark rate above 3% by year-end
The Federal Reserve said Wednesday it expects the fed funds rate to increase by another roughly 1.75 percentage points over the next four policy meetings to end the year above 3%.
15.06 / 21:29
FIVE
Takeover
Why a Credit Suisse takeover post-Archegos would need a very bold bidder
Five months ago, following the resignation of Sir António Horta-Osório as chair of Credit Suisse, I suggested it might be a good time for a predator to strike. Boy, was I wrong.
15.06 / 14:51
Lowe's
FIVE
Monero
Monero: Assessing the odds of XMR bouncing back
Monero [XMR] has been on free fall since the start of June as what started out as a minor retracement turned into a fully-fledged crash. XMR’s latest crash has so far undone the gains from its 75% rally that it achieved from mid to end of May.
15.06 / 10:53
FIVE
CEO
coinbase
Bitcoin
Crypto bear roars: Coinbase to lay off 1100 employees
Coinbase had already put in place a hiring freeze and rescinded a host of accepted job offers.In a blog, CEO Brian Armstrong says: "We appear to be entering a recession after a 10+ year economic boom. A recession could lead to another crypto winter, and could last for an extended period."Armstrong also says that Coinbase has grown "too quickly" from its headcount of 1250 at the beginning of 2021 and the firm now neds to manage expenses and increase efficiency.
15.06 / 09:57
FIVE
Fund-of-funds sector becomes more competitive after sluggish history
The inaugural HEC-Dow Jones Performance Ranking of Private Equity Fund-of-Funds 2021 has been dominated by US firms, which occupy all of the top five positions and eight of the top 10.
14.06 / 23:37
UPS
FIVE
CoinMarketCap
Invested in AAVE, DeFi? Your return per unit of stress might be…
“What is good for the goose is good for the gander.” Unfortunately so, the Decentralized Finance (DeFi) ecosystem is not spared from the current mishap facing the general cryptocurrency market.
14.06 / 20:55
FIVE
CEO
coinbase
Bitcoin
Crypto winter: Coinbase to lay off 1100 employees
Coinbase had already put in place a hiring freeze and rescinded a host of accepted job offers.In a blog, CEO Brian Armstrong says: "We appear to be entering a recession after a 10+ year economic boom. A recession could lead to another crypto winter, and could last for an extended period."Armstrong also says that Coinbase has grown "too quickly" from its headcount of 1250 at the beginning of 2021 and the firm now neds to manage expenses and increase efficiency.
14.06 / 16:33
FIVE
coinbase
Gemini
Bitcoin
Coinbase to lay off 1100 employees
Coinbase had already put in place a hiring freeze and rescinded a host of accepted job offers.The news comes as crypto markets are in freefall. Yesterday, bitcoin crashed to its lowest level since December 2020 after one of the crypto-economy's largest lenders, Celsius Network, suspended withdrawals on Sunday.Bitcoin is currently trading at around $22,000, down from an all-time peak of nearly $65,000.Yesterday, BlockFi said it is cutting about 20% if its staff, while Crypto.com said it will axe five per cent of its workforce.
14.06 / 15:43
UPS
ETH
FIVE
CryptoPunks, BAYC, MAYC, Azuki- Is price the antithesis of sales volume
According to data from CoinGecko, the NFT projects (CryptoPunks, Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki, and Doodles) which make up the top five projects by all-time volume on OpenSea, have all suffered a decline in their floor price in the last 24 hours.
14.06 / 10:59
FIVE
Takeover
Why a Credit Suisse takeover post-Archegos would need a very bold bidder
Five months ago, following the resignation of Sir António Horta-Osório as chairman of Credit Suisse, I suggested it might be a good time for a predator to strike. Boy was I wrong.
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