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Understanding crypto trading

Crypto markets have hit the floor, says JP Morgan

August 9, 2022 by www.moneycontrol.com

Even as Bitcoin fell as much as 75 percent from its all-time high in November last year, crypto prices, notably those of Bitcoin and Ethereum have rebounded considerably in July (Image: Shutterstock) Anticipation over the Merge, a much-awaited upgrade to the Ethereum (ETH) network, is the main driver behind a rally in cryptocurrencies over the last few weeks, financial services firm JP Morgan said, and claimed the market had hit the floor despite subdued trading volumes. Even as the world’s largest digital currency Bitcoin (BTC) fell as much as 75 percent from its all-time high in November last year, crypto prices, notably those of BTC and ETH have rebounded considerably in July, gaining 36 percent and 102 percent, respectively, from their mid-June lows. With BTC crossing the psychologically important level of $24,000, the crypto market has reclaimed the $1 trillion level in market value, led by a rise in the prices of blue-chip tokens. Limited contagion from Terra … [Read more...] about Crypto markets have hit the floor, says JP Morgan

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Coinbase disappoints with user forecast, revenue miss

August 10, 2022 by www.theedgemarkets.com

- A + A PORTLAND/NEW YORK (Aug 10): Coinbase Global Inc has posted a record US$1.1 billion (RM4.9 billion) second-quarter loss and lower-than-expected revenue as the largest US cryptocurrency exchange was battered by tumbling digital-asset prices. Shares of the company, which were first listed last April, dropped about 6% in US pre–market trading. Coinbase has slumped 65% so far this year amid what has been labelled as the latest "crypto winter". Revenue declined by more than 60% to US$808.3 million, missing the US$854.8 million estimate from analysts polled by Bloomberg . Monthly transacting users dropped to nine million in the second quarter, a 2% decline from prior quarter. Trading volume also missed estimates, with bitcoin's share of trading volume rising to 31% from 24%. Total assets on platform plunged 63% to US$96 billion. "The current downturn came fast and furious," the company said in a shareholder letter, adding that soft crypto market conditions are … [Read more...] about Coinbase disappoints with user forecast, revenue miss

Filed Under: Uncategorized revenue forecast, forecast revenue

Ranking Your Local Food Business in Bangkok, Thailand for 2022

June 11, 2022 by www.chiangraitimes.com

Thailand is famous all around the world for its iconic Thai food and any local food business. According to an expectation, there are around 100000 restaurants established in the country. This figure is monstrous, considering the size! And talking of local street vendors in the country, the number rose beyond 500000. Therefore, you are getting a lot of opportunities if you have thought of owning a local Food business in Bangkok. You need to have good marketing teams if you want to rank your local food business in Bangkok. You really have to work on content promotion when you are trying to establish your food business in Bangkok. In this article, we are going to focus on the ways you could follow to rank your Local Food Business in Bangkok. The Best Restaurants In Bangkok There are many restaurants that are operating in Bangkok. But some of them created their own niche through food quality and a whole lot of other aspects. These restaurants are highly … [Read more...] about Ranking Your Local Food Business in Bangkok, Thailand for 2022

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