Earnings Scheduled For August 11, 2022
Companies Reporting Before The Bell
• Magic Software (NASDAQ:MGIC) is projected to report quarterly earnings at $0.27 per share on revenue of $131.70 million.
JP Mogan Says Crypto Markets ‘Have Found A Floor’: Why Bitcoin, Ethereum May Have Bottomed
Asserting that the anticipation over the Ethereum Merge was the main driver behind the rally in the cryptocurrency market over the last few weeks, financial services firm JPMorgan Chase & Co (NYSE:
What does the bill proposed by the Senate mean for crypto?
The crypto market has remained flat over the past few days, as Bitcoin (CRYPTO: BTC) ranges between $22,700 and $23,400. There is some renewed optimism however surrounding regulation. Yesterday, a bipartisan group of senators put forward a new bill that classifies Bitcoin and Ethereum as commodities.
‘I Have Four Children, That Money Was An Investment Into Their Futures’: Voyager Digital Bankruptcy Has Financially Destroyed Families, Creating Mistrust In Similar Platforms
Investor confidence in the companies that support the cryptocurrency industry still in its infancy has been damaged by the failure of the Voyager Digital Ltd (OTCMKTS: VYGVQ) crypto platform.
Vitalik Buterin Shares ‘Important Lesson’ To Save Yourself From Crypto Ponzi Schemes
Ethereum (CRYPTO: ETH) creator Vitalik Buterin cautioned his Twitter followers against investing in cryptocurrency projects that offer farfetched returns.
‘My Family’s Future Is Ruined’: Dozens Of Voyager Digital Customers Send Letters To Bankruptcy Judge
Jacob spent six years building his cryptocurrency portfolio to 100 Ethereum (CRYPTO: ETH) — worth around $138,000.
Mike Novogratz Predicts $500,000 Bitcoin By 2027 At Bloomberg Crypto Summit
At the Bloomberg Crypto Summit, Galaxy Investment Partners CEO Mike Novogratz stated he still believes Bitcoin (CRYPTO: BTC) will reach $500,000 within five years.
Failure Of Stablecoins Could Have Catastrophic Broader Financial Implications: ECB
Given that the largest stablecoins serve a critical function for crypto-asset markets’ liquidity, the failure of one of the largest stablecoins could have wide-ranging implications for crypto-asset markets and in turn contagion effects on the financial system, according to the European Central Bank (ECB).
Is Shiba Inu Gaining Legitimacy? Updates On Layer 2 Shibarium, SHI Stablecoin, And ShibaSwap DEX
Shiba Inu (CRYPTO: SHIB) has been making numerous strategic advances to enhance its ecosystems, including its Layer 2 Shibarium and its stablecoin set to release this year.
Aave Touts New Decentralized Stablecoin GHO
Decentralized finance (DeFi) platform Aave (CRYPTO: AAVE) is launching a new stablecoin called GHO.