Markets

JPMorgan figures for Q3 2023 exceeded expectations like it did in Q2. However, figures like revenue and EPS were higher last quarter. JPMorgan Chase (NYSE: JPM) has published an earnings report for the year’s third quarter. The reported figures show that JPMorgan scaled analysts expectations for profit in Q3 2023. JPMorgan Q3 2023 JPMorgan reported earnings per share (EPS) at $4.33 for the quarter, higher than the estimated $3.86. The bank also said its profit jumped to $13.15 billion,...

The initiative follows the introduction of a roadmap proposed in a synthesis paper by the IMF and FSB, aimed at fostering international policies and regulations for crypto assets. With the growing participation of investors in the crypto market, the group of G20 Finance Ministers and Central Bank Governors (FMCBG) have agreed to work on a common roadmap in handling the challenges associated with the crypto market. The roadmap was introduced through a collaborative synthesis paper by the...

The CoinList staking fund offers US accredited investors an opportunity to earn a yield on their digital assets through investment in a private fund. CoinList, an established launchpad for crypto-related projects, has announced the launch of its staking fund meant for the US select customers. According to the announcement, the CoinList staking fund will offer accredited investors in the United States to earn different yields from their digital assets. Some of the supported digital assets...

Aside from Coinbase has raised concerns about the potential adverse impact of the proposed law across various sectors within the digital asset ecosystem. The recent proposal from the US Internal Revenue Service (IRS) regarding crypto tax regulations has drawn strong criticism from Coinbase, the largest cryptocurrency exchange in the United States. Expressing deep concern, the exchange emphasized that the proposed IRS rule could pose a significant threat to both the crypto industry and the...

Bitcoin cash price started a fresh decline below the $230 zone against the US Dollar. The price is now trading below the $225 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $214 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could start a fresh decline if it stays below the $225 resistance zone. Bitcoin cash price is struggling below the $230 zone against the US Dollar,...

Bitcoin short-term holders’ supply has taken a severe hit this year, while the asset itself wiped all the gains of ‘Uptober’ following several corrections and a failure to launch a meaningful rally. But as the price of Bitcoin recovers, the STH NUPL metric approaching equilibrium could spell trouble for the market, putting the asset at the risk of facing increased sell pressure from this cohort of investors in the near term. Bitcoin Short-Term Holders May Exert Selling...

TL;DR Despite SHIB’s market drop, whales bought billions of tokens, with one transaction totaling $31 million. Predictions hint at SHIB nearing its price bottom, with the potential to reach an 8-month high soon. Recent Shibarium advancements and Shiba Inu’s token burn are highlighted as positive indicators for the coin’s future. Whales Seem Undeterred Despite SHIB’s Plunge The valuation of the popular memecoin – Shiba Inu (SHIB) – has recently dropped significantly in...

The crypto landscape has evolved significantly since the inception of Bitcoin (BTC). And market observers suggest Bitcoin Spark (BTCS), Avalanche (AVAX), Stellar (XLM), and Monero (XMR) are redefining crypto standards. Avalanche Avalanche is a blockchain platform that seeks to tackle the blockchain trilemma of scalability, security, and decentralization with its unique Proof of Stake (PoS) consensus mechanism. Avalanche supports smart contracts and decentralized applications...

Delta AirLines see strong demand for international travel during the fourth quarter of 2023. However, rising fuel costs can eat into the company’s profits. In their latest update, Delta Air Lines (NYSE: DAL) reported that their profits jumped by a staggering 60% during the third quarter (Q3 2023) as the travel demand remained strong during the summer. This was particularly true for international trips, said the airline operator. However, Delta Air Lines noted that the full-year earnings...

Are you looking to make a long-term investment in crypto, or planning to carry out a large value investment in the asset class? You may want to consider crypto OTC trading rather than doing it the traditional way. Over the counter trading has many additional benefits, while giving heightened protection to your personal information and finances! In this post, we discuss the whats and the whys of crypto OTC trading, and find out why it is a good option for you! As a...