The cut to hold by the formerly bullish analyst team comes after the stock has suffered a 67% year-over-year decline. Author: Will Canny
Archives for January 2023
FTX Opposition to $1B Binance Deal Is ‘Hypocrisy and Chutzpah,’ Voyager Says
The plan to purchase bankrupt crypto lender Voyager’s assets has been opposed by FTX trading arm Alameda research, federal regulators and a number of U.S. states Author: Jack Schickler
First Mover Asia: Bitcoin Eclipses $17K, Breaking Out of Three-Week Trading Range
Since mid-December, bitcoin had failed to finish a trading day (universal coordinated time or UTC basis) over $17,000, and now analysts wonder if the largest cryptocurrency has formed a market bottom after a horrendous 2022. Author: Bradley Keoun, Elizabeth Napolitano
U.S. Investigators Subpoena Hedge Funds in Binance Money-Laundering Probe: Report
Authorities have not yet brought charges against the company, which has faced intense scrutiny following competitor FTX’s collapse in November. Author: Elizabeth Napolitano
Audi-Backed Startup Holoride is Bringing VR to the Car
Will the “Motorverse” change the face of backseat entertainment? Author: Pete Pachal
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