The tech giant is just over $500 million away from topping its more than $10 billion Metaverse department losses in 2021, but it said its spending will only grow next year.
Economist Peter Schiff has warned that the U.S. dollar will crash. Noting that the U.S. is “in a much bigger fiscal mess than Great Britain,” with a much bigger debt problem, Schiff stressed: “Can we possibly repay this debt? Of course not. Repaying the debt is impossible. So, what’s going to happen? We’re going to […]
This bear market rally was about to run out of steam, but the Bank of Canada had other plans. A Canadian dovish surprise gave risky assets an unexpected boost. This bear market might last a little while longer, but traders can’t forget about what will drive the data-dependent Fed. Big-tech earnings are […]
It’s not so long ago that a wave of contagion was spreading so violently across the cryptocurrency industry that it felt like nowhere was safe. As Terra, a former top 10 coin, death spiralled, many firms got caught up in the carnage. Prominent among these were so-called crypto lenders, some of whom advertised themselves as […]
October 25, 2022 / Unchained Daily / Laura Shin What’s Poppin’? MakerDAO Partners With Coinbase Amid Centralization Concerns by Juan Aranovich Coinbase[...]
Mike Novogratz – the billionaire investor and head of hedge fund Galaxy Digital – has stated that if Jerome Powell and the Federal Reserve give up the fight against inflation, bitcoin could likely exceed all expectations and rise back up through the roof. Mike Novogratz Wants to Save Bitcoin In an interview, Novogratz commented: If...