RUNE Adds 37% In 24 Hours as Synthetic Assets Go Live on THORChain
(THORChain) THORChain’s native token RUNE rose by up to 37% in 24 hours to touch a peak of $5.56 on Thursday after synthetic assets went live on the platform. The…
US Crude Inventories Decline by 1.9M Barrels
(IEA) The US reported 411.6 million barrels of crude oil inventories in the week that ended March 4, down by 1.9 million barrels from the previous week. Inventories of motor…
US Reports 11.3M Job Openings in January
(BLS) US job openings remained little changed at 11.3 million on the last business day of January. The rate of job openings also remained little changed at 7.0%. Job openings…
ZIM Stock Soars as Q4 2021 Net Income Jumps by 366%
(ZIM) Shares of ZIM Integrated Shipping Services rose more than 7% on Wednesday after posting a net income of $1.71 billion in Q4 2021 from $366 million in the prior…
Binance CEO Zhao Outlines Plan to Acquire More Firms in Traditional Markets
(FT) Binance CEO Changpeng Zhao says the crypto exchange seeks to invest in one or two targets in every economic sector in a bid to gain more bargaining power in…
Niu Announces a 46.7% Jump in Revenues Q4 2021, Issues Lower Guidance
(Niu) Niu Technologies reported revenue of RMB986.1 million in the fourth quarter of 2021, an increase of 46.7% from the prior year. For FY21, Niu’s revenues were RMB3.705 billion, an…
Binance Announces Resumption of Euro and Pound Bank Transfers in Europe
(Binance) Binance’s European users, except those in The Netherlands and Switzerland, can access British pound and euros transactions eight months after the suspension of the service. The service will allow…
BBBY Jumps 97% After Gamestop Chairman Says He Owns Almost 10% Stake
(CNBC) Bed Bath & Beyond stock rose more than 97% on Monday premarket after GameStop chairman Ryan Cohen revealed he owns almost 10% of the retailer. The investment, held through…
Law Seeking to Legalize Bitcoin Custody Services in Virginia Passed by Legislators
(Bitcoin Magazine) Traditional banks in the Commonwealth of Virginia will soon be able to offer Bitcoin and other crypto custody services if a bill is signed into law by the…
Uber Jumps 5% as It Upgrades Quarterly Guidance
(WSJ) Shares of Uber Technologies Inc. rose more than 5% on Monday after the company raised guidance for the first quarter of 2022, citing ridership recovery. Uber said that it…
UK Houses Prices Jump at the Fastest Rate in Almost 15 Years in February
(Halifax) The average house prices in the UK reached a record 278,123 pounds in February, after rising by an annual rate of 10.8%, the fastest gain since June 2007. Compared…
Cornerstone Building Brands Soars After a Premium $5.8 Billion Deal by Clayton
(Cornerstone Building Brands Inc.) CNR rose more than 13% on Monday after confirming a $5.8 billion acquisition deal by affiliates of Clayton, Dubilier & Rice. The all-cash transaction will entitle…
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