GameStop shares soar 20% Thursday even as market and crypto slump

Опубликовано: 4 июня, 2022 в 12:39 пп

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(Reporting by MacDonald Dzirutwe in Lagos and Camillus Eboh in Abuja Editing by Mark Potter) Official digital currencies, unlike cryptocurrencies such as bitcoin, are backed and controlled by the central bank. «The BTC (bitcoin) price surge is just a confirmation of an incredibly strong market setup that has been developing throughout October,» Mikkel Morch, executive director at crypto and digital assets hedge fund ARK36, said. SAO PAULO, April 11 (Reuters) — Brazilian financial solutions platform Stark Bank said on Monday it has received a $45 million investment led by funds such as Ribbit Capital, Lachy Groom and Bezos Expeditions, led by Amazon.com Inc founder Jeff Bezos.

‘Recent figures suggest that 200,000 nurses have left the NHS since 2010 and the government has recognised that the shortage of nurses has reached a critical point,’ said Mathew Alexander, a former nurse and LTC Global owner. Broader financial markets have so far seen little knock-on effect from the cryptocurrency crash. Ratings agency Fitch said in a note on Thursday that weak links to regulated financial markets will limit the potential of crypto market volatility to cause wider financial instability.

1 year agoThe token shot to prominence earlier this year when non-profit Luna Foundation Guard, an affiliate of Terraform Labs, the company behind TerraUSD, pledged to amass $10 billion worth of bitcoin to support its dollar peg. Beyond Meat said its U.S. sales of its other products, including burgers and sausages, were lower than the prior year. Plant-based meat company Beyond Meat reported lower-than-expected sales in the first quarter as it slashed prices and demand from restaurants fell.

The El Segundo, California, company said its revenue rose 1.2% to $109.5 million in the January-March period. retail sales jumped 6.9% in the quarter, but that was mostly due to the introduction of Beyond Meat Jerky, a meatless jerky developed as part of a snack food partnership with PepsiCo. That fell short of Wall Street´s forecast. «They’re growing very rapidly,» Yellen said about stablecoins. The collapse of terraUSD came up when Treasury Secretary Janet Yellen appeared before lawmakers on Thursday to speak on cryptocurrency risks.

«They present the same kind of risks that we have known for centuries in connection with bank runs.» Coinbase, whose shares plunged 15% in extended trade on Tuesday, also missed estimates for first-quarter revenue and posted a loss as turmoil in global markets curbed investor appetite for higher risk assets including cryptocurrencies. NEW YORK, May 16 (Reuters) — American and European equity markets wobbled and U.S. Treasury yields fell on Monday after unexpectedly weak economic data from China and a BetOnline BET BIG (Buecherplaza.de) slide in New York state’s factory activity painted a bleak picture for economic growth across the world.

If I make money on crypto trades, do I have to pay taxes? Your tax liability depends on your particular situation, BetOnline BET BIG but crypto investments are broadly treated like other investments, including stocks and bonds.  «I would highly encourage people to take advantage of that.» (Editing by Lauren Young and Cynthia Osterman Follow us @ReutersMoney or at website While this will not get you out of payment — if you have a rough idea of how much you owe, you can still send that in by April 18 — it will give you ample time to consult tax professionals, sort out your obligations and properly report all transactions.

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