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Market Overview - Page 299


Arthur Hayes: 1 Yearn Finance (YFI) = $100,000
Arthur Hayes: 1 Yearn Finance (YFI) = $100,000

The Co-Founder and CEO of Bitmex, Arthur Hayes, has made a bold prediction that the price of Yearn Finance (YFI) will eventually hit $100,000. Mr. Hayes made this prediction not once, but on two occasions in the last 24 hours..

Second U.S. shale boom’s legacy: another 150 North American oil and gas producers could face bankruptcy by the end of 2022
Second U.S. shale boom’s legacy: another 150 North American oil and gas producers could face bankruptcy by the end of 2022

Oil and gas companies plunged over $156 billion into corporate takeovers and land deals during the second U.S. shale boom, in a massive bet that good times would continue and crude prices would rise. Many of those deals have become.

Scientists see downsides to top COVID-19 vaccines from Russia, China
Scientists see downsides to top COVID-19 vaccines from Russia, China

High-profile COVID-19 vaccines developed in Russia and China share a potential shortcoming: They are based on a common cold virus that many people have been exposed to, potentially limiting their effectiveness, some experts say. CanSino Biologics’ vaccine, approved for military.

Warren Buffett buys stakes in Japan’s five leading trading companies
Warren Buffett buys stakes in Japan’s five leading trading companies

They say 90 is the new 70, and in Warren Buffett’s case, it may be true.The chairman and CEO of Berkshire Hathaway announced Sunday — his 90th birthday — that his company has acquired a slightly more than 5% stake.

China’s mega banks lost billions of dollars in profit
China’s mega banks lost billions of dollars in profit

China’s five largest banks reported their biggest profit declines in at least a decade as they brace for further increases in bad loans in an economy weakened by the coronavirus pandemic. The five lenders — Industrial and Commercial Bank of.

Rushing to shares is a mistake during financial repressions
Rushing to shares is a mistake during financial repressions

Stock markets continue to move upwards, spurred by a combination of positive data and central banks actions. Macroeconomic indicators include higher than expected US personal income and outlay growth, rapid GDP recovery in Canada and an increase in China Services.

2 Metrics Soar to Dot-Com Era Levels: 3 Reasons S&P 500 Is in Trouble
2 Metrics Soar to Dot-Com Era Levels: 3 Reasons S&P 500 Is in Trouble

Two key stocks metrics have soared to levels unseen since the dot-com bubble in the 1990s. It raises the risk of an S&P 500 pullback, coming off a 55.7% rally since March 23. The Buffett Indicator and the number of.

Volatility Markets Brace for Election Drama Like Never Before
Volatility Markets Brace for Election Drama Like Never Before

Traders across major asset classes are sending the same message: Prepare for what could be the most-contentious U.S. presidential elections in decades. One measure of hedging in the stock market is higher than at any point in the past three.

Bitcoin now faces 2 main scenarios: $16K or $9.6K
Bitcoin now faces 2 main scenarios: $16K or $9.6K

The price of Bitcoin (BTC) has declined by more than 6% in the last three days and with the $276 million CME Bitcoin futures expiry approaching on Aug. 28, traders are nervous that additional downside could be in store. Following.

3 reasons why Yearn.finance YFI price just hit a new high of $18K
3 reasons why Yearn.finance YFI price just hit a new high of $18K

YFI, the native token of the Decentralized Finance (DeFi) giant yearn.finance, achieved a new all-time high. It soared by 30% in the last 12 hours from $14,017 to $18,169, entering price discovery. The term price discovery refers to when an.

U.S. big tech dominates stock market after monster rally, leaving investors on edge
U.S. big tech dominates stock market after monster rally, leaving investors on edge

U.S. technology giants are increasingly dominating the stock market in the midst of the coronavirus pandemic, even as they draw accusations of unfair business practices, and some investors fear the pump is primed for a tech-fueled sell-off. The combined value.

Biden will win the 2020 Presidential election: 75% of top executives
Biden will win the 2020 Presidential election: 75% of top executives

According to the most recent CNBC/Change Research Poll, fear over coronavirus has fallen in several key six swing states while at the same time President Donald Trump’s approval rating has seen an uptick. In Arizona, Florida, Michigan, North Carolina, Pennsylvania.

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