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3232Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons
https://www.digit.info/bankrupt-celsius-aims-to-raise-14-4-million-from-bitcoin-mining-rig-credits-and-coupons/
Sat, 11 Feb 2023 11:30:45 +0000https://www.digit.info/2023/02/11/bankrupt-celsius-aims-to-raise-14-4-million-from-bitcoin-mining-rig-credits-and-coupons/Read more]]>Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing dated Feb. 9, 2023. Ferraro stated in the filing that the “coupons currently provide no utility to the debtors’ mining business.” Celsius Interim CEO Outlines […]
]]>Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions
https://www.digit.info/top-3-macroeconomic-events-to-watch-in-2023-amid-volatile-market-conditions/
Sun, 01 Jan 2023 19:00:55 +0000https://www.digit.info/2023/01/01/top-3-macroeconomic-events-to-watch-in-2023-amid-volatile-market-conditions/Read more]]>2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic events will continue to shape the crypto economy and the economy as a whole. This editorial takes a look at the top three macroeconomic events to keep an eye on in 2023. Examining the Top […]
]]>‘Trading Like a Lehman Moment’ — Credit Suisse, Deutsche Bank Suffer From Distressed Valuations as the Banks’ Credit Default Insurance Nears 2008 Levels
https://www.digit.info/trading-like-a-lehman-moment-credit-suisse-deutsche-bank-suffer-from-distressed-valuations-as-the-banks-credit-default-insurance-nears-2008-levels/
Sun, 02 Oct 2022 14:30:58 +0000https://www.digit.info/2022/10/02/trading-like-a-lehman-moment-credit-suisse-deutsche-bank-suffer-from-distressed-valuations-as-the-banks-credit-default-insurance-nears-2008-levels/Read more]]>It’s been more than a decade since the financial crisis in 2007-2008 when Lehman Brothers, the fourth largest investment bank in the U.S., collapsed and filed bankruptcy. Close to 14 years later, Credit Suisse and Deutsche Bank, two of the world’s largest banks, are suffering from distressed valuations and the banks’ credit default insurance levels […]
]]>Putin Threatens to Let Europe ‘Freeze’ — Russian President Warns ‘We Will Not Supply Gas, Oil, Coal, Heating Oil’
https://www.digit.info/putin-threatens-to-let-europe-freeze-russian-president-warns-we-will-not-supply-gas-oil-coal-heating-oil/
Wed, 07 Sep 2022 23:30:31 +0000https://www.digit.info/2022/09/07/putin-threatens-to-let-europe-freeze-russian-president-warns-we-will-not-supply-gas-oil-coal-heating-oil/Read more]]>Following the discussions concerning the inter-governmental political forum Group of Seven (G7) pledging to impose price caps on crude oil and the European Commission talking about fixing electricity prices, Russian president Vladimir Putin explained on Wednesday that Russia will not supply the industrialized economic powers and the West with energy. “We will not supply gas, […]
]]>European Inflation Skyrockets to Record 7.5% — ECB Chief Lagarde Expects Energy Prices to ‘Stay Higher for Longer’
https://www.digit.info/european-inflation-skyrockets-to-record-7-5-ecb-chief-lagarde-expects-energy-prices-to-stay-higher-for-longer/
Sun, 03 Apr 2022 20:30:16 +0000https://www.digit.info/2022/04/03/european-inflation-skyrockets-to-record-7-5-ecb-chief-lagarde-expects-energy-prices-to-stay-higher-for-longer/Read more]]>While inflation continues to roar in the U.S., the inflation rate in the eurozone tapped another high last month reaching 7.5% in March. Energy and food prices have soared throughout the 19 member state economies, and European Central Bank president Christine Lagarde expects energy prices to “stay higher for longer.” Eurozone Inflation Continues to Climb, […]
Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing dated Feb. 9, 2023. Ferraro stated in the filing that the “coupons currently provide no utility to the debtors’ mining business.” Celsius Interim CEO Outlines […]
2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic events will continue to shape the crypto economy and the economy as a whole. This editorial takes a look at the top three macroeconomic events to keep an eye on in 2023. Examining the Top […]
It’s been more than a decade since the financial crisis in 2007-2008 when Lehman Brothers, the fourth largest investment bank in the U.S., collapsed and filed bankruptcy. Close to 14 years later, Credit Suisse and Deutsche Bank, two of the world’s largest banks, are suffering from distressed valuations and the banks’ credit default insurance levels […]
Following the discussions concerning the inter-governmental political forum Group of Seven (G7) pledging to impose price caps on crude oil and the European Commission talking about fixing electricity prices, Russian president Vladimir Putin explained on Wednesday that Russia will not supply the industrialized economic powers and the West with energy. “We will not supply gas, […]
While inflation continues to roar in the U.S., the inflation rate in the eurozone tapped another high last month reaching 7.5% in March. Energy and food prices have soared throughout the 19 member state economies, and European Central Bank president Christine Lagarde expects energy prices to “stay higher for longer.” Eurozone Inflation Continues to Climb, […]