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Downfall

$249 million was liquidated in the last 24 hours

$249 million was liquidated in the last 24 hours

The price of BTC has momentarily fallen below $29,000 and is now trading around $29,100 and ETH around $1,970. The market capitalisation is down about 4.5% and is $1.187 trillion at the time of writing. Due to the market decline, about 75,000 traders were

North Korean hackers use mining services to fund espionage

North Korean hackers use mining services to fund espionage

Cybersecurity agency Mandiant has published a new report on the activities of North Korean hackers. According to it, the APT43 group is using hash rate rentals and cloud services to launder stolen cryptocurrency. In addition to funding its own activities, the group also provides a budget for cyber-espionage abroad.

Continuing to fall. Markets in the evening.

Continuing to fall. Markets in the evening.

U.S.. The S&P 500 index is down 0.4%. The main negative is centered around technology companies. Shares of Apple, Amazon, Microsoft and others in the sector continue to win back the Fed rate hike and the gloomy forecasts of market analysts. Investors are also selling off

Oil is down 1.5% today, although there are no clear reasons

Oil is down 1.5% today, although there are no clear reasons

Brent is approaching $93 again. It is unlikely to be a trend reversal, as several factors speak for continued growth: the possible conflict between Saudi Arabia and Iran, the embargo on Russian oil supplies and the opening of China. The domestic stock market needs high oil prices today, as the

Fed's dovish reversal could spark S&P 500 rally of 10%

Fed's dovish reversal could spark S&P 500 rally of 10%

Analysts at JPMorgan believe that if the Fed raises rates by less than 0.75% on Wednesday, markets will move into a rapid rise. Now, with the real estate market recovering, economists are looking at different scenarios and preparing their clients for any options. Still, a dovish Fed decision is

Goldman Sachs analysts believe that the S&P 500 could collapse by another 25%.

Goldman Sachs analysts believe that the S&P 500 could collapse by another 25%.

According to bankers, such a scenario is possible in the event of a "deep" recession in the U.S. on the background of tightening monetary policy. And this could happen in 2023. Recall, the cycle of rising rates will probably not end until the middle of next year. And in

The stock market will have a tough time tomorrow. Apple falls 5% after report

The stock market will have a tough time tomorrow. Apple falls 5% after report

iPhone and iPad sales were worse than expected. The company earned $42.63 billion on iPhones versus expectations of $42.67 billion; $7.17 billion on iPads versus $7.81 billion. Forecasts are mixed. Apple expects global revenue in Q4 to reach $70.96 billion against estimates of $69.04

Is Google in trouble? The report sent the stock down 5%.

Is Google in trouble? The report sent the stock down 5%.

The giant fell short of its revenue forecast, and quite seriously: $69.1 billion versus the expected $71.34 billion. Although it is still an increase in annual terms, it is very weak. EPS is also not good: $1.06 vs. the forecasted $1.28. For the third consecutive report,

Russia has permanently lost its main European oil and gas market and will face a drop in production - IEA

Russia has permanently lost its main European oil and gas market and will face a drop in production - IEA

And it's true. According to Eurostat, Russian oil supplies to the EU are down 25% y/y. Russia is being replaced by Saudi Arabia and Iraq. However, it is also clear that breaking the "energy" link between Russia and Europe will be painful for both economies.

Monetary tightening in other countries could affect the U.S. economy through secondary effects, Fed minutes

Monetary tightening in other countries could affect the U.S. economy through secondary effects, Fed minutes

Fed officials have determined that they need to adopt and maintain more restrictive policies in order to meet their goal of lowering elevated inflation. Also, many officials noted that when the Fed reaches its rate target, it will have to hold the high level for "some time."