The post Do Kwon To Face 12 Years in Jail After Terra Crash, Sentencing on Dec 11 appeared first on Coinpedia Fintech News South Korean cryptocurrency mogul Do Kwon is about to face 12 years in prison for his role in the 2022 TerraUSD collapse, a “colossal” fraud that triggered $40 billion loss in users
The crypto market is going down today, with Bitcoin falling by 1.25% in the last 24 hours, and XRP, Solana, Dogecoin, and Hyperliquid (HYPE) falling by over 3%. The market capitalization of all tokens dropped by 1.36% to $3.15 trillion. Here are some of the reasons why the crypto market crash is happening today. Crypto
Ulta Beauty stock surged by over 6% in the extended hours after the company published strong financial results, which demonstrated resilient demand in the industry. It rose to $566 from the closing price of $533, and is now about 83% from its lowest level this year. Ulta Beauty’s business is doing well Financial results released
The Dow Jones Index held steady this week and is hovering near its all-time high as investors refocus on the upcoming Federal Reserve interest rate decision and key earnings by Adobe, Oracle, and Costco. It was trading at $48,000, its highest level since November 13, and is slowly forming a risky pattern. Will the rally
SoFi stock price tanked by over 6% in the extended hours as concerns about increased dilution continued. It dropped to $27.7 from the closing price of $30, and 15% below the highest point this year. So, is the ongoing sell-off warranted? SoFi stock price tanks amid dilution fears SoFi, a top American fintech, came under
The DocuSign stock price retreated by over 6% after the market closed on Thursday, following the release of its third-quarter financial results. It fell to $66.50, down from the regular session high of $72.35, and 35% below its highest level in December last year. DocuSign growth has stalled DocuSign, a company that thrived during the
The S&P 500 Index has had a strong performance this year as it jumped to a record high several times. It has soared by 41% from its lowest level this year, and Wall Street analysts believe that the index and its ETFs, like SPY, VOO, and IVV have more upside in the coming years. S&P
Nvidia stock price has moved sideways in the past few weeks as concerns about competition and growth continue. Still, technicals and its valuation metrics point to a resurgence in the coming weeks, potentially to a record high. Nvidia stock price technicals points to a rebound The daily timeframe chart shows that the NVDA stock price
First lady Melania Trump announced Thursday that an additional seven Ukrainian children have returned to their families in the war-torn country as part of a Russia-Ukraine youth reunification initiative. ‘My dedication to guaranteeing the safe return of children to their families in this region is unwavering,’ Melania Trump said in a statement shared by the
Former Honduran President Juan Orlando Hernández thanked President Donald Trump for pardoning him, writing on social media that he was ‘wrongfully convicted.’ ‘My profound gratitude goes to President @realDonaldTrump for having the courage to defend justice at a moment when a weaponized system refused to acknowledge the truth. You reviewed the facts, recognized the injustice,