Jumia to Lay off 200 More Employee.
Jumia is reportedly preparing to cut approximately 200 additional jobs as the African e-commerce company intensifies efforts to improve profitability and streamline operations amid ongoing macroeconomic pressure and shifting consumer…
Coinbase Reported a $394 Million Loss in Q1, Nonetheless Bernstein Anticipates a 71% Surge
Coinbase reportedly posted a $394 million loss for the first quarter, yet analysts at Bernstein remain optimistic about the company’s long-term trajectory, projecting the potential for a 71% upside despite…
Elon Musk’s Litigation Woes May Discreetly Profit Microsoft
Legal battles involving Elon Musk are increasingly drawing attention across the technology and artificial intelligence sectors, with some analysts suggesting the ongoing disputes could indirectly strengthen the market position of…
US Jobless Claims Come In at 200,000; Strong Labor Data Keeps Pressure on Crypto
Fresh labor market data from the United States showed weekly jobless claims coming in at 200,000, reinforcing expectations that the economy remains resilient despite ongoing concerns surrounding inflation and monetary…
Kraken Parent Enters Into $600 Million Agreement to Acquire Reap, an Asian Stablecoin Firm
The parent company of Kraken has reportedly entered into a $600 million agreement to acquire Reap, a rapidly growing Asian stablecoin infrastructure firm, in a move that could significantly expand…
Germany Ponders 2027 Cryptocurrency Tax Reform Amid Threat to One-Year Holding Rule
Germany is reportedly considering major cryptocurrency tax reforms ahead of 2027, sparking concern among long-term digital asset investors over the future of the country’s widely discussed one-year holding rule. The…
XRP to Regain $1.6 or Fall Below $1.2 in May? Here’s the Crypto Market’s Verdict
XRP remains at the center of intense debate among crypto traders as analysts weigh whether the asset can reclaim the key $1.60 resistance level in May or face renewed downside…
‘Buy More Bitcoin Than You Sell’: Michael Saylor Makes U-Turn Amid 22-Day Dry Spell.
Michael Saylor has reignited bullish sentiment across the crypto market after signaling a renewed accumulation stance on Bitcoin following a 22-day pause in major purchasing activity. The comments come as…
Pi Network Sets May 11 for Protocol 23, Its First Full Smart Contract Launch
Pi Network has officially scheduled May 11 for the rollout of Protocol 23, marking what the project describes as its first full smart contract launch. The announcement has generated significant…
Scammers Target Ledger Users With ‘Quantum Resistance Security Update’ Physical Letters
Users of Ledger hardware wallets are reportedly being targeted by a new phishing campaign involving physical letters mailed directly to customers under the guise of a “Quantum Resistance Security Update.”…