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The ECB believes Bitcoin is not a suitable means of cross-border payments, citing its PoW mechanism, lack of regulation, and volatility.The European Central Bank (ECB) believes Bitcoin and other...
ETH 2.0 hype leaves Bitcoin behind, but it also boosts Ethereum Classic.After dovish FOMC minutes dropped on Jul. 27, the market moderately rallied. However, it seems that rally winds favor some...
JPMorgan (NYSE:JPM) strategist Marko Kolanovic believes equities will end the year "meaningfully higher", making him one of the very few bullish analysts amid a difficult macroeconomic...
Despite liquidity issues plaguing the crypto industry, makers of the Ledger hardware wallet seek new funding for planned growth.Reports suggest that Ledger, the manufacturer of hardware crypto...
USDT defies all rumors and survives extreme market conditions.Summer’s crypto contagion seems to have lost all steam. After a major imbalance post-Terra meltdown, Curve’s liquidity 3pool...
The world's only short- Bitcoin ETF (NYSE:BITI) has seen the first week of outflows after five consecutive weeks of inflows since its launch at the end of June.Short-Bitcoin exchange-traded fund (ETF)...
The aggregated Open Interest of Ethereum options is currently more than that of Bitcoin, suggesting that the second-largest crypto is currently in the spotlight.Ethereum’s much-anticipated...
Mainstream crypto payments are traceable but seemingly not sanctionable.A recent Chainalysis report found that pro-Russian social media accounts received $2.2 million in cryptocurrency since the...
Cryptocurrency lending firm Babel Finance lost 8,000 BTC and 56,000 ETH (worth $280 million) in proprietary trading with customer funds.Crypto lender Babel Finance lost more than $280 million worth of...
ApeCoin DAO approves a new proposal to fund the Bored Ape Gazette, which will highlight all Yuga Labs initiatives and feature NFT market data.Yesterday, the Bored Ape Yacht Club (BAYC) community...
U.S. GDP contracted 0.9% in the last three months according to the Bureau of Economic Analysis, marking the second consecutive quarter of negative economic growth.This occurrence was historically seen...
Ethereum is up 11% in the past 24 hours as co-founder Vitalik Buterin said the upcoming Merge is not yet priced in.Ethereum (ETH) rose more than 11% over the past 24 hours after the new interest rate...
Galloping inflation and 75 basis points increase all but eliminate the possibility of a soft landing.The unenviable task of curbing the current inflation, the highest in decades, without sending the...
According to a new research report, the metaverse market is expected to hit $1.5 trillion in global market value by 2029.The global metaverse market is projected to grow from $100.27 billion in 2022...
The Federal Reserve hiked benchmark interest rates by 75 basis points at the latest Federal Open Market Committee (FOMC) meeting as four-decade high inflation continues to weigh on American consumers....
The Q2 earnings season is well underway. And this week is being dominated by quarterly reporting from the big-tech companies. Extremely high inflation, aggressive central bank tightening and a strong...
El Salvador would partially fund the $1.6 billion buyback using special drawing rights from the IMF.El Salvador President Nayib Bukele has announced plans to repurchase the nation’s...