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Celsius' terms of services say users might be unable to recover their crypto used in the "Earn" service or as collateral in the event of bankruptcy.Troubled crypto lender Celsius Network, which paused...
The latest CPI data released showed U.S. inflation hit 9.1% in June, topping the consensus estimates of 8.9%.US CPI inflation soared as much as 9.1% in June, according to the newly-released data from...
Banks remain pessimistic ahead of the Consumer Price Index release for June as energy prices continue to surge.The US Bureau of Labour Statistics is set to release the Consumer Price Index (CPI) data...
The yield on the United States 10-Year Treasury note slipped below its 2-Year counterpart for the first time in 15 years.The yield on the benchmark 10-Treasury tumbled 10 points below the 2-year rate,...
The Euro has reached 1:1 parity with the U.S. dollar for the first time in 20 years.The EUR/USD has just reached parity for the first time in 20 years, indicating that the European economy is likely...
Solana's downturn continues amidst fear over a loomingWith an impending court case on the horizon, the Solana ecosystem has continued to see a further downturn in its token price and transaction...
The euro drops to the lowest level against the dollar since 2002.If one were to quantify the Great Reset in numbers, few indicators would capture it as well as the fall of the euro against the dollar....
International regulatory watchdog plans to regulate cryptocurrency on a global level this year.The Financial Stability Board (FSB) announced Monday its plans to propose global regulations for crypto...
US mortgages post a massive weekly decline since 2008 without any increase in demand from homeowners and potential buyers.The Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie...
Key players in the Solana ecosystem have been sued by an investor who claims they profited from SOL at the expense of investors.Solana Labs, the entity behind the Solana blockchain, and other key...
Shares of Samsung Electronics (OTC:SSNLF) are down roughly 30% this year and more than 40% since the 2021 record peak. Still, they could stage a near-term relief rally if analysts' expectations for Q2...
On-chain data indicates that some traders might be shorting USDT, expecting its reserves to not hold up against the bear market.Rumors on USDT’s true reserve backing seem to have borne...
Gold and silver perform poorly as the Fed continues tightening monetary policy to tame inflation.Gold and silver prices have been heading downwards recently as the US Federal Reserve continues its...
Over $64 million worth of inflows were recorded for digital asset products last week, with the recently launched Short Bitcoin ETF (NYSE:BITI) accounting for most.Following the launch of the first...
Bitcoin miners have racked up debts of around $4 billion during the recent bull cycle, which is currently under distress.Several Bitcoin mining companies are reportedly facing margin calls as the...
It's been almost a decade since the rejection of the first spot BTC ETF filing, and it still appears an approval is nowhere in sight.On July 1, 2013, Winklevoss Capital Management applied for Bitcoin...
Taking advantage of low prices, large and small investors are "aggressively" increasing their Bitcoin holdings.Bitcoin posted its worst quarterly loss in more than a decade during the second quarter...