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Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say
3.2.2023
Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the new digital currency are not that obvious as they may not be paid any interest or cashback. Launch of Russia’s...
Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell
1.2.2023
The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-point increase. The FOMC statement further detailed that ongoing rate increases are anticipated...
Bitcoin Price Prediction as Federal Reserve Interest Rate Decision is Announced – Can BTC Reach $30,000 This Month?
1.2.2023
As the Federal Reserve announces its interest rate decision, many investors are looking to the future of Bitcoin and asking: can BTC reach $30,000 this month?
The Federal Reserve announced on Wednesday that its key short-term interest rate would go up by a quarter point, which was less than...
Federal Reserve Lifts Interest Rates Another 25 Basis Points
1.2.2023
The bitcoin price was TKTK in the minutes following the announcement
Bitcoin awaits Fed Powell speech as sellers cement $23.5K resistance
1.2.2023
Bitcoin trades sideways at the Wall Street open as all eyes are on the Fed and Chair Jerome Powell
First Mover Asia: Centralized Exchange Tokens Post Solid Gains in January Despite SEC Interest; Bitcoin, Ether, in the Red.
31.1.2023
The tokens of Binance, Crypto.com and KuCoin are all comfortably in the green over the past month
Artificial Intelligence and Cryptocurrency: The Rise of AI-Focused Projects in 2023
29.1.2023
Trends show that artificial intelligence (AI) will be a major topic in 2023, as data indicates a surge in interest. Since interest peaked and Microsoft invested billions into Chatgpt, demand for AI-focused cryptocurrency projects has risen dramatically. For example, the crypto project Fetch.ai...
Nearly $13 Billion in Sales: Breaking Down 5 NFT Collections by Sales Volume
29.1.2023
Non-fungible token (NFT) assets have existed since at least 2014, but interest in them began to rise in January 2021, according to Google Trends data. Approximately one year later, the search term “NFT” reached its highest score on Google Trends. During that time the top five...
Litecoin’s Hashrate Reaches All-Time High, Difficulty Follows Suit
28.1.2023
The blockchain network Litecoin’s computational power reached an all-time high (ATH) on Wednesday, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash per second (TH/s). In addition, Litecoin’s difficulty also reached an all-time high this week, hitting 23,505,031...
US gov't $1.5T debt interest will be equal 3X Bitcoin market cap in 2023
28.1.2023
The U.S. will pay over $1 trillion in debt interest next year, the equivalent of three or more Bitcoin market caps at current prices
Financial Advisors See Strong Interest in Crypto — 90% Receive Inquiries About Crypto Investing, Survey Shows
27.1.2023
A new survey shows that interest in cryptocurrency remains strong among financial advisors’ clients. “Despite market performance, the most common question was: ‘Should I consider an investment in crypto?'” the survey results reveal. Financial Advisors Bullish About...
CFTC's Johnson urges Congress for expanded powers in crypto oversight
27.1.2023
Johnson wants to protect customers in a way that reduces the risk of crises, and proposes a number of amendments to existing crypto regulation
Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit
27.1.2023
Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted. The matter has been discussed during a recent visit to Iran where officials have also signaled interest in such an initiative. Iran and Russia Talk...
Here’s why Bitcoin price could correct after the US government resolves the debt limit impasse
26.1.2023
Bitcoin price has been on a tear, but analysts warn that resolving the U.S debt limit issue could trigger sharp downside for risk assets like BTC
Mango Markets sues Avraham Eisenberg for $47M in damages plus interest
26.1.2023
The lawsuit marks the fourth time the Mango Markets exploiter has been hit by charges or lawsuits relating to his attack on the DeFi protocol
CME Bitcoin Futures Open Interest Surges to Record 21% as Institutional Participation Increases
25.1.2023
Bitcoin futures open interest at the Chicago Merchantile Exchange (CME) has surged to near all-time highs at 21%, which indicates growing institutional participation in BTC futures....
Read More: CME Bitcoin Futures Open Interest Surges to Record 21% as Institutional Participation Increases
BTC metrics exit capitulation — 5 things to know in Bitcoin this week
23.1.2023
Bitcoin retains higher levels after gaining 40% or more this month, but concerns of a BTC price correction are never far away
Aptos Token Prices Double in Two Weeks Amid Strong NFT Interest
23.1.2023
NFT markets on Aptos are seeing growth among Crypto Twitter community users
Debt Deflation Warnings, Shibarium Buzz Sees SHIB Rise, Former FTX US President Talks SBF, and More — Week in Review
22.1.2023
“The Price of Tomorrow” author Jeff Booth has warned of a “great depression on steroids” if the U.S. Federal Reserve keeps hiking interest rates, while buzz about the anticipated layer two (L2) scaling solution known as Shibarium has been the backdrop for dynamic price...
Morgan Stanley CEO Says Inflation Has Peaked and China Has Made a Major Pivot
22.1.2023
Morgan Stanley CEO James Gorman says two changes have happened recently that “really matter” to the economy. The executive explained that inflation has clearly peaked and China has made a “major, major pivot” economically. Morgan Stanley’s CEO on U.S. Economy...