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Financial Stability Board Calls for Tougher Global Crypto Rules After Year of Turmoil
17.7.2023
The standard-setter called for crypto companies to adapt now, after allegations of misuse of client funds at FTX
JPMorgan CEO Jamie Dimon Calls 2023’s Banking Fiasco a ‘Mini Crisis’, Foresees Consumer Savings Depleted by Year’s End
15.7.2023
Four days ago, JPMorgan Chase CEO Jamie Dimon was interviewed by The Economist and he discussed the recent U.S. banking disaster that occurred last March. At that time, the public witnessed the second, third, and fourth largest bank failures in U.S. history. Dimon asserted that “for the most part,”...
Experts Warn of Impending Recession in the US as Survey Reveals 59% Chance by July 2024
14.7.2023
A recently published survey by Bankrate reveals that there is a 3-in-5 likelihood of a recession occurring in the United States within the next year. Bankrate’s survey of economists firmly indicates that the chances of a recession taking place in the U.S. are greater than the chances of...
First Mover Asia: Bitcoin Soars to One-Year High at $31.7K as Crypto Investors Savor Partial Ripple Victory
14.7.2023
Ether and other major cryptos are swept upward in a banner day for crypto markets. PLUS: While the number of large bitcoin holders increases, bitcoin sent to exchanges continues to fall, writes CoinDesk's analysts
Bitcoin, Ethereum Technical Analysis: Bitcoin Consolidates Below $31,000, as Traders Digest Recent Economic Data
13.7.2023
Bitcoin retreated from recent gains on Thursday, as traders were unable to sustain a breakout of a key resistance level. Market volatility has risen following yesterday’s U.S. inflation report, which dropped to a two-year low. Ethereum was marginally lower, slipping below $1,900. Bitcoin...
Europe's first spot Bitcoin ETF eyes 2023 debut after a year-long delay
13.7.2023
Jacob Asset Management got approval from the Guernsey financial regulator in October 2021 and was set to debut on Euronext Amsterdam Exchange in July last year
A lucky Shiba Inu investor turns $17 into $1.5M in a year!
13.7.2023
With the crypto market on the rise, traders are gaining their portfolio value back. It became evident with one Shiba Inu investor turning 17 dollars into 1.5 million dollars. The investor achieved this feat in one year alone, thanks to SHIB’s significant hike. The data, released by Etherscan from...
US Inflation Hits Two-Year Low, Boosting Stocks and Precious Metals
13.7.2023
On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, with the index rising 0.2% on a monthly basis....
This Upcoming Pixel RPG May Be The Best Wrestling Game Of The Year
12.7.2023
WrestleQuest is a breath of fresh air, packed with all the makings of a phenomenal wrestling game as well as all the wacky hijinks of a fantasy-action RPG.Read more
Silk Road Advisor Sentenced to 20 Years in Prison While a Rogue Double-Agent Eludes Capture
12.7.2023
On Tuesday, July 11, 2023, the U.S. Attorney’s Office for the Southern District of New York, led by attorney Damian Williams, announced a 20-year prison sentence for Roger Clark. Clark was allegedly the senior advisor to the original Silk Road, an infamous darknet marketplace that operated...
Bitcoin trader eyes BTC price 'Darth Maul candle' as CPI due 2-year low
12.7.2023
Bitcoin is tipped to see classic volatility in BTC price around the CPI release, while liquidity remains tightly wrapped around spot
Algorand decentralized lending protocol Algofi to shut down by end of year
11.7.2023
Developers say building the borrowing and lending protocol is "no longer a viable path" for Algorand
Crypto Market Remains in ‘Bitcoin Season’ as ‘Altcoin Season’ Drought Hits Record Two-Year Mark
11.7.2023
According to data, the cryptocurrency ecosystem has endured its longest stretch without an altcoin season. So far, it has been more than two years without an altcoin season, and there have been no signals indicating one might emerge. Altcoin Season Eludes Cryptocurrency Market for 2 Years Recently...
DOJ Charges 25-Year-Old with Stealing $450,000 in NFTs and Crypto from OpenSea
11.7.2023
A Moroccan man, Soufiane Oulahyane, aged 25, has been charged by the Department of Justice (DOJ) for his alleged involvement in stealing approximately $450,000 worth of cryptocurrency and non-fungible tokens (NFTs).
Oulahyane is accused of creating a fake version of the popular marketplace...
UK Treasury Starts Consultation on Five-Year Digital Securities Trial
11.7.2023
The pilot will relax regulations for digital bonds and equities – but not unbacked crypto, like bitcoin or ether
Standard Chartered Raises Bitcoin Price Forecast — Now Expects BTC to Reach $50,000 This Year, $120,000 Next Year
11.7.2023
Banking giant Standard Chartered has updated its bitcoin price forecast. The bank’s head of crypto research now expects bitcoin to reach $50,000 this year and $120,000 the following year. “Increased miner profitability per bitcoin mined means they can sell less while maintaining cash...
Matrixport’s Year-End 2024 Prediction: Bitcoin to Reach $125,000 as Strong Performance Fuels Bullish Sentiment
10.7.2023
While bitcoin has shown strong performance in the first half of 2023, Markus Thielen, the head of research at crypto firm Matrixport, released a prediction on July 5, 2023, stating that bitcoin (BTC) will reach $125,000 by the end of 2024. Thielen’s forecast is based on a signal indicating...
48% fewer new crypto coders last year - developer report
10.7.2023
Newcomers account for the highest percentage of developers that have left the industry over the past 12 months
Bitcoin, Ethereum Technical Analysis: BTC Remains Near $30,000, as Traders Prepare for Key US Economic Data
10.7.2023
After a recent slip, bitcoin moved back above $30,000 on Monday, ahead of a key week of U.S. economic data, with the headline being the inflation report. Inflation is expected to drop to 3.1% in June, which would be a nearly two-year low. Ethereum also slipped on Monday, remaining below $1,900....
Litecoin Price Prediction as LTC Becomes One of the Best Performing Coins of the Year – Is Big Rally on the Way?
10.7.2023
The Litecoin price has fallen by 3% in the past 24 hours, dropping to $93.86 as the cryptocurrency market as a whole slides by 0.5% within the same timeframe.
LTC is now down by 15% in the past week, yet it remains up by 23% in the last 30 days and by 72% in the past 12 months, on the back...