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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....
Bitcoin Price Prediction as US Core Inflation Data is Released – Time to Buy?
12.7.2023
The price of Bitcoin is steady at around $30,600, reflecting a nearly 0.50% increase on Wednesday.
The consumer price index saw a 0.2% rise in June, marking a 3% increase from a year ago, the lowest level since March 2021.
With the release of US core inflation data, investors are evaluating...
BIS Survey: 93% of the World’s Central Banks Are Engaged in CBDC Work
12.7.2023
The Bank for International Settlements (BIS), an organization that seeks to support the international cooperation of the world’s central banks, has released the results of its 2022 survey on central bank digital currencies (CBDC) and crypto. The survey found that 93% of the 86 banks surveyed...
Bots Sending BTC — Lightning Labs Releases New Tools for AI-Bitcoin Integration
11.7.2023
On July 6, Lightning Labs released new developer tools to enhance the intersection of artificial intelligence (AI) and Bitcoin. The layer two (L2) startup introduced a new specification known as L402 and tools that enable AI systems to conduct transactions over the Lightning Network. The Fusion...
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...
Parliamentary report recommends Canada recognize, strategize blockchain industry
10.7.2023
“Canada punches above its weight” in blockchain innovation, parliamentarians conclude, but lots more should be done to encourage the industry
Report: Crypto Industry Boasts 10,000 Companies and 190,000 Professionals With a Collective Valuation of $180 Billion
9.7.2023
A recent report released by K33 Research three days ago reveals that as of July 2023, the cryptocurrency industry boasts approximately 10,000 companies, employing an estimated 190,000 crypto professionals. Notably, K33 provides a comprehensive snapshot of the crypto landscape, highlighting that...
World Gold Council’s Mid-Year Report: Gold Set for a Neutral Second Half Under Economic Uncertainty
9.7.2023
On July 6, 2023, the World Gold Council (WGC) released its 2023 Mid-Year Outlook, revealing that a “strong first half for gold is likely to give way to a more neutral H2.” According to WGC researchers and market strategists, central banks are “nearing the end of their...
BTC’s Year-End Price Projections for 2023 Vary Widely, Ranging From $25K to $40K, While Future Forecasts Extend Into Six-Digit Territory
7.7.2023
Bitcoin’s market performance in the first half of 2023, surging by 80% against the U.S. dollar, has enthusiasts eagerly speculating about its year-end price. Techopedia and Changelly have released price prediction reports with varying estimates, suggesting that bitcoin’s value could...
Disney Deletes Streaming Movie That Only Released In May
5.7.2023
The “deleting shows and movies just to save some tax money” trend that is rippling through major streaming networks has seemingly hit a new, farcical low with the removal of the film Crater from Disney Plus. Crater was released on May 12, 2023.Read more
FTX Co-Founder SBF and Inner Circle Accused of Lavish Spending and Fraud in Latest Bankruptcy Report
28.6.2023
On Monday, FTX released a second investigative report accusing co-founder Sam Bankman-Fried and senior executives of commingling customer deposits and corporate funds and misusing them. The report alleges that they spent $243 million on luxury residential real estate for senior staff and family...
United States Plunges in Economic Freedom Rankings, Study Reveals
26.6.2023
American television presenter and author, John Stossel, released a video on June 20, 2023, where he delved into the findings of a recent study on global economic freedom. Conducted by the Heritage Foundation and unveiled in late February, the research unveils a stark reality: the United States...
Crypto Payments Firm Wyre Shuts Down — Users Told to Remove Assets From Platform
18.6.2023
Wyre, the San Francisco-based crypto payments firm, has said it is winding down operations “in order to protect the best interests” of its users and stakeholders. The firm urged users with assets on its platform “to continue to withdraw them via Wyre’s dashboard until Friday, July...
Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents
16.6.2023
Tether's banking relationships were detailed in a rare but limited window into the reserves behind USDT, the crypto market’s largest stablecoin, in documents obtained by CoinDesk under a Freedom of Information Law request
10 Highlights From Classic Mega Man’s Newly Released Design Doc
14.6.2023
At the recent Summer Game Fest Capcom announced the launch of Capcom Town, its new…website…online community…thing? That will act as a hub of sorts for, er, Capcom stuff of some sort. (Capcom just turned 40, so maybe it’s a midlife crisis sort of thing.)Read more
XRP Price Prediction As Ripple Calls for an Investigation Into William Hinman After Documents Were Released – Best Time To Buy XRP?
14.6.2023
The XRP price has dropped by 4% in the past 24 hours, dipping to $0.506899 after the long-awaited Hinman emails were released to the public yesterday.
Despite the fall today, XRP remains up by 18% in the past month, as the market increasingly expects a positive conclusion to Ripple's case with...
McDonald’s Just Released A Game That Runs On Game Boy Color
13.6.2023
McDonald’s, purveyor of refrigerated cheese and meat patties, is getting into the video game business to celebrate original character Grimace’s 52nd birthday. The hairy purple blob inspired a side-scrolling platformer that runs on mobile, desktop, and most surprisingly, Game Boy Color,...
US Inflation Cools to 4% Annual Rate, Setting Stage for Fed’s Decision on Interest Rates
13.6.2023
The U.S. Bureau of Labor Statistics’ consumer price index (CPI) report, released on Tuesday, reveals that inflation in the United States has eased to a yearly rate of 4%. The latest development arrives just ahead of the upcoming Federal Open Market Committee (FOMC) meeting scheduled for June...
Uniswap releases version 4 code, allowing for new types of liquidity pools
13.6.2023
The new version features “hooks” that will allow for more customized options, but it will not be implemented until more feedback is obtained from the community
XRP Prices Jump as Hinman Speech Released in Ripple Labs Filing
13.6.2023
Hinman suggested in his 2018 speech that bitcoin (BTC) and ether (ETH) were not securities, in his view