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LABEL Foundation Announces the Strategic Partnership With Polygon Studios to Launch Their Dapp on Polygon Mainnet
26.4.2022
PRESS RELEASE. In this industry, it is crucial to establish key strategic partnerships in order to ensure both longevity and prosperity. As such, LABEL Foundation has officially announced a partnership with Polygon Studios, with the further intention to chase their multichain goal and launch their...
While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter
25.4.2022
Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve rate hikes and China’s recent Covid-19 outbreak. As equities floundered on Monday,...
XRP-SEC Battle Continues: Will XRP Price Be Affected Further?
21.4.2022
XRP is recalled as one of the toughest competition to Bitcoin’s price rally in 2017 and 2018. The only coin that promised a higher return than BTC was XRP, and investors flooded onto this cryptocurrency. However, once the dust cloud settled, XRP price succumbed to profit-booking and panic-selling...
Canada’s WonderFi Bulks Up Further With Planned $31M Acquisition of Coinberry Crypto Exchange
18.4.2022
WonderFi recently completed the purchase of Bitbuy, another trading venue
India’s Crypto Trading Volume Plunges Further as Mobikwik Stops Payment Service
12.4.2022
Cryptocurrency trading volumes in India have plunged further across exchanges as traders mull over the 30% crypto taxation. In addition, popular payment service provider Mobikwik has stopped service to exchanges. Crypto Trading Volume in India Plunges Further Cryptocurrency trading volume in India...
Bank of America Strategist Warns ‘Recession Shock’ Is Coming, Analyst Says Crypto Could Outperform Bonds
8.4.2022
On Friday, Bank of America’s (BOFA) chief investment strategist Michael Hartnett explained in a weekly financial note to clients that the U.S. economy could head into a recession. The BOFA strategist’s note further detailed that cryptocurrencies could outperform bonds and stocks. BOFA...
Will Solana, Terra, and Polkadot Broaden Their Rallies Further?
8.4.2022
Crypto markets in 2022 can be segregated into three different categories based on their core function or element of existence. Firstly, some blockchains produce storage value cryptocurrencies like Bitcoin. On second thought, there exist some blockchains that introduced or helped scale other...
As Opera Challenges Brave Browser with Push Further into Crypto, How Do They Compare?
31.3.2022
The web browser Opera is strengthening its push into crypto by adding browser wallet support for multiple new blockchain networks, including Bitcoin (BTC), Solana (SOL), Polygon (MATIC), and Ronin (RON). The move is another step for Opera in challenging the crypto-native Brave browser as...
Zilliqa Token Rises Further as New NFT Gaming Partnership Announced
31.3.2022
The metaverse-focused Layer 1 blockchain Zilliqa’s native token ZIL once again rose sharply in price today, after new partnerships were announced and the progress in the roll-out of decentralized finance (DeFi) protocol was revealed....
Read More: Zilliqa Token Rises Further as New NFT Gaming...
OpenSea set to integrate Solana in April, further expanding the NFT ecosystem
30.3.2022
Magic Eden is currently holding a monopoly in the Solana NFT space, but expect OpenSea to attempt to encourage their consumer base onto their platform following this launch
Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’
21.3.2022
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing to raise rates more aggressively. Off the heels of the first benchmark interest rate increase since...
Amid the Hottest US Inflation in 40 Years, Biden Administration Blames Rising Prices on Shipping Industry
21.3.2022
During the last few months, inflation has risen significantly in the United States as it has climbed at its fastest pace since 1982. Data shows younger families with children have been struggling to make ends meet, while reports further indicate retirees and older folks with fixed incomes...
Biggest Movers: DASH, CVX and ALGO Lead Monday’s Gainers, APE Falls Further
21.3.2022
CVX was the biggest crypto gainer to start the week, as both DASH and ALGO also climbed higher. Despite ALGO rising to its highest level in over three weeks, gains in DASH and CVX were more noticeable. This came as APE once again traded in the red. Convex Finance (CVX) Convex finance (CVX)...
US Lawmaker Says Bitcoin Is Aligned With American Values, Will Strengthen the Dollar
19.3.2022
U.S. Congressman Pete Sessions says bitcoin is aligned with American values and will strengthen the U.S. dollar. The lawmaker further noted that the cryptocurrency “is trending to be a more resilient alternative option to hedge against fiat-currency inflation.” Rep. Pete Sessions Sees...
Biggest Movers: AVAX, RUNE up Over 10%, as CAKE Surges 20% on Thursday
17.3.2022
AVAX was once again higher on Thursday, rising for its fourth consecutive session, as it further cements itself in the crypto top ten. Although RUNE was also trading by as much as 15% higher, it was CAKE that led Thursday’s gainers. Pancakeswap (CAKE) Pancakeswap (CAKE) rose to its highest...
Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases
16.3.2022
On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoing Russia-Ukraine war. Powell announced that the FOMC decided to increase the benchmark bank...
A 'Petroyuan' Could Further Shake the Dollar's Dominance
16.3.2022
Saudi-Chinese talks “accelerate” amidst widening USD disruptions
US Lawmakers Introduce Bill to Sanction Russia’s Gold
9.3.2022
Four U.S. senators are introducing a bill to place sanctions on Russia’s gold. “This legislation would deter the purchase of Russian gold and close this loophole that allows the Russian Federation to soften the financial impact of sanctions,” the senators explained. “By...
Celestials Stellar Club Announces NFT Collection Minting Date March 14 2022
4.3.2022
PRESS RELEASE. Looking for an exciting new NFT collection to be a part of? Look no further than Celestials Stellar Club. We are pleased to announce the public mint date of our first collection of 4,962 NFT exoplanets on the Ethereum blockchain will take place on March 14 2022. Celestials Stellar...
While the Fed Monitors the ‘Ukraine Situation Closely,’ Powell Still Expects a Series of Quarter-Point Rate Hikes
3.3.2022
Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.” In remarks prepared for members of U.S. Congress, Powell discussed the Russian invasion of Ukraine...