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Goldman Sachs Raises US Recession Risk to 25%
5.8.2024
Global investment bank Goldman Sachs has increased the likelihood of a U.S. recession within the next year to 25% from the previous 15%, although they maintain that the risk remains limited. Despite the recent rise in unemployment to its highest in nearly three years and a significant slowdown...
Macroeconomics Expert Predicts Hard Landing for US Economy
4.8.2024
Despite recent positive economic indicators, investor and macroeconomics expert George Gammon foresees a hard landing for the U.S. economy. In an interview with Michelle Makori of Kitco News, Gammon pointed to several warning signs in the banking sector and the broader financial landscape. Banks...
Crypto.com surpasses Coinbase in trading volume as institutional demand grows
1.8.2024
The trading volume was largely boosted by new TradFi institutions, along with the launch of the first spot Ether ETFs
Crypto.com surpasses Coinbase in trading volume as institutional demand grows
1.8.2024
The trading volume was largely boosted by new TradFi institutions, along with the launch of the first spot Ether ETFs
Meta burns another $4.5B on metaverse in Q2, preps for AI growth
1.8.2024
Meta’s share price popped 7% in after-hours trading following a better-than-expected Q2 earnings call
Stablecoin growth soars as crypto global mass adoption ramps up
31.7.2024
Steady growth in the market cap of many stablecoins highlights investors’ interest in all aspects of the crypto market
USDC trading volume soars 48% in July, driven by MiCA, market growth
31.7.2024
The market capitalization of stablecoins increased by 2.1% to $164 billion in July, the highest level since April 2022
No Rate Cuts Yet: Fed Maintains Rates at Historic Highs
31.7.2024
The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Open Market Committee (FOMC). The committee noted that while inflation has eased over the past year, it remains somewhat elevated, with the overarching...
Tron surpasses Ethereum: $1.42M revenue in 24 hours
30.7.2024
Tron’s revenue surpasses Ethereum since July 23, with $1.42 million generated in 24 hours compared to Ethereum’s $844,276
Microsoft investors’ fears escalate over AI’s slow payoff
30.7.2024
Microsoft investors are increasingly anxious about the slow financial returns from its significant investments in artificial intelligence, despite Azure's steady growth
How to pick tokens for exchange listings? New report offers help
29.7.2024
Crypto exchange Bitget and Nansen Research collaborated to help exchanges evaluate potential of a cryptocurrency depending on the token cycle
Bitcoin Market Cap to surpass gold—Anthony Scaramucci
26.7.2024
Bitcoin currently has a market capitalization of roughly $1.3 trillion, while the entire crypto market cap is roughly $2.4 trillion
Bitcoin Market Cap to surpass gold—Anthony Scaramucci
26.7.2024
Bitcoin currently has a market capitalization of roughly $1.3 trillion, while the entire crypto market cap is roughly $2.4 trillion
Nigeria’s AI initiative sparks tech employment growth
26.7.2024
As Nigeria continues to build its technology workforce, the country is set to emerge as a key player in the global digital economy, leveraging local talent to drive innovation and economic growth
Direct client demand driving growth in BlackRock's Bitcoin ETF so far
25.7.2024
BlackRock head of digital assets Robert Mitchnick talked ETFs with Bloomberg’s James Seyffart at Bitcoin 2024
Crypto has more potential than stocks, real estate — Kraken survey
25.7.2024
Over 70% of survey respondents prefer coins like Bitcoin, while the rest indicated an interest in emerging coins and memecoins
TON introduces gasless fees with new smart wallet
25.7.2024
The W5 smart wallet will allow gasless transactions on the TON blockchain using USDT and Notcoin, enhancing user experience and accessibility
Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth
25.7.2024
The stablecoin economy is experiencing renewed growth. Over the past week, the market capitalization of all stablecoins increased by $1.52 billion. The growth over the past seven days was primarily driven by tether (USDT), the largest stablecoin by market valuation, with its supply expanding by...
Latvia's economic shift: Minister of Economics on crypto law and blockchain innovations
25.7.2024
Latvia’s Minister of Economics Viktors Valainis shared insights on the country's vision for a tech-driven future and new crypto laws and blockchain initiatives aimed at transforming its economy
Swiss Crypto Bank Sygnum Achieves Profitability Amid Rapid Growth
25.7.2024
Swiss-based crypto bank Sygnum has achieved profitability in the first half of 2024, marking a significant milestone in the digital asset industry. The bank’s success is attributed to robust growth across its core business segments, including custody, trading, and lending services. With assets...