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BOE governor trashes crypto, stablecoins in favor of ‘enhanced digital money’
10.7.2023
A retail CBDC or “enhanced” digital money would support the singleness of money and settlement finality, Andrew Bailey said, but crypto isn’t money
Bitcoin, Ethereum Technical Analysis: BTC Briefly Climbs to 1-Year High, Before Losing Momentum
6.7.2023
Bitcoin rose to a fresh one-year high on Thursday, as markets reacted to the release of June’s FOMC minutes. The report on last month’s Federal Open Market Committee meeting showed that “almost all participants” are in favor of further hikes this year. Ethereum also...
'Pick your targets’ — Bitcoin analyst believes Fed will favor bulls
15.6.2023
Fed Chair Jerome Powell was "all bark, no bite" with his hawkish comments which sent BTC price action below $25,000, says Material Indicators' Keith Alan
Judge Rules in Favor of Galaxy Digital in Case Against BitGo Over $1.2 Billion Deal Cancellation
13.6.2023
In a recent development, a federal judge in Delaware has ruled in favor of Galaxy Digital, the crypto merchant bank led by Mike Novogratz.
The case pertains to the termination of a $1.2 billion acquisition deal with BitGo. The court dismissed BitGo's lawsuit, stating that Galaxy had a valid basis...
Gen Z Investors Favor Crypto, But Experts Warn of Potential Risks
8.6.2023
Crypto is the top choice for Gen Z investors, driven by their exposure to technology, social media, and easy investment access, according to a joint report by American finance industry organizations the CFA Institute and the Financial Industry Regulatory Authority (FINRA).
But despite the appetite...
Xi Jinping and Putin Discuss BRICS Cooperation With Brazil’s President
27.5.2023
Chinese President Xi Jinping and Russian President Vladimir Putin engaged in phone conversations with Brazilian President Luiz Inácio Lula da Silva regarding their joint work within the BRICS group ahead of the economic bloc’s leaders’ summit. Lula has been a vocal advocate of ditching...
UN Secretary-General Says Global Financial System ‘Outdated, Dysfunctional, Unfair’ — Calls for Reform
24.5.2023
United Nations Secretary-General António Guterres says the current international financial system is “outdated, dysfunctional and unfair.” He stressed: “There is a systemic and unjust bias in global economic and financial frameworks in favor of rich countries, which is naturally generating great...
XRP Bucks Bitcoin-Led Slide in Majors as SEC Case Tilts in Ripple’s Favor
19.5.2023
Ripple has historically maintained a distance from XRP, the token that powers some of its products and the XRP Ledger network
XRP Price Prediction as Judge Rules in Favor of Ripple to Deny SEC Motion to Seal Hinman Documents – XRP to $1?
17.5.2023
The XRP price has jumped by 5% in the past 24 hours, after the judge presiding over Ripple's case with the SEC denied the regulator's motion to seal important documents.
At $0.446896, XRP is up by 4% in a week but down by 13% in the last 30 days, with today's spike going some way towards reversing...
JPMorgan CEO Jamie Dimon in Favor of Abolishing Debt Limit; States Getting Close to Default Can Cause Panic
11.5.2023
Jamie Dimon, CEO of JPMorgan, stated that he favored abolishing the debt limit, giving the government the faculties to extend its debt without congressional action. Dimon also stated that even the drama surrounding the build-up to extending or not extending the debt limit could cause panic, as...
World’s Largest Regional Organization to Switch to Settlements in National Currencies
29.4.2023
A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a common currency. Shanghai Cooperation...
South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security
24.4.2023
Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product. Despite the recent...
De-Dollarization Trend Irreversible, Flight From US Dollar Sure to Accelerate, Says Russian Official
16.4.2023
Russia’s foreign minister says a flight from the U.S. dollar “is sure to accelerate,” emphasizing that “this trend is irreversible.” The official added: “The path of sanctions is the path to nowhere. Serious countries and sober-minded politicians are drawing relevant...
Monero & Ethereum Classic Updates. Holders bailout in favor of Uwerx 2023 crypto presale
10.4.2023
Crypto holders had a tough time in 2022. As we reach the middle of 2023, we begin under a cloud of massive fear, uncertainty, and doubt as the long crypto winter rages on. For instance, long-term top 50 mainstays like Ethereum Classic (ETC) and Monero (XMR) weren’t immune to the descent into a bear...
Bitcoin derivatives favor further BTC price rally toward $30K
7.4.2023
Bitcoin's price might have held near $28,000 but the absence of shorts using margin and futures markers is a bullish indicator
April Seasonality in Favor of Bitcoin and Stocks
3.4.2023
The first month of the second quarter usually sees bullish environment for risk assets
EU Lawmakers Vote to Impose €1,000 Limit on Unidentified Crypto Transactions
30.3.2023
EU lawmakers have voted in favor of imposing a €1,000 limit on crypto transactions where the customer cannot be identified. “Entities, such as banks, assets and crypto assets managers, real and virtual estate agents, and high-level professional football clubs, will be required to verify their...
EU Lawmakers Vote in Favor of Payment Limits on Anonymous Crypto Wallets
28.3.2023
Crypto rules form part of a money-laundering overhaul supported by the European Parliament Committees
Maximum votes cast in favor of The Maker Constitution
28.3.2023
There was an announcement made for the conducting of an open poll for The Maker Constitution. This happened to have been a proposal that was initiated by the CEO and Co-Founder of Maker, Rune Christensen. It turned out that the maximum number of votes, to the tune of 76%, went in total favor of...
IoTeX Blockchain's DAO Votes to Add Ether Liquid Staking Derivatives
21.3.2023
A newly passed improvement proposal will add native support for representing staking buckets as NFTs on the IoTeX blockchain