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Bankrupt Crypto Exchange FTX Continues to Explore Potential Relaunch, Court Records Reveal
23.5.2023
Recently submitted court records in the FTX insolvency case reveal that the exchange’s new CEO, John Ray III, has been exploring a revival plan for the now-disabled trading platform and the “preliminary formation of restructuring strategies.” FTX’s Revival Prospects Surface...
JPMorgan Boss Warns ‘Everyone Should Be Prepared’ for Interest Rates ‘Going Higher From Here’
23.5.2023
JPMorgan Chase, the largest bank in the United States, held its investor day event on Monday, where CEO Jamie Dimon answered questions from analysts and journalists. Despite market expectations of a rate hike pause, Dimon cautioned that people “should be prepared for rates going higher from here.”...
Hong Kong Launches Digital Currency Pilot With 16 Firms Including HSBC, Bank of China, Alipay
19.5.2023
The Hong Kong Monetary Authority (HKMA) has announced the commencement of its e-HKD pilot which “will take deep dives into potential use cases in six categories.” The pilot paves the way for “the possible implementation of a retail central bank digital currency (CBDC),” the central banking...
Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals
18.5.2023
Investors, plagued by mounting pessimism, have sought refuge in cash, according to a recent survey conducted by Bank of America. The survey highlights a notable 5.6% increase in cash reserves during May, as apprehensive investors brace themselves for a potential credit crunch and a recession....
Is it Too Late to Buy Shiba Inu? SHIB Price Keeps Falling But SpongeBob is Rallying Higher – 100x Potential in 2023?
17.5.2023
The SHIB Army are in disarray after 28 days of downside price action for the beloved SHIB token.
Despite the explosive 2023 meme coin season, SHIB has been sidelined by lucrative returns from prominent moon shots like Pepe coin and Wojak.
Currently trading at $0.0000086 (a 24 hour change...
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $27,000 as US Debt Ceiling Fears Grip Markets
17.5.2023
Bitcoin fell below the $27,000 level on May 17, as market uncertainty remained high amidst the debt ceiling crisis in the United States. Congress continues to negotiate terms of a potential increase to the limit, before the U.S. government runs out of cash on June 1. Ethereum also dropped, breaking...
Bitcoin Price Prediction: Assessing the Potential Support of the Upward Channel Near $26,800
17.5.2023
In the world of cryptocurrency, Bitcoin continues to be a subject of great interest and speculation.
As the price of Bitcoin experiences fluctuations, analysts and traders are constantly seeking insights into its future movements.
In this Bitcoin price prediction, we will focus on assessing...
Cashtokens Take Center Stage Following Bitcoin Cash Upgrade: Over 26,000 Tokens Created
16.5.2023
Following the recent Bitcoin Cash upgrade on Monday, data reveals that approximately 1,308 fungible tokens and 25,336 non-fungible tokens (NFTs) have emerged on the blockchain. Moreover, the Cashtokens token ecosystem is now accessible through the blockchain explorers 3xpl.com and salemkode.com...
J’JO’s Crypto Index Investing: Protecting Portfolios From Risks and Increasing Returns
16.5.2023
The global crypto market is expanding steadily despite recent bearish sentiments. Over 119 million people worldwide started owning cryptocurrencies in 2022, marking a 39% rise in total ownership. It reflects a growing demand for alternative payment methods and investment instruments. More people...
Explore top altcoin price potential for XRP and Solana with Avorak AI
15.5.2023
With the recent increase in Bitcoin’s price and the next crypto bull run expected, top altcoins like XRP and Solana (SOL) are getting increased attention. Investors and traders who are interested in these cryptocurrencies can explore their price potential with Avorak AI. What is XRP? XRP is...
Bitcoin Miner Marathon Receives Second SEC Subpoena in Connection to Montana Mining Facility Investigation
11.5.2023
Marathon Digital Holdings, a publicly-listed bitcoin mining company, has recently revealed that it was served with a subpoena by the U.S. Securities and Exchange Commission (SEC) in relation to an investigation concerning the firm’s Montana mining facility. The SEC is reportedly looking into...
Watchdog sues SEC over FOIA access to docs on potential crypto conflict of interest
11.5.2023
EMPOWR is requesting correspondence concerning former SEC officials William Hinman, Marc Berger, Jay Clayton and their current employers
EMCO Network Unleashes Blockchain’s Potential for Precious Metal Industry and Financial Inclusion
11.5.2023
PRESS RELEASE. EMCO Network, a pioneering Defi project, is set to revolutionize the digital and financial landscapes by leveraging its unique blend of real-world experience in precious metals and artificial intelligence sectors. Addressing the challenges faced by users from low socio-economic...
Binance’s VC Arm, With Over 200 Investments, Focuses on 'Explosive' Potential for Web3
11.5.2023
Binance Labs has grown its assets to $9 billion from $7.5 billion despite a bear market and the post-FTX collapse turbulence
IMF Says Zimbabwe Gold-Backed Digital Currency a Potential Threat to Financial Stability
11.5.2023
The International Monetary Fund has urged Zimbabwean authorities to weigh the benefits versus risks of issuing a gold-backed digital currency. Instead of using gold-backed digital currency to limit the demand for the greenback, the global lender said monetary authorities should consider...
Coinbase execs visit UAE to test potential of 'strategic hub' for international operations
8.5.2023
“I think the U.S. right now is a little bit behind in terms of regulatory clarity and some of the rhetoric from the top," said Brian Armstrong at the Dubai Fintech Summit
What is the risk/reward ratio in cryptocurrency trading, and how to use it
8.5.2023
The risk/reward ratio in crypto trading is the potential loss or gain of a trade used to assess profitability
5 cryptocurrencies with the best upside potential in the week ahead
7.5.2023
Bitcoin and Ethereum's ETH are finding buyers at lower levels, which may be a bullish sign for XMR, OKB and RPL
Bitcoin Provides Insurance Against Fiat Currency Failure, Says Validus Power Corp.’s Greg Foss
7.5.2023
On May 4, in a recent Youtube video, Validus Power Corp.’s executive director, Greg Foss, discussed the potential for the banking industry’s failures to wipe out $10 trillion in equity. Foss expressed his support for “hard assets” such as real estate, gold, and bitcoin....
Fed Chair Warns of ‘Uncertain and Adverse’ Consequences of US Debt Default — ‘We’d Be in Uncharted Territory’
6.5.2023
Federal Reserve Chairman Jerome Powell has warned of “highly uncertain and adverse” economic consequences if the U.S. defaults on its debt obligations. “No one should assume that the Fed can protect the economy from the potential short and long-term effects of a failure to pay our bills...