The recent surge of Bitcoin above a resistance level that dates back to August 2022 has strengthened the possibility of a continued rally, with $28,000 now in view. Bitcoin Breaks Major Resistance Lev...
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Dubai Free Trade Zone Partners With South Korean Companies to Expand Web3 and Metaverse Business – Metaverse Bitcoin News
The Dubai Multi Commodities Centre, one of the biggest free trade zones in the world, signed agreements with governments and companies in South Korea to bring more Web3 and metaverse businesses to the...
Bitcoin (BTC) Will Reach $1,000,000 Amid Major Move From Central Banks, According To BitMEX Founder Arthur Hayes
BitMEX co-founder CEO Arthur Hayes is forecasting a massive Bitcoin (BTC) rally and a major pivot from the world’s central banks. Reacting to the news that the People’s Bank of China has reduced the R...
The ‘Diablo 4’ Beta Is Basically Unplayable Thanks To Endless Login Queues
Diablo IV is basically unplayable. Credit: Blizzard Welcome to Diablo IV’s Early Access beta weekend! So far, I have to say I’m really enjoying the game—or at least I assume I would be if I could ever...
Playboy Accepted ETH Payments for NFTs– Incurs a $4.9M Loss
Playboy accepted Ethereum for their NFT collection “Rabbitars,” launched in 2021. Declining ETH price, and harsh crypto winter, made them lose. The parent company of Playboy incurred an impairment lo...
Bitcoin Profit-Taking Transfers Spike As BTC Breaks $27,000
On-chain data shows the Bitcoin profit-taking volume has shot up after the cryptocurrency’s price briefly broke above the $27,000 level. Bitcoin Observes 2.4 Times As Many Profit Transfers As Loss One...
Toncoin Price Prediction: Will TON Break Through Its Resistances?
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The A-Z of Aptos five months after Mainnet launch
Aptos’ TVL has notably reduced despite high expectations. The project has performed well with respect to NFTs and token value. When Aptos’ [APT] Mainnet went live on 17 October 2022, there was an arra...
Astra Seeks Deadline Extension from Nasdaq to Avoid Delisting
In addition to seeking the grace period from Nasdaq, Astra also mentioned a possessive reverse stock split. Rocket launch startup Astra Space (NASDAQ: ASTR) has drawn a plan to avoid a delisting from ...
The Crypto Community Can Be Its Own Worst Enemy
Sometimes the crypto community can be the technology’s worst ambassadors. It’s hard to bring people into this space, and some people make it harder still. My career in crypto is more by accident than ...
Arbitrum’s Important Steps Towards Decentralization
Arbitrum took important steps to decentralize its networks while putting the community in control of Arbitrum’s ecosystem and technology. Arbitrum Foundation announced the launch of DAO governance for...
Market Rally Divided: First Republic Bank Dives After Hours In Latest Twist; Fed Meeting On Tap
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures, amid a divided market rally. The Federal Reserve meeting looms but it’s already shaping up to be a ...
UBS in discussions to buy Credit Suisse: report
UBS Group AG is in talks to buy all or parts of Credit Suisse Group AG, with their boards meeting separately over the weekend to consider the move, the Financial Times reported late Friday. Swiss regu...
First Republic plans private stock sale to raise cash: reports
First Republic is seeking to raise money from other banks or private-equity firms by selling new shares, the New York Times reported late Friday, citing people with knowledge of the discussions. First...
Wait 10 Seconds, Lose $1 Million in Markets Rocked by Volatility
(Bloomberg) — Holed up in a Hyatt hotel room in the Caribbean, John McClain whipped out his laptop on Sunday afternoon and started trading bonds. This was supposed to be a family vacation for Mc...
Charles Schwab calls itself a ‘safe port in a storm’
Charles Schwab Corp. looked to reassure investors amid the crisis of investor confidence in the banking sector, saying it remained “a safe port in a storm.” The financial services and discount brokera...
FDIC Denies That Potential Signature Buyers Must Give Up Crypto
Following the collapse of Silvergate bank – one of the two main banks providing financial services to crypto platforms – former clients began pivoting to competitor Signature, only for the latter to b...
Oil Prices Tumble. Worst Case Could Be $40 a Barrel.
Oil prices tumbled again on Friday, hitting their lowest levels since December 2021. It Is becoming increasingly clear to analysts that bearish economic forces are outweighing the bullish impacts of C...
Establishing Why Is Just As Important As The How
getty Far too many people are content to move forward in their daily lives, completely unaware that they are imprisoned by a variety of financial institutions. They can feel the impact of their servi...
Dogecoin (DOGE) NFT-Obsessed DAO Plans Pilgrimage To Meet the Original Doge
A decentralized autonomous organization (DAO) obsessed with Dogecoin (DOGE) is planning a pilgrimage to Japan to meet the dog that inspired the Doge meme. In a lengthy thread, the Own The Doge DAO, kn...
Meta is pushing the metaverse aside for AI
On Tuesday Facebook parent Meta (META) announced that it will lay off another 10,000 employees. The move is part of CEO Mark Zuckerberg’s so-called “Year of Efficiency” during which the company is cut...
Bitrue CSO On How Crypto Exchanges Are Faring Post-FTX Collapse
The collapse of FTX sent shockwaves throughout the crypto space, triggering the downfall of some crypto firms and prices crashed along with it. However, the market is picking up once more and confiden...
AGIX Token Price Analysis: Token Price is Stuck Inside a Range
AGIX token price is nearing an all time high as it trades on a bullish trajectory. AGIX token price is forming a symmetrical triangle pattern on an hourly time frame. The pair of AGIX/BTC is trading a...
Thousands of Stock Options on Failed Banks in Limbo as Expiration Hits
(Bloomberg) — Stock options worth hundreds of millions of dollars tied to failed lenders SVB Financial Group and Signature Bank are reaching expiration Friday with no certainty whether or how th...
Are They Bargains Or Yield Traps?
https://cdn.benzinga.com/files/images/story/2023/03/17/87cf1b69-078c-4adb-a86f-481c4d2e44e4.jpeg?optimize=medium&dpr=2&auto=webp&crop=1200%2C800 The oldest investing advice on Wall Stre...
Real-world assets tokenization lacks infrastructure, not just regulation
The merger between decentralized finance (DeFi) and traditional assets, has been held back by lack of infrastructure and regulatory standards worldwide, sources recently told Cointelegraph. “Th...
El-Erian Says US Banks Need a ‘Circuit Breaker’ After Upheaval
(Bloomberg) — Mohamed El-Erian says the latest upheaval surrounding First Republic Bank will make banks rethink their standards and prepare for tougher regulation. Most Read from Bloomberg “You ...
Ford is telling select Bronco owners not to drive their vehicles
A recall has been issued on select Ford F, -4.40% Bronco SUVs, including some already in customers’ hands and some waiting to be delivered. The recall pertains to 2023 Bronco Wildtrak and 2022 Bronco ...
Summers Warns Fed Against ‘Financial Dominance,’ Urges Rate Hike
(Bloomberg) — Former Treasury Secretary Lawrence Summers said the Federal Reserve shouldn’t be spooked into easing its campaign to contain inflation out of excessive concern about a credit crunc...
Unlimited deposit insurance: A radical idea that’s gaining steam in Congress
The federal bailout of depositors at Silicon Valley Bank was organized with historic speed and may have saved the U.S. economy from a devastating wave of bank failures, but it also highlights the pote...
Every hiking cycle over the last 70 years ends in recession or a financial crisis. ‘It’s not going to be different this time,’ Morgan Stanley strategist says.
One of the mysteries for the first two months of the year was the fact that the U.S. economy was seemingly absorbing a wave of Federal Reserve interest-rate hike without a hiccup. After the events of ...
Undeterred by Fears of a Banking Crisis, ECB Raises Interest Rates by 50bps – Economics Bitcoin News
The European Central Bank (ECB) has convened to raise three of its key interest rates by 50bps (0.5%), fueled by the persistence in the inflation numbers reported by the bloc. Christine Lagarde, presi...