GDP grew at a 2.4% pace in the second quarter, topping expectations despite recession calls

The U.S. economy showed few signs of recession in the second quarter, as gross domestic product grew at a faster-than-expected pace during the period, the Commerce Department reported Thursday. GDP, t...

Global geofencing market to reach $50 billion by 2026

Few people can live without a smartphone these days. They’ve become essential for daily life, enabling owners to stay connected with their families, friends, and colleagues and access just about any s...

Fireblocks Integrates Astar Network, Boosting Secure DeFi Access for Institutions

Digital asset management platform, Fireblocks, has now incorporated Astar Network, Japan’s leading blockchain, marking an expansion in the company’s secure services for institutional inves...

Singapore bank UOB expects ‘some upside’ to NIM after Fed rate hike

Singapore’s United Overseas Bank is expecting “some upside” in interest income in the next quarter, after the U.S. Federal Reserve announced a fresh rate hike overnight. UOB’s ...

Crypto reacts to superconductor claims that made front-page news

Yesterday, the crypto community responded to a Microsoft Word document that appeared to be a pre-print for an upcoming scientific article announcing the “world’s first room temperature, ambient pressu...

How to Evaluate Crypto Bridges

The Multichain bridge, one of the oldest and more established token bridges used in DeFi, has suffered a $126 million loss in July, making it one of the larger bridge hacks in history. But this one is...

Income Tax Rates Have Been Cut In 10 States In 2023, Soon To Be 11

The new North Carolina budget, which is expected to be enacted in August, will likely include the … [+] eleventh state income tax cut of 2023. getty At this point, halfway through the calendar y...

Bitcoin, ether ownership fell in 2022, Bank of Canada finds. Here’s why.

In a 2022 survey released on Wednesday, the Bank of Canada broke down the ownership of cryptocurrencies in Canada.  The report found that Canadians sold out of their bitcoin positions in 2022, but did...

CoinsPaid Suspects North Korea’s Lazarus Group of Orchestrating $37.3M Theft

North Korean state-sponsored Lazarus Group continues to wreak havoc in the crypto space. CoinsPaid has accused the threat actor of orchestrating the cyber attack on its internal systems. The platform ...

Baby Doge Coin Integrates opBNB Testnet with the Aim of Scalability and Speed Improvements for BABYDOGE

Key Takeaways: Baby DogeCoin announces support for opBNB Testnet opBNB is a layer-2 scalability solution for BNB Chain that could drastically improve the blockchain’s performance The full launch of op...

Shibarium Beta Bridge Finally Goes Live For Public Testing

The Shiba Inu community has welcomed another development, as the Shibarium beta bridge goes live, allowing the public to test it. The Shiba Inu development team has attained another mega accomplishmen...

VC Spectra (SPCT) successfully moves to Stage 2 of Public Presale

More than a month ago, VC Spectra (SPCT) secured $2.4 million from its private seed sale. Not long after, 125 million tokens were sold at $0.008 apiece in Stage 1 of its public presale. It was accompl...

European Monetary Union ECB Rate On Deposit Facility in line with expectations (3.75%)

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in...

HULFT Inc. Announces the Deployment of HULFT Square by International Trade Leader TradeWaltz

SAN MATEO, Calif.–(BUSINESS WIRE)–HULFT, Inc., the global data integration software leader, today announced that HULFT Square is serving as the data integration solution for TradeWaltz that connects t...

Bitcoin Mining Difficulty Down 3%, Will This Boost Hashrate?

Data shows the Bitcoin mining difficulty has declined 3% with the latest adjustment, something that could boost the coin’s hashrate. Bitcoin Mining Difficulty Declines As Hashrate Stagnates When Bitco...

DIS stock at risk as Disney-DeSantis saga escalates

Earlier this year, Disney’s stock (NYSE: DIS) experienced a significant downturn following a wave of backlash from conservative activists, who criticized the company for promoting liberal or progressi...

Is Equiity a Good Broker?

Equiity Exchange is more than just a reliable broker; it’s a standout performer in the realm of digital asset platforms. Here’s an in-depth review that explores the reasons behind its high rating amon...

Gary Gensler, at One Time, Thought Differently About Crypto as Video Footage Shows

Some interesting video footage from several years back has resurfaced that’s making people see Gary Gensler and the Securities and Exchange Commission (SEC) a tad differently. Gary Gensler and His Ori...

Target Stock Gets a Double Downgrade. 3 Reasons Why.

Text size Target reports quarterly earnings on Aug. 16. Joe Raedle/Getty Images Target stock has been in the crosshairs this year, and one analyst is bracing for more bad news when the big-box retaile...

Euro Area increases interest rates to a high of 4.25%

Quick Take The Euro Area has taken an assertive step towards controlling inflation, augmenting its rates by an additional 25 basis points (bps). This progression propels the current rate hiking cycle ...

Bitcoin Price Begins Run-Up To $35k – Here’s Why

Bitcoin price is trending higher on Thursday following a generally sluggish week in the cryptocurrency market. The most prominent coin is up 0.8% to $29,444 amid a renewed bullish push, with a 24-hour...

Decentralized exchange MovEx faces fallout as Sui foundation alleges contract violations

Sui Foundation has cut all ties with decentralized exchange MovEx, citing multiple contract violations. The Foundation allegedly paid $2.5 million SUI to MovEx for developing DeepBook, the network’s n...

Sam Bankman-Fried’s Campaign Fraud Charges Dropped

New developments in the case against Sam Bankman-Fried, co-founder of FTX, took a turn as the U.S. government decided to drop one of the thirteen counts against him. The charge, related to unlawful ca...

Litecoin Threatens To Fall Further After Breaking Below The $90 Support Level

Jul 27, 2023 at 03:09 // Price The price of Litecoin (LTC) has fallen below its moving average lines, indicating that the cryptocurrency remains under selling pressure. Long-term forecast of Litecoin ...

Compound Price surges 13%; COMP crypto preparing for $100.00?

1 Compound price surges 13% in a single day and formed a bullish engulfing candle. 2 COMP price bounced back by taking support at the 50-day EMA.  3 Compound price sustained above the 50-day and 200-d...

What Is Tokenization? – Decrypt

Traditional asset management is a laborious process. It often requires the involvement of numerous middlemen, including various state bodies and regulators.  Assets such as stocks, bonds, property, or...

Is Arbitrum Promise Fading? Metrics Decline Raise Price Alarms

Arbitrum (ARB), a Layer-2 scaling solution for Ethereum, has been on an eventful journey, with its promise of enhanced scalability and efficiency facing continuous scrutiny. Recent downtime incidents ...

Second Live and Polyhedra Network enter into a strategic partnership

Second Live has announced a strategic partnership with Polyhedra Network. The objective of the partnership is to boost Web3 by implementing a robust infrastructure. Polyhedra Network brings to the tab...

Facebook Parent Meta Sees Increased Profit on AI Pivot

Meta has just released its second-quarter earnings report and the figures are better than expected. The social media firm’s pivot away from the metaverse and into artificial intelligence (AI) has been...

Canada proposes new capital rules for crypto holdings

Canada’s financial watchdog is proposing changes to its capital and liquidity approach to crypto assets, according to an announcement on July 26. According to the Office of the Superintendent of Finan...

Bitcoin Still in a Bull Cycle Despite Correction, According to Quant Analyst – But There’s a Catch

The co-founder and CEO of analytics platform CryptoQuant, Ki Young Ju, is analyzing Bitcoin (BTC) as the flagship crypto asset hovers nearly 10% below the 2023 high. Ki Young Ju says that Bitcoin is s...

US presidential candidate donates 14 Bitcoin

US Presidential candidate Robert Kennedy Jr. said he bought 2 Bitcoin for each of his 7 children. He said this yesterday during a Twitter Space with The Wolf of All Street.  During the podcast he said...