Fed releases long-awaited study on a digital dollar, but doesn’t take a position yet on creating one

Federal Reserve Board Chairman Jerome Powell speaking at a re-nomination hearing of the Senate Banking, Housing and Urban Affairs Committee, on January 11, 2022, in Washington, DC. Pool / Getty The Fe...

Facebook And Instagram On The Verge Of Introducing Over 1 Billion Users To The NFT Space ⋆ ZyCrypto

Advertisement &nbsp &nbsp You soon will be able to trade and display your non-fungible tokens (NFTs) on your Facebook and Instagram profiles as well as use the two social medi...

Minnesota Vikings Have The Roster Quality To Find Top Head Coach, But Key Decision At QB Position Looms

Struggling in big games has been Kirk Cousins’ signature in his four years with the Vikings. (Photo … [+] by Ezra Shaw/Getty Images) Getty Images Just a few weeks ago, there was a common t...

BNB Price Struggles Below Weekly Highs Near $500k

BNB price action has been fading towards $400 after being rejected near $500, with bulls unable to close above the 100 DMA. The recent break of the important moving average crossovers signals witnesse...

Why The S&P 500 Is A Useless Benchmark For Actively Traded Funds

One of the most important elements of running or investing in a hedge fund or other actively traded fund is to establish a benchmark. Benchmarks enable fund managers to show how they are doing against...

SEC Chairman Gary Gensler Stresses Crypto Trading Platforms Must Be Regulated to Ensure Investor Protection – Regulation Bitcoin News

The U.S. Securities and Exchange Commission (SEC) is focusing on bringing cryptocurrency exchanges “inside the investor protection remit,” Chairman Gary Gensler has revealed. “If the trading platforms...

TaskUS down 15% after Spruce Point Capital announces its investment opinion

TaskUs, Inc. (NASDAQ: TASK) plummets by 15% after Spruce Point Capital issues a detailed report outlining why it believes TaskUs’ shares face a long-term downside risk of between 24% to 50% or $17.80 ...

Peloton stock is crashing on reports it’s halting production of bikes and treadmills

The bad news flywheel continues to be spinning in warp speed at Peloton (PTON).  Shares of Peloton crashed 22% to $26 on Thursday after a CNBC report that the struggling fitness company would temporar...

This is How Metaverseavenue Will Change Advertising in the Projected $1 Trillion Metaverse Using NFTs

When Facebook said they were rebranding to Meta, they (un)knowingly shone the light on the metaverse. Indeed, the metaverse is nothing new.  The technology has been there before but chronically suffer...

Federal Reserve publishes long-awaited central bank digital currency report

The US Fed’s long-awaited report on central bank digital currencies dropped Thursday afternoon. Framed as a discussion paper, the Fed notes in its introduction release that it “examines th...

USD Coin Overtakes Tether on Ethereum

The stablecoin market has undergone a shakeup as USD Coin (USDC) has overtaken USD Tether (USDT) on the Ethereum blockchain. USD Coin Supply On Ethereum Is Now More Than Tether As per the latest weekl...

Bitcoin, Ethereum, Solana, Cardano Price Analysis — 20 January Morning Prediction

Bitcoin marches towards higher market price in the 24 hours timeframe Ethereum shows progression just like Bitcoin Cardano staggers to get pace within the market Solana roars higher by 2.57% Cryptocur...

These were the 5 hottest coins on Twitter last week — And their price dynamics

Crypto Twitter is a powerful place. Not only does the online discussion follow the ups and downs of digital assets, but it can also shape price action. Oftentimes, a spike in Twitter attention can ant...

Eternal oath of Georgia citizen to stop crypto mining

Residents of Svaneti, Georgia, have reportedly been forced to take a holy swear not to mine cryptocurrencies in order to address energy issues caused by Bitcoin mining. An eternal oath was signed in o...

Jefferies Sees the NFT Market Reaching More Than $80B in Value by 2025

The convergence of the digital and physical worlds is taking shape, with non-fungible tokens (NFTs) allowing brands to expand their reach into “digitally-enabled experiential tie-ins,” investment bank...

Crypto Strategist Justin Bennett Updates Outlook on Bitcoin (BTC), Ethereum (ETH), and Two Popular Altcoins

A widely-followed crypto analyst foresees impending bounces for top cryptos Bitcoin (BTC) and Ethereum (ETH) while highlighting support levels for two popular altcoins. In a recent YouTube update, cry...

Jim Cramer Has Major Warning for Dogecoin Buyers

Alex Dovbnya Jim Cramer claims that Dogecoin is an unregistered security Popular stock picker Jim Cramer has issued a stark warning about Dogecoin in his recent tweet, claiming that the biggest meme c...

Facebook’s Meta plans to allow users to create and sell NFTs

Facebook’s Meta is reportedly working on a feature that will allow users to mint collectible tokens and display their NFTs on their social media profiles. According to sources familiar with the matter...

Peloton to pause production of its Bikes, treadmills as demand wanes

Peloton is temporarily halting production of its connected fitness products as consumer demand wanes and the company looks to control costs, according to internal documents obtained by CNBC. Peloton p...

a16z Seeks Record-Breaking $4.5B for Crypto Funds

Key Takeaways Andreessen Horowitz has announced it is seeking $4.5 billion in fresh capital for its crypto funds. $3.5 billion would be allocated to its recently-launched crypto fund and $1 billion wo...

Travelers, American Airlines, Signet Jewelers and more

Check out the companies making headlines before the bell: Travelers (TRV) – The insurance company reported a quarterly profit of $5.20 per share, well above the $3.86 consensus estimate, with revenue ...

Twitter Launches NFT Profile Pic Verification for Some iPhone Users

In brief Twitter will now let users of its Blue service verify ownership of the NFTs used as their profile pictures. The service is for now only available to iOS users though Android users will be abl...

The CW Renews A Trio Of Alternative Series For 2022-23

Penn Jillette (L) and Teller of the comedy/magic team Penn & Teller appear at the Rio Hotel & Casino … [+] to celebrate the duo’s 35 years performing together March 3, 2009 in Las ...

YIELD App Launches Version Two, and It’s More Than Just a New Look

January 20, 2022 – Tallinn, Estonia YIELD App – the official digital asset wealth management partner of premier league football club West Ham United – has unveiled the hotly anticipated version two (V...

Peloton—Pandemic Stock Darling—Reportedly Halts Production Of Fitness Products, Shares Plunge Nearly 20%

Topline Shares of Peloton—which surged during the pandemic as house-bound consumers grasped for ways to stay healthy—plunged nearly 20% on Thursday after reports that the company will temporarily halt...

MicroStrategy Not Selling its $5B Bitcoin Stash, Says CEO Michael Saylor

Michael Saylor, the CEO of the leading publicly traded business intelligence and software company MicroStrategy, revealed that the company is not selling its Bitcoin stash. When questioned if he is te...

‘metaverse is obviously just a gimmick’

In a time when everyone, from investors to CEOs, is talking about the metaverse, Evernote co-founder Phil Libin says the whole idea is obviously just a gimmick. Highlights from Libin’s interview on CN...

Russian Central Bank Suggests Banning Cryptocurrencies

In a paper discussing the role of cryptocurrency in the Russian financial sector, the country’s central bank proposed a ban on its usage, trading and mining. The call came from a paper published earli...

Russia’s Central Bank Proposes Ban on the Use and Mining of Crypto

On Thursday January 20, the Bank of Russia published a report that proposes ban of the use and mining of cryptocurrencies within Russian territory. In the report, the Central Bank of the Russian Feder...

InBetweeners, the NFT brand that bewitched Justin Bieber- The Cryptonomist

The brand is called InBetweeners and has become known to the world for its exclusive “bad ted”, 10,777 NFTs that reproduce Teddy Bear. With the support of Justin Bieber, the collection got an incredib...

Peloton’s stock skids, following report it will pause production of bikes, treadmills

Shares of Peloton Interactive PTON, -17.24% were sinking Thursday afternoon, trading below where it first listed, after a report said the exercise-equipment maker was temporarily pausing production of...

5 Top NFT Cryptocurrency to Invest in Now – January 2022

Non-fungible tokens (NFTs) have grown in leaps and bounds since the beginning of 2021. Despite breaking into the blockchain limelight just a year ago, NFTs have recorded over $15 billion in total reco...