The Block: Bitcoin mining report: Feb. 02

Bitcoin mining stocks tracked by The Block were higher on Thursday, with 15 gaining and three declining. Bitcoin rose 1.2% to $23,830 by market close. Here is a look at how the individual ...

Preserving and reinventing music festival legacy in the metaverse

The metaverse is becoming a destination for more brands, companies and communities to connect. A study from December 2022 revealed that 69% of users believe metaverse entertainment will reshape social...

There’s a wild theory that the price of Bitcoin is being propped up—and the academic who proved manipulation in 2017 suspects it may be happening again

Back in 2017, John Griffin, a professor of finance at the University of Texas McCombs School of Business, noticed something strange. Griffin follows a totally different beat from typical business scho...

Ark’s Cathie Wood Stands by $500,000 Bitcoin (BTC) Price Prediction

Alex Dovbnya Superstar investor heaped praise on Bitcon and Ethereum during recent interview During a Wednesday interview with CNBC, Ark Invest head Cathie Wood doubled down on her uber-bullish predic...

Coinbase’s stock increases after Fed hikes interest rate – Cryptopolitan

On Thursday, Coinbase (COIN) shares soared more than 20%, following the Federal Reserve’s recent rate hike and Fed Jerome Powell’s declaration of progress in fighting inflation. On Wednesday, Coinbase...

Financial Services GOP Points Out: SEC Not Reauthorized Since 2015

The SEC, apparently, has not been reauthorized since 2015. The matter was pointed out by the financial services GOP. The reauthorization is necessary to ensure the smooth and efficient functioning of ...

Convex Finance (CVX) Prices to Propel Near $10? Can Bulls Sustain

CVX witnessed a strong upside trend for weeks. Prices have seen a gain of 17.76% in intraday. Trading volume rose by 190.54% in the past 24 hours.  Convex Finance is a DeFi protocol extending a f...

What is Render token and why it gained 300% in price

It’s been a wild ride for the Render Network’s native RNDR token this year thus far. Starting 2023 at a modest $0.4008, the token reached its 90-day high of $1.73 on Feb. 2, rising by a staggering 331...

Jim Cramer says he likes these 3 junior growth stocks for younger investors

CNBC’s Jim Cramer on Wednesday gave young investors a list of stocks he believes should be on their shopping lists. “If you’re a younger investor, you need to take some risk in your ...

Hong Kong Contemplates Ban on Algorithmic Stablecoins

Hong Kong’s Monetary Authority is weighing whether to implement or amend existing legislation that would effectively ban algorithmic stablecoins within the special administrative region. The regulator...

Why ‘Warm Days, Cool Nights, And Special Soils’ Aren’t Attracting Young People To Wine

Silicon Valley Bank’s State of the US Wine Industry 2023 highlights a need for the industry to … [+] attract customers under the age of 60. getty Crystal Cameron-Schaad runs Crystal Palate...

Cardano Stablecoin DJED Now Featured on CoinMarketCap and Coingecko

DJED and SHEN are now listed on CoinMarketCap and Coingecko COTI Network has announced that Cardano stablecoin DJED and its reserve token DJED are now featured on two prominent cryptocurrency aggregat...

OpenSea rolls out one-stop shop for NFT drops

OpenSea has launched a suite of tools to let people or brands launch their own NFT projects.  The tools aid deploying smart contracts across all supported EVM chains, configuring drop mechanics ...

Metacade presale investment rockets past $5 million as GameFi investors hurry to buy remaining MCADE tokens

London, United Kingdom, 2nd February, 2023, Chainwire The Metacade presale is selling out fast with stage 3 coming to a close after just 12 days. The presale of the play-to-earn (P2E) metaverse arcade...

Genetic Technologies Shares Jump After Strategic Alliance With Qiagen

Genetic Technologies Limited (NASDAQ: GENE) agreed to form a strategic alliance with Qiagen NV (NYSE: QGEN) to establish and develop a ‘Centre of Excellence facility in Australia. Qiagen will su...

Indonesia to have national crypto exchange before June

The Trade Ministry of Indonesia had initially planned to set up a national cryptocurrency exchange by the end of 2022, but the ministry is now aiming to have the exchange set up before June 2023, acco...

A documentary about SBF and CZ’s relationship is in the works – Cryptopolitan

The FTX drama and the events that led to the crypto exchange’s demise will be depicted in a new documentary concentrating on the tumultuous relationship between Samuel Bankman Fried “SBF” and Binance ...

Voyager Victim Files Motion to Appoint External Trustee

Voyager creditor and financial lawyer Michelle DiVita has filed a motion to have a trustee appointed to handle the crypto lender’s estate. The collapse of the Terra ecosystem was one of the most signi...

Can ETH Shanghai fork, NFT Surge, make Ethereum No. 1: Analysis

Ethereum stands second to Bitcoin in market capitalization but leads the industry in smart contracts, NFTs and protocols. The recent announcement of the Shanghai fork, EIP-4895, expected in March 2023...

4 new Binance crypto listings to watch for 2023

In recent years, the listing of crypto assets by Binance has been very selective. The world’s leading exchange platform has added far fewer cryptocurrencies than other exchanges, demonstrating how rig...

Elon Musk To Spark Next Dogecoin Rally? Crypto Analysts Look at Catalysts for Shiba Inu’s Biggest Competitor

A crypto analyst says Elon Musk could cause the meme token Dogecoin (DOGE) to breakout from an enduring resistance level. Pseudonymous analyst Pentoshi tells his 672,200 Twitter followers that the big...

Fantom (FTM) Price Prediction: Will It Hold Its Recent Gains?

Join Our Telegram channel to stay up to date on breaking news coverage Fantom has rallied today to trade at $0.5264. It attained this price level on January 31, 2023, for the first time in a few month...

Cramer says Meta’s latest quarter shows why he stuck with the stock

CNBC’s Jim Cramer on Thursday used Facebook parent company Meta Platforms as a case study of why it sometimes pays off to hold downtrodden stocks. “When companies change their stripes, or ...

Bitcoin Price Hovers Near $24K

Yesterday, the FOMC had its first meeting of the year and right after that the Federal Reserve claimed that there will be an interest rate hike of 25 bps and it is expected to continue. Even after the...

Baltimore Orioles Reject Camden Yards Lease, Seek Longer Deal

Oriole Park at Camden Yards, which opened in 1992, would get ballpark and neighborhood upgrades if … [+] the team gets a new long-term lease. (Photo by Greg Fiume/Getty Images) Getty Images Just...

Local Officials Set Ambitious Targets for Digital Yuan Transactions

Local news site JS China reports that top Communist Party officials were present in the City of Suzhou on February 1 for an annual conference discussing the testing of the digital yuan central bank di...

Coinbase stock up 21% following lawsuit dismissal

Shares of Coinbase have been rallying since Wednesday afternoon after a federal judge dismissed a lawsuit against the company. The stock was up by roughly 21%, trading at around $78.7 as of 1 p....

Crypto to head higher?

FOMC meeting done with, and future rate hike outlook relatively benign. What could be in store for Bitcoin and the altcoins over the next days and weeks? Fed Powell follows market expectations Jerome ...

Meta Lost $13.7B on Metaverse Initiative in 2022

Mark Zuckerberg’s Metaverse bid proved costly for the company amidst a persistent bear market as Reality Labs lost $13.7 billion in 2022. According to Meta’s earnings release, the company’s metaverse ...

Apple reports sales decline: here’s why this analyst is not concerned

Apple Inc (NASDAQ: AAPL) gave back its intraday gain in extended hours after reporting its first quarterly year-on-year decline in sales since 2019. Apple stock down on disappointing iPhone sales iPho...

Indian retail group begins accepting CBDC payments

A leading Indian retail chain, Reliance Retail, has begun accepting the national CBDC, the digital rupee (e₹). In India, the central bank is testing digital currency across wholesale and retail segmen...

Warren Buffett’s right-hand man Charlie Munger, who once called crypto ‘rat poison,’ says we should follow China’s lead and ban cryptocurrencies altogether

Charlie Munger is no fan of crypto. As vice chairman of the nearly $700 billion megaconglomerate Berkshire Hathaway, Munger has helped Warren Buffett make billions for investors since 1978 using a str...