The blue-chip FTSE 100 index is in the red on Wednesday after the U.K. Office for National Statistics said inflation climbed significantly to a new forty-year high of 10.1% in July. Vanguard economist...
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SEC Cites Ripple Token Concentration; XRP Lawyer Says Not To Rely On It
Ripple and the U.S. Securities and Exchange Commission (SEC) have been engaged in a long running legal battle. However, in order to protect the infamous Ethereum speech, the commission cited blockchai...
PIXXSTASY Is Changing the NFT Market – Press release Bitcoin News
press release PRESS RELEASE. PIXXSTASY, a charity project for drug prevention and rehabilitation, is redefining the NFT market. The organization will sell 399 limited edition NFTs this year and use th...
Top tweets of the day – August 17th
74 Days to zkSync 2.0 on mainnet 74 Days to zkSync 2.0 on mainnet. With the dream of a zkEVM solution for the @Ethereum community becoming a reality, we’ve seen a wave of projects launching on zkSync ...
Crypto Jobs Remain Attractive Amid Bear Market
Within the past few years, cryptocurrency adoption and acceptance have dramatically increased. As a result, many developers and other participants joined the digital asset train to boost the expansion...
Fed Issues Guidelines For Crypto Banks
New guidelines provide a consistent and transparent process The updated process will create a three-tiered system Tier 1 would be insured federally The U.S Federal Reserve distributed what it called l...
Experts explain what ‘Big Short’ Michael Burry’s stock exit means for crypto
Michael Burry, the investor who famously shorted the 2008 housing bubble, has dumped nearly all the stocks in his portfolio during Q2, suggesting there may be carnage ahead for stock and crypto market...
Altcoin Built on Cosmos Quietly Rallies 327% This Month As Project Launches New Stablecoin
A decentralized finance (DeFi) altcoin is surging after announcing plans to release a next-generation stablecoin. In a new blog post, the creators of Kujira (KUJI) say that in response to the May coll...
Tencent Q2 2022 Financial Report Falls Short of Revenue Forecasts for First Time Due to Covid Resurgence, Gaming Regulation
Tencent ascribed its disappointing Q2 2022 report due to a number of macroeconomic factors. These include Covid resurgence-induced lockdowns and tighter gaming laws for minors Tencent recently posted ...
EU Lawmakers Seek to Cap Banks’ Bitcoin Holdings
“An institution’s total exposure to class 2 crypto-asset exposures must not be higher than 1% of the institution’s Tier 1 capital at all times,” said the proposal backed by the Finnish Member of the E...
Ethereum Denies Claims That Merge Will Lead to Lower Gas Prices: Report
The Merge, the biggest update in Ethereum’s history that will switch the cryptocurrency to proof-of-stake consensus, is almost complete. Ethereum org publishes notes on 8 misconceptions about Et...
Stock Market Crash Isn’t Over According To Indicator With ‘Perfect’ Track Record
Topline The stock market has minted a stunning rally amid hopes that the worst of the Federal Reserve’s interest rate hikes has passed and inflation has cooled, but Bank of America analysts on T...
Leadership Reshuffle at Genesis Includes CEO Michael Moro
Chief Operating Officer Derar Islim will be interim CEO Moro will remain with Genesis as an adviser until transition is complete Michael Moro is stepping down as CEO of Genesis as part of a leadership...
Genesis CEO steps down as crypto broker slashes workforce
Genesis CEO Michael Moro has stepped down, with Chief Operating Officer Derar Islim elevated to interim Chief Executive Officer, the New York-based crypto broker announced on Wednesday. The company sa...
Bitcoin miner Riot posts $366.3 million net loss in second quarter
Bitcoin miner Riot reported a net loss of $366.3 million in the second quarter, mainly due to a $349.1 goodwill impairment charge and a $99.8 million impairment charge on its bitcoin reserves. The com...
I Would Never Bet Against Bitcoin, Says Kraken CEO
– Advertisement – Kraken CEO Says he can never go against Bitcoin. Jesse Powell, CEO of the leading American cryptocurrency exchange Kraken, said in a recent interview with Bloomberg tha...
Weighed Down by Opioid Litigation, Endo International Files for Bankruptcy
Text size Dreamstime The generic drugmaker Endo International , which faces thousands of lawsuits related to its alleged role in the opioid crisis, filed for bankruptcy late Tuesday morning, while ann...
Unrevealed Facts About Ethereum’s Co-founder, Vitalik Buterin
Vitalik Buterin was one of the founders of the Ethereum blockchain. Vitalik wrote Ethereum’s white paper at the age of 19. Vitalik Buterin is not an unfamiliar name in the global crypto scenario. He i...
Ethereum price analysis: ETH rejects upside again, swiftly target $1,800
Ethereum price analysis is bearish today as we have seen a strong drop lower over the past hours as the upside was quickly rejected this morning. Therefore, we expect ETH/USD to drop even further over...
Huanhe Allows NFT Refunds, Halts Further Sales
The marketplace’s app will remain However, it will only allow existing customers to display, download and share NFTs Tencent is not planning to lay off Huanhe team members Tencent’s non-fungible toke...
CDPQ Loses Hope on $150M Celsius Bet
Key Takeaways Canadian pension giant CDPQ is writing off its $150 million investment through Celsius. President and CEO Charles Émond said the fund entered crypto “too soon” and the fund i...
4 takeaways from the Investing Club’s ‘Morning Meeting’ on Wednesday
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments: We’re cautiously w...
Ari Chambers, A Driving Force In Women’s Sports, Is Having A Ball
Ari Chambers. (photo via Wilson Basketball) Ari Chambers. (photo via Wilson Basketball) For Ari Chambers, who coined the phrase “the WNBA is so important” and lives that truth every day, a collaborati...
Curve DAO Token (CRV) Gets Rejected, Could Fall to $1.05
Curve DAO Token (CRV) has been rejected by both a diagonal and horizontal resistance level. The trend cannot be considered bullish until the price breaks out. CRV has been falling since reaching an a...
Europe’s Self Inflicted Oil Crisis And The Saudis Last Laugh With U.S.
President Joe Biden being welcomed by Saudi Arabian Crown Prince Mohammed bin Salman at Alsalam … [+] Royal Palace in Jeddah, Saudi Arabia on July 15, 2022. (Photo by Royal Court of Saudi Arabia...
Top 5 Privacy-Focused Search Engines – crypto.news
Today, most search engines collect a huge amount of data about you to make money from targeted ads. When a search engine collects this personal information, such as your name, address, user agent, and...
UK: new record for inflation
Annual inflation in the UK hit a new record in July. UK: inflation at historic high It turned out to be even higher than 10%, which is a level that has not been seen for more than 40 years. The surg...
Narrative is false about Ethereum’s price action post-Merge announcement
My timeline has been full this week of chatter about the price action of ETH and BTC. As a result of the Merge being slated for September 15th, people are throwing around comments on the decoupling of...
4 Reasons Apple Stock Just Got Upgraded
Apple stock was upgraded at Credit Suisse. Photo by Chip Somodevilla/Getty Images Text size Apple stock has been on a tear of late, and that means it’s time for its shares to get upgraded. In a report...