Crypto prices surged in today’s session, as markets continued to react to the Federal Reserve’s latest interest rate hike. The Fed opted to raise rates by 75 basis points (bps) for a second consecutiv...
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Watch Treasury Secretary Janet Yellen talk live about the state of the U.S. economy
[The stream is slated to start at 1:30 p.m. ET. Please refresh the page if you do not see a player above at that time.] Treasury Secretary Janet Yellen speaks Thursday at a news conference on the stat...
Bitcoin Makes Surprise Climb As Fed Discloses 0.75 Point Rate Bump
Bitcoin and the rest of the crypto market have been in a festive mood in response to the U.S. Federal Reserve’s interest rate hike, sending both Bitcoin and Ethereum climbing in prices. The Fed’s ann...
Decentralized Data Platform Space and Time Raises $10M
Space and Time, which started as part of a Chainlink Labs program that supports the development of Web3 startups, uses Chainlink and other sources to pull data from blockchains, decentralized applicat...
At Big Ass Fans, Cooling Cows Led To Keeping People Comfy
The biggest moneymaker for Big Ass Fans: cooling for industrial spaces. Image courtesy Big Ass Fans Where it started: cooling big spaces in tough environments Big Ass Fans has a name that’s rather sel...
DeFi Platform, Vault Finance Set To Unveil Project – crypto.news
A decentralized finance (DeFi) platform, Vault Finance, has revealed its expected launch date, which will be before the end of July. The DeFi platform is a revenue-focused, sound business entity plann...
Scott Minerd Says Crypto Will “Deflate Further”
Alex Dovbnya Scott Minerd believes that the cryptocurrency bubble will deflate just like the dot-com bubble Scott Minerd, global chief investment officer of Guggenheim Partners, predicted that Bitcoin...
The U.S. Had 6 Months Of Economic Decline. So What’s The Definition Of A Recession?
TOPSHOT – Traders work on the floor at the opening bell of the Dow Industrial Average at the New … [+] York Stock Exchange on March 18, 2020 in New York. – Wall Street stocks resumed...
Terra (Luna) Upcoming Upgrade Gets Binance Support
– Advertisement – Terra wants to upgrade its network, and Binance exchange offers total support. The Crypto Basic recently reported that Terra plans to implement a network upgrade to insta...
50% of gig workers prefer portion of salary payment in crypto, study reveals
A new survey has revealed that almost half of the gig workers are open to being paid in cryptocurrencies despite the ongoing market meltdown. Indeed, 38% of gig workers could consider earning in cryp...
South Korea Interrogating Leading Banks in Light of Suspicious Activity
6 hours ago | 2 mins read Editors News FSS is investigating South Korea’s leading banks for unethical crypto transactions. FSS requested banks to submit an audit on noteworthy foreign exchange transac...
First Decentralized Data Warehouse, Space and Time, Raises $10M Seed Round Led by Framework Ventures
Los Angeles, United States, 28th July, 2022, Chainwire As the DeFi & GameFi sectors grow, Space and Time aims to be the first truly decentralized solution for rapid and secure data processing at e...
Harmony proposes minting billions of ONE tokens to pay back hack victims
Harmony’s core team has proposed a hard fork to mint billions of new harmony (ONE) tokens. The proposal is part of the plan to reimburse victims of its bridge hack last month. Harmony is a proof-of-st...
USDC on track to flip USDT by Q3 to become leading stablecoin
The second biggest stablecoin by market cap, USDC, is expected to overtake USDT, according to analysts at Arcane Research. The Glassnode chart below shows relatively parallel growth for both tokens fr...
Plug Power, Fuel Cell and solar stocks soar after Manchin changes course to back climate spending
Shares of clean energy companies soared Thursday, after Democratic Sen. Joe Manchin pulled an about-face and agreed to an economic bill that includes climate spending. “Details of the bill are n...
Cathie Wood’s Ark Invest Dumps $75M in Coinbase Stock
Ark Invest, the investment firm helmed by Cathie Wood, dumped a total of more than 1.4 million shares of Coinbase Global (COIN) on Tuesday, per the firm’s daily trade information newsletter. The sale ...
ChainLink price analysis: LINK gains substantial value at $6.86
ChainLink price analysis for July 28, 2022, reveals the market following a complete bullish movement, obtaining some positive momentum, signifying a gain of positivity for the LINK market. The price o...
Crypto Exchange Kraken Under Investigation for Allegedly Allowing Iranian Sanction Evasion: Report
Crypto exchange Kraken is reportedly under federal investigation for allegedly violating a US sanction against Iran. The US has imposed restrictions on activities with Iran following the hostage crisi...
Ava Labs Promises Entry Of Some Big Names Within A Year
Ava Labs CEO unveiled that some big entities will be joining them. Avalanche is considered as the rival of the second biggest cryptocurrency. AVAX was trading at the market value of $23.03, up by over...
UNIT Masters Kicks off 11th Educational Cohort
One of the main problems of web3 is that the education sector lacks a qualitative, all-encompassing approach to all education that is free and taught at scale to onboard new users who possess an in-de...
Solana Records Second Flash Loan Attack as Nirvana Losses $3.49M in Exploit
Solana network has recorded another flash loan attack, making it the second in a month. This time, decentralized finance (DeFi) yield protocol Nirvana was the victim, and the attacker stole $3.5 milli...
Fed raises rates by 75bps, recession close?
The Federal Reserve (Fed) chose the most painless path by raising rates by 75 basis points last night, rather than 100 bp as assumed by some analysts. The choice was a difficult one. However, the dec...
UPS workers rally in New York to protest hot working conditions
Teamster Local 804 rally in Brooklyn, NY, July 28, 2022. Jack Stebbins | CNBC BROOKLYN, N.Y. – UPS workers rallied Thursday morning to demand that the company provide workers adequate relief during pe...
DOT Stagnants Below $40 Level
The Polkadot price prediction may find a halt at $6 as the price has been hovering below $7 over the last 24 hours. Polkadot Prediction Statistics Data: Polkadot price now – $6.79 Polkadot market cap ...
Jack Ma Reportedly Set To Relinquish Control Of Ant Group After China’s Tech Crackdown
Topline Tech billionaire Jack Ma will reportedly give up control of Chinese fintech major Ant Group as part of an effort to ease regulatory concerns around the company, the Wall Street Journal reporte...
Crypto Investors Looks More Attractive and Desirable on Dating Apps, Survey Shows
Crypto investors could be more attractive or competitive package in the dating market, a study shows. Investors who have crypto portfolios are seen as more attractive, more desirable, and more intelli...
Stocks Rally Despite U.S. GDP Shrinking For A Second Quarter In A Row—But Experts Say No Recession Yet
Topline The stock market moved higher on Thursday despite U.S. economic growth contracting for the second quarter in a row, a significant recession indicator which spooked markets—though most experts ...
South Korea Pursues Digital Asset Reform Init…
In the wake of the mid-2022 crypto market collapse, South Korea is pursuing digital asset reform initiatives. According to a press release issued by its financial services commission, the Korean gover...
Can Solana hit $100 by the end of August? Here’s what the crypto community says
Disclaimer: The CoinMarketCap cryptocurrency community price estimate is based only on the votes of its users. Estimates do not guarantee end-of-month prices. After a difficult week for the cryptocurr...
ADA Taps $0.50 But Here’s the Critical Level to Watch (Cardano Price Analysis)
After a nice relief rally yesterday, ADA managed to hit the $0.50 psychological level again. Key Support levels: $0.45, $0.38 Key Resistance levels: $0.55, $0.66 Cardano found good support at $0.45, ...