U.S. Federal Reserve Chairman Jerome Powell testifies during the Senate Banking Committee hearing titled “The Semiannual Monetary Policy Report to the Congress”, in Washington, U.S., March...
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Three Arrows Capital Sells Over 56,000 Staked Ether Amid Growing stETH Discount – crypto.news
Wallets believed to belong to major investment firm Three Arrows Capital (3AC) recently sold off over 56,000 Lido staked ether (stETH) leading to a further decoupling of the price relationship between...
Fed Raises Rates By 75 Basis Points
Key Takeaways The Fed raised rates by 75 basis points today, the biggest hike since 1994. The decision comes as the inflation in the United States officially hits a forty-year high. The market reacted...
AI Ethics Shocking Revelation That Training AI To Be Toxic Or Biased Might Be Beneficial, Including For Those Autonomous Self-Driving Cars
Should we be willing to devise toxic AI in order to combat toxic AI? getty Here’s an old line that I’m sure you’ve heard before. It takes one to know one. You might not realize that this is an express...
Balmain CMO: NFTs a ‘Powerful Tool’ For Luxury Fashion Brands
Hardly a day goes by at the moment without an announcement from a high-end fashion brand about getting into Web3. Most recently we have seen Balmain’s creation of an NFT-backed ecosystem, followed a d...
Stocks Pare Back Gains After Federal Reserve Hikes Rates By 75 Basis Points
Topline The stock market opened higher on Wednesday but pared back gains after the Federal Reserve raised interest rates by 75 basis points—the largest increase in 28 years, as investors continue to w...
Investors Hit Binance.US With Class Action Lawsuit for Allegedly Misleading Customers About TerraUSD (UST)
Investors are filing a class-action lawsuit against Binance’s American arm, Binance.US, for allegedly falsely advertising investments in the algorithmic stablecoin TerraUSD (UST) as “safe.” Last month...
Hold Tesla at $670 with a price target of $770
Tesla Inc. (NASDAQ:TSLA) is trading at $670. Analysis shows that the stock could set a support level at $650. Since it is tough to catch a bottom, this analysis considers that Tesla is a buy for long-...
XDB Staking Rewards Coming to DigitalBits Ecosystem
Zytara, a fintech company and DigitalBits ecosystem contributor, announced today that the company has entered into a partnership with deadmau5 as part of the launch of its new banking platform. Zytara...
El Salvador’s Big Bitcoin Gamble Backfires to Deepen Debt Woes
(Bloomberg) — Most Read from Bloomberg An epic rout that has wiped out about two-thirds of Bitcoin’s value is exacerbating the debt crisis in the world’s most crypto-friendly country. In the yea...
Crypto Finance to support Tron Blockchain and its native Token
Zurich, Switzerland, 15th June, 2022, Chainwire TRON, one of the largest and most popular public blockchains, has announced that TRX will be supported by Crypto Finance. More TRON-based tokens are exp...
Mapping Out Kleiner Perkins’ Crypto Portfolio
June 14, 2022, 3:04PM EDT • 3 min read Quick Take Based in Menlo Park, California, Kleiner Perkins is a venture capital firm specializing in investing in incubation, early-stage, and growth companies ...
Stablecoin Law Could Be Passed in 2022
Legislators informed attendees at Consensus 2022 on Friday that a new federal law on stablecoins might be in place by the end of the year. The panel suggested a law to address difficulties with crypto...
US Inflation Reaches Highest in 40-Years After Rising By 8.6%
The U.S economy is going through a rough patch, especially after the economy was shut down over a respiratory virus and as its response, the printing of trillions of dollars. As per the latest reports...
BlockFi Ordered to Pay Over $943K in Iowa for Failing to Register Securities
BlockFi will pay settlements of up to $50 million to the 53 United States following the investigation, as well as another $50 million to the SEC. BlockFi has been ordered to pay an administrative fee ...
This is When Bitcoin (BTC) & Ethereum (ETH) Price Could Break $20,000 & $1000
Bitcoin & Ethereum prices yet again successfully defended their respective crucial zones at $20,000 & $1000. The assets are currently undergoing huge bearish pressure which is being challenged...
After Celsius’ Troubles, SEC Boss Gary Gensler Issues Warning on Dangers of Unregulated Crypto Industry
The head of the U.S. Securities and Exchange Commission (SEC) is issuing a warning to traders on the unregulated nature of the crypto industry after crypto lending platform Celsius (CEL) halted withdr...
Crypto is going through its own Dotcom crash
After a decade or so of strong growth, crypto looks to be having a similar crash as to what was experienced in the early 2000s after the dotcom bubble popped. Perhaps similarly to those times, only th...
Fed hikes its benchmark interest rate by 0.75 percentage point, the biggest increase since 1994
The Federal Reserve on Wednesday launched its biggest broadside yet against inflation, raising benchmark interest rates three-quarters of a percentage point in a move that equates to the most aggressi...
If $20K Breaks, This is The Next Level BTC is Likely Headed
Bitcoin’s price has been in a free-fall during the past few days after it broke below the $30K support level. It’s now found close to the critical point at $20K, so it’s important to see what will be ...
Build on Mars and get rewarded: Mars4 releases their first game demo
The first trial version of Mars4, a play-to-earn survival game, is now ready for Mars4 landowners. In this game, players will be able to learn essential mechanics and build their first Mars station or...
Bitcoin Holders To Remain Cautious As Correlation With Stocks Continues
Bitcoin’s correlation with the stock market has been on the rise over the last year. What started out slowly had quickly ramped up in the last few months to reach the highest correlation points in rec...
Mushe (XMU), ApeCoin (APE), and Axie Infinity (AXS)
Advertisement     2022 has been an interesting year for non-fungible tokens (NFTs). A report has shown that NFT marketplaces have received NFTs worth more than $37 bil...
Buy the Coca-Cola Company at $61 to sell at $70 in six weeks
The Coca-Cola Company (NYSE:KO) is a stock that investors should buy and hold in a bear market. The share is trading at $61. We think the stock is a buy as it maintains a predictable trend in price mo...
Ethereum (ETH) Price At $1,016 Will Cause Massive Liquidations, Here’s Why
The Ethereum (ETH) price is under pressure as it faces a massive selloff risk at $1016. Ethereum is currently trading at $1,064, down 13% in a day. The massive selloff will be caused by the liquidatio...
Bill Gates slams cryptos, NFTs as ‘100% based on greater fool theory’
“You have an asset class that’s 100% based on some sort of greater fool theory that somebody’s going to pay more for it than I do…” That was Microsoft MSFT, +1.40% co-founder Bill Gates delivering his...
Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit – Bitcoin News
Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit. The Tron DAO Reserve has deployed more tron tokens and USDC...
Dogecoin price analysis: DOGE moves towards bearish dynamics at $0.05444
Cryptocurrencies prices heatmap, source: Coin360 Dogecoin price analysis shows that the digital asset is currently in a downtrend as it has failed to remain above the $0.058 support level. Despite the...