Update on 13 May at 09:49 UTC – Paolo Ardoino, CTO of Tether and Bitfinex tweeted that Tether has cut some holdings of commercial paper. In the accompanying news article, Ardoino explained that ...
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Coinbase CEO Brian Armstrong Predicts Crypto Economy Will Explode to 15% of Global GDP – Here’s His Timeline
Coinbase founder and CEO Brian Armstrong is optimistic about the future of crypto assets despite the current market downturn. In a recent Coinbase first-quarter earnings call, Armstrong says the crypt...
Crypto’s Drastic Crash To Attract Stricter Global Regulation, Here’s Why
The International Organization of Securities Commissions (IOSCO) on Thursday reportedly said financial market regulators around the world are likely to launch a global crypto regulation body next yea...
Ethereum Classic: After flipping a 14-month support, here’s what to look out for in ETC
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum Classic (ETC) has been on a swift withdrawal phase after...
Bitcoin reaches lowest point since Dec 2020; here’s what to expect
On 12 May, BTC dropped to its lowest valuation of $26,350 since December 2020. There is an uncanny resemblance between this crash with the mid-season crypto breakdown in May-June 2021. In both crashes...
The S&P 500 is on the brink of a bear market. Here’s the threshold.
The latest bull market for U.S. stocks remains on the brink of expiring, with the benchmark S&P 500 just shy of the threshold that marks bear territory. The S&P 500 SPX, -0.13% finished 0.1% l...
Here’s How The Biden Administration Plans To Tackle The Baby Formula Shortage
Topline The White House announced new actions Thursday to make baby formula more available, as a major shortage leaves parents struggling to find food for their infants due to inflation, supply chain ...
Shiba Inu Stablecoin Inches Towards Completion; Here’s What We Know So Far
The Shiba Inu ecosystem has been consistent with its updates as developers have been working hard at it. According to the official Shiba Inu blog post, the primary financial components, Shibarium, SHI...
Robinhood shares just popped up 30%: here’s why
Shares of Robinhood Markets Inc (NASDAQ: HOOD) jumped more than 30% in extended trading on Thursday after the CEO of a Bahamian crypto exchange took a sizable stake in the fintech company. Sam Bankman...
Tether Makes $1 Bln Swap To Support The USDT Peg, Here’s How
Tether announced on Thursday it will coordinate with a third party to perform a chain swap for raising more than 1 billion USDT while keeping the total supply the same. Tether plans to use Tron TRC20 ...
Here’s why the euro is approaching its 20-year low
The euro is plummeting. The EUR/USD pair crashed to a low of 1.0380, which is about 35% below the highest level since 2008. It has fallen by 16% from the highest point last year. Notably, the currency...
Dollar index breaks above 104: here’s what the charts are signaling
The US dollar’s bullish run continues as reflected by the dollar index (DXY) breaking above 104. The dollar’s surge is nothing short of impressive, considering its magnitude and the implications it ha...
Coinbase’s Services Halted by Indian Central Bank, Here’s Why
Arman Shirinyan One of the biggest trading platforms in the world is now having problems with one of the biggest crypto markets in the world According to a recent Bloomberg article, India’s cent...
Here’s why the British pound has plummeted
The British pound crashed to the lowest level since May 2020 as the latest UK GDP complicated the calculus for the Bank of England (BOE). The GBP/USD pair slipped to an intraday low of 1.2195 after th...
Algorithmic Stablecoin Like $UST Prone to Pose Great Risk! Here’s What Research Says
The UST dollar peg touched a low of $0.6 on May 10th. Shortly after the Luna Foundation Guards (LFG) finished building their $3 billion treasures last week, the stablecoin was challenged due to low li...
Tesla Stock Enters Into A Sharp Correction; Here’s How To Create A Bear Call Spread
Tesla (TSLA) has been declining since early April. Plus, the stock has slumped below the 21-, 50- and 200-day moving averages. Let’s look at how to set up a bearish option income trade, called a...
Here’s Where ETH, DOT, AVAX Price are Heading In The Coming Days – Coinpedia – Fintech & Cryptocurreny News Media
Today the global cryptocurrency market is on the verge to close on a bearish note as the wider market capitalization is trading at $1.39 trillion with a downfall of 4.83% in the last 24hrs. Amidst th...
Here’s What The Federal Government Could Still Do On Abortion Rights As Senate Vote Fails
Topline The Senate blocked the Women’s Health Protection Act (WHPA) from moving forward Wednesday, which would have enshrined abortion rights in federal law and blocked states from imposing restrictio...
Ethereum’s TVL takes a massive hit, but here’s a sign of hope
Ethereum [ETH] dropped by 18% in less than a week after bouncing off the $2,200 support level. This happened after BTC suffered another shock and dipped to $30,000. The entire crypto market has gone i...
Crypto Markets Could Rally Today On U.S. Inflation Data, Here’s Why
Crypto markets, which have been severely battered in recent weeks, could see a relief rally on Wednesday if U.S. inflation data is favorable. Total crypto market capitalization has sunk by nearly $500...
Godzilla And Kong Have Arrived In Warzone, Here’s Everything You Need To Know About The Operation Monarch LTM
Operation Monarch brings Godzilla and King Kong to Warzone’s Caldera island. Credit: Activision Operation Monarch kicks off today in Call Of Duty’s free-to-play battle royale game Warzone. The t...
Crypto Analyst Says Bitcoin (BTC) Bottom in Sight After Six Weeks in Red – Here’s His Target Price and Date
After six consecutive weeks in the red, a popular crypto strategist says that the end of Bitcoin’s (BTC) correction is finally on the horizon. Pseudonymous crypto analyst Kaleo tells his 486,100 Twitt...
Shiba Inu: Bearish lingo or bingo? Here’s what’s in store for SHIB holders
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Shiba Inu is ranked #15 on CoinMarketCap after taking a 25% hit to...
Attorney Says Possible ‘Game, Set and Match’ for Ripple and XRP Lawsuit – Here’s Why
A lawyer and crypto legal expert says that a breach of ethics could mark the end of the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs. Attorney John Deaton points to docu...
Morgan Stanley’s done better than most forecasting markets during this turbulent year. Here’s what it says is coming next.
Wall Street analysts are the types who get to the airport with hours to spare. Year-ahead previews come in before Thanksgiving, so it can’t be too huge a surprise that Morgan Stanley has released its ...
The Attacker of UST Stablecoin Made Rich Profits, Here’s How
Since the beginning of the week, Terra’s UST stablecoin has seen a major crash de-pegging from the USD. At the same time, Terra’s native cryptocurrency LUNA has corrected by over 80% in the last four ...
SOL-mates might consider not giving up because here’s what awaiting Solana
As with the rest of the market, Solana fell terribly on 9 May and ended up reaching the same all-time high it was at in May 2021. However, the various ecosystem developments around Solana are trying t...
Taking advantage of Coinbase stock dip? Here’s where you can buy the stock
After posting a loss amid a drop in its users, the largest US crypto exchange, Coinbase stock has shed over 41% over the past 5 days. To help stock traders eying the Coinbase stock, Invezz has created...