Prominent crypto voice on Twitter, @0xfoobar, revealed that several FTX users have been buying non-fungible tokens (NFTs). These users have been purchasing NFTs from Bahamian holders to rescue themsel...
Tag: Means
Ethereum: Investors, their steady support post-Merge, and what it means for ETH
A new survey suggested most most addresses plan to hold on to their ETH reserves despite post-Merge FUD Large investors start showing interest in Ethereum as well Network growth and velocity decline ...
Digital Banking and What It Means for Cryptocurrency
The main idea with digital banking was to provide customers with a way to access and manage their bank accounts and finances through the internet. And it is indeed great to not have to go to the neare...
Election Day Is Here. Here’s What It Means for Crypto
Key Takeaways U.S. midterm elections are happening today, and the results will be hugely important to crypto. While a Republican win is generally thought to be more favorable to the space, crypto enth...
What It Means When Gap Quits China And The Market Just Shrugs
GAP Flagship Store in Shanghai, China. getty In the mergers and acquisitions business, there are questions that buyers ask about companies that go in and out of fashion. Until a few years ago, the mos...
Record Share Of Homes For Sale Are New Construction—Here’s What That Means For Buyers
Topline The share of new homes on the market surged to record levels last quarter as mortgage rates jumped to a 22-year high, according to real estate brokerage Redfin, forcing builders to offload hom...
Russia’s Central Bank promotes crypto as means of internationalizing embattled economy
The Central Bank of Russia is working on integrating crypto assets into the local financial system. The CBR released a report on digital assets, focusing on integrating them into financial systems. Ma...
What a long-term weak pound means for the U.K. economy
A British one pound coin sits in this arranged photograph in London, U.K. Bloomberg | Bloomberg | Getty Images LONDON — The British pound‘s exchange rate against the U.S. dollar has been on a ro...
Ripple CTO Explains What Recent Securities Fraud Case Means for Crypto
Alex Dovbnya MoviePass executives are facing criminal charges after misrepresenting its business model In a recent tweet, Ripple CTO David Schwartz says that U.S. prosecutors bringing federal charges ...
Goldman Sachs New Crypto Classification System: What It Means
American multinational investment bank and finance giant Goldman Sachs said it will soon launch a crypto classification system, Datanomy. The big bank said Datanomy is a tool that classifies coins and...
What The Fed’s November Rate Hike Means For Investors
Getty Images Key takeaways The U.S. central bank is preparing to release November’s Fed rate hike decision by Wednesday Investors and economists widely expect the Fed to hike interest rates by 0.75% i...
Ripple gets new allies- Decoding what this update means for XRP
As fresh information about the case comes in, the Ripple v. SEC case just continues to grow more intriguing. After much opposition, it was disclosed last week that the SEC had finally conceded to the ...
What Rishi Sunak as PM means for the UK crypto industry
U.K. Prime Minister Rishi Sunak at 10 Downing Street. Dan Kitwood | Getty Images U.K. cryptocurrency firms and investors have high hopes that new prime minister Rishi Sunak could turn around Britain&#...
Fed Could Hike Interest Rates By 75 BPS, Here’s What It Means For Bitcoin
The FOMC meeting is currently looming above the financial markets, including bitcoin, given that it is just a few days away. Previous interest rate hike trends and the fact that inflation remains a pr...
What the New Twitter Verification Process Means for Web3
Since taking over Twitter, Elon Musk has been busy. His first order of business: firing several top executives, plus axing Twitter’s entire board. Musk’s next step, he tweeted, is “revamping” the ve...
What an inverted yield curve means for the economy
Catherine Yeulet | Getty Images What the inverted yield curve means Generally, longer-term bonds pay more than bonds with shorter maturities. Since longer-maturity bonds are more vulnerable to price c...
What a ‘mysterious disappearance’ insurance clause means
Lauren Bates | Moment | Getty Images If history is a guide, insurance claims for unexplained disappearances will jump this Halloween. Renters and homeowners insurance claims related to a “myster...
What it Means for Crypto? – crypto.news
After narrowly beating his right-wing opponent, incumbent Jair Bolsonaro, in a hotly contested run-off election, Luiz Inácio Lula da Silva is expected to become the next president of Brazil. The Marxi...
Bitcoin Whales Still Skeptical: What it Means for BTC Price
Bitcoin whales have maintained an eerily calm stance throughout last year after Bitcoin price made its $69,000 all-time high. Bitcoin (BTC) price, after making a 6-week high of $21,085, has retr...
Consumer Prices Rose Even Faster Last Month—Here’s What That Means For The Next Interest Rate Hikes
Topline A key inflation reading on Friday showed the prices consumers are paying for goods and services rose more quickly in September than one month prior—effectively bolstering the Federal Reserve&#...
Medtronic Is Doing a Spinoff. What It Means for Our Stock Pick.
Medical device maker Medtronic is spinning off two business units to try to drive higher growth. The market isn’t impressed. In theory, it should be. Spinoffs are supposed to streamline operations of...
Ripple Lawyer Says XRP Lawsuit Will Set Precedents for Entire Crypto Industry – Here’s What She Means
Ripple’s vice president of litigation thinks the outcome of the U.S. Securities and Exchange Commission’s (SEC) lawsuit against the San Francisco-based payments firm will have a huge impact on the cry...
Bitcoin whales’ on-chain activity diminishes; What it means for BTC?
Amid the extended crypto bear market, monitoring the whale activity of assets like Bitcoin (BTC) has become a crucial metric to track for hints on the next possible price action. In this line, Bitcoi...
Crypto Means Absolutely Nothing Without Censorship Resistance
Censorship resistance is fundamental to any functioning cryptocurrency or blockchain project. It’s been a pillar of crypto from the start, one of the biggest reasons the whole movement got started. Wh...
What DRESSX’s Partnership With Ready Player Me Means For Digital Fashion
A rendering of DRESSX’s collaboration with Ready Player Me. DRESSX World’s largest retailer of digital fashion DRESSX has partnered with leading cross game and cross metaverse avatar platform Re...
What Solana Spaces Means For The Future Of Crypto-Based Retail
The Solana Embassy in Miami’s Wynwood. Dan Powell Yesterday, a new retail experience launched in the heart of Miami’s Wynwood district. Surrounded by digital brands like Warby Parker and M...