Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show the country’s inflation rate topped 85.5% year-on-year. The inflation rate in Turkey has rise...
Tag: news
President Biden Claims that Musk Purchased a Platform that Promotes Hate Speech
United States President Joe Biden has slammed Elon Musk’s purchase of Twitter Inc claiming the social media site was a culprit in spreading false information across the globe. President Biden m...
Litecoin’s mining difficulty may be the bearer of good news for LTC investors
Litecoin’s [LTC] mining difficulty reached a new high. The mining difficulty peaked at just below 18 million hashes, as per a Litecoin Foundation post published on CoinMarketCap on 4 November. Miners ...
Web3 Foundation Claims DOT is a Piece of Software and Not a Security
Web3 Foundation, a non-governmental organization headquartered in Zug, Switzerland has released an announcement that they have come to the realization that Polkadot’s native token (DOT) is only softwa...
3 Small-Cap Stocks That Pay Solid Dividends to Shareholders
Investors are facing several macro issues in the current environment. Inflation remains stubbornly high, tight energy supply and demand conditions have made energy very expensive, the war between Russ...
OCC Issues Update to Organize a Virtual Innovation Office Hours
The Office of the Comptroller of Currency (OCC) in Washington, DC has released an update on how the Fintech solution week will be organized by its representatives. According to a newsroom update held ...
New Digital Collectible Collections Art Gobblers and Keepers Propel NFT Sales 56% Higher This Week – Markets and Prices Bitcoin News
Non-fungible token (NFT) sales increased a great deal during the last seven days as NFT sales jumped 56.73% higher than sales recorded the week prior. Over the last seven days, out of 889,499 NFT tran...
Binance Has Enabled Iranians Transact $8 Billion Despite Sanctions
Since 2018, crypto exchange Binance has carried out Iranian transactions worth $8 billion despite being slapped with U.S. sanctions, according to Reuters. Reportedly, approximately $7.8 billion has f...
Dogecoin Jumps 116% Higher in 2 Weeks, King of Meme Coins Outperforms Leading Crypto Assets – Markets and Prices Bitcoin News
Dogecoin, the king of meme coins, has been one of the best performing crypto assets during the last 30 days and ever since Elon Musk took over Twitter. Statistics show that dogecoin has risen 116.3% a...
UK Parliament Committee Set Out Inquiry Into Risks and Benefits of NFTs
A group in the UK’s House of Commons is now planning to launch an inquiry into the operation, risks, and benefits of NFTs and the blockchain at large, as well as to see how the industry could im...
HSBC to Issue Digital Bonds to Institutional Investors through Tokenization Platform
Multinational banking giant HSBC has revealed plans to issue digital bonds to corporates and financial institutions through its new proprietary tokenization platform called HSBC Orion. By harnessing t...
Silver Rallies 7% Rising Past $20 per Ounce, US Mint Says Fabricators Are ‘Struggling to Keep up With Demand’ – Economics Bitcoin News
On Friday, as the global cryptocurrency market cap jumped 5.4% higher against the greenback, U.S. stocks rallied toward the end of the day with the top four major stock indexes gathering gains. Precio...
Fintech Uala Rolls Out Crypto Trading in Argentina
Uala, a fintech company based in Argentina, on Friday launched Bitcoin and Ether trading for its customers in the country. Andres Rodriguez Ledermann, the Vice President of Wealth Management at Uala, ...
Elon Musk News Live Updates: Dormant Dogecoin Wallet Activated
(Elon Musk News Live Updates): Elon Musk, the world’s richest person recently took over Twitter after facing and responding to many different allegations in the $44 billion deal. However, Musk is on a...
Chainlink Announces Major News as Community Awaits LINK Staking
Gamza Khanzadaev As LINK community awaits staking, Chainlink makes important announcement While the LINK community is waiting en masse for native token staking, Chainlink is making another major annou...
Blockchain Video Game Firm Mythical Games Lays Off 10% Of Workforce
Web3 game developer Mythical Games, which recently raised more than $270 million in venture capital has laid off its headcount by 10% as startups attempt to navigate a tough business environment and r...
Seoul Prosecutors Reveal Terra’s Do Kwon is Hiding in Europe
The exact location of Do Kwon, the founder, and CEO of the failed stablecoin company Terraform Labs, currently remains a mystery. However, South Korean prosecutors have identified that the wanted cryp...
Microsoft Backs Wemade’s Blockchain Push in $46 Million Investment Round – Blockchain Bitcoin News
Software giant Microsoft has made a $14.8 million investment in Wemade, a Korea-based blockchain gaming services company that has recently launched its own stablecoin, named Wemix. The company was par...
Litecoin Price Prediction – Why MoneyGram News Can Pump Price 10X
Join Our Telegram channel to stay up to date on breaking news coverage Litecoin, one of the most popular cryptocurrencies in the market, is currently in the news due to its integration with MoneyGram....
IRS is Developing ‘Hundreds’ of Crypto Cases Amid Upcoming Tax Season
According to a report from Bloomberg Law, Division Chief Jim said the United States Internal Revenue Service (IRS) criminal investigation division is developing hundreds of cases involving crypto, and...
1 USD Before Year End – Economics Bitcoin News
The Nigerian currency appeared to accelerate its decline versus the U.S. dollar after it slipped to a new low of 900 naira for every dollar. The currency has continued to depreciate even after the Eco...
Foundry Academy Launches Training Program to Produce Top Technicians for BTC Mining Industry – Mining Bitcoin News
Foundry Digital, a digital asset mining and a staking-focused subsidiary of Digital Asset Group, has announced the launch of a new bitcoin mining hardware training program. The training course, which ...
Over 30,000 Nigerians to Learn About Blockchain From Government Agency – Blockchain Bitcoin News
Nigeria’s National Information Technology Development Agency recently said it has launched a blockchain training program and over 30,000 people are set to participate. The objective of the training co...
7 Startups Join Mastercard Program to Make Cryptocurrency More Accessible – Featured Bitcoin News
Payments giant Mastercard has added seven startups to its Start Path program to make cryptocurrencies more accessible. “We’re welcoming a new cohort of startups to ease access to digital assets, build...
Fidelity Investments Launching Commission-Free Retail Crypto Trading for Bitcoin and Ether – Exchanges Bitcoin News
Fidelity Investments, one of the world’s largest brokerage firms with $9.9 trillion in assets under administration, is launching Fidelity Crypto, a service that allows retail investors to trade bitcoi...
White House Is Not Preparing for Recession — Chief of Staff Says US Economy Is Strong – Economics Bitcoin News
White House Chief of Staff Ron Klain says that the U.S. is not in a recession. “The economy is growing. It is strong,” he stressed. In addition, White House Press Secretary Karine Jean-Pierre said the...
MEXC and Coinbase Reach Partnership to Jointly Fulfil the Privacy and Security Obligations of Cryptocurrency Under the TRUST Framework – Press release Bitcoin News
press release PRESS RELEASE. On October 31st, the cryptocurrency trading platform MEXC announced that it had reached a cooperation with Coinbase to jointly fulfil the privacy and security obligations ...
Tim Draper Extends BTC Price Prediction by 6 Months — ‘By Mid-2023, I’m Expecting to See Bitcoin Hit $250K’ – Bitcoin News
The American venture capitalist and founder of Draper Fisher Jurvetson (DFJ), Tim Draper, is still confident in his bitcoin prediction that says the crypto asset will tap $250K per unit. Draper said i...
Here’s the Inevitable Outcome From the Fed’s Monetary Tightening
On Wednesday the Federal Reserve hiked the Fed Funds rate by another 75bps. Stocks initially rallied as the statement that accompanied the announcement was interpreted to be ‘dovish’. Howe...
Formula One Team Haas F1 to Mint Branded NFTs With Opensea – Bitcoin News
U.S.-licensed Formula One constructor Haas F1 Team has announced a collaboration with non-fungible token (NFT) marketplace Opensea. As part of the agreement, a collection of NFTs will be produced for ...