Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter to ...
Tag: news
dYdX Taps ConsenSys’ Charles d’Haussy as CEO of its Foundation
dydx, one of the most prominent and powerful Decentralized Exchanges (DEX) in the crypto ecosystem, has announced the appointment of Charles d’Haussy, a crypto leader from ConsenSys, to serve as...
Billionaire Paul Tudor Jones Expects Bitcoin Price to Be ‘Much Higher’ Than Today – Markets and Prices Bitcoin News
Billionaire hedge fund manager Paul Tudor Jones says cryptocurrencies, specifically bitcoin and ethereum, will be “at a value much higher than where we are today.” Confirming that he still owns bitcoi...
Coinbase Enters Singapore after Gaining Licence
Coinbase has entered the Singaporean market as it has gained approval from the central bank to offer its crypto services in the city-state. The largest crypto exchange in the United States has gained ...
OECD Presents New Transparency Framework for Crypto-Assets to G20
The Organization for Economic Co-operation and Development (OECD) – an intergovernmental organization with 38 countries, established to promote economic progress and world trade – has released its new...
Bitcoin Mining Difficulty Spikes 13.55%, Reaches New ATH of 35.6 Trillion Hashes
According to the latest data collected from BTC.com, Bitcoin mining difficulty has increased by 13.55% since the last adjustment around two weeks ago. The current difficulty adjustment now takes 35.6...
Former Fed Chair Ben Bernanke Wins Nobel Prize in Economics ‘for Research on Banks and Financial Crises’ – Economics Bitcoin News
Former Federal Reserve Chairman Ben Bernanke has been awarded a Nobel Prize in Economics. The Nobel Prize committee believes that he “significantly improved our understanding of the role of banks in t...
JPMorgan CEO Jamie Dimon Warns Recession Could Hit in 6 Months, Stock Market Could Drop 20% More — ‘This Is Serious Stuff’ – Economics Bitcoin News
The CEO of global investment bank JPMorgan, Jamie Dimon, has warned that the U.S. economy could tip into recession in six to nine months. “This is serious stuff,” the executive stressed, adding that t...
Canada’s Tiff Macklem Insists ‘Rate Increases Are Warranted,’ Canadian Columnist Says Central Bank’s Governor ‘Needs to Go’ – Economics Bitcoin News
Canadians have been dealing with rising inflation and the Bank of Canada raising the benchmark interest rate following more than two years of monetary easing tactics. On Sunday, Canadian central bank ...
Bitcoin Price Outlook for October — Strong Dollar and Fed Rate Hike Gives Bears the Advantage – Market Updates Bitcoin News
Ten days into October, and ahead of this Wednesday’s U.S. inflation report, bitcoin prices fell to a one-week low. Prices of the world’s leading crypto asset were mostly in the red during September, t...
Venom Foundation Is Boosting MENA Crypto Adoption – Sponsored Bitcoin News
sponsored Today’s entrepreneurs in the MENA area are regarded as the forerunners in adopting global crypto trends; thus, enterprises must explore decentralization for commercial, governmental, and soc...
Ford vs. GM: I’m Only Trading One
Analyst Patrick Hummel of UBS downgraded both Ford Motor (F) and General Motors (GM) on Monday morning, primarily citing demand destruction in a coming recessionary environment as a downside catalyst....
Bank of England to Double Long-Dated Gilt Buy-Backs, QE Policy to See an ‘Orderly End’ in Mid-October – Economics Bitcoin News
After the British pound sterling tapped an all-time low against the U.S. dollar on September 26, the Bank of England (BOE) said it would halt its monetary tightening policy and start buying long-dated...
TRX Hits 4-Week High, MKR Remains Close to 2-Month Peak – Market Updates Bitcoin News
Tron rose to a one-month high in today’s session, hitting a key resistance point in the process. The surge in price comes despite cryptocurrency markets trading mostly lower on Monday. Another excepti...
Bitcoin Mining Difficulty Surges to an All-Time High, Network Prints 2022’s Largest Retarget Increase – Mining Bitcoin News
Bitcoin’s mining difficulty reached an all-time high on October 10, which means it’s more difficult than ever before to mine the leading crypto asset. Following the difficulty reduction on September 2...
BTC, ETH Fall to 1-Week Lows, as Markets Prepare for Big Week of Data – Market Updates Bitcoin News
Bitcoin was trading near a key support point on Monday as markets prepared for a big week of economic data. The headline release will be Wednesday’s U.S. inflation report, which is forecasted to come ...
Binance CEO Changpeng Zhao Believes Decentralization Is Part of a ‘Gradient Scale’ – Bitcoin News
Changpeng Zhao, founder and CEO of Binance, the biggest cryptocurrency exchange by volumes traded, pondered the importance of decentralization and the relation it has with security and freedom. Zhao s...
The Dacxi Chain Unveiled as the World’s First Global Equity Crowdfunding Network – Press release Bitcoin News
press release PRESS RELEASE. The world’s first blockchain-based global equity crowdfunding network – the Dacxi Chain – has been unveiled. The Dacxi Chain is a unique global ecosystem that creates digi...
Weekend dedicated to fake news on PayPal
On Saturday, news spread predominantly on Twitter that PayPal’s new policy would authorize them to withdraw $2,500 directly from their users’ accounts if they promoted “misinformation.” BREAKING: PayP...
Russian Companies Are Using Crypto in Trade Despite Lack of Regulation, Officials Admit – Bitcoin News
With limited access to global finances, Russian businesses have begun settling in cryptocurrency with their partners abroad. Although these are still small-scale payments, government officials have no...
Trend-Following in Bear and Bull Markets: There’s a Big Difference
One of the most effective trading strategies in a bull market is trend-following. Trend-following is a method used to catch sustained movement in a stock. It is focused on catching the “meat of ...
Blockwater Technologies Defaults Loan from TrueFi
Decentralized lending protocol TrueFi announced that Blockwater Technologies has defaulted on a loan, which is another example of the crypto industry’s insolvency crisis. The protocol issued a &...
Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions – Bitcoin News
Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provis...
TRON’s Founder Justin Sun Could be Real Acquirer of Huobi Global: Sources
Justin Sun, founder of Tron, could be the real buyer behind the deal for the acquisition of Huobi Global, according to sources with the matter. The information was first disclosed by a Chinese online ...
Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi – Bitcoin News
Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-base...
DeFi Startup Arch Secures $5m from Seed Round, to Achieve ‘BlackRock of Web3’
Arch Finance, a decentralized finance (DeFi) startup, has acquired $5 million in funding from a seed round to make an effort to accomplish its goal of becoming the “BlackRock of web3.” As ...
DeFi Startup Arch Secures $5m from Seed Round to Become ‘BlackRock of Web3’
Arch Finance, a decentralized finance (DeFi) startup, has acquired $5 million in funding from a seed round to make an effort to accomplish its goal of becoming the “BlackRock of web3.” As ...
Iranian Bitcoin Advocate Arrested by Local Security Forces
Ziya Sadr, an Iranian Bitcoin advocate, has been arrested by Iranian security forces. Multiple sources disclosed the matter, which was reported on Sunday. According to sources, the arrest occurred on ...