In anticipation of tomorrow’s FOMC we take a look at the latest news we find today on the US Fed. Watcher.Guru with his dead-on timing tweeted: JUST IN: 🇺🇸 Dallas FED official says a recession is on ...
Tag: news
Cardano’s New Algorithmic Stablecoin DJED
Since the crash of the TerraUSD (UST) algorithmic stablecoin in May 2022, many users in the crypto ecosystem have acquired a weariness against that specific asset class. The market for algorithmic sta...
Greenidge Reduces Debt with NYDIG
The amount of debt that the cryptocurrency mining company Greenidge Generation Holdings owes to the investment management firm New York Digital Investment Group has been reduced by a sizeable amount t...
Tesla’s $140 Million Bitcoin Loss Shows the Risk of Crypto Holdings
The electric car maker Tesla announced on January 31 that it had incurred a gross impairment loss of $204 million for the year 2022 on its holdings of Bitcoin (BTC). This information was included in a...
Ethereum to Reach Peak of $2,474 Per Token in 2023, Finder’s Survey of Crypto and Fintech Experts Reveals – Markets and Prices Bitcoin News
Seven days ago, finder.com, a product comparison website, published a forecast report based on predictions from several crypto and fintech experts, predicting bitcoin’s year-end price for 2023. Follow...
Poundtoken and BitcoinPoint will make the country’s first 100% backed GBP stablecoin
Because to a cooperation between Poundtoken and BitcoinPoint, the first 100% backed GBP stablecoin in the nation, denoted by the symbol $GBPT, will be available to retail customers via a network of 18...
US senators write to Silvergate Capital for answers on FTX collapse
It has been reported that a number of senators from the United States have sent a letter to Silvergate Capital, which is the parent business of Silvergate Bank, in which they ask for explanations rega...
Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs – Bitcoin News
The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Secur...
Ethereum to Launch Zhejiang Public Withdrawal Testnet
The “Zhejiang” public withdrawal test net is scheduled to be live on February 1 at 15:00 UTC, as stated in a post authored by an Ethereum Foundation developer named Parithosh Jayanthi on J...
FTX Debtors Seek Dismissal of Turkish Entities in Chapter 11 Bankruptcy Proceedings – Bitcoin News
FTX debtors have filed a motion with the court requesting to dismiss its Turkish subsidiaries from the Chapter 11 bankruptcy proceedings. The defunct crypto exchange’s lawyers believe dismissing the e...
Secret Network Validator Smart Stake to Shut Down Nodes
One of the most important validators for the privacy smart contract layer-1 blockchain. The Secret Network has declared that it would no longer provide the network with nodes or assistance after makin...
DOGE Hits 8-Week High as Meme Coins Rally on Tuesday – Market Updates Bitcoin News
Dogecoin climbed to an eight-week high on Jan. 31, as prices broke out of a key resistance level on Tuesday. The meme coin surged ahead following the release of the latest consumer confidence report i...
Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital – Bitcoin News
On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential trans...
Dogecoin still reacts to news from Musk
It is not news that Dogecoin, the cryptocurrency whose logo graphically references an Internet meme representing a Shiba dog, reacts to news about Elon Musk. As is well known, the CEO of Tesla has al...
BTC, ETH Lower, Ahead of Key Week of US Economic Data – Market Updates Bitcoin News
Bitcoin fell below $23,000 on Jan. 31, following a recent move to a five-month high over the weekend. Market volatility has since increased, as traders prepare for a big few days of economic data from...
Panamanian Crypto Bill Might Get a Second Wind in the Highest Court of the Country – Regulation Bitcoin News
The fate of the Panamanian crypto bill project, which was approved by the Panamanian National Assembly last year, now depends on the decision of the supreme court of the country. The sanction of the p...
Dogecoin (DOGE) Rallies With News Of Twitter Payments Move
Dogecoin (DOGE) Twitter: Dogecoin (DOGE) price saw an instant rise with the news of Twitter’s apparent move to introduce payments. Latest reports suggest Twitter began applying for regulatory licenses...
Meet Ordinals, the New Bitcoin NFT Engine, and the Drama Surrounding Them – Featured Bitcoin News
Ordinals, a new way of using and getting content using Bitcoin, are enabling creators to harness the utility of NFTs (non-fungible tokens) directly from the blockchain, essentially creating native Bit...
Big News: Dogecoin To Hit $3 In February If This Happens!
In January, the Dogecoin price saw substantial price increases. However, these gains were not as substantial as those of other cryptocurrencies, which seems strange for the meme coin. But that doesn’t...
Russians Offered Ready-made Crypto Exchange Accounts Amid Restrictions – Exchanges Bitcoin News
Russian crypto traders have been looking to obtain unrestricted accounts for global exchanges as their access to such platforms is limited. Over the past year, the offering of such accounts on the dar...
BABA Stock, JD Tumble On News Of Strategic Moves
Two China-based stocks — Alibaba (BABA) and JD.com (JD) — tumbled Monday as reports said the two planned strategic moves that investors apparently rejected. Despite the fall, BABA stock stayed above i...
Korean Government to Adopt Cryptocurrency Tracking System Within 5 Months – Regulation Bitcoin News
The South Korean government will adopt a cryptocurrency tracking system within the first half of this year, the country’s Ministry of Justice reportedly announced. The tracking system will be used to ...
Arbitrum-Based Vest Exchange Emerges, Aims to Democratize Perpetual Futures – Defi Bitcoin News
A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual ...
3 High-Yield Dividend Tech Stocks for Income Investors
The technology sector had a very rough 2022, with the Nasdaq 100 (QQQ) down by about 33% and Cathie Wood’s Ark Invest Innovation ETF (ARKK) down by a whopping 67%. As a result of the selloff, th...
With Lucid Motors Buyout Talk, Here’s What the Charts Indicate
Shares of Lucid Motors (LCID) soared sharply on Friday on rumors that Saudi Arabia’s Public Investment Fund is considering buying a remaining stake in the luxury electric vehicle startup. Let&#...
That SoFi Technologies Improved So Quickly Is No Surprise: Here’s What I’d Do
Most investors and followers of financial media know of SoFi Technologies (SOFI) CEO Anthony Noto. Noto has been around the block a couple of times. Many have followed his career from Goldman Sachs (G...
Elon Musk’s Payments Vision for Twitter Takes Shape, Small Team Tasked to Build Infrastructure – Bitcoin News
Seven months ago, current Twitter owner Elon Musk said, prior to acquiring the social media giant, he would integrate cryptocurrency payments. According to sources, a team is working on the infrastruc...
Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’ – Market Updates Bitcoin News
Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar...
Unbanked and Mastercard Team Up to Accelerate Crypto Card Adoption Within Web3 Organizations in Europe – Press release Bitcoin News
press release PRESS RELEASE. Today it was announced that Unbanked, the leading provider of white-label crypto card issuance and program management service for Web3 companies has partnered with Masterc...
MATIC Retreats From 12-Week High on Monday – Market Updates Bitcoin News
Polygon retreated from a multi-month high to start the week, as traders moved in to secure recent gains. Chainlink also moved lower, as prices were unable to break out of a key resistance level. Marke...