Elon Musk: US Economy Is Probably in Recession That Could Last 18 Months — Warns It ‘Will Get Worse’
18.5.2022
Tesla and Spacex CEO Elon Musk says that the U.S. economy is probably in a recession and it could be “tough going” for 12 to 18 months. He added: “The honest reason for inflation is that the government printed a zillion more money than it had.” Elon Musk on U.S....
Japanese City to Launch Metaverse Project with Entertainment Industry Behemoth
18.5.2022
Local Japanese government bodies are set to begin metaverse projects – and may make use of NFTs and avatars in a new virtual space.
The ball is beginning to roll in Yabu, a city in the nation’s Hyogo Prefecture, where local authorities have teamed up with Yoshimoto Kogyo, one of Japan’s biggest...
First Mover Asia: USDC Hasn’t ‘Flippened’ USDT, but Trader Preferences Are Changing; Cryptos Rise Despite Bearishness
18.5.2022
A Glassnode analyst suggests that the collapse of the UST token has triggered a change in investors' stablecoin preferences; cryptos tick higher in Tuesday trading
South Korea Launches ‘Emergency’ Investigation Into Collapse of LUNA and UST
18.5.2022
South Korea’s top financial regulators have launched an emergency investigation into the collapse of cryptocurrency LUNA and stablecoin UST. The authorities have asked domestic cryptocurrency exchanges to provide information relating to transactions and investors of the two coins. South...
Commissioner Kristin Johnson to sponsor CFTC Market Risk Advisory Committee
17.5.2022
The crypto hawk Biden appointee will sponsor a panel of 36 financial industry executives, thought leaders and other prominent figures
Bitcoin is discounted near its ‘realized’ price, but analysts say there’s room for deep downside
17.5.2022
On-chain data suggests Bitcoin price is discounted, but analysts caution against expecting a rapid recovery
Market Wrap: Cryptos and Stocks Mixed Amid Bearish Sentiment
17.5.2022
Bitcoin (BTC) is stabilizing around $30K while stock market volatility is fading. Altcoins were mixed, although recent underperformance could signal caution among some traders. Indicators show short-term BTC buying, albeit with limited upside
Study: Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate
17.5.2022
New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still holds the second position in terms of global hashrate. While China commands close to 22% of Bitcoin’s global hashrate, the United States currently dominates...
Bitcoin sube a $30K, con una resistencia en $35K
17.5.2022
BTC está en camino de registrar una señal de impulso positivo en el gráfico diario
Crypto users react to Terraform Labs legal team purportedly leaving company
17.5.2022
Many on social media called for legal action against Do Kwon, while others speculated the potential departure of the legal team could have been over concerns about money
Ledger Adding Browser Extension to Connect Hardware Wallets to Web 3 Apps
17.5.2022
Ledger Connect is launching in beta and will initially be compatible with the Ledger Nano X and Mobile Safari
Argentina presiona a mineros de criptomonedas en medio de una escasez energética
17.5.2022
Algunas compañías registradas vieron un incremento del 400% en sus tarifas eléctricas en marzo, mientras que los mineros ilegales no planean dejar de utilizar la energía subsidiada de sus hogares para realizar la actividad