Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’
6.5.2022
Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot to say since the U.S. central bank raised the benchmark rate by half a percentage point. Schiff further believes we are in a recession and says “it will be much worse than the Great Recession...
Bitcoin Breaking Down, Support at $30K
6.5.2022
Bitcoin (BTC) is breaking down after failing to hold $40K over the past few months. A weekly close below $34,246 could yield further downside targets
90% of surveyed central banks are exploring CBDCs — BIS
6.5.2022
“Globally, more than two-thirds of central banks consider that they are likely to or might possibly issue a retail CBDC in either the short- or medium-term,” said the BIS
'Regulations are in place to help crypto businesses understand operations,' says The Bahamas PM Philip Davis
6.5.2022
The Bahamas Prime Minister Philip Davis shared his plans to welcome crypto businesses to the region during SALT’s Crypto Bahamas
Klein Finance Announced the Completion of a Funding Round With Participation From KCC Chain and KuCoin-Ventures
6.5.2022
PRESS RELEASE. Klein Finance, a stablecoin liquidity provider and exchange platform built on KCC (Kucoin Community Chain), announced the opening of its funding program. It has already received a multi-million dollars investment from KuCoin Ventures and KCC chain. Klein Finance is an efficient...
‘Consistently Strong’ Institutional Crypto Demand Stayed Despite Price Slump – WisdomTree
6.5.2022
Demand for WisdomTree's crypto-backed funds has stayed “consistently strong” through the price slump this year, with professional money managers in Europe among the key players allocating to the space, this asset management firm and exchange-traded fund (ETF) provider has said.
Will Peck, Head...
Will Polkadot (DOT) price reverse course now that cross-chain messaging is live?
6.5.2022
DOT price could find reason to rally now that cross-chain messaging on Polkadot brings new interoperability, liquid staking and options to mint aUSD stablecoin
Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
6.5.2022
While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback has seen five weeks of consecutive gains following the Federal Reserve’s 50 basis point...
Grayscale’s GBTC and ETHE products now available on Robinhood
6.5.2022
The discount brokerage has seen a steep decline in crypto-related revenue over the past 12 months as retail traders exited the market
Controlling 17% of BTC hash rate: Report on publicly listed mining firms
6.5.2022
Mining firm Core Scientific’s hash rate leads all public companies with 8.3 EH/s, and it mined 5,769 BTC in 2021
SEC vs. NVIDIA, Sanctioned Bitcoin Mixer, Bluesky Code, VCs Target NFTs + More News
6.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: SEC vs. NVIDIA, Sanctioned Bitcoin Mixer, Bluesky Code, VCs Target NFTs + More News
Nvidia to pay $5.5M as part of SEC case concerning 'inadequate disclosures' around crypto mining
6.5.2022
"All issuers, including those that pursue opportunities involving emerging technology, must ensure that their disclosures are timely, complete, and accurate," said Kristina Littman