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BRICS to Strengthen Economic Cooperation — Sherpa Calls for Increased Trade in National Currencies

18.5.2023
South Africa’s BRICS Sherpa says one of the priorities at the upcoming BRICS summit is “to strengthen economic cooperation.” He added: “We need a stable global financial architecture, a global financial arena. That is why we say that we need to trade in our own currencies.” He also believes that...

South Korean Lawmakers ‘Must Declare’ Crypto Holdings – ‘Coin Gate’ Fallout Continues

18.5.2023
South Korean lawmakers will likely be “obliged” to declare their crypto holdings following a national outcry over alleged “insider trading.” The National Assembly’s Political Affairs Committee has co-created a resolution that would create a “voluntary” system whereby they are requested to report...

First Mover Asia: Biden’s Tough Talk, Tether’s Bitcoin Bet Not Moving Crypto

18.5.2023
PLUS: We really need to see the Hinman emails

146 Top Executives Urge Biden to Prevent US Default — Warns of ‘Disastrous Consequences’

18.5.2023
Top executives from 146 major companies in the U.S. — including Morgan Stanley, Goldman Sachs, Nasdaq, and Pfizer — have urged President Joe Biden and congressional leaders to act swiftly to prevent the U.S. from defaulting on its debt, which could occur as early as June 1. They warned...

Best Crypto to Buy Now 17 May – Conflux, Render, Litecoin

18.5.2023
Tether, the largest stablecoin issuer and one of the most controversial companies in crypto, announced a new investment strategy today: the company will allocate up to 15% of its reserves to buy and hold Bitcoin. The strategy moves away from Tether's long-held conservative investment approach...

SEC warns Filecoin 'meets definition of a security' — Grayscale

18.5.2023
The regulator has asked Grayscale to withdraw its application for a Filecoin Trust product, saying its underlying asset "meets the definition of a security."

Crypto Perpetuals Exchange DYdX Considering the Launch of More SubDAOs

18.5.2023
The conversation was initiated to promote more decentralization within the dYdX ecosystem ahead of its v4 upgrade

This Metric of Bitcoin (BTC) Price Momentum Just Fell to its Lowest Since March – Is Now a Good Time to Buy?

17.5.2023
A key metric that measures momentum in the Bitcoin price just fell to its weakest level since March. Last week, Bitcoin’s Z-score to its 200-Day Moving Average fell under 1.0, where it has remained more or less ever since. That means that the current Bitcoin price is only just under one standard...

Axie Infinity Origins Breaks Through Apple’s App Store Barrier, Now Accessible to Select iOS Users

17.5.2023
Axie Infinity Origins, the blockchain-based, play-to-earn (P2E) game, has successfully cleared Apple’s rigorous App Store review process and the game’s app is now available for Apple iOS users. Sky Mavis, the creator behind Axie Infinity, has adopted a strategic approach by rolling out...