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From Dismissal to Embrace: Wall Street Heavyweights Pivot Towards Crypto
10.7.2023
The crypto industry is starting to turn even the biggest players on Wall Street to its side, with BlackRock being one of the biggest examples.
The company’s founder and CEO, Larry Fink, was recorded saying that Bitcoin is “an index of money laundering” back in 2017.
Six years later, in 2023...
Fed rate pause triggers traders’ pivot to stocks — Will Bitcoin catch up?
19.6.2023
U.S. stock markets hit year-to-date highs, the Fed pauses rate hikes, Binance.US and the SEC reach an agreement, but data shows Bitcoin bulls remain somewhat skittish
Sony Announces Plans to Back Web3, NFT Startups – Japan Set for Metaverse Pivot?
30.5.2023
The Japanese business behemoth Sony is set to invest in Web3, NFT, and metaverse firms via an incubator program.
Per Japan’s Bit Times, Sony has teamed up with Astar, a Japanese smart contract platform and blockchain developer, for the initiative.
The Web3 firm Startale Labs – a frequent Astar...
PS5's Prestige Pivot Makes The Innovative Games Stand Out
25.5.2023
While Sony’s shuttering of Concrete Genie developer PixelOpus earlier in May wasn’t making headlines the way yesterday’s PlayStation Showcase announcement of the Metal Gear Solid 3 remake did, it still hangs over the PlayStation brand like a dark cloud, even when Sony’s showing an hour’s worth...
Bitcoin, Ethereum Technical Analysis: BTC, ETH 2% Lower, Ahead of FOMC Minutes
24.5.2023
Bitcoin was once again trading below a key resistance level of $27,000 on Wednesday, ahead of today’s U.S. Federal Open Market Committee (FOMC) minutes report. Markets are expecting that the minutes will show the Federal Reserve’s timeline towards a policy pivot. Ethereum was 2% lower...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Saturday, Despite Optimism Fed Could Soon Pivot
20.5.2023
Bitcoin started the weekend in consolidation, as markets remained nervous despite somewhat dovish comments from U.S. Fed Chair Jerome Powell. Speaking on Friday, Powell stated that rates may not be increased by as much as initially expected. Ethereum rose marginally higher today. Bitcoin Bitcoin...
New Chinese Blockchain Pivot as Beijing Vows to Train 500,000 ‘Experts’
17.5.2023
China is gearing up for another blockchain technology push after promising to train half a million new “experts” to work in the sector.
Blockchain was earmarked as a growth sector by Chinese President Xi Jinping in 2018.
In the years that followed, blockchain salaries ballooned in the nation....
‘Is that legal?’ — Elon Musk chides OpenAI's for-profit pivot after $50M investment
17.5.2023
OpenAI was originally formed as a non-profit entity to ensure it was free to achieve its stated goal, it formed a for-profit company back in 2019
PlayStation Shuts Down Concrete Genie Dev Amidst Continued Pivot To Prestige
5.5.2023
Sony has quietly closed down PixelOpus, one of its first-party PlayStation Studios. Based in San Mateo, California, the studio was responsible for 2014’s Entwined and 2019’s Concrete Genie.Read more
Bitcoin Price Outlook for April: BTC Hits $31,000, What Next?
14.4.2023
At the halfway point of April, bitcoin has risen beyond the $31,000 point for the first time in ten months. This rise in bullish sentiment comes as global inflation continues to fall, with many expecting central banks to soon pivot from current policies of monetary tightening. Current Market Status...
DeFi Protocol Balancer Experiences Budget Cuts, Headcount Slashes Ahead of Strategy Pivot
14.4.2023
The protocol’s service providers have let go of two front-end engineers as they focus on overhauling the platform’s brand
Potential Fed pivot has crypto and macro analysts ultra-bullish on Bitcoin’s price prospects
3.4.2023
Fidelity’s head of macro suggests that the end of the Fed’s quantitative tightening policy could be bullish for Bitcoin and gold
Final Fantasy XVI Previews Reveal Series’ Pivot Toward All-Out Action
28.2.2023
We’re roughly four months out from Final Fantasy XVI’s release, and the press recently got to preview the next entry in the legendary JRPG series. Writers in attendance were impressed by the grandiose, cinematic real-time battles that some likened to God of War. They praised the series’ departure...
Commodity Strategist Mike McGlone Predicts a Recession as Top Catalyst for Gold’s Rise Above $2,000
24.2.2023
This week, Bloomberg Intelligence Senior Macro Strategist Mike McGlone shared his March outlook and noted that the “top catalyst” that could push gold above the $2,000-per-ounce range is a recession. McGlone further explained in an update about bitcoin and the Nasdaq that a...
Ark Invest CEO eyes crypto turnaround amid whiffs of a Fed pivot
24.1.2023
The crypto and innovative tech investment firm is confident that inflation will fall and the Fed will pivot in 2023
Morgan Stanley CEO Says Inflation Has Peaked and China Has Made a Major Pivot
22.1.2023
Morgan Stanley CEO James Gorman says two changes have happened recently that “really matter” to the economy. The executive explained that inflation has clearly peaked and China has made a “major, major pivot” economically. Morgan Stanley’s CEO on U.S. Economy...
Bitcoin Suisse explains why Swiss is a crypto pivot point: Davos 2023
19.1.2023
Bitcoin Suisse CEO emphasizes importance of "Swiss quality" and "safe custody for crypto industry."
Jeff Booth Warns of Debt Deflation If Federal Reserve Keeps Hiking Interest Rates
16.1.2023
The author of “The Price of Tomorrow,” Jeff Booth, has warned about debt deflation, calling it a “great depression on steroids,” if the Federal Reserve continues to hike interest rates. He believes that eventually the Fed “will be forced to pivot.” Jeff Booth...
Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal
8.1.2023
Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% against the greenback since Nov. 3, 2022. According to the head of metals strategy...
Bitcoin, Ethereum Technical Analysis: ETH Hits 3-Week High Ahead of FOMC Minutes
4.1.2023
Ethereum rose to a three-week high on Jan. 4, as markets prepared for the release of the latest Federal Open Market Committee (FOMC) minutes. Wednesday’s report will likely show the U.S. Federal Reserve’s view on the economy, and further detail its reasoning behind a policy pivot....