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Nigerian Currency Plunges After Central Bank Rate Hike
26.9.2024
The Nigerian Naira weakened significantly against the U.S. dollar following the Central Bank of Nigeria’s (CBN) decision to hike interest rates for the fifth time this year. The naira dropped to NGN1,658 per dollar on the official foreign exchange market after the CBN increased the benchmark...
Bitcoin Nears $64K as BTC Futures Attract Billions; BoJ's Hike Pause Bumps Risk Assets
20.9.2024
The Bank of Japan won’t rush to repeat hikes of the yen, which triggered a market meltdown in July
Closure of Bitcoin Mining Center Causes Spike in Power Bills for Citizens in Norwegian Municipality
15.9.2024
The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability to allocate the energy used by the operation to other purposes. While citizens and Hadsel’s mayor celebrated this development because of the noise...
Four Years In, Sony Is Making PS5 Controllers More Expensive
9.9.2024
One of the pricier video game controllers on the market just got even more expensive. Sony has stealthily raised the price of the PlayStation 5 DualSense, the latest example of how it keeps getting more expensive to upgrade this console generation ahead of what many are expecting to be a PS5...
Bitcoin falls alongside stocks following Bank of Japan rate hike comments
3.9.2024
Bitcoin opens the week in the red as comments from the Bank of Japan and a sharp sell-off in equities markets negatively impact BTC price
Bitcoin falls alongside stocks following Bank of Japan rate hike comments
3.9.2024
Bitcoin opens the week in the red as comments from the Bank of Japan and a sharp sell-off in equities markets negatively impact BTC price
Insiders Report Report Kamala Harris Backs Biden’s Plan to Tax Unrealized Gains
21.8.2024
As Kamala Harris eyes the presidency, reports highlight the Harris-Walz campaign’s backing of President Joe Biden’s budget proposal. This plan seeks to raise capital gains to 44.6% and introduces a 25% minimum tax on unrealized gains for Americans with over $100 million in wealth. Harris is also...
IMF Proposes 85% Tax Hike on Crypto Miners & AI Data Centers
16.8.2024
The International Monetary Fund (IMF) has proposed a tax increase on crypto mining and artificial intelligence (AI) data…
Analyst Predicts Q4 Crypto Rebound Despite Japan Rate Hike
13.8.2024
In a recent episode of the WuBlockchain Podcast, Jiang Jinze, Chairman of MuseLabs and former Chief Researcher at…
Ex-Bank of Japan Official Rules Out Another Rate Hike This Year
12.8.2024
The BOJ recently raised rates for the first time in over a decade, destabilizing global markets, including bitcoin
BOJ ex-board member says another rate hike unlikely this year
12.8.2024
The Bank of Japan is unlikely to raise interest rates again for the rest of the year, but it’ll be a "toss up" whether there will be another before March
ETH Lags as Crypto Markets Recover Post BOJ Rate Hike Hiatus
8.8.2024
The cryptocurrency market is showing signs of recovery following reassuring comments from the Bank of Japan (BOJ). However,…
Disney+ Gets Another Price Increase, Will Cost Twice As Much As It Did In 2019
6.8.2024
Disney’s popular streaming service is set to receive yet another price hike, marking the fourth increase for the streamer since it launched in 2019. The new ad-free tier of Disney+ will soon cost $16 a month. It comes as Disney and other companies continue to try and squeeze more profit out...
Bitcoin Keeps Weekly Loss as 'Anti-Risk' Yen Strengthens After BOJ Rate Hike
31.7.2024
The yen’s popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said
Latam Insights: US Department of State Acknowledges Bitcoin Helped Revive El Salvador’s Tourism, Paraguayan Government Dismisses Power Fee Hike Concerns
29.7.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The U.S. Department of State states bitcoin helped drive tourists to El Salvador, Paraguay dismisses concerns about power fee hikes for bitcoin mining...
Hive Announces Plans to Move Into Paraguay Amidst Bitcoin Mining Power Hike Turmoil
26.7.2024
Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with President Santiago Peña and his cabinet. Hive stated that stability in government fiscal policies, such as energy pricing and taxation, will be a key factor in the expansion...
Paraguay miners urge state electricity board to reconsider upcoming price hike
22.7.2024
Capamad spokesperson Jimmy Kim claims that the electricity price increase, set for Aug. 1, may force 70% of legal crypto miners out of business
FTC Calls Xbox Game Pass Price Hike 'Exactly The Sort Of Consumer Harm' It Tried To Stop
19.7.2024
On Wednesday, the Federal Trade Commission pointed to Microsoft’s recent pricing overhaul of Xbox Game Pass as evidence of the harm its merger with Activision Blizzard has had on consumers. The agency filed a new letter in its ongoing appeal of last year’s deal, calling the changes “exactly...
This Deal On Game Pass Ultimate Will Save You A Bunch Before The Price Hike
10.7.2024
Microsoft is raising the price of every tier of Xbox Game Pass starting July 10. Fortunately, you can save a good chunk of change on the most expensive tier through a current Amazon deal. Stacking a year’s worth of monthly subscriptions with this offer is $60 cheaper than paying the new price...
SHIB gains overwhelming attention due to hike in token burn rate
6.6.2024
Shiba Inu (SHIB) meme coin receives much attention owing to its overwhelming jump in its token burn rate to 3,900%. This is according to Shibburn, a platform meant for monitoring the burning of SHIB tokens. The pricing of SHIB, too, has seen a rise. The increase in Shiba Inu’s burn rate...