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Bitcoin Price Prediction as Gary Gensler Says SEC Taking ‘New Look’ at Spot BTC ETFs – Approval Coming?
15.12.2023
In the dynamic landscape of cryptocurrency, Bitcoin, the pioneering digital currency, has recently seen a downturn, slipping below the $43,000 threshold. This decline aligns with the broader crypto market, which witnessed a 0.25% drop in its global market cap, now standing at $1.61 trillion. This...
It Sucks To Buy Anything In 2023
15.12.2023
Recently, my wife and I went out to do some Christmas shopping. We also grabbed some lunch while we were out, brought dinner home, rented a movie, and bought a game to play the next day. It should have been a chill weekend, but it wasn’t. In 2023, thanks to greedy billionaires and giant, shitty...
Bitcoin Price Prediction as BTC Falls 7% in 7 Days – Time to Buy the Dip?
13.12.2023
Bitcoin, the pioneering and most prominent cryptocurrency, has recently faced a downward trend, slipping below $42,000 earlier this week. This decline, accentuated by the release of the latest US Consumer Price Index (CPI) numbers, raises questions about the asset’s short-term trajectory....
US CPI Sees Slight Uptick in November, Fed Likely to Maintain High Rates
12.12.2023
In November, the U.S. Consumer Price Index (CPI), a principal measure of inflation, registered a modest rise of 0.1%, maintaining a consistent annual increase of 3.1%. This minor growth in prices reflects subtle economic shifts, with energy costs witnessing a marked reduction, in contrast to...
South Korea Financial Regulator Proposes Consumer Protection Rules for Crypto Users
11.12.2023
The rules are scheduled to take affect on July 19 next year
German and US consumer confidence: Latest insights
4.12.2023
Consumer confidence and sentiment are important economic indicators for the foreign exchange market. The consumer confidence index (CCI), conducted every month, determines consumer sentiment by measuring spending plans for large purchases such as cars and real estate. This indicator evaluates...
Canadian Crypto Drive Slows in 2023, Users Cite Wider Market Factors
30.11.2023
Source: Pixabay The number of Canadian cryptocurrency users has dropped in 2023 due to bear market fears and wider macroeconomic factors, a new survey shows. A Crypto Asset Survey published by the Ontario Securities Commission (OSC) was conducted to show consumer interaction with virtual assets...
Australia Considers Sector-Specific Codes for Addressing Banking and Crypto Scams
30.11.2023
Source: AdobeStock / FiledIMAGE The Australian Department of the Treasury is considering applying sector-specific codes and standards to banking and cryptocurrency scams as part of its proposed framework. On November 29, a consultation paper titled “Proposed Scams Code Framework,” aimed...
Apple Ends Partnership With Goldman Sachs as Tech Giant Expands into Lending
29.11.2023
Source: Adobe / twinsterphoto Apple has decided to terminate its credit-card partnership with Goldman Sachs as the tech giant pushes deeper into consumer lending. Apple recently submitted a proposal to Goldman Sachs, outlining its intention to exit the contract within the next 12 to 15 months...
A16z Backs Web3 Consumer App Setter in $5M Seed Round
28.11.2023
Setter aims to address "the complexity and unfriendliness of current wallet technologies," making entry into Web3 a seamless experience for more users
Spain’s Central Bank Governor Says Digital Euro Not Consumer Priority, Pushes for Wider Collaboration
22.11.2023
The Governor of Spain’s central bank, Pablo Hernandez de Coz says there is no urgent desire among users in the jurisdiction for a Central Bank Digital Currency (CBDC), explains the digital euro’s roadmap. In a recent speech at the Annual Convention of the Associacion de Mercados ...
New York finance regulator tightens crypto listing guidance
16.11.2023
Crypto firms’ policies on coin listing and delisting must align with a list of standards set by the NYDFS
Bitcoin Technical Analysis: BTC Enters a Steady Range-Bound Consolidation Phase
15.11.2023
As bitcoin hovers around $36,209, the cryptocurrency market braces for potential shifts. The day prior, BTC slid to a low of $35,109 per coin but has since managed to rebound back above the $36K range. Bitcoin’s market volatility intensified following the release of the consumer price index...
October’s Inflation Report: Shelter Prices Up, Gasoline Plummets — Mixed Market Reactions Follow
14.11.2023
On Tuesday, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged in October, following a 0.4% increase in September. Over the past year, the all-items index rose 3.2% before seasonal adjustment, marking a notable trend...
Bitcoin Price Prediction as US Core Inflation Rate is Announced – Is the Bear Market Officially Over?
14.11.2023
Bitcoin (BTC) Chart / Source: TradingView Bitcoin (BTC) is trading at daily lows in the $36,100s in wake of the release of the latest US inflation figures for October, despite the numbers coming in lower than expected across the board. The headline Consumer Price Index (CPI) showed prices remaining...
Bitcoin Price Prediction as Bulls Try to Hold $37,000 Support – Here are Key BTC Levels to Watch
13.11.2023
Weekly Bitcoin (BTC) Chart / Source: TradingView The Bitcoin (BTC) price, last trading in the $36,700s, continues to take a breather after breaking out to fresh yearly highs near $38,000 last week, as investors book profits ahead of the release of US Consumer Price Index (CPI) on Tuesday. Risk...
Standard Chartered’s SC Ventures Partners With SBI to Establish Digital Asset Joint Venture in UAE
11.11.2023
Standard Chartered’s ventures arm, SC Ventures, and Japanese conglomerate SBI Holdings are collaborating to establish a digital asset joint venture in the United Arab Emirates (UAE). “The joint venture will focus on investing in companies across the digital assets spectrum including...
RoboCop: Rogue City: The Kotaku Review
8.11.2023
For years and years, video games—especially shooters—have gotten faster and faster. RoboCop: Rogue City, out now on Xbox, PlayStation, and PC, bucks this trend and puts you in the clunky, lumbering metal boots of RoboCop himself. But the real surprise isn’t how much fun it is to be a slow-walking...
U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments
7.11.2023
A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions
Crypto Regulation News Weekly Digest: SafeMoon Executive Charges and FinCEN’s Mixing Service Proposal
7.11.2023
Last week saw major regulatory actions against crypto mixing services and alleged fraud along with pushback from lawmakers. Image by Andrii, Adobe Stock. The cryptocurrency industry increasingly finds itself under the purview of regulators striving to balance innovation with consumer protection...