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Bank of America Predicts Milds Recession After Fed’s Tightening Action


Bank of America is predicting a mild recession will happen during the last two quarters of 2023. Brian Moynihan, CEO of Bank of America stated that this recession will be the consequence of the U.S. Federal Reserve tightening actions in order to fight inflation, and how this will increase...

XRP Bucks Market Trend as Proponents Remain Optimistic About Lawsuit Outcome


Although the crypto economy has dipped 1.5% in value over the past 24 hours, XRP, the sixth-largest digital asset by market capitalization, has posted gains recently. In the last week alone, XRP has surged over 10%, and year-to-date, this digital currency has increased by 35% against the U.S....

USDC Goes L2: Circle’s Stablecoin to Make Its Native Debut on Arbitrum


Stablecoin provider, Circle Internet Financial, has revealed that its dollar-pegged token, USDC, will be natively introduced on the layer two (L2) blockchain Arbitrum on June 8. The announcement follows Circle’s disclosure of its euro-pegged coin, EUROC, merging with the Avalanche blockchain...

Russian Miners Mint Crypto Worth $700 Million a Year, Mining Bill Postponed


Cryptocurrency miners in Russia have extracted digital currencies for around $700 million last year, according to a state-run fintech entity. However, the growing industry remains unregulated with the government having postponed the adoption of the respective legislation once again. Russian Crypto...

Tether Surpasses Previous Market Cap Record, Reaching $83.23 Billion


On June 1, 2023, the stablecoin issuer Tether exceeded the dollar-linked token USDT’s previous all-time market capitalization record of $83.2 billion, which was set in May 2022. In the last 186 days, USDT’s market value has surged by 27.15% from the low of $65.43 billion reached...

Hong Kong's Crypto Hub Ambitions May Not Last Warns Chinese Crypto Pioneer


Hong Kong’s ambition to become a crypto hub may not be sustainable, according to a Chinese crypto veteran whose digital asset business in China was overturned by a regulatory crackdown.  In an interview with Bloomberg, crypto pioneer Bobby Lee, who set up China’s first Bitcoin exchange and founded...

Dabérka Ellie z The Last of Us podala žalobu kvůli domácímu násilí


Devětatřicetiletá herečka Ashley Johnsonová, kterou proslavil především dabing hlavní hrdinky kultovní videohry The Last of Us, podala žádost o vykázání na svého bývalého přítele Briana Fostera. V dokumentech mimo jiné uvedla, že s sebou prý nosí škrticí strunu

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