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Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate, Following Recent Gains
17.7.2023
Bitcoin started the week trading around the $30,000 mark, as the cryptocurrency market continued to consolidate following last week’s gains. The global market was down 1.19% at the time of writing, as sentiment remains uncertain following a weekend of profit taking. Ethereum was also down...
FSB Releases Proposals For a Tougher Global Crypto Framework
17.7.2023
The Financial Stability Board (FSB) has called for improved global digital asset regulation with the safety of user assets at the center of policies.
The international financial body which acts as a standard-setter rolled out plans to proffer recommendations to help curb the crypto-related...
FSB finalizes its recommendations for a global crypto framework
17.7.2023
The Financial Stability Board states that crypto platforms must segregate the client’s digital assets from their own funds and clearly separate their multiple functions to avoid conflict of interest
Bitcoin Price Prediction: Ripple's Legal Win and Global Interest Shape the Market
17.7.2023
Bitcoin price is currently trading at around $30,300, showing less than 0.50% surge during the Asian session on Monday. The recent favorable decision in the SEC vs. Ripple case has impacted the price, bringing it back to the level seen last Thursday.
However, a former SEC official expresses...
Financial Stability Board Calls for Tougher Global Crypto Rules After Year of Turmoil
17.7.2023
The standard-setter called for crypto companies to adapt now, after allegations of misuse of client funds at FTX
Blackrock CEO Larry Fink Says Crypto Will ‘Transcend Any One Currency’ — Sees Broad-Based Global Interest
17.7.2023
Larry Fink, the CEO of the world’s largest asset manager, Blackrock, says crypto is so international that it will transcend any one currency. Regarding Blackrock’s bitcoin exchange-traded fund (ETF) filing with the U.S. Securities and Exchange Commission (SEC), the executive stressed: “We...
Yellen Champions Ukraine Support as ‘Single Best Thing We Can Do for the Global Economy’ Ahead of G20 Summit
16.7.2023
Janet Yellen, serving as the 78th U.S. Treasury secretary, emphatically declared on Sunday that bolstering Ukraine represents “the single best thing we can do for the global economy.” Furthermore, Yellen expressed caution regarding the premature removal of trade constraints against China,...
Bitcoin ETFs Can Boost ‘Overall Reputation of Certain Cryptocurrencies’ — Brighty App Co-Founder
16.7.2023
According to Nikolay Denisenko, the co-founder and CTO of the financial and earning application Brighty App, the digital version of the pound sterling can be a bridge that enables “easy conversions between different types of crypto, stablecoins, and digital currencies.” Furthermore,...
Biggest Movers: SHIB up 7% on Saturday, as DOGE Moves to 2-Month Peak
15.7.2023
Shiba inu was one of Saturday’s biggest movers, as the meme coin rose by as much as 7% to start the weekend. The global crypto market cap was mostly lower, falling by over 2% as traders began to secure recent gains. Despite this, dogecoin also rose, hitting a two-month high in today’s session....
Is the Metaverse a 'Global Panopticon'?
14.7.2023
7 blockchain-based platforms for content creators
14.7.2023
From Steemit and LBRY to Ujo Music and SuperRare, discover how blockchain technology empowers content creators in the digital age
Fractionalized NFT Project Particle Sends Banksy Artwork on Loan to Global Museums
14.7.2023
Digital art platform Particle will loan its fractionalized Banksy painting to major museums across the world.
"Exciting news! Banksy's iconic "Love Is In The Air", generously loaned by Particle co-owners, begins its Europe tour," Particle Collection shared on Twitter.
The tour will start in...
Bitcoin Lags Behind Global Market Rally, Raising Caution Among Investors
14.7.2023
The leading cryptocurrency Bitcoin failed to rally with global markets this week triggered by cooling US inflation. The recent decoupling of Bitcoin from the global markets has left investors worried about the token’s outlook.
While S&P 500 and Nasdaq closed at their highest since April 2022...
Bitcoin ETFs: When Will the SEC Say ‘I Do?’
14.7.2023
While bitcoin enthusiasts anxiously await the Securities and Exchange Commission’s (SEC) decision on Blackrock’s spot bitcoin ETF proposal, it’s worth delving into the bigger picture. The following opinion editorial was written by Joseph Collement, General Counsel...
Hackvolution: BNB Chain kicks off Hackathon to Drive Innovation and Collaboration
14.7.2023
PRESS RELEASE. BNB Chain, the world’s largest smart contract blockchain in terms of daily active users, has today announced Hackvolution, its global 7-week Hackathon, starting on July 13th and running until September 1st. Hackvolution gets support from COMBO, Google Cloud, CyberConnect...
Experts Warn of Impending Recession in the US as Survey Reveals 59% Chance by July 2024
14.7.2023
A recently published survey by Bankrate reveals that there is a 3-in-5 likelihood of a recession occurring in the United States within the next year. Bankrate’s survey of economists firmly indicates that the chances of a recession taking place in the U.S. are greater than the chances of...
BIS Report Cites ‘Inherent Limitations’ of Cryptocurrencies; Questions Their Role in Global Economy
13.7.2023
The Bank of International Settlements (BIS) has published a report on cryptocurrencies and explains that the technology has serious “flaws.” BIS researchers insist that permissionless blockchains have “inherent limitations” that lead to network congestion and high fees. BIS Report: ‘Crypto Has...
Western Sanctions on Russia Demolish Global Trade System, Cause Inflation Surge, Says Russian Banker
13.7.2023
Russia’s second-largest bank’s chairman says by imposing sanctions on Russia, the West has “demolished the global trade system and caused an inflation surge.” Pointing to the U.S. banking crisis as an example, he stressed: “This is virtually the largest financial and banking crisis since 2008,...
Economist Predicts End of US Dollar Dominance as More Countries De-Dollarize
13.7.2023
The chief economist at S&P Global has predicted that the U.S. dollar “will no longer be the dominant world currency.” Highlighting the diminishing influence of the USD, he pointed out that an increasing number of countries are de-dollarizing, noting that the Chinese yuan is growing...
Eco-Friendly Crypto Ecoterra Raises $6 Million as Global Investors Flock to the New Recycle2Earn Platform – Less Than 48 Hours Left
11.7.2023
The eco-friendly crypto project has raised a whopping $6 million investment from early investors as it gears towards the last lap of its burgeoning presale.
Its $ECOTERRA token has piqued the interest of global investors looking to invest in the next biggest asset before it launches on public...