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Socialite and Model Alexis Ren Doesn’t Trust the Dollar Economy, Says Crypto Is a Viable Alternative
21.11.2021
The American social media personality and model, Alexis Ren believes the fiat economy is “collapsing” and recently she told the press she thinks cryptocurrencies offer a viable alternative. In a recent interview, Ren explained her interest in crypto is fueled by the socialite’s...
Hillary Clinton Warns Cryptocurrency Could Destabilize Nations, Undermine Dollar as World’s Reserve Currency
21.11.2021
Former presidential candidate Hillary Clinton has urged nation-states to “start paying greater attention to the rise of cryptocurrency.” She warned that crypto could undermine the role of the dollar as the world’s reserve currency and could destabilize nations. Hillary Clinton...
Microstrategy CEO Discusses Bitcoin Becoming $100 Trillion Asset Class — Says BTC Will Grow 100X
21.11.2021
The CEO of Microstrategy says that bitcoin will emerge as a $100 trillion asset class and will grow 100X from where it is today. He said the cryptocurrency is winning against gold as a store of value and he is not worried about regulation. “I’m not at all troubled with the regulations...
Israeli Police Arrest Beitar Jerusalem Owner and 7 Suspects in Multimillion-Dollar Crypto Fraud
20.11.2021
Israeli police have arrested eight suspects in connection with a cryptocurrency fraud scheme after raiding their homes and seizing evidence. One of the suspects is Moshe Hogeg, a well-known owner of the premier soccer team Beitar Jerusalem Football Club. 8 People Arrested in Crypto Fraud Scheme...
Shiba Inu in danger of 'topping signal' as SHIB price loses 50% in 3 weeks
19.11.2021
The meme cryptocurrency hints at undergoing a price rebound as its paints a classic bullish continuation setup
Digital currencies won’t impact US sanctions, Treasury exec says
19.11.2021
Russia’s digital ruble won’t help the country avoid U.S. sanctions because the global economy is “interconnected,” an official said
Major Australian Baseball League Team Perth Heat to Pay Players in Bitcoin and Hold BTC on Balance Sheet
19.11.2021
One of the most successful baseball teams in Australia, the Perth Heat, is adopting the bitcoin standard. The team will pay players and staff in bitcoin, accept the cryptocurrency for payments, and hold bitcoin on its balance sheet. The Perth Heat Will Operate on Bitcoin Standard The Perth Heat,...
Famed Economist Doubts Bitcoin Will Become Global Currency
18.11.2021
Mohamed El-Erian, chief economic advisor at financial services company Allianz, says that bitcoin is not going to be a global currency and will not replace the U.S. dollar. However, he believes the cryptocurrency will always exist in the ecosystem and will not be regulated out of existence. Bitcoin...
Blockchain Industry to Surpass $67 Billion by 2027: Fintech Report Names 2021’s Most Influential Blockchain Companies
17.11.2021
Financial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published study by Utility Bidder indicates that the industry is predicted to surpass $382 billion by 2027. Moreover, fintech firms...
US is not moving fast enough to develop a CBDC, says former CFTC chair
17.11.2021
“We should act now to improve access to financial services through other means as well — the need is too great," said Tim Massad
As the Dollar’s Purchasing Power Drops, Janet Yellen Stresses ‘Pandemic Calls the Shots’ for the Economy, Inflation
16.11.2021
Inflation has continued to make the price of goods and services in America rise as the U.S. dollar’s purchasing power is not what it used to be. Meanwhile, the Obama administration’s former economic advisor, Larry Summers, recently told the press that “We’re going to...
Federal Reserve Governors Don’t See Reason to Issue Central Bank Digital Currency
16.11.2021
At least three Federal Reserve governors have said that they do not see a reason for the Fed to issue a central bank digital currency (CBDC). The Fed is currently putting together a report on a digital dollar to be released in the near future. Fed Governors Doubt Need for Digital Dollar Federal...
Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs
16.11.2021
The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth
'Musk effect' sees crypto named after SpaceX's Starlink satellites gain over 140% in three days
15.11.2021
The supersonic price rally in the StarLink crypto market appeared as Space launched 53 Starlink orbit satellites into space on Saturday
US Faces More Inflation Woes as CPI Hits Highest Record in 30 Years
11.11.2021
U.S. inflation continues to roar higher as this week’s data from the consumer price index (CPI) jumped 6.2% from a year ago. Americans are concerned as the Federal Reserve has expanded the monetary supply like at no other time in history, suppressed the benchmark interest rate, and U.S....
Dollar Nears One-Month Low Against Yen Before Inflation Test; Kiwi, Aussie Slip
11.11.2021
The US dollar continues its downward spiral, almost reaching its one-month low against Yen. Moreover, as investors await the US inflation data, the currency traded weak against most major peers. With the uncertainty in the market regarding the Fed’s interest rates stance, the currency...
Author Insists Current Gold Price Cheaper Now Than in 1980
8.11.2021
While gold is generally perceived to be the best hedge against inflation, a report written by author Kelsey Williams has now questioned this longstanding assertion. In the report, Williams argues that the current gold price of around $1,810 per ounce is much lower than the commodity’s...
Destiny 2 Made Xur Good Again
7.11.2021
To some he’s a cryptic Agent of the Nine. To others he’s the Exotic Engram guy. My friends call him Pasta Face. Most know him as Xur, and after years of being obsolete he’s once again a weekly center of attention in the Destiny 2 universe. It feels good to have him back.Read more
Stablecoin Valuations Continue to Swell, MIM and MUSD Market Caps Increase by Triple-Digits in 30 Days
6.11.2021
In mid-October, the market capitalization of all the stablecoins in existence was $134 billion and during the last three weeks, the valuation has increased by 5.59% to $141.5 billion. While terrausd’s market cap jumped by 6.7% over the last month, the stablecoin DAI saw an increase of 27.3%...
Take-Two Cancels Unannounced $53 Million Dollar Game By Hangar 13
3.11.2021
Take-Two revealed in its earnings call today with investors that it had cancelled a $53 million unannounced project. Sources tell Kotaku that game was intended to be a live service, third-person action game in the vein of Destiny, developed by Hangar 13 called Volt. The decision to cancel it took...