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Financial Markets Tense as Inflation Rise Suggests US Central Bank May Keep Rates Steady
13.3.2024
The U.S. Consumer Price Index (CPI), experienced a 3.2% increase over the 12 months ending in February, marginally higher by 0.1% compared to January’s CPI. This development is not being well-received by the financial markets, as the U.S. Federal Reserve might postpone any reductions in...
Final Fantasy VII Rebirth’s Best Mini-Game May Get Expansions
13.3.2024
Final Fantasy VII Rebirth has a lot of mini-games—some might argue it has too many—but one thing we can all agree on is that Queen’s Blood, the in-universe card game Cloud plays with various NPCs, is one of the highlights. In fact, the game has become such a hit that Square Enix is open to adding...
Russian Crypto Regulation ‘May Have to Wait Until 2025’
13.3.2024
Russian crypto regulation may be delayed until 2025, as decision-makers in the nation prioritize other matters.
The post Russian Crypto Regulation ‘May Have to Wait Until 2025’ appeared first on Cryptonews
Crypto Attorney Jake Chervinsky Explains the Bear Case for a Spot Ether ETF Approval in May
12.3.2024
Jake Chervinsky, CLO of Variant, a crypto-focused venture capital firm, explained that he was pessimistic about U.S. regulators approving a spot ether ETF this May. Chervinsky stated that the SEC’s combative attitude, willingness to go to court to fight this kind of approval, and lack...
NFT Providers May Need Registration to Comply With UK Money Laundering Rules
12.3.2024
The U.K. started a consultation on its money laundering rules on Monday
Trades lower the chance for Spot Ether ETF May approval
11.3.2024
Spot Ether ETF is the next desirable crypto ETF product in the community. It was slated for approval in the middle of 2024 or May 2024. The first deadline could now be far from becoming a reality since crypto traders have dragged down the approval possibility to 24%. A concrete reason has not been...
Anti-Crypto Politicians Rally Against SEC’s Potential Approval of Spot Ethereum ETFs: Fox Reporter
11.3.2024
Optimism surrounding the Securities and Exchange Commission's (SEC) approval of Ethereum spot ETFs by May 23 is diminishing.
The post Anti-Crypto Politicians Rally Against SEC’s Potential Approval of Spot Ethereum ETFs: Fox Reporter appeared first on Cryptonews
El Salvador May Become One of the World’s Richest Countries Due to Bitcoin Holdings
8.3.2024
El Salvador – one of the smallest and most densely populated countries in Central America – may eventually become one of the wealthiest countries in the world because of its Bitcoin holdings. For context, the country became the world’s first nation to accept Bitcoin as legal tender in September...
Coinbase Says Value of Many AI Tokens is “Overstated” as Sector Surges 37% in Past Week
8.3.2024
The AI token market has experienced a surge in prices that, according to a research report from leading crypto exchange Coinbase, may be driven more by hype than actual utility.
The post Coinbase Says Value of Many AI Tokens is “Overstated” as Sector Surges 37% in Past Week appeared...
Short-Term Correction Brewing as BTC Price Increased Too Fast: CryptoQuant
8.3.2024
Bitcoin price hit an all-time-high of $69,000 on Tuesday, the price is continuing to hover around the $67,000 mark but a short-term pause or correction may be brewing as prices have increased too fast, according to crypto market data, on-chain data provider CryptoQuant.
The post Short-Term...
SEC Chair Gensler Cautions About Crypto Investing — Warns ‘Thousands’ of Crypto Tokens May Be Securities
8.3.2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has cautioned about crypto investing. “This is a highly speculative asset class. One could just look at the volatility of bitcoin in the last few days,” he stressed, warning that thousands of crypto tokens may...
Bitcoin’s Price May Double To $138k This Month, History Suggests
8.3.2024
Bitcoin (BTC) is following a years-long bull trend which, if it continues, could see the coin double in price within the next few weeks alone, according to one analyst.
The post Bitcoin’s Price May Double To $138k This Month, History Suggests appeared first on Cryptonews
How the SEC's Recent Win May Play in Its Coinbase, Binance Cases
6.3.2024
A federal judge ruled that secondary-market transactions for certain cryptocurrencies violated securities law. The catch: This was a default judgment. The defendant never showed up, and no one filed amicus briefs to oppose the Securities and Exchange Commission's motion for a default ruling
Bummer: We May Never See Dune 2's Deleted Scenes
6.3.2024
While the experience of seeing Dune: Part Two in theaters has been compared to the release of The Two Towers or even TheReturn Of The King, Denis Villeneuve’s sci-fi epic differs from its predecessors in a major way. (It’s not just all that sand.) Don’t expect your post-home-release, five-hour Part...
Bitcoin Rally May Slow as Order-Book Imbalance Hints at Profit Taking
6.3.2024
The gap between liquidity on the ask and bid sides of the order book within 2% of the market price has widened to nearly five times is usual value, according to data tracked by Kaiko
Nigeria’s Financial Watchdog Summons Binance CEO Over Crime Concerns
4.3.2024
New Binance CEO Richard Teng must appear before Nigeria’s House of Representatives Committee on Financial Crimes to answer questions about his company’s lax KYC and AML policies, which may have played a part in terrorism financing and money laundering. Committee Chairman Ginger Onwusibe...
Meme Coin Rally May Signal Impending Altcoin Season; This Is the Sign to Watch
1.3.2024
Bitcoin has led the crypto advance this year, but altcoins could start outperforming soon, analysts said
Baldur’s Gate 3 Xbox Physical Edition May Have A Whole Lotta Discs
1.3.2024
The award-winning 2023 game Baldur’s Gate 3 doesn’t have a physical disc edition out in the wild yet. In November, Larian announced that a Deluxe Edition of the Dungeons & Dragons RPG is set to launch this year that will give you a boxed copy for your shelf and physical discs for PC, PlayStation...
Hong Kong Ends Crypto Exchange License Applications, Noncompliant Platforms to Close by May 31
29.2.2024
The Hong Kong Securities and Futures Commission closed its crypto exchange licensing portal on February 29th, setting a May 31st closure deadline for exchanges that haven't completed the process.
The post Hong Kong Ends Crypto Exchange License Applications, Noncompliant Platforms to Close by May...
Glassnode Data: Bitcoin Realized Capitalization Nears All-Time High Amid Market Surge
29.2.2024
Bitcoin may now be closing in on $63k as the bulls goad it towards and beyond its former all-time high of $69k, but according to one metric, realized capitalization, the world’s biggest cryptocurrency has already closed in on a historic peak. Analysts at blockchain data company Glassnode...