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Bank of Japan likely to increase interest rate


Speculations are rife regarding the possibility of the Bank of Japan increasing its interest rates very shortly, following a period of 17 years. This is due to the biggest union group in Japan declaring the toughest wage propositions in more than 30 years. Following this, the yen witnessed a slight...

Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy


In a recent Senate Banking Committee hearing, Jerome Powell assured lawmakers that the Federal Reserve is not pursuing a CBDC anytime soon and “not far” from cutting interest rate. The post Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy appeared first on Cryptonews

Infrastructure Providers Warn of ASIC Scarcity for Bitcoin Miners


Bitcoin (BTC) miners have begun to express a number of concerns ahead of the next halving event, which is set to occur in April. During the halving, the Bitcoin mining reward will be cut from 6.25 BTC to 3.125 BTC. Additionally, the Bitcoin network’s hash rate recently reached an all-time high...

Crypto Bros Are Falling For Romance Scams At A Record Rate: Chainalysis


Romance scams were a brutal driver of illicit crypto activity last year, according to blockchain investigators at Chainalysis. The blockchain intelligence platform’s 2024 Crypto Crime Report states that so-called “pig butchering scams” nearly doubled their revenue in 2023 compared to 2022, and have...

Crypto Lender Ledn Now Offers ETH-Backed Loans to Meet Growing Demand


Canada-based Ledn announced Wednesday that it now offers loans backed by Ether, in response to significant client demand for the service. They begin with an annual interest rate starting at 10.4%.   The post Crypto Lender Ledn Now Offers ETH-Backed Loans to Meet Growing Demand appeared first...

Matrixport Report: Bitcoin’s Target of $63,000 by March 2024 is Achievable


Matrixport identified four key catalysts that could propel Bitcoin's Price to $63,000 in March, including the recent approval of spot Bitcoin ETFs, the upcoming halving event, and interest rate cuts.  The post Matrixport Report: Bitcoin’s Target of $63,000 by March 2024 is Achievable appeared...

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