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Demand for ETH Staking Soars Despite Nearly Month-Long Waiting Period
16.5.2023
Since the implementation of the Shanghai upgrade to the Ethereum mainnet just over one month ago, which allowed Ethereum validators to withdraw all or some of their staked Ether (ETH) tokens from the staking smart contract for the first time, demand for ETH staking has soared.
According...
J’JO’s Crypto Index Investing: Protecting Portfolios From Risks and Increasing Returns
16.5.2023
The global crypto market is expanding steadily despite recent bearish sentiments. Over 119 million people worldwide started owning cryptocurrencies in 2022, marking a 39% rise in total ownership. It reflects a growing demand for alternative payment methods and investment instruments. More people...
Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation
13.5.2023
Inflation in China registered an increase of 0.1% year-over-year in April, according to numbers from the National Bureau of Statistics of the country, falling below expectations. Some analysts are already warning about the dangers of deflation, even calling on the Chinese government to deliver cash...
Gbitcoins – Providing Top-Notch Cloud Mining Services
12.5.2023
Cloud mining is one of the newest, most innovative developments in the cryptocurrency space in recent years. It provides an affordable and more accessible entry point into the world of crypto mining. Various cloud mining sites have become popular as the demand for cryptocurrency mining grows....
IMF Says Zimbabwe Gold-Backed Digital Currency a Potential Threat to Financial Stability
11.5.2023
The International Monetary Fund has urged Zimbabwean authorities to weigh the benefits versus risks of issuing a gold-backed digital currency. Instead of using gold-backed digital currency to limit the demand for the greenback, the global lender said monetary authorities should consider...
Bitcoin eyes $28K push as traders demand CPI day BTC price volatility
10.5.2023
Bets are in for how BTC price action will react to the latest CPI print, with data favoring inflation dissipating in the coming months
Block Demand Leads to Fee Spike as Bitcoin-Based Memecoins Flourish
8.5.2023
Over 11,000 tokens have been issued and traded on the Bitcoin network, data shows
Central Bank’s Gold Purchases Make ‘Record Breaking Start’ in Q1 2023; 228.4 Tonnes Added to World Reserves
8.5.2023
Central banks have continued to consistently purchase gold during the first quarter of 2023, according to the latest report of the World Gold Council (WGC), the global gold statistics organization. Central banks added nearly 230 tonnes of gold to their national reserves, representing a 176% rise...
Republican U.S. Congressmen Demand Answers on the Biden Administration’s Crypto Stance
3.5.2023
U.S. Congressional Republican lawmakers demanded answers from the White House’s Council of Economic Advisers about the council’s “rationale” on issues ranging from legislation to central bank digital currencies.
Reps. Warren Davidson of Ohio and Mike Flood of Nebraska wrote a letter to...
Cosmos rises at peak, Shiba Inu steady at 4%, & Collateral Network presale swarmed by demand
3.5.2023
In recent crypto news, investors are speculating about the future Cosmos (ATOM) price, while Shiba Inu (SHIB) shows signs of increased gains for its holders. However, Collateral Network (COLT), currently in its public presale, has experienced unprecedented growth in demand, forecasted to deliver...
China Ramped Up Gold Production During Q1 Amidst Steady Demand From Central Banks
2.5.2023
Gold companies operating in China ramped up their production levels during the first quarter of 2023. According to industry reports, the Chinese gold industry managed to recover its extraction levels, reaching numbers it saw before the Covid pandemic, with the country engaging in a record streak...
Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts
29.4.2023
A growing number of banking institutions in Russia are offering customers the option to save in Chinese yuan. The trend coincides with declining demand for U.S. dollar and euro deposits amid currency restrictions that triggered a flight of funds to bank accounts abroad. Demand for Dollar, Euro...
Celsius creditors demand transparency on 'suspicious' FTX transactions
27.4.2023
Celsius creditors say info from FTX is crucial in determining if some CEL trades were meant to inflate its price artificially
Coinbase Prime, Talos Team Up to Meet Rising Institutional Crypto Trading Demand
26.4.2023
The partnership offers Talos clients connectivity to Coinbase Prime for spot liquidity and custody services
Report: Zimbabwe’s Central Bank Says Upcoming Gold-Backed Digital Currency to Help Reduce Demand for US Dollar
25.4.2023
The governor of the Zimbabwean central bank, John Mangudya, recently revealed that his institution is planning to introduce a gold-backed digital currency. According to the governor, the soon-to-be-introduced gold-backed digital currency is expected to help diminish local residents’ demand...
Heavy Demand For Madlads NFT Breaks Internet, Delays Mint
21.4.2023
The Madlads NFT from Solana Duo Armani Ferrante and Tristan Yver will release on Friday after surging interest broke the NFT collection's rails
Despite regulatory clarity, Hong Kong crypto ETFs experience lukewarm demand
20.4.2023
The daily trading volume of all Hong Kong crypto exchange-traded funds averaged about $1.19 million between December and early February
Digital Asset Firm HashKey Announces Wealth Management Service Launch Amid High Investor Demand – Bull Market Confirmed?
14.4.2023
Hong Kong-based digital asset firm HashKey Group has enhanced its Over-the-Counter (OTC) trading business and launched a new wealth management business line amid increasing investor demand.
In a Friday blog post, the company unveiled HashKey Wealth, a new wealth management platform geared toward...
Ether Options Trading Volume Surpasses Bitcoin As Shanghai Upgrade Drives Demand for Bullish Bets
14.4.2023
Ether Options Trading Volume Surpasses Bitcoin As Shanghai Upgrade Drives Demand for Bullish Bets
HashKey launches wealth management service citing ‘significant’ demand
14.4.2023
Hong Kong’s HashKey recently received a number of licenses from local regulators, allowing it to expand its range of products and services