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Bank of America Expects the Fed to Keep Hiking Rates Until ‘Point of Pain’ for Consumer Demand
5.3.2023
Bank of America has warned that the Federal Reserve will have to keep raising interest rates until it finds “the point of pain for consumer demand.” Expecting a slowdown in consumer demand to “lead to an outright recession,” the bank’s economist cautioned that...
Regulation and risk: Factors driving demand for a euro-backed stablecoin
3.3.2023
The world’s second most widely held reserve currency seems to be underrepresented in the stablecoin space
Sen. Elizabeth Warren and colleagues demand to see Binance’s balance sheets
2.3.2023
Three United States senators have written a letter to the CEOs of Binance and Binance.US with a long list of objections to the companies’ perceived policies and actions
Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain
2.3.2023
A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored the advantages of using a digital form of the document and pointed out that demand for yuan payments is growing. MKB Employs Bank of Russia’s...
Klaytn Blockchain Will Focus on Increasing KLAY Token Demand in 2023
1.3.2023
Klaytn intends to establish KLAY as a deflationary asset and provide more tools for developers intending to launch products on the network
Top 7 cybersecurity jobs in high demand
26.2.2023
Discover the top seven cybersecurity jobs in high demand: from security analyst to information security manager and more
Helium Network Migration to Solana Blockchain in March Drives Significant Gains for SOL and HNT Tokens
20.2.2023
Over the past seven days, the crypto asset solana has increased more than 23% against the U.S. dollar after the announcement that the Helium Network plans to migrate to the Solana blockchain on March 27. Helium Network’s native token, helium, has also risen, jumping 25% over the past week...
Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000
19.2.2023
As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last...
Market Demand Pushes Trading Volumes on DEX Level Finance to Over $1B
16.2.2023
The decentralized exchange was launched just over two months ago and earned lifetime fees of $1.2 million
Bitcoin hits record 44M non-zero addresses, thanks to Ordinals: Glassnode
14.2.2023
Glassnode noted that this is the first time in Bitcoin history where the network has been used for purposes other than for monetary purposes
Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises
12.2.2023
Since Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block (#774,628) on the Bitcoin blockchain, block sizes have been larger than they were prior to that block height in the past 12 days. Statistics show that blocks larger than 3 MB are now quite common, and demand for Ordinal...
House Republicans Demand Answers From SEC Over FTX Co-Founder’s Arrest
12.2.2023
On Feb. 10, 2023, Republicans Patrick McHenry of North Carolina and Bill Huizenga of Michigan, both members of the U.S. House of Representatives, sent a letter to Securities and Exchange Commission (SEC) chairman Gary Gensler seeking answers about the arrest of FTX co-founder Sam Bankman-Fried...
Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 Days
8.2.2023
Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 to $1.704 per transaction. The rise in onchain fees coincides with the new Ordinals digital collectible trend on the network, with the number...
DebtDAO to Burn 18M FTX User Debt Tokens Following Demand Frenzy
7.2.2023
Over 18 million tokens after the demand for the recovery tokens saw prices surge to as much as $113
FTX Debtors Demand Return of Funds Given to US Politicians and Super PACs
6.2.2023
FTX debtors are seeking to claw back millions of dollars given to U.S. political action committees (PACs) and political figures. Confidential letters have been sent to individuals and organizations, requesting the return of the funds by Feb. 28, 2023. Some bureaucrats, such as Democratic Senators...
Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High
5.2.2023
The meme coin economy has grown significantly over the past 27 days, increasing 34.52% against the U.S. dollar. The largest meme coin by market capitalization, dogecoin, has risen 29.5% in the past month, while the second-largest meme coin, shiba inu, has jumped 71.9% in 30 days. Since Jan....
Nigeria’s Bitcoin Premiums May Better Reflect Country’s Demand for the Dollar, Not Crypto
3.2.2023
Nigerians are paying a premium, but probably more for the U.S. dollar than for bitcoin, an analyst told CoinDesk
Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost
3.2.2023
Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this year, its network’s gas fees have also seen a similar increase. As...
Report: Egyptian Lawmakers Hail Parliament’s Endorsement of Pact to Join BRICS Bank
3.2.2023
Egyptian lawmakers recently hailed the parliament’s endorsement of a pact that allows the country to join the New Development Bank, a report has said. According to the report, the lawmakers believe joining this BRICS-backed institution will help Egypt reduce its demand for dollars and enable...
XRP Price Prediction as Ripple On-Demand Liquidity Product Surpasses $200 Million XRP Tokens Sold – XRP Pump Incoming?
1.2.2023
The XRP price has gained by 1% in the past 24 hours, reaching $0.402474 after Ripple published its Q4 Markets Report. Its current level marks a 3.5% increase in a fortnight and an 18% rise in the last 30 days, with Ripple's latest report revealing that it sold just over $220 million in XRP in...