Search
Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say
3.5.2023
Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the 2021 record. This year’s high numbers are coming after 2022 became the worst annual period in seven years for the sanctioned Russian banking sector in terms of financial outcome. Banks...
Fed Preview: Crypto Observers Believe Bitcoin Rally May Stall if Powell Does not Signal End of Tightening
3.5.2023
We expect that Chair Powell may shy away from being definitive when it comes to a pause which may disappoint the market, one crypto trader said
Best Crypto to Buy Now 2 May – EGLD, TRX, INJ
3.5.2023
Bitcoin and Ethereum are currently witnessing a significant uptick, coinciding with a downturn in traditional banking equities, particularly in light of the recent sale of First Republic Bank.
How might this sudden cryptocurrency market bounce affect the selection of the best crypto to buy now?...
Can the Bitcoin (BTC) Price Snap its Recent Run of Ugly May Returns?
2.5.2023
Since 2011, Bitcoin (BTC) has posted an average return of 18.3% in May, according to data presented by bitcoinmonthlyreturn.com.
However, two of the worst three Mays in Bitcoin’s history have come in the last two years.
In May 2021, Bitcoin shed a stunning 35.38% of its value.
In May 2022...
Bitcoin Hashrate Reaches All-Time High of 491 EH/s, Close to Half a Zettahash, as Network Preps for Next Difficulty Change
2.5.2023
While the next difficulty change for Bitcoin is just two days away, the network’s hashrate soared to unprecedented heights, reaching 491.15 exahash per second (EH/s) on May 02, 2023, at block height 787,895. This staggering amount of computational power came tantalizingly close to a half...
The Week In Games: Open-World Vampire Slaying And Roguelite Hockey
2.5.2023
Read more
BTC price may need a $24.4K dip as Bitcoin speculators stay in profit
2.5.2023
Bitcoin short-term holders are slowly seeing profits evaporate as BTC price action trends lower, but more downside could be next
Nigeria's SEC May Permit Asset-Backed Tokens, Crypto Trading Remains Off-Limits
2.5.2023
Despite banning crypto transactions in February 2021, Nigeria is now considering a new approach to digital asset trading by allowing asset-backed tokens.
According to a recent report by Bloomberg, the Nigerian SEC has opened up the application process for digital exchanges to test tokenized asset...
Bitcoin Cash Smart Contracts ‘Comparable to Those on Ethereum’ Possible via May Upgrade, ‘1000x Efficiency Advantage’: Dev Jason Dreyzehner
2.5.2023
Pro-freedom technologies advocate and software developer Jason Dreyzehner recently spoke with Bitcoin.com News via email about the upcoming Bitcoin Cash network upgrade on May 15. One of the most talked about improvement proposals set to go through on that date — which proponents view as...
Istanbul will be hosting Eurasia’s largest Blockchain event once again on May 10–11, 2023
2.5.2023
Teklip, an innovative tech-advertising and media company, is proud to present the Blockchain Economy Istanbul Summit, Eurasia’s largest Blockchain event. Istanbul is one of the world’s oldest historically and culturally rich cities. According to current estimates, 16% of Turkey’s...
Mawson Infrastructure Group Expands to New Bitcoin Mining Site in Ohio, Plans to Boost Hashpower by 1 EH/s
2.5.2023
Mawson Infrastructure Group announced on Monday that the company has secured a new mining site in Corning, Ohio. The bitcoin mining firm, on May 1, 2023, unveiled its plans to set up its miners at the new location by Q3 of this year, with an aim to raise the operation’s hashpower by 1 exahash...
European Union pushes forward with first AI framework: Law Decoded, April 24–May 1
1.5.2023
High-risk tools will not be banned entirely, though they will be subjected to stricter transparency procedures
Meme Coin Crypto Price Predictions for May: PEPE, BOBO, DINO, HEX, LHINU, MONG, AiDoge
1.5.2023
Meme coin cryptocurrencies are gradually taking the crypto space by storm. As of April, several meme coin cryptocurrencies reached outstanding milestones, leaving investors with higher expectations.
Thus, here are the price predictions for the following meme coins: PEPE, BOBO, DINO, HEX, LHINU...
JPMorgan Chase Assumes Control of First Republic Bank Following Seizure by California Regulators
1.5.2023
On May 1, 2023, the California Department of Financial Protection and Innovation (DFPI) seized First Republic Bank, placing it into Federal Deposit Insurance Corporation (FDIC) receivership. According to reports, this move came after the bank’s financial troubles made it insolvent and unable...
How to Blur Faces in a Video from Command Line
1.5.2023
Privacy is always incredibly important, especially with visual media where you may not have the permission of individuals in the video. If you’re filming something in public, it’s likely you’ll catch someone’s face who simply doesn’t want or need to be identified. This...
‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister Says
1.5.2023
Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing crypto in foreign trade transactions, he indicated....
US Central Bank Expected to Raise Lending Rate by 25bps: Experts Predict Final Hike of 2023
30.4.2023
After the most recent increase in the federal funds rate, the U.S. Federal Reserve is set to raise the lending rate by 25 basis points (bps) to 5.25% in three days, according to expectations. A recent poll of 105 economists revealed that 94 of them predict a 25bps rate hike will occur during...
Zimbabwe’s De-Dollarization: Central Bank to Issue Gold-Backed Digital Currency in Early May
30.4.2023
The Reserve Bank of Zimbabwe (RBZ) has said it will start issuing gold-backed digital tokens on May 8. The first phase of the launch will see the digital tokens being issued for “investment purposes with a vesting period of 180 days.” The RBZ also revealed that the gold-backed digital...
No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again
29.4.2023
Bank of Russia decided to maintain the interest rate at 7.5% amid moderate inflation, estimated at 2.5% on an annual basis in April, although this may change later this year. The monetary authority improved its forecast for the Russian economy and now expects growth entirely in positive figures,...
Venmo will enable fiat-to-crypto payments in May
28.4.2023
Users of the mobile payment service will also be able to receive crypto through a QR code or external crypto address