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Gold Slides on Higher US Treasury Yields, Dollar
19.4.2023
Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States and elsewhere. Gold and Silver Slip as Investors...
Space and Time and Microsoft Make Blockchain Data Accessible on Azure Marketplace
19.4.2023
PRESS RELEASE. Seattle, WA, April 19, 2023 — Space and Time and Microsoft announce that developers can now deploy the Space and Time data warehouse directly from the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. The one-click deployment provides...
Biggest Movers: DOGE Loses Five Days’ Worth of Gains on Wednesday
19.4.2023
Dogecoin saw a five-day winning streak snapped on Wednesday, with today’s drop engulfing recent gains. The meme coin fell by as much as 6% in today’s session, as sentiment in the crypto market shifted. Solana was also lower, plunging by 9%. Dogecoin (DOGE) Dogecoin (DOGE) plunged on Wednesday,...
Musk to Launch ‘Truthgpt,’ Says Microsoft-Backed Chatbot Is Trained to Lie
19.4.2023
Tech investor Elon Musk intends to develop an artificial intelligence (AI) platform that will be “truth-seeking” and safe for mankind. Admitting he is starting late, the billionaire nevertheless vowed to try to present a “third option” that will challenge the products of giants Microsoft...
Bitcoin, Ethereum Technical Analysis: BTC Nears Breakout Below $29,000 on Wednesday
19.4.2023
Bitcoin fell to a one-week low on Apr. 19, as markets moved into consolidation following a recent bull run. Following today’s red wave, prices neared a breakout below the $29,000 level earlier in the session. Ethereum also declined, falling below $2,000. Bitcoin Bitcoin (BTC) moved lower...
Russia Developing Payment Gateways With Partners Like Turkey, Mulling Crypto Settlements
19.4.2023
Bank of Russia is building a system of gateways with foreign payment networks and is now working with Turkey in this field. Russia’s monetary authority would also allow the experimental use of cryptocurrencies in foreign economic activities, its head was quoted as saying. Russia’s Central Bank...
CoinEx Charity’s Effort to Support Education Is Appreciated by Kacuv
19.4.2023
PRESS RELEASE. Recently, CoinEx Charity has kicked off its second educational welfare program in Türkiye. In the first program, all the students receiving donations have continued their studies in the new semester. Since last year, CoinEx Charity has participated in the Umudum Scholarship Program...
Chip Giant Intel Abandons Bitcoin ASIC Production
19.4.2023
After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that...
US Lawmaker Introducing Legislation to Remove SEC Chairman Due to ‘Long Series of Abuses’
19.4.2023
A U.S. lawmaker has announced that he is introducing legislation to remove the Securities and Exchange Commission (SEC) chairman in order to “correct a long series of abuses.” The SEC, under Chair Gary Gensler, has been heavily criticized for its enforcement-centric approach to regulating...
Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump
19.4.2023
It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether...
Russian Foreign Minister Sergey Lavrov Explains ‘Multipolar’ World View in Brazil
19.4.2023
Sergey Lavrov, the Russian foreign minister, started his tour of Latin America on April 17, landing first in Brasilia to hold high-level talks with Brazilian President Luiz Inacio ‘Lula’ da Silva and Brazilian Foreign Minister Mauro Vieira. Lavrov insisted that Russia was building...
Strategists: US Dollar’s Reserve Currency Status Eroding at ‘Alarming Pace’
19.4.2023
Asset management firm Eurizon SLJ’s strategists have warned that the erosion of the U.S. dollar’s global reserve currency status has accelerated at an alarming pace in recent years, especially following the onset of the Russia-Ukraine war. They noted that the USD has declined 8% in one year...
BRICS De-Dollarization Push, China, and Crypto Threaten US Dollar’s Dominance: Analyst
19.4.2023
Fitch Solutions’ global head of country risk has named the rising adoption of cryptocurrencies, the de-dollarization efforts by the BRICS countries, and China’s rising “economic might” as key factors that erode the U.S. dollar’s dominance over time. He cautioned that...
Robert Kiyosaki Expects Bitcoin’s Price to Keep Rising — Says ‘I’m Betting on It’
19.4.2023
The author of Rich Dad Poor Dad, Robert Kiyosaki, expects the price of bitcoin to keep rising. “I’m betting on it,” he said. Kiyosaki also shared that he bought 60 bitcoin when the price of the cryptocurrency was at $6,000 per coin. Robert Kiyosaki Expects Bitcoin’s...
Volt Inu is Ready to Launch VoltiEco the AI-Powered Ecosystem
19.4.2023
PRESS RELEASE. Volt Inu announced on Twitter on April 18, 2023, that it would launch VoltiEco within the following 3 weeks. VoltiEco, an AI-powered ecosystem, will collect existing and upcoming crypto protocol airdrops to sustain the Volt Inu ecosystem by rewarding holders and ensuring project...
Former US President Donald Trump Launches Second NFT Card Collection
18.4.2023
On April 18, former U.S. president Donald Trump announced a second series of his digital Trump card collection, following the “great success” of his initial non-fungible token (NFT) trading cards. Despite selling out rapidly, Trump stated on Truth Social that he maintained the initial...
ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations
18.4.2023
There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can maintain its debt obligations. However...
SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities’ in Bittrex Lawsuit
18.4.2023
According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news follows the SEC’s designation of several crypto...
Biggest Movers: LINK Jumps to 6-Month High, LTC Back Above $100
18.4.2023
Chainlink rose to a six-month high in today’s session, as crypto markets moved back into the green on Tuesday. Markets were buoyant following stronger than expected Chinese growth data, with the global market cap up 0.45% as of writing. Litecoin also climbed, hitting a two-month high in...
NBA Hall of Famer Shaq Served in FTX Investor Suit
18.4.2023
A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along with other public figures and the platform’s founder, of defrauding people who put money into FTX....