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US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco
11.5.2022
As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten the country’s financial stability. Treasury Secretary Janet Yellen brought up the terrausd...
Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied
9.5.2022
The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet in a country that has just exited hyperinflation and still suffers high levels of inflation....
Bitcoin’s Hashrate Taps an All-Time High, Next-Gen Machine Deployment Could Push it Much Higher
4.5.2022
Bitcoin’s hashrate has once again reached an all-time high (ATH) this year, as the network’s processing power reached 275.01 exahash per second (EH/s) on May 2, 2022. The recent ATH follows a significant difficulty jump on April 27, and bitcoin’s value lost 6.2% against...
Dubai Real Estate Developer to Accept Crypto Payments Amid UAE Push for Crypto Hub Status
28.4.2022
Several of the world's biggest crypto exchanges have flocked to the emirates in the last few months
CFTC Sets May Roundtable to Weigh Ideas Sparked by FTX’s Derivatives Push
27.4.2022
FTX’s application to allow for direct clearing of customers’ derivatives transactions has inspired the Commodity Futures Trading Commission to weigh such “non-intermediated” trading in a public roundtable next month
Financial Stability Risks Grow as War in Europe Complicates Push to Contain Inflation
23.4.2022
Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund (IMF)’s Monetary and Capital Markets Department.
__________
While no systemic event has materialized, the balance of risks has tilted more firmly to the downside....
Read More: Financial Stability Risks...
Bitcoin, Ethereum Technical Analysis: ETH Breaks Resistance to Hit 9-Day High
20.4.2022
Bitcoin and ETH both rose to nine-day highs on Wednesday, as bulls continued to push prices higher following yesterday’s rebound. BTC moved into the $42,000 level after breaking a key resistance point, while ETH also climbed beyond its own ceiling of $3,150. Bitcoin BTC rose for a third...
Robinhood acquires British crypto firm Ziglu to push expansion plans
19.4.2022
Robinhood has renewed its global expansion plans by acquiring the British crypto firm Ziglu after aborting its U.K. expansion back in 2020
Economist Predicts the Fed’s Response to Inflation Will Push Crypto Higher
19.4.2022
Allianz Chief Economic Advisor Mohamed El-Erian says that the Federal Reserve’s response to inflation will cause the prices of cryptocurrencies, like bitcoin, to “go higher.” He noted: “That’s what you get when you’ve waited too long to recognize what...
Skynet Trading Launches $40M Fund to Support Elrond Network’s DeFi Push
14.4.2022
After a pair of splashy acquisitions, Elrond is looking to attract more projects
Ethereum Push Notification Service Raises $10M at $131M Valuation
14.4.2022
The company hopes to address the lack of cross-blockchain communication with its protocol
MetaMask’s Institutional Arm Makes Push for DAOs With New Custody Deals
13.4.2022
The ConsenSys-owned wallet provider says it want to bring “all organizations on planet earth into Web 3.”
Bitcoin, Ethereum Technical Analysis: BTC Back Above $40,000 Following Record U.S. Inflation Data
12.4.2022
Bitcoin and ETH both fell below key price levels on Tuesday, as crypto bears continued to push prices lower. Despite this, both have now regained these levels following news that U.S. inflation rose to a record 8.5% year-over-year. Overall, cryptocurrency markets were down 1% as of writing. Bitcoin...
Kava turns bullish as Ethereum Co-Chain launch initiates push toward EVM compatibility
11.4.2022
KAVA price continues to trend upward as excitement builds over the upcoming launch of Ethereum and Cosmos Co-Chains
CEEK VR gains 100%+ as push toward virtual reality and Metaverse development intensifies
9.4.2022
CEEK VR caught investors’ attention after hosting a booth at the Grammy’s, seeing its token listed on major exchanges, and launching new developments in the nascent Metaverse
Altcoin Roundup: Interoperability push puts attention back on Polkadot
8.4.2022
ASTR, ACA and SAITO went on a month-long rally shortly after the Polkadot ecosystem intensified its move toward DeFi and EVM compatibility
Coinbase Focuses on Crypto and Web3 in India — Plans to Hire 1,000 for Indian Hub
5.4.2022
Coinbase is focusing on growing the crypto and Web3 ecosystem in India. “Combined with India’s world-class software talent, we believe that crypto and web3 technology can help accelerate India’s economic and financial inclusion goals,” said CEO Brian Armstrong. Coinbase...
As Opera Challenges Brave Browser with Push Further into Crypto, How Do They Compare?
31.3.2022
The web browser Opera is strengthening its push into crypto by adding browser wallet support for multiple new blockchain networks, including Bitcoin (BTC), Solana (SOL), Polygon (MATIC), and Ronin (RON). The move is another step for Opera in challenging the crypto-native Brave browser as...
Opera’s Crypto Browser to Support Solana, Polygon, StarkEx in Web 3 Push
30.3.2022
Eight more blockchain networks are coming to the Norwegian browser company’s native wallet
WWE Inks Long-Term Deal With Fanatics to Push Official Merchandise, Trading Cards, and NFTs
29.3.2022
The media and entertainment company World Wrestling Entertainment, Inc., otherwise known as WWE, has inked a long-term partnership with the global digital sports platform Fanatics. According to the deal, Fanatics will work with WWE across various ventures such as officially licensed merchandise...