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UBS Offers 3 Reasons to ‘Buy Gold Now’ — Forecasts All-Time High This Year
22.5.2023
Global investment bank UBS has provided three reasons for investors to “buy gold now.” Expecting gold to break its all-time high later this year, the Switzerland-based investment banking giant has retained its “most-preferred rating” on gold. UBS Sees 3 Key Reasons to Buy Gold Now...
IMF sees room for eNaira improvement in first year assessment
19.5.2023
The world’s second-ever CBDC has yet to reach 1% of Nigeria’s population, according to the IMF assessment
Bitcoin, Ethereum Technical Analysis: BTC Sees Strong Rebound, as Biden Holds Debt Ceiling Talks
18.5.2023
Bitcoin rebounded on Thursday, as markets responded to news that U.S. President Joe Biden held positive talks regarding the debt ceiling. Biden reportedly met with Republican House Speaker Kevin McCarthy, in a bid to find an agreement. Ethereum also rose, moving back above $1,800. Bitcoin Bitcoin...
Berenberg Investment Firm Analyst Sees MicroStrategy as Safer Bet than Coinbase Due to SEC Risk
17.5.2023
An analyst at Berenberg investment firm believes MicroStrategy is now a safer bet compared to Coinbase due to the exchange's regulatory issues.
Mark Palmer, an equity research analyst at Berenberg Capital Markets, said the US Securities and Exchange Commission will likely file an enforcement...
Solana Price Prediction as SOL Blockchain Sees Huge Surge in New Users Following Spike in ETH Gas Fees – Time to Buy?
17.5.2023
The Solana network, a layer-1 smart-contract-enabled blockchain protocol famed for its high transaction throughput and low gas fees, has seen a spike in daily users in recent weeks.
As per data presented by Token Terminal, the number of daily active users on the blockchain recently spiked to...
Exness sees a cyclical downfall in April, sustains the $3T mark in trading volume
12.5.2023
Exness, a retail brokerage firm, has published its numbers for April 2023, revealing that it was able to sustain the mark of $3 trillion in terms of trading volume. It is significant that the brokerage firm was able to sustain the milestone mainly because it registered a fall in the trading volume...
Biggest Movers: LTC Above $80.00, Moving Away From 6-Week Low
11.5.2023
Litecoin was back above $80.00 on Wednesday, as the token climbed away from a recent six-week low. Today’s rise in price sees the cryptocurrency surge for a third straight day, despite recent market volatility. Cardano was also marginally higher. Litecoin (LTC) Litecoin (LTC) jumped back...
FTX Bankruptcy Sees $44 Billion Claims from U.S. Internal Revenue Service
11.5.2023
The US Internal Revenue Service (IRS) has filed tax claims worth a staggering $44 billion against bankrupt crypto exchange FTX and its affiliated entities.
According to recent bankruptcy filings, the IRS has put forth a total of 45 claims against FTX companies related to unpaid taxes which could...
Hungarian Central Bank Sees No Imminent Need for e-Forint
10.5.2023
The EU member is still trying out options for a central bank digital currency that could help the unbanked
Central Bank Digital Currency sees a rise in its adoption
9.5.2023
The arrival of the Covid-19 pandemic has enhanced digital currency adoption across different corners of the world. Interactions, shopping, and education are all included. One segment in specific that has gained major attention is payments – these are done digitally by customers, no matter...
Warren Buffett Sees ‘No Option’ Other Than US Dollar as Reserve Currency, but Warns Fed Can’t ‘Just Print Money Indefinitely’
8.5.2023
Warren Buffett, CEO of Berkshire Hathaway and one of the most renowned investors in the market, stated that he saw no viable option to become the world’s reserve currency besides the U.S. dollar. However, he warned about the dangers that printing too much money could bring to the strength...
U.S. Regulatory Crackdown Sees Institutional Investors Prefer Gold to Bitcoin: JPMorgan
5.5.2023
This year’s 76% bitcoin rally appears to have been driven by retail buying, the report said
Sui Blockchain Price Prediction as SUI Token Launches on Binance Exchange and Sees $1 Billion Trading Volume in 24 Hours
4.5.2023
Sui launched its mainnet yesterday, with the layer-one blockchain seeing its native SUI token surpass $1 billion in 24-hour trading volume on Binance.
As of writing, SUI's price stands at $1.33, with the proof-of-stake token initially being offered at $0.10 as part of a public sale to users...
IMF Chief Warns of More Weaknesses in US Banking Sector — Sees ‘Gradual’ Shift Away From US Dollar
4.5.2023
International Monetary Fund (IMF) Managing Director Kristalina Georgieva expects “more vulnerabilities” in the U.S. banking sector amid a growing de-dollarization trend worldwide. “There has been a gradual shift away from the dollar,” the IMF chief acknowledged. U.S. Banking...
SUI mainnet goes live as token sees immediate action on Binance, OKX, others
3.5.2023
The total supply of the SUI token is capped at 10 billion coins, with tokens running on delegated Proof-of-Stake, or dPoS, consensus algorithm
Tradfi Sees Opportunity in Crypto Despite ‘Red Wedding,’ Burning Buildings
27.4.2023
Institutional investors are salivating over opportunities in growth equity and depressed tokens that took an undeservingly excessive hit during crypto's bear market, market participants said during Wednesday's Consensus 2023 event
Kristin Smith Sees 'Bright' Outlook for U.S. Crypto Policy
26.4.2023
Ethereum Staking Sees Record Weekly Inflows Worth Over $1 Billion – What Next for the Ether (ETH) Price?
26.4.2023
In a record week for Ethereum staking, investors moved over 570,000 Ether (ETH) tokens into the blockchain’s staking smart contract last week, according to a Dune analytics dashboard.
That’s over $1 billion worth of Ether tokens and marked the fastest weekly pace of ETH deposits into the staking...
Bitcoin-Tether Pair Is Most Liquid on Binance Even as TUSD Pair Sees Higher Volumes
25.4.2023
Trading volumes in the BTC/TUSD pair have surged over the past four weeks after the crypto exchange introduced zero trading fees for it
Round 3 of post-Shapella ETH withdrawals sees most re-staked: Data
25.4.2023
Another chunk of ETH has been withdrawn due to Kraken, but most of it has gone straight back onto the network