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Jeff Booth Warns of Debt Deflation If Federal Reserve Keeps Hiking Interest Rates
16.1.2023
The author of “The Price of Tomorrow,” Jeff Booth, has warned about debt deflation, calling it a “great depression on steroids,” if the Federal Reserve continues to hike interest rates. He believes that eventually the Fed “will be forced to pivot.” Jeff Booth...
Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count
16.1.2023
Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023, Ethereum processed 1.10 million onchain...
Today in Crypto: Digital Assets Subcommittee in the US, Iran's and Russia's Gold-Backed Stablecoin, UK Sentences Four to 15 Years in Prison
16.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Digital Assets Subcommittee in the US, Iran's and Russia's Gold-Backed Stablecoin, UK Sentences Four to...
Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange
15.1.2023
The body ensuring that consumer rights are respected in Poland has initiated proceedings against a crypto exchange falsely claiming to be Polish. The trading platform also misled customers that it was operating with the regulatory approval of the financial authorities in the country. Belize-based...
Bank of Thailand to allow first virtual banks by 2025
15.1.2023
By allowing virtual banks, Thailand seeks to boost competition and economic growth
Report: Nigeria Debt Management Office’s $48.8 Billion Debt Contravenes the Law Says Expert
15.1.2023
The Nigerian Debt Management Office (DMO) contravened the law when its borrowings exceeded the set limit which is equivalent to $2.2 billion, Adetilewa Adebajo, an international financial markets expert has reportedly said. Adebajo also suggested that the Central Bank of Nigeria governor Godwin...
5 altcoins that could breakout if Bitcoin price stays bullish
15.1.2023
Bitcoin has turned bullish, but is it a dead cat bounce? If BTC bulls keep pace, LTC, OKB, BIT and FTM could see strong rallies
NFT Sales Drop 59% in Second Week of 2023; Ethereum Dominates Top 20 Blockchains with 75% of Sales
15.1.2023
Non-fungible token (NFT) sales have dropped significantly in contrast to the seven days prior, as NFT sales are down 59.35% this week. During the past seven days, $208.68 million in NFT sales were recorded, with $157.20 stemming from the Ethereum blockchain. The top-selling NFT collection this past...
Nexo investigation is not political, says Bulgarian prosecutors
15.1.2023
A spokesperson for Bulgaria’s chief prosecutors denied claims that the investigation was prompted by the company's political donations
Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread
15.1.2023
The former president of FTX US, Brett Harrison, published a 49-part Twitter thread explaining why he left the firm and his relationship with co-founder Sam Bankman-Fried (SBF) of FTX. Before his role at FTX US, Harrison worked with SBF at Jane Street and prior to joining FTX, he worked for Citadel...
Bitcoin fails to convince that bottom is in with $12K 'still likely'
15.1.2023
BTC price optimism is limited at best after multi-month highs, with Bitcoin traders fearing a reversion to macro lows
India's Central Bank Governor Calls Crypto "Gambling," Asks for Blanket Ban Again!
15.1.2023
India’s central bank governor has once again expressed skepticism toward cryptocurrencies, saying these assets are “nothing but gambling” and asking for a blanket ban.
Speaking at a Business Today event, Shaktikanta Das claimed cryptocurrencies don't have any intrinsic value and their perceived...
House Republicans to Set New Subcommittee on Crypto, Will Have Key Role in Developing Bills
15.1.2023
The House Republicans have announced the formation of a new subcommittee dedicated to cryptocurrencies and blockchain technology. This subcommittee will have a key role in developing legislation and regulations that will govern the use of these technologies.
House Republicans are set to form...
Navigating the World of Crypto: Tips for Avoiding Scams
15.1.2023
From "pig butchering" to phishing, there are myriad ways that scammers try to take advantage of crypto users
Bankman-Fried’s Lavish Lifestyle Allegedly Revealed, Cuban Warns of Wash Trade Implosion, Experts Expect Soaring Gold Prices in 2023 — Week in Review
15.1.2023
More information has come to light allegedly revealing the lavish lifestyle of FTX co-founder and “altruist” Sam Bankman-Fried, as the failed former crypto exchange CEO also fights for Robinhood shares he says he needs more than customers. In other news, Shark Tank star Mark Cuban...
GMT Price Up Another 8% to $0.471 Today as STEPN Bull Run Continues, But is Fight Out the Better Alternative?
15.1.2023
STEPN's bull run continues as the price of GMT tokens has just gone up 8% to $0.471 in the last 24 hours. This marks another significant milestone for the digital currency, which has seen its value increase exponentially in recent months.
With increasing investor confidence and a growing user...
The aftermath of LBRY: Consequences of crypto’s ongoing regulatory process
15.1.2023
What could the case of LBRY mean for future token projects in the United States?
Meta Masters Guild Crypto Presale Raises $200k – Only 5 Days Left to Benefit From 42% Price Hike
15.1.2023
The latest play-to-earn games platform, Meta Masters Guild, has raised $200,000 from eager investors just four days after its presale began.
The project styles itself a guild and its mission is to become the go-to ecosystem for mobile-centric play to earn games.
Interest in crypto gaming...
Ukraine’s Tascombank Pilots Stellar-based E-hryvnia
15.1.2023
Tascombank, one of the oldest banking institutions in Ukraine, has completed the pilot testing of a digital currency based on the Stellar network. The bank believes that its electronic money platform represents an economically viable implementation of blockchain technology. Tascombank Conducts...
Former FTX US President Brett Harrison Details fallout with SBF in ‘Disputes Over Management Practices’
15.1.2023
Brett Harrison, former president of FTX US, has revealed that he left the crypto exchange due to a deteriorating relationship with Sam Bankman-Fried and his deputies over management practices.
In a long Twitter thread on Saturday, Harrison shared some details regarding his time in FTX US, the...