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Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says
12.5.2023
Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority slowed the pace of its rate hikes last week while indicating that it’s still early for a pause....
Investment Analyst Warns Successful BRICS Currency Could Hurt US Living Standards
11.5.2023
Investment analyst Jon Wolfenbarger has warned that a successful BRICS currency could hurt U.S. living standards and “lead to less power for the U.S. government, similar to the weakening of the UK after World War II.” He stressed: “Due to the Russia-Ukraine war and China’s continued economic...
Urbit, a Network Older and Weirder Than Bitcoin, Finally Turns Toward Growth
10.5.2023
The peer-to-peer network started in 2002 says it's taking on "MEGACORP," much in the same vein as many blockchain networks. A bit more fun are the "secret code names" that users are assigned
Bitcoin-Based Meme Coin Growth Disrupts Binance, Drives Up Fees
9.5.2023
A rapid growth in meme coins issued on the Bitcoin blockchain has caused a surge in transaction fees and disrupted withdrawals from Binance.
The growth in Bitcoin transaction fees has in recent days gone parabolic, with the average fee level hitting as high as $19 on Sunday and then $30.9...
DCG Looks to Refinance Outstanding Genesis Obligations, Raise Growth Capital
9.5.2023
The crypto conglomerate may owe its bankrupt lending division hundreds of millions in loan payments
Experts: Pepe coin price could drop hard as DigiToads presale is getting exponential growth
9.5.2023
Although memecoins offer the potential for life-changing gains, knowing when to buy and sell is more important than getting in at the right time. There’s no point getting in early if you sit on a memecoin with no utility until it smashes its all-time high and then fades into obscurity. ...
Bitcoin’s BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days
7.5.2023
Four days ago, the market capitalization of all the BRC20 tokens built on top of the Bitcoin network was a modest $95 million. However, over the past four days, the BRC20 market valuation has seen tremendous growth, increasing by 192% and reaching $279 million. More Than 13,000 BRC20 Tokens Built...
Digital Assets for 1 Billion Rubles Issued in Russia in a Month
7.5.2023
Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional capital. Russia’s...
US Banking Crisis Looms as ‘Credit Tightening’ Mentions Reach Record Highs on Company Calls
5.5.2023
Recent data reveals that while the banking industry in the U.S. is facing significant challenges, executives are mentioning “credit tightening” more frequently in earnings calls than during the 2008 financial crisis. Additionally, Google Trends data indicates a surge in search queries...
Crypto Regulation Halts Growth of S Korean Web3 Unicorns, Warns Professor
5.5.2023
A leading South Korean professor says that restrictive crypto laws are stopping Web3 unicorns from growing in the nation.
The expert also claimed that banks and other financial market players should be allowed to move more freely in the crypto market.
According to EDaily, the Web3 comments came...
Coinbase reports 23% growth in 2023 Q1 financial results
5.5.2023
Coinbase recently released its much-awaited financial report for the 2023 Q1. The exchange has noted a massive 23% growth in its revenue, reaching 773 million dollars. The amount was a welcome surprise since expert analysts had expected its revenue to revolve around 655 million dollars. Despite...
Blockstream Infrastructure Firm Foresees Rapid Growth in Bitcoin's Layer 2 Technologies
4.5.2023
An engineer at the Bitcoin-focused development firm Blockstream has said she sees a “Cambrian explosion” coming for the development of layer 2 technologies on the Bitcoin network....
Read More: Blockstream Infrastructure Firm Foresees Rapid Growth in Bitcoin's Layer 2 Technologies
UK reviews AI development: It can ‘drive substantial economic growth’
4.5.2023
The U.K. Competition and Markets Authority says it will be examining the development and deployment of AI and its social impact
CEX trading volumes decline in April after months of growth: Kaiko
4.5.2023
After three months of consecutive growth, centralized exchange trading volumes fell to their lowest this year in April
DigiToads eager to surpass Uniswap and Conflux in price growth
3.5.2023
The crypto market abounds in new projects coming to life. One of the main topics of interest in the crypto community nowadays is DigiToads (TOADS), a new entrant that has captured all the attention thanks to its staggering growth prospects. Read on to find out what DigiToads (TOADS) is and whether...
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...
William Wendt, Ecosystem Growth Manager at Oasis, on Web3 Decentralized Infrastructure, Privacy, and Security | Ep. 226
2.5.2023
In an exclusive interview with cryptonews.com, William Wendt, Ecosystem Growth Manager at Oasis, talks about how blockchain is open and transparent, the intersection of AI and web3, and user protection in the web3 ecosystem....
Read More: William Wendt, Ecosystem Growth Manager at Oasis, on Web3...
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,...
Bitcoin Use Cases Are Seeing ‘Explosive Growth,' Trust Machines Says
28.4.2023
Ripple Sold $336M Worth of XRP Tokens in Q1; Reports Strong XRPL Growth
28.4.2023
Ripple has continued to sell XRP only in connection with its international transaction product