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Goldman Sachs Lowers US Recession Risk to 20%
19.8.2024
Goldman Sachs economists have lowered the likelihood of a U.S. recession within the next year from 25% to 20%, citing recent data on retail sales and jobless claims. If the upcoming August jobs report, scheduled for release on September 6, shows favorable results, the probability of a recession...
UBS Urges Caution Despite Positive US Economic Data
18.8.2024
UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales, eased concerns about a potential recession. Despite the encouraging consumer resilience, UBS cautioned that the risk of a significant economic slowdown remains, especially...
Peter Schiff Urges the Fed to Raise Rates and Let Markets Crash
18.8.2024
Economist and gold advocate Peter Schiff has recommended that the Federal Reserve raise interest rates instead of cutting them, even if it leads to a market crash. He acknowledged that this approach would likely cause stocks and real estate to crash, result in a hard landing, and trigger...
Digital Payments Platform Flexa Launches Crypto Point-of-Sale Tool
16.8.2024
Flexa Components will allow retailers to accept crypto payments like USDC at the point of sale
Memecoin ‘retail mania’ could go the way of ICOs and NFTs, say execs
14.8.2024
Memecoins are a great way to attract people to crypto, but the jury’s out on whether they’ll maintain their current momentum
Pump.fun hits record $28.7 million monthly agreement income for July
13.8.2024
The memecoin creation platform's record monthly income showcases the growing retail interest towards Solana-based memecoins like WIF and BONK
Bitcoin new addresses hint at ‘renewed interest’ from retail investors
9.8.2024
Retail investors could be coming back into the market after a recent upward trend in new Bitcoin addresses
Former SEC Official Urges 15,000 Morgan Stanley Advisors to ‘Say No’ to Bitcoin ETFs, Citing ‘Mammoth Risk’
9.8.2024
The U.S. Securities and Exchange Commission’s former head of internet enforcement, John Reed Stark, has raised concerns about Morgan Stanley’s 15,000 financial advisors promoting cryptocurrency investments, citing risks to retail investors and potential career consequences for advisors....
Bitcoin Premium Climbs to 6% in South Korea Amid Market Turbulence
7.8.2024
On Wednesday, at approximately 4:11 p.m. EDT, bitcoin’s value against the U.S. dollar stood at $54,709 per unit, reflecting a 3.41% decrease over the preceding 24 hours. Concurrently, in South Korea, the price of bitcoin was $57,027 per coin, representing a 4.23% premium. According to data...
Xapo Bank Enters UK Market, Offers Interest-Bearing USD and Bitcoin Account
5.8.2024
Xapo Bank has entered the UK market, becoming the only licensed banking group to offer a combined interest-bearing USD and bitcoin account. “We’re proud to announce we have successfully passported our banking license into the UK. This means we are allowed to offer our banking services...
Hong Kong’s Largest Online Broker Launches Retail Crypto Trading for 22 Million Users
2.8.2024
Futu Securities International, Hong Kong’s largest online broker with 21.64 million users, has launched retail cryptocurrency trading. Hong Kong residents can now trade bitcoin and ether in either Hong Kong or U.S. dollars directly through Futu’s platform. “We are actively working...
Indian Survey Reveals Impact of Crypto Taxes and Anti-Money Laundering Rules on Investors
2.8.2024
India should consider revising its taxes on crypto and not depend on its anti-money laundering rules to reverse the impact of those high taxes, a survey of Indian investors by a New Delhi-based technology policy think tank revealed
Crypto ready for next phase of adoption: Winning over financial advisers
1.8.2024
Crypto struggles to reach beyond its base. With ETFs now live, financial advisers are key to wider adoption
Crypto ready for the next phase of adoption: Winning over financial advisers
1.8.2024
Crypto struggles to reach beyond its base. With ETFs now live, financial advisers are key to wider adoption
Investor Surveys Reveal Strong Interest in Digital Assets
31.7.2024
Research from EY-Parthenon shows that many institutional and retail investors want to increase allocations to digital assets and digital assets related products, Prashant Kher, Senior Director at EY-Parthenon
Citron crypto-skeptic Andrew Left to face fraud charges
29.7.2024
The crypto-skeptic could spend 25 years behind bars should he be convicted on all 18 fraud-related charges
Ether’s ‘most obvious bullish setup’ is set for H2 2024, says former Wall Street trader
22.7.2024
Other analysts are also expecting a new Ether all-time high after the ETF launch, but the price is struggling to decisively breach the $3,500 mark
Bitcoin ‘real bull run’ out of reach as retail demand metric hits 3-year low
19.7.2024
Retail investor interest in Bitcoin has declined to a three-year low, and Google search interest for Bitcoin is down 57% since BTC reached all-time highs in March
Institutions are more bullish on Ether than retail ahead of ETH ETF launch
16.7.2024
Ether price could double during the 2025 bull cycle, thanks to increased institutional interest introduced by ETH ETFs, according to Bybit’s head of institutions
Taiwan central bank says no rush for CBDC launch
7.7.2024
The central bank mentioned handling government tenders through special purpose tokens to improve operational efficiency using smart contracts for bids and performance bonds