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U.S. CPI Inflation Trended Lower in November, Rising 3.1% From a Year Ago
12.12.2023
This morning's inflation data
Ether Supply Hits Lowest Level Since Shanghai Upgrade, Decreasing by Over 309,500 Coins
12.12.2023
Source: Adobe The supply of Ether has hit a new low since the historic Shanghai upgrade of the Ethereum (ETH) network, witnessing a decline of more than 309,500 coins since September last year. According to data from Ultra Sound Money, nearly 1.195 million ETH have been burned since the transition...
Crypto Exchange Bitget Records 20% Surge in New Users with 89% Buying Bitcoin in December
12.12.2023
Source: Pexels In the opening week of December, crypto exchange Bitget witnessed a significant surge in new user registrations, surpassing the entire count for December of the previous year by 20%. In a press release shared with CryptoNews, the crypto exchange revealed that 89% of these new users...
Decrypt and Rug Radio Announce Merger, Will Create Global Web3 Publishing Company
11.12.2023
Source: PixabayCrypto news site Decrypt and decentralized media project Rug Radio will merge operations next year, with the goal of creating a global Web3 publishing company. In a joint press release on Monday, the companies announced that the merger would result in the creation of [REDACTED],...
Goldman Sachs Predicts First Fed Interest Rate Cut in Q3 2024 – How Will Crypto Markets React?
11.12.2023
Source: Pixabay Banking giant Goldman Sachs projects two interest rate cuts in the United States by the Federal Reserve in 2024 with the first to be announced in the third quarter. A recent Reuters report states Goldman Sachs sees two rate hikes next year citing cooling inflation after...
Binance P2P to Discontinue Russian Ruble Trading Pair From January 31 Next Year
11.12.2023
Source: Iryna Budanova/Adobe Digital asset exchange Binance has announced a discontinuation of the Russian Ruble trading pairs on its peer-to-peer (P2P) platforms from Jan 31, 2024. In a Dec 11 official announcement, the company disclosed that it would no longer support the Russian Ruble trading...
Solana (SOL) and Retik Finance (RETIK) are the two strongest tokens for 2023
11.12.2023
As we navigate the ever-evolving crypto landscape, the question inevitably arises: which tokens offer the most promise for significant growth and impact in the coming year? While numerous contenders seek attention, two projects stand out among the rest: Solana (SOL) and Retik Finance (RETIK). While...
Bitcoin Price Prediction: BTC Surges, Outshining Gold in 2023 Rally
10.12.2023
Bitcoin (BTC), the flagship cryptocurrency, is currently trading at $43,850, marking a slight decrease of nearly 0.50% on Sunday. Despite this minor dip, Bitcoin’s performance this year has been nothing short of stellar, outshining traditional safe-haven assets like gold. In 2023, Bitcoin...
Bitcoin Outshines Gold: Digital Asset Surges 166% in 2023, Dwarfing Gold’s Modest 9% Gain
9.12.2023
Gold achieved a record high of $2,117 per troy ounce on Dec. 3, 2023, yet its price per ounce has decreased by 5.33% in the previous week. Despite hitting this unprecedented peak, its year-to-date increase against the U.S. dollar is relatively modest at 9.9%. In contrast, bitcoin, the leading...
Japan Mulls Exempting Companies From Paying Taxes on Unrealized Cryptocurrency Gains
9.12.2023
Japan is considering exempting corporations from paying unrealized gains income taxes related to cryptocurrency holdings. The measure, proposed as part of a reform in Japan’s tax code, would allow companies to avoid paying taxes for cryptocurrencies even if their market value changes during...
Best Crypto to Buy Now December 8 – Cardano, BONK, Pyth Network
9.12.2023
ADA, BONK, and PYTH surge to new highs as investors seek the best crypto to buy now. Image by cryptonews.com. With a powerful surge so far today, the ADA price achieved a new year-to-date high, drawing the attention of analysts who endorse Cardano as one of the best cryptos to buy now. BONK...
The Best Part Of The Game Awards This Year Was The Fashion
8.12.2023
Last year, I caused a bit of a ruckus by saying the fashion at The Game Awards was indicative of the industry’s identity crisis. I lamented the t-shirt and blazer uniform and begged the men of the industry to do better. And though I said this not long before the 2022 awards show was set to kick...
U.S. Congress Excludes Crypto Provisions in Final Defense Bill
8.12.2023
U.S. Congress released the National Defense Authorization Act for 2024 this week, but failed to include crypto provisions in the critical piece of legislation. A “must-pass” bill The National Defense Authorization Act for the Fiscal Year of 2024, or FY24 NDAA, missed the boat in regards...
XRP Price Prediction as XRP Spikes Up 3% Suddenly – Are Whales Buying?
8.12.2023
In a remarkable show of resilience, Ripple’s XRP coin continues its upward trajectory, consistently maintaining a robust position around $0.6479. The coin’s substantial growth throughout the year can largely be attributed to the growing optimism surrounding the possible resolution...
Top Miners Spend $1.2 Billion In Pre-Halving Machine Shopping Spree + More News
8.12.2023
Source: AdobeStock / arinahabich Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Top Miners Spend $1.2 Billion In Pre-Halving Shopping Spree UK Crypto Market Grew 137% in a Year, Surpassing...
Nigerian Crypto Firm Bitmama to Pay $1 Million for Startup That Raised $3 Million in February
8.12.2023
The Nigerian crypto platform Bitmama is reportedly set to acquire the African remittances startup Payday for $1 million. Reports of Payday’s acquisition come almost a year after the startup raised $3 million in a funding round. Bitmama’s Pivot From Crypto The Nigerian crypto platform...
Bitcoin ETF in Q1 and Bitcoin Price All-Time High in Q4: VanEck Predictions 2024
8.12.2023
Source: DALL·E VanEck, a prominent investment management firm, has released a set of 15 cryptocurrency predictions for the year 2024, casting a spotlight on potential significant developments in the digital asset space. The firm’s report offers a detailed outlook, highlighting key predictions...
El Salvador Could Rake In $1B Bitcoin Investment per Year With New ‘Freedom VISA’
8.12.2023
The country’s treasury owns just over 2,700 bitcoin (BTC), which has yielded over $3 million in unrealized profit so far
Matrixport's $45K End of Year Target for Bitcoin Looks to Be Accurate
8.12.2023
2023 has been a five-phased bitcoin rally, Matrixport says in a report
Here Are All Of The 2023 Game Award Winners (And Losers)
8.12.2023
And so the dust settles on another Game Awards. Geoff Keighley’s annual trailer-a-thon once again included some game awards shoved in between all the ads and teasers. If you want to know who won what (and who lost), we’ve got you covered. Read more