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Fed Preview: Bitcoin Investors to Look Past Jumbo Rate Hike and Focus on Economic Assessment and Borrowing Cost Estimates
21.9.2022
The economy has remained stronger than policymakers expected in July. So hawkish risk is that chairman Powell says the inflation fight is still in early stages, implying a higher terminal or peak rate
Report: Quebec’s Mohawk Council of Kahnawake Seeks Energy to Power Crypto-Mining Opportunities
19.9.2022
According to a report from Canada’s Local Journalism Initiative, members of the Mohawk Nation from Kahnawake are looking into using electricity from Hydro Quebec in order to power cryptocurrency mining operations. The Mohawk Council of Kahnawake (MCK) created a new organization to research...
Trudeau Criticizes Opponent’s Crypto Advice, Kiyosaki Pushes the Assets Ahead of the ‘Biggest Economic Crash in History’ — Bitcoin.com News Week in Review
18.9.2022
Canadian Prime Minister Justin Trudeau has criticized the new leader of the Conservative Party of Canada for his supposedly irresponsible crypto advice, as Rich Dad Poor Dad author Robert Kiyosaki gives cryptocurrency advice of his own ahead of what he sees as the “biggest economic crash...
Crypto Payment Infrastructure Firm Opennode to Test Bitcoin Payments in Bahrain
18.9.2022
Opennode, a bitcoin payment infrastructure firm, recently said it will run trials of its bitcoin processing and payout solution through the Central Bank of Bahrain’s regulatory sandbox. According to Dalal Buhejji, an executive director with the Bahrain Economic Development Board, the central...
Web3 Gaming Still Growing Despite Economic Woes, According to Dappradar Report
14.9.2022
According to a recent report produced by Dappradar, the Web3 gaming industry has managed to raise $750 million since August 1st in spite of the crypto downturn, with several important projects registering positive numbers regarding sales and activity. Web3 Gaming Industry Thriving Amidst Economic...
Robert Kiyosaki Urges Investors to Get Into Crypto Now, Before Biggest Economic Crash in World History
14.9.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has urged investors to get into crypto now, predicting that the biggest economic crash in world history is incoming. “Now is the time you need to get into crypto,” he stressed. Robert Kiyosaki Says Now...
Bitcoin's Correlation With Stocks Comes Back as Economic Factors Roil Markets
9.9.2022
Bitcoin and stocks are almost trading in tandem again – as risky asset markets move in response to fresh developments in the economy and international affairs
UK economic secretary commits to make country a crypto hub under new PM
8.9.2022
“We want to become the country of choice for those looking to create, innovate and build in the crypto space," said MP Richard Fuller
Putin Threatens to Let Europe ‘Freeze’ — Russian President Warns ‘We Will Not Supply Gas, Oil, Coal, Heating Oil’
8.9.2022
Following the discussions concerning the inter-governmental political forum Group of Seven (G7) pledging to impose price caps on crude oil and the European Commission talking about fixing electricity prices, Russian president Vladimir Putin explained on Wednesday that Russia will not supply...
Trezor and Wasabi to Implement a Coinjoin Mixing Scheme Into Hardware Wallets
7.9.2022
This week, the hardware wallet manufacturer Trezor, and the non-custodial bitcoin wallet with a built-in Coinjoin mixer, Wasabi, revealed the two teams are working together to introduce Coinjoin mixing into hardware wallets. On Sunday, Wasabi tweeted “hardware wallet Coinjoins are coming...
Binance Partners With Nigerian Authorities to Launch Dubai-Like Digital Economic Zone
5.9.2022
Major crypto exchange Binance is expanding its presence in Africa by launching a partnership with Nigeria’s authorities to build a Dubai-like digital economic zone. ...
Read More: Binance Partners With Nigerian Authorities to Launch Dubai-Like Digital Economic Zone
Nigeria, Binance in early-stage talks for crypto-friendly economic zone
5.9.2022
The proposed partnership aims to build a crypto-friendly digital city similar to the virtual free zone in Dubai
India Surpasses UK as World’s 5th Largest Economy Based on IMF Data
4.9.2022
India is now the world’s fifth-largest economy after surpassing the U.K., the latest data from the International Monetary Fund (IMF) shows. India’s former chief economic advisor expects the country to become the world’s third-largest economy by 2028-30. India Becomes...
Brazilian Cryptocurrency Exchange Mercado Bitcoin Lays Off 15% of Workforce Due to Global Economy Woes
3.9.2022
Mercado Bitcoin, one of the biggest Brazilian cryptocurrency exchanges, has announced a new wave of layoffs amidst a worsening global economic situation for fintech startups, which the exchange states is affecting innovation-based companies. The exchange laid off 15% of its workforce on September...
More than 50% of reported Bitcoin trading volume is 'likely to be fake or non-economic' — Report
2.9.2022
A Forbes analysis of 157 exchanges revealed Bitcoin trading volume may not match up to what the companies claim, particularly if they're small or unregulated
Market Strategist Expects Stock Market to Drop 50% From Here, Says There’s ‘Going to Be No Middle Class Left’
28.8.2022
Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies, and precious metals slid significantly in value. Over $240 billion was erased from the crypto market and the Crypto Fear and Greed Index continues to slide...
Powell Says Fed’s Battle With Inflation Will Bring ‘Some Pain,’ After Insisting Last Year Elevated Inflation Is ‘Likely to Prove Temporary’
27.8.2022
On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the U.S. central bank is focused on fighting the country’s red-hot inflation. Powell stressed at the event that strict monetary policy is necessary, and his commentary...
Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts Say
25.8.2022
The changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of legislation tailored to regulate cryptocurrency mining in Russia. According to a report quoting industry watchers, these factors...
Moody’s States Inflation Is Affecting Economic Recovery in Part of Latam
25.8.2022
Moody’s, the asset quality rating agency, has warned the high rate of inflation that some countries are facing in Latam will affect the economic recovery in the region. Brazil, Chile, and Mexico are said to be the countries more affected by this phenomenon, and their recovery will depend...
Report: East African Single Currency Unlikely to Be Introduced by 2024
25.8.2022
There are growing doubts about the regional economic bloc known as the East African Community’s ability to successfully launch a single currency by 2024, a report has said. One of the reasons for this is member states’ delays in meeting targets as set out in the roadmap. Attainment...