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Meme Token Carnage — DOGE, SHIB Prices Sink Lower, Dogecoin Down 82% Since Last Year
8.5.2022
Today’s top meme coins have lost 4.8% in value against the U.S. dollar, as the crypto market carnage has wreaked havoc across the entire digital currency economy. While dogecoin had a phenomenal year in 2021, over the past 12 months, dogecoin lost 82.8% against the USD. DOGE Tapped...
Catching the Falling Knife: Bitcoin, Ethereum Down 50% From All-Time Highs — Billions Leave Crypto Economy
8.5.2022
The crypto economy has dropped considerably in value during the last five weeks, slipping 23.28% from $2.19 trillion to today’s $1.68 trillion. Furthermore, both bitcoin and ethereum are awfully close to sinking 50% below the all-time highs recorded six months ago. Bitcoin Sinks Lower...
Fed Hopes for ‘Soft Landing’ for US Economy, but History Suggests It Won’t Prevent Recession
8.5.2022
Alex Domash, Research Fellow, Harvard Kennedy School, and Lawrence H. Summers, Charles W. Eliot University Professor, Harvard Kennedy School._____
The Federal Reserve will likely soon learn what gymnasts already know: sticking a landing is hard....
Read More: Fed Hopes for ‘Soft Landing’...
3 Stablecoins Command Positions in the Crypto Economy’s Top 10, Another Fiat-Pegged Token Is Close to Joining
7.5.2022
The last five weeks has been brutal for digital currencies as more than 21% has been shaved off the crypto economy’s fiat value since March 27. While all the crypto assets combined shed roughly 0.8% in the last 24 hours, bitcoin has lost 9.4% since last week and seven day statistics show...
By The Way, Take-Two’s CEO Profits From All Your GTA Online, NBA 2K Microtransactions
7.5.2022
Microtransactions in games like Grand Theft Auto Online have become big business for video game publishers. And it’s likely this won’t be changing anytime soon. New details spotted in a recent contract extension for Take-Two CEO Strauss Zelnick explain that the CEO will earn a big bonus if more...
I Like Bandai Namco's New Logo
5.5.2022
Last year, Japanese publisher Bandai Namco announced that it was doing away with its logo, the same one it had used since the two formerly separate companies had merged all the way back in 2006.Read more
US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the Table
4.5.2022
The U.S. Federal Reserve raised the benchmark interest rate on Wednesday and the increase was the biggest rate hike in two decades. “Inflation is much too high,” the central bank’s chair Jerome Powell said after the Fed raised rates by 0.5%. FOMC Decides to Hike Rate by 3/4...
The creator economy will explode in the Metaverse, but not under Big Tech’s regime
4.5.2022
Independent creators and artists should feel empowered by decentralization and not play by Big Tech’s rules, especially in the Metaverse
Value Locked in Defi Drops Below $200 Billion, April’s Dex Trade Volume Drops 21% Lower Than March
1.5.2022
While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi lost roughly 3.16% during the last day, and the $592 billion in smart contract protocol tokens dropped in value...
U.S. Economy Shrinks Unexpectedly, Amplifying Recession Fears
28.4.2022
Because cryptocurrency prices have recently started to move in correlation with equity markets, a slowdown in economic growth, which might signal an upcoming recession, could affect digital assets including bitcoin (BTC)
Deutsche Bank Predicts Major US Recession Next Year
28.4.2022
Deutsche Bank’s economists have warned that the U.S. will suffer a major recession next year. However, several other major investment banks, including Goldman Sachs and JPMorgan, are less pessimistic about the future outlook for the U.S. economy. Major US Recession Incoming, According...
Meme Token Economy Jumps Close to 10% Higher After Dogecoin Spike Fuels the Pack
26.4.2022
The top meme tokens by market capitalization saw a significant jump on Monday after being fueled by dogecoin’s recent price rise. Crypto meme coins like shiba inu, dogelon mars, and floki inu saw 2-13% gains over the last 24 hours. The entire meme token economy is worth $35.8 billion,...
While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter
25.4.2022
Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve rate hikes and China’s recent Covid-19 outbreak. As equities floundered on Monday,...
As labor struggle takes center stage, can DAOs democratize work?
21.4.2022
DAO structures could provide workers with greater ownership and decision-making opportunities, but how soon will these models be implemented?
Global Impacts and Solutions on the Economy From Covid-19: A Conversation with Dr. Yasam Ayavefe
20.4.2022
Across the world, each one of us has felt the negative impacts of the Covid-19 pandemic. From critical health issues to joblessness, our world is in an unprecedented economic crisis globally. While most of us felt all we could do was quarantine ourselves, we did not have the answers as to why...
Nintendo Worker Files Complaint With National Labor Relations Board
19.4.2022
On April 15, an anonymous employee filed a complaint against Nintendo and contracting company Aston Carter with the National Labor Relations Board. The public case docket lists allegations of coercive statements, discharge, retaliation against concerted activities, and surveillance. Read more
Fed’s Bullard Wants to Raise Bank Rate to 3.5% by Year’s End, Hints at 75 Basis Point Rate Hike
19.4.2022
The 12th president of the Federal Reserve Bank of St. Louis, James Bullard, thinks the U.S. central bank can increase the benchmark bank interest rate by 75 basis points this year. Bullard believes the Fed could raise rates to 3.5% by the fourth quarter of 2022 to combat the red hot inflation...
'There are already digital means of payment:' EU Commission gets 11,000 public comments on CBDC project
19.4.2022
Less than two weeks after the consultation process' start, the prevalent mood in the comments section appears quite negative
Elden Ring Players Are Getting Soft-Banned After Picking Up Hacked Underwear
18.4.2022
There are many dangers in Elden Ring. Walk through any field or turn any corner in the Lands Between and you’re sure to meet an unceremonious end. However, there seems to be something else for players to fear far more than even Radahn himself. That’s Fia’s underwear, the Deathbed Smalls, which...
Global Economy Outlook Cut Again, Another Crypto Exchange Leaves Russia & Belarus + More News
18.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Global Economy Outlook Cut Again, Another Crypto Exchange Leaves Russia & Belarus + More News