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Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest Rates
16.1.2022
The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled. ECB Sees No Reason...
Spanish lawmaker sees opportunity amid Kazakhstan’s Bitcoin mining collapse
10.1.2022
As the Bitcoin mining industry matures, it will seek stable political environments and stable energy sources
Mike Novogratz Says Bitcoin Should Bottom Around $40K, Sees ‘Tremendous’ Demand From Institutional Investors
10.1.2022
Galaxy Digital CEO Mike Novogratz expects the price of bitcoin to bottom at around $38K-$40K. “I know big institutions who are going through their process to put positions on. They’re going to see those as attractive levels to buy,” he said. Mike Novogratz on Future Outlook...
JPMorgan Shares Predictions on Crypto Markets, Ethereum’s Upgrades, Defi, NFTs
10.1.2022
Global investment bank JPMorgan has published a report on the future outlook of crypto markets, including Ethereum’s upgrades, decentralized finance (defi), and non-fungible tokens (NFTs). The bank sees “the cryptocurrency markets as increasingly relevant to financial...
Saxo Sees Dip In December FX Demand, Equities Soar 49%
7.1.2022
The trading numbers for Equities and Foreign Exchange are out. Saxo Bank has published them, enabling everyone to access data at their convenience. It does not look good for Foreign Exchange. A downward trend is worrisome. One can deal with the monthly downfall, but a Year-on-Year fall creates...
Airbnb Explores Crypto Payments — CEO Sees ‘a Revolution Happening in Crypto’
5.1.2022
Popular travel website Airbnb could soon accept cryptocurrencies for payments, CEO Brian Chesky has hinted. “Like the revolution in travel, there is clearly a revolution happening in crypto,” he added. Airbnb’s CEO Says ‘There Is Clearly a Revolution Happening...
Adidas Originals NFT Compilation Enters Top 50 Collections by Volume, Close to $60M in Sales in 18 Days
4.1.2022
Less than 20 days ago, the German multinational sneaker and sportswear corporation Adidas launched the company’s Adidas Originals non-fungible token (NFT) collection and since then the NFT compilation has surged into the top 50 NFT collections in terms of sales. Adidas NFT Collection Sees...
OpenSea Sees Massive Volume, Collections Gain Popularity as NFTs Boom in 2022
4.1.2022
After a record-breaking year in 2021, the market for non-fungible tokens (NFTs) is still not showing any signs of slowing, with NFT marketplace OpenSea seeing one of its best days on record on Monday, and sales of the popular Bored Ape Yacht Club collection crossing the USD 1bn mark....
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Despite Negative Mining Malware Press, Privacy-Focused Crypto Monero Jumps 36% in 2 Weeks
1.1.2022
The privacy-centric crypto asset monero has seen significant gains during the last two weeks, jumping 36% in value against the U.S. dollar. Despite the negative press from the “Spider-Man: No Way Home” torrents with monero mining malware, seven-day statistics indicate the crypto asset...
Bitcoin sees 'non-stop' end-of-year buying as 10K BTC leaves Coinbase in a single day
31.12.2021
Coinbase users appear hungry for coins as a trading firm forecasts a "major flippening" in BTC ownership coming in January
Sandbox COO Sees Ethereum Metaverse Game as Digital Nation
30.12.2021
Virtual land sales have surged significantly in 2021. A major reason behind the popularity is the trend brought by crypto-based games and Facebook’s surprisingly quick adoption of the metaverse. Among the sudden rush, users cannot forget that names like Axie Infinity, Decentraland, and The Sandbox...
India’s Central Bank RBI Discusses Digital Currency and CBDC Launch With Minimal Impact on Monetary Policy
29.12.2021
India’s central bank, the Reserve Bank of India (RBI), says a basic central bank digital currency (CBDC) model must be adopted initially and tested comprehensively to minimize the impact on the country’s monetary policy and banking system. The Indian apex bank sees several benefits...
Genesis Trading Sees ‘Strong Signs’ of Institutional Crypto Investment Growth Accelerating Next Year
29.12.2021
Genesis Trading’s head of market insights says that the institutional investment growth in the crypto space over the last 12 months “has been astonishing.” The executive added: “We’re seeing strong signs of that accelerating over the next year.” Strong...
Billionaire Ray Dalio Sees Limitation on Bitcoin’s Price, Doubts BTC Can Reach $1 Million
28.12.2021
Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, says it’s not possible for the price of bitcoin to reach a very high number, such as $1 million. He explained: “Logically … there’s a limitation on its price...
Kadena Sees Christmas Rally with Yield Farming, NFTs in Focus
27.12.2021
Ethereum (ETH) wannabe competitor kadena (KDA) has continued to soar higher in the market over Christmas on hopes that the protocol will bring improvements to everything from smart contract creation to non-fungible token (NFT) trading.
As of 10:37 UTC, KDA traded at USD 15.31, up 12% for the past...
Nintendo Switch eShop Sees Big Server Issues Christmas Morning
25.12.2021
Across the country, folks everywhere are unwrapping their new Nintendo portable hardware, booting up their accounts, and trying to buy new digital games. But over the last few hours, per social media, the Nintendo Switch storefront known as the eShop has been in and out of commission. Sometimes...
Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype
22.12.2021
In advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies in the country’s financial market. The monetary authority also announced that the prototype of the platform for its own digital currency...
BIS Exec Says Defi Is a ‘Wake-up Call’ for Regulators, Global Crypto Policy Expected in 2022
20.12.2021
A Bank of International Settlements (BIS) executive, Benoît Cœuré, says that crypto is “growing very fast” and ”becoming mainstream in different ways.” Emphasizing that decentralized finance (defi) is a “wake-up call” for financial...
USDC Sees Native Launch on Avalanche
17.12.2021
USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly...
Investment Adviser Bernstein Sees Crypto as a ‘Monster’ Bubble — Warns Markets Could Drop 90%
15.12.2021
The CEO of investment management firm Richard Bernstein Advisors warns that cryptocurrencies are the biggest financial bubble in history. He advises investors to stay away from “bubble assets,” which include cryptocurrencies. Investment Adviser Sees Cryptos as the Biggest Financial...