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JPMorgan CEO Jamie Dimon in Favor of Abolishing Debt Limit; States Getting Close to Default Can Cause Panic
11.5.2023
Jamie Dimon, CEO of JPMorgan, stated that he favored abolishing the debt limit, giving the government the faculties to extend its debt without congressional action. Dimon also stated that even the drama surrounding the build-up to extending or not extending the debt limit could cause panic, as...
World’s Largest Regional Organization to Switch to Settlements in National Currencies
29.4.2023
A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a common currency. Shanghai Cooperation...
South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security
24.4.2023
Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product. Despite the recent...
De-Dollarization Trend Irreversible, Flight From US Dollar Sure to Accelerate, Says Russian Official
16.4.2023
Russia’s foreign minister says a flight from the U.S. dollar “is sure to accelerate,” emphasizing that “this trend is irreversible.” The official added: “The path of sanctions is the path to nowhere. Serious countries and sober-minded politicians are drawing relevant...
Monero & Ethereum Classic Updates. Holders bailout in favor of Uwerx 2023 crypto presale
10.4.2023
Crypto holders had a tough time in 2022. As we reach the middle of 2023, we begin under a cloud of massive fear, uncertainty, and doubt as the long crypto winter rages on. For instance, long-term top 50 mainstays like Ethereum Classic (ETC) and Monero (XMR) weren’t immune to the descent into a bear...
Bitcoin derivatives favor further BTC price rally toward $30K
7.4.2023
Bitcoin's price might have held near $28,000 but the absence of shorts using margin and futures markers is a bullish indicator
April Seasonality in Favor of Bitcoin and Stocks
3.4.2023
The first month of the second quarter usually sees bullish environment for risk assets
EU Lawmakers Vote to Impose €1,000 Limit on Unidentified Crypto Transactions
30.3.2023
EU lawmakers have voted in favor of imposing a €1,000 limit on crypto transactions where the customer cannot be identified. “Entities, such as banks, assets and crypto assets managers, real and virtual estate agents, and high-level professional football clubs, will be required to verify their...
EU Lawmakers Vote in Favor of Payment Limits on Anonymous Crypto Wallets
28.3.2023
Crypto rules form part of a money-laundering overhaul supported by the European Parliament Committees
Maximum votes cast in favor of The Maker Constitution
28.3.2023
There was an announcement made for the conducting of an open poll for The Maker Constitution. This happened to have been a proposal that was initiated by the CEO and Co-Founder of Maker, Rune Christensen. It turned out that the maximum number of votes, to the tune of 76%, went in total favor of...
IoTeX Blockchain's DAO Votes to Add Ether Liquid Staking Derivatives
21.3.2023
A newly passed improvement proposal will add native support for representing staking buckets as NFTs on the IoTeX blockchain
Paraguay to Become Top Bitcoin Mining Hub in Latam According to Insight Group
22.2.2023
Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes there are many elements in favor of Paraguay, including the abundance of clean hydroelectric power...
Bitcoin Falls Out of Favor After Losing Grip on $22K, Fund Flows Report Shows
14.2.2023
After dominating crypto inflows for most of the year so far, Bitcoin fell out of favor in the eyes of investors last week. That’s according to the latest weekly Digital Asset Fund Flows report produced by crypto analytics firm CoinShares, which tracks investment flows into and out of digital asset...
Play-to-earn falling out of favor after ‘massive shift in priority’ — BGA survey
12.1.2023
Gameplay improvements will be the biggest driver of blockchain gaming adoption in 2023, according to a survey from the Blockchain Gaming Alliance
Uniswap DAO Community Members Vote in Favor of New Governance Process
21.12.2022
After a week-long vote that ended Wednesday, TKTK percent were in favor of making changes to the voting process in an effort to reduce friction associated with community governance
Bitcoin Jumps Briefly After Fed Minutes Show Officials Favor Slower Rate Hikes
23.11.2022
The majority of Federal Reserve officials thought slower rate hikes would be appropriate soon. It is still unclear how high the terminal rate will be
FTX showed the value of rejecting gatekeepers in favor of DeFi
21.11.2022
FTX reminded us that users need strong decentralized platforms to conduct their business — not gatekeepers capable of misusing their funds
Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%
3.11.2022
On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 basis points (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority of the Monetary Policy Committee (MPC) members voted...
Why do experts favor Snowfall Protocol as the next best crypto investment over Pinkie Inu and Shiba Inu?
3.11.2022
The globe has recently witnessed a significant shift from old financial institutions and methods to far more cutting-edge and modern financial practices, including cryptocurrency. Recent changes in the global economy have significantly impacted investor confidence and have led some potential...
Fortune did not, in fact, favor the brave: Matt Damon’s Crypto.com TV spot turns one
28.10.2022
Many in and out of the crypto space have parodied Matt Damon's appearance promoting the crypto exchange following the market downturn in May