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Goldman Sachs CEO: Fed Unlikely to Cut Rates Before September
8.8.2024
Goldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency rate cuts until at least September despite weak job data, believing the U.S. economy will avoid a recession. Speaking on “The David Rubenstein Show,” Solomon indicated that while investors had anticipated...
Tornado Cash sanctions effective, reveal Ethereum weakness: NY Fed
7.8.2024
Cooperation with the US Treasury sanctions on Tornado Cash was strongest at the user level and weaker further along the settlement chain
Tornado Cash sanctions effective, reveal Ethereum weakness: NY Fed
7.8.2024
Cooperation with the US Treasury sanctions on Tornado Cash was strongest at the user level and weaker further along the settlement chain
Bitcoin Faces ‘Mid-Cycle Wipeout’ as Markets Plunge: Glassnode Report
7.8.2024
The latest report from onchain analysis firm Glassnode highlights a significant market downturn, marked by a 32% decline in bitcoin’s value, the largest drawdown of the current cycle. The study underscores the critical impact of this downturn on investor sentiment and the broader market...
Report States Salvadoran Economy Slowed, Purchasing Power Down as Bukele Fights Inflation
7.8.2024
A report by FUNDE, an investigative organization in El Salvador, has highlighted that the Salvadoran economy will grow less this year due to a decrease in public investment in infrastructure. Additionally, FUNDE claimed that the purchasing power of Salvadorans is being affected by rising inflation...
US private investors predict surge in crypto investments in 2024 — Report
6.8.2024
A survey by law firm Barnes & Thornburg found that 59% of US private investors are more likely to invest in crypto funds over the next 12 months
Immunefi Report Reveals Alarming 112% Rise in Crypto Hacks and Frauds in Q2 2024
6.8.2024
Popular bug bounty platform Immunefi has found that the global cryptocurrency ecosystem suffered increased hacks and frauds in the second quarter of 2024, losing $572.7 million. According to a recent report, this is a 112% increase compared to the same period last year. Immunefi noted that the...
Coinwire Report: Latam to More Than Double Its Crypto Trading Levels This Year
6.8.2024
A recent report by Coinwire, a cryptocurrency research portal, predicts that cryptocurrency adoption levels in Latam will more than double in 2024. The report, which examined trading movements on trusted centralized exchanges according to Coingecko, forecasts that crypto trading volumes in...
Saudi Arabia Becoming Hub for Web3 Startups Seeking Investment, Report Says
5.8.2024
Saudi Arabia’s emergence as a top venture capital investment destination in the Middle East and North Africa offers an opportunity for Web3 startups seeking funding. However, the latest Adaverse report acknowledges that the Saudi Web3 industry faces challenges requiring collaboration among...
Ex-Ripple board member, Biden adviser joins Harris campaign: Report
5.8.2024
Economics adviser Gene Sperling joined Ripple’s board in 2015 after serving under Presidents Bill Clinton and Barack Obama
Crypto market crash triggered by 'aggressive' selling by Jump Trading - report
5.8.2024
Jump Trading significantly contributed to the crypto market sell-off and it could be looking to sell another $104 million worth of wstETH
Bitcoin on edge as economy falters: 10x report
5.8.2024
Findings from a 10x Research report reveal potential Bitcoin value drop below $50,000 amid US economic uncertainty, impacting the broader crypto market
Morgan Stanley’s 15,000 Financial Advisors Can Start Pitching Bitcoin ETFs to Clients Next Week: Report
3.8.2024
Morgan Stanley is set to offer spot bitcoin exchange-traded funds (ETFs) to select clients through its 15,000 financial advisors starting next week. This marks a significant first for a major Wall Street bank. Advisors can pitch Blackrock’s Ishares Bitcoin Trust and Fidelity’s Wise...
OpenAI’s current business model is ‘untenable’ — Report
3.8.2024
Technology commentator Edward Zitron claims OpenAI will need to make several changes to "survive" beyond two years, but some industry executives disagree
Markets in Freefall: US Stocks Plummet and Crypto Crashes After Shocking Jobs Report
3.8.2024
Following a heinous jobs report, questions are arising about whether the United States will experience a soft landing or if a full-fledged recession is on the horizon. All five major U.S. stock market indices saw notable declines on Friday, and the crypto economy fell by 5.82% to reach $2.2...
Ex-Binance adviser to join Kamala Harris campaign: Report
2.8.2024
The prospective Democratic nominee’s position on crypto and blockchain was still unclear, but officials connected to the industry are reportedly getting on board
Morgan Stanley wealth managers to embrace Blackrock, Fidelity Bitcoin ETFs: Report
2.8.2024
Winning over the $3.75 trillion financial advisory firm is a historic milestone for crypto
ARK buys $21M of 3iQ Ether staking ETF, dumps $14.6M in Coinbase
2.8.2024
Cathie Wood’s ARK has resumed active trading of crypto-related stocks like Coinbase, 3iQ Ether staking ETF, Robinhood and its own spot Bitcoin ETF
ARK Invest Sold $14.8M of Coinbase Shares Thursday Ahead of the Exchange's Earnings Report
2.8.2024
Coinbase revenue beat Wall Street analysts' expectations, while profit came in lower than the consensus
Hong Kong's Futu Launches Bitcoin, Ether Trading, Offers Alibaba, Nvidia Shares as Rewards: Report
2.8.2024
For the moment, only bitcoin and ether can be traded, while the company works on "expanding our crypto offerings in the near future."