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US will see new 'inflation spike' — 5 things to know in Bitcoin this week
2.1.2023
Bitcoin starts 2023 with a whimper as volatility stays absent and BTC price tips favor fresh downside to come
Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions
1.1.2023
2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic events will continue to shape the crypto economy and the economy as a whole. This editorial takes a look at the top three macroeconomic events to keep an eye on...
NFT Sales Continue to Decline, With ETH-Based NFTs Seeing a 20% Drop in the Past Week
31.12.2022
Non-fungible token (NFT) sales over the last seven days are ending the year 13.97% lower than the week prior. During the last week, statistics show that $147,054,554 in NFT sales were recorded across 334,668 NFT buyers. NFT Sales Continue to Slip: 13.97% Decrease in Last Seven Days NFT sales...
NFT Market Will Bounce Back With Lower Interest Rates, Digital Artist Says
30.12.2022
NFT artist Ovie Faruq, also known as OSF, says the hybrid asset will bounce back in time but the Federal Reserve will need to lower interest rates
‘Everything bubble’ bursts: Worst year for US stocks and bonds since 1932
30.12.2022
While the crypto markets have taken a bashing in 2022, it hasn’t exactly been rosy for US stocks, bonds and real estate either
First Mover Americas: Gemini Sued Over Interest-Earning Product
29.12.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 29, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto investors sue Winklevoss twins over interest accounts on Gemini
28.12.2022
Plaintiffs have alleged that the products have not been registered, which prevented them from receiving disclosures to better assess the risks of using Gemini Earn
Crypto investors sue Winklevoss twins over interest accounts on Gemini
28.12.2022
The plaintiffs allege that the products were not registered, which prevented them from receiving disclosures to better assess the risks of using Gemini Earn
Crypto Exchange Gemini Sued by Investors Over Interest-Earning Program
28.12.2022
Investors say the platform was offering interest-earning crypto through its Gemini Earn program without registering those assets as securities in accordance with U.S. securities law
Robert Kiyosaki Warns Last Chance to Buy Gold and Silver at Low Prices — Says Stock Market Crash Will Send Them Higher
28.12.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says now may be the last chance to buy gold and silver at low prices. “Inflation moving up. Interest rates moving up. Stock market to crash sending gold and silver higher,” Kiyosaki described. Robert...
Monthly NFT Sales Are 80% Lower Than Last Year, Digital Collectibles Interest Plummeted in 2022
26.12.2022
Like most crypto projects this year, non-fungible tokens (NFTs) felt the pain of 2022’s crypto winter as sales are down a great deal and blue-chip NFTs have been slashed in value. For instance, last month, there was roughly $534 million in NFT sales compared to the $2.77 billion in NFT sales...
Elon Musk: Recent Fed Rate Hikes Might Go Down in History as Most Damaging Ever
24.12.2022
Tesla CEO and Twitter chief Elon Musk says the Federal Reserve’s recent rate hikes “might go down in history as most damaging ever.” The billionaire has urged the Fed to cut interest rates immediately, emphasizing that the U.S. central bank is “massively amplifying...
Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says
22.12.2022
Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase announced by the monetary authority last week and revised projections showing higher than...
Federal Reserve raises interest rates by 0.5%. What does this mean for Chainlink (LINK) and crypto dark horse Orbeon Protocol (ORBN)?
22.12.2022
The US Federal Reserve has raised interest rates by 0.5%, a move that impacted Chainlink (LINK) heavily, as it struggled to find footing and slipped more than 11% following the FEDs decision. Orbeon Protocol (ORBN), a platform that mints fractionalized NFTs representing equity, is predicted to...
California regulators order MyConstant to cease crypto-lending services
22.12.2022
The California DFPI warned in July that it would be cracking down on crypto interest account providers in the state
Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%
20.12.2022
The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise to 0.5% from 0.25%. The Japanese central bank was one of the only banks worldwide to hold off on raising benchmark interest rates,...
Capgemini: Nine out of Ten Consumers Interested in the Metaverse
17.12.2022
A report issued by Capgemini, a consulting firm, has found that most consumers are at least curious about the metaverse and what it might bring to their lives. The report, which also examined consumer and company expectations of immersive experiences, explains that many are already taking advantage...
Bitcoin, Ethereum Technical Analysis: BTC Below $17,000, as ETH Nears $1,200 Breakout
16.12.2022
Bitcoin fell below $17,000 on Dec. 16, as bearish pressure continued to intensify following yesterday’s disappointing U.S. retail sales figures. Sales in the United States were down by 0.6%, which news came less than 24 hours after the Federal Reserve moved to hike interest rates. Ethereum...
ECB Hikes Interest Rates by 50bps; Signals Need for Further Hikes to Fight Inflation
16.12.2022
The European Central Bank (ECB) decided to hike three of its key interest rates by 50 basis points (0.5%) as part of its ongoing war against inflation. The organization stated that further increases are likely to happen “because inflation remains far too high and is projected to stay above...
Bitcoin, Ethereum Technical Analysis: BTC Falls From 5-Week High as Traders Continue to Digest Fed Decision
15.12.2022
Bitcoin fell from a five-week high on Thursday, as markets continued to react to the latest Federal Reserve interest rate decision. The U.S. Fed moved to increase interest rates by 50 basis points as expected, whilst also laying the ground for a slower pace of hikes in coming months. Ethereum also...