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Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’
21.10.2022
Russian revenues from the minting of bitcoin saw a multifold increase in the past few years before declining significantly since this past spring. The findings come from a new study which also established that the sector was growing during both ups and downs in the crypto market. $1.4 Billion...
Global recession may last until near 2024 Bitcoin halving — Elon Musk
21.10.2022
The world could be stuck with recession until Spring 2024, Musk guesses in a fresh blow to the risk asset outlook
US Charges Russians, Venezuelans for Sanctions Evasion Using Cryptocurrency
20.10.2022
A group of Russian and Venezuelan nationals have been charged by U.S. authorities for their roles in a scheme to circumvent Western sanctions and launder money on a global scale. They have been accused of obtaining military technologies from American companies, smuggling oil, and disguising money...
Coinbase Waives Fees for Converting Between USDC and Fiat, Eyeing Global Audience
20.10.2022
Coinbase is pushing to get its USDC stablecoin into the international market
Investor Richard Mills Says Economy Is Rushing Into a ‘US Dollar Crisis of Epic Proportions’
20.10.2022
While the U.S. dollar has been extremely robust in recent times, compared to a myriad of fiat currencies worldwide, a number of analysts and economists think the greenback will eventually falter in an inconceivable manner. The owner of aheadoftheherd.com, Richard Mills, published a comprehensive...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $19,000 as Volatility in Crypto Markets Intensifies
20.10.2022
Bitcoin snapped a two-day losing streak on Thursday, as prices of the cryptocurrency rebounded at a key point of support. The current price uncertainty in markets comes as global inflation continues to hover close to historical highs. Ethereum was also back in the green in today’s session....
Retail Giant Walmart Outlines Crypto Strategy — Executive Foresees a Lot of Disruption in Payment Options
20.10.2022
Walmart’s global chief technology officer has revealed crypto’s role in the retail giant’s future. “Crypto will become an important part of how customers transact,” the executive said. “We want to make sure that we make it as friction free for customers to...
Goldman Sachs CEO Sees Good Chance of Recession — Advises Investors to Be Cautious, Prepare for More Difficult Environment
20.10.2022
The CEO of global investment bank Goldman Sachs, David Solomon, sees a good chance of a U.S. recession. He stressed that the “environment heading into 2023 is one that you’ve got to be cautious and prepared for.” Goldman Sachs CEO Warns About U.S. Recession, Advises Investors...
While Everyone Is Trying to Build a Super App Blockbank Has Done It
20.10.2022
PRESS RELEASE. “Creating a neobanking super-app for crypto and digital assets has been blockbank’s ultimate vision since its inception. Throughout this past year, we have listened to our growing user base, acquired global licenses, and built one of the most technologically advanced pieces...
Bitcoin, Ethereum Technical Analysis: ETH Lower, as USD Gains Following Strong Q3 Earnings
19.10.2022
Ethereum was back below the $1,300 level on Wednesday, as the U.S. dollar rose following better than expected quarterly earnings. So far this earnings season, Netflix, Bank of America, and others have outperformed expectations, highlighting what some view as the resilience of the U.S. economy...
EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look at Global Regulation of Crypto’
19.10.2022
The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislating … We need to look at global regulation of crypto,” said the commissioner....
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Past Key Resistance Levels on Tuesday
18.10.2022
Bitcoin was trading at its highest level in the past five days on Tuesday, as prices rose past a key resistance point. Ethereum also rallied to a similar milestone earlier in today’s session, as cryptocurrency markets continue to move away from recent bearish sentiment. As of writing,...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $19,000 to Start the Week
17.10.2022
Bitcoin started the week trading above $19,000, as bulls made a sluggish return to the token, following recent sell-offs. Ethereum also rallied on Monday, after a brief stint trading below $1,300. Overall, the global crypto market is down 1.19% as of writing. Bitcoin Bitcoin (BTC) was trading...
War Spurs Crypto Activity in Russia and Ukraine, Chainalysis Reports
15.10.2022
The deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to several spikes in transaction volumes this year, the blockchain forensics firm has found, while Eastern...
Crypto Boutique Law Firm Roche Freedman Removed From Class Action Against Tether
14.10.2022
After a Manhattan federal judge blasted Roche Freedman LLP founding partner Kyle Roche’s public statements, the judge has removed the crypto boutique law firm from the market manipulation lawsuit against Tether and Bitfinex. The recent hearing has shown that U.S. district judge, Katherine...
Biggest Movers: XRP, ATOM Rebound From Recent Declines
14.10.2022
Xrp rebounded from recent drops in price on Friday, as the token surged by nearly 10% in today’s session. Cosmos was another notable gainer, as it snapped a four-day losing streak. Overall, cryptocurrency markets were mostly higher, with the global market cap up nearly 5% as of writing....
Global Toy Manufacturer Mattel Announces NFT Collection
14.10.2022
Major toy manufacturing company Mattel announced the launch of the official Masters of the Universe (MOTU) digital collection in collaboration with the non-fungible token (NFT)-native digital toy company Cryptoys. The first batch of heroes and villains comes on November 9....
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Uniswap’s $165 Million Series B Capital Raise One of the Largest by a Crypto Firm in 2022
14.10.2022
Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $165 million in a Series B funding round. According to one report, the capital raise, which sees Uniswap Labs’ valuation rise to $1.66 billion, is the largest by any crypto firm...
Nigeria Can Become World Leader in the Digital Economy Says Vice President Yemi Osinbajo
14.10.2022
According to Nigerian Vice President Yemi Osinbajo, his country is well-positioned to become a global leader in the digital economy. However, for that to happen, Nigeria must choose the right approach and spend more time developing digital skills. Nigeria Better Equipped Than 3 Decades Ago...
Government of Dominica Enters Into Agreement With TRON, Set to Issue Fan Token Named Dominica Coin
13.10.2022
Dominica is a sovereign island nation in the Caribbean Sea, known as the “Nature Island of the Caribbean” because of its outstanding natural beauty. Following the signing of a new agreement with TRON, the country is now set to embrace blockchain technology and provide a model for integrating small...