External news feeds 690/2340

Former Commerce Secretary Warns US Headed for Recession

Former Commerce Secretary Wilbur Ross has warned of an impending U.S. recession due to the lingering effects of pandemic-related stimulus. While Wall Street maintains a more optimistic outlook, citing strong GDP and low unemployment, Ross argues…

FBI Seizes Websites Linked to Crypto Recovery Fraud

The Federal Bureau of Investigation’s San Diego office has seized websites linked to three fraudulent cryptocurrency recovery services. The scam preys on victims of crypto fraud by promising recovery of lost funds, often charging significant…

SEC Regrets Confusion Over ‘Crypto Asset Securities’ — Ripple and Coinbase Weigh In

Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6 in the SEC’s…

JPMorgan CEO Warns of Recession Threat, Higher Inflation, Stagflation

JPMorgan Chase CEO Jamie Dimon has raised concerns about stagflation despite signs of easing inflation. Dimon highlighted ongoing risks such as rising deficits and government spending that could pressure inflation. The JPMorgan executive warned…

UK Court Recognizes USDT as ‘Distinct Form of Property’

A High Court of England and Wales has ruled that stablecoin tether (USDT) is recognized as property under English law. The court clarified that cryptocurrencies, despite not being physical assets, can be treated similarly to tangible and intangible…

Bitcoin’s Role in Defi Evolves: CMC Research and Footprint Analytics Report

Coinmarketcap (CMC) Research and Footprint Analytics have released a thorough report exploring the swift expansion of decentralized finance (defi) on the Bitcoin blockchain. The report delves into Bitcoin’s evolving role, driven by…

Best AI-Driven Cryptocurrency: Artificial Superintelligence Alliance (FET) Becomes Market Favorite Yet Falls Short to Millionaire Meme Maker Mpeppe

In the rapidly evolving world of cryptocurrencies, artificial intelligence (AI) has become one of the most promising sectors. The Artificial Superintelligence Alliance (FET) has positioned itself as a leader in this space, with its blockchain-based…

Why BTC’s Breakout Will Provide Bullish Rallies For Shiba Inu, Dogecoin and Mpeppe 300x Gains Predicted

As Quant (QNT) continues its impressive price rally, surging by 28% in the last seven days, many investors are looking for the next big opportunity in the cryptocurrency space. One token that has caught the attention of Quant (QNT) holders is…

New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets

A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission (SEC) and the Commodity…

Can FET Keep Up With New AI Rival GoodEgg? Analysts Predict 250% Is On The Way

Artificial intelligence (AI) continues to shape the cryptocurrency landscape, and two prominent contenders in this space are Artificial Superintelligence Alliance (FET) and the new AI-powered dating platform GoodEgg (GEGG). As OpenAI aims for a…

Huge Bitcoin Whale Liquidates To Secure More Ethereum And GoodEgg Before The Next Bull Run

In the lead-up to what many predict will be the next major cryptocurrency bull run, whales—the largest holders of digital assets—are making strategic moves to position themselves for maximum gains. Recently, a significant Bitcoin (BTC) whale made…

FET Holders Feel Bullish After Price Pumps 30% In 7 Days Experts Say GoodEgg Is a To Watch

Artificial Superintelligence Alliance (FET) has made headlines recently due to its impressive performance, with the token surging over 30% in just seven days. This sudden price pump has left FET holders feeling bullish, and many are now looking to…

Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC

Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last seven days. Stablecoin Market Continues to Climb Though the pace has…