Fed President Warns of ‘Disastrous Results’ if the Fed Loosens Policy Prematurely — Says ‘Inflation Remains Too High’
Federal Reserve Bank of Atlanta’s president has warned of disastrous economic consequences similar to those seen during the financial crisis of the 1970s if the Fed loosens its policy prematurely. Noting that “inflation remains too…
Bitcoin Price Needs To Clear $24,000 For Hopes of a Fresh Rally
Bitcoin price is still well below the $24,000 resistance. BTC must clear the $24,000 barrier to move into a bullish zone and start a fresh rally. Bitcoin is still facing hurdles and trading below the $23,650 resistance zone. The price is trading…
Robert Kiyosaki Says World Economy on the Verge of Collapse — Warns of Bank Runs, Frozen Savings, Bail-Ins
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says the world economy is on the verge of collapse. He warned investors about the risks of bank runs, frozen savings, and bail-ins that may come next. Robert Kiyosaki on…
Why Litecoin Could Be On The Cusp Of Major Momentum Change
Litecoin, unlike other cryptocurrencies, put in a bottom long before the FTX collapse. Following a short period outperforming the rest of the market, the now ranked lucky number 13 by market cap has gone stagnant. The state of boredom could soon…
Binance Tests AI-Infused NFT Platform Bicasso in Limited 10K Mint Run
On Wednesday, Binance CEO Changpeng Zhao, also known as CZ, announced the launch of a new non-fungible token (NFT) platform infused with artificial intelligence (AI). The AI-centric product is named Bicasso, and CZ said the beta version dropped…
Silvergate stock plunges 31% after delayed filing raises doubts over future
Crypto-friendly bank Silvergate has delayed its 10-K filing, which reveals the financial health of the company. The news has sent its stock price down 31%.
Australian central bank to launch ‘live pilot’ of CBDC in coming months
The use cases for the CBDC ranged from offline payments to “trusted Web3 commerce” and financial industry participants were invited to undertake a live pilot.
Recently, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), expressed his opinion in a detailed interview with New York Magazine’s Intelligencer regarding why he believes crypto assets other than bitcoin are…
Chiliz announces $50M incubator and accelerator program for early-stage blockchain projects
The company said the funds will be invested into early-stage blockchain projects that leverage the Chiliz blockchain for sports and entertainment and the Socios.com partner network.
Koii Labbs, Idexos launch middleware bridge aiming to replace CEXs
The multi-chain bridge aims to provide a decentralized alternative to centralized exchanges by enabling cross-chain transactions by self-custodied token holders.
Ethereum ERC-4337 'smart accounts' launch at WalletCon: Account abstraction is here
The long awaited account abstraction standard was believed to be many months off, but will be launched in a surprise announcement at WalletCon in Denver.
Jack Dorsey’s Block Releases UI Teaser, Seeks Partners For Highly Anticipated Self-Custody Bitcoin Wallet
A new blog post from Jack Dorsey’s Block detailed the progress being made on the custodial Bitcoin wallet the company is working on.Jack Dorsey’s Block has updated the Bitcoin community on the development of its self-custody Bitcoin wallet.The…
SEC, CFTC press civil charges against former FTX exec Singh parallel to criminal case
Singh’s former colleagues Ellison and Wang consented to stays in their CFTC cases; Singh has agreed to submit a consent order proposal in the CFTC case.
XRP Bullish Cross Is Looming, An Easy Path Toward The $2 Mark?
XRP has traded sideways for most of February, but there are bullish signals for investors to expect a break above the resistance line and another rally to new annual highs. The token used by payment company Ripple has constantly consolidated…
UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value
A recent report published by market strategists from the investment bank and financial services company UBS says that the upcoming Mt Gox payouts won’t destabilize bitcoin’s value. While a new supply will come to the market, UBS…
Bitcoin started March on a positive note, but historically the month has recorded mediocre gains, which could be an early warning sign for crypto investors.
Aptos (APT) Registers Over 7% Gains In The Last 24 Hours. What’s Next?
After days of price decline, Aptos (APT) is gaining today. To APT’s traders, the few days of price decline might seem like an unending bearish trend where the token recorded losses in three consecutive days, but that is not the case. APT has…
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