Bipartisan bill for blockchain competitiveness passes US House
[May 20 3:14 PM] The Deploying American Blockchains Act of 2023 gives the Commerce Department a role in advancing blockchain technology.
1 / 2 Relevant items tagged with #2023
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Philadelphia’s Republic First Bank Closed by Regulators, Assets Assumed by Fulton Bank
[Apr 27 8:36 AM] In the wake of a turbulent period for U.S. banks, the Pennsylvania Department of Banking and Securities has shut down Philadelphia-based Republic First Bank, also known as Republic Bank. The Federal Deposit Insurance Corporation (FDIC) has stepped…
Bitcoin's 2023 Chronicles: Massive Gains And Exchange Anomalies
[Jan 31 11:30 AM] So, 2023 has been pretty epic for Bitcoin. It's like Bitcoin woke up and decided to flex its muscles big time. We're talking a massive leap, over 140% in value – that's huge! It's not just about topping traditional rivals like gold; it's also about…
An In-Depth Look Into the 2023 Banking Crisis — 3 of the Largest Bank Failures in US History
[Dec 28, 2023 12:30 AM] The U.S. economy experienced an interesting year in 2023, marked by unprecedented upheaval within the American banking sector due to the combined collapse of three major banks, the largest the nation has historically seen. Amidst this chaos, crypto…
2023 in Review: The Year’s Most Impactful Crypto News Stories and Economic Trends
[Dec 27, 2023 1:30 AM] 2023 proved to be an extraordinary year for bitcoin and the broader crypto economy, surging significantly in value once the dust settled from the FTX debacle and as major players such as Blackrock and Franklin Templeton lodged applications for spot…
3 things we might see from crypto as 2023 winds to an end
[Oct 31, 2023 4:54 PM] Don’t be surprised if we see more investment, more regulation and more artificial intelligence defining crypto during the last two months of 2023.
Sky-High Surges to Staggering Losses — Unpacking the Crypto Market’s 300-Day Journey
[Oct 28, 2023 2:00 PM] Year-to-date, the dynamic landscape of crypto data reveals a 106% surge in bitcoin (BTC) value against the U.S. dollar. However, it’s noteworthy that it does not clinch the title of the top performer in this period. A closer look at the…
2023 Centralized Crypto Exchange Study Highlights Winds of Change Among Top 10 Platforms
[Aug 16, 2023 8:30 AM] In a report by the crypto market aggregation web portal Coingecko, Binance retains its crown in the centralized cryptocurrency exchange arena, but not without facing fierce competition and challenges. Binance Leads But Not Without Contenders, Says…
Marathon Digital Q2 results miss revenue and earnings forecasts
[Aug 8, 2023 4:59 PM] Despite the earnings miss, Marathon's CEO said it mined a record 2,926 Bitcoin over the second quarter of 2023.
Macro Strategist David Hunter Predicts Global Markets’ ‘Melt Up’ Surge in Q4 2023, Followed by Impending ‘Bust’
[Jun 23, 2023 2:30 PM] David Hunter, the chief macro strategist at Contrarian Macro Advisors, predicts an interesting development for global markets in the fourth quarter of 2023. According to him, global markets will experience a remarkable surge, aptly described as a…
US Inflation Cools to 4% Annual Rate, Setting Stage for Fed’s Decision on Interest Rates
[Jun 13, 2023 10:30 AM] The U.S. Bureau of Labor Statistics’ consumer price index (CPI) report, released on Tuesday, reveals that inflation in the United States has eased to a yearly rate of 4%. The latest development arrives just ahead of the upcoming Federal Open…
Japan Blockchain Week 2023 Supported by Ministry of Economy, Trade and Industry
[Jun 6, 2023 12:15 AM] PRESS RELEASE. The Japanese Ministry of Economy, Trade and Industry (METI) has confirmed its support for Japan Blockchain Week 2023, establishing it as a significant platform for both the global and Japanese blockchain communities to convene…
Former CFO indicted for diverting $35M to cryptocurrency venture
[May 18, 2023 10:41 AM] In the event of a conviction for wire fraud, Nevin Shetty could face up to 20 years in prison.
US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023
[May 4, 2023 7:30 AM] 2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a…
Bitcoin and liquid staking protocols lead crypto resurgence in Q1 2023
[Apr 18, 2023 7:15 AM] The first quarter of 2023 saw Bitcoin outperform traditional assets after a 72% quarterly gain in market capitalization.
SEC in a Pickle: Crypto’s Tricky Trio Stirs Up Trouble in 2023
[Mar 23, 2023 2:30 PM] 2023 is shaping up to be a painful year for the U.S. Securities and Exchange Commission (SEC) as it finds itself entangled in battles with the ever-evolving and innovative cryptocurrency industry. From Ripple to Coinbase and Tron, the SEC faces…
Central Banks Continue to Show Strong Demand for Gold in 2023, Says World Gold Council Report
[Mar 5, 2023 4:30 PM] Central banks show continued demand for gold in 2023, as per a recent report from the World Gold Council (WGC), which noted that the world’s central banks accumulated 31 tons of the precious metal in January. Turkey was the largest gold…
Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs
[Feb 13, 2023 5:30 PM] Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain. Iris Energy…
3AC Co-Founder Kyle Davies Fails to Respond to Liquidators’ Subpoena Despite Twitter Delivery
[Feb 8, 2023 12:30 PM] According to recent court filings, Kyle Davies, co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has allegedly failed to respond to a subpoena from the firm’s current liquidators, despite it being sent via…
Market Strategist Predicts Gold Will Be the Top Performer in 2023 Over Cryptocurrencies and Equities
[Feb 5, 2023 1:00 PM] Gareth Soloway, president and chief market strategist at inthemoneystocks.com, predicts that gold will outperform cryptocurrencies and equity performances in 2023. In an interview published Thursday, Soloway emphasized his belief that “gold…
Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High
[Feb 5, 2023 11:00 AM] The meme coin economy has grown significantly over the past 27 days, increasing 34.52% against the U.S. dollar. The largest meme coin by market capitalization, dogecoin, has risen 29.5% in the past month, while the second-largest meme coin, shiba…
NFT Sales Soar: January 2023 Reaches Nearly $1 Billion in 30 Days With 41% Increase
[Feb 1, 2023 9:00 PM] Non-fungible token (NFT) sales increased 41.96% from the previous month, according to data recorded on Feb. 1, 2023. NFT sales reached nearly $1 billion in 30 days, with an approximate total of $997.53 million. Additionally, the number of digital…
Metaverse Tokens Outperform Top Crypto Assets in 2023 With Decentraland’s MANA Leading the Pack
[Jan 31, 2023 5:30 PM] During the first month of 2023, the top two leading cryptocurrencies, bitcoin and ethereum, experienced double-digit gains against the U.S. dollar. Meanwhile, several alternative cryptocurrencies saw even greater increases in value, with metaverse…
Bitcoin Difficulty Surges 4.68%, Taps New All-Time High; Metric Set to Surpass 40 Trillion
[Jan 29, 2023 4:30 PM] The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased by 4.68%, from 37.59 trillion to an all-time high of 39.35 trillion. Bitcoin Difficulty Reaches…
Inside the World Economic Forum: Circle, Ripple reflect on Davos 2023
[Jan 26, 2023 8:10 AM] A handful of cryptocurrency industry players who took part in workshops at the World Economic Forum Annual Meeting paint a picture of increased collaboration within the space in 2023.
Finder’s Experts Predict Bitcoin to Peak at $29K in 2023, But Forecast a Low of $13K
[Jan 24, 2023 3:30 PM] The price of bitcoin is set to rise in 2023, but crypto and fintech experts chosen by the product comparison web portal finder.com do not believe the leading digital asset will break the $30,000 range this year. Finder’s panel of 56…
How Bitget Became a Dark Horse and Earns Market Share and Trust From Millions in Crypto Winter
[Jan 19, 2023 6:00 AM] 2022 was one of the roughest years in the crypto industry, which saw the collapse of Terra LUNA, Celsius, and FTX, consequently wiping out over $2 trillion from the crypto market. However, the dark horse in the face of these ugly events was the…
Bitcoin Funding Rates Hit 14-Month High – What Could This Mean For The Market Leader?
[Jan 15, 2023 7:37 AM] The crypto market has started the year 2023 with a remarkable, bullish run. Over the last few days, several assets have recorded significant profits and are starting to pull through the crypto winter. Most notably, Bitcoin, the market leader and…
Why DeFi should expect more hacks this year: Blockchain security execs
[Jan 8, 2023 7:30 PM] One reason is that “hackers have gotten smarter, gained more experience, and learned how to look for bugs,” according to the founder of a crypto auditing firm.
Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal
[Jan 8, 2023 10:00 AM] Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% against the greenback since Nov…