Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear market rally
The price action in Bitcoin, altcoins and stocks reflects investors’ anxiety over the Fed’s rate…
Day: 22 August 2022
FCA highlights limited role as unregistered businesses continue to operate
Crypto.com has become the latest company to register with the United Kingdom’s Financial Conduct Authority,…
Crypto.com moves forward with multimillion-dollar renovation of Staples Center following staff cuts
“Brave of them… maybe fortune favor them,” said one Redditor in response to an artist’s…
BTC to lose $21K despite miners’ capitulation exit? 5 things to know in Bitcoin this week
Miners are a glimmer of hope in a barren Bitcoin landscape this week ahead of…
South Korean financial majors want to create virtual assets exchange in 2023: Report
Samsung Securities, Mirae Asset Securities and Shinhan Financial Investment are among the financial heavyweights in…
Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows
The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand…
NFT lending protocol Bend DAO proposes emergency changes amid credit crisis
“We are sorry that we underestimated how illiquid NFTs could be in a bear market…
Fed teases master accounts for crypto banks: Law Decoded, Aug. 15-22
The new guidelines from the Federal Reserve hold a prospect of “the most stringent review”…
Morgan Stanley Analyst Says Crypto Economy’s Liquidity Improved, but There’s ‘No Huge Demand to Re-Leverage’
An analyst at the New York-based financial services and investment management company Morgan Stanley detailed…
EUR Drops Below USD for the Second Time in 20 Years, Greenback’s Strength Leads to Largest Weekly Rise Since March 2020
The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide…
Asia’s Largest Web3 Event TOKEN2049 Hits 200 Sponsor Milestone, Announces New Headline Speakers
SINGAPORE — 8 July 2022 — TOKEN2049, Asia’s premier crypto conference, has announced a new…
Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits
This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior…
Prosecutors want to claim NFTs as securities, alleges legal team of former OpenSea employee
“The government has brought the instant prosecution using ill-founded applications of criminal law to set…
Facebook and Twitter will soon be obsolete thanks to blockchain technology
On Web2 — Twitter and Facebook — users do not own their own content or…
Tencent receives patent for blockchain-based missing persons poster
The simple patent idea took three years to be granted regulatory clearance. According to local…
