UBS Urges Caution Despite Positive US Economic Data
UBS reported on Friday that U.S. stocks extended their rally as new economic data, including…
Month: August 2024
Polymarket Open Interest Rebounds as August Set to Challenge July’s Record
Polymarket, the leading blockchain-powered predictions platform, saw its highest monthly volume to date in July….
Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day,…
Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug….
Goldman Sachs’ Bitcoin ETF Holdings, Hamster Kombat Rejected VCs, and More — Week in Review
Goldman Sachs disclosed substantial holdings of $418 million in bitcoin ETFs in Q2. Hamster Kombat…
X Ceases Operations in Brazil After Refusing to Comply With Censorship Orders
X’s Global Government Affairs Team reported on August 17 that the social network would be…
Google Faces Lawsuit After $5M in Crypto Stolen via Play Store App
A Florida woman, Maria Vaca, has sued Google in a California state court, alleging that…
NFTs Enrich Gaming Communities, Drive Stronger Engagement, Says Gaming Veteran
According to Luke Paglia, the COO at AGMI Studios, while traditional non-fungible token (NFT) art…
Lemon Pioneers Fiat-Crypto Interoperability Services in Peru
Lemon, an Argentina-based cryptocurrency exchange and wallet, has received a license to allow fiat-crypto interactions…
Mastercard and Scale Partner to Accelerate Fintech Deployment in Africa
Mastercard, the American multinational financial giant, recently revealed it has partnered with the fintech firm…
Indian Authority Arrests Man in Crypto Extortion Case
A Gujarat-based man, Shailesh Babulal Bhatt, was arrested under the anti-money laundering law in connection…
Ripple Legal Chief Anticipates Possible SEC Appeal in XRP Case Despite Court’s 10% Reversal Rate
Ripple’s chief legal officer says he wouldn’t be surprised if the U.S. Securities and Exchange…
Privacy Fears Undermine Support for Digital Euro in Germany
Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize…
Milton Friedman on Inflation: A Government-Made Disaster
Inflation is not a natural phenomenon but a consequence of government actions. Milton Friedman famously…
JPMorgan Prepares Investors for September Rate Cut With Dual Investment Approach
Favorable economic data this week bolstered market confidence, leading to a strong rally in equities,…
