Hedge Fund Mogul Stanley Druckenmiller Warns of ‘Hard Landing’ for US Economy
Billionaire hedge fund manager Stanley Druckenmiller has a dire prediction for the U.S. economy: a recession is looming, and it’s...
Month: May 2023
NFT Sales Surge 31% This Week as Bitcoin NFTs Secure Second Place in Blockchain Sales
Non-fungible token (NFT) sales witnessed a minor rise last week, registering a humble increase of around 1.46% compared to the...
Biden Appoints New Fed Vice Chair as Fedwatch Tool Shows Slim Chance of Rate Hike at June Meeting
Investors believe it is highly likely that the target rate will remain unchanged at the June 14 Federal Open Market...
The National Blockchain Technology Innovation Center opens in China
To assist blockchain technology research, the Chinese government opened the National Blockchain Technology Innovation Center in Beijing. The Chinese government...
Five Years After CEO’s Sudden Death, Victims of QuadrigaCX Collapse To Receive 13% of Lost Funds
QuadrigaCX users who suffered losses following the collapse of what was once Canada’s largest crypto exchange will now be receiving...
Binance Decides To Leave Canada, Citing Regulatory Issues Related to Stablecoins and Investor Limits
The world’s largest crypto exchange by volume says that it’s leaving Canada due to issues with the nation’s regulations on...
US Senators Keeping Tabs on El Salvador Bitcoin (BTC) Adoption in Reintroduced Bill: Report
US Senators are reportedly reintroducing a bill that would allow them to track and monitor the developments related to El...
Bitcoin price hits $27.2K, but new analysis warns more losses ‘likely’
Bitcoin may be up 7.5% since Friday, but BTC price action is not giving everyone cause for positivity. Market Update...
Bitcoin’s recovery may trigger buying in these 4 altcoins
While most coins are reeling under pressure, Bitcoin and select altcoins such as ADA, ATOM, LDO, and ARB are showing...
Twitter’s New CEO Is Crypto Follower and NBCU Veteran Linda Yaccarino
The former NBC Universal executive will lead Twitter as CEO; Elon Musk will stay on board in other capacities. Elon...
DeeLance AI Raises $850,000 – Next 10x Crypto?
The DeeLance presale raised $850K in two weeks. The presale has attracted a large number of investors due to its...
SpongeBob Airdrop Collaboration and CEX Listing
Cryptonews has teamed up with one of the most popular memecoins, Spongebob, to host a unique airdrop for the cryptonews...
Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion
In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7, 2023, the...
Musk on ‘Massive Incentive’ to Get Money Out of Banks, Dave Ramsey Dismisses De-Dollarization Fears, BTC Network Congestion Eases, and More — Week in Review
Twitter CEO Elon Musk has shared what he calls a “massive incentive” to get money out of bank accounts, noting...
‘The Future of Digital Payments Lies in Web3 Payment Services’ Says Robert Miller of Fuse
Despite not being mainstream payment solutions yet, cryptocurrency-based payments (also known as Web3 payments) already bring benefits such as lower...