The 12th president of the Federal Reserve Bank of St. Louis, James Bullard, thinks the U.S. central bank can increase the benchmark bank interest rate by 75 basis points this year. Bullard believes the Fed could raise rates to 3.5% by the fourth quarter of 2022 to combat the red hot inflation plaguing the U.S …
Tag archives: Bitcoin
Biggest Movers: RUNE Rises by Over 20% Today, as NEAR Climbs to Resistance
NEAR rose to its highest level since last Thursday, as prices rebounded from recent lows. SAND and RUNE also climbed from long-term support levels on Tuesday, with RUNE rising by over 20% in today’s session. THORChain (RUNE) RUNE was easily one of the biggest gainers during today’s trading session, as it separated itself from AXS, …
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Bitcoin, Ethereum Technical Analysis: BTC Back Above $41,000 as Crypto Bulls Return
Following recent losses, BTC rallied on Tuesday, as bulls appeared to have returned to cryptocurrency markets. In addition to bitcoin, ETH also moved away from yesterday’s low below $2,900, with price now hovering close to $3,100. Bitcoin After several days of bearish pressure, cryptocurrency prices finally rallied on Tuesday, with BTC climbing back above $41,000. …
FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms
On April 18, the Federal Bureau of Investigation (FBI), the U.S. Treasury Department, and the Cybersecurity and Infrastructure Security Agency (CISA) published a Cybersecurity Advisory (CSA) report concerning malicious North Korean state-sponsored cryptocurrency activity. According to the U.S. government, law enforcement officials have observed North Korean cyber actors targeting specific blockchain companies in the industry. …
Interest in Real Estate Investments in Spain Grew 400%, With Some Using Crypto and Stocks as Payment Method
Real estate investments are booming in Spain and Europe, as investors are exiting riskier investment avenues in favor of safer options. According to sources from the real estate world, the interest in these instruments has grown 400% since November, with people purchasing homes without even having set foot in them. Some are even using crypto …
World of Defish – a Metafish Playground for NFT-Gaming Experience – Launched Its Mainnet
sponsored An exciting crypto fishing game with a unique set of NFT-gaming instruments – World of Defish – is excited to announce its full-scale mainnet launch. Follow the “Fish.Play.Earn.Trade” motto of the game’s creators and dive into the fascinating world of underwater adventures with lucrative prizes and awards. If you’re a fisher in your soul, …
Survey: Adoption in Argentina Grows, With 12 out of 100 Adults Having Invested in Crypto
Argentinians are very interested in cryptocurrencies, according to a survey made by Americas Markets Intelligence. According to data sourced from the study, more than one in ten Argentinians have made some kind of crypto investment. Furthermore, 18% of the surveyed stated they had an interest in buying cryptocurrencies in the future. Crypto Adoption Booms in …
Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing
The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative, the monetary authority has no intention to delay the trials despite not all invited banks being ready to participate yet. Bank of Russia to Experiment With Digital Ruble Payments This …
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GADA Sale on KICK․IO – Here’s Everything You Need to Know
press release PRESS RELEASE. Spring is coming on strong for our launchpad. GADA, the first permissionless and community-governed launchpad ecosystem on Cardano, will launch a sale on KICK.IO on the 20th of April! With the help of two launchpads – GADA Pro and GADA Light – GADA helps various projects to both raise liquidity and …
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Iran to Increase Penalties for Unauthorized Cryptocurrency Mining
Iran has drafted new rules to increase penalties for illegal cryptocurrency mining in the country, including additional fines and imprisonment. “Any use of subsidized electricity intended for households, industrial, agricultural, and commercial subscribers for mining cryptocurrency is prohibited.” New Penalties for Illegal Cryptocurrency Mining in Iran An official with Iran’s Power Generation, Distribution, and Transmission …
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Economist Predicts the Fed’s Response to Inflation Will Push Crypto Higher
Allianz Chief Economic Advisor Mohamed El-Erian says that the Federal Reserve’s response to inflation will cause the prices of cryptocurrencies, like bitcoin, to “go higher.” He noted: “That’s what you get when you’ve waited too long to recognize what inflation is and to take action.” Predictions by Allianz’s Chief Economist Economist Mohamed El-Erian discussed the …
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LBank Exchange Will List CTOMORROW PLATFORM (CTP) on April 20, 2022
press release PRESS RELEASE. INTERNET CITY, DUBAI, Apr. 18, 2022 – LBank Exchange, a global digital asset trading platform, will list CTOMORROW PLATFORM (CTP) on April 20, 2022. For all users of LBank Exchange, the CTP/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on April 20, 2022. Using cutting-edge technologies to …
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Terra’s UST is now the third most valuable stablecoin
Terra’s UST is now the third-largest stablecoin by market cap behind that of Tether’s USDT and Circle’s USDC despite the fact that its trading volume pales significantly against that of Binance USD (BUSD), according to data from CoinGecko. Per the data, UST’s market cap is now at $17.58 billion, which is slightly above that of …
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Inflation-linked stablecoin from Frax Finance is a big deal, here’s why
Frax Finance will soon launch the Frax Price Index (FPI) token, expanding the firm’s suite of protocol offerings. FPI is unique in that it’s the first stablecoin to track the U.S Consumer Price Index (CPI). Using oracle data from Chainlink, each month will see a “dollar-denominated value” adjustment in line with the movement of inflation. …
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Senator Ted Cruz says ‘Left hates Bitcoin,’ puts Justin Trudeau, Elizabeth Warren on blast
During the Canadian “Freedom Convoy” protest, Ted Cruz pulled Bitcoin into the widely famous CPAC political gathering by highlighting how censorship-proof the cryptocurrency was. “The Left hates Bitcoin because they cant control it” The tweet below shows the speech made by the US senator at the Conservative Political Action Conference (CPAC) 2022 event in February …