Enhanced Bitcoin Volatility as May’s Inflation Numbers Come In
The United States Bureau of Labor Statistics released the Consumer Price Index for all urban consumers – the metric that’s largely used to gauge inflation in the country. This caused…
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US Treasury Secretary Yellen: Crypto is Not Suitable Option for Retirement
Janet Yellen – an American economist who serves as the 78th US Secretary of Treasure – believes people should not rely on investing in cryptocurrencies as part of their retirement…
VanEck CEO Predicts Bitcoin’s Future Price at $250,000 But There’s a Catch
Jan Van Eck, CEO of global investment manager VanEck, believes the value of one bitcoin could skyrocket to as high as $250,000, but the quarter of a million dollars prediction…
Crypto Needs 5-10x Growth to Become an Inflation Hedge: Coinbase CEO
In the latest interview, Coinbase CEO Brian Armstrong shared his view on the broader market amid a months-long dump and the trajectory ahead of the company. He also commented on…
Lightspark Backer Felix Capital Raises $600M to Support Crypto and Web3 Projects
According to a recent announcement, the London-based VC is targeting “long-term” investments in commerce and fintech firms. With the new funding, the firm is looking to double down on existing…
Bitcoin Miners in Washington Will Have To Pay 29% More For Their Electricity
Bitcoin mining is about to become way harder for US-based miners, not because of the automatic difficulty adjustments but because of local politicians. This time, the state of Washington announced…
Japan Set to Lossen Restrictions on Tokens Listings: Report
The Japan Virtual and Crypto assets Exchange Association (JVCEA) – the country’s watchdog responsible for overseeing digital coin listings on local exchanges – would loosen up its screening process, according…
Jack Dorsey and JAY-Z Launch Bitcoin Education Course in Brooklyn, New York
Block Head Jack Dorsey is teaming up with the famous hip-hop artist JAY-Z to fund Bitcoin education for the latter’s hometown. With a series of free classes on the subject,…
Citadel, Virtu Join Hands With Schwab and Fidelity on New Crypto Initiative
A new crypto marketplace backed by leading retail brokerages and market makers is expected to roll out this year or early 2023. According to sources, the new trading platform can…
New York DFS Rolls Out New Regulations for Dollar-Pegged Stablecoins
The New York Department of Financial Services (DFS) has released a new set of guidelines for regulated cryptocurrency firms with BitLicense, which issue U.S. dollar-backed stablecoins. Stablecoin Regulations for BitLicense…
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