Auto Added by WPeMatico

Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals

The bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock will merge with a blank-check firm 10X Capital Venture Acquisition…

Continue ReadingBitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals

BTC Miner PrimeBlock to go Public Through a $1.25B SPAC Merger (Report)

The US-based cryptocurrency mining and infrastructure startup – Prime Blockchain Inc. (PrimeBlock) – will reportedly become a publicly-traded company. The organization plans to merge with a blank-check firm in a…

Continue ReadingBTC Miner PrimeBlock to go Public Through a $1.25B SPAC Merger (Report)

Japanese Crypto Exchange Coincheck to List on Nasdaq Via $1.25B SPAC Merger

Japanese cryptocurrency exchange, Coincheck has announced plans to go public in the United States by entering into a definitive merger agreement with blank-check firm Thunder Bridge Capital Partners IV Inc.…

Continue ReadingJapanese Crypto Exchange Coincheck to List on Nasdaq Via $1.25B SPAC Merger

Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’

The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing…

Continue ReadingFed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’

Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases

On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the…

Continue ReadingFed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases

Investors Predict Fed to Hike Rates This Week — Reactions From Crypto, Stocks, Gold Market Expected

The U.S. central bank is expected to raise its target fed funds rate on Wednesday for the first time since the onset of the pandemic. Analysts and economists are hyper-focused…

Continue ReadingInvestors Predict Fed to Hike Rates This Week — Reactions From Crypto, Stocks, Gold Market Expected

Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on ‘Putin’s Aggressive Actions’

Following the record 7.5% high for January, the U.S. Labor Department’s Consumer Price Index (CPI) data shows February’s CPI metrics rose to 7.9%. The CPI data published on Thursday is…

Continue ReadingData Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on ‘Putin’s Aggressive Actions’