Federal Reserve In US on Bitcoin’s Response To Monetary News
US Federal Reserve reports a disconnect between Bitcoin and macroeconomic fundamentals.Sensitivity of Bitcoin, the US Dollar, metals, and other stock prices to macroeconomy news is studied.On Wednesday, US Federal Reserve…
Partnership of Saudi Metaverse Move Sandbox (Sand) Price by about 30%
Sandbox (SAND) experienced a surge of 30% following the strategic partnershipThrough this partnership, Sandbox will collaborate with Saudi Metaverse.The Sandbox (SAND) experienced a surge of 30% following the announcement of…
KuCoin Restarts Terra Classic (LUNC) Staking.
KuCoin has rejoined the LUNC chain as a validator, giving it a voting power of 5.09%. The exchange allocated 47.9 billion $LUNC.Initiating staking for LUNC was a long overdue move,…
Dubai ban Operations With Monero, Zcash, and Other Privacy Coins
The new regulations imposed by Dubai’s VARA disallowed the employment of privacy coins, such as XMR and ZEC.Dubai’s Virtual Assets Regulatory Authority (VARA) prohibited all activities involving privacy coins such…
Decreasing the inflation rate will take longer days Powell
Jerome H. Powell, Chair of the Board of Governors of the Federal Reserve System, said that the labor market’s strength is why lowering the inflation rate will take longer and…
Bank of England Releases Paper on Digital Pound CBDC
The central bank of Britain is pushing forward with its CBDC (central bank digital currency) plans with the release of a new consultation paper on the digital pound.On Feb. 7,…
Hut 8 Mining Corp Merge With US Bitcoin Corp officially.
The merged business would be headquartered in the United States. Shares of Hut 8 Mining (HUT) finished the day up 7% at $2.38.In an all-stock transaction, Hut 8 Mining Corp.…
DeFi Protocol CoW Swap Hacked as 551 BNB missing.
The attacker reportedly added a wallet address as a “solver” of CoW Swap.BNB worth over $181,000 transferred to the cryptocurrency mixer Tornado Cash.A vulnerability in the smart contracts underlying the…
About 50% of USDT is Stored on the Tron blockchain.
More than half of the stablecoin Tether (USDT) is now held on the Tron blockchain. Why is USDT shifting towards Tron? According to recent data from DeFi Llama, more than…
Sorare NFT Card of Giannis Antetokounmpo Sells For $187k
The one-of-a-kind Antetokounmpo NFT sold for almost 113.9 ETH. In September 2020, an autographed Giannis Antetokounmpo rookie card sold for $1.8M. On Sunday, a 1/1 NFT card of Giannis Antetokounmpo…