U.S GDP Declines by 0.9% in Q2 2022.
National Bureau for Economic Research (NBER) is scheduled to analyze the statistics. The Federal Reserve raised interest rates by 75 basis points on Wednesday. The GDP of the United States…
Facebook Company (Meta) department Metaverse made a big loss of about $2.8B
During the first three months of the year, this division earned $695 million. Zuckerberg has been promoting interoperability for the metaverse. The virtual reality and metaverse section of Meta’s (Facebook)…
Apple and Amazon Second Quarter Earning Reports Incoming: Can This Impact Crypto?
Blue chip tech stocks have earnings reports out this week. Markets are watching with great interest as online ad sales drop and investors go risk off. Could it impact cryptocurrency?…
European Union Banking Authority worried About Lack Of Crypto Experts
The cryptocurrency industry is dynamic and the president of the European Banking Authority (EBA) is “concerned” that they could be left behind in the race. On July 27, José Manuel…
Positive Spike Expected in NFT Market Till 2030
The NFT market is expected to reach $210 B by the end of 2030. Funding received for NFT startups in 2020 alone is $380 M. A report on the Non-Fungible…
Coinbase now Facing SEC grilling for Cryptocurrency Listings
The SEC has intensified its scrutiny over Coinbase after it expanded the number of token offerings for trading.Just days after slapping charges of insider trading against two former Coinbase product…
SEC’s harsh Demand for Crypto Regulation heavily criticized
SEC recently alleged that 9 crypto assets listed by Coinbase are securities.SEC continues to have an eagle eye on the unregulated crypto industry. After charging a former Coinbase employee in…
It’s the Time to Buy El Salvadoran Bonds ~ Morgan Stanley
The banking giant says El Salvadoran bonds have been overly punished in the past months amid tightened liquidity, and the government is still far from defaulting on its debt. Morgan…
Coinbase Wallet Announces Integration of OpenSea and Rarible Orders
This improvement aims to make NFT trading easier for beginners. NFT marketplace OpenSea receives orders from 25,000 to 30,000 customers every day. The largest U.S. crypto exchange, Coinbase, has released…
Elon Musk disclose the Reason Why Tesla Sold 75% of Its Bitcoin
Tesla had to sell most of its bitcoin holdings to meet unexpected production costs in China, the USA, and Germany. The electric vehicle giant Tesla sold $936 million of its…