Vitalik Believes Crypto Volatility Will Stabilize Like Gold.
The superstar developer thinks crypto will become far less volatile as it finds its place in the economy. Ethereum co-founder Vitalik Buterin was recently interviewed on the state of the…
Fed Reserve Eyes Payment Facilitation System ‘FedNow’ Launch
Brainard urged U.S. banks and software developers to prepare for the debut. The Vice-chair said the service’s use of cloud computing made it possible.FedNow, a new payment facilitation system that…
Singapore High Court Grants Zipmex 3 Months of Protection
Due to cash flow problems, the company temporarily halted withdrawals. High Court’s Justice Aedit Abdullah has put a hold on any further legal action. Several cryptocurrency ventures failed because of…
UK Multinational Bank Barclays Plans to Invest in Crypto Custody Firm
Copper was planning to raise at least $3 billion. In May, Copper received Swiss regulatory approval.While bankruptcies continuously increase in the cryptocurrency market, the largest multinational bank in the UK,…
Dreadful Impact of Global Recession on Crypto Market
According to the IMF, the economy dropped from 6.1% last year to 3.2 %in 2022.The crypto market dropped below $1trillion from its all-time high of $3 trillion.Since the beginning of…
U.S Federal Reserve Raises Interest Rates by 75 Basis Points
Consumers and companies are likely to reduce their borrowing and spending.The central bank had predicted an interest rate increase of 100 basis points.Second time in a row, the Federal Reserve…
Do you think Turkey can Become the Next Hub for Cryptocurrency? Find out!
The Turkish Finance Minister discussed with CZ, about blockchain and cryptocurrency. Last year, Turkish authorities fined Binance with 750,000 dollars. On Wednesday, the Turkish Finance Minister Nureddin Nebati, virtually connected…
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?…