Cryptocurrency is digital money not managed by a central system such as a government. Rather, it is based on blockchain technology, with Bitcoin being the most popular project among them. As digital money continues gaining traction, more projects become available. There are over 22,000 cryptocurrencies currently on the market. While you can use crypto tokens […]
FTX-Linked Alameda Hits Grayscale With Lawsuit Over $9 Billion In Locked Crypto Investments
FTX trading affiliate Alameda Research has filed a new lawsuit against Grayscale Investments seeking to unlock investments it claims are being wrongly withheld from its customers. The suit was launched in the Court of Chancery in the State of Delaware, and it names CEO Michael Sonnenshein, and the parent company, Digital Currency Group, as defendants. […]
Brazil’s ‘Digital Real’ CBDC Could Make TradFi History
Brazil’s central bank announced a pilot project for the country’s digital currency. Continue reading at DailyCoin.
China to push reforms with new financial watchdog
China will establish a new federal financial regulatory body to replace its current banking and insurance watchdog.
Powell Testimony: DXY breaks 105, BTC down to 22k as support, new peak rate of 5.60% in futures market
Quick Take Powell spoke before the senate on March 7 Powell: New data suggests “the ultimate level of rates is likely to be higher than previously anticipated.” “If the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes.” DXY breaks 105, […]
Bitcoin Drops Below $22K as Powell Suggests Further Interest Rate Hikes
The US Federal Reserve said it’s preparing to increase the interest rates even more if the situation requires such drastic measures, said the organization’s Chairman Jerome Powell. Bitcoin reacted with an immediate price slump that drove it south by roughly $400 in minutes. Most financial markets had calmed for the past few days, especially crypto, […]
Bitcoin (BTC) Dips $22,000 as Fed Chair Says Interest Rates Will Likely Be Higher
Investors will be closely watching Powell’s comments on the Fed’s inflation targeting steps
DeFiChain to sponsor Germany’s National Fighting Championship events
DeFiChain, a Bitcoin fork and a DeFi-centric decentralized proof-of-stake blockchain, has voted to sponsor the National Fighting Championship (NFC)
Mastercard launches Bitcoin, Litecoin and crypto card in this billion-$-market – Report
In a recent press release, Bybit cryptocurrency exchange announced the launch of a Bybit debit card, powered by Mastercard. Bybit reveals that plans to launch a physical card in April are currently ongoing. Cryptocurrency exchanges are creating more innovative gateways for users of their platforms, to make cryptocurrency trading and crypto usage, in general, easy […]
DeFiChain To Sponsor the National Fighting Championship in Germany
Singapore, Singapore, 7th March, 2023, Chainwire DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, is delighted to announce that its community has voted to sponsor the National Fighting Championship (NFC) this year. The NFC is the German version of the widely known UFC, in […]