The post XRP is Trading -29.92% Below Our Price Prediction for Aug 20, 2023 appeared on BitcoinEthereumNews.com. Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement,…
Sports betting revenue is soaring as Chancer sale nears $1.4M
The post Sports betting revenue is soaring as Chancer sale nears $1.4M appeared on BitcoinEthereumNews.com. Sports betting and gambling revenue jumped in the first half of the year as demand for the services rose. Recently released financial results by companies like Penn National, Entain, and…
What are crypto-backed mortgages, and how do they work?
The post What are crypto-backed mortgages, and how do they work? appeared on BitcoinEthereumNews.com. Crypto mortgages entail utilizing cryptocurrency holdings as security to bind a conventional mortgage or loan. The procedure to obtain a crypto-backed mortgage starts with the borrower giving their cryptocurrency to…
Retail Sales increase 0.7% vs. 0.4% anticipated
The post Retail Sales increase 0.7% vs. 0.4% anticipated appeared on BitcoinEthereumNews.com. Retail Sales in the US rose 0.7% on a monthly basis in July to $696.4 billion, the data published by US Census Bureau showed on Tuesday. This reading followed the 0.3% (revised…
Argentina investigates privacy concerns surrounding Worldcoin project
The post Argentina investigates privacy concerns surrounding Worldcoin project appeared on BitcoinEthereumNews.com. As privacy issues continue to hound Worldcoin, Argentina is the latest country to open a probe into the operation of the identity-focused project. In an official disclosure, the government said the…
Republican Lawmaker McHenry Demands SEC Chair Gary Gensler Explain How Prometheum Got Approval
The post Republican Lawmaker McHenry Demands SEC Chair Gary Gensler Explain How Prometheum Got Approval appeared on BitcoinEthereumNews.com. The letters raise “serious questions” about whether the SEC championed Prometheum as a poster firm to represent Gensler’s position that no new laws are needed to regulate and police crypto…
Why are Nio, Rivian, XPeng stocks getting crushed this week?
The post Why are Nio, Rivian, XPeng stocks getting crushed this week? appeared on BitcoinEthereumNews.com. After attaining remarkable new highs in July 2023, leading electric vehicle (EV) stocks including Rivian (NASDAQ: RIVN), XPeng (NYSE: XPEV), and Nio (NYSE: NIO) have encountered a substantial price correction…
Prime Trust Files for Chapter 11 Bankruptcy Protection Amidst Customer Fund Shortfall
The post Prime Trust Files for Chapter 11 Bankruptcy Protection Amidst Customer Fund Shortfall appeared on BitcoinEthereumNews.com. Prime Trust, a prominent crypto custodian, has initiated Chapter 11 bankruptcy proceedings in Delaware due to a significant shortfall in customer funds. The company, grappling with financial challenges, disclosed in…
Massive Bitcoin (BTC) Exit From Exchanges May Spell Good Omen, Here’s Reason
The post Massive Bitcoin (BTC) Exit From Exchanges May Spell Good Omen, Here’s Reason appeared on BitcoinEthereumNews.com. Godfrey Benjamin Bitcoin is leaving exchanges, move that may be upside for price growth Bitcoin (BTC) has been on everyone’s radar over the past week as its price is trading…
BRICS: Morocco Submits Proposal for BRICS Membership Ahead of Summit
Morocco is now vying for a spot in the BRICS economic alliance, formally submitting a request for membership ahead of the much-anticipated summit next week. As the bloc continues expanding, Morocco hopes to join other contenders like Saudi Arabia, Indonesia, and Egypt to gain membership. Read More: India Sidesteps Dollar, First Rupee Oil Trade Ahead […]