Meta Plans to Wind Down NFTs

The post Meta Plans to Wind Down NFTs appeared on BitcoinEthereumNews.com. Meta announced plans to wind down digital collectibles (NFTs), according to a tweet by Stephane Kasriel, Commerce & FinTech Lead at Meta. Some product news: across the company, we’re looking…

Goldman Sachs Now Expects No Rate Hike in March Due to Stress in US Banking System – Economics Bitcoin News

The post Goldman Sachs Now Expects No Rate Hike in March Due to Stress in US Banking System – Economics Bitcoin News appeared on BitcoinEthereumNews.com. Goldman Sachs has revised its U.S. interest rate forecast due to “stress in the banking system.” The global investment bank no longer expects the Federal Reserve to raise interest rates…

Facebook parent Meta to abandon NFT pursuits

The post Facebook parent Meta to abandon NFT pursuits appeared on BitcoinEthereumNews.com. Ad Stephane Kasriel, Head of Commerce and Financial Technologies at Meta, said on March 13 that his company plans to discontinue its non-fungible token (NFT) features. Meta will pursue fintech…

FBI, NY authorities probes collapse of TerraUSD stablecoin: Report

The post FBI, NY authorities probes collapse of TerraUSD stablecoin: Report appeared on BitcoinEthereumNews.com. The United States Justice Department is reportedly investigating the collapse of the TerraClassicUSD (USTC) stablecoin which contributed to a $40 billion wipe out in the Terra ecosystem last May. Two…

Bears Surprisingly Re-Invest To Fill Void Left By Roquan Smith Trade

The post Bears Surprisingly Re-Invest To Fill Void Left By Roquan Smith Trade appeared on BitcoinEthereumNews.com. ORCHARD PARK, NEW YORK – JANUARY 08: Taron Johnson #7 and Tremaine Edmunds #49 of the Buffalo Bills … [+] celebrate after an interception during the fourth quarter against the…

FBI, NY authorities probes collapse of TerraUSD stablecoin: Report

The United States Justice Department is reportedly investigating the collapse of the TerraClassicUSD (USTC) stablecoin which contributed to a $40 billion wipe out in the Terra ecosystem last May. Two agencies within the department — the Federal Bureau of Investigation (FBI) and Southern District of New York (SDNY) have interrogated former staff at Terraform Labs […]

Evercore warns SVB fallout will force new market low

The post Evercore warns SVB fallout will force new market low appeared on BitcoinEthereumNews.com. Evercore ISI is comparing the bank stress to another critical time on Wall Street: The year of the savings and loan crisis and epic crash. “To think you would see…

Coinbase Working on New Strategies To Attract More Users 

The post Coinbase Working on New Strategies To Attract More Users  appeared on BitcoinEthereumNews.com. Coinbase (COIN), the largest cryptocurrency exchange platform in the US, is working on new strategies to attract more crypto users to the platform. In February 2023, Coinbase announced ‘Base,’ a…

OP bulls step up dominance as Optimism social activity rises

The post OP bulls step up dominance as Optimism social activity rises appeared on BitcoinEthereumNews.com. The price of OP jumped 22% and was followed by a number-one spot in social interaction. Traders opened multiple long positions despite mild circulation. According to Lunar Crush, Optimism [OP]…

This biopharma stock jumped over 250% on Monday: what happened?

The post This biopharma stock jumped over 250% on Monday: what happened? appeared on BitcoinEthereumNews.com. Shares of Provention Bio Inc (NASDAQ: PRVB) more than tripled on Monday after Sanofi S.A. (EPA: SAN) confirmed plans of buying the biopharmaceutical company that focused on autoimmune diseases. Here’s…