Crypto news

Concerns about higher interest rates can lead to reduced borrowing, higher financing costs, and a potential slowdown in economic activity. On Tuesday, September 27, the US stocks experienced a significant dip as bond yields inched up and consumer confidence declined for the second consecutive month in September. The Nasdaq Composite (INDEXNASDAQ: .IXIC), S&P 500 Index (INDEXSP: .INX), and Dow Jones Industrial Average (INDEXDJX: .DJI) all faced declines, with the latter plummeting...

The new development comes a day after CommEX officially launched on September 26, 2023. Binance, the world’s largest cryptocurrency exchange, has exited the Russian market, selling its business operations to CommEX, a digital assets trading platform. While Binance did not disclose the financial terms of the deal, the company assured its Russian users that all their assets are safe and will be securely protected during the transition process, which is expected to span up to a year....

According to the report, in some countries, central banks are directing their attention toward wholesale CBDCs, which are designed to facilitate the settlement of interbank transfers and other wholesale transactions. Agustin Carstens, the General Manager of the Bank for International Settlements (BIS), has urged countries to take immediate action in establishing clear legal frameworks to support the implementation of Central Bank Digital Currencies (CBDCs). The BIS chief made this appeal...

Guyana was the world’s fastest growing economy for 2022 and is expected to retain the title until 2025 as oil production increases. According to a recent GDP forecast from the International Monetary Fund, Guyana is expected to grow at impressive rates over the next few years. Currently the world’s fastest-growing economy, the South American country is likely to record more than 100% growth by 2028. Most of Guyana’s income comes from oil production and export. Among other factors, this...

According to the filing, Coinbase will securely hold and manage the actual Bitcoin assets that underpin the ETF. The company has also confirmed that the Bitcoin ETF will be listed and traded on the Cboe BZX Exchange, Inc. Franklin Templeton, an asset management company, has entered the competition among companies aiming to offer spot Bitcoin ETFs. This was made known through a September 12 filing with the Securities and Exchange Commission (SEC). According to the filing, Coinbase will...

A remarkable transformation is underway at 1xBit, the crypto betting platform now integrated with Algorand and Arbitrum, avant-garde deposit methods poised to redefine users’ transactional experience. A Glimpse into Algorand’s and Arbitrum’s Marvels A paragon of efficiency, Algorand successfully solves the so called blockchain trilemma: it ensures full participation, protection, and speed within a truly decentralized network which is very beneficial to crypto...

Bitcoin ETFs provide an easy way for investors to put their funds into the cryptocurrency market. The crypto industry is rife with anticipation for the Securities and Exchange Commission (SEC) to approve spot Bitcoin exchange-traded fund (ETF) applications. However, the extended clamor may now have the right backing as four members of the House Financial Services Committee – two from each party – have just written a letter to that effect. In the Tuesday letter obtained by Coinspeaker, the...

Over the past three years, Costco has gained momentum, benefiting from trends such as increased home cooking, millennials moving into larger suburban homes, and inflation driving shoppers to seek value through memberships at warehouse clubs. Membership-based retail giant Costco Wholesale Corp (NASDAQ: COST) recently announced its quarterly earnings and the results were nothing short of impressive. Costco Earnings Surpasses Expectations Costco’s fiscal fourth-quarter earnings have surprised...

„Der Hactivist“ ist ein sechsfach preisgekrönter Kurzfilm-Dokumentarfilm, der 2022 die Filmfestivals im Sturm eroberte, indem er die Wahrnehmung der Zuschauer über die Aktivismuskraft von Hackern veränderte. Die 40-minütige Dokumentation begleitet Andrew ‚bunnie‘ Huang, einen Grauhut-Hacker, der 2001 international bekannt wurde, nachdem er mit dem Technologieriesen Microsoft wegen seiner Anleitung zur Modifikation der Xbox aneinandergeraten war....

Das neue Raumfahrtzeitalter und Space Race geht nicht nur um Exploration oder die Landung von Menschen auf dem Mars. Es geht um das immense wirtschaftliche Potenzial, das Asteroiden, einige der ältesten Überreste des Sonnensystems, bringen können. Mit fortschreitender Technologie und unternehmerischem Drang könnten wir am Rande eines neuen Goldrausches stehen. Dieser wörtliche Goldrausch könnte jedoch Implikationen haben, die wenige berücksichtigen: Er könnte den Goldpreis auf der Erde auf...