CPI Report Spurs Optimism, BlackRock CIO Forecasts Fixed Income Growth
May 18, 2024 19:28 pm UTC| Technology Digital Currency
The release of the U.S. The Consumer Price Index (CPI) report provided a wave of relief to the financial markets. This signaled a possible reduction in inflationary pressures. Rick Rieder, Chief Investment Officer of...
Altcoins Expected to Yield 2x-5x Gains by May End: Fetch.AI, Floki, AAVE, ENA
May 18, 2024 14:50 pm UTC| Technology Digital Currency
The latest climb in Bitcoins price beyond $65,000 on Wednesday sparked a new relief rally in the cryptocurrency market. Top altcoins are also profiting from the upward momentum, recovering from recent downturn tendencies....
US Orthodontic Leader Accepts Shiba Inu, Embracing Cryptocurrency for Payments
May 18, 2024 14:39 pm UTC| Technology Digital Currency
Shiba Inu, the popular meme coin, is experiencing a period of growth and increased utility. Amoré Orthodontic Aligners, a company that specializes in orthodontic care, recently announced that it will now accept SHIB...
Crypto Lender Genesis to Return $3 Billion in Bankruptcy Wind-Down Amid Rising Creditor Haircuts
May 18, 2024 14:23 pm UTC| Technology Digital Currency
Crypto lender Genesis Global received court approval to return nearly $3 billion to customers, while a report highlights a significant increase in creditor haircuts in bankruptcy cases to 73% in FY24. Judge Approves...
Binance Enhances SHIB, USTC, AGIX Trading and Liquidity for Better Market Dynamics
May 18, 2024 03:33 am UTC| Technology Digital Currency
Binance has announced efforts to enhance liquidity and trading for Shiba Inu (SHIB), USTC, and SingularityNET (AGIX), including tick size adjustments aimed at improving market dynamics and trading experience. Binances...
$73M Crypto Scam: Two Foreign Nationals Arrested for 'Pig Butchering'
May 17, 2024 19:06 pm UTC| Technology Digital Currency
The Justice Department prosecuted two Chinese nationals on Friday in a cryptocurrency scam that laundered at least $73 million from deceived victims. Defendants Allegedly Used Shell Corporations to Launder Funds Through...
Tether's $1B USDT Mint Boosts Bitcoin, Eyes on $70K Milestone
May 17, 2024 18:32 pm UTC| Technology Digital Currency
Bitcoin has switched its former resistance into support, as Tethers market capitalization continues to rise swiftly in 2024. Tether, the worlds largest stablecoin, has issued another $1 billion, raising its market...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects