Federal Reserve Hikes Benchmark Bank Rate by 75bps to Battle Elevated Inflation
The U.S. Federal Reserve raised the federal funds rate on Wednesday afternoon by three-quarters of a percentage point. The central...
Bitcoin News
World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices
The world’s largest producer of application-specific integrated circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed the company is offering a...
Africa-Focused Crypto Exchange Yellow Card Raises $40 Million via Series B Round
Africa-focused crypto exchange Yellow Card recently revealed it has closed its $40 million Series B funding round. The exchange’s announcement...
Biggest Movers: XRP Remains Close to 4-Month High, as LTC Rebounds on Wednesday
XRP remained close to a four-month high on Wednesday, following a recent breakout of a key resistance level. The token...
Crypto Exchange Kraken Backs Enterprise-Grade Liquid Staking Protocol
On Tuesday, the liquid staking firm Alluvial revealed a consortium of organizations will collaborate on the “first enterprise-grade multi-chain liquid...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate as Some Expect Fed to Hike Rates by 1%
Bitcoin fell below $19,000 on Wednesday, as markets prepared for a potential 100 basis point interest rate hike from the...
World’s Largest NFT Marketplace Opensea Reveals Drop Improvements, Arbitrum L2 Support
The largest non-fungible token (NFT) marketplace by sales volume, Opensea, has announced a new “immersive and secure minting experience” by...
China to Expand Digital Yuan Testing in Pilot Cities to Provincial Level
China’s central bank intends to enlarge the area covered by trials of its digital yuan currency in four regions of...
Chinese Currency Breaches 7:1 Exchange Rate Against US Dollar for First Time in Two Years
The offshore exchange rate of China’s fiat currency versus the U.S. dollar recently breached the 7:1 mark for the first...
Binance to Open Two Offices in Brazil, Company Hints at Debit Card Launch
Binance, one of the biggest crypto exchanges by volume traded, has announced its expansion plans for Brazil. The exchange will...
India to Finalize Stance on Legality of Cryptocurrency by Q1 2023: Report
The Indian government is reportedly planning to finalize its stance on the legality of cryptocurrency by the first quarter of...
Guggenheim’s Scott Minerd Discusses ‘Greatest Investing Opportunity’ — Warns Stocks Vulnerable to Further Declines
The chief investment officer of asset management firm Guggenheim, Scott Minerd, says that the current market has delivered “the greatest...
US Treasury Seeks Public Comments on Crypto-Related Illicit Finance and National Security Risks
The U.S. Department of the Treasury is seeking public input on “digital-asset-related illicit finance and national security risks.” The department...
PORTX Token Goes Live on CEXs and DEXs
PRESS RELEASE. The team at ChainPort is incredibly excited to update the public about PORTX’s Token Generation Event (TGE). The...
Ukraine to Revise Virtual Assets Law in Line With EU Crypto Rules
Work is underway in Ukraine to update the legal act that applies to cryptocurrencies in order to align the nation’s...
