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Crypto

Bitcoin to Strike USD 93K This Year, According to Less Positive Study

Source: AdobeStock / Сергей ШимановичBitcoin (BTC) could rise to a high of USD 93,000 or more this year, and close to USD 193,000 by the end of 2025, a panel of industry players gathered by comparison website Finder predicted. However, they were less optimistic than in October.By averaging out responses from the panelists, Finder came…

Pandemic Has Accelerated Crypto Market’s Transformation Into Commodity Market

Source: iStock/caoyu36The cryptocurrency market is beginning to consolidate and is increasingly similar to a commodity market, with an increased correlation between cryptos coinciding with the early stages of the COVID-19 pandemic, according to researchers from the Institute of Nuclear Physics of the Polish Academy of Sciences (IFJ PAN).Statistical analyses carried out by these researchers suggest…

Bitcoin and Ethereum Face Strong Resistance, LUNA, ATOM Dive

Bitcoin price is facing strong resistance near USD 37,500.Ethereum failed to surpass USD 2,500, XRP is struggling to stay above USD 0.60.ATOM and LUNA dropped at least 10%.Bitcoin price climbed above the USD 37,000 level but there was no upside continuation. BTC trimmed gains and traded below USD 36,500. It is currently (11:56 UTC) consolidating…

Japanese Judgment Celebration Launches NFT Job Force, Eyes New Development in the Sector

A meeting of the Liberal Democratic Party’s NFT Policy Review Project Team. Source: TAIRAMASAAKI / TwitterJapan may be edging toward regulating non-fungible tokens (NFTs) – after the ruling Liberal Democratic Party, which has been in power since 1955, launched an NFT policy task force.The party stated that the force would be officially named the “NFT Policy…

Whales Make Up Over Half of Stablecoin Volume, Tether Losing Supremacy

Source: Adobe/CasimiroStablecoin “whale wallets” containing more than USD 1m controlled the lion’s share of stablecoin volume in 2021, despite the once-dominant Tether (USDT) increasingly being challenged by other stablecoins, according to on-chain analytics firm Nansen.In their recent report, the analysts said that whale wallets made up more than 50% of total stablecoin volume in 2021,…

Putin ‘Supports’ Strategy to Legislate and Control Bitcoin & Crypto Mining– Report

Source: iStock/CylonphotoRussia could accelerate its path to becoming one of the world’s biggest Bitcoin (BTC) and crypto miners – with reports that President Vladimir Putin has backed a measure that may see the industry legalized and brought under government regulation.Bloomberg reported that the move could be “good news” for the crypto mining industry, and claimed…

Recent Articles

U.S. prominent financial sign increases highly in December

Please try another search EconomyJan 21, 2022 10:30AM ET WASHINGTON (Reuters) - A gauge of future U.S. economic activity increased solidly in December, suggesting the expansion would continue despite challenges from the COVID-19 pandemic and anticipated interest rate increases from the Federal Reserve to tame high inflation. The Conference Board said on Friday its Leading…

Get ready for huge reserve banks vacating action: policymakers

Please try another search EconomyJan 21, 2022 10:21AM ET 3/3 © Reuters. FILE PHOTO: President of the European Central Bank (ECB) Christine Lagarde takes part in a news conference on the outcome of the Governing Council meeting, in Frankfurt, Germany, October 28, 2021. REUTERS/Kai Pfaffenbach//File Photo 2/3 By Balazs Koranyi, Leika Kihara and David Lawder…

Canadian vaccine required to result in inflation, empty racks, trucking executives state

Please try another search EconomyJan 20, 2022 08:31PM ET 2/2 © Reuters. FILE PHOTO: Cross-border transport trucks cross paths on the Peace Bridge at the Canada U.S. border in Buffalo, New York, U.S., January 10, 2018.REUTERS/Hyungwon Kang/File Photo 2/2 By Steve Scherer OTTAWA (Reuters) - The premier of Canada's Alberta province on Thursday called on…

Bop Store: Tunes From Delight Oladokun, Denzel Curry, Ecstasy, And More

Sophia Lauer / Getty Images The search for the ever-elusive "bop" is difficult. Playlists and streaming-service recommendations can only do so much. They often leave a lingering question: Are these songs really good, or are they just new? Enter Bop Shop, a hand-picked selection of songs from the MTV News team. This weekly collection doesn't discriminate by genre…

Reed Hastings Purchases $20M in Netflix Shares Amidst Stock Depression

As Netflix’s stock price tumbled over the past week, co-CEO Reed Hastings pounced. According to filings with the Securities and Exchange Commission Friday evening, Hastings purchased approximately $20 million worth of Netflix shares Thursday and Friday, paying between $379 and $393 for the privilege. The purchases (made through a trust that Hastings controls), suggest that…

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