With global central banks in a race to the bottom by hiking interest rates to combat the fastest pace of inflation in four decades, a bear market in speculative companies…
The rise of major cryptocurrencies such as Bitcoin and Ethereum has given rise to centralized, collateralized stablecoins as the intermediary of transactions, with USDT and USDC as the representatives.
They play…
From industrialists to ordinary people, most would agree that technology makes their lives significantly better. When a recent Pew Research Center survey asked Americans what had brought the biggest improvement…
Dropping by over 10% to as low as US$35,600 at one point, Bitcoin erased its previous day gain of over 5%, taking other cryptocurrencies along with it.
Traders decided yesterday that the central bank will fail to achieve any of its policy objectives and struggle to fight inflation amidst the lingering threat of recession.
De Beers Group is deploying the Tracr™, the world’s only distributed diamond blockchain platform at scale for its diamond production.
Bitcoin was already edging higher on expectations that the Fed would gradually water down the punch bowl.
As widely expected, the Fed raised interest rates by 0.50% on Wednesday for the first time since 2000.
While Bitcoin-backed loans are not new for DeFi, they could revolutionize traditional finance if they gain enough traction on Wall Street.
Widely used as a fear vs. greed gauge, the VIX has now swung so far in the negative that there are some on Wall Street who think that a sharp…