Cryptocurrency Market

  • Market Cap: $2,286,682,832,505.20
  • 24h Vol: $62,707,810,512.11
  • BTC Dominance: 56.41%
mastercard-launches-nfts-to-support-emerging-musicians-through-web3-technologies

Mastercard Launches NFTs to Support Emerging Musicians Through Web3 Technologies

According to Mastercard, the payments giant has launched non-fungible tokens (NFTs) that grant access to the Mastercard Artist Accelerator program, designed to support emerging musicians. Developed in collaboration with Polygon, the NFT project highlights Mastercard’s intent to embrace Web3 technologies. Mastercard Launches Second NFT Offering In January, Mastercard announced its partnership with Polygon to support […]

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imf-blog:-interest-rates-to-fall-to-pre-pandemic-levels-once-inflation-is-tamed

IMF Blog: Interest Rates to Fall to Pre-Pandemic Levels Once Inflation Is Tamed

When inflation in advanced economies is tamed, real interest rates are likely to drop to pre-pandemic levels, the latest International Monetary Fund (IMF) blog post has said. According to the authors of the blog post, the transition to a “cleaner economy in a budget-neutral way” could result in lower rates in the medium term. Recent

IMF Blog: Interest Rates to Fall to Pre-Pandemic Levels Once Inflation Is Tamed Read More »

bitcoin-miner-bitdeer-technologies-to-list-on-nasdaq-via-spac-deal

Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal

According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire Jihan Wu in 2018, plans to be listed on Nasdaq this Friday. The bitcoin mining firm is scheduled to go public through a special purpose acquisition company (SPAC) deal with Blue Safari

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china-fines-bitmain-$3.6-million-for-tax-violations,-report

China Fines Bitmain $3.6 Million for Tax Violations, Report

Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community. Bitmain Fined for Failing to Pay Income Tax on Behalf of Employees One of the world’s largest producers of devices

China Fines Bitmain $3.6 Million for Tax Violations, Report Read More »

g7-to-discuss-more-crypto-regulation-and-how-to-help-developing-nations-introduce-central-bank-digital-currencies

G7 to Discuss More Crypto Regulation and How to Help Developing Nations Introduce Central Bank Digital Currencies

The G7 countries are discussing more crypto regulation and ways to help developing nations introduce central bank digital currencies (CBDCs). “As a priority of this year, the G7 will consider how best to help developing countries introduce CBDC consistent with appropriate standards, including the G7 public policy principle for retail CBDC,” said Japan’s Vice Minister

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brics-nations-push-to-expand-global-influence-to-counter-the-west’s-‘destructive-actions’

BRICS Nations Push to Expand Global Influence to Counter the West’s ‘Destructive Actions’

The BRICS nations are focusing on increasing their international roles and “enhancing coordination on key multilateral platforms,” Russia’s Minister of Foreign Affairs reportedly revealed after a meeting with BRICS ambassadors. He stressed “the need for joint efforts to counter destructive actions aimed at destroying the established security architecture.” BRICS Seeks Expand Global Influence Russia’s Minister

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imf-economist-warns-of-side-effects-from-sharp-monetary-policy-tightening-—-says-financial-risks-have-increased

IMF Economist Warns of Side Effects From Sharp Monetary Policy Tightening — Says Financial Risks Have Increased

The International Monetary Fund’s (IMF) economic counselor has warned of the side effects of sharp monetary tightening. Noting that “Inflation is much stickier than anticipated,” he stressed that “financial risks have risen.” IMF Economist’s Warning Pierre-Olivier Gourinchas, Economic Counsellor and the Director of Research of the International Monetary Fund (IMF), shared his global economic outlook

IMF Economist Warns of Side Effects From Sharp Monetary Policy Tightening — Says Financial Risks Have Increased Read More »

binance-us-to-delist-tron-and-spell-tokens-amid-heightened-regulatory-pressure

Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure

According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC), and Tron founder Justin Sun’s being sued by the Securities and Exchange Commission (SEC)

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warren-buffett-likens-bitcoin-to-gambling-and-chain-letters-in-recent-interview

Warren Buffett Likens Bitcoin to Gambling and Chain Letters in Recent Interview

Finance mogul Warren Buffett, one of the most successful investors in history, discussed bitcoin during an interview on CNBC’s Squawk Box on April 12. As he has done in previous interviews, the business magnate likened bitcoin to a gambling scheme and chain letters he received as a child. Buffett Shares His Two Cents on Bitcoin,

Warren Buffett Likens Bitcoin to Gambling and Chain Letters in Recent Interview Read More »

russian-central-bank-attributes-recent-ruble-depreciation-to-lower-forex-sales-by-exporters

Russian Central Bank Attributes Recent Ruble Depreciation to Lower Forex Sales by Exporters

The Russian central bank has attributed the ruble’s latest plunge against the U.S. dollar to the temporary reduction “in sales of foreign currency earnings by exporters.” The central bank also revealed that the Chinese yuan accounted for 39% of the Russian forex market’s overall volumes. Temporary Reduction in Sale of Foreign Exchange The Russian central

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