Cryptocurrency Market

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  • BTC Dominance: 58.52%

News

ftx-boss-ryan-salame’s-maryland-home-searched-by-fbi-in-unexplained-raid

FTX Boss Ryan Salame’s Maryland Home Searched by FBI in Unexplained Raid

According to unnamed sources, the home of Ryan Salame, the former co-chief executive of FTX Digital Markets, was searched by the U.S. Federal Bureau of Investigation (FBI) on Thursday. The grounds for the raid remain unknown, and neither Salame nor his legal representative have offered any statement concerning the situation. FBI Conducts Mysterious Search on […]

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bank-of-america-strategist-predicts-gold-could-reach-$2,500-per-ounce-in-2023 

Bank of America Strategist Predicts Gold Could Reach $2,500 per Ounce in 2023 

A Bank of America (BOFA) commodity strategist has postulated that gold, should it continue to flourish in 2023, could pave the way for a climb to $2,500 per ounce. Presently priced at $1,983 per unit, the precious metal remains just shy of the $2,000 threshold. However, if it were to achieve the projected $2,500 target,

Bank of America Strategist Predicts Gold Could Reach $2,500 per Ounce in 2023  Read More »

google-trends-shows-surge-in-how-to-buy-gold-and-bitcoin-searches-amidst-us-banking-upheaval

Google Trends Shows Surge in How to Buy Gold and Bitcoin Searches Amidst US Banking Upheaval

In the midst of the banking upheaval in the United States, Google Trends has revealed a notable surge in searches related to the acquisition of gold, with the search query reaching a perfect score of 100 during the first week of April 2023. Similarly, the search term “how to buy bitcoin” reached the same score

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ecb’s-panetta-reinforces-digital-euro-focus-on-payments

ECB’s Panetta Reinforces Digital Euro Focus on Payments

Fabio Panetta, a member of the executive board of the European Central Bank (ECB), announced the digital euro project was entering its final phase. Before the committee on economic and monetary affairs of the European Parliament, Panetta stated that the digital euro, if approved, would be focused on making payments easier for Europeans. ECB’s Panetta

ECB’s Panetta Reinforces Digital Euro Focus on Payments Read More »

brics-‘getting-applications-to-join-every-day,’-attracts-19-requests-before-summit

BRICS ‘Getting Applications to Join Every Day,’ Attracts 19 Requests Before Summit

Over two dozen nations have applied for BRICS membership ahead of its upcoming annual summit, the representative of the hosting nation revealed in an interview. The organization which unites leading emerging economies will discuss its enlargement in early June. BRICS to Talk Expansion as Number of Candidates Continues to Grow The BRICS group of nations

BRICS ‘Getting Applications to Join Every Day,’ Attracts 19 Requests Before Summit Read More »

coinbase-files-legal-action-against-sec-over-lack-of-regulatory-clarity

Coinbase Files Legal Action Against SEC Over Lack of Regulatory Clarity

On April 24, 2023, Coinbase announced that it had filed an action in federal court requesting the U.S. Securities and Exchange Commission (SEC) to respond to their petition. The petition, submitted in July 2022, requested the commission to propose and adopt rules governing the regulation of digital assets. Coinbase Requests SEC to Respond to Petition

Coinbase Files Legal Action Against SEC Over Lack of Regulatory Clarity Read More »

china-pushes-digital-yuan-for-wage-payments-in-changshu

China Pushes Digital Yuan for Wage Payments in Changshu

Changshu, a city in China with more than 1.5 million inhabitants, will pay public workers’ wages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the digital currency, which has been included in some limited programs before. Public Employees in

China Pushes Digital Yuan for Wage Payments in Changshu Read More »

nearly-1,000-ancient-bitcoins-from-2010-and-2011-moved-in-2023,-valued-at-over-$27-million

Nearly 1,000 Ancient Bitcoins from 2010 and 2011 Moved in 2023, Valued at Over $27 Million

Based on present data, within the last four months, a mere three block rewards from the year 2010 have been transferred after 13 years of dormancy. This is due to the fact that dormant wallets from that era are becoming a rarity to behold. The latest expenditure of a 2010 block took place on April

Nearly 1,000 Ancient Bitcoins from 2010 and 2011 Moved in 2023, Valued at Over $27 Million Read More »

latam-insights:-argentine-peso-plunges,-venezuela-and-russia-to-develop-swift-alternative,-bitcoin-mining-still-paused-in-venezuela

Latam Insights: Argentine Peso Plunges, Venezuela and Russia to Develop SWIFT Alternative, Bitcoin Mining Still Paused in Venezuela

Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: the Argentine Peso plunges against the U.S. dollar, Venezuela and Russia agree to develop a joint SWIFT alternative, and Bitcoin mining is still paused in Venezuela. Argentine Peso Plunges 10%

Latam Insights: Argentine Peso Plunges, Venezuela and Russia to Develop SWIFT Alternative, Bitcoin Mining Still Paused in Venezuela Read More »