Browsing Category
Bitcoin
EAEU Official Urges BRICS and SCO for Joint Use of Digital Currencies, New Payment Card
Three integration unions with Russian participation, BRICS, SCO, and the EAEU, should adopt joint policies on the use of digital currencies, according to a top representative of one of them. He also believes the international organizations…
Xi Jinping and Putin Discuss BRICS Cooperation With Brazil’s President
Chinese President Xi Jinping and Russian President Vladimir Putin engaged in phone conversations with Brazilian President Luiz Inácio Lula da Silva regarding their joint work within the BRICS group ahead of the economic bloc’s…
Brazil Sees BRICS Bank as Alternative Financial Institution, President Lula Says
The government of Brazil views the development bank established by the BRICS bloc as an alternative to traditional financial institutions, the country’s head of state told African diplomats. President Lula da Silva also vowed that the bank…
Moody’s on De-Dollarization: Rating Agency Labels US Debt Default a ‘Near-Term Danger to the…
As calls for the creation of a global alternative to the greenback grow, credit rating agency Moody’s said on May 25 that rival currencies such as the euro and the Chinese yuan do not yet threaten the U.S. dollar’s position as…
Digital Currency Group to Sunset Tradeblock, Cites ‘Regulatory Challenges’ and ‘Prolonged Crypto…
Digital Currency Group has revealed its decision to sunset its institutional trading platform, Tradeblock, on May 31, 2023. The company attributes the move to the “challenging regulatory environment” and the enduring effects of…
Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows
Despite an upswing in mining difficulty on May 18, current data projects Bitcoin’s mining difficulty to see a further escalation on May 31, 2023—potentially jumping between 1.1% and 2.51%.
Bitcoin’s Difficulty Nears 50…
Open Games Unveils Luke Goss as Ambassador for Europe’s Leading Gaming, Art, and Blockchain Event
PRESS RELEASE. Zaragoza – Open Games is thrilled to announce the appointment of Luke Goss as the Ambassador for Europe’s most prestigious gaming, art, and blockchain event. This four-day extravaganza, Open Game Con, set to take…
Biggest Movers: MATIC Surged 5% on Friday, Hitting 18-Day High
Polygon climbed to a multi-week high on Friday, as bearish sentiment in cryptocurrency markets began to fade. The global crypto market marginally rose during today’s session, following yesterday’s downturn. XRP was another…
Market Outlook: CME Fedwatch Tool Points to Increased Chance of June Rate Hike
According to the CME Group Fedwatch tool on Thursday, there was a 51% probability of a quarter-point rate increase during the upcoming Federal Open Market Committee (FOMC) meeting on June 14. Just a fortnight ago, the Fedwatch tool…
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,800, as Market Volatility Remains High
Ethereum was once again trading above the $1,800 level, after a brief breakout during Thursday’s session. Prices rose by as much as 2%, as optimism grew that the U.S. debt ceiling could be increased. Bitcoin also marginally climbed,…