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Federal Reserve Hikes Rates Up by 25 Basis Points Despite Banking Turmoil

Federal Reserve Hikes Rates Up by 25 Basis Points Despite Banking Turmoil

[ad_1] Key Takeaways The Federal Reserve has raised rates up by 0.25% Federal interest rates now sit in a range between 4.75% to 5%. The Fed’s decision comes shortly after the second biggest banking failure in U.S. history. Share this article Despite Silicon Valley Bank’s implosion, the Federal Reserve has elected to keep tightening monetary […]

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ConsenSys Launches First Institutional Staking Marketplace

ConsenSys Launches First Institutional Staking Marketplace

[ad_1] ConsenSys, an Ethereum and decentralized protocols software company, has launched what it called the first marketplace for institutional cryptocurrency staking Staking Staking is defined as the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network. In particular, staking represents a bid to secure a volume of crypto

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Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies – Economics Bitcoin News

Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies – Economics Bitcoin News

[ad_1] As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia, Russia has vowed to move to use the Chinese yuan as a settlement currency with countries in Asia, Africa, and Latam. Putin expressed that using national currencies for international trading “should be encouraged further.”

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HeartX Launches Web3 Marketplace and Community Aim to Revolutionize Digital Art Industry

HeartX Launches Web3 Marketplace and Community Aim to Revolutionize Digital Art Industry

[ad_1] Central, Singapore, 20th March, 2023, Chainwire HeartX, previously known as ArteX, a trailblazer in the digital art industry, has recently rebranded and unveiled a groundbreaking web3 marketplace and community that empowers artists, collectors, art consultants and art lovers to redefine the value of digital art. The HeartX platform provides a secure, immersive, and transparent

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US Officials Consider Expanding Deposit Insurance Coverage

US Officials Consider Expanding Deposit Insurance Coverage

[ad_1] US officials are reportedly studying ways to expand deposit insurance coverage to protect depositors and prevent capital from being pulled from smaller banks to supposedly safer-looking heavyweights. The current deposit insurance cap under the Federal Deposit Insurance Corporation (FDIC) stands at $250,000. However, following the collapse of several banks in March, there have been

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Macro strategist says Bitcoin could be in a supercycle

Macro strategist says Bitcoin could be in a supercycle

[ad_1] Bitcoin is outperforming commodities and gold so far in 2023, with BTC showing a 10x outperformance of the precious metal. Mike McGlone, a senior macro strategist at Bloomberg Intelligence, says Bitcoin could be in a new super cycle. He earlier noted BTC above $25,000 demonstrated the cryptocurrency’s divergent strength. Mike McGlone, a senior macro

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Web2 giants coming into Web3 could benefit ecosystem — PBW founder

Web2 giants coming into Web3 could benefit ecosystem — PBW founder

[ad_1] Paris Blockchain Week (PBW), an annual gathering of professionals within the blockchain industry, has kicked off its fourth edition, with industry leaders and entrepreneurs from across the world gathering to discuss the latest trends and developments impacting the digital asset space. In an exclusive interview with Cointelegraph, Michael Amar, the founder and chairman of

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Flagstar Acquires Signature Bank—Except for its Crypto Business

Flagstar Acquires Signature Bank—Except for its Crypto Business

[ad_1] Key Takeaways The FDIC announced yesterday that New York Community Bancorp would purchase Signature Bank through its subsidiary, Flagstar. However, Flagstar’s bid excludes Signature Bank’s crypto clients. Signature Bank board member Barney Frank believes regulators shut down the institution to “send the message that crypto is toxic”. Share this article Flagstar is taking over

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The Market’s Compass Developed Markets Country ETF Study

The Market’s Compass Developed Markets Country ETF Study

[ad_1] Welcome to a new publication of the Market’s Compass Developed Markets Country (DMC) ETF Study. It continues to highlight the technical changes of the 22 DMC ETFs that we track on a weekly basis and share our technical opinion on, every three weeks. There are three ETF Studies that include the Market’s Compass US

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Is There an Operation to Bring Down Crypto?

Is There an Operation to Bring Down Crypto?

[ad_1] If someone stated that there was a clandestine plot to fatally impede the crypto industry in the US, being executed by the government and its regulatory authorities, you might conclude that they sounded overly conspiratorial. However, these ideas are being articulated by a number of well-known figures within the overlapping worlds of crypto, finance

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