The early burst of investor excitement over the potential loosening of COVID restrictions in China has dissipated, and the pound (GBP) fell on Monday even though sterling was still within striking distance of five-month highs versus the dollar (USD). After China prepared to announce yet another batch of steps to loosen limits on activity, which […]
According to recent data, the number of Bitcoins held by organizations with 10 to 100 BTC has sharply increased. According to the data gathered, between 2018 and 2022, there were 2.98 million more coins available for use in Bitcoin wallets holding between 10 and 100 BTC. There are now significantly more Bitcoin wallets holding smaller […]
The Canadian Dollar (CAD) did not particularly perform well last week relative to its major rivals, with losses against the US dollar (USD), the euro (EUR), and the pound sterling (GBP). Poor economic data that pointed to a slowdown in the economy as well as the early drop in oil prices pushed down the CAD. […]
While everyone’s attention is on Sam Bankman-Fried’s interviews, DeFi hackers have not been resting on their oars, with Ankr Protocol reporting an exploit on their platform. There has been a significant Ankr Protocol exploit, albeit there aren’t many specifics available at the present. The development team disclosed that its aBNB coin had been exploited on […]
On Friday, the Australian dollar (AUD) and New Zealand dollar (NZD) maintained significant weekly gains as the sharp decline in Treasury rates hurt their American counterparts and indications of a loosening of China’s zero COVID policy raised risk sentiment. AUD and NZD Tap Monthly Peak Against Weakening USD The Australian dollar, which yesterday hit a […]
The rules governing the disclosure of and taxation of digital assets appear to be expanding and becoming more stringent in Rome. The adjustment is most likely to occur in conjunction with Italy’s 2023 budget, which is anticipated to target gains from cryptocurrency trading and wealth. According to Bloomberg, a proposal in the budget by the […]
The USD/JPY pair dropped by 420 or so points between the Asian and US sessions on Thursday, highlighting its vulnerability to US data and the dollar index (DXY). Following last night’s speech by Federal Reserve Chair Jerome Powell, the decline gained momentum, and it persisted during the Asian session as Bank of Japan policymaker Asahi […]
Lucky Block (LBLOCK) is expected to soar after the opening of the crypto-powered Lucky Block Casino and Sportsbook earlier this week, supported by a fresh marketing push. The $58 billion online gambling market is expected to grow substantially by 2021, and the industry’s main disruptors are the crypto entrants. Lucky Block is entering the fray […]
Twitter could become an all-in-one app with Dogecoin (DOGE) as the default payment method on the rumoured Tesla Smartphone. Elon Musk first imagined this scenario for Twitter 2.0, but it soon became more likely. Musk and Apple’s divergent points of view sparked a heated debate on Twitter, where everyone was forced to pick a side. […]
