Former BitMEX CEO Arthur Hayes hinted he may rebalance his investments away from bitcoin (BTC) and in favor of Ethereum’s native ETH token, arguing “a massive wall of money” will enter ETH once it is seen as an ESG-friendly, yield-bearing asset to push its price north of USD 10,000. Writing in a new essay…
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Is the race on? This is a question that at least some people have been asking ever since El Salvador made bitcoin (BTC) legal tender in September, and with the Swiss city of Lugano doing essentially the same thing at the beginning of March, it’s arguably only a matter of time before other countries…
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Prices of nearly all major cryptoassets traded higher today, as sentiment among market participants improved following a Russian idea (a very preliminary one) of accepting bitcoin (BTC) for oil & gas, news that an oil giant is mining BTC, and speculations that a bitcoin spot-based exchange-traded fund (ETF) could launch next year. Moreover, Terra…
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A new report from the crypto-focused financial services firm BitOoda has reiterated a reduced hashrate projection for the Bitcoin (BTC) network for 2022, despite hashrate growth so far this year being stronger than expected…. Read More: Analysts Keep Reduced Hashrate Estimate for Bitcoin Despite Growth Exceeding Model Read more »Pay, Trade, Buy Bitcoin with…
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While optimism strengthened in the crypto market on Tuesday, after bitcoin (BTC) tested USD 43,000, and bullish sentiment remained in ethereum (ETH), some analysts warn that “choppy short-term movements may still continue.” In either case, the recent bullish moves came despite comments from US Federal Reserve (Fed) Chairman Jerome Powell that were seen as…
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More than three weeks in and the Ukraine-Russia war is still raging, despite negotiations over a possible peace settlement. While the human costs of the war are something that can never be repaid, the war has also had a noticeable impact on the global economy and financial markets, including the crypto market…. Read More:…
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Jeffery S. Bredthauer, Associate Professor Of Finance, Banking and Real Estate, University of Nebraska Omaha.____ The Federal Reserve has begun its most challenging inflation-fighting campaign in four decades. And a lot is at stake for consumers, companies and the U.S. economy…. Read More: Fed Can’t Stop Prices From Going Up Anytime Soon, But There’s…
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Non-fungible tokens (NFTs) are poised to become “critical pieces of the sports technology infrastructure,” PricewaterhouseCoopers LLP (PwC), a multinational professional services network that offers business advisory services, said in its latest report. Titled ‘Sports Outlook 2022,’ the report dives into the potential of NFTs within the sports industry, arguing that digital assets are among…
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BNB, the exchange token issued by Binance and used on the BNB Chain too, could reach a price of more than USD 500 this year, while further rise to close to USD 2,500 is in the cards by the year 2030, according to a panel of industry players surveyed by comparison website Finder…. Read…
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Nasir Aminu, Senior Lecturer in Economics and Finance, Cardiff Metropolitan University. ____ The Russian assault on Kyiv and other Ukrainian cities has intensified uncertainty in the world economy. To condemn Putin’s war, western leaders announced some restrictive economic measures to target Russian financial institution and individuals…. Read More: Could the Ukraine Invasion Spark a Global…
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