JPMorgan Advises Investors to Sell Crypto, Buy Value Stocks — Says the Fed Overestimates Strength of US Economy
The chief global strategist of JPMorgan Asset Management has advised investors to focus on valuations, invest in value stocks, sell...
Bitcoin
Fugitive Founder of Turkish Crypto Exchange Thodex Arrested in Albania
Albanian authorities have detained the founder and chief executive of the Turkish cryptocurrency exchange Thodex, who allegedly fled Turkey with...
Publicly-Listed Bitcoin Miner Cleanspark’s Hashrate Exceeds 3 Exahash, Firm Records Daily Production High of 13.25 BTC
Bitcoin miner Cleanspark says it experienced accelerated growth amid the crypto winter this year and the operation’s hashrate has surpassed...
Meta Reveals Cross-Posting NFT Compatibility Between Facebook and Instagram
Meta, the corporate entity behind the social media platforms Instagram and Facebook, has revealed that non-fungible token (NFT) support now...
Hubble Protocol Launches Kamino Finance to Optimize Yields for Liquidity Providers on Solana
PRESS RELEASE. LONDON | August 30, 2022 – Hubble Protocol, home of the USDH stablecoin, has launched Kamino Finance: the...
Biggest Movers: FLOW up 12% on Tuesday, Hitting 5-Day High
Flow rose for a second consecutive session on Tuesday, as the token climbed by 12% earlier in the day. The...
Whale Spends 10,000 BTC Worth $203M, Bitcoins Stem From the Infamous 2011 Mt Gox Hack
In two days’ time, bitcoin’s price dropped to fresh August lows as it dipped below the $20K per unit region...
More Than a Third of Africa’s 53 Million Crypto Owners Are From Nigeria, Study Shows
With an estimated 53 million cryptocurrency owners, the African continent now accounts for 16.5% of the global total, a study...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Markets Rebound
Bitcoin was back above $20,000 on Tuesday, as bulls seemingly moved in to buy following the recent dip in price....
Xbox Boss Phil Spencer Skeptical About Metaverse, Criticizes Play-to-Earn Models
Phil Spencer, head of the Xbox brand, believes that the metaverse has been with us since 30 years ago, when...
Nigerian Central Bank Slashes CBDC Transaction Fees by 50%
The Central Bank of Nigeria has said it is slashing transaction fees for the e-naira platform by 50% — a...
Amid Colorado’s Gas Flare Ban, Report Shows Half Dozen Gas and Oil Firms Are Raking in a Lot of Bitcoin
In November 2020, Colorado banned gas flaring, venting, and the release of raw gas into the atmosphere. While the centennial...
Senator Warren ‘Very Worried’ About Federal Reserve Raising Interest Rates, Tipping US Economy Into Recession
U.S. Senator Elizabeth Warren says she is “very worried” that the Federal Reserve will tip the economy into recession. “There...
IMF Expects US Economy to Experience High Inflation for at Least Another Year or Two
The International Monetary Fund (IMF) expects the U.S. economy to experience high inflation for at least another year or two....
Goldman Sachs Urges Investors to Buy Commodities Now — Expects Equities to Suffer as Inflation Stays Elevated
Global investment bank Goldman Sachs has urged investors to buy commodities now and worry about a recession later. The firm’s...
