Bitcoin, stocks react to hotter-than-expected CPI data
Bitcoin price was trading sideways after hitting highs of $22,300, with major US indexes also down. The markets’ reaction comes after hotter-than-expected inflation data for the first month of 2023.…
Fantom (FTM) price rebounds ahead of US inflation data
FTM price rose modestly ahead of the upcoming US inflation data. It has also done well as traders wait for the upcoming fUSD stablecoin launch. Fantom (FTM) price made a…
Bitcoin awaits US CPI data; head and shoulders paints a bearish picture
The US CPI data is the main economic event of the trading week. Inflation has been the main driver of monetary policy for more than a year now; thus, every…
NFT marketplace Magic Eden and MoonPay partner on credit card payments
Magic Eden has announced a strategic partnership with MoonPay. The two entities will work together to offer new payment options for purchasing digital collectibles. MoonPay raised $555 million in November…
Binance withdrawals surge post SEC’s Paxos clampdown
The SEC issued a wells notice to Paxos concerning the issuance of Binance USD (BUSD) stablecoin. Shortly after, the NYDFS ordered Paxos to stop issuing BUSD. While BUSD issuance stopped,…
Binance Coin extends losses as BNB dumps 10% amid negative news
Binance Coin price fell amid news around Paxos and its stablecoin BUSD BNB traded to lows of $284, extending intraday declines from highs of $321 as uncertainty engulfed the stablecoin.…
Cathie Wood spends another $9.20 million on Coinbase stock
Cathie Wood bought 162,325 shares of Coinbase Global Inc on Friday. Her stake in the crypto exchange is now worth more than $18 billion. Coinbase stock has already rallied about…
UK’s digital pound project shows future of money is digital, says HANetf co-founder
HANetf co-founder & co-CEO Hector McNeil was commenting on the UK Treasury and Bank of England’s recent announcement regarding a digital pound. McNeil says “cash is on decline” and that…
Blockchain Company Paxos Trust ordered to stop issuing Binance USD
The NYDFS has ordered Paxos Trust Co. to stop issuing BUSD stablecoin. This comes after the SEC issued Paxos with a wells notice on the same. The SEC alleges Binance…
AshSwap the first stable-swap DEX Launches on MultiversX Mainnet
Ho Chi Minh City, Vietnam, 11th February, 2023, Chainwire AshSwap, the first stable-swap DEX on the MultiversX blockchain (previously Elrond Network), is officially launching on the MultiversX mainnet on February…