The dollar index, which gauges the USD’s exchange rate against major fiat currencies, initially strengthened after the Fed kicked off the rate-cut cycle in mid-2000, September 2007, and August 2019. The S&P 500, a proxy […]
Key takeaways The crypto market recorded a huge selloff on Wednesday, with Bitcoin retesting the $40k level before bouncing back above $42k. Meanwhile, leading meme coins Dogecoin and Shiba Inu also recorded massive losses yesterday. […]
“This market will resolve to ‘Yes’ if any spot Bitcoin ETF receives approval from the SEC by January 15, 2024, 11:59:59 PM ET. Otherwise, this market will resolve to ‘No,’” conditions of the bet say. […]
The United States central bank has released the minutes of its December meeting revealing its outlook on interest rates for the coming year. The Federal Reserve’s latest policy statement was published on Jan. 3, as […]
The Financial Services Commission (FSC) of South Korea has highlighted concerns regarding the illicit promotion of gambling via credit card transactions on foreign cryptocurrency exchanges. “Therefore, virtual assets are stipulated as subjects of payment prohibition […]
Crypto markets have shed around $100 billion in less than 24 hours. However, with market capitalization increasing, these flash crashes and washouts have become the norm and are even necessary, according to analysts. Total crypto […]
The Ethereum Name Service token is moving in the opposite direction to crypto markets today following a big endorsement by Ethereum co-founder Vitalik Buterin. As a result, ENS token prices have made double-digit gains while […]
A recent report outlines that the existence of terrorist generative AI chatbots could potentially pose a major threat whether they are made for shock value, experimentation or even satire. “The new Online Safety Act is […]
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