Stablecoin Economy Reaches 20-Month Low as BUSD Redemptions Surpass 10 Billion Tokens in 3 Months
Three months have handed since Paxos made the choice to stop the manufacturing of recent BUSD tokens, complying with the directive issued by the New...
Silver Set to Shine: Citigroup Analysts Forecast $30 Value in Next 6-12 Months
Citigroup analysts foresee a major improve in silver’s worth, probably hitting $30 per unit inside the subsequent 6-12 months, in response to the multinational financial...
Crypto Hacks Plunge 70% in Q1 2023, Victims Recover Over Half of Stolen Funds, however Experts Warn of Temporary Relief
On May 22, 2023, a report launched by the blockchain evaluation agency TRM Labs delved into almost 40 hacks and assaults on cryptocurrency initiatives inside...
Rate Hikes Affecting Housing Markets in Eurozone, United States, ECB Study Shows
Interest price hikes within the euro space are already inflicting a decline in housing funding, the zone’s central financial institution revealed in a examine. While...
PEPE Token Continues Downward Spiral, Registers 60% Drop From All-Time High
The meme-based token pepe (PEPE) has skilled a 14.9% decline towards the U.S. greenback during the last 24 hours, persevering with its downward pattern from...
Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency
According to Brazil’s president Luiz Inácio Lula da Silva, growing nations ought to abandon the U.S. greenback and strengthen their very own nationwide currencies. During...
Bitcoin Miner Bitdeer Technologies to List on Nasdaq through SPAC Deal
According to a latest submitting with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining agency based by crypto-billionaire Jihan Wu...
US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’
The banking business within the United States remains to be struggling after the collapse of three main banks. According to statistics, financial institution lending within...
Crypto ATM Numbers Drop by 13.91% Since December 2022, Over 3,600 Went Offline in March
According to information from the cryptocurrency automated teller machine (ATM) aggregation web site Coin ATM Radar, over 3,600 crypto ATMs went offline in March. Since...
Shares of Deutsche Bank, Other Euro Lenders Tumble
Deutsche Bank shares plunged on Friday, together with the shares of different European banks, amid investor considerations over the steadiness of the worldwide banking sector....