Bitcoin plummets, loss cut of 40 billion yen, major alts also fall in reaction
Macroeconomics and financial markets On the US New York stock market on the 8th of last week, the Dow Jones Industrial Average closed 130.4 points (0.36%) higher than the previous day, and the Nasdaq Index closed 63.9 points (0.45%) higher….
Taiwan central bank highlights benefits of CBDC and real asset tokenization (RWA)
“RWA tokenization and CBDC are the keys to transformation†On the 7th, Deputy Governor of the Central Bank of Taiwan, Mei-Li Zhu, advocated “Banking 4.0†and talked about the benefits of central bank digital currency (CBDC) and real asset (RWA)…
Overheated bulls exit as Bitcoin falls 4% ─ Funding rate normalizes | CoinDesk JAPAN
Bitcoin (BTC) fell sharply on December 11th, validating the caution shown by the options market last week. The 4% drop to $42,000 cooled the overheated perpetual futures market, paving the way for a steady rally toward the end of the…
Bitcoin, Ethereum Record Losses; FTX Token Becomes Top Loser
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the $43,000 level on Monday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $2,300 mark this morning. Injective (CRYPTO: INJ) was the top gainer over the prior…
“Please Stop This War Against Us”: Gaza Doctor Begs for World’s Help as Hunger & Disease Spread
We get an update from one of the few hospitals still operating in southern Gaza from Ahmed Moghrabi, a doctor at Nasser Hospital, who describes horrific conditions. “I’ve developed [a] psychological disorder,†says Moghrabi, who himself is barely surviving on…
State Dept. Whistleblower Blasts Blinken for Bypassing Congress to Send 14K Tank Munitions to Israel
The Biden administration has bypassed Congress to approve an “emergency†sale of over $100 million of tank ammunition to Israel. Congress was notified just hours after the United States vetoed a U.N. Security Council resolution calling for a Gaza ceasefire….
It’s ‘The Most Hated Rally,’ Market Analyst Says Of Bitcoin, Solana And Avalanche: Here’s Why
Institutional investors are waiting on the sidelines for more crypto regulations, according to the chief strategy officer of market intelligence firm CoinShares. Bitcoin (CRYPTO: BTC) has surged over 14% this week and hovering around $44,000, a stark contrast to its…
Mark Cuban Loves Cryptocurrency So Much That He Didn’t Abandon It After His Digital Wallet Was Robbed
Mark Cuban loves cryptocurrency so much that he continued to advocate for it as an alternative investment after someone hacked his digital wallet for nearly $1 million. The multibillionaire owner of the NBA’s Dallas Mavericks is famous for his “no…
Spot ETF Makes Bitcoin Entry Easier; Borroe Finance Presale Approaches $2M Mark
In the world of cryptocurrency, the winds of change are blowing, and they’re bringing in some exciting developments. The much-anticipated spot Bitcoin ETF is on the horizon, simplifying Bitcoin investments for the everyday investor. Meanwhile, BorroeFinance ($ROE), a rising star…
Will Bitcoin (BTC) to $50K Come Sooner or Later? Interest in Hedera (HBAR) & InQubeta (QUBE) Surges
The cryptocurrency rollercoaster continues, and Bitcoin (BTC), the best crypto to invest in now, has breached the $43K mark, having experienced a 15.46% rise in the first seven days of December. The burning question on everyone’s mind is whether BTC…