Author Kosta Gushterov
Interest Rates Should be Cut Immediately, According to a Former President of the New York Fed
Bill Dudley, the former president of the Federal Reserve Bank of New York, reversed his position, advocating an immediate cut in interest rates instead of keeping them higher for an extended period.
Revolut Receives Important License in the UK
On July 25, non-bank Revolut announced that it had received a restricted banking license from the UK’s Prudential Regulation Authority (PRA), which oversees the banking sector.
Coinbase Fined $4.5 million by the UK’s FCA
The UK’s Financial Conduct Authority (FCA) has fined CB Payments Limited (CBPL), a subsidiary of Coinbase Group, $4.5 million for breaches of anti-money laundering rules.
What Could Push the Bitcoin Price Above $130,000 According to VanEck
VanEck has shared its ambitious forecast that Bitcoin (BTC) could reach $2.9 million in the next 26 years.
Senator Cynthia Lummis Wants the Fed to Hold Bitcoin as a Reserve Currency
Senator Cynthia Lummis, recognized for her pro-crypto stance, intends to propose that the Federal Reserve (Fed) hold Bitcoin (BTC) as a strategic reserve asset, similar to gold and foreign currencies.
The Stock Market Lost $1 Trillion on its Worst Day Since 2022 – Who’s to Blame?
Investor enthusiasm for artificial intelligence (AI) weakened on Wednesday, sparking a $1 trillion drop in the Nasdaq 100 Index.
Peter Schiff Predicts a Crypto Market Crash and Shares How the Next Recession Will Start
Renowned economist Peter Schiff has warned that conditions in the cryptocurrency sector are predisposing for a potential crash.
Did Kamala Harris Call Bitcoin “Money for Criminals”?
David Bailey, CEO of Bitcoin Magazine, claims that the new Republican presidential candidate Kamala Harris has called Bitcoin “money for criminals.”
Ethereum ETFs Registered Negative Results on the Second Day of Trading – What is the Reason?
On its second day of trading, the US-based spot Ethereum ETFs performed worse than the first day as they registered a net outflow of $113.3 million.
Debt Box Co-Founder Kidnapped in Dubai, $400 Million Stolen
In a recent shocking development, it was reported that Jason Anderson, co-founder of the cryptocurrency company Debt Box, was kidnapped and over $400 million was stolen.