The U.S. House is exploring a bill that would ban the import of Russian oil and energy products, a move that could add to economic pressure as more companies pull out of the country in response to Moscow’s invasion of Ukraine.
It is often believed that a strong adoption of cryptocurrencies by the general public will imply an increase in the value of digital assets and thus enrichment for investors. However, it may not be exactly as expected. In fact, according to Goldman Sachs Bank, increased demand could simply result in stronger correlations with traditional markets.
Despite several days of declines, the stock market indices ended the week slightly higher, making up for some of the widespread losses this month. The market's troubles are far from over, however. Many CEOs and founders of technology companies are, not surprisingly, among the billionaires whose fortunes have fallen the most since the market close, according to Forbes estimates.
The founder of investment firm SkyBridge Capital, Anthony Scaramucci, said that long-term bitcoin investors should not worry about the asset's recent correction, as it has a high potential to reach $500,000 in five years. Speaking to Kitco News, Scaramucci noted that the true value of bitcoin is based on the asset's growing network that will take little time to surpass gold.
A new report from ARK Invest suggests that ether's market capitalization will reach $20 trillion and bitcoin's (BTC) price will exceed $1 million by 2030, based on bitcoin's use cases and how ether captures TradFi's market share.
Soon, the former club of La Pulga, FC Barcelona, will choose one of three companies wishing to become its shirt sponsor, sleeve and training kit. These are VeganNation, Shopify and Polkadot. Only remains to wait for the verdict of the leaders of the club, and this with suspense.
Jerry Brito, executive director of the nonprofit crypto policy advocacy group Coin Center, suggested that U.S. residents call their elected officials about potential privacy and due process issues in a new bill proposed by House leadership.
Cryptocurrency exchange Coinbase has announced that it has entered into a new partnership with the company Mastercard. It even unveiled the goal: to promote and revolutionize the experience of buying non-fo
Russia can legalize cryptocurrency mining and gold-backed stablecoins under government control, a senior member of the Russian parliament has suggested. What is surprising is the fact that the statement comes after the Bank of Russia proposed a complete ban on the use of cryptocurrencies, their trading and mining.
Elon Musk described Twitter's non-fungible tokens as annoying. The social networking platform has taken a big step forward to integrate non-fungible tokens with the profile picture. This feature allows users to use their NFTs as profile pictures by connecting their wallets. However, this decision does not seem to move the richest man in the world.
Freshly elected mayor of New York City, Eric Adams said last November that he was ready to receive his first three paychecks in bitcoin. Two months later, this bold move is now in effect as the cryptocurrency is at its worst. Details in the following.