The Latest Crypto Market News
-
Visa's crypto strategy targets stablecoin settlements
Cointelegraph.com News - 5 February 2023, 4:03 pmAt the StarkWare Sessions 2023, Visa’s Cuy Sheffield shared the company’s vision for digital assets. Payment company Visa is seeking to build a “muscle memory” to settlements, aiming to allow customers to convert digital assets to fiat currencies on its platform, according to the company’s head of crypto division Cuy Sheffield at the StarkWare Sessions…Read More
-
NFT Market Remains Resilient With 1.23% Increase in Sales, Ethereum Dominates With 81% of Total NFT Settlements
Bitcoin News - 5 February 2023, 3:00 pmNon-fungible token (NFT) sales rose slightly last week, increasing 1.23% to $232.49 million in recorded sales. The top two NFT collections, Otherdeed and Doodles, saw growth of 44% to 58% compared to the previous week. Ethereum continues to dominate the NFT industry, accounting for more than 81% of total sales last week with $188.51 million…Read More
-
What is the global financial crisis and its impact on the global economy
Cointelegraph.com News - 5 February 2023, 2:00 pmThe Global Financial Crisis was a widespread economic downturn that began in 2008 and resulted from the collapse of the housing market and investment banks. When the financial system or the economy as a whole undergoes a rapid and large decline, it is said to be in a financial crisis. Financial assets like stocks, bonds,…Read More
-
BTC Institutional Investor Forecast for 2023, Musk Makes McDonald’s Promise Again, Kiyosaki Says ‘We Are in Global Recession’ and More — Week in Review
Bitcoin News - 5 February 2023, 12:30 pmAs the first month of the new year is behind us, things continue to heat up on the world stage in regard to crypto price predictions, social media hype surrounding meme coins like dogecoin, warnings of macroeconomic peril, and more and more political powers attempting to control permissionless cryptocurrencies via regulations and policy. For an…Read More
-
Starkware commits to open source its ‘magic wand’ Starknet Prover
Cointelegraph.com News - 5 February 2023, 12:00 pmThe prover is the crucial engine Starkware uses to roll up hundreds of thousands of transactions and compress them into a tiny cryptographic proof written on the Ethereum blockchain. Ethereum layer 2 scaling solution StarkWare announced plans to open source its proprietary Starknet Prover under the Apache 2.0 license, which has processed 327 million transactions…Read More
-
Bitcoin price may retest $20K on US CPI amid absence of soft landing — trader
Cointelegraph.com News - 5 February 2023, 11:01 amThe Fed will not save the U.S. from recession with rate hikes, and risk assets will suffer, Michaël van de Poppe warns. Bitcoin (BTC) could face a retest of $20,000 and the United States will fail in its plans for a “soft landing” on inflation, a new analysis says.In a YouTube update on Feb. 5,…Read More
-
Is it possible to achieve financial freedom with Bitcoin?
Cointelegraph.com News - 5 February 2023, 10:40 amBitcoin aims to bring power back to the people. Beyond that, a calculated investment in Bitcoin can potentially bring one closer to financial freedom. But how does one do that? Over the last 14 years, investors have been attracted to Bitcoin (BTC) for many reasons — from being a potential solution to the economic woes…Read More
-
Australian Government Says It Is Working to Ensure ‘Regulation of Crypto Assets Protects Consumers’
Bitcoin News - 5 February 2023, 10:00 amThe Australian government has said it will take steps to ensure the “regulation of crypto assets protects consumers” and one of these steps will be the reforming of “the licensing and custody of crypto assets.” The Anthony Norman Albanese-led government also said it has released a consultation paper that explores “which elements of the crypto…Read More
-
Filecoin Creator Protocol Labs Announces Layoffs Amid Crypto Winter and Economic Downturn
Bitcoin News - 5 February 2023, 7:30 amProtocol Labs CEO Juan Benet published a blog post on Friday announcing that 21% of the company’s staff will be laid off. Protocol Labs is the creator of the blockchain network Filecoin. Benet emphasized in the blog post that it has been an “extremely challenging economic downturn, worldwide, and especially in the crypto industry.” Protocol…Read More
-
Binance to Support Georgia’s Crypto Industry Through Blockchain Education
Bitcoin News - 5 February 2023, 5:00 amDigital asset exchange Binance has agreed to help Georgia to develop its cryptocurrency sector by launching educational and other blockchain initiatives. The leading coin trading platform has been expanding its presence in the region with similar projects in other countries. Binance and Georgian Tech Agency to Jointly Develop Country’s Crypto Economy The world’s largest cryptocurrency…Read More