How America Worsened Inflation America’s inflation problem gets worse Data: Bureau of Labor Statistics; Chart: Axios Visuals Another month, another terrible inflation report. There’s no way to put a positive gloss on the atrocious numbers. Why it matters: Price increases show no signs of slowing. That will add urgency to the Federal Reserve’s aggressive campaign to cool […]
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:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/IPRNW7KCBBBYFEKGQMPX5CGQHI.jpg "Thai Energy Billionaire Turns to Crypto to Boost Growth: Report")
While crypto market cap has tumbled from November’s high, the market is “still sound” and has “high potential” for growth, Gulf Energy CEO Sarath Ratanavadi said. Thailand’s second-richest person plans to increase his crypto-related investments in the coming months despite scrutiny from the local government and falling participation from retail traders on local exchanges, Bloomberg
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BAYC members Eminem and Snoop Dogg will perform “From the D 2 the LBC” on an Otherside metaverse transformed stage. Nonfungible token- (NFT)-friendly rap icons Eminem and Snoop Dogg will be performing at MTV’s Video Music Awards (VMAs) together on Sunday in a performance inspired by the Otherside metaverse and Bored Ape Yacht Club (BAYC) NFTs. The Otherside
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Bitcoin Depot is set to list on the Nasdaq under ticker symbol ‘BTM’ by Q1 2023 through an $855 million SPAC deal. Bitcoin Depot is set to become a publicly-traded company on the Nasdaq under ticker symbol BTM. The bitcoin ATM firm currently operates over 7,000 ATMs across the U.S. The company will list through
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KEY POINTS Digital currency prices have crashed massively since their peak in November sparking a new “crypto winter” — a period of prolonged depressed prices. But Edith Yeung, a general partner at Race Capital, said it will be a “warm winter” because it will push out people from the industry who were there for short-term
The central bank and the Securities and Exchange Commission (SEC) of the Philippines discussed crypto regulation in a Senate hearing with the participation of several executives from the crypto industry, including from crypto exchange Binance. Philippine Regulators Discuss Crypto Policies Philippine regulators recently discussed cryptocurrency regulation with some executives from the crypto industry in a
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American DJ and EDM producer Steve Aoki, in collaboration with artist Greg Hildebrandt, will release his Non-Fungible Token (NFT) collection on August 29th at 2 pm. This time, 777 covers art-inspired NFTs and will be released as an NFT series, open to the public for 1.5 SOL. Greg Hildebrandt, the illustrator, designed these NFTs to feature
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Nifty: M&M’s jump into BAYC mania, a Pudgy Penguin sells for 400 ETH and more Owners of luxury watches can now verify ownership as NFTs and then take DeFi loans out against them, while Miley Cryus may soon enter the Metaverse and NFTs with new patents. Global confectionery giant Mars has teamed up with virtual metaverse
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:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/VJM26RLM4NASXF5NZKFV5VAHT4.jpg "Ether Leads Crypto Recovery on Merge Confirmation, but Traders Remain Cautious")
Buying ether ahead of the Merge is likely an overextended play, one trader said. Ether (ETH) rose some 5% in the past 24 hours to lead a recovery among major cryptocurrencies as Ethereum developers confirmed The Merge’s dates on Wednesday. The Bellatrix upgrade will activate on the Beacon Chain on Sept. 6, as reported. The upgrade
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Customers of Sullivan Bank will be able to buy, sell and hold bitcoin and one other crypto through Bakkt Holdings’ Crypto Connect platform in one mobile app. Bakkt Holdings partnered with Sullivan Bank in Missouri to offer its clients access to bitcoin. Bakkt’s Crypto Connect platform supports warm and cold wallet storage, though it is
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