San Francisco Federal Reserve Seeks Crypto Architect for Exciting CBDC Project!
San Francisco’s Federal Reserve Bank Announces Vacancy for Crypto Architect – A CBDC Project The San Francisco division of the Federal Reserve Bank has showcased interest in diving into the crypto world. Through a recent job posting on Indeed, it’s evident that the bank is determined to hire a crypto architect. This individual will be […]
Benjamin Cowen Predicts Massive 40+% Plunge in Altcoins Value Against BTC – Brace Yourselves!
Into The Cryptoverse’s CEO and co-founder, Benjamin Cowen, made a prediction on Twitter earlier today regarding the future of altcoins. According to Cowen, the “altcoin reckoning” is not yet over. This reckoning refers to the drastic devaluation of altcoins against Bitcoin (BTC), the leading cryptocurrency. Cowen speculates that altcoins may still see a 40%-50% decrease […]
Global X ETFs Partners with CoinDesk for Innovative New Bitcoin ETF: A Game Changer
New Bitcoin ETF Tracks BTC Futures and CoinDesk BTC Trend Indicator Index Unlike traditional Bitcoin ETFs which are spot-based, this new ETF is setting the bar high with its innovative structure. Not only will it be monitoring BTC futures contracts, but it also keeps a close eye on the CoinDesk BTC Trend Indicator Index. This […]
Investors Spooked by Economic Uncertainty, Crypto VC Funding Experiences Dramatic Fall!
Analysis of Venture Capital Investment Trends in June In the last month of the first half of 2023, Venture Capital (VC) investments experienced a significant drop-off; sinking by 29.73% to $779.32 million across a total of 62 separate deals, according to the data provided by the Cointelegraph Research Venture Capital Database. This decrease occurred despite […]
CoinCenter Slams US Senate’s Striking New DeFi Regulation Bill: Why Should You Care?
Crypto-Asset National Security Enhancement and Enforcement Act (CANSEE): Reactions and Implications As part of recent legislative developments, a bill known as the Crypto-Asset National Security Enhancement and Enforcement Act (CANSEE) has been introduced with the intent of introducing stringent regulations on individuals involved in decentralized finance, commonly known as DeFi. Purpose of the CANSEE Act […]
Polychain Capital and Coinfund Nab $350M for Exciting New Cryptocurrency Funds: Exclusive Report!
Funding Update on Major Crypto Venture Capital Firms In recent news, over $350 million has been raised by crypto venture capital (VC) firms Polychain Capital and Coinfund. The respective firms reported raises of $200 million for a new investment fund and $152 million for a seed fund. Polychain Capital: $200 Million Raised So Far A […]
Dramatic Twist: Digital Ad Giant Aleph Abruptly Withdraws its Planned IPO Registration!
Digital Advertising Giant Aleph Group Withdraws Planned IPO Registration Aleph Group, the digital advertising company noted for its wide-ranging operations in emerging markets, has announced that it would not follow through with its previously filed initial public offering. Headquartered in the vibrant cities of Dubai and Buenos Aires, the company primarily targets emerging countries with […]
Shocking Surge: U.S Corporate Defaults Hit 55, Toppling 2022’s Entire Year-End Record!
The year-to-date (YTD) corporate default tally in the United States has experienced a significant surge, according to a recent report by Moody’s Investors Service. There has been a notable increase in corporate defaults as this YTD count stands at 55, outpacing the total number of defaults recorded for the entire year of 2022, which was […]
Dow and Nasdaq Smash Record Highs, Stocks Soar in Final Trading Hour!
A Brief Overview of The Major Stock Indexes Performance on Monday’s Trading Last Monday was a fascinating day for the financial market with the three major stock indexes, namely the Nasdaq Composite, the Dow, and the S&P, all experiencing satisfactory growth and heading into a positive direction. Primarily, the Nasdaq Composite led the pack with […]
June CPI Report Triggers Largest One-Day Drop in Treasury Yields Since May
U.S. Government Debt: Interest Rate Movements The rates on United States government debt securities have taken a noticeable dip, moving towards their most substantial one-day drops since May. This trend can be directly attributed to the consumer price index (CPI) for June’s findings, which indicate a further easing of the U.S. inflation rate. These dynamics […]