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SEC-retly Failing: How the SEC Is Letting Crypto Down

SEC-retly Failing: How the SEC Is Letting Crypto DownWhen Gary Gensler (ex-Goldman Sachs investment banker) was announced as the new head of the Securities and Exchange Commission (SEC) in February 2021, the crypto industry saw a glimpse of hope. After all, the man in charge of regulating the industry was a “crypto native,” having taught a course on the subject at MIT. However, […]

Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024

Industrial Giant Siemens Issues €60 Million Digital Bond on Blockchain

Industrial Giant Siemens Issues €60 Million Digital Bond on BlockchainGerman conglomerate Siemens has for the first time issued a blockchain-based digital bond denominated in euros. In an announcement, the corporation highlighted the benefits of using blockchain, including the opportunity for direct sale to investors. Digital Bond Issued Under Germany’s Electronic Securities Act The largest industrial manufacturer in Europe, Siemens, announced it has become one […]

Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024

US Inflation Remains Higher Than Expected, Raising Concerns Among Investors

US Inflation Remains Higher Than Expected, Raising Concerns Among InvestorsU.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate. Inflation in the US Remains High, Causing Uncertainty in Markets Inflation in the United States exceeded expectations among analysts […]

Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024

Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell 

Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-point increase. The FOMC statement further detailed that ongoing rate increases are anticipated to bring inflation down to the target range of 2%. FOMC Outlines […]

Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024

Market Strategist Warns of ‘Blood’ on February 1 Ahead of Fed Meeting

Market Strategist Warns of ‘Blood’ on February 1 Ahead of Fed MeetingStocks, precious metals, and cryptocurrencies rallied during the first month of the year, and market strategists are saying that markets could retract in the near future if the U.S. Federal Reserve keeps hiking rates and maintaining a broader tightening policy. In three days, on Feb. 1, 2023, the Federal Open Market Committee (FOMC) is set […]

Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024

Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go

Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees GoThe crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and “industry-wide capitulations” as reasons for the layoffs. Matrixport Lays Off 10% of Staff as Crypto Winter Continues Jihan […]

Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024

Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens

Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness DeepensEquity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments, and 3M were also lackluster. Gold and silver prices were down between 0.43% and […]

Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024

Crypto Regulation Is Like a Flimsy Umbrella in a Monsoon

Crypto Regulation Is Like a Flimsy Umbrella in a MonsoonYou know what they say, “when life gives you lemons, make lemonade.” But when it comes to protecting your crypto funds on centralized exchanges (CEXes), the old adage should be “when life gives you regulations, make a self-custody wallet.” Self-custody is undoubtedly a better solution for protecting the interests of customers in crypto. Regulation alone […]

Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024

Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down

Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it DownAs investors examine the next move of the Federal Reserve, analysts, economists and market participants are also closely monitoring inflation levels. In Dec. 2022, the annual inflation rate dropped to 6.5%, and many experts predict it will decrease further. However, economist Mohamed El-Erian of the University of Cambridge believes inflation will become “sticky” in midyear, […]

Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024

Report: Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate Regime

Report: Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate RegimeThe exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation came just a few months after it adopted a flexible exchange rate regime. According to the International Monetary Fund, the monetary authorities in Egypt have […]

Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024