CPI Report Spurs Optimism, BlackRock CIO Forecasts Fixed Income Growth
May 18, 2024 19:28 pm UTC| Technology Digital Currency
The release of the U.S. The Consumer Price Index (CPI) report provided a wave of relief to the financial markets. This signaled a possible reduction in inflationary pressures. Rick Rieder, Chief Investment Officer of...
Over 50 Million USDT Blacklisted by Tether Amid Regulatory Scrutiny, Details Inside
May 18, 2024 19:16 pm UTC| Technology
Tether has blacklisted five wallets holding 54.1 million USDT, amidst increasing regulatory scrutiny and past enforcement actions. Tether Blacklists Five Wallets Holding 54.1 Million USDT Amid Ongoing Regulatory...
Altcoins Expected to Yield 2x-5x Gains by May End: Fetch.AI, Floki, AAVE, ENA
May 18, 2024 14:50 pm UTC| Technology Digital Currency
The latest climb in Bitcoins price beyond $65,000 on Wednesday sparked a new relief rally in the cryptocurrency market. Top altcoins are also profiting from the upward momentum, recovering from recent downturn tendencies....
US Orthodontic Leader Accepts Shiba Inu, Embracing Cryptocurrency for Payments
May 18, 2024 14:39 pm UTC| Technology Digital Currency
Shiba Inu, the popular meme coin, is experiencing a period of growth and increased utility. Amoré Orthodontic Aligners, a company that specializes in orthodontic care, recently announced that it will now accept SHIB...
Crypto Lender Genesis to Return $3 Billion in Bankruptcy Wind-Down Amid Rising Creditor Haircuts
May 18, 2024 14:23 pm UTC| Technology Digital Currency
Crypto lender Genesis Global received court approval to return nearly $3 billion to customers, while a report highlights a significant increase in creditor haircuts in bankruptcy cases to 73% in FY24. Judge Approves...
Bitcoin's Rise Fueled by $222M ETF Inflow: What’s Next for BTC?
May 18, 2024 10:45 am UTC| Digital Currency Technology
Bitcoins price jumped over $67,000 after a $222 million ETF inflow, highlighting strong market momentum and investor enthusiasm. ETF Inflows and Bitcoins Price Surge Recent data from Farside Investors indicates that...
Ex-OpenAI Exec Criticizes Sam Altman's Focus on 'Shiny Products' Over AI Safety Concerns
May 18, 2024 09:25 am UTC| Technology
Former OpenAI executive Jan Leike resigns, criticizing the companys prioritization of shiny products over AI safety, calling out Sam Altmans leadership. Safety vs. Product Focus Leike, the leader of an artificial...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects