Following the record 7.5% high for January, the U.S. Labor Department’s Consumer Price Index (CPI) data shows February’s CPI metrics rose to 7.9%. The CPI data published on Thursday is a new 40-year high and month over month, inflation jumped by 0.8%. President Joe Biden is blaming the inflation spike on Russia’s invasion, as he […]
Less than 24 hours after U.S. President Biden’s executive order, cryptocurrency markets were back in the red, as the global market cap fell by over 5%. Bitcoin was once again trading below $40,000, with ETH hovering marginally above $2,500. Bitcoin As the smoke clears following yesterday’s executive order, crypto traders seem to be coming to […]
According to a press release by the White House, U.S. President Joe Biden has signed an executive order directing federal agencies to collaborate in examining the risks and benefits of digital assets. “The rise in digital assets creates an opportunity to reinforce American leadership in the global financial system and at the technological frontier, but […]
LUNA hit a new all-time high, as markets reacted to news that U.S. president Joe Biden had signed an executive order on cryptocurrencies. Biden wants his government to examine the “risks and benefits” of crypto, news of which sent the likes of NEAR and ANC almost 20% higher. Terra (LUNA) Following a bear run that […]
Coinbase Blocks 25,000 Russia-Linked Crypto Addresses | U.S. President Joe Biden to Order Studies on Regulating Crypto | HIVE Blockchain Signs Deal to Buy Intel Mining Chips
Bitcoin’s meteoric rally liquidated about $172 million in short positions in the last 24 hours, data from coinglass.com shows. The currency led a crypto market recovery from one-month lows as U.S. President Joe Biden held off on completely blocking Russia from the global financial system. Bitcoin price jumps 10% in last 24 hrs The world’s
Bitcoin Crashes as Russian Missiles Hit Kyiv | U.S. Secret Service Launches ‘Crypto Awareness Hub’ | Thailand Stock Exchange to Launch Digital Asset Trading Platform
U.S. President Joe Biden is reportedly expected to issue an executive order on cryptocurrency this week. It will direct a wide range of government agencies to come up with a government-wide strategy to regulate crypto assets. Executive Order on Crypto Expected This Week U.S. President Joe Biden is expected to issue an executive order on […]
The Ukrainian parliament unanimously voted to legalize Bitcoin and cryptocurrencies by passaging a Virtual Assets law on Thursday, amid the intensified tension with the potential military conflicts with Russia. (Read More)