National Bureau for Economic Research (NBER) is scheduled to analyze the statistics. The Federal Reserve raised interest rates by 75 basis points on Wednesday. The GDP of the United States fell for the second time in a row in the most recent quarter. The US Bureau of Economic Analysis (BEA)
Sean Ford, currently the Algorand COO, has been designated interim CEO. FIFA has appointed Algorand its official cryptocurrency sponsor. Steven Kokinos, the CEO of Algorand who joined the company in 2018 after creating the software development company Fuze, left in order to pursue “other interests,” although he intends to stay
South Korea’s Ministry of Justice banned the officials of Terra from leaving the country. Do Kwon is issued notice to enter the country, who now lives in Singapore. The fall of UST initiated the bearish rally of the crypto market. Following the Crashdown of Terra(LUNA), the entire market dipped down
Bringing new digital entertainment elements like Cryptocurrencies to online gambling platforms turned over the entire gambling industry for the better. Nowadays one of the significant examples of the changes in the industry is online-based casinos’ incorporation of games and financial systems that fully support the most happening digital currencies. Blooming
The top 3 coins by social engagement in the last week are BTC, ETH, and DOGE. Currently, Bitcoin is trading at around $21,920.03, as per CMC. The global crypto market is currently going through ups and downs, apart from the market-dominant Bitcoin, other major altcoins have already witnessed a huge
Bitcoin aficionados were astonished and disappointed by Tesla’s announcement. Hoskinson has ripped apart long-time Bitcoin developer Jimmy Song. As crypto Twitter responded to news that Tesla has liquidated 75 percent of its Bitcoin holdings, input Output Global (IOG) founder Charles Hoskinson ridiculed Tesla and bitcoin maximalists in a tweet on
Q2 investment memo showed a 34% decrease in transaction activity. Besides Web3 infrastructure, the company spent aggressively on blockchain gaming. According to Coinbase Ventures’ Q2 report, overall deal activity fell in tandem with the prevailing gloomy tone in the market. However, the firm’s investment thesis on infrastructure projects that exhibit
This improvement aims to make NFT trading easier for beginners. NFT marketplace OpenSea receives orders from 25,000 to 30,000 customers every day. The largest U.S. crypto exchange, Coinbase, has released an update to its multi-product wallet that makes trading non-fungible tokens (NFTs) easier for experts and novices alike. The Coinbase
The bear market has been the trend for the past 3 months. The top 10 coins are BTC,ETH,USDT,USDC,BNB,XRP,BUSD,ADA,SOL and DOGE. The cryptocurrency market has experienced highs and lows since the bear market began during the last three months of the present year. Bitcoin, Ethereum, Tether, USD coin, BNB, XRP, Binance
After Kusama made fun of LTC, Litecoin replied by saying LTC should be number one. LTC, previously one of the top three cryptocurrencies, has fallen to 20th place on CMC. One of the Shiba Inu (SHIB) project’s primary developers, Shytoshi Kusama, has asked Bloomberg Business to discontinue using Litecoin (LTC)
