Core DAO, a layer-1 blockchain running on a combined Proof-of-Work (PoW) and Delegated Proof-of-Stake (DPoS) consensus mechanism known as “Satoshi Plus”, once again sparked Crypto Twitter with more than 11.5K tweets in just 24 hours. Following the trends over social media, the Core DAO token CORE price surged over 10.34%
The U.S. Federal Reserve announced that it collaborated with the Swiss National Bank, Bank of England, Bank of Canada, Bank of Japan, European Central Bank, and Bank of Canada in a coordinated effort to enhance the supply of liquidity through the established U.S. dollar swap line arrangements. The action, which
Another program has been developed by the government of El Salvador to show its enthusiasm for Bitcoin and encourage its use and expansion. This time, venture capital company Fulgur and stablecoin issuer Tether are backing a training program for Bitcoin and lightning developers. On Wednesday, the Bitcoin Office in El
Larry Fink, CEO of the biggest asset management firm in the world, BlackRock, thinks tokenizing asset classes like stocks and bonds might enhance efficiency in capital markets and increase investor access. BlackRock is looking into the digital asset sector, and the CEO said in his most recent annual letter to
Recent sources indicated that the historic merger deal between Credit Suisse and UBS Group would be concluded as early as Saturday evening. The Swiss National Bank and the Swiss Financial Market Supervisory Authority FINMA, Switzerland’s central bank and financial regulator, reportedly saw this merger as their sole option to avert
In the aftermath of the Silicon Valley Bank (SVB) collapses on March 10, 186 banks were identified as being at risk, as per recent research. These banks are dealing with problems equivalent to those that led to Silicon Valley Bank’s demise. Federal Reserve’s rapid rate-hike campaign reducing the bank’s assets,
The sudden collapse in banks made a negative impact on the Stock market. The most active stocks like Dow Jones, S&P 500, and Russel 2000 index are facing a downfall in the market. At the same time, the crypto industry has been witnessing a bullish market after the great collapse.
The cryptocurrency market is known for its volatility and unpredictability. Moreover, the prices of digital currencies such as Bitcoin, Ethereum, and others can change in a matter of hours, and the reasons behind the changes can be complex and multifaceted. In recent years, the crypto market has seen a surge
While the global cryptocurrency market signals some recovery from its yesterday’s loss, a community-driven, decentralized autonomous organization called “Cult DAO” appears to be sparked in “Crypto Twitter’ with its liquid token CULT. Without any specific reason, the $Cult community making a loud noise on social media, Twitter, with more than
Automated trading software is modifying the way people trade in financial markets. With the help of sophisticated algorithms and machine learning, these programs execute trades automatically and continuously monitor market conditions to make informed decisions. This technology has become increasingly popular in recent years, with more and more traders turning
