Bitcoin price eyes $23K despite US dollar strength hitting 6-week high

The U.S. Dollar Index (DXY) is gaining ground more rapidly than Bitcoin after fresh economic data surprises from Washington.

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Biden to Name Fed Vice Chairwoman Lael Brainard as Top Economic Adviser: Bloomberg

Brainard has been leading the U.S Federal Reserve's work on a potential digital dollar and has been minding the store on crypto policy discussions until the central bank appoints its permanent vice chair for supervision. дальше »

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Microsoft Pauses Industrial Metaverse Project

Microsoft is pausing its industrial Metaverse project amid tightening economic conditions to focus on short-term revenue-generating ventures. As a result, all 100 employees who were working on this project have been let go. дальше »

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Politicians and investors weigh in on global economy

Arguably, the world’s most important economic event — the World Economic Forum 2023 Davos conference — took place from Jan. 16 – 20 this year. The main focus of almost every conversation was on the global recession and other effects… дальше »

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Fixing The Incentives: The Fiat Treadmill Keeps Us From Storing Value

By eliminating reasonable stores of value, the fiat economic system incentivizes us to seek debt, hope for luck and take on other poor habits. дальше »

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The role of cryptocurrency in advancing financial inclusion

Access to and use of financial services, known as financial inclusion, is crucial for economic growth and development.

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Kraken reaches $30M settlement with SEC over staking as IRS seeks user information

“Kraken not only offered investors outsized returns untethered to any economic realities, but also retained the right to pay them no returns at all,” said Gurbir Grewal. дальше »

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Bitcoin ignores the recent dollar’s strength; positive momentum builds up

Bitcoin diverges from the FX market and ignores the recent dollar’s strength Positive momentum builds up Possible pennant formation points to a move above $30k The US dollar reacted to the recent monetary policy decision in the United States and the strong economic data for January. дальше »

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Bitcoin’s on-chain metrics are flipping bullish: Bitfinex report

Bitfinex market report points to bullish metrics for BTC Supply in Profit, Bitcoin Realised HODL (RHODL) Multiple and Reserve Risk ratio are all flashing green. Bitcoin has traded to above $23k again after slipping on Monday following broader market reaction to economic news. дальше »

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What is the global financial crisis and its impact on the global economy

The Global Financial Crisis was a widespread economic downturn that began in 2008 and resulted from the collapse of the housing market and investment banks. дальше »

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Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch

Central bank Governor Nandalal Weerasinghe believes that adopting decentralized cryptocurrencies would worsen the country’s economic situation. дальше »

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Sri Lanka Central Bank Says Bitcoin Cannot Solve Economic Crisis

Billionaire investor Tim Draper got a more challenging reception than he anticipated when proposing Sri Lanka, a bankrupt nation, to Bitcoin. Draper was in Sri Lanka on Tuesday, talking with local entrepreneurs about cryptocurrency adoption. дальше »

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Japan’s Largest Pension Fund Bleeding Money as Global Economic Turmoil Seeps Deep

Coinspeaker Japan’s Largest Pension Fund Bleeding Money as Global Economic Turmoil Seeps Deep While the Japanese government’s pension fund, the largest in the world posted its losses, there are a number of global business outfits that are recording similar losses. дальше »

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Bitcoin slips amid market reaction to US jobs report

Bitcoin price fell slightly to retest support near $23,250 on Friday. The top cryptocurrency’s price action mirrored early trades on Wall Street as the market reacted to US economic data. The US added 517,000 jobs, against an estimated 188,000 and unemployment fell to 53-year low of 3. дальше »

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5 biggest economic bubbles in history

Economic bubbles occur when the price of an asset, such as stocks or real estate, is driven up artificially and becomes disconnected from its underlying value. дальше »

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Central Bank of Sri Lanka insists Bitcoin will not fix economic crisis

Tim Draper’s attempt to bring Bitcoin to Sri Lanka was firmly rejected by the country’s President Ranil Wickremesinghe, according to Bloomberg News. The post Central Bank of Sri Lanka insists Bitcoin will not fix economic crisis appeared first on CryptoSlate. дальше »

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Crypto Exchange Bittrex Laying Off More Than 80 People

CEO Richie Lai cited the “new economic environment” as the primary reason for the cuts. дальше »

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India wants consensus on crypto regulation among G20 members this year

India is aiming to bring G20 members to a consensus on the roadmap for regulating digital assets within this year, the Economic Times of India reported on February 2. The post India wants consensus on crypto regulation among G20 members this year appeared first on CryptoSlate. дальше »

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Bitcoin Little Changed on Soft Economic Data Ahead of Fed Meeting

Wednesday morning's ADP jobs and ISM manufacturing reports both came in weaker than expected. дальше »

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Gold Demand Hit 11-Year High in 2022 as Central Banks Scrambled for Acquisitions amid Global Economic Downswing

Coinspeaker Gold Demand Hit 11-Year High in 2022 as Central Banks Scrambled for Acquisitions amid Global Economic Downswing 2022 demand for gold swelled to a high not seen since 2011 on the back of vigorous buying by global central banks. дальше »

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EIB Launches First Digital Sterling Bond Product on Blockchain

Coinspeaker EIB Launches First Digital Sterling Bond Product on Blockchain The European Investment Bank occupies a very pivotal position in driving the financial landscape of the industry in the European Economic Area. дальше »

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Bitcoin meets FOMC after 39% January gains with Fed path ‘uncertain’

The second-best January on record for BTC price action comes face-to-face with differing opinions on U.S. economic policy.

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These 5 Long-term Crypto Projects Will Boom in 2023

It’s no secret that crypto markets have struggled to weather the storm of 2022, with FTX, the latest big-name crypto company to go bankrupt, and the broader global economic conditions contributing to the current bear market conditions. дальше »

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Crypto Regulation Needed for Both Good And Bad Actors -WEF Annual Meeting 2023

What role will crypto regulation play, what type of regulation is required, and who will regulate crypto? These questions and more carried over into the discussions at the World Economic Forum (WEF) Annual Meeting 2023 in Davos, Switzerland, from 16-20 January under the theme of “Cooperation in a Fragmented World”. дальше »

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Web3 Security Firm Hypernative Secures $9M in Seed Funding

The company also made public its first product, Pre-Cog, a platform aiming to uncover cyber, economic, governance and community threats before they can have an impact. дальше »

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Countries Boosting Precious Metal Imports, Is Bitcoin Next?

In recent years, many countries have boosted their imports of precious metals, including gold and silver, as a way to diversify their reserves and protect against economic uncertainty. Now, some experts are asking if Bitcoin and other cryptocurrencies will be the next addition to central banks’ portfolios. дальше »

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Here’s how the World Economic Forum leaps into the metaverse — Davos 2023

Industry insiders highlight World Economic Forum workshops on the metaverse focusing on user privacy, asset protection and regulation. дальше »

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Cardano (ADA) Continues To Shine With 15% Gains In the Last Week

Cardano’s native coin ADA has seen many rallies since the start of this year. The token owes its performance to the improving economic condition in the market and the ongoing developments on the Cardano Network. дальше »

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Bitcoin dialogue at WEF requires ‘open-mind’ — Davos 2023

“It’s about taking inspiration from what we’ve done.” Lugano’s Plan B hopes to drive Bitcoin adoption dialogue at future World Economic Forum conferences. дальше »

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Inside the World Economic Forum: Circle, Ripple reflect on Davos 2023

A handful of cryptocurrency industry players who took part in workshops at the World Economic Forum Annual Meeting paint a picture of increased collaboration within the space in 2023. дальше »

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Tech Investment Show 2023: Asia Pacific’s Premier Tech Investment Platform for Leading Web 2.0 and Web 3.0 Opportunities

Staying on top of the Tech industry and emerging ideas worldwide has never been more important for the best investors. With strong economic growth and maturing tech ecosystems, Southeast Asia’s long-term prospects give investors the confidence to invest heavily in the most creative, passionate technologists and builders. дальше »

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Weekly markets TL;DR: Tesla earnings, gold nears all-time high, important economic data to come

1.       Economy 2.       Stock Market 3.       Crypto 4.       Other assets 5.       What to look out for The post Weekly markets TL;DR: Tesla earnings, gold nears all-time high, important economic data to come appeared first on Invezz. дальше »

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At World Economic Forum This Year, Panels Debated Blockchain 'Case Studies'

In efforts to avoid association with the FTX collapse, conversations shifted away from "crypto" and more to specific applications of the underlying blockchain technology. дальше »

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EU Imposes Stricter And More Extensive Crypto Regulations For Banks

European Union lawmakers have agreed to several changes, including stricter new requirements for banks dealing with crypto and digital assets. The European Parliament’s Economic and Monetary Affairs Committee has voted on the matter that will put these restrictions in place. дальше »

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China Unveils Ripple’s Competitor for Stablecoins and CBDC Payments

A Chinese firm is developing a new payment system interoperable with stablecoins and CBDCs -  that acts as a link for central banks to transfer and swap regulated digital currencies - recently unveiled at the World Economic Forum in Davos, Switzerland. дальше »

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Circle says USDC ‘is a dollar with super powers’ at WEF, pushes for more inclusion

USD Coin (USDC) founder Circle attended the World Economic Forum (WEF) to explain “why USDC is a dollar with super powers. ” The WEF took place between January 16 and January 20, 2023, in Davos and hosted over 1,500 industry leaders as well as government representatives from around the globe. дальше »

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TradFi and DeFi come together — Davos 2023

On this episode of Decentralize With Cointelegraph, the team reflects on their week in Davos covering the World Economic Forum as crypto and TradFi continue to collide. дальше »

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EU Lawmakers Impose ‘Prohibitive’ Requirements on Banks’ Crypto Holdings

The vote in the European Parliament's Economic and Monetary Affairs Committee is intended to anticipate international bank-capital norms. дальше »

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Can Banks Issue Stablecoins?

There is no law that bans U.S. banks from issuing paper or digital private banknotes, American Institute for Economic Research economist Thomas Hogan argues. дальше »

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El Salvador’s Exposure to Bitcoin Is Still “Minimal”, Asserts Regional Banker

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“DAOs Are the Future, but Need More Oversight” LBank CMO Echoes Davos 2023

The World Economic Forum Annual Meeting kicked off earlier this Monday, January 16th. The number of crypto business participants at Davos this year saw a drop due to last year’s market slide.   Nevertheless, the presence of the blockchain and crypto industry was still very much visible at the 4-day event. дальше »

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Crypto Market Forecast: Week of January 23rd 2023

A curated weekly summary of forward-focused crypto news that matters. This week, driven by more positive economic data, the price momentum in crypto markets continues, BNB conducts its first coin burn of 2023 and Russia takes steps towards de-dollarization. дальше »

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Crypto Market Forecast: Week of January 23rd 2022

A curated weekly summary of forward-focused crypto news that matters. This week, The price momentum in crypto markets continues driven by more positive economic data, BNB conducts its first Coin Burn of 2023 and Russia takes steps towards de-dollarization. дальше »

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China’s Automobile and Healthcare Amongst Sectors To Benefit From Metaverse Developments – Report

A Deloitte report, “The Metaverse in Asia- Strategies for Accelerating Economic Impact”, estimates that the impact of the metaverse on GDP in Asia could be between US$0. 8-1. 4 trillion per year, roughly 1. дальше »

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Cardano Launches First Automotive Project in Davos as Cryptos Pare Gains

Cardano blockchain announced Wednesday during the World Economic Forum in Davos that it is working on an automotive project in collaboration with eTukTuk and the government of Sri Lanka. Among the areas of collaboration is a development of an expansive charging infrastructure for affordable electric vehicles. дальше »

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JPMorgan CEO Jamie Dimon Calls Bitcoin a ‘Pet Rock’ Ponzi 

JPMorgan Chase CEO Jamie Dimon dissed Bitcoin (yet again) on the sidelines of the World Economic Forum's annual summit in Davos, Switzerland. The post JPMorgan CEO Jamie Dimon Calls Bitcoin a ‘Pet Rock’ Ponzi  appeared first on BeInCrypto. дальше »

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World Economic Forum Wraps Up Davos 2023 With Sparks

The World Economic Forum's annual meeting wrapped up with a fiery panel on the role of regulators in crypto, plus more from Davos, Switzerland. дальше »

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World Economic Forum in Davos

In 2023, the World Economic Forum (WEF) is being held in Davos from January 16 to 20. Let’s remember how the event went last year. In 2022, the WEF continued on May 22-26. The session was held in person for the first time since 2020. дальше »

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Billion Tokens of 'XRP Rival' XLM Transferred, While Stellar Rocks at Davos' WEF

1.3 billion XLM change location as Ripple rival Stellar rocks at World Economic Forum in Davos дальше »

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WEF Rolls Out ‘Global Collaboration Village’ in Metaverse

The World Economic Forum (WEF) announced it is to launch its own metaverse project, Global Collaboration Village. The aim is to create a platform for global leaders and institutions to come together to work on the planet’s most pressing issues. дальше »

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