Your essential daily read: our featured Story of the Day highlights the most impactful development across crypto, blockchain, or regulation—curated for urgency, significance, and insight. Don’t miss what moves the market today.
The price of Bitcoin is struggling to maintain momentum and has succumbed to several macroeconomic factors over the last week.
Arm was acquired by SoftBank in 2016 for $32 billion and expects to return to public trading to compete with other chip designers and manufacturers.
US residents are going through the worse level of housing affordability not seen for four decades as mortgage rates continue to spike.
The 10-year Treasury yield rose while the 2-year yield fell as investors considered the implication of the Federal Reserve’s meeting minutes.
Market’s bullish sentiment dampens with the Fed hinting that more rate hikes are on the cards amid the sticky inflation.
While the easing of headline inflation is welcome news for consumers, experts are paying closer attention to the underlying trends.
US financial giants witnessed their shares slide as credit rating downgrades cast a shadow over the sector.
Prior to the fall of FTX in November 2022, SBF stated that he intended to donate between $100 million and $1 billion to political campaigns influencing the 2024 elections.
Increased Bitcoin demand from institutional investors led by the ETF frenzy and new stablecoins launch has widened crypto liquidity and trading volume.
PayPal assures its users that PYUSD is fully backed by USD, reserve with funds supporting the stablecoin, while addressing concerns about issuing unbacked tokens.
Saudi Arabia’s investment fund has reported a heavy loss worth billions of dollars from economic factors that reduced its many investments.
From October 3, customers in the US will no longer be able to use Revolut to buy, sell, or hold any cryptocurrencies.
Before releasing the latest ratings, Fitch had initially warned about a possible downgrade during US debt ceiling negotiations a few months ago.
Bitcoin price moved from $28.6k to around $30k on Tuesday but stabilized around $29.6k during the early Asian trading hours on Wednesday.
While inflation in Eurozone shows signs of slowing down, it still remains much higher than the targeted 2%. Economists also pointed out other cracks in the Eurozone economy.