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Further negotiations on the EU crypto bill will soon commence after the bill scaled a voting session regarding the proof-of-work method.
Several cities in China are halting production on non-essential services and conducting mass testing to contain an emerging Covid spike.
The plunge in the market is a normal reaction from investors who seek out safety amidst the uncertainty.
The crypto market gives a thumbs up to Biden’s crypto executive order which sets to bring clear regulations in place. This is likely to boost institutional participation in the crypto space.
The Apple iPhone SE 3 is more or less a budget high-performance phone that will cost about $429. It is projected to be the next phone in the iPhone 13 series as it has the A15 Bionic chips that typically characterize the iPhone 13 lineup.
Russia remains the major supplier of oil and gas to Europe, and while many EU leaders have imposed sanctions on Russia, there is no guarantee that many will want to boycott the Russian crude oil products.
The solidarity being shown by the crypto community is a testament to the role digital currencies have to play in the future of money, where the nascent asset class can be recognized as a force for good for humanity.
Powell discusses the urgent need for crypto regulations to prevent any leakages in the sanctions levied on Russia. He also talks about the potential measures ahead to control inflation while keeping the Russia-Ukraine war situation in mind.
The US government wants to strain financial activities in Russia as much as possible, to deter Putin from proceeding with Ukraine invasion.
Increasing the interest rates will help the central bank in limiting the outflows and cash withdrawals from saving accounts.
Both US and global equities and commodities saw volatile trading throughout last week following an escalated showdown between Russia and Ukraine.
The isolation of the Russian banks from the SWIFT messaging system is one of the five proactive measures the European Commission announced against Russia.
US stock futures have fallen again after staging a remarkable comeback following the ongoing showdown between Russia and Ukraine.
The investigation is escalating the existing tension between Musk and the SEC that has recently accused Tesla CEO of discrimination of employees.
World leaders are notably calculating the right responses to the ongoing attack on Ukraine. While sanctions have been announced, it has done nothing to deter Putin from proceeding with the attack which has been a major concern for the past few weeks.