Crypto markets rebound as Trump puts Canada, Mexico tarriffs on hold

A senior official from Singapore’s de facto central bank said it cannot find potential in payment network Ripple in comments during a conference panel on May 2.Speaking at MIT’s 2019 Business of Blockchain event, Sopnendu Mohanty, chief fintech officer at the Monetary Authority of Singapore (MAS), discussed the city state’s pro-blockchain stance and its progress…

Canine-themed meme tokens like ELON, SHIB and DOGE have taken control of the market while Bitcoin consolidates below $57,000 and Ethereum holds above the $4,000 mark. 6412 Total views 27 Total shares Cryptocurrency traders awoke to an altcoin bonanza as a handful of meme tokens, along with some of the more established projects, staged double-digit…

“Out of the 80% of Top 50 hedge funds in the world we’ve spoken to, they all are embarking on some sort of crypto journey,” says Olsson. 115 Total views 22 Total shares In an interview with Cointelegraph reporter Joe Hall on April 12, David Olsson, global head of institutional distribution at BlockFi, shared his…

Wirecard’s subsidiary that is responsible for issuing debit cards has been suspended as the company can no longer access customer funds. 459 Total views 10 Total shares Wirecard’s subsidiary responsible for issuing debit cards, Wirecard Card Solutions Ltd., has been suspended by the United Kingdom’s Financial Conduct Authority, or FCA.According to a statement issued on…

2021 has already seen a number of eye-catching milestones reached for the nascent nonfungible token (NFT) market, which has seen an increase in value of 2,100% from Q4 2020, with consumers spending over $2 billion. While headlines have been dominated by record-breaking sales, what’s often overlooked is the growing demand from new investors. According to…

With banks reporting $470 billion in unrealized losses and FDIC foreseeing the continuation of this trend, acting chairman Gruenberg believed banks must cautiously engage in crypto-asset activities. 288 Total views 3 Total shares Economic uncertainty amid geopolitical tensions, rising interest rates and slowing economic growth have put a strain on the United States financial system.…

The initial NFT drop will include award-winning photographs of subjects like space, climate, and war from AP photojournalists. 31 Total views 2 Total shares The Associated Press (AP) is launching a nonfungible token (NFT) marketplace where collectors will be able to purchase tokenized photographs from the global news platform.The initial collection of NFTs will include…