‘Magnificent seven’ stocks shed $2.6T in lead-up to busy earnings week
The world’s best-performing tech stocks have bled an average $125 billion market cap per day for the past 20 days while crypto market cap has risen 11%.
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UK Treasury Committee opens inquiry into crypto industry
The public has until Sept. 12 to submit evidence, which the committee may use in its report to Parliament on the risks and opportunities related to crypto and DLT. 242 Total views 16 Total shares The Treasury Committee of the United Kingdom’s House of Commons has called on the public to submit evidence related to…

27-Year-Old Pelosi Challenger Accepts Cryptocurrency Campaign Donations
A candidate for the United States House of Representatives in 2020 is accepting cryptocurrency donations to run against Representative and Speaker of the House Nancy Pelosi.Supporting economic freedom with cryptoAgatha Bacelar, a Stanford engineer and designer who served with Emerson Collective and Democracy Earth argues that the existing political establishment wants to hold back a…

Why Bitcoin may be boosted by a European Central Bank rate cut
The ECB is widely anticipated to implement a 0.25% rate cut, following seven consecutive months of easing inflation across the eurozone.

Nifty News: Are Tai Lopez NFTs the market top? Alibaba massage gun scandal… and more
Some in the NFT community fear the market top may be in after Tai Lopez, the controversial entrepreneur and social media star, famous for his oddball marketing tactics, launched his own NFT project.Tai lopez has to be the top. this madness cant continue.— fxnction aka i gotabigdick.eth (@0x_fxnction) March 5, 2022 The NFT project is…

Opera Launches Special ‘Labs’ Version of Built-In Crypto Wallet for Desktop Browser
Opera is launching today a “Labs” special edition of its desktop web browser with built-in crypto wallet functionality, according to an exclusive blog post shared with Cointelegraph Monday, September 24.Opera first announced it would be integrating a built-in crypto wallet for its desktop browser in early August, and “Labs” is today open for private beta testers of…

Binance Bitcoin reserves hits January levels — months before BTC jumped 90%
Bitcoin reserves on Binance have fallen under 570,000 BTC, the lowest level since January. Will history repeat itself?

BIS: Facebook’s Foray into Cryptocurrency Poses New Risks for Banks
The Bank of International Settlements (BIS) has warned that the financial services poised to be offered by big tech firms such as Facebook, Google and Amazon could generate new risks for the banking sector.The BIS — an international financial institution in Switzerland owned by 60 of the world’s central banks — published a report outlining…

European Crypto Cards Reactivate as FCA Allows Wirecard to Resume Operation
Crypto.com and TenX’s crypto debit cards are usable again as U.K. regulators allow Wirecard to resume “regulated activity." 2506 Total views 63 Total shares Wirecard-issued crypto debit cards from companies like Crypto.com and TenX have been reactivated following permission from the United Kingdom’s Financial Conduct Authority, or FCA.On 29 June, the U.K. watchdog allowed Wirecard…