• Michael Burry compared current banking turmoil to Panic of 1907 • Robert Kiyosaki warned of more ‚fake money‘ being injected into US economy • Credit Suisse received 50 billion Swiss franc bailout from Swiss National Bank Burry on Banking Crisis Hedge fund manager Michael Burry — known for predicting 2008’s economic crisis — is…
• The Central Bank of Bolivia is selling dollars directly to citizens in response to a speculative attack and increased demand. • This is an extraordinary measure, taken to counter fears of devaluation and protect the national monetary system. • Since March 6th, more than $91 million has been allocated through the traditional currency exchange…
• HSBC and Nationwide have imposed new restrictions on cryptocurrency purchases in the U.K. • Nationwide has introduced a daily card limit of 100 British pounds for Flexone accounts and 5,000 pounds for other current account types. • HSBC has prohibited customers from using its credit cards to purchase cryptocurrencies due to their high-risk nature.…
• Bitcoin recently surged to reach a new 2023 high, leading to a surge in the trading volume for top exchanges. • MEXC Coin (MX) has also seen significant growth with an 81.82% increase and reaching a 7-month high of $1.44 on Feb. 16. • MEXC’s commitment to „User First“ has earned it recognition as…
• Solana (SOL) rebounded from losses to start the week, despite US inflation figures missing expectations. • Tron (TRX) rose for a fifth consecutive session on Tuesday, breaking out of a recent ceiling in the process. • Both tokens have seen bullish momentum in recent weeks, with moving averages trending upwards. Biggest Movers: SOL Rebounds,…
• Interpol is working to figure out how to police the metaverse, a digital world projected as an alternative to the real world. • The organization is preparing to bring its action to metaverse platforms, which are being used by some groups to commit crimes such as verbal harassment, assaults, and more. • Interpol’s executive…
-A bill has been introduced in the U.S. state of New York to allow state agencies to accept cryptocurrency payments, including bitcoin, ether, litecoin, and bitcoin cash. -The legislation proposes allowing crypto to be used as „a means of payment of fines, civil penalties, rent, rates, taxes, fees, charges,“ and more. -The bill has been…
• Investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication, following the bankruptcy filing of a Digital Currency Group subsidiary. • Charles Hoskinson, co-founder of Ethereum and founder of Cardano, has expressed interest in purchasing Coindesk, and sources familiar with the matter have indicated that the asking price for the news outlet is…
• Avalanche (AVAX) rose by as much as 22% in today’s session, as cryptocurrencies reacted to the latest U.S. inflation report. • Polkadot (DOT) was another big gainer in today’s session, with prices moving closer towards a four-week high. • The 14-day relative strength index (RSI) failed to break out from a resistance at the…
• Bitcoin rose to a four-week high on Thursday, as price surged above $18,000 hours before the upcoming U.S. inflation report. • Ethereum also moved higher, climbing above $1,400 in the process. • Bitcoin and Ethereum’s price rally occurred as the 14-day relative strength index (RSI) continued to move deeper into overbought territory. The cryptocurrency…