Crypto News
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Last year, financial scams led to almost half a trillion dollars in losses worldwide, roughly equal to the GDP of Singapore. As fintech has advanced globally, cyber-criminals have exploited various platforms in complex attacks. Often, they will steal customers’ account information on digital payment systems and online banking sites as a highly lucrative ...
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Bitfarms Ltd. said it had fired its outgoing interim president and chief executive officer, after the executive filed a lawsuit against the crypto miner claiming $27 million in damages for breach of contract among other issues. Geoffrey Morphy, who was appointed to both positions in late 2022, was announced on March 25 to be leaving the Toronto-based ...
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When the yield curve flattens and eventually inverts, you worry. But it’s when a recession hits, the Fed cuts rates and the curve steepens that you become s**t scared. Yield curve dynamics represent a crucial macro variable, as they inform us on today’s borrowing conditions and on the market future expectations for growth and inflation. An inverted yield ...
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Consumers in April raised their expectations for price increases both in the near and longer term, fueled by higher inflation in home prices along with fuel and energy, according to a New York Federal Reserve survey released Monday. The central bank’s New York district reported in its monthly Survey of Consumer Expectations that the outlook increased across ...
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It’s been a frustrating couple of months for Bitcoin bulls. Following the breakout to fresh highs in early March, price has since corrected lower and settled into a congested block of consolidation broadly framed between 60695 and 74325. A failed downside break of the range at the start of the month offers bulls some hope that a resumption of the bull trend ...
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Chinese police arrested six people involved in using cryptocurrency to provide an illegal currency conversion operation that handled some 2.14 billion yuan ($296 million), according to a China News Service report published on Weixin. The "underground bank" was uncovered by the Public Security Bureau of Panshi City, Jilin, the state-owned news service said. ...
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US consumer expectations for inflation and home prices rose in April while perceptions of the labor market weakened, underscoring an uneasy backdrop for household finances and the ...
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Nothing has been setting the US bond market’s direction this year more than the monthly inflation figures. This week will be no exception. The release of the April consumer-price ...
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Consumers in April raised their expectations for price increases both in the near and longer term, fueled by higher inflation in home prices along with fuel and energy, according ...
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post: SNB'S CHAIRMAN JORDAN: THE OUTLOOK FOR SWISS INFLATION IS NOW MUCH BETTER.
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post: PBoC Fixes USDCNY Reference Rate At 7.1053 (prev fix 7.1030 prev close 7.2332)
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Bitcoin (BTC) price continues to conceal its hand on higher time frames with the stance compelling altcoins to pick a side. Altcoins with bullish fundamentals continue to show short-term strength, whereas those devoid of any continue to bleed. The fate of altcoins hinges on BTC with a show of stability likely to kickstart a rally for Ethereum (ETH) and ...
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Bitcoin continues to form a complex correction [4], consisting of sub-waves (W)-(X)-(Y)-(XX)-(Z). The first three parts have been completed. The second linking wave (XX) is currently unfolding as a standard zigzag A-B-C. The final actionary wave [Y] of correction B continues to develop. The price may fall to the level of 58785.00, at which wave B will be ...
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Michael Ashby, who most recently led the digital-asset strategic implementation at hedge fund firm Point72, has joined the proprietary crypto trading firm AlgoQuant. Ashby, who joined AlgoQuant in April as chief executive officer, said in an interview that the firm is seeking to expand into asset management in the digital sector. He has relocated from New ...