Crypto News
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Sam Bankman-Fried has swapped crypto for a new kind of currency behind bars: bags of rice. The disgraced FTX founder has been jailed at Brooklyn’s Metropolitan Detention Center as he waits to be transferred to a federal prison to serve a 25-year sentence. Bankman-Fried was convicted for wire fraud, money laundering and conspiracy last year. The 32-year-old ...
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Jim Simons, the mathematician-investor who created what many in finance consider the world’s greatest moneymaking machine at his secretive firm, Renaissance Technologies, has died. He was 86. He died today in New York City, according to his charitable foundation, which didn’t cite a cause. In turning from academia to investing as he entered his 40s, Simons ...
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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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Famous crypto analyst, Doctor Profit, has once again predicted sideways movement for Bitcoin for the next week. As per him, BTC will continue trading between $60k and $70k and the super cycle will begin only when BTC will cross $74k. As per him, Bitcoin’s electrical cost is fluctuating between $65,000 and $75,000 over the past two weeks. In January, it was ...
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China’s credit unexpectedly shrank in April, reflecting weak borrowing demand as the central bank refrained from easing monetary policy. Aggregate financing, a broad measure of credit, was 12.7 trillion yuan ($1.8 trillion) in the first four months of the year, according to data released by the People’s Bank of China on Saturday. That dropped from 12.9 ...
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Sam Bankman-Fried has swapped crypto for a new kind of currency behind bars: bags of rice. The disgraced FTX founder has been jailed at Brooklyn’s Metropolitan Detention Center as he waits to be transferred to a federal prison to serve a 25-year sentence. Bankman-Fried was convicted for wire fraud, money laundering and conspiracy last year. The 32-year-old ...
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Jenn Lueke, 27, is a recipe developer based in Boston who creates content online showing people how to eat well on a budget. “I think it’s no secret that prices are going up in ...
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Not long ago, economists argued in public over basic economic policy issues. Foremost among the debates was the clash over equity and efficiency. Efficiency promotes economic ...
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So far, 2024 isn’t going quite how it was supposed to for the US economy: Inflation has been higher than expected and household spending seems to have lost some momentum. Those ...
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Famous crypto analyst, Doctor Profit, has once again predicted sideways movement for Bitcoin for the next week. As per him, BTC will continue trading between $60k and $70k and the super cycle will begin only when BTC will cross $74k. As per him, Bitcoin’s electrical cost is fluctuating between $65,000 and $75,000 over the past two weeks. In January, it was ...
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This video will show you what is expected on the Ethereum market based on the technical analysis. Which support and resistance levels are in front of the ETH price and which breakout is gonna happen. Based on the technical analysis this video analysis on ETH | Ethereum will show you what to expect.
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Grayscale Investments’s first-quarter revenue was flat after the issuer of the world’s largest cryptocurrency investment vehicle decided to hold the line on fees for its flagship Bitcoin exchange-traded fund. The operator of the Grayscale Bitcoin Trust had $156 million in revenue, little changed from the fourth quarter, according to a shareholder letter ...