Search results for "cryptocurrency investment"

Will Digital Currency Act as a Paradigm Shift or a Pandora’s Box? 

Imagine a world where money flows seamlessly through digital channels, offering convenience, security and the potential for financial empowerment. Trust me, we’re on the verge of a digital currency revolution that could reshape the way we handle transactions, investments, and economic systems as we know them. But as we enter this uncharted territory, it’s important […]

UAE Positioned as Global Crypto Hub, Asserts Coinbase CEO 

As the digital economy continues to expand rapidly. The UAE has strategically positioned itself to become a global hub for cryptocurrencies and blockchain technology. In a statement, Brian Armstrong, the CEO of Coinbase, one of the world’s largest cryptocurrency exchanges, expressed his confidence in the UAE’s potential to lead the way in the crypto space.  […]

Bitcoin Breaks Above $30,000 as Investors Eye End of Rate Rises

Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its steady gains as investors raised bets that the U.S. Federal Reserve will soon end its aggressive monetary tightening campaign. Bitcoin peaked at $30,438 in Asian trade and was last up 1.96% at $30,233. It has […]

Marketmind: Glass Half Full on Disinflation

A look at the day ahead in U.S. and global markets from Mike Dolan Stock markets seem determined to see a glass half full in assessing the foggy growth and inflation outlook, with major bourses pushing higher again on Tuesday as the critical U.S. March consumer price readout looms. If, as many suggest, stocks are […]

Dollar Weakens as Inflation Data Lifts Euro

The U.S. dollar fell to a 1-week low against the euro on Thursday as German inflation data helped lift the common currency and as concerns over the banking sector receded. Inflation eased significantly in Germany in March on the back of lower energy prices but was above forecasts, adding pressure on the European Central Bank […]

Quantum Computing in Banking: Is any of It a Good Idea?

As we speak, our traditional trust-based banking system is crumbling down like a house of cards. Most experts hope that blockchain-based finance, or in other words, no-trust finance, will salvage the economy. Now, more than ever before, people are careful where they invest their money. But with the threat of malicious quantum computing use cases, […]

Cryptoverse: Buoyant Bitcoin's Losing Its Liquidity

Bullish bitcoin has been a surprise winner of the banking blowout. Yet investors aiming to amp up their bets face an ominous obstacle: a lack of liquidity that could trigger wild price swings. The price of the No.1 cryptocurrency has jumped 40% to around $27,700 since March 10, when the failure of Silicon Valley Bank […]

US Regulator Sues Top Crypto Exchange Binance, CEO for ‘Willful Evasion’

The world’s biggest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the U.S. Commodity Futures Trading Commission (CFTC) on Monday for operating what the regulator alleged were an “illegal” exchange and a “sham” compliance program. The CFTC sued Binance, Zhao and its former top compliance executive with “willful evasion” of […]

Analysis - What’s Behind Bitcoin’s Latest Surge?

At the turn of the year, bitcoin was in the grip of a bleak midwinter, down and out after a 2022 defined by tumbling crypto prices, bankruptcies and corporate scandals. Less than three months later, bitcoin’s got its mojo back. With gains of more than 70% so far this year, it has outpaced other major […]