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Biggest Movers: Ton 10% Higher on Saturday, Hitting Highest Level Since May

September 2, 2023 0

Toncoin was easily one of the biggest movers in crypto markets to start the weekend, as price rose by over 10%. Saturday’s surge comes despite the global market cap mostly trending lower, having fallen by 0.43% as of writing. XRP was one of the tokens to fall, dropping below a key price floor.

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Bitcoin, Ethereum Technical Analysis: BTC Starts Weekend Trading Close to $25,000

September 2, 2023 0

Bitcoin started the weekend trading below the $26,000 level, as bears seized market momentum to end the week. Price surged during the early part of the week, climbing over the $28,000 mark. However in the days that followed, sentiment has mostly trended lower. Ethereum remains in the red. Bitcoin Bitcoin continued to trend lower on […]

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Top BRICS Diplomats Approached Indonesia With Proposal to Join, Foreign Minister Says

September 2, 2023 0

The foreign ministers of the BRICS states have reached out to invite Indonesia to become a member of the group, their Indonesian counterpart unveiled. The government in Jakarta is still weighing the benefits of joining the organization and is yet to decide whether to apply formally. BRICS Nations Sought to Induct Indonesia Into Their Expanding […]

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DC Circuit Court of Appeals Chastises SEC for Grayscale Denial

September 2, 2023 0

On Tuesday, August 29, 2023, The U.S. Court of Appeals, District of Columbia Circuit (Court) unanimously granted Grayscale’s petition for review of the Securities Exchange Commission’s (SEC) denial of Grayscale’s Bitcoin Exchange Traded Product (Grayscale ETP) and vacated the SEC denial order. The Court chastised the SEC for its “arbitrary and capricious” treatment of

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Colorado DMV Accepts Crypto Payments Through Paypal

September 2, 2023 0

The Colorado Department of Motor Vehicles (DMV) has announced it accepts cryptocurrency for its online services via the payment processor Paypal. Besides paying local taxes with coins, residents of the crypto-friendly state will be able to use their digital cash to renew driver’s licenses and plates. Colorado Introduces Online Payments With Crypto at the DMV […]

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Dollar Share in Reserves Drops Below 60%, Yuan Rises, Russian Diplomat Says

September 2, 2023 0

The share of currencies other than the U.S. dollar and the euro in international reserves is on the rise, according to a Russian representative. The trend is being observed as a growing number of countries try to use their national currencies in foreign trade settlements, the official noted. Russia Sees Alternative Currencies Like Chinese Yuan […]

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Meta’s Metaverse Is Finding Its Legs — In Avatars

September 2, 2023 0

Meta’s Horizon Worlds, the metaverse flagship app of the company formerly known as Facebook, is reportedly getting legs as part of users’ avatars in the coming weeks. The functionality is already present in a public test version of the app, but it is only present in Horizon Home, the default space of each user. Meta’s […]

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Economist Peter Schiff Warns Bidenomics Will Soon Be Exposed for Fraud

September 2, 2023 0

Economist Peter Schiff has warned that Bidenomics “will soon be exposed for the fraud that it is, as inflation and unemployment heat up while the economy cools down.” He cautioned: “If Americans think the economy is bad now, just wait until they see what’s coming. Once the dollar cracks, both inflation and interest rates will […]

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Chinese Yuan Not Ready to Topple US Dollar as World Reserve Currency, Says Strategist

September 2, 2023 0

A global macro strategist has explained that the Chinese yuan is unlikely to replace the U.S. dollar as the global reserve currency. She emphasized that the “weaponization” of the USD is one of the top reasons why Russia, China, and other BRICS nations have been seeking an alternative to the dollar. US Dollar v Chinese […]

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Arkham Intelligence Reveals Grayscale’s Ethereum Holdings Across 500 Addresses

September 1, 2023 0

On September 1, Arkham Intelligence, a crypto analytics and data tracking agency, reportedly pinpointed the ethereum (ETH) holdings of Grayscale for its Ethereum Trust. Arkham reveals that Grayscale’s ether stash is spread across 500 distinct addresses. Grayscale’s Ethereum Holdings Mapped by Arkham According to Arkham, the firm has identified the ethereum owned by