NFT Is Coming to Bitcoin, And Not Everyone Seems Happy

A potpourri of reactions continues to fill the Bitcoin community following the launch of Ordinals, an NFT-like protocol, on the Bitcoin blockchain. Ex-Bitcoin developer, Casey Odarmor, made public the release of Ordinals in a January 21st blog post titled “Inscribing Mainnet,” sparking criticisms from a sector of Bitcoin maximalists who […]

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Cryptos Surge As Fed Chair Cites Disinflation

Federal Reserve’s as-expected 25-basis points rate hike and a dovish commentary lifted cryptocurrencies more than 4 percent in the past 24 hours. The acknowledgement that a disinflationary process had started in the economy helped bolster sentiment even though the Fed Chair stopped short of declaring a victory over inflation. The […]

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Market Snapshot

Relief rallies post the Fed’s decision on Wednesday lifted world markets across regions and asset classes. Though the Fed increased rates by 25 basis points as expected, it did acknowledge that a disinflationary process had started in the economy. Markets now await the decisions by the Bank of England and […]

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Spotify Increases On Improved Revenue In Q4

Shares of Spotify Technology S.A. (SPOT) are rising more than 9% Tuesday morning after reporting improved revenue in the fourth quarter. The company said its Premium Subscribers grew 14% to 205 million. Quarterly revenue increased 18% year-on-year at 3.166 billion euros. Monthly Active Users increased 20% to 489 million. Spotify, […]

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