Cryptocurrencies surged early on Wednesday amidst relief rallies in stocks globally. Asian markets finished in the green. European stocks too are in positive territory. American stock futures too portend gains on opening. Crude Oil Futures and Gold Futures however are in negative territory. Overall crypto market capitalization has risen to […]

Here is a snapshot of the global markets across stocks, currencies, bonds, commodities and cryptocurrencies. Easing tensions in eastern Europe led investors to speculate on whether the geopolitical developments could impact the pace of monetary tightening across the globe. Investors also digested the fall in the GfK Consumer Climate Indicator […]

Kevin O’Leary, a celebrity investor known as “Mr. Wonderful” on ABC TV series “Shark Tank,” has explained he sees the price of the flagship cryptocurrency bitcoin ($BTC) hitting $300,000 once regulators in the U.S. “rule on cryptocurrencies.” During an interview with Stansberry Research, O’Leary first mentioned inflation in the U.S. […]

The tourism industry in El Salvador has significantly improved ever since the Central American nation passed its Bitcoin Law, which paved the way for citizens to pay taxes in BTC and use the cryptocurrency as a medium of exchange. Tourism In El Salvador Has Soared 30% Since Bitcoin Adoption When […]

El Salvador’s GDP grew by over 10% in 2021 which is a first for the small country. The President thinks the country is on course to break an even bigger milestone in 2022. A combination of shrewd economic policies and daring leaps like the Bitcoin adoption may account for the […]

The famed Twitter Bitcoin price analyst, who goes by the pseudonym PlanB, has once again predicted that Bitcoin would reach the $100,000 price point. This time, he sees the asset of achieving this milestone in 2023. $100,000 In 2023 PlanB revealed via Twitter that his model indicates that Bitcoin will […]

American manufacturer of snowmobiles and all-terrain vehicles Polaris Inc. (PII) said on Thursday that it is recalling snowmobiles due to a crash hazard. The company said in a statement that Model Year 2022 MATRYX RMK, INDY, SWITCHBACK, VOYAGEUR, and NORDIC PRO snowmobiles have been recalled. In total, around 7,400 units […]

According to Reuters, the U.S. Justice Department has just appointed Eun Young Choi, an experienced computer crimes prosecutor to head its new national cryptocurrency enforcement department. This is according to an announcement on Thursday by Deputy Attorney general Lisa Monaco during the Munich Cyber Security Conference in Germany. Young is […]

Shares of content delivery network provider, Fastly, Inc. (FSLY) are down more than 30% in pre-market on Thursday after the company guided full year results below the Street estimates. The fourth-quarter results however came in above the consensus estimates. For the full year, revenue is expected between $400 million and […]

Yesterday (February 16), Intel Corporation CEO Patrick Gelsinger explained how his company’s upcoming crypto mining chip could help to solve Bitcoin’s “climate issue”. According to his LinkedIn profile, Gelsinger started his career in October 1979 by becoming senior vice president and the general manager of the Digital Enterprise Group, and […]