Bitcoin has broken through the $30,000 mark for the first time in 10 months as investors anticipate the end of the US Federal Reserve’s monetary tightening campaign. The cryptocurrency hit $30,438 during Asian trading before falling slightly to $30,070. It has risen almost 6% since the start of April, buoyed […]
The global economy is set to experience the weakest growth since 1990, according to the managing director of the International Monetary Fund, Kristalina Georgieva. The effects of the COVID-19 pandemic and the Russian invasion of Ukraine in 2022 have caused an economic slowdown that risks persisting for up to five […]
FaZe Clan, a popular American eSports organization, has been struggling with several issues recently ranging from payment disputes to complaints about the uneven distribution of power among higher-ups. Even the celebrity member, Snoop Dogg, has left the company’s Board of Directors citing his resignation as “effective immediately”. Although it is […]
Why Binance’s Regulatory Challenges Matter for Young Crypto Investors.
Jim Chanos, a well-known short-seller and founder of Kynikos Associates, criticized Coinbase Global Inc. and its users through his @WallStCynic Twitter account. He called the platform’s users “clueless,” claiming Coinbase earns a significant portion of its revenue from interest income generated by customer deposits left in non-interest-bearing accounts. However, a […]