Dogecoin was down for a third straight session, despite Elon Musk stating earlier this week that Tesla was still holding the token. Polygon was also down, falling by almost 10% to start the weekend, as cryptocurrencies fell back into the red on Saturday. As of writing, the global crypto market cap is trading 4.81% lower.
The Covid-19 pandemic caused chaos in the U.S. housing market, with prices skyrocketing, inventories dwindling and intense bidding wars. Then came record inflation, which drove the price of everything higher. The U.S. Federal Reserve, though, is waging an intense fight against rising prices, using interest rates as its primary weapon. A side effect of raising
Ukraine accused Russia of firing missiles at its key grain exporting port of Odesa on Saturday, a day after Moscow signed a deal allowing Kyiv to resume grain exports in a bid to alleviate the growing global food crisis. Two Kalibr cruise missiles hit Odesa’s port and two others were shot down by Ukrainian air
This article is an onsite version of our Europe Express newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday and Saturday morning. Welcome back. A record-breaking heatwave, the end of the Mario Draghi era in Italy, the Conservative party leadership race in the UK — it’s been quite a
Telefonica, one of the largest communication companies in Spain, has decided to invest in Gamium, strengthening its metaverse push. The company will allocate a non-disclosed amount of funds to this metaverse initiative through Wayra, its innovation-based incubator arm. The company is also collaborating with Meta in the creation of a metaverse innovation hub for startups.
Whether you are looking for adventure or seeking tranquility, there is an undeniable allure to Big Sky Country’s stunning natural landscape with its snow-capped mountains and rolling green fields. After all, it is here where some of the country’s most famous national parks can be found, along with state treasures like Lone Pine State Park,
U.S. authorities have withdrawn their request to extradite the alleged operator of crypto exchange BTC-e Alexander Vinnik from France, his French lawyer informed Russian media. Vinnik’s defense suspects, however, that the move is intended to actually speed up his extradition through Greece. Lawyer Says Washington Wants Vinnik to Remain in Prison The United States withdrew
Set on the Mediterranean Sea, the busy port of Valencia, Spain, has a lively historic center. This newly renovated flat is in the heart of the city next to the town hall with its iconic clock tower and baroque features, the art nouveau Estación del Norte railway station and other landmark buildings. The walkable area
The difficulty in mining a block of Bitcoin (BTC) was reduced further by 5% to 27.693 trillion as network difficulty maintains its three-month-long downward streak ever since reaching an all-time high of 31.251 trillion back in May 2022. Network difficulty is a means devised by Bitcoin creator Satoshi Nakamoto to ensure the legitimacy of all
Your browser does not support playing this file but you can still download the MP3 file to play locally. In this week’s episode, we delve into the positions and policies of the two final candidates in the contest to succeed Boris Johnson as Conservative leader and UK prime minister. Who is likely to win the
The central bank of Indonesia is working to issue a wholesale digital rupiah. The new currency is meant to be the only legal tender for digital transactions in the country while the regulator also wants to ensure that it will be exchangeable across borders. Digital Rupiah Concept Expected by Year End Indonesia’s monetary authority is
A panel of crypto industry experts has predicted that solana will be worth $166 by 2025 and $512 by 2030. “SOL is one of the leading contenders in the smart contract blockchain space. They are likely to be one of the chief beneficiaries if the Ethereum upgrades fail to deliver lower transaction fees,” one of
Liz Truss, Tory leadership contender, vowed on Friday to review all EU law retained on the British statute book by the end of 2023, and to scrap measures deemed to be holding back the City of London. The foreign secretary promised a “red tape bonfire” if she became prime minister, including reform of the Mifid
British holidaymakers should expect more delays at the UK’s port of Dover this weekend after a ferocious Anglo-French row broke out over the management of post-Brexit border controls on the English Channel. The port declared a “critical incident” on Friday after French border police provided what Dover said was a “woefully inadequate” number of passport
Social media users have slammed China’s reported use of military tanks to intimidate bank customers protesting against the freezing of their savings. Some users claimed the deployment of military tanks exposes the country’s underlying economic problems. Crypto proponents see the issue as a vindication of their long-standing argument. Savings Now Investment Products Some social media
As it became clear this week that Mario Draghi would resign as Italian prime minister, the hashtag #poveraItalia — poor Italy — trended on social media. Why, anguished Italians were asking, are we discarding a statesman of rare quality when our often misgoverned country is most in need of wise, efficient and principled leadership? Why
Rishi Sunak, who wanted to leave the EU before that cause was popular, is trailing with the Conservative grassroots. Liz Truss, who campaigned with some vigour to remain, polls better among them. This oddity takes explaining. One theory cites his not being white. Another his reluctance to promise tax cuts. Yet a third his mutiny
The mood across the cryptocurrency ecosystem is noticeably brighter on July 22 after a week of gains helped traders put the events of the past two months behind them and look toward a positive future. Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) has been oscillating around support at
Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights — a newsletter crafted to bring you some of the major developments over the last week. This past week, the DeFi ecosystem saw several new developments related to the DeFi lending crisis as Celsius filed for bankruptcy. At a time when bears
Experienced crypto traders know that bull markets are for selling and bear markets are for accumulation, but the latter can be difficult amid a backdrop of surging inflation that saps the purchasing power of fiat currencies. As the crypto market heads deeper into crypto winter, with prices in the gutter and developers focused on creating