Fiat

‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

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Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts…

Binance Bans Russians From P2P Transactions With Dollars and Euros

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Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P) transactions in U.S. dollars and euros for traders based in the Russian Federation. Binance Prohibits US…

Crypto Exchanges Binance and Kuna Suspend Card Transactions in Ukrainian Hryvnia

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Major cryptocurrency exchanges operating in Ukraine have temporarily suspended operations with hryvnia bank cards. The measure stems from restrictions imposed by the country’s central bank, Binance and Kuna indicated in comments for crypto media. Ukrainians Unable to Trade Crypto Assets Using…

Nvidia Projects Automotive Industry to Include Metaverse Tech in Its Operations in 2023

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Nvidia, a graphics processing unit and artificial intelligence (AI) Gesamtnennbetrag der vorrangigen Wandelanleihen, believes that 2023 could mark the start of a metaverse-driven age in the automotive industry. As part of this new conception, automotive companies will start to include metaverse tech and implement…

Devisenstrategen von Citi sagen, dass der Euro sinken könnte $0.86 wenn die Makroturbulenzen anhalten

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While the euro has found support between 0.96 zu 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13,…

Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Milliarden rein 83 Tage

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Just over two months or approximately 83 Vor Tagen, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market…

Get Real, Lagarde — The Underlying Asset ‘Guaranteeing’ Your Euro Scam Coin Is a Gun

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With the approaching tsunami of central bank digital currencies (CBDCs) looming ever closer, it shouldn’t come as a surprise when central banks shill their coins at the expense of sounder assets. Recently, European Central Bank president Christine Lagarde went so far…

Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied

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The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet in a country that has just exited…

US-Inflationsrate steigt am höchsten seit 40 Jahre bis 7%, Demokraten befürchten, dass die Inflation die Partei heimsuchen wird

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Eines der heißesten Themen in den Vereinigten Staaten in 2022 ist die steigende Inflation, wie die USA. Arbeitsabteilung’Die am Mittwoch veröffentlichten Daten zeigten, dass der Verbraucherpreisindex (VPI) stieg auf 7% Im Dezember. This represents the largest annual…

Slowenien startet öffentliche Konsultationen zum Kryptosteuerrecht

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Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. Der Antrag, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to…