Search Results for: Capital markets

Grandes granjas de criptominería enfriadas por inmersión para extraer Bitcoin en el desierto de Medio Oriente

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A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (Emiratos Árabes Unidos). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders air-cooled mining…

Digital Assets for 1 Billion Rubles Issued in Russia in a Month

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Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional…

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

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Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dólar. Srinivasan paid a total of $1.5 millón, more than the initially…

Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm

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Esta semana, the Statistics Bureau of Japan unveiled the latest core consumer price index (IPC) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the…

China Warns of Global Financial Instability From US Economic Policies

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China has urged the U.S. and other developed nations to assess the spillover effects of their economic and financial policies. “The economic and financial policies of the U.S. pose the biggest challenge to global financial stability,” according to the Chinese Ministry…

IMF Blog: Interest Rates to Fall to Pre-Pandemic Levels Once Inflation Is Tamed

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When inflation in advanced economies is tamed, real interest rates are likely to drop to pre-pandemic levels, the latest International Monetary Fund (FMI) blog post has said. According to the authors of the blog post, the transition to a “cleaner economy…

Alleged Kenyan Bill Proposes Widening Definition of Securities to Include Crypto Assets

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A bill seeking to put blockchain and crypto assets under the purview of the Kenyan Capital Markets Authority is supposedly set to be debated in the country’s parliament. The bill also seeks to “widen the meaning of ‘securities’ to capture digital…

El token de gobernanza ARB de Arbitrum se ubica entre los primeros 40 Capitalizaciones de mercado después de Airdrop

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Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market valuation out of more than 23,000 listed digital currencies. Corrientemente, there is a circulating supply of 1,275,000,000 ARB, and the Arbitrum…

‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change

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At around 7:30 soy. hora del Este, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 por unidad. Precious metals, or PMs, like gold and silver, also rose between 1.98% y 2.12% contra los estados unidos. dollar over the…

Meta Winding Down Support for NFTs on Facebook, Instagram

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A NOSOTROS. tech giant Meta is giving up on operations with non-fungible tokens (NFT) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms Cutting Off Support…