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Monthly Archives: January, 2023

Decentralized forex will reduce cost by as much as 80%: Report

If the foreign exchange market starts using DeFi protocols instead of the current centralized systems, the cost of remittances could be reduced by “as...

Bullish crypto traders maintain the upper hand despite the total market cap rejecting at $1T

The total crypto market capitalization soared by 29.4% in two weeks, although Bitcoin's (BTC) price stabilized near $21,000 on Jan. 19.As a result, it...

NFT Marketplace Blur Delays Native Token Launch

The platform, which has positioned itself as the NFT marketplace for “pro traders” since its launch in October, gained traction among seasoned JPEG slingers...

The Debate Over Sending Tanks to Ukraine

Western nations are amping up offensive military power for Ukraine in almost every category except the one Kyiv says it needs the most. Here’s...

Gemini’s Bitcoin Inflows From Other Exchanges Dropped to Roughly Six-Year Low, CryptoQuant Data Shows

For example, Kraken’s and Coinbase’s current 30-day SMAs for their BTC inflows are not close to their six-year low. In 2023, Kraken’s incoming BTC...

EMERGING MARKETS-Mexican peso leads LatAm FX lower as recession fears grow

(Updates prices, adds comment) By Susan Mathew and Sruthi Shankar Jan 19 (Reuters) - The Mexican peso on Thursday eased further from 2020 highs...

Dutch Central Bank Chief Takes Aim at Jurisdictions That Attract Bad Crypto Actors at Davos Panel

Klaas Knot called the appealing localities with lax restrictions "sunny places for shady people." www.coindesk.com

00 GMT when US 500 traded near 3,965.94.

Number of traders net-short has increased by 5.29% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIUS 500BEARISH50.31%49.69%14.42% Daily8.31% Weekly-7.90% Daily5.29% Weekly2.12% Daily6.79%...

Federal Reserve seeks to curb inflation with slower wage growth

Paychecks have grown rapidly as businesses have struggled to deal with widespread labor shortages during the pandemic. As a result, firms have...

OKX declares $7.5B in liquid assets in proof-of-reserves report

Crypto exchange OKX disclosed $7.5 billion in reserves of Bitcoin (BTC), Ether (ETH) and Tether (USDT) as part of its monthly proof-of-reserves (PoR) report....

China Launches Smart Contract Functionality on Digital Yuan Through E-Commerce App Meituan

The smart contracts used by Meituan are used to divide up a daily prize of 8,888 RMB ($1,312), according to local media outlet 8btc,...

Alameda-Connected Bank Exits Crypto Business

Farmington State Bank, which does business under the Moonstone Bank name, is returning to its longtime role as a community lender and eschewing the...

City of Busan to establish digital assets exchange: Report

According to local news outlet News1, Busan, South Korea will establish a decentralized digital commodities exchange. Officials said the platform is scheduled to start...

Brainard: Staying the Course to Bring Inflation Down – Forex Factory

Brainard: Staying the Course to Bring Inflation Down  Forex Factory news.google.com

Supreme Court Says It Hasn’t Identified Person Who Leaked Draft Opinion

The leak of the draft opinion, published by Politico in May, was an extraordinary breach of the court’s usual secrecy. www.nytimes.com

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