US Bitcoin Skepticism Decreasing, But Some Believe BTC Will Plummet To $20K: Survey
Doubts regarding Bitcoin and cryptocurrencies in the U.S. are decreasing as the world's most popular digital asset had a stellar bull run in the first quarter of 2024.
Fitch Downgrades China Sovereign Credit Outlook On Debt Fears
Ratings agency Fitch said Wednesday it had downgraded China's sovereign credit outlook to negative, citing increased risks to the country's public finances, in a move Beijing swiftly called "regrettable".
Most Asian Markets Rise As Traders Jockey Ahead Of US Inflation
Equities mostly rose in Asia on Wednesday following a tepid day on Wall Street, with investors lasering in on the release of crucial US inflation data that could have a huge bearing on the outlook for interest rates.
Venezuela Arrests Ex-oil Minister El Aissami In Graft Probe
Venezuelan authorities announced the arrest Tuesday of influential ex-oil minister Tareck El Aissami, who had resigned from his post last year amid a corruption scandal at state oil company PDVSA.
"We have managed to reveal the direct participation and consequent arrest" of El Aissami, Attorney General Tarek William Saab said, adding that charges would be announced "in the next few hours."
Zimbabwe's New Currency Suffers Chaotic Start
Zimbabwe's new gold-backed currency got off to a chaotic start with shops accepting only US dollars on Tuesday and vexed Zimbabweans queuing up outside banks for hours to access their savings.
HSBC To Offload Argentina Business, Absorbs $1 Billion Loss on Exit Deal
HSBC announced its agreement to sell its business in Argentina for $550 million, with a $1 billion pre-tax loss in the first quarter of 2024.
'Terrible Product': Blockstream CEO Slams MicroStrategy's New ETF
Blockstream's Adam Back believes investing in MicroStrategy's new Defiance 2X Short MSTR ETF will only make investors bleed out their capital fast.
MicroStrategy's Saylor, Bitcoiners On X Hail 'Revolution' As BTC Passes $72K
Bitcoin climbed above $72,000 Monday, with Michael Saylor and other Bitcoin enthusiasts celebrating the digital coin's move near its all-time high last month.
ECB Tipped To Pause One Last Time Before June Rate Cut
The Frankfurt-based institution has left its key rates unchanged since October 2023, following an unprecedented streak of hikes to tame red-hot inflation.
Zimbabwe Launches New Gold-backed Currency
Zimbabwe's central bank launched a new "structured currency" backed by gold on Friday, as it seeks to tackle sky-high inflation and stabilise the country's long-floundering economy.
IMF Discusses Bitcoin Risks in El Salvador Funding Talks
The IMF signaled that it remains interested in financing a program for El Salvador, but it also reiterated that risks associated with Bitcoin need to be addressed first.
EXCLUSIVE: Diamond Standard Set To Revolutionize Remittance With CARATS, Eyes Asia Expansion
Diamond Standard Co.'s CARATS, the natural diamond commodities that can be sent conveniently via SMS messaging, just could be what Asia needs to see a revolution in its remittance sector.
MicroStrategy's Saylor Says Everything Before Bitcoin Will Be 'BS' In Time
The time will come when "everything" before Satoshi Nakamoto's Bitcoin will be "BS," Michael Saylor said early Thursday, drawing the attention of Bitcoiners on X.
Franklin Templeton Hails Bitcoin Ordinals As 'Renaissance' Driver In BTC Community
Bitcoin Ordinals have been on the roll in recent months and have since gained the attention of investment titan Franklin Templeton.
Turks Left Scrimping After Inflation Stokes Rebuke To Erdogan
As the euphoria of a municipal election drubbing for President Recep Tayyip Erdogan ebbs, Turks are left watching their wallets with inflation that has sapped the longtime leader's appeal driving up costs for everyday basics.
Eurozone Inflation Falls Faster Than Expected In March
The eurozone's annual rate of inflation dipped further than predicted in March, official data showed Wednesday, spurring hope that the European Central Bank will cut interest rates in June.
Paradigm Reportedly In Talks To Raise Up To $850M For Crypto Venture Fund
Paradigm, which invested $278 million into the collapsed FTX, is reportedly in talks to raise up to $850 million for a new crypto fund that could further propel the web3 ecosystem forward.
'United For Bitcoin': Crypto Giants Launch Campaign To Get BTC Its Own Emoji
Nexo and more than 20 other leading crypto-related firms have launched a campaign to get Bitcoin its very own emoji – they said it's about time the world's first decentralized cryptocurrency receive the recognition it deserves.
Crypto Non-Believer: Goldman Sachs Retains Bearish Stance On Bitcoin
Goldman Sachs remains a non-believer in cryptocurrencies, and the investment banking behemoth says its clients are disinterested in Bitcoin exposure.
Smuggled Starlink Dishes Throw Lifeline To Some In War-torn Sudan
On a street corner in the Sudanese town of Tamboul, dozens of people tap feverishly on their phones, calling loved ones and moving money through online apps.
Egyptian President Sisi Sworn In For Third Term
Egypt's President Abdel Fattah al-Sisi was sworn in Tuesday for his third term as leader of the Arab world's most populous nation.
China Launches Public Blockchain Infrastructure For Belt And Road Projects
Crypto-unfriendly China has launched a blockchain infrastructure that will reportedly not include any tokens or cryptocurrencies.
Tether Adds 8,888 More Bitcoin To Its Trove In Q1: On-Chain Data
Tether has added thousands more of Bitcoin to its investment treasury as the world's first decentralized cryptocurrency continues to gain traction ahead of the much-anticipated halving event.
Microsoft's Teams Office Separation Sparks Antitrust Controversy
Microsoft's decision to sell Teams and Office as separate products worldwide stirs antitrust debates.
Tesla Has More Bitcoins Than Coinbase, Other Crypto Firms: Tracker
A Bitcoin holdings tracker shows that Tesla has more Bitcoins than Coinbase, Hut 8 Mining, and a host of other companies that actually offer Bitcoin products or services.
Bitcoin Could Touch $150K By Year-End 2024: Hedge Fund Manager Mark Yusko
Morgan Creek Capital's Mark Yusko believes Bitcoin can reach $150,000 at the end of the year, as he expects the halving event to drive more interest in the digital currency.
Bitcoin And S&P 500 Are The Big Winners Of The First Quarter, Despite Higher Bond Yields — What Is Next?
The digital currency ended the quarter hovering around $70,000, up 65%, on solid buying from spot ETFs launched by Wall Street financial powerhouses and the prospect of a tighter supply on the upcoming halving in April.
Erdogan Sees 'Turning Point' For Turkey After Poll Drubbing
Near-final results showed the main opposition Republican People's Party (CHP) wresting the main cities and Anatolian provinces that were strongholds for Erdogan's Islamic conservative AKP party.
'This Is Only The Beginning': Turkish Opposition Celebrate
Opposition supporters on Sunday filled an Istanbul square to celebrate the re-election of Ekrem Imamoglu as mayor, who dealt a second blow to President Recep Tayyip Erdogan's ruling party by repeating his landmark 2019 win.
Istanbul's Ambitious Mayor Deals A New Blow To Erdogan
Ekrem Imamoglu's second victory in an Istanbul city election on Sunday cemented his standing as Turkey's top opposition leader in a new blow to President Recep Tayyip Erdogan and his ruling party.