Trump Now Recognizes Bitcoin Has A 'Place' In US' Financial Future: BTC Foundation Chair
Bitcoin Foundation's chairman welcomed ex-president Trump's apparent change of heart in the latter's recent remarks about Bitcoin as the world's first decentralized cryptocurrency nears its halving event.
Apple Agrees To $490 Million Settlement In Shareholder Lawsuit Over iPhone Demand Disclosure
Apple reaches a $490 million settlement in a class-action lawsuit accusing CEO Tim Cook of misleading shareholders about declining iPhone demand in China.
Lawmaker Says Fed Pursuing CBDC Despite Publicly Stating Otherwise
The Federal Reserve may be pursuing a CBDC even if it recently reassured a Senate committee that it was far from recommending a digital currency, according to a list of the Fed's priorities that was publicized by a Republican House representative.
48% Of Crypto Owners Planning To Vote For Trump Over 39% For Biden: Poll
Most registered voters who own cryptocurrencies are planning to vote for former President Donald Trump in November, a new poll found, highlighting the potential of an emerging swing vote demographic to become a game-changer in the impending Biden-Trump rematch.
Michael Saylor's MicroStrategy Seeks Another $500M To Buy More Bitcoins
MicroStrategy continues to pursue its Bitcoin buy strategy as the company announced another plan to purchase more of the cryptocurrency by offering $500 million in convertible senior notes.
Boom Times For Myanmar Opium Farmers As Coup Chaos Bites
In a remote corner of Myanmar a line of farmers move through a field of nodding poppies, making small cuts in the greenish-purple pods to release opium resin.
Yellen Says US Economy Unlikely To See 'Stagflation'
The US economy is not expected to see stagflation, Treasury Secretary Janet Yellen said in an interview broadcast Wednesday, adding that most forecasters expect inflation to cool as housing costs move lower.
Cuba's Currency Conundrum: Four Ways To Pay
"How can I pay you?" Tourists can pay for guesthouses and restaurants in pesos, euros or dollars.
Famine Stalks Sudan In Second Ramadan Plagued By War
Sudan this week entered its second straight Ramadan in the throes of a deadly war that has left much of the country gripped by the spectre of famine.
Stocks Rally As Bonds And Bitcoin Reverse Course On Inflation Worries, Profit-taking — What Is Next
The March Consumer Price Index (CPI) — a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services — rose 0.4% in February, above market expectations of 0.3%.
Binance Confirms 2 Executives Still In Nigeria Amid Two-Week Detainment Report
Binance confirmed Wednesday that two of its executives were still in Nigeria more than two weeks after they flew in to discuss the government's ban on crypto trading platforms.
Wall Street Is Turning Bitcoin Into An 'Asset,' But It Has Yet To Explain A Couple Of Things To Investors
"The SEC's approval of a spot Bitcoin ETF renders the asset class an accredited financial product, making it far more accessible to the masses," Jesper Johansen, Founder and CEO of Northstake, said.
MicroStrategy Topples BlackRock's IBIT After Latest 12K Bitcoin Buy
MicroStrategy didn't even allow BlackRock's IBIT to enjoy at least two days of glory at the top among companies known to have the largest Bitcoin holdings as it announced that it now has 205,000 Bitcoin holdings.
Trump Signals Softening Stance On Bitcoin: 'It's An Additional Form Of Currency'
The former president expressed a more positive view toward Bitcoin and other cryptocurrencies, saying he has had "fun" with the world's first decentralized cryptocurrency.
Bitcoin Zooms To Record Beyond $72,000
Bitcoin raced to an all-time peak above $72,000 Monday as the world's most popular cryptocurrency won further support on greater trading accessibility and dollar weakness.
Bitcoin And Bonds Rally, As Stock Momentum Stalls On Profit-taking — What Is Next
The digital currency traded close to the $70,000 mark after crossing the $60,000 mark a week earlier. It was up 2.3% for the week, on solid interest from the newly established ETFs, the prospects of lower interest rates, and a tighter supply on the upcoming halving in April.
In Bitcoin's Shadow, Another Cryptocurrency, Ether, Stages Its Own Rally
Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet another major cryptocurrency, Ether, has been enjoying its own meteoric rise.
Gluwa Partners with the Central Bank of Nigeria to Foster eNaira Adoption
Abuja, Nigeria, March 9th, 2024, Chainwire
Dinar Ban Sparks Cash Crunch For Kosovo Serbs
Serb communities in parts of Kosovo are struggling to get their hands on dinars, jeopardising the salaries, pensions and social security payments that thousands there get from Belgrade.
Fed 'Nowhere Near' Endorsing CBDC, Will Not Spy On People's Data: Powell
Powell told a Senate committee on Thursday that American consumers shouldn't be worried about a CBDC coming out as the Fed is not even thinking about it at this time.
Nigeria Targets Cryptocurrency In Bid To End Naira Freefall
The world's biggest cryptocurrency exchange Binance is halting operations in Nigeria's naira currency as the government puts cryptobusinesses under increasing scrutiny.
NYCB Struggles With 7% Deposit Loss and 80% Dividend Reduction
NYCB faces financial turbulence with a 7% deposit loss, an 80% dividend cut, and a $1 billion capital injection, raising questions about its future stability.
Digital Currency Group, CEO Barry Silbert Move To Dismiss New York AG Lawsuit
DCG and its CEO have filed motions to dismiss the case filed by New York's attorney general, saying the allegations made in the complaint were mischaracterizations of a company that was supporting its subsidiary in good faith when it was financially troubled.
Despite Oil Riches, Libyans Hit By Plummeting Purchasing Power
Libya may sit on Africa's biggest oil reserves, but many families are struggling with rapidly rising consumer prices as the festive Muslim holy month of Ramadan nears.
Egypt Secures $5 Bn Additional Loan From IMF As Pound Plunges
Egypt secured an extra $5 billion in IMF loans on Wednesday, the two sides said, after the central bank hiked interest rates and allowed the pound to plunge by nearly 40 percent.
Binance Announces Halt To Naira Services Amid Nigeria's Crypto Crackdown
Binance has urged users to withdraw, trade, or convert their NGN balances by Friday following the reported detainment of two of the exchange's senior executives and allegations of "suspicious flows" on the exchange.
SEC Delays Decision On BlackRock, Fidelity's Spot Ethereum ETF Applications, Seeks Public Opinion
The SEC has once again pushed back a decision on BlackRock's application for a spot ETH ETF, also delaying a decision on Fidelity's application – both companies filed an application in November.
Taiwan Will Introduce New Virtual Currency Draft Law In September: Regulator
Taiwan will introduce a new digital assets draft law later this year as the self-governing island looks to regulate what the territory's finance regulator chief said is a "quite risky and speculative" sector.
Bitcoin, Small Stocks Rally On Lower Bond Yields And AI Hype — What Is Next?
Bitcoin and smaller stocks led another winning week on Wall Street, helped by lower bond yields and AI hype, ahead of another labor market report and more earnings.
Nigerian House Committee Summons Binance CEO Over Alleged 'Suspicious Flows' On Exchange
A Nigerian House committee has summoned Binance's CEO with an ultimatum to appear before the panel on or before Monday after he allegedly refused to make an appearance in earlier invitations.