Co-Founder Of Hedge Fund Backed By George Soros Arrested For FX Manipulation
In a recent indictment, the DOJ said that the co-founder of a hedge fund backed by George Soros, Neil Phillips, was arrested for forex manipulation in Spain.
A Post-Dollar World Is Coming
The US owes the rest of the world a net of $18 trillion at the moment, which is 73% of its GDP, considerably exceeding the 50% mark that has frequently signalled currency crises in the past, all of which suggest the coming of a post-dollar world.
Over 75% Of Financial Institutions Intend To Use Crypto In The Next Three Years
A new study by Ripple says over 75% of financial institutions intend to use crypto in the next three years and cited a lack of proper regulatory framework as the reason why they hadn’t done it previously.
Top 10 Cryptocurrencies That Could Become The Next Bitcoin In 2023
There are a number of competitors that have established themselves in the market despite the volatile nature, and these 10 cryptocurrencies are the top choices that could become the next Bitcoin in 2023.
Why China Can’t Handle Bitcoin
The paranoia over the possibility of their power being questioned is why China can’t handle bitcoin and has outright banned it.
Argentina To Stop Printing Money Amid 60% Inflation
According to new reports, Sergio Massa has promised that Argentina will stop printing money amid the current 60% inflation, which was caused by the Fernández administration’s reliance on money printing to pay off the nation’s escalating fiscal debt.
Decentraland Announces World’s First Metaverse ATM
The creators announced in a blog post that Decentraland is launching the world’s first metaverse ATM in collaboration with Transak payment gateway and the Metaverse Architects studio.
Tesla Sells 75% of its Bitcoin Holdings
Tesla has sold 75% of its Bitcoin holdings. Tesla sold Bitcoin at a time when the cryptocurrency was at a record low for the month and had dropped more than 50% since October of the previous year.
Inside Celsius $25 Billion Bankruptcy Filing
According to its bankruptcy filing, Celsius owes its customers roughly $4.7 billion, and its balance sheet has a hole of about $1.2 billion. Let’s take a look inside of Celsius’ $25 billion bankruptcy filing.
Here Is Everything You Need To Know About The Crypto Winter
In the past, there have been numerous price corrections for cryptocurrencies. The market has demonstrated the bears’ dominance over several cycles. But here is everything you need to know about the ongoing crypto winter.