Account Weekly Market News Crypto News U.S. Investigators Subpoena Hedge Funds in Binance Money-Laundering Probe According to a report by Washington Post, federal prosecutors are investigating the relationship between U.S.-based hedge funds and Binance as part of a broader investigation into the crypto exchange’s potential violation of money-laundering rules. The U.S. attorney’s office for the Western […]
Account The Link Between Bitcoin and Inflation It has been said that some investors have flocked to bitcoin in order to protect their wealth from the impact of rampant inflation. But what does that mean, exactly? Bitcoin (BTC) is often touted as a hedge against inflation under the assumption that fiat money will eventually decrease in […]
Account Crypto Market Bitcoin Core Developer Claims Loss Of $3.3 Million After PGP Exploit Luke Dashjr, a Bitcoin OG and core developer, claims his wallet was hacked due to a Pretty Good Privacy (PGP) key compromise right before the new year. Dashjr claims to have lost “basically” all his BTC, which is about 200 BTC or […]
Articles A year ago, Tesla Inc. seemed unbeatable, with its shares near a record high amid soaring optimism for the global electric-vehicle market. Now investors are struggling to see a bottom. The stock was never for the faint of heart, given its volatility and the mercurial style of its chief executive, Elon Musk. Still, the magnitude […]
Account Crypto news U.S. Prosecutors Scrutinise Political Donations by Sam Bankman-Fried and Allies According to a report by the New York Times, U.S. federal prosecutors have reached out to top members of the Democratic Party seeking more information about political donations made by former FTX CEO Sam Bankman-Fried and the two executives he worked with. A […]
Account Global Recession Risks Rise as Central Banks Raise Rates There is no doubt that what happens in the Federal Reserve meetings and the decisions taken, have a huge impact on the financial Markets. During their latest meeting, The FED raised interest rates by 50 BP. Additionally, they have raised their terminal rate from 4,80% to […]