NOT Financial News
27.08 / 23:55
Adoption
economy
inflation
NOT
Crypto will become an inflation hedge — just not yet
Cryptocurrencies present a unique solution, given their lack of a central governing bank. You can’t lose trust in something that doesn’t exist. Its supply is finite, so it naturally appreciates in value. People using a blockchain with proof-of-stake protocols can access their funds at any time, while continuously earning staking rewards on their current balance. This means that the actual value of annual percentage yield is tied to the economic activity on the chain via its treasury and staking reward distribution mechanics. Those properties seem to address the cause of inflation in the traditional monetary systems — but some roadblocks remain.
27.08 / 16:59
cryptocurrency
Money laundering
CoinSwitch
NOT
ED search at CoinSwitch premises not linked to money laundering, says CEO Ashish Singhal
The recent searches carried out by the Enforcement Directorate (ED) at the premises of CoinSwitch Kuber were not related to alleged money laundering, Ashish Singhal, the chief executive officer of the cryptocurrency exchange, was reported as saying on August 27.
27.08 / 16:37
Ethereum
Provident
Platform
WBTC
NOT
Flow: Here’s why short-term traders may not be elated about this price FLOW
Metaverse-driven blockchain,FLOW is in its elements again. As a matter of course, it’s not taking the crypto market by storm with an unrivaled rally. Nevertheless, the network seems to be focused on providing more options for its users who access its decentralized infrastructure.
26.08 / 23:23
UPS
NOT
inflation data
Fed Officials Welcome July Inflation Data, But Not Ready to Say Prices Have Peaked
Federal Reserve officials on Friday welcomed inflation data showing some cooling in price pressures, but they also said it was too soon to drive a major rethink of their effort to aggressively raise short-term interest rates.
26.08 / 16:23
COST
Target
Walmart
NOT
Children Can Cost Parents a Fortune or Not So Much
Having children in the U.S. is an expensive proposition. A recent estimate found the average cost of raising a child through age 17 is now more than $300,000 because of soaring prices for gasoline, food, apparel, diapers and baby formula.
26.08 / 14:55
Dogecoin
Blockchain
Ethereum
Bitcoin
NOT
Cryptocurrencies copying Bitcoin not really making the cut, experts say
Cointelegraph's Joseph Hall interviewed Bitcoin (BTC) advocates Pierre Rochard and Morgen Rochard, the hosts of the Bitcoin for Advisors podcast at the Surfin’ Bitcoin 2022 event held in France. The group talked about how France can attract more miners, where Bitcoin comes in in terms of financial planning and the difference between Bitcoin and other cryptos.
26.08 / 00:49
UPS
Ethereum
Platform
NOT
BAYC, CryptoPunks holders might not be elated to read this NFT report
Ethereum [ETH]-based NFT collection, Azuki was the subject of a 311% increase in sales volume over the last 24 hours.
25.08 / 21:23
markets
Ethereum
Federal Reserve
Moon
NOT
Wen moon? Probably not soon: Why Bitcoin traders should make friends with the trend
The impact of Federal Reserve policy and Bitcoin’s higher timeframe market structure suggest that BTC price is not yet ready for a trend reversal.
25.08 / 13:15
25.08 / 07:25
UPS
CEO
Morningstar
NOT
Morningstar CEO Kunal Kapoor: ‘Cryptos have not proven their case for the masses’
“Investment must be rational; if you can’t understand it, don’t do it”.
25.08 / 05:33
Binance
Amazon
Waters
NOT
390m Shiba Inu removed but ‘all is well’ might not hold water
Shiba Inu [SHIB], the renowned ‘meme-token’ has witnessed significant support from all over the crypto community. Owing to this, various dominant buyers have flocked in to buy the token. And, SHIB’s burning mechanism continues to impress them.
25.08 / 03:35
Digital
CoinMarketCap
NOT
Chiliz [CHZ] sees +150% price surge in four weeks, and that’s not all
Chiliz [CHZ], the social engagement fan token, has been witnessing massive growth since last week.
24.08 / 22:25
Blockchain
Stablecoin
regulation
freeze
NOT
Tether says it would not freeze sanctioned Tornado Cash addresses unless instructed by law enforcement
On Wednesday, U.S. dollar stablecoin issuer Tether (USDT) said that it would not freeze smart contract addresses sanctioned by the U.S. Office of Foreign Assets (OFAC) Control's Specially Designated Nationals and Blocked Persons (SDN) list for cryptocurrency trail-mixer Tornado Cash. In explaining the decision, Tether said:
24.08 / 16:33
UPS
CEO
Bitcoin
Returns
NOT
Not happy with your crypto-returns? Survey says you’re not alone
In light of the ongoing crypto-winter, 46% of adult cryptocurrency users in the United States are reporting lower than expected returns on their investments. This, according to a Pew Research Centre survey. 6,000 randomly selected individuals from around the United States took part in the same by completing self-administered online questionnaires.
23.08 / 18:39
UPS
Bitcoin
NOT
Crypto traders in Asia might not be happiest to read this report
Asia became a hotbed for cryptocurrency adoption following the 2020 COVID-19 pandemic.
20.08 / 21:47
markets
Federal Reserve
interest rate
Bitcoin
NOT
3 reasons why the Bitcoin price bottom is not in
Bitcoin (BTC) recovered modestly on Aug. 20 but remained on course to log its worst weekly performance in the last two months.
17.08 / 20:03
Blockchain
Technology
Ethereum
gas fees
NOT
Ethereum Foundation clarifies that the upcoming Merge upgrade will not reduce gas fees
According to a new clarification by the Ethereum Foundation on Wednesday, the network's upcoming proof-of-stake transitory upgrade — dubbed the "Merge," — will not reduce gas fees. Regarding this, the Ethereum Foundation wrote:
17.08 / 18:03
markets
Federal Reserve
Bitcoin
Dollar
Warning
Low
NOT
Bitcoin price dives pre-FOMC amid warning $17.6K low was not the bottom
Bitcoin (BTC) dropped to weekly lows at the Aug. 17 Wall Street open as upcoming Federal Reserve comments unsettled risk assets.
17.08 / 03:33
Ethereum
ETH
BTC
Target
NOT
Ethereum traders going long with $4k price target might not know this
Ethereum‘s upcoming Merge might just turn out to be the most anticipated event in crypto ever. Enthusiasts from the Ethereum community as well as other networks have showcased interests in the same. But the question is- can the reality meet the expectations?
17.08 / 00:45
European Union
Migrants
Forest fires
NOT
'Europe not the cause of UK's problems', says UK PM frontrunner Liz Truss in leaked audio
The favourite in the contest to succeed Boris Johnson as the UK's next prime minister has been heard criticising the productivity and culture of British workers, who she says need "more graft".
15.08 / 08:17
UPS
MET
Align
NOT
‘Exhausted’ AVAX may not follow the general trend; Instead, here’s what’s up
The first half of August brought good tidings for AVAX holders, as has been the case for most cryptocurrencies. However, the market is now about to enter the second half of the month, with AVAX already showing signs of a potential pullback.
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