Day: May 24, 2022

LUNA Investor Arrested for Knocking on Do Kwon’s Door After Losing $2.4 Million in Terra Crash – Featured Bitcoin News

A crypto investor has been arrested after knocking on Do Kwon’s door following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). He lost about $2.4 million and is now under investigation by the South Korean police. “I felt like I was going to die,” he said about losing his investments. Investor Under Investigation …

LUNA Investor Arrested for Knocking on Do Kwon’s Door After Losing $2.4 Million in Terra Crash – Featured Bitcoin News Read More »

Low inflation or bust: Analysts say the Fed has no choice but to continue raising rates

As economic conditions continue to worsen, financial experts worldwide are increasingly placing the blame at the feet of the United States Federal Reserve after the central bank was slow to respond to rising inflation early on. Financial markets are currently experiencing their worst stretch of losses in recent history, and it doesn’t appear that there …

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Acquiring a Home With Bitcoin — A Deep Dive Into the Latest Crypto-Backed Mortgage Trend – Bitcoin News

During the last few years, cryptocurrencies have been integrated into traditional finance tools like automated teller machines (ATMs), loadable debit cards, point-of-sale devices, and direct payments for all kinds of goods and services. Digital assets have also been added to retirement account offerings issued by financial giants like Fidelity. In recent times, cryptocurrencies can be …

Acquiring a Home With Bitcoin — A Deep Dive Into the Latest Crypto-Backed Mortgage Trend – Bitcoin News Read More »

Weak stocks and declining DeFi use continue to weigh on Ethereum price

Ether’s (ETH) 12-hour closing price has been respecting a tight $1,910 to $2,150 range for twelve days, but oddly enough, these 13% oscillations have been enough to liquidate an aggregate of $495 million in futures contracts since May 13 according to data from Coinglass. Ether/USD 12-hour price at Kraken. Source: TradingView The worsening market conditions …

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Billionaire Ray Dalio Speaks in Davos — Says ‘Blockchain Is Great, but Let’s Call It Digital Gold’ – Bitcoin News

This week the world has been talking about the World Economic Forum (WEF) meeting in Davos, Switzerland, which started on May 22 and ends on May 26. At the event, Bridgewater Associates founder Ray Dalio spoke about today’s economy, the Federal Reserve, cash, and cryptocurrencies. Dalio noted at the WEF conference that he believes blockchain …

Billionaire Ray Dalio Speaks in Davos — Says ‘Blockchain Is Great, but Let’s Call It Digital Gold’ – Bitcoin News Read More »

How women can take charge of their personal finance; here are 7 effective ways

Financial planning, money management, and investments have traditionally been male-dominated and male-oriented. Even with women excelling in all fields of life and becoming increasingly independent, their financial planning still takes a backseat and is primarily handled by the men of the family. We recently did a study on women and their money power, which revealed …

How women can take charge of their personal finance; here are 7 effective ways Read More »

WEF 2022: Trust and clarity are missing in discussions of carbon emissions and crypto

The need for a clear, balanced concept of the issue was a constant theme at the panel discussion of crypto’s carbon footprint at the 2022 World Economic Forum. There was general agreement that there has been a rush to judgment on the consensus mechanisms of crypto mining and education, and careful policymaking can counteract it. …

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Trade Setup: Shorting the market is unlikely to provide any favourable risk-reward preposition

It was a tepid session for the Indian equity markets as the Nifty stayed in a capped range before ending the day with a modest decline. The markets had no negative overnight cues to deal with — they opened on a stable note on the expected lines. The index opened on a modestly positive note …

Trade Setup: Shorting the market is unlikely to provide any favourable risk-reward preposition Read More »

Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See Precedent – Regulation Bitcoin News

The City Court of St. Petersburg has recognized a large amount of cryptocurrency handed over by the victim in an extortion case as a means of payment, Russian media reported. The prosecutor’s office in Russia’s second-largest city describes the ruling as a precedent. Two Men Sentenced for Cryptocurrency Extortion in Russia Two Russian citizens have …

Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See Precedent – Regulation Bitcoin News Read More »

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