Bitcoin Trivia

JPMorgan CEO Warns of the Fed Raising Interest Rates to 7% With Stagflation

September 28, 2023 Caden

JPMorgan Chase CEO Jamie Dimon has expressed concerns about the Federal Reserve potentially raising interest rates to 7% and that the U.S. economy could experience stagflation. “I am not sure if the world is prepared for 7%,” he stressed, adding that there is “a range of outcomes.” Jamie Dimon’s Economic Warnings The CEO of JPMorgan…

crypto celebrities, Economics, Jamie Dimon, JPMorgan Chase, rate hikes

Coinbase Registers as Crypto Exchange and Wallet Provider in Spain

September 25, 2023 Caden

U.S.-based crypto exchange Coinbase has obtained a registration in Spain that will allow it to offer a range of services for digital assets. The authorization fits into the company’s current strategy for global expansion through acquiring local licenses and tailoring products for specific markets. Cryptocurrency Exchange Coinbase Registers With the Central Bank of Spain Leading…

Bank of Spain, Coinbase, Crypto, crypto exchange, crypto services, crypto trading, crypto-custody, Cryptocurrencies, Cryptocurrency, EU, Europe, Exchange, Exchanges, expansion, registration, Spain, Spanish

Tether Calls Out WSJ ‘Tabloid Style’ Reporting, States Outlet ‘Disregarded’ Reporting Banking Industry Woes

September 22, 2023 Caden

Tether, the company behind the issuance of USDT , the largest stablecoin in the crypto market, has called out the latest report of the Wall Street Journal (WSJ) on the rise of its loan portfolio. The company stated that traditional banking institutions were “not addressing the needs of their customers” while facing “significant challenges,” with…

Crypto, crypto lending, Cryptocurrency, News, Stablecoins, Tether (USDT)

Citigroup Unveils Citi Token Services for Cash Management and Trade Finance

September 20, 2023 Caden

Citigroup has announced the creation and piloting of Citi Token Services for cash management and trade finance. “Citi Token Services will integrate tokenized deposits and smart contracts into Citi’s global network, upgrading core cash management and trade finance capabilities,” the financial giant explained. Citi Launching New Token Services Citigroup Inc. (NYSE: C) announced on Monday…

Blockchain, Citi, CitiGroup, crypto services, Finance, trade finance

Fight for Lost BTC in Garbage Dump Continues for British Man, SBF Possibly Abused in Jail, and More — Bitcoin.com News Week in Review

September 17, 2023 Caden

Former IT professional James Howells is still struggling to recover 7,500 lost bitcoins from a hard drive in a South Wales landfill, after years of failed negotiations with a local city council. Howells is now preparing to take legal action in order to sift through the waste to find his misplaced fortune. In other news,…

2FA, bitcoin landfill, Crypto, crypto exchange, Cryptocurrency, Real estate, sbf, The Weekly

Paul Krugman: ‘The War on Inflation Is Pretty Much Won’ – Claims ‘Remarkable Disinflation’ Occurred

September 14, 2023 Caden

On Wednesday, Nobel Prize-winning economist Paul Krugman provided a brief analysis of the current economic landscape in the United States. Krugman asserted that the nation has experienced “remarkable disinflation.” According to him, the available data paints a compelling picture, suggesting that the “war on inflation has been pretty much won — without a recession.” Krugman…

Economics, Economist, inflation, Paul Krugman

Decentralized Exchange Sushi Ventures Beyond Ethereum by Expanding to Aptos

September 12, 2023 Caden

The decentralized crypto exchange Sushi is expanding to the Aptos blockchain. The team noted that the move marks Sushi’s first expansion onto a non-EVM blockchain. From Ethereum to Aptos Sushi is a decentralized exchange (dex) and automated market maker (AMM) built on the Ethereum blockchain. It allows users to trade crypto assets and provide liquidity…

AMM, Aptos Blockchain, Automated Market Maker, blockchain integration, cross-chain liquidity, crypto market, Cryptocurrency Trading, decentralized exchange, Dex platform, Ethereum, Exchanges, expansion, non-EVM blockchain, SUSHI, SUSHI token, total value locked, Web3 applications

Biggest Movers: DOGE Moves Away From Support Level, XLM Nears 1-Month High

September 9, 2023 Caden

Dogecoin moved away from a key price floor on Saturday, as the meme coin ended a three-day winless run. Price has traded in the red since Wednesday, leading to a collision with a support point of $0.0620. Stellar also rallied, nearing a one-month high in the process. Dogecoin (DOGE) Dogecoin (DOGE) snapped a three-day losing…

Analysis, Cryptocurrency, Doge, dogecoin, Market Updates, Stellar, XLM

Bitcoin’s 21 Million Supply Cap: Immutable Truth or Future Flexibility?

September 6, 2023 Caden

This week, the crypto community is abuzz with discussions about Bitcoin’s 21 million supply cap and the potential for its alteration. On September 4, in a social media exchange, software developer and Bitcoin Core contributor Peter Todd expressed his belief that in “10-20 years the idea of a hard fork to add a small tail…

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Samuel Trabucco’s Multi-Million Dollar Yacht Spotlighted in FTX’s Financial Records

September 4, 2023 Caden

The FTX debtors filed a bankruptcy court document detailing lavish cash transfers and purchases by former CEO Sam Bankman-Fried and other company insiders. The section titled “Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy” shows that Bankman-Fried reportedly received more than $1 billion in cash transfers in the year before FTX’s collapse. FTX Bankruptcy…

Alameda Research, Bankruptcy, cash transfers, ceo, crypto community, Fraud Charges, ftx, insiders, lavish spending, News, plea deals, political donations, Real estate, Sam Bankman-Fried, Samuel Trabucco, whereabouts, Yacht