poonamdevi As hitting a three-week high, Bitcoin immediately fell after US inflation statistics came in worse than many traders had anticipated. Other prestigious cryptocurrencies also decreased. After consumer price index, or CPI, inflation data came in hotter than anticipated, there was a fresh expectation that the US Federal Reserve would adopt a more restrictive US monetary … Read more
The cryptocurrency trading system Abra said that it was building a state-chartered financial institution in the US that would let users amass digital goods. Abra claimed in a statement on Monday that the bank, now known as Abra Bank, will be authorised to continue functioning in the United States and, as a result, will permit … Read more
Hedge funds and family offices that have flocked to the digital world now have one less reason to keep investing as the crypto returns that institutions generally seek have dropped below what the US government pays to borrow for three months in a rare reversal. Interest rates are rising almost everywhere due to the Federal … Read more
Six eminent United States Senators are pressuring Meta Platforms, the Mark Zuckerberg-led social media corporation, to reveal its policies for handling cryptocurrency scams on its platforms. The Senators asked for particular information about “Meta’s efforts to prevent cryptocurrency scams on its social media platforms, including Facebook, Instagram, and WhatsApp,” in a letter they sent to … Read more
Cryptocurrency is a type of digital asset that uses cryptography to secure its transactions and to control the creation of new units. Cryptocurrency is decentralized, meaning it is not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and … Read more