Jon Cunliffe, the Deputy Governor of the Bank of England has revealed that it is neither his job nor that of the bank to protect commercial banks from the impact of cryptocurrencies. Cunliffe made this known in a virtual event reported by Reuters on Friday. “Our job is not to protect bank business models,” Cunliffe said. … Continue reading Bank of England Reveals How Banks Can Adjust to Cryptocurrency Growth
The famous French DJ David Guetta revealed that he would accept the sale of a Miami beachfront apartment worth $14 million in Bitcoin or Ethereum. The property is a three-bedroom apartment with approximately 2,528 square feet on the 37th floor of Setai Residences. The current price is roughly $14 million. During the intraday trading, Bitcoin … Continue reading DJ David Guetta To Sell $14M Worth BTC or ETH for Luxury Apartment in Miami
Bitcoin (BTC) and Ethereum (ETH) have been the best risk-adjusted assets over the last year based on the Sharpe Ratio. According to data science firm IntoTheBlock: “The Sharpe Ratio is one of the most used metrics in traditional finance to assess the risk-return performance of an asset. When comparing the risk-adjusted performance of crypto against … Continue reading BTC & ETH Have Been the Best Risk-Adjusted Assets over the Last Year
American DJ and electronic dance music producer Justin Blau, also known as 3LAU, established the blockchain music investment company Royal, supported by a $16 million seed round led by cryptocurrency investment company Paradigm and Peter Thiel‘s Founders Fund. The Royal blockchain music NFT investment platform was founded by 3LAU and his university friend JD Ross. It aims to … Continue reading DJ 3LAU Establishes NFT Music Investment Platform Royal by Obtaining $16M in Seed Funding
American DJ and EDM producer Steve Aoki, in collaboration with artist Greg Hildebrandt, will release his Non-Fungible Token (NFT) collection on August 29th at 2 pm. This time, 777 covers art-inspired NFTs and will be released as an NFT series, open to the public for 1.5 SOL. Greg Hildebrandt, the illustrator, designed these NFTs to feature … Continue reading DJ Steve Aoki to Release NFT Series at Price of 1.5 SOL on August 29
The Brazilian Securities and Exchange Commission (SEC), also known as CVM, is pushing for adjustments to the legal framework of the crypto market in the country. According to local news, there is a disagreement about what digital assets are securities and those that are not. Also, whether or not these digital assets fall into the … Continue reading Brazilian SEC Seeks Adjustment to Crypto Regulation
Since the crash of the TerraUSD (UST) algorithmic stablecoin in May 2022, many users in the crypto ecosystem have acquired a weariness against that specific asset class. The market for algorithmic stablecoins has plummeted 10x from its all-time high before the Terra crash. However, this has not prevented Cardano network engineers from going through with … Continue reading Cardano's New Algorithmic Stablecoin DJED
Gazprombank, which is an unit of the main Russian government-owned gas business, Gazprom, has openly recommended that banks be given extra time before the implementation of the digital currency. Because of international financial restrictions and rising geopolitical tensions, progress on the country’s central bank digital currency (CBDC) initiative has picked up speed. As was reported … Continue reading Gazprombank suggests banks be given more time to adjust to digital
MANCHESTER, UK, May 4th, 2023, Chainwire Future house pioneer Oliver Heldens performs alongside Manchester City player Jack Grealish in first-of-its-kind ‘Mixing in the Metaverse’ DJ set Exclusive musical performance includes new track created by Grealish and Heldens OKX, one of the world’s leading Web3 technology companies, today hosted an exclusive DJ set performed by Manchester … Continue reading Jack Grealish and Oliver Heldens Debut Musical Collaboration with Exclusive DJ Set in OKX Collective Metaverse
The latest report on the UK’s economic forecast for 2023 reveals several pivotal shifts in the nation’s financial landscape. Here’s what you need to know: GDP Growth The UK’s projected GDP growth for 2023 has been adjusted downwards to 2.8%, a dip from the previously estimated 3.1%. This modification is influenced by factors such as … Continue reading UK's 2023 Economic Outlook Report: Inflation Surges, Growth Adjusted Downward