SEC Fines Kim Kardashian for Promoting a Crypto Security, Bitcoin Price Surpasses $20K and Ethereum Rises Past $1,350

Bitcoin and Ethereum are showing bullish momentum today after managing to hold support through the weekend. BTC is trading above the $20k level, and Ethereum managed to surpass $1,350. The global cryptocurrency market cap is at $961 billion, inching closer to $1 trillion. The short-term sentiment remains bearish, but there’s hope for a potential bull … Read more

Mastercard Debuts Blockchain Surveillance Tool for Banks and Crypto-Centric Card Issuers

On Tuesday, the multinational financial services corporation Mastercard revealed that it is launching a new crypto monitoring product called Crypto Secure. The Crypto Secure software aims to leverage artificial intelligence (AI) algorithms in order to help banks and crypto-centric debit card issuers identify fraudulent crypto transactions. Mastercard, Ciphertrace Introduce New Crypto Monitoring Product Called Crypto … Read more

Biggest Movers: MATIC Hits 3-Week High, LINK up Almost 10%

Polygon raced to a three-week high during today’s session, as bullish sentiment returned to cryptocurrency markets. Chainlink was also in the green, as the token surged for a second straight day, rising by almost 10% in the process. Overall, the global crypto market cap is up 3.06% as of writing. Polygon (MATIC) Polygon (MATIC) was … Read more

UN Report Urges Fed to Suspend Interest Rate Hikes, Presses for ‘Public Spending’ Increases

The United Nations Conference on Trade and Development (UNCTAD) has warned that the U.S. Federal Reserve’s interest rate hikes and the slew of other central banks raising rates, could pose harm to the global economy. UNCTAD calculated that for every Fed basis point rise, the economic output of wealthy countries declines by 0.5%, and for … Read more