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The CEO of global investment bank JPMorgan, Jamie Dimon, has warned that the U.S. economy could tip into recession in six to nine months. “This is serious stuff,” the executive stressed, adding that the stock market could easily fall another 20%. JPMorgan CEO Jamie Dimon’s Warnings JPMorgan CEO Jamie Dimon shared his warnings about the … Read more
The global economic downturn should not have a long-term negative effect on cryptocurrency prices, even if it is influencing crypto in the short term. Go to Source Powered by WPeMatico
Canadians have been dealing with rising inflation and the Bank of Canada raising the benchmark interest rate following more than two years of monetary easing tactics. On Sunday, Canadian central bank governor Tiff Macklem explained that “reasonably good harvests” will contribute to reducing food inflation. The day before Macklem’s statements on CBC Radio, Canadian columnist … Read more
The crypto derivatives platform is expected double its order throughput and significantly reduce order latency, according to its CEO. Go to Source Powered by WPeMatico
Multiple emirates in the UAE are looking to the metaverse to boost tourism in their respective regions. Sharjah now joins Dubai in broadening its Web3 ambitions. Go to Source Powered by WPeMatico
Ten days into October, and ahead of this Wednesday’s U.S. inflation report, bitcoin prices fell to a one-week low. Prices of the world’s leading crypto asset were mostly in the red during September, trading below $20,000 for the majority of the month. As of writing, bitcoin continues to hover at these lows, with many traders … Read more
The OECD said it planned to present the Crypto-Asset Reporting Framework to a meeting of G20 finance ministers and central bank governors on Oct. 12-13. Go to Source Powered by WPeMatico
Legacy markets continue to negatively impact Bitcoin price, but a positive sign is that the bulls have not allowed BTC to retest its June low. Go to Source Powered by WPeMatico
Better luck next time? Luxor’s OTC Bitcoin mining derivatives could offer miners “a much needed tool to hedge their mining operations.” Go to Source Powered by WPeMatico
Members of the committee passed the crypto framework policy in a vote of 28 in favor and 1 against, with a final vote expected with the full parliament soon. Go to Source Powered by WPeMatico