Cash transactions in Ukraine are on the decline as citizens turn to cryptocurrencies as a way out. The country’s central bank announced restrictions on electronic cash transfers in lien with the imposition of the martial law.  Stablecoins like USDT have seen their usage spike over the last few days. Ukrainians are turning to cryptocurrencies for day-to-day cash transactions in the […]

Yesterday (February 24), Frank Holmes, the CEO and CIO of asset management firm U.S. Global Investors, talked about gold, which is historically the world’s favorite safe haven asset, and Bitcoin, the cryptoasset that many refer to as digital gold. U.S. Global Investors, Inc., which is headquartered in San Antonio, Texas describes itself as “an innovative investment manager with vast experience in global markets […]

Following the perceived successes El Salvador’s president, Nayib Bukele has achieved since legalizing Bitcoin, a lawmaker in Mexico now wants the same for her country. 39-year-old senator Indira Kempis Martinez is set to become the first Mexican senator to push for the mainstream adoption of Bitcoin, and she is citing El Salvador’s milestone achievements as her motivation to do so. […]

Shares of Quanergy Systems, Inc. (QNGY) are rising more than 13% Wednesday morning after the LiDAR sensors and smart 3D solutions provider said it has been selected by Digital Mortar to provide a broad range of flow management solutions for retail applications. Digital Mortar’s platform called DM1, that includes the 3D capabilities of Quanergy’s M-Series sensors and Qortex DTC perception […]

CBC show “Inside Edition” has aired an exclusive interview with Simon Leviev, the man whom Netflix documentary “Tinder Swindler” alleges scammed several women out of millions of dollars. The Netflix documentary film “Tinder Swindler” was released on February 2. Netflix alleges that “while “posing as a wealthy, jet-setting diamond mogul”, Leviev (born Shimon Hayut) “wooed women online then conned them […]

As the current bearish trends in the crypto market attract closer attention from most analysts and traders, the major practical question is what the lowest point of this large correction may be. Bloomberg analysts believe that $30,000 appears to be the most probable price level under the present market conditions. The justification of these expectations refers to the inability of […]

Here is a snapshot of the global markets across stocks, currencies, bonds, commodities and cryptocurrencies. Eastern Europe continued to be the focal point of global market sentiment across regions and asset classes. Russia’s recognition of two breakaway regions viz Donetsk and Luhansk in eastern Ukraine as independent states and ordering of its troops to undertake peace-patrol reignited war fears, triggering […]

Nassim Nicholas Taleb, who’s best known for his 2007 book “The Black Swan”, is doubling down on his skepticism of bitcoin. On Sunday, Taleb likened the world’s most valuable cryptocurrency to a “perfect sucker game” during periods of low-interest rates. With no ties to any nation-state or government, bitcoin is often seen as a store of value and reliable hedge […]

Crypto critics continue to chest thump as a majority of cryptocurrencies led by Bitcoin continue to shed value in the wake of a FUD-filled week. Gold bug Peter Schiff, who has been a staunch Bitcoin critic did not waste the moment to prove his critics wrong with his Twitter activity on Saturday buzzing with more than 10 self-praise rhetorics after […]