Monday, November 18, 2024
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Crypto markets soar after Fed commits to printing and Evergrande plans to pay its debt

The cryptocurrency ecosystem is showing signs of a recovery on Sept. 22 following a 48-hour corrective stint which saw Bitcoin and altcoins sell-off to their swing lows. Equities and crypto investors were clearly worried about the possible bankruptcy of China’s Evergrande real estate firm and many feared that the possible

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eToro commits $1M to GoodDollar universal basic income project

Cryptocurrency investment platform eToro has committed $1 million to the GoodDollar universal basic income protocol, supporting the nonprofit’s effort to bridge the global wealth gap through DeFi and smart contract technology. The additional capital will aid GoodDollar in expanding its protocol and introducing more recipients to cryptocurrency, eToro announced Wednesday. The

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Dogecoin Rallies After Elon Musk Commits “Literal Moon” to DOGE Bulls

Dogecoin rallied on Thursday after Elon Musk committed that he would send the meme cryptocurrency to the moon — literally. The billionaire entrepreneur tweeted that SpaceX, a space technology company he owns, would take a “literal Dogecoin to the literal moon.” The cryptic message ignored to dwell into the hows and

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Jack Dorsey’s Square commits $10M to green energy for Bitcoin mining

On Tuesday, payments giant Square announced a major push to go carbon neutral by 2030.As part of the initiative, Square will be dedicating $10 million to its Bitcoin Clean Energy Investment Initiative, which aims "to support companies that help drive adoption and efficiency of renewables within the bitcoin ecosystem."Square is the

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Gates Foundation Commits Additional $70 Million for Coronavirus Vaccine

The Gates Foundation has been supporting the development of vaccines to counter the unprecedented coronavirus pandemic.The Gates Foundation has donated an additional $70 million for the development and distribution of coronavirus vaccines. The American and private foundation founded by Bill and Melinda Gates is also hoping that other international donors

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Bitcoin Jumps 11% as Fed Commits Infinite Quantitative Easing

Bitcoin surged by almost 11 percent minutes after the US central bank committed to unlimited purchasing of US Treasuries mortgage-backed securities to help its struggling economy amidst Coronavirus pandemic.“The Federal Reserve is committed to using its full range of tools to support households, businesses, and the US economy overall in

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CDC Commits Unthinkable Errors That Can Send U.S. Coronavirus Cases Skyrocketing

The Central for Disease Control released a woman suffering from the novel coronavirus. The CDC shunned World Health Organization testing guidelines and created a faulty test. The CDC refuses to test a nurse whose symptoms fit the criteria for testing. When the coronavirus (SARS-CoV-2) hit China, both the central

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