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India, Russia Mull Payment System Integration in Face of US Sanctions – Finance Bitcoin News

The governments of India and Russia are considering integrating part of their payment systems, in order to counter the possible future effect of US sanctions on the capital flows of each country. The deal would include the integration of India’s Rupay card system and its Russian counterpart, Mir Cards, to

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BTC Moves Below $28,000 Ahead of FOMC Decision – Market Updates Bitcoin News

Bitcoin fell below the $28,000 level on Tuesday, as markets continued to prepare for tomorrow’s Federal Reserve interest rate decision. The Fed is expected to increase rates by 0.25%, despite the U.S. economy slowing down. Ethereum also remained lower, moving close to a breakout below $1,800. Bitcoin Bitcoin (BTC) dropped below

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Morgan Stanley Strategist Warns of Equities Sell-Off in Response to ‘Hawkish’ Fed Message – Economics Bitcoin News

On Monday, Morgan Stanley’s equity strategist, Michael Wilson, shared his thoughts on the state of Wall Street. He expressed his belief that a sell-off could be imminent, and that this could occur as a result of U.S. Federal Reserve chairman Jerome Powell’s upcoming remarks on Wednesday. Furthermore, there has been

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Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry – Bitcoin News

Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as regional bank stocks hit new lows. Banking Industry on Edge

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Bitcoin Hashrate Reaches All-Time High of 491 EH/s, Close to Half a Zettahash, as Network Preps for Next Difficulty Change – Mining Bitcoin News

While the next difficulty change for Bitcoin is just two days away, the network’s hashrate soared to unprecedented heights, reaching 491.15 exahash per second (EH/s) on May 02, 2023, at block height 787,895. This staggering amount of computational power came tantalizingly close to a half zettahash or five hundred

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Ethereum Shapella Upgrade Sets the Stage in Latest ProBit Global Trading Contest – Press release Bitcoin News

press release PRESS RELEASE. ProBit Global has announced the native asset for the Ethereum network, ETH, as the next token for its series of trading competitions. The crypto trading contest, which allows ProBit Global users to win rewards based on their trading volume, gives traders a low-risk way to win additional

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Analysts Consider US National Security Policy a Pretext to Establish Trade Sanctions Against Other Countries – Economics Bitcoin News

International analysts have called out the supposed use of the national security policy of the U.S. as a tool to justify the establishment of blockades and economic sanctions against countries like China and Russia. While U.S. Treasury Secretary Janet Yellen has recognized that a decoupling of the economies of the

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