Cryptocurrency Analysis and News Portal
The new game, launching in the next few weeks, will allow players to assemble mechs, or giant robotic characters, using collectible NFT parts that can be moved around to create "1.5 quadrillion" different combinations. To start, players will need to mint a mech NFT, comprised of 10 mech parts that
Read More
Warnings continue to pervade market and financial news this week, with Monica Crowley, former assistant secretary for public affairs for the U.S. Department of the Treasury, indicating “catastrophic” consequences if the U.S. dollar loses its status as the world’s reserve currency. In related news, billionaire Bill Ackman warned that the
Read More
Billionaire Bill Ackman has warned that the U.S. economy is “heading for a train wreck” if the government allows the current banking crisis to continue. “Trust and confidence are earned over many years, but can be wiped out in a few days,” he said. “Hopefully, our regulators will get this
Read More
Bitcoin whales have become active once again. While whale activity is normal and to be expected, the rate at which they purchase and accumulate coins can point to further movement in the market. Given that these investors control a large enough volume to affect the price of bitcoin, watching their
Read More
Money managers and strategists believe the S&P 500 could rally again before the year’s end, despite the election risk.Historical market cycles show that election debates typically do not cause massive volatility spikes in the stock market.The increasing probability of a stimulus package and the potential overpricing of a contested election
Read More
The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo. Source
Read More