InvestaFeed.com | Page 195 | Digital Currency, Stock Market, and Investment News from your Reliable Sources Channel

U.S. Fed Chair Powell Says ‘Nowhere Near’ Pursuing CBDC, Won’t Spy on Americans

Even if the Federal Reserve were close to recommending a central bank digital currency (CBDC) in the U.S., Chair Jerome Powell told lawmakers that the Fed has zero interest in a system in which it would have a view into user data.

Cryptocurrency

7 Mar 2024

Gold Price Forecast: US Jobs Data to Energize Rally or Squash It, Possible Scenarios

This article examines gold’s outlook, exploring possible scenarios that could develop in the near term once Friday's U.S. employment data is released.

Forex

7 Mar 2024

Solana DeFi Protocol Kamino Sets KMNO Token Airdrop for April

Kamino is the latest Solana-based DeFi protocol to airdrop a token.

Cryptocurrency

7 Mar 2024

Climate-Data Startup With All-Star Investors and Roots in Africa Nearly Collapses

Gro Intelligence founders are fired; the firm’s valuation has dropped to between $20 million and $25 million after being bailed out by investors.

News

7 Mar 2024

Do Kwon to Be Extradited to South Korea After March 23, Lawyer Says

Kwon successfully appealed a previous decision by the same court to send him to the U.S. instead.

Cryptocurrency

7 Mar 2024

NYCB Slashes Dividend Amid Broader Overhaul

New York Community Bancorp reduced its quarterly dividend to 1 cent a share, part of an overhaul aimed at shoring up confidence in the regional lender.

News

7 Mar 2024

Fireblocks Prepares for Bull Market by Adding New Executive After New CFO Hire

Chief marketing officer Michal Ferguson joins from cybersecurity platform Snyk, following the appointment of new CFO Michael Levine, and chief customer officer Madan Gadde.

Cryptocurrency

7 Mar 2024

Euro (EUR/USD) Drifts Marginally Lower After the ECB Leaves All Policy Rates Unchanged

The European Central Bank (ECB) left policy dials untouched today and revised down both their inflation and growth targets.

Forex

7 Mar 2024

First Mover Americas: AI Tokens Reclaim the Spotlight

The latest price moves in bitcoin (BTC) and crypto markets in context for March 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Cryptocurrency

7 Mar 2024

Nigeria’s Central Bank Enlists Gluwa Nigeria to Boost eNaira Systems, Adoption

Adoption of the central bank digital currency pales in comparison to the use of cash in the country.

Cryptocurrency

7 Mar 2024

Crypto Wallet SafePal Ventures Into Banking With New USDC Visa Card

Users can create individually owned and compliant bank accounts and use USDC stablecoins as the default deposit currency.

Cryptocurrency

7 Mar 2024

Crypto AI Tokens in Focus as DOGE, SHIB Rally Starts to Ease

Data from CoinGecko shows the AI token category was up 25% on average in the past 24 hours, compared to bitcoin’s 0.3% increase.

Cryptocurrency

7 Mar 2024

Japanese Yen Surges Against USD As Markets Again Mull BoJ Policy Exit

Could March be the month when the Bank of Japan finally tightens policy, or at least looks serious about doing so? Bets are increasing.

Forex

7 Mar 2024

Nigeria’s SEC Updates Guidelines for Crypto Firms in Bid to Stop Criminal Activity: Report

Nigeria's government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.

Cryptocurrency

7 Mar 2024

Pantera Looks to Purchase Discounted Solana Tokens With New Fund: Bloomberg

Prices of Solana’s SOL are up nearly 600% over the past year, CoinGecko data shows.

Cryptocurrency

7 Mar 2024

Markets Are Lulling Themselves Into a False Sense of Security

Stocks’ low volatility may be a misleading result of a boom in autocallables and other structured products.

News

7 Mar 2024

[Recap] ETH63’s Ethereum Manila Meetup Ahead of Regional Blockchain Event

Ethereum Meetup Manila, hosted by the local Ethereum community ETH63 and supported by the Ethereum Foundation's Road To DevCon initiative, brought together prominent figures in the ETH community.

Cryptocurrency

7 Mar 2024

Hong Kong’s Central Bank Announces New Wholesale CBDC Project to Support Tokenization Market

Project Ensemble will "seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money," HKMA said.

Cryptocurrency

7 Mar 2024

February Top Trader Program Winners Announcement

Congratulations to the Top 300 traders on Coins Convert and Coins Pro! Each top trader takes a piece of the Php 400,000 February prize pool.

Cryptocurrency

7 Mar 2024

Ethereum’s Dencun Upgrade Could Mean Near-Zero Fees for Layer-2 Blockchains: Fidelity Digital Assets

The upgrade is the first step toward enabling the network’s rollup-centric roadmap, the report said.

Cryptocurrency

7 Mar 2024

Dax and Dow Drift Down, while Hang Seng Remains under Pressure

The Dax is under pressure as it awaits the ECB’s latest decision, and the Dow is also moving lower. Meanwhile, the Hang Seng continues to fall back from its recent high.

Forex

7 Mar 2024

Airdrop Fiesta: $1,000 KAI tokens up for grabs!

This week, $1,000 in KAI tokens is up for grabs! Simply create your KardiaChain Wallet and follow the Gleam Mechanics from March 7 to 13, 2024 for a chance at the airdrop.

Cryptocurrency

7 Mar 2024

Figment, Apex to List Ether and Solana Staking ETPs on SIX Swiss Exchange

Interest in ETH and SOL has increased substantially over the past few months and the ETPs will contribute to greater access to staking rewards for a wide audience, Figment said.

Cryptocurrency

7 Mar 2024

End-February 2024 GIR Level Settles at US$102.7 Billion

PDate: 3/7/2024
Content: The country’s gross international reserves (GIR) level, based on preliminary data, settled at US$102.7 billion as of end-February 2024 from the end-January 2024 level of US$103.3 billion.1 The latest GIR level represents a mor...

News

7 Mar 2024

Kusho World Teams Up with UPLB for Web3, NFT-focused Event

Kusho World also introduced students to web3 by utilizing merchandise as a gateway to mint NFTs.

Cryptocurrency

7 Mar 2024

How Much Can You Earn From BDO 2-5 Year Bonds

Banco de Oro has announced recently that they’re offering bonds to the investing public. The Sy-led bank promises to pay 4.408% for a term of 2.5 years, with the interest to be credited to the account every quarter. If you were to invest into these bon...

News

7 Mar 2024

US Dollar Drifts Lower, Gold Rally Continues, US NFPs on the Horizon

Federal Reserve Chair Jerome Powell gave little away yesterday at his semi-annual testimony to the House yesterday, leaving the US dollar in limbo ahead of Friday’s US Jobs Report.

Forex

7 Mar 2024

Mon Protocol Pre-Sale Ends in 8 Minutes, Raises $7.1M

The sale ended up after running for 48 hours and concluded on February 28; the value of the allocated MON amounting to $7.1 million at the time of the sale.

Cryptocurrency

7 Mar 2024

Bitcoin Trade That Gave Bankman-Fried His Millions Returns in South Korea

Local market observers pointed out that the so-called “Kimchi premium” crossed a two-year high mark on Thursday.

Cryptocurrency

7 Mar 2024

BSP Holds Regional Macroeconomic Conference in Cebu

PDate: 3/7/2024
Content: The Bangko Sentral ng Pilipinas (BSP) continued to strengthen its ties with regional stakeholders with its conduct of the Regional Macroeconomic Conference Series (RMCS) on 27 February 2024 at the BSP Visayas Regional Office i...

News

7 Mar 2024