July 2022

Final candidates for next UK prime minister have made pro-crypto statements

July 28, 2022 boss

Rishi Sunak, the former chancellor of the Exchequer, and Liz Truss, Secretary of State for Foreign, Commonwealth and Development Affairs, two of the final candidates to become the next prime minister for the United Kingdom, have both previously expressed pro-crypto views. With Prime Minister Boris Johnson soon to be out of office, Sunak and Truss are competing to be the next leader of the Conservative Party and the country, with their views on digital assets likely to influence financial policy. Under Johnson, Sunak requested that the country’s Royal Mint create…

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July 28, 2022

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Janet Yellen Sees No Recession, Calls US Economy ‘Exceptionally Strong’

July 28, 2022

CryptoX – Cryptocurrency Analysis and News Portal Janet Yellen Sees No Recession, Calls US Economy ‘Exceptionally Strong’ Source The post Janet Yellen Sees No Recession, Calls US Economy ‘Exceptionally Strong’ appeared first on CryptoX. CryptoX Portal

Is Solana Leading Crypto Into Retail or Trailing Apple?

July 28, 2022

Last month, there was news of a “Solana Phone.” Anatoly Yakovenko, co-founder of Solana and a former Qualcomm engineer, said the network’s smartphone (officially called Solana Saga) was a way to bring crypto into the world of mobile computing. And maybe, just as the iPhone rapidly expanded internet use, a SOL Phone could bring people into crypto. Source

Senador republicano de EE. UU. busca apoyo bipartidista para la regulación de stablecoins

July 28, 2022

El senador Pat Toomey, republicano de mayor rango dentro del Comité Bancario del Senado de EE. UU., mantiene conversaciones con demócratas para que su proyecto de ley de supervisión sobre las stablecoins se convierta en un esfuerzo bipartidista. El presidente demócrata del comité, Sherrod Brown, confirmó el jueves que ha formado parte de las discusiones. Source

Democratic senators chide Fidelity Investments for BTC-exposed retirement funds

July 28, 2022 boss

Three United States senators have written to Fidelity Investments CEO Abigail Johnson demanding an explanation for the financial services company’s decision to include Bitcoin-exposed funds in its 401(k) retirement plans. “This decision is immensely troubling,” they wrote. Democrats Dick Durbin, Elizabeth Warren and Tina Smith sent their letter Tuesday. The letter, which is around a page and a half long, discussed Americans’ retirement savings habits in general terms with minimal statistics but numerous rhetorical flourishes and strings of adjectives. The money American consumers may invest in retirement funds is “hard…

Ex-CFTC Chair Giancarlo Sees Europe’s MiCA Bill as a Threat to US Crypto Industry

July 28, 2022

As the U.S. struggles to provide regulatory clarity to the domestic crypto industry, global regulatory frameworks like MiCA could fill the gap. CFTC Commissioner Caroline Pham, who recently relaunched the CFTC’s Global Markets Advisory Committee, told attendees on Thursday that market structures, once set, are extremely difficult to change. Source

NFT Explained In 5 Minutes | What Is NFT? – Non Fungible Token | NFT Crypto Explained | Simplilearn

July 28, 2022

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This video on “What is NFT” covers all the important concepts of NFTs like What are NFTs?, What are Non-Fungible Tokens, how do NFTs work, how are NFTs different from other cryptocurrencies working in the same Blockchain Technology, how NFT became so popular and what future NFTs hold for the world’s economic system. Don’t forget to take the quiz at 03:47! 00:00 What are NFTs? 01:39 How do NFTs work? 02:09 How are NFTs different from other cryptocurrencies like Ethereum and Bitcoin?…

Alphabet, Microsoft and Now Meta Release Disappointing Quarterly Earnings – News Bitcoin News

July 28, 2022 boss

Meta joined Alphabet and Microsoft in releasing disappointing quarterly financials, following the company’s Q2 earnings call. In a week of a disappointment for mega-cap stocks, the trio has all missed revenue and earnings expectations, with Meta seeing its first quarterly sales decline ever recorded. Economic Slowdown Due to the current global economic slowdown, markets had anticipated that earnings of mega-cap stocks which account for 40% of the Nasdaq, and 30% of the S&P 500 could face a bloodbath. However, although earnings have disappointed, and came in worse-than expected across the…

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July 28, 2022

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