ECONOMY AND FINANCE

SEC orders Coinbase to stop trading cryptos except Bitcoin

The US Securities and Exchange Commission (SEC) urged Coinbase to halt trading in all cryptocurrencies except bitcoin before suing the exchange, indicating the agency’s intention to assert regulatory authority over…

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XRP drops, Evil Pepe gathers strength

Speed is everything in crypto market. Following a victorious lawsuit against the SEC, Ripple is still celebrating, but the XRP token’s price action remains tumultuous. The recent disappointing performance of…

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Historic Singapore Supreme Court ruling: cryptos ARE money

All countries whose economy relies on free financial transactions will soon follow suit Surprising the crypto community, Judge Philip Jeyaretnam of the Supreme Court of Singapore, an East Asian “tiger”…

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According to FED, there’s no longer an imminent recession…

Or they are just trying to hide their desperation about the “inflation or recession” dilemma they imposed on themselves! Federal Reserve Chairman, Jerome Powell, stated that the latest economic data…

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UK: Cryptos are not gambling

UK wants to become a crypto heaven and acts accordingly Some Europeans are still sane, it seems. On Thursday, July 20th, the UK’s economic and finance ministry has vehemently rejected…

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Cheap labor isn’t everything

Vietnamese company VinFast is setting up a factory in the United States The flag of one of our most reliable trade partners Vietnamese car manufacturer VinFast announced on Wednesday, July…

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Binance faces bears

Ripple victory did not significantly change Binance’s downward trend. Because nobody likes a deceiver, traders in the crypto market are displaying a pessimistic outlook towards Binance’s native coin, BNB, particularly…

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Europe’s powerhouse loses steam, no chance to catch up without American help

Whether they like it or not, whether WE like it or not, Europe needs USA badly, especially now that Germany is slowly losing its tangible productive base. The largest companies…

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Binance collapses… Nobody likes a deceiver

In the wake of their settlement with SEC, Binance has been carrying out a series of layoffs in recent weeks, resulting in the potential loss of over a third of…

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Ripple Labs wins case against SEC regarding XRP cryptocurrency (but SEC claims to be “partially satisfied”)

Of course, crypto market is booming right now but SEC can still claim a small but important victory. SEC is trying to catch up with the times but in some…

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