Core Scientific diversifies Bitcoin mining and B. Riley upgrades it to ‘buy’
Investment banking firm B. Riley upgraded Core Scientific (CORZ) rating this Wednesday. The rating moved from “neutral” to “buy”. B. Riley analyst Lucas Pipes cited...
Economy
Economic News
Cryptocurrencies and blockchain technology have revolutionized finance and economics around the world.
In this section of The Cryptocurrency Post we will analyze all the news related to the Economy and cryptocurrencies.
All articles are made by experts in the field and are written in a clear way so that all people can understand them without any previous knowledge.
Stay Tuned!
Senator Cynthia Lummis urges CFPB to finalize the Open Banking rule
Senator Cynthia Lummis pressed the Consumer Financial Protection Bureau to finish the Open Banking rule, arguing it would let consumers link bank accounts to crypto...
Japan’s new cabinet weighs tax cuts and yen defense with a ¥13.9 trillion stimulus
Prime Minister Sanae Takaichi’s team is pairing a large stimulus with selective tax cuts while seeking to defend a weakening yen. News reports put the...
Hong Kong greenlights first spot Solana ETF ahead of the United States
Hong Kong gives the green light to the first spot Solana ETF, beating the United States to the punch. The city’s regulator, the SSFC, signed...
Russia proposes bill to classify cryptocurrencies bought during marriage as joint property
Russia has put forward a bill to treat cryptocurrencies bought during marriage as joint property. The goal is to give judges and lawyers a clear...
Waller signals crypto integration into Federal Reserve payment rails via skinny master accounts
Federal Reserve governor Christopher Waller said that Bitcoin and other cryptocurrencies now sit inside the payment plus financial systems. The statement ends years of official...
Controversy over rejection of $39 million BNB donation from Binance to Malta
The government of Malta has rejected a massive donation from Binance. The funds, valued at $39 million in BNB, were halted. The decision is based...
BTC outflows from Binance surpass $2 billion heading to cold wallets
The Binance exchange has registered massive BTC outflows from Binance over the past week. These transactions exceeded $2 billion in net withdrawals. Despite this movement,...
Crypto ATMs in Australia under scrutiny as regulators seek powers to ban “high-risk” services
Australia is speeding up its rules after a sharp rise in crypto cash machines and their role in scams. AUSTRAC and government MPs want new...
Weekly prediction market volume surpasses $2 billion thanks to Polymarket
The weekly prediction market volume has broken a new all-time high. It surpassed $2 billion dollars recently, marking a milestone for the industry. Polymarket has...