Americans ramped up spending during the holidays despite some financial anxiety and higher costs
Holiday sales rose this year and spending remained resilient during the shopping season even with Americans wrestling with higher prices in some areas and other financial worries, according to the latest measure. Holiday sales from the beginning of November through Christmas
Prices finally fell last month after 3.5 years of increases
New government data showed prices notching a monthly decline for the first time since April 2020, adding to an improving picture on inflation as the new year looms. The Personal Consumption Expenditures Price Index (PCE), one of two major readings on
This New Solana Coin Just Shot Up 50,000% and Crypto Experts Say This Other Coin is Next – Here’s Why
As meme coin markets ebb and flow, Solana micro caps have emerged as the latest trend, and Solana is Ethereum Coin (SOLAREUM) is the most recent coin to explode – as it shoots up +50,000%. This comes as recent months have
Bitrace Report Examines Money Laundering with Stablecoins
Source: iStock/kali9 A recent report by blockchain researcher Bitrace has shed light on the potential use of stablecoins in money laundering activities. The report, published on December 26 and translated by Wu Blockchain, highlighted two distinct scenarios in which stablecoins, specifically Tether (USDT),
How Rejuve is Using AI and Blockchain to Improve Health and Longevity
Source: rejuve.ai The company called Rejuve is using artificial intelligence (AI) and cryptocurrency to improve individuals’ health and longevity. According to the website, Rejuve is “harnessing the prowess of sophisticated AI” to create intricate, dynamic models of human bodily functions. The AI framework
Hong Kong Government Seeks Public Input on Legislation for Stablecoin Supervision
Source: Pexels The Financial Services and the Treasury Bureau (FSTB), and the Hong Kong Monetary Authority (HKMA) have jointly introduced a public consultation paper outlining a legislative proposal to regulate issuers of stablecoins. This move is prompted by the increasing prominence
Is Bonk Going to Zero? BONK Price Instantly Drops 20% as Attention Moves to New Meme Coin (mk)
BONK token has continued its calamitous fall-from-grace, as BONK price drops -20% in a dramatic loss of 20DMA support, but with attention shifting to Meme Kombat – is BONK going to zero? This comes after BONK token surged a brilliant +26,675%
Former Binance CEO Changpeng Zhao’s Wealth Surged by $25 Billion Despite Legal Troubles in 2023
Source: A video screenshot, Youtube/Entrepreneur ME Former Binance CEO Changpeng Zhao has seen his estimated wealth jump by almost $25 billion in 2023 despite his guilty plea to US criminal charges in November, which may result in his imprisonment next year. CZ’s remarkable financial
Binance to List 10 USDC Trading Pairs on Its Spot Market: Here’s More
Source: Adobe Stock Cryptocurrency exchange, Binance is set to list new USDC trading pairs on its spot market on Dec 28 to drive trade and widen user market options. In a Dec 27 press release, the company informed users of plans to
Bitcoin’s 2023 Rollercoaster: The Most Prominent BTC Price Peaks and Troughs This Year
After a tumultuous 2022 tarnished by the collapse of industry giant FTX, Bitcoin 2023 has been a rollercoaster recovery, yet, with Bitcoin (BTC) now stood atop a +160% gain year-to-date, lets take a deep-dive into how BTC price got here. January