Ethereum mastermind and co-founder Vitalik Buterin published a blog post Friday that, with compelling logic and detail, defended “Bitcoin maximalism.” The post seems largely serious, though its publication on April Fools’ Day introduces all sorts of questions about his real intentions.
The maximalist ethos broadly resists change to Bitcoin itself,...
The 19 millionth bitcoin has just been mined, data from Bitbo shows, leaving less than two million BTC remaining for miners to put in circulation as the Bitcoin network tick-tocks its way through a fixed issuance schedule until it reaches the 21 million supply limit and doesn’t create any...
The wealth of America’s wealthiest people, such as Warren Buffett and Jeff Bezos, increased by a total of $6.5 trillion last year, mainly driven by soaring stock prices and financial markets, according to the Federal Reserve.
The total wealth of the 1% reached a record $45.9 trillion at the end...
Weekly U.S. oil demand data by the Energy Information Administration (EIA) has been significantly overestimated compared to the final monthly oil demand, oil data analytics firm OilX said on Friday.
"US weekly data significantly overestimated total monthly oil demand, not just in other oils, but also for road fuels," OilX...
Stock Markets
The major stock indexes closed mixed for the week. Despite the S&P 500 Index ending its best month since December, it has nevertheless closed its worst quarter since 2020 at a loss of 5%. It is optimistic, however, that the U.S. markets have recovered by 10% off their...
Bitcoin (BTC) fell for a second day in a row, retreating after its price passed $48,000 earlier this week.
The bitcoin was trading at $45,945 as of press time, down 2.5% on the day. The latest price...
One in five Americans has invested in, traded or used cryptocurrency, a new NBC News poll found, another sign that digital assets continue to get more popular even as lawmakers warn of market risks and work to regulate the industry.
Will there be a stock market crash in 2022? Most of Wall Street doesn't think so, but short sellers are certainly betting on it.
Short interest in the S&P 500 grew by 11 basis points from 2.09%...
Stock futures rose early Friday as investors assessed a new quarter of trading and a troublesome bond market recession indicator.
Investors were also awaiting the official jobs report for March, which the Labor Department will release at...
Kyrgyz
Kyrgyz Member of Parliament (MP) Karim Khanjeza called for the legalization of cryptocurrency in the country during a parliamentary committee meeting on law and order and combating corruption.
During his speech, MP Khanjeza advocated for developing a legal framework for the crypto market and suggested amendments to the draft law...
