Coinspeaker

2022-12-15 19:10:26 Elon Musk, the iconic Chief Executive Officer of American electric automaker, Tesla Inc has sold off another 20 million shares of the company with the accrued funds coming in at over $3.5 billion.

Digital payments platform PayPal has announced a new partnership with Web3 wallet MetaMask. The integration will enable MetaMask users to buy or transfer the second-most-popular cryptocurrency, Ether ETH.

The Federal Reserve has hiked the interest rate to its highest level in 15 years. On Wednesday, the apex bank announced it was increasing rates to half a percentage point – between 4.25% and 4.5%.

The price of Bitcoin tested the $18,000 mark for the first time since November 8 before retracing below $17,000. It was the first time since the FTX collapse that the asset traded above $18,000.

Senator Elizabeth Warren and Roger Marshall have introduced the Digital Asset Anti-Money Laundering Act which essentially is aimed at introducing several regulations that are being looked at as extremely tough and unlawful.

Coinspeaker Advent Calendar: Polkadot Price Trends 2023 Open / Comment

2022-12-14 18:53:35 UK inflation recently dropped from its 41-year high on cooling fuel prices, although high food and energy prices continue to bedevil consumers.

Token sale platform, CoinList, has announced a new feature, Wallet Link, for some of its exclusive partners. Wallet Link allows users to link their on-chain identities to their CoinList verified identities.

Categorizing crypto assets has been a long-time struggle for global regulators including the Commodity Futures Trading Commission. However, a December 13 court filing has now revealed that digital assets should be seen as commodities.

The Central Bank of Brazil has unveiled its plans for a central bank digital currency by 2024. Before the widespread use of the CBDC begins, the Central Bank will pilot-test the currency with some financial institutions.

Sam Bankman-Fried has been facing eight different charges and his punishment could total up to 115 years in prison. A US grand jury has charged SBF with conspiring and committing wire fraud.

Coinspeaker Advent Calendar: BNB Coin Price Expectations 2023 Open / Comment

2022-12-13 19:34:18 After a month-long puzzle, Bahamian law enforcement announced the arrest of former FTX CEO Sam Bankman-Fried on Monday. SBF faces extradition to the United States, where several charges – money laundering, wire fraud, and securities fraud – have been filed against him.

Tesla and Twitter CEO Elon Musk has lost his position as the richest man in the world. The businessman is no longer the world’s wealthiest man after a decline in Tesla shares.

The Dow Jones Industrial Average jumped Monday to close around 500 points higher ahead of crucial fiscal metrics. The leading index gained ground on some of the steep losses suffered last week as investors await a critical Federal Reserve meeting.

Goldman Sachs has suggested that Gold will outperform Bitcoin long term owing to its drivers. The bank noted on Monday that the precious metal provides a better way to diversify one’s portfolio than the crypto asset.

On Tuesday, TRON founder Justin Sun deposited $100 million into Binance and provided an Etherscan link to validate the transaction. Sun’s action comes after Binance’s outflow hit $1.8 billion.

Coinspeaker Advent Calendar: TWT Coin Forecasts 2023 Open / Comment

2022-12-12 19:43:48 US DOJ prosecutors divided on money laundering case against Binance. The DOJ investigation showed that CZ had kept the financial records of Binance from the public.

FTX’s founder Sam Bankman-Fried, who has recently been at the receiving end of massive scrutiny from crypto participants, has stated his plans to start a new business to earn sufficient capital to pay back victims of the FTX downfall.

Sales and transactions of major NFTs hit a surge yesterday, December 11th, even though Ether price remained largely unaffected. This recent rally in NFTs comes amid dwindling prices of digital assets due to the ongoing crypto winter.

Elon Musk‘s recently acquired social media platform Twitter has decided to relaunch its blue tick verification services today, December 12. As a result, Twitter will offer verified status to its users at $8 a month or $11 a month on their iPhones.

Rivian has suspended its plans with Mercedes-Benz to manufacture electric vans in Europe. According to reports, the American EV maker will instead focus on its line of consumer and commercial vehicles.

Coinspeaker Advent Calendar: Mask Coin Predictions 2023 Open / Comment

2022-12-11 13:55:31 Coinspeaker Advent Calendar: S&P 500 Expectations 2023 Open / Comment

2022-12-10 13:23:31 Coinspeaker Advent Calendar: Nasdaq Composite Forecast 2023 Open / Comment

2022-12-09 19:01:35 Bank of the Metaverse, ZELF, has announced its new anonymous Visa debit card that can be funded with cryptocurrency.

On Thursday, December 8, Ethereum developers announced that the network’s next hard fork “Shanghai” will have a target release time of March 2023.

Global retailer Amazon has launched a TikTok-like feature on its shopping app. The feature, called Inspire, is a short video and photo feed that displays content from influencers, brands ad customers.

Amber Group has reportedly terminated its $25 million sponsorship deal with Premier League football club Chelsea FC. With this downsizing, Amber Group hopes to adequately weather the crypto winter with a headcount of under 400.

The Federal Trade Commission is seeking to block Microsoft from acquiring video game company Activision Blizzard as planned. According to the FTC, the move is to avoid Microsoft violating US law of suppressing competitors.

Coinspeaker Advent Calendar: Dow Jones Predictions 2023 Open / Comment

2022-12-08 18:50:34 The S&P 500 sustained its fifth day of losses yesterday, December 7th, as traders pondered the likelihood of a recession. The S&P 500 declined 0.9% to 3,933.92, while the Nasdaq Composite also suffered marked losses.

American multinational financial technology company PayPal Holdings Inc is expanding its reach into the European Union with the launch of a crypto trading service in Luxembourg.

Binance US has officially extended its “zero fee” policy to Ethereum. According to the official announcement, the policy will take immediate effect, meaning that users may now trade four ETH spot market pairs without incurring any transaction fees.

On Wednesday, Elon Musk briefly ceded his position as the world’s richest person to LVMH CEO Bernard Arnault. According to Forbes, Musk temporarily lost the “world’s richest” title after a substantial drop in his Tesla value.

Coinspeaker Advent Calendar: Oil Price Trends 2023 Open / Comment

2022-12-07 19:32:58 Warner Music Group is collaborating with e-commerce platform builder LGND.io to create the first web 3.0 music platform LGND Music. The multi-year deal will see the trio combine their expertise to create a new user experience.

Tether has announced the launch of its offshore Chinese yuan-backed stablecoin on the Tron blockchain. The stablecoin, CNHT, was created in 2019 and was previously only available on the Ethereum blockchain as an ERC-20 token.

The top crypto stocks are buckling under the weight of bear pressure today as the trend left a somewhat opposite reaction on the price of digital currencies.

American ride-hailing giant Uber has inked a partnership with Motional, a Hyundai-Aptiv joint venture focused on commercializing self-driving technology, to launch a public autonomous ride-hailing service in Las Vegas.

Digital collectibles firm RTFKT has unveiled its web 3.0 sneakers. The web 3.0 company collaborated with its parent company Nike to launch a futuristic footwear line Cryptokicks.

Coinspeaker Advent Calendar: Silver Price Expectations 2023 Open / Comment

2022-12-06 19:24:11 The word ‘Metaverse’ came in second place as the Oxford Word of the Year. The Oxford University Press announced ‘Goblin mode’ as the Word for the year, while #Istandwith came in third place.

Top crypto exchange Crypto.com has teamed up with American multinational beverage corporation Coca-Cola to launch a collection of non-fungible tokens it calls the “Piece of Magic” NFTs.

Monday saw a rise in crypto prices, with the leading token Bitcoin up 0.3% to $17,087, while Ether climbed 0.5% to $1,266. However, the traditional markets slumped to coincide with this rise in crypto prices yesterday.

Ethereum co-founder Vitalik Buterin has shared some of the reasons why he believes that an exciting future lies ahead for the Ethereum ecosystem.

Microsoft has reportedly offered Sony a provisional 10-year deal regarding Call of Duty’s licensing rights on the PlayStation console. American tech giant is willing to make Activision’s Call of Duty available on PlayStation alongside Xbox.

Coinspeaker Advent Calendar: Gold Price Predictions 2023 Open / Comment