Finance - BE UPDATED

BTC Bull Market Is Far From Over, Historical Trends Tied to 200-Week Average Suggest

By admin February 14, 2025FinanceNo Comments

Historical trends tied to a key indicator suggest that bitcoin (BTC) has plenty of upside left as renewed inflation in the U.S. threatens to challenge the current uptrend.The 200-week simple…

PPI data for January disappoints

By admin February 14, 2025FinanceNo Comments

Inflation at the wholesale level came in faster than forecast last month in another disappointment to investors and policymakers hoping for cooling price pressures.The Producer Price Index (PPI) rose 0.4%…

NEAR Sinks 3.1% as Index Trades Lower From Wednesday

By admin February 14, 2025FinanceNo Comments

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3191.13, down 1.0% (-32.82) since…

NFT Marketplace OpenSea Confirms Upcoming SEA Token Airdrop, Expands to Crypto Trading

By admin February 14, 2025FinanceNo Comments

Popular non-fungible token (NFT) marketplace OpenSea said Thursday that it is expanding its platform to crypto trading and confirmed it is planning to distribute SEA tokens to users.The trading platform…

Tether May Have to Sell Down Reserves to Comply With U.S. Stablecoin Rules: JPMorgan

By admin February 14, 2025FinanceNo Comments

USDT issuer Tether could face challenges if proposed U.S. stablecoin regulation is passed, and the company may have to sell some of its reserves to comply with the new rules,…

South Korea Regulator FSC to Start Lifting Ban on Corporations Trading Crypto

By admin February 13, 2025FinanceNo Comments

South Korea's Financial Services Commission (SFC) plans on lifting a ban that prevented institutions trading crypto in response to the upsurge in global participation in the market, it said on…

Crypto Project Plasma Raises $20M to Develop Bitcoin-Based Network for Stablecoins

By admin February 13, 2025FinanceNo Comments

Plasma, a crypto startup building a Bitcoin-based blockchain designed specifically for stablecoins, raised $20 million to further its development, the company said on Thursday.The fundraising round was led by Framework…

Tax time – What You Need To Know About Crypto Taxes

By admin February 13, 2025FinanceNo Comments

In today’s issue, we get ready for tax time as Anthony Tuths from KPMG provides an overview of crypto tax preparation and the rules to follow.Then, Layne Nadeau from NVAL…

How Hong Kong Can Seize the Mantle as Asia’s Crypto Hub

By admin February 13, 2025FinanceNo Comments

Which market offers the most favorable environment for virtual assets? This distinction remains highly contested, with various financial centers competing to become leading hubs for digital assets, aiming to attract…

How a Sitting President Became Crypto’s Most Sought-After Investor

By admin February 13, 2025FinanceNo Comments

Crypto isn't all that different from politics. According to Rushi Manche, the founder of blockchain company Movement, "Crypto is an attention game."It's fitting, then, that Donald Trump — the master…