Financial News

Trending & Latest Financial News

May 6 2023 05:00

Pump the BRCs: The Promise and Peril of Bitcoin-backed Tokens

A new way of issuing tokens on Bitcoin is growing fast. So why did their creator warn that they “will be worthless”?

May 6 2023 05:00

Alibaba Says ‘Open Sesame’ to Web3

The Chinese tech giant is releasing a metaverse launchpad. Plus, Sports Illustrated announces an NFT ticketing platform.

May 6 2023 00:00

PacWest Bank plummets 50%! How will Bitcoin react?

Cointelegraph analyst and writer Marcel Pechman explains how PacWest’s plummeting share price and the continued banking crisis could impact Bitcoin.

May 5 2023 14:00

Memecoin hype drives Bitcoin transaction fees to multi-year highs

Despite the latest spike in Bitcoin transaction fees, the current BTC transaction cost is still far from all-time high levels.

May 5 2023 14:00

What is profit and loss (PnL) and how to calculate it

PnL refers to the financial gain or loss from buying and selling cryptocurrencies. To calculate it, use various method like the FIFO, LIFO, YTD, and more!

May 5 2023 10:00

Zimbabwe Central Bank Wants Citizens to Subscribe to its Gold-Backed Digital Currency

The Reserve Bank of Zimbabwe has said the tokens will be issued by May 8.

May 5 2023 10:00

Pepe Coin Shorters Lose Millions as PEPE Jumps to $900M Valuation

The market capitalization for the tokens jumped to nearly $900 million as the frenzy seems neverending.

May 5 2023 10:00

Israel Has Seized 190 Binance Accounts With Alleged Terrorist Ties Since 2021: Reuters

Israeli authorities say the accounts on crypto exchange Binance belonged to individuals affiliated with Daesh and Hamas.

May 5 2023 10:00

3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg

Kenya's Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year.

May 5 2023 01:00

Top 5 cryptocurrencies to watch this month

ALBAWABA- If you handle it wisely, cryptocurrencies can be a beneficial component of your investment portfolio...

May 5 2023 00:00

Bitcoin Holds Near $29K as Investors Weigh Rate Increases, Banking Contagion

BTC traded flat after a slight dip early Thursday. Ether also traded in a narrow range.

May 5 2023 00:00

Wrapping Up Consensus 2023

Missed Consensus 2023? Catch up on some of the most important conversations here.