Category: Business

The cryptocurrency market witnessed a decline in sentiment last week with Bitcoin dipping below $110,000 after a prolonged period. While the decline last week was due to macroeconomic developments, numerous altcoin events and economic developments in the new week may affect the cryptocurrency market. Here is the cryptocurrency calendar we have prepared for you as

Bitcoin’s latest rally is spilling over into the luxury holiday market. The Financial Times (FT) reported earlier today that private jet firms, cruise lines and boutique hotels are increasingly accepting crypto payments. Flexjet-owned FXAIR, for instance, now takes tokens for transatlantic trips costing about $80,000, while cruise operator Virgin Voyages sells annual passes worth $120,000.

Venture capital (VC) firms have become much more selective with the crypto projects they invest in, representing a shift from the previous cycle due to market maturation, according to Eva Oberholzer, the chief investment officer at VC firm Ajna Capital. “It’s harder because we have reached a different stage in crypto, similar to every cycle

One of the biggest stories emerging from the Far East this month is the imminent launch of a blockchain-based version of the Japanese yen, one of the world’s major fiat currencies. The timing for this development couldn’t be better, as the Bank of Japan (BOJ) is widely expected to raise interest rates soon, a move

Japan Post Bank, one of Japan’s largest banks, plans to offer depositors a digital currency in fiscal 2026 that can be used for fast trading of blockchain-based financial products. The bank wants to make its 190 trillion yen (about $1.29 trillion) in deposits more effective and revive long-dormant accounts. The digital currency in question will

Crypto Gains Traction in Retirement Planning Cryptocurrency is no longer viewed as just a speculative trade. Across the globe, more people are now considering digital assets as part of their retirement strategy. Surveys show that a significant portion of adults are open to allocating part of their pension savings to cryptocurrencies, while others are even

According to CME’s FedWatch Tool data, the probability of the Fed cutting interest rates in September has reached 86.4%. In contrast, the probability of interest rates remaining at current levels was calculated as 13.6%. The federal funds rate target range currently stands at 4.25% to 4.50%. Data suggests that a 25 basis point cut would

Canary Capital’s CEO Steven McClurg has made a bold statement regarding XRP, declaring it as the second most famous crypto on Wall Street. This came as he made a case for why the XRP ETFs could record significant demand once they launch.

New data posted today by market analyst CryptoRank highlighted top crypto projects that raised significant amounts of funds over this week. In the final week of August, seven Web3 projects cumulatively raised $191.5 million across various crypto funding rounds, indicating stability similar to earlier weeks of the month. Top 7 Funding Rounds of This Week@raincards

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