Report: 42.9% of Turks View Gold as Best Form of Investment, Only 1.9% Would Invest in Crypto

Post Views: 91 A new study has found that nearly 43% of Turkish individuals surveyed consider gold to be the best form of investment, while just 1.9% said they would invest in cryptocurrencies. Real estate is the next most-preferred after gold, with 27.4% of the respondents saying they would invest. A recent study by Areda…

Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3

Post Views: 74 The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even…

Former Nintendo President States Gaming Companies Are Marching to the Metaverse

Post Views: 141 Former Nintendo of America President, Reggie Fils-Aimé, believes that the gaming industry is steadily going to integrate metaverse elements into its games. Fils-Aimé thinks that established gaming companies, like Nintendo, are better suited to be leading the race for the metaverse than other companies due to their experience in building interactive and…

Binance Obtains Regulatory Approval to Offer Crypto Products in Italy

Post Views: 93 Crypto exchange Binance has received regulatory approval from Italy’s financial regulator to operate as a cryptocurrency service provider in the country. “Clear and effective regulation is essential for mainstream adoption of cryptocurrencies,” said Binance CEO Changpeng Zhao. Binance announced Friday that Binance Italy “has received regulatory approval” through registration as a…

Nigerian Presidential Hopeful Says He Supports Digital Currencies but Wants the Industry Regulated

Post Views: 74 Nigerian presidential hopeful, Bukola Saraki, recently said he supports the digital currency industry which he claimed has created opportunities for the country’s youth. However, he insisted that there is a need for the enactment of laws that guide players in this space. I also think it has helped especially the young generation…

‘Big Short’ Investor Michael Burry Warns of Looming Consumer Recession, More Earnings Trouble

Post Views: 96 Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more earnings trouble. He cited falling U.S. personal savings and record-setting revolving credit card debt despite trillions of dollars in stimulus money. Famous investor and founder of investment firm Scion Asset…

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