State-Owned Swiss Bank Postfinance to Offer Clients Direct Access to Crypto Market

State-Owned Swiss Bank Postfinance to Offer Clients Direct Access to Crypto Market

Post Views: 100 Swiss post office’s banking unit, the state-owned Postfinance, is reportedly preparing to enter the crypto market. “Our clients want direct access to this market through their house bank.” The Swiss parliament established Postfinance’s predecessor in 1906 to provide payment services to retail customers. Postfinance operated as a division of Swiss Post until…

Adshares Establishes Premium Partnership With Sandbox

Adshares Establishes Premium Partnership With Sandbox

Post Views: 108 The official partnership will bring the two projects closer, in order to jointly devise a clear and transparent path for the development of Adshares in the Sandbox space. Already, at this early stage of development, Sandbox is attracting the attention of the world’s largest corporations by building its brand in the metaverse…

Finder’s Bitcoin Prediction Report Expects BTC to Bottom at $13,676 and End the Year at $25,473

Finder’s Bitcoin Prediction Report Expects BTC to Bottom at $13,676 and End the Year at $25,473

Post Views: 110 According to the latest crypto prediction report published by the product comparison platform finder.com, 77% of 53 fintech specialists polled in the report say cryptocurrency markets are officially in a “crypto winter.” The poll further explains that only 29% of the report’s participants believe the bear market will end in 2022. While…

Biggest Movers: QNT Close to 2-Month High Despite Recent Declines, NEAR Moves Toward 1-Year Low

Biggest Movers: QNT Close to 2-Month High Despite Recent Declines, NEAR Moves Toward 1-Year Low

Post Views: 96 QNT was trading close to recent highs on Wednesday, as prices were battling through a turbulent session. The token was mainly in the green on hump day, falling by as much 7% on the day. NEAR also declined, with prices heading toward a one-year low. QNT remained close to a two-month high…

NFT Sales Jump 10% Higher Than Last Week, Cryptopunk #4,464 Sells for $2.6 Million

NFT Sales Jump 10% Higher Than Last Week, Cryptopunk #4,464 Sells for $2.6 Million

Post Views: 124 While digital currency markets have dropped in value during the last two months, weekly non-fungible token (NFT) sales have slid lower as well. Seven-day statistics show that NFT sales managed to rise more than 10% higher than the week prior. One particular NFT sale, Cryptopunk #4,464, helped push this week’s sales volume…

Euro Reaches Parity Against the US Dollar, While the USD Index Taps a 20-Year High

Euro Reaches Parity Against the US Dollar, While the USD Index Taps a 20-Year High

Post Views: 86 Eight days ago, the euro tapped a record low against the U.S. dollar as it hit $1.028 per unit against the USD last Tuesday. This week, the official currency for 19 of the European Union’s member states reached parity against the U.S. dollar for the first time in 20 years. Even though…

EU Regulator Warns About Crypto — Questions Whether Many Will Survive

EU Regulator Warns About Crypto — Questions Whether Many Will Survive

Post Views: 83 European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question” about whether many crypto assets will survive. Emphasizing that there was no prospect of a European bailout for out-of-pocket crypto investors, she…

US Inflation Remains Scorching Hot, Jumping to 9.1% in June — White House Says CPI Data Is Already ‘Out-of-Date’

US Inflation Remains Scorching Hot, Jumping to 9.1% in June — White House Says CPI Data Is Already ‘Out-of-Date’

Post Views: 74 According to the latest Bureau of Labor Statistics Consumer Price Index (CPI) report, U.S. inflation remains scorching hot as it has risen at the fastest yearly rate since 1981. June’s CPI data reflected a 9.1% year-over-year increase, even though a number of bureaucrats and economists thought May’s CPI data would be the…