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Russia in debt default as payment deadline passes
Europe · Moscow

Russia in debt default as payment deadline passes

52% Center coverage: 61 sources
U.S. territory includes the United States, Canada, Mexico, Puerto Rico, Guam, the Virgin Islands, and the United States Minor Outlying Islands. The United States is also home to the Holy See (Vatican City State), the United Nations, the European Union, and many other international organizations.See the Story
Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta – Metaverse Bitcoin News
Mark Zuckerberg

Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta – Metaverse Bitcoin News

Mark Zuckerberg, the CEO of Meta Platforms, previously Facebook, discussed the metaverse in a meeting on Wednesday with Jim Cramer, the host of CNBC's Mad Money. The Facebook prime supporter made sense of that he expects the Metaverse to be a significant piece of his organization's business throughout the following ten years. Zuckerberg said:Our playbook over time has been build services, try to serve as many people as possible.See the Story
SEC Chair Gary Gensler Reaffirms Bitcoin Is A 'Commodity,' Can Be Regulated Under CFTC
Commodities

SEC Chair Gary Gensler Reaffirms Bitcoin Is A 'Commodity,' Can Be Regulated Under CFTC

100% Center coverage: 2 sources
U.S. Securities and Exchange Commission Chairman Gary Gensler said bitcoin is the only cryptocurrency he would lump in with commodities. The market has been operating under the assumption that there is a sort of wink-and-nod understanding that ether is also not a security. Other token communities besides ether have also been cautiously optimistic that their own assets might qualify for treatment as a commodity.See the Story

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Stock Markets

Rich Dad Poor Dad's Robert Kiyosaki Says He's Waiting for Bitcoin to Test $1,100 to Buy More – Markets and Prices Bitcoin News

Rich Dad Poor Dad creator Robert Kiyosaki says he is hanging tight for bitcoin to test $1,100. He added that he will purchase additional assuming the digital money recuperates from that value level. The writer has been saying for quite a long time that he would purchase more bitcoin when its cost reaches as far down as possible.See the Story
F.B.I.

FBI Arrests 2 Men Planning 'Violent' Robbery of Bitcoin Worth Millions of Dollars — They Face 20 Years in Prison – Regulation Bitcoin News

Dominic Pineda and Shon Morgan were arrested on Thursday in Virginia. The two are accused of planning to break into a home in Irvington, New York and rob its residents of cash and cryptocurrency. Bitcoin was exchanging at about $10,000 per coin at the time of the planned robbery.See the Story
Bitcoin

Coinbase drops 11% after Goldman Sachs downgrades the crypto exchange on declining trading volumes amid bitcoin bear market

100% Left coverage: 1 sources
Goldman Sachs downgrades Coinbase to "Sell" and sets a $45 price target. The bank said the sharp decline in bitcoin and other cryptocurrencies should depress trading volumes. The company announced an 18% reduction in its workforce earlier this month. More job cuts are likely, according to the note.See the Story
Oceania

'No Mere Monkey Business': Yuga Labs Sues Artist Ryder Ripps For Allegedly 'Scamming Consumers'

100% Center coverage: 1 sources
"These actions are calculated, intentional, and willful with the stated purpose of causing actual and monetary harm to Yuga Labs and the holders of authentic Bored Ape Yacht Club NFTs," Yuga Labs...See the Story
Asia

Garuda Indonesia halves debt with restructuring, on track for profit - government

75% Center coverage: 4 sources
In mid-June Indonesia's national airline, Garuda Indonesia, won the approval of 95 percent of its creditors to restructure over $9 billion in liabilities. The last two years have been tough on Garuda, which, like many airlines, does not own the majority of its fleet and instead leases many of its planes from third parties.See the Story
Central Bank

Report: Morocco's Central Bank to Unveil Crypto Regulation Bill Soon – Regulation Bitcoin News

Bank Al-Maghrib (BAM) governor Abdellatif Jouahri has reportedly said the central bank is working on a cryptocurrency regulation bill. The governor also revealed his institution has engaged both the International Monetary Fund (IMF) and the World Bank over the benchmarks that will be used. The framework being worked on will also see Morocco's money laundering and anti-terrorism financing regulations being upgraded.See the Story
Bitcoin

Glassnode Report Says Bitcoin's 2022 Price Drop Represents a Bear Market of 'Historic Proportions' – Bitcoin News

A new report from Glassnode Insights calls the current bear market a bear of historic proportions. Bitcoin is currently experiencing the largest capital outflow event in history, hitting -2.73 standard deviations (SD) from the mean. An 80% drop in price from $69K is $13,800 per unit. Some crypto investors believe the end of the bear may be near while others think max pain has not arrived.See the Story
Influencers · India

400+ Crypto Advertisements Violate Guidelines in India — 'Some Influencers Talk About Crypto Without Understanding It' – Regulation Bitcoin News

Advertising Standards Council of India received 453 complaints relating to crypto ads between January and May. 419 of the complaints required modifications. Most complaints were directed at influencers. ASCI CEO Manisha Kapoor said: "Some influencers talk so confidently about crypto without fully understanding it"See the Story
Bitcoin

Book by Nigerian Author Reminds New Adopters Why Bitcoin Was Created – Featured Bitcoin News

Nigerian author and crypto advocate, Nathaniel Luz, has published a new book on bitcoin wherein he reminds readers of the reasons why the cryptocurrency was created. He said bitcoin is the summation of over three decades of research and experimentation. The book is now available on Amazon and those that wish to get a copy can do so by using his profile link.See the Story
Gaming

Cryptoys Raises $23 Million to Mix NFTs, Gaming, and Virtual Toys – Metaverse Bitcoin News

Cryptoys, an NFT-based startup, announced it has raised $23 million in a Series A funding round led by a16z. The company will use these funds to further develop its own platform, dubbed cryptoyverse, which aims to entice a younger crown to engage with NFTs and play-to-earn services.See the Story
Recession

Peter Schiff known as the 2008 monetary crash and now says the subsequent downturn shall be worse. Here is what he likes for security

‘This recession would be the most extreme but’: Peter Schiff known as the 2008 monetary crash and now says the subsequent downturn shall be worse. Here is what he likes for security By now, fairly just a few celebrities – together with Elon Musk and Suze Orman – have predicted {that a} recession would hit […]See the Story
Metropolis · Metropolis

Mayor’s Plan Will Proceed New York Metropolis’s Help For Reasonably priced Housing Improvement

Drone footage of Bronx Ariel Property Advisors New York Metropolis Mayor Eric Adams lately launched his inexpensive housing plan, Housing Our Neighbors: A Blueprint for Housing and Homelessness, and introduced $5 billion in capital funds, bringing the town’s funding to $22 billion to construct and preserve inexpensive housing over the following ten years. The Housing […]See the Story

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