Author name: Peter

The Surge in Transaction Costs Over the past three weeks, the transaction costs for bitcoin (BTC) have experienced a sharp increase, reaching a peak of $15 per transfer just three days ago. Similarly, the cost to transfer ethereum (ETH) has also seen a significant jump. From October 22 to November 12, 2023, the average fee

JPMorgan analysts have cautioned that despite recent legal defeats by the Securities and Exchange Commission (SEC) against crypto firms, there is unlikely to be a significant easing of U.S. crypto regulations. The analysts highlighted the lack of regulation in the industry as a reason for continued regulatory tightening. JPMorgan Sees Continued Crypto Regulatory Tightening In

The Rationale Behind Moody's Decision The credit agency Moody's has recently revised the credit outlook of the United States from "stable" to "negative." This decision comes as a result of concerns over persistent large fiscal deficits and diminishing debt affordability. Moody's announcement follows a previous downgrade by Fitch, indicating ongoing apprehension among investors regarding federal

Introduction Standard Chartered's ventures arm, SC Ventures, has announced a partnership with Japanese conglomerate SBI Holdings to establish a digital asset joint venture in the United Arab Emirates (UAE). This joint venture aims to invest in various companies across the digital assets spectrum, including market infrastructure, risk and compliance tools, defi, tokenization, consumer payments, and