The United States, as an economic superpower, has amassed a staggering $31 trillion in debt held by government and intragovernmental holding entities. The debt has grown exponentially over the last two decades, and there has been much discussion in recent times about the government defaulting on its

Israeli Central Bank Considers Issuing CBDC in Response to Rise of Stablecoin Adoptionhttps://www.fameex.com/en-US/news/crypto-trending-news-2023041803The Bank of Israel is preparing for a potential CBDC launch by developing an action plan. However, no final decision has been made. The move follows

The Bank of Israel Steering Committee on the Potential Issuance of a Digital Shekel provided possible scenarios for the development and deployment of a CBDC, a digital shekel called “SHAKED.” In its report released on April 17, the committee presented various scenarios that could lead to the issuanc

On April 17, the tech mogul announced it in a Fox interview.Source: www.mlyearning.orgElon Musk reportedly revealed to Fox News host Tucker Carlson on April 17 that he is creating a ChatGPT competitor called "TruthGPT," a large language model (LLM) that Musk claims would be taught to investigate the

State-Backed Banks in China Enlist Crypto Firms in Hong Konghttps://www.fameex.com/en-US/news/crypto-trending-news-2023041801Chinese state-owned banks are reportedly opening bank accounts for regulated crypto companies in Hong Kong, while acting as a payment layer for the crypto platforms. Despite C

The SEC's recent decision to include decentralized finance (DeFi) in its proposal for a new exchange definition has caused uncertainty for the crypto industry. For a long time, the industry has been pleading for specific rules or guidance from the SEC that would give digital asset businesses certain

Several Chinese state-owned banks have shown interest in partnering with crypto firms in Hong Kong, in response to the city’s push to become a crypto hub. Despite the ban on crypto activities in mainland China, the Hong Kong arm of the major state-owned Bank of Communications is reportedly in talks

In the midst of macroeconomic instability, Cathie Wood believes that Bitcoin and Ether are acting as risk-free investments and as a safe haven for investors.Source: www.seudinheiro.comAccording to ARK Invest CEO Cathie Wood, recent instability in the financial industry has demonstrated that Bitcoin

Largest Virtual Bank in Hong Kong Now Provides Cryptocurrency Conversion Serviceshttps://www.fameex.com/en-US/news/crypto-trending-news-2023041703Hong Kong-based virtual lender, ZA Bank, plans to enter the digital assets sector by providing crypto-to-fiat conversions and account services. The move c

1. Market TrendBetween April 12 and April 16, the price fluctuated between $29,637 and $31,000, with a volatility of 4.4%. According to the 1-hour candle chart, the BTC price has been running above the weekly line, crossing the daily chart multiple times, which indicates a strong price trend. During