The investment clock is a macroeconomic analysis and broad asset allocation model proposed by Merrill Lynch in 2004. It adopts OECD output gap and CPI inflation data as the two main indicators to measure economic growth and price level.

Popular messenger Telegram now allows users to open accounts without the need to provide their mobile phone numbers. With the app’s latest update, they can log in using blockchain-based numbers instead, and they can be purchased with cryptocurrency on the Fragment platform.

Nigeria has taken an unconventional approach to encourage the use of its CBDC, the eNaira, by limiting ATM withdrawals to $45 per day.

Bitcoin was consolidating on Wednesday, as the U.S. dollar continued to strengthen versus several G7 currencies. A strong dollar means demand for cryptocurrencies typically plummets, with the global market cap trading in the red as of writing. Ethereum was also lower today, falling as it remained below $1,300.

Senator Elizabeth Warren is <a href="https://www.semafor.com/article/12/06/2022/warren-crypto-plan">working</a> on a sweeping cryptocurrency bill that would give most cryptocurrency regulatory authority to the Securities and Exchange Commission, according to sources close to her.

Signature Bank (SBNY) will shrink its deposits tied to cryptocurrencies by $8 billion to $10 billion, signaling a move away from the digital asset industry for the bank that until recently had been one of the most crypto-friendly companies on Wall Street.

The capital portfolio of the fallen quantitative cryptocurrency trading firm Alameda Capital was recently <a href="https://www.ft.com/content/aaa4a42c-efcc-4c60-9dc6-ba6cccb599e6">released</a> by Financial Times, revealing some interesting investments.

Gate.io, the cryptocurrency trading platform, has launched a $100 million industry liquidity support fund to help revive the crypto industry.

As the final month of 2022 gets underway, <a href="https://finbold.com/cryptocurrency/xrp/">XRP</a> is still among the top ten largest digital assets in the <a href="https://finbold.com/category/cryptocurrency-news/">crypto industry</a> by market capitalisation, despite the aftershocks caused by the collapse of what used to be one of the largest <a href="https://finbold.com/guide/best-cryptocurrency-trading-platforms/">crypto exchanges</a> in the world – <a href="https://finbold.com/review/ftx-review/">FTX</a>.

Demand for powerful computing devices designed to mint bitcoin has surged in Russia during the fourth quarter of the year, spurred by their low prices amid declining crypto markets, the Russian business daily Kommersant reported. The country’s cheap electricity rates and expectations for a higher supply of second-hand miners have played a role as well.