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Bitcoin
Banks Not Getting Anticipated Benefits From Rate Hikes, ECB Executive Admits
Eurozone banks are profitable but the benefits from higher interest rates may be smaller than expected, according to the deputy head of the single currency area’s monetary authority. The official noted that while most of the tightening has…
Bitpay Ceases Prepaid Mastercard Program, Promises Enhanced Card Service in the Future
Cryptocurrency proponents in the United States are facing increasing challenges when it comes to utilizing digital assets for expenditures. Several crypto companies have encountered difficulties in securing banking partners. This week,…
NFT Marketplace DIBA Goes Live on ‘Really Good for Bitcoin’ Smart Contracts
DIBA also released a Bitcoin-only wallet in partnership with mining company Hut 8 Mining.
Russia and Iran Phasing Out US Dollar in Bilateral Trade Settlements
The governments of Russia and Iran are starting to phase out the usage of the U.S. dollar to conduct bilateral trade settlements. Russian Deputy Prime Minister Alexander Novak stated that 80% of Russia-Iran trade transactions are settled…
First Mover Asia: Traders Long on Bitcoin Despite Debt Ceiling Challenges, Dark U.S. Regulatory…
PLUS: Meme coins don't respect the intellectual property rights of others. And that's a problem.
Rate Hikes Affecting Housing Markets in Eurozone, United States, ECB Study Shows
Interest rate hikes in the euro area are already causing a decline in housing investment, the zone’s central bank revealed in a study. While smaller than in the United States, the impact of the monetary policy tightening on the Old…
Litecoin Network Surges With Activity as Ordinal Inscriptions Drive Transaction Volume
Based on recent data, the Litecoin (LTC) network has seen a considerable surge in activity due to an increase in Ordinal inscription minting happening on its blockchain. The cryptocurrency’s value has risen by more than 13% in the…
Bitcoin Drops Below $27K as Investors Continue to Weigh Debt Ceiling Talks, Regulatory Actions
BTC reversed its morning gains, declining below $26,500 before recently rebounding.
FTX Executives Sue Co-Founders Amidst Failed FTX Stocks Project
Court documents filed on May 17, 2023, reveal that current executives overseeing FTX and its subsidiary, Alameda Research, have initiated a lawsuit against Sam Bankman-Fried, the former CEO of FTX, Nishad Singh, FTX’s former director…
Should We Worry About Tether’s Bitcoin-Buying Plan?
Squint and you can see resemblances to Do Kwon’s bitcoin buying during Terra/luna’s high days.