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Bitcoin
China’s ‘Credit Impulse’ Is Picking Up. Here’s Why It Matters to Bitcoin
Previous instances of renewed upticks in China's credit impulse portended major bullish trends in bitcoin.
AI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets
A Layer two (L2) project, called Cryptogpt, which leverages ZK-rollup technology and artificial intelligence (AI), has announced that its team has raised $10 million in capital from a Series A funding round. The crypto and AI firm disclosed…
Seasonal Tokens: Summer’s Price Rises After the Halving as Expected
PRESS RELEASE. The Seasonal Tokens economy has gone through its second change of season. Like bitcoin, the four tokens – Spring, Summer, Autumn and Winter – go through regular halvings of the supply from mining. Every nine…
Explaining ‘Bank Walks’ — Study Assesses How They Might Affect Credit
Bank walks are a new liquidity movement phenomenon identified by analysts, characterized by a slow drift of deposits to take advantage of better yield opportunities. Such “walks” might prove to be pernicious to the banking…
Bitcoin, Not Ether, Builds Crypto Market Dominance Ahead of Ethereum’s Shanghai Upgrade
Bitcoin's dominance rate, or share of the total crypto market, has risen to its highest in almost two years while ether's stagnates.
TemDAO World Heritage Project Helps the Cultural Sector through Democracy-Fueled Donations
PRESS RELEASE. Tokyo, Japan, April 11th 2023, Chainwire. TemDAO is a world heritage project that seeks to protect and preserve cultural assets through donations and democracy. The project, powered by the $TEM token, ensures the long-term…
Strategist Expects US Recession by Year-End, Fed Tightening to Drag Down Economy
Investment bank MPS Capital Services has warned that the U.S. economy will be in a recession by year-end. The firm’s strategist predicts that the Federal Reserve will raise interest rates by an additional 25 basis points, warning that…
Bitcoin Shorts Take on 87% of Futures Liquidations as BTC Crosses $30K
Over $145 million in shorts against bitcoin prices were liquidated since early Asian morning hours on Tuesday.
First Mover Asia: Arthur Hayes Sees a ‘Balkanization of Finance’ Coming Soon as Crypto…
ALSO: Sam Reynolds writes that former BitMex CEO Arthur Hayes foresees the balkanization of finance and bitcoin rallying because the current global banking system "is bankrupt." Bitcoin is on the rise.
Committee Advises SEC to ‘Aggressively Assert Authority’ Over Crypto — Says Virtually All Crypto…
The U.S. Securities and Exchange Commission’s Investor Advisory Committee has advised the SEC to “aggressively” assert authority over crypto assets that are securities. The advisory committee believes that “virtually…