Fed forgets long-term dollar devaluation when pricing eggs in BTC
7.6.2022
The U.S. Federal Reserve has released a blog post showing the instability of Bitcoin against the U.S. dollar when buying eggs, however, the crypto community was quick to point out the reality of the situation
Longer-term Bitcoin holder losses hit two year lows
7.6.2022
Bitcoin’s long-term holders are beginning to suffer losses matching those from previous bear markets, and Glassnode believes the pain may continue, and even get worse
Bitcoin and Ethereum Reverse Gains, Altcoins Turn Red
7.6.2022
Bitcoin price tried to increase its gains above the USD 31,500 level but struggled to continue higher towards the USD 31,800 level. There was a sharp bearish move and the price is currently (04:07 UTC) trading near USD 29,500. BTC is down almost 6% in a day and 7% in a week.
Similarly, most...
Citigroup CEO: Europe More Likely to Head Into Recession Than US
7.6.2022
Citigroup CEO Jane Fraser warns that a recession is more likely in Europe than in the U.S. Nonetheless, she stressed that it is not easy for the U.S. to avoid a recession. Citigroup’s CEO on Global Recession Citigroup CEO Jane Fraser warned about the health of the global economy Friday...
Solana developers tackle bugs hoping to prevent further outages
7.6.2022
Solana developers have tackled the “durable nonce transaction” bug that knocked the network offline for the fifth time this year earlier this month as network activity slows
Two more spot crypto ETFs launch on Australian markets
7.6.2022
Both of the new Australian exchange-traded funds by 3iQ Digital Asset Management will feed from its existing Bitcoin and Ethereum ETFs listed on the Toronto Stock Exchange
Indonesia-licensed crypto asset platform Pintu raises $113M in Series B
7.6.2022
The latest $113 million fund injection will be redirected to scale the platform’s existing offerings, such as introducing new features and added support for blockchains
Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful
7.6.2022
The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to preserve the rights of American investors to choose how to invest money in their own retirement accounts.” U.S. Labor Department Sued Over Crypto Guidance...
Indonesian Exchange Pintu Raises $113M to Meet Country's Crypto Boom
7.6.2022
The exchange last raised $35 million in a Series A extension last August
Half of Asia's affluent investors have crypto in their portfolio: Report
7.6.2022
This figure is expected to further balloon to 73% by the end of 2022, according to research from Accenture
Even Giants Started Out Small: Cooperation and the Early Days of Bitcoin
7.6.2022
What the new Baylor Bitcoin Study Really Says (And What it Really Doesn’t) About Satoshi and Co
The Decentralized Mystique
7.6.2022
New academic research on Bitcoin’s early years undermines its foundational myths of privacy through pseudonymity and decentralization, Jaron Lanier and Glen Weyl write