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A Stablecoin Law May Not Happen This Year
7.9.2022
Hey folks. Monday was a federal holiday in the U.S. so we’re taking it easy today. Reporting from my colleague Jesse Hamilton suggests that stablecoin legislation we expected to see released this month may not be coming after all. Plus, a few other stories that caught my eye over the past week
Overlapping Bar Charts
7.9.2022
As the name suggests, overlapping charts visualize two different sets of data in a single diagram. The idea is that the overlapping bars allow us to compare data, say, year-over-year. They are also useful for things like tracking progress for …
Overlapping Bar Charts originally published...
El Salvador celebrates Bitcoin anniversary: A year of ups and downs
7.9.2022
El Salvador’s first Bitcoin anniversary comes amid BTC losing over 60% of value in one year, but that doesn't really mean that the country’s Bitcoin experiment has failed
Trezor and Wasabi to Implement a Coinjoin Mixing Scheme Into Hardware Wallets
7.9.2022
This week, the hardware wallet manufacturer Trezor, and the non-custodial bitcoin wallet with a built-in Coinjoin mixer, Wasabi, revealed the two teams are working together to introduce Coinjoin mixing into hardware wallets. On Sunday, Wasabi tweeted “hardware wallet Coinjoins are coming...
Bitcoin 'bear flag' breakdown targets $15K as US dollar hits 20-year high
6.9.2022
BTC is losing its safe haven status to the dollar, with mutual funds increasing their cash holdings by $208 billion in the first half of 2022
Cyberpunk 2077 Getting First Expansion Next Year, Keanu Reeves To Return
6.9.2022
Better late than never, Cyberpunk 2077 is getting its first major expansion, CD Projekt Red announced in a Twitch livestream today. It’s called Phantom Liberty, it’s out next year, and it will feature the return of Keanu Reeves’ Johnny Silverhand. It won’t, however, be available on PlayStation 4...
Petrousus Token, Flow, And TRON – The Three Cryptos To Watch Out For Next Year?
6.9.2022
There is another recent arrival, yet to officially enter the crypto market. The cryptocurrency that is patiently waiting for its launch is Petrousus Token. Petrous Token, the crypto that aims to assure simplicity in day-to-day use and accessibility to millions worldwide. What Makes Petrousus Token...
Yen Drops to 24-Year Low While Dollar Holds Steady Position
6.9.2022
The week started positively for the safe-haven dollar as it hit a 24-year high against the Japanese yen. The development emerged after the tightening of the US monetary policy. On the other hand, Japan maintained its low-interest rates, widening the gap even further. Top forex brokers across...
Indonesian Government to Launch Crypto Bourse This Year, Official Says
4.9.2022
The Indonesian government is set to launch a crypto bourse by the end of this year, a high-ranking government official reportedly revealed. “We will make sure that every requirement, procedure, and the necessary steps have been taken,” he emphasized. Crypto Bourse Coming Soon...
Deloitte: Nearly 50% of CFOs Surveyed Expect Recession to Hit US Economy This Year
4.9.2022
Financial services firm Deloitte has conducted a survey of chief financial officers (CFOs) and found that nearly 50% of respondents expect the U.S. economy to be in recession this year. Furthermore, 39% expect the North American economy to be in a period of stagflation by year-end. CFOs...
Bitcoin market dominance plumbs 4-year lows as BTC price ditches $20K
3.9.2022
Support slips from BTC bulls' grasp as "Septembear" delivers the first signs of classic downside
Sanctioned Russian Bank Tests In-app Operations With Digital Rubles
3.9.2022
A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed through its mobile app. The state-owned Promsvyazbank was one the institutions placed under Western sanctions earlier this year in connection with...
Crypto Lender Celsius Says $70M Cash Relief Will Bolster Efforts to Survive the Year
2.9.2022
The extra cash from loan repayments, previously believed to be in stablecoins, means a much needed boost for the cash-strapped lender
LG to Launch Crypto Wallet Wallypto Later This Year
2.9.2022
LG, the South Korean electronics giant, is currently developing a cryptocurrency wallet app that will be launched later this year. The wallet, called Wallypto, will be part of a new business phase for the company, which recently abandoned its mobile hardware business and pivoted to software...
62% of wallets did not sell Bitcoin for a year amid the bear market: Data
2.9.2022
Majority of traders have held Bitcoin for one year and above, 32% held for BTC one month up to a year and 6% have held for less than a month, data reveals
The total crypto market cap continues to crumble as the dollar index hits a 20 year high
1.9.2022
The total crypto market capitalization dropped by 6.9% in one week, while derivatives metrics reflect increasing demand for bearish bets
Ethereum Classic Hashrate Taps Another All-Time High, ETH Hashpower Remains Unchanged
1.9.2022
On August 31, 2022, Ethereum Classic’s hashrate reached another all-time high (ATH) this year at block height 15,850,811. Ethereum Classic’s global hashpower surpassed the 40 terahash per second (TH/s) region on Wednesday. Despite the fact that the network’s hashrate has risen...
US dollar smashes yet another 20-year high as Bitcoin price sags 2.7%
1.9.2022
There seems to be no stopping the greenback as risk assets, including Bitcoin, pay the price for renewed strength
Bitcoin’s Mining Difficulty Change Prints 2022’s Second Largest Increase — Metric Nears All-Time High
31.8.2022
On Wednesday, Bitcoin’s mining difficulty jumped 9.26% higher, recording the second highest difficulty rise in 2022. The latest rise is Bitcoin’s third difficulty increase since August 4, 2022, and it’s now 11.63% harder to find bitcoin block reward. Bitcoin Difficulty Jumps...
Bitcoin Miners' Profitability May Narrow as Mining Difficulty Hits Second-Biggest Increase This Year
31.8.2022
Bitcoin miners are stepping up production as the weather cools down, so the network automatically adjusted to increase the difficulty of mining a block