Search
Hyperinflation and Rent Controls – 2020’s Telltale Signs of Economic Distress Haunts Many Nations
24.11.2020
If history serves us well, 2020 is likely a precursor to a long and dreadful economic depression throughout a myriad of countries worldwide. During the last year, economists and analysts have been discussing how specifically the United States economy and the U.S. dollar are losing global dominance...
US dollar squeeze and $19K BTC: 5 Things to watch in Bitcoin this week
23.11.2020
USD weakness combines with a Bitcoin supply and demand conundrum as BTC/USD takes aim at $19,000
USDT Towers Over 30 Stablecoins- Tether’s Market Cap Grew by 2 Million Percent in Just Four Years
22.11.2020
During the last two years since the initial bear market after the 2017 bull run, stablecoins have been extremely popular. Today, statistics show that the market capitalization of all the notable stablecoins today is hovering above the $23.9 billion mark. Out of more than 30 stablecoins in 2020...
Bitcoin Price Crosses $18k, Approaching Its All-Time High of $20K
20.11.2020
Apex cryptocurrency Bitcoin crossed the $18,000 price point on Thursday and is inching closer to its all-time high price point of $20,000 that it touched way back in December 2017. The steep rise in BTC prices has invited mixed reviews, though almost everyone is bullish for the long run. Tyler...
Dogecoin Price Follows Bitcoin Sentiment but Trades Below $0.0030
20.11.2020
After having traded amongst the top 30 cryptos of the market, Dogecoin has currently shifted to 45th position in the global crypto market. Although, Dogecoin trades below YTD high at $0.00296 after a clear rejection in the higher price range but a consolidation below $0.0030 on the daily chart....
Morgan Creek CEO Says Bitcoin Doing ‘Extremely Well’ Due to Fed Reserve’s Dollar Devaluation
20.11.2020
CEO Mark Yusko said "zombie companies" left the Fed no choice but to devalue the dollar, prompting investors to turn to bitcoin and gold
Deutsche Bank: Investors Increasingly Choose Bitcoin Over Gold to Hedge Dollar Risk, Inflation
20.11.2020
Deutsche Bank’s strategist Jim Reid reportedly wrote that investors are increasingly demanding to use bitcoin instead of gold to hedge dollar risk and inflation. His research concurs with one recently published by JPMorgan’s analysts that shows institutional investors moving from gold...
Coinflex Launches Noncustodial Interest-Bearing Stablecoin on BCH and ETH Networks
19.11.2020
The cryptocurrency exchange Coinflex has announced the launch of a unique interest-bearing stablecoin called Flexusd. The new stablecoin is considered to be the first dollar-backed crypto that pays interest at the base level. Moreover, the new token is built on the Ethereum blockchain and...
Origin Defi Protocol Suffers Massive Flash Loan Attack- OUSD Stablecoin Value Plunges 85%
18.11.2020
The OUSD stablecoin issuer, Origin Protocol is the latest Defi protocol to fall victim to a flash loan attack. The attack, which occurred in the early hours of Tuesday, on November 17, resulted in the disappearance of tokens worth millions of dollars. Confirming the attack, one of...
Bitcoin Evangelist Andreas Antonopoulos Plans to Testify in Billion-Dollar Bitcoin Lawsuit
18.11.2020
On Monday evening November 16, the popular bitcoin evangelist Andreas Antonopoulos tweeted about his upcoming role in the high-profile billion-dollar bitcoin lawsuit, Kleiman v. Wright. Antonopoulos said that he will be “testifying at trial” during the month of April 2021, even though...
Western Union Suspends US Dollar Transfers to Cuba
17.11.2020
The move follows the latest sanction from the Trump administration
4th Major DeFi Hack In A Month: Origin Dollar Loses USD 7m
17.11.2020
"A superior stablecoin for the Ethereum network," Origin Dollar (OUSD), has been hacked, becoming at least the fourth decentralized finance (DeFi) project, attacked less than in a month.
"There has been a loss of funds of around USD 7m, including over USD 1m of funds deposited...
Scaramucci’s Billion-Dollar Mega Hedge Fund Skybridge ‘May Hold Positions’ in Bitcoin
17.11.2020
In a filing registered with the U.S. Securities and Exchange Commission (SEC), the giant global investment firm Skybridge Capital explained that the fund Skybridge G II may invest in digital currencies like bitcoin. On November 13, the New York-based company with $7.7 billion assets under...
Yield-generating stablecoin project Origin Dollar exploited for $7M
17.11.2020
Origin Protocol has announced its yield-generating stablecoin protocol, OUSD, has been hacked and drained of at least $7 million
Cheese Bank's multi-million dollar hack explained by security firm
16.11.2020
Nefarious parties are using flashloans in conjunction with stablecoins to steal DeFi funds from platforms
Why Bitcoin Thrives (and Why It Won’t Replace the Dollar)
16.11.2020
A world in which bitcoin becomes the global reserve currency is a world many of us would not want to live in
Stocks boom, dollar gloom: 5 Things to watch in Bitcoin this week
16.11.2020
Bitcoin is holding above $16,000 amid mixed feelings about the chances of all-time highs appearing this bull run
Dollar Decline and the Paralysis of Conventional Monetary Policy
15.11.2020
A reading of Kenneth Rogoff’s latest piece on the strange reality of the dollar’s global status
Inflation games: Bitcoin competes with fiat on value but lacks volume
14.11.2020
Amid global economic contraction, Bitcoin appears to be gaining momentum against struggling fiat currencies
Hedge Fund Manager Brian Kelly Says Increasing Institutional Interest in Bitcoin Down to its Fixed Supply
14.11.2020
Hedge fund manager Brian Kelly says the surging number of institutional investors owning bitcoin is down to the digital currency’s core value proposition- a fixed coin supply. On the other hand, the same institutional investor interest is helping to build confidence in the top cryptocurrency...