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Zimbabwe’s Gold-Backed Currency Sees Gains, but US Dollar Remains Dominant


Zimbabwe’s gold-backed currency, the ZIG, has seen a significant increase in usage since its introduction in April. While the U.S. dollar remains the dominant currency for most citizens, the ZIG is used for 40% of payments and 80% of government transactions. The government aims to eventually...

Tyler Winklevoss Warns Operation Chokepoint 2.0 Remains in Full Swing


Tyler Winklevoss, co-founder of U.S.-based exchange Gemini and VC firm Winklevoss Capital, has alerted about the ongoing status of Operation Chokepoint 2.0, a plan directed to difficult banking access to crypto companies. Winklevoss’ remarks come after the Federal Reserve found Customers...

German Government Dumps Over 2300 Bitcoin; Price Remains Steady


The German government has once again made headlines with another series of Bitcoin sales. In the past 3 hours, authorities have transferred 2,375 BTC, valued at approximately $137.87 million, to various exchanges and addresses. Breaking Down the Latest Transactions This recent move follows...

Study: Gen Z Prefers Digital Assets in Uncertain Times; Gold Remains Popular


While investors generally prefer physical assets to digital ones, the findings of a new study indicate an overwhelming majority of Gen Zers are “more likely than other generations” to trust digital assets in uncertain times. The survey also found that 89% of gold investors consider it...

Stablecoin Market Remains Steady in June Amidst Crypto Volatility


While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply increasing by 21.4% since May. Stablecoin Economy Shows...

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