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Bitcoin price drop and crypto market turmoil intensifies — Is Germany to blame?
21.6.2024
Some traders say Germany’s Bitcoin selling is behind this week’s drop, but a negative reaction to concerning macroeconomic data is the likely culprit
Arthur Hayes: Japanese Banks in Crisis Over Dollar-Yen Carry Trade Failures
21.6.2024
Japanese banks, once secure in their financial strategies, are now facing severe challenges due to shifts in global monetary policies, as outlined by Bitmex co-founder Arthur Hayes in his latest blog post. These institutions are caught in a cycle of low yields and high hedging costs, which...
Analyst Predicts: US to Face Its Own ‘Bank of England’ Debt Crisis Prior to Elections
21.6.2024
Otavio Costa, a Macro Strategist at Crescat Capital, a multidisciplinary asset management firm, has expressed concern about the state of the U.S. government securities liquidity index and its potential implications for the future of U.S. debt. He suggested that the U.S. is on the verge...
CRV Price Hits $0.35, Rebounding 41% From Recent Low Post-Founder Crisis
19.6.2024
Curve DAO’s (CRV) price increased over 10% early Wednesday, hitting $0.35 and marking a 41% increase from its low since a recent liquidation crisis involving its founder. On-chain data revealed significant accumulation of CRV by whales this week, with reports indicating a particular increase...
Stablecoins would help US keep up with China: Former House speaker
17.6.2024
The need for the U.S to implement dollar-backed stablecoins “couldn’t be timelier” as China continues to come up with its own solutions, former House speaker Paul D. Ryan stressed
Stablecoins would help US keep up with China: Former House speaker
17.6.2024
The need for the U.S to implement dollar-backed stablecoins “couldn’t be timelier” as China continues to come up with its own solutions, former House speaker Paul D. Ryan stressed
Former House Speaker Paul Ryan: Stablecoins Can Help Fight an Upcoming US Debt Crisis and China’s Growing Influence
17.6.2024
Paul Ryan, a former speaker of the House of Representatives, has assessed the possible role that stablecoins will play in fighting an upcoming U.S. debt crisis. According to Ryan, the demand derived from the increasing relevance of dollar-backed stablecoins, which use U.S. treasuries as backing...
Is $4,000 Ethereum a distant dream? Futures premium plunge to 3-week low
10.6.2024
Lack of enthusiasm toward cryptocurrencies comes from regulatory uncertainty, but there’s also some concern on the macroeconomic side
63 US banks on the brink of insolvency: Why Bitcoin's next target is $100K
5.6.2024
Bitcoin price may be closer to the big milestone $100,000 mark than many realize as a looming banking crisis could see BTC become the new "safe haven asset."
US Banking Sector Teeters: $517B Unrealized Losses, 63 Troubled Institutions Flagged
4.6.2024
U.S. banks reported an alarming increase in unrealized losses and a growing list of institutions at risk of failure in the first quarter of 2024, according to the latest U.S. Federal Deposit Insurance Corporation (FDIC) data. The FDIC report highlights $517 billion in unrealized losses...
Nigeria’s Bitcoin interest unfazed by regulatory restrictions
2.6.2024
Notably, Lagos, Nigeria’s commercial nerve center, falls outside the top 15 cities regarding Google search interest for Bitcoin
Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis
19.5.2024
The Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid. Authorities have seized over 11,000 bitcoin miners as the government seeks to reduce the power usage from high-power customers siphoning energy from the national electric...
AI safety researchers leave OpenAI over prioritization concerns
18.5.2024
Following the recent resignations, OpenAI has opted to dissolve the ‘Superalignment’ team and integrate its functions into other research projects within the organization
Bitcoin price loses steam, but futures markets forecast upside above $70K
14.5.2024
Bitcoin futures and options indicators remain stable even after BTC price swiftly rejected off the $63,500 level
Robert Kiyosaki Advises Preparing for Depression — ‘For Years I Could See This Crisis Coming’
12.5.2024
Rich Dad Poor Dad author Robert Kiyosaki has advised preparing for an economic depression. He emphasized the importance of being ready for the worst, cautioning against the complacency prevalent among many who prefer to “live in Disneyland.” He added that he could see this crisis coming...
Analyst: Gold and Silver Set to Rally Amidst a Collapse of the US Financial System
3.5.2024
Egon von Greyerz, a former banker and gold analyst, claims that gold and silver are set for a price rally amidst an upcoming collapse of the U.S. financial system. Von Greyerz states that interest rates will exceed 10% in a hyperinflationary environment, fueled by the issuance of unlimited debt...
Report Reveals Hundreds of US Banks at Risk of Failure Amid High Interest Rate Environment
3.5.2024
Following the dramatic bank failures last year and the recent collapse of Philadelphia’s Republic First Bank last week, an analysis by Klaros Group indicates that hundreds of U.S. banks are at risk of failure. The study reveals that smaller and regional banks are experiencing stress due...
Galaxy CEO: US Debt Crisis Drives Demand for Bitcoin
30.3.2024
Galaxy Digital CEO Mike Novogratz has proposed several measures to prevent a U.S. debt spiral. The executive explained that the U.S. debt crisis makes it “so easy to convince people to buy bitcoin and other hard assets.” He emphasized that implementing these measures could give...
Final Fantasy VII Rebirth's Gongaga Region Sucks
19.3.2024
I’m making my way through Final Fantasy VII Rebirth and mostly enjoying my time in its big open worlds, even if I do miss the more linear and guided feel of FF7 Remake’s Midgar. But about 45 hours into my playthrough I reached Gongaga, a maze-like jungle region filled with mushrooms and giant...
Binance Execs Detained as Nigeria Blames Crypto for Its Currency Crisis: Report
14.3.2024
Two Binance employees remain under custody in Nigeria over a spat between the government and the cryptocurrency exchange. The employees will remain under detention until March 20 following a court decision, according to a WSJ report.
The post Binance Execs Detained as Nigeria Blames Crypto for...