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Argentine Peso Reaches Record Lows After National Digital Currency Push
5.10.2023
The Argentine peso reached record lows Wednesday after the economy minister and presidential candidate Sergio Massa proposed issuing a national digital currency. The informal blue exchange rate rose to 850 pesos per dollar, later retracing to 843 pesos per greenback. Massa stated he would send...
Bitcoin Price Prediction: Marathon's Record, Kraken Deposits, Uzbekistan Regulations
5.10.2023
Bitcoin continues to trade at $27,698 with a nearly 1% increase. Marathon Digital Holdings boosted its Bitcoin production by 16% monthly and Kraken experienced its highest Bitcoin deposit activity in half a decade due to surging prices and growing ETF confidence.
Uzbekistan has implemented strict...
Crypto Products Record $21 Million Inflows, Solana Leads Altcoin Resurgence
3.10.2023
Digital asset products recorded inflows of $21 million for the first time after six consecutive weeks of outflows.
An Oct. 2 market report released by CoinShares show a change in the tide in crypto investment products amid the bear market that continues to wear down asset prices, miner profits...
September 2023 Marks Record-High Crypto Exploits with $329 Million Stolen: Report
2.10.2023
On September 30, CertiK confirmed that a total of approximately $332 million had been lost to various exploits, hacks, and scams throughout September....
Read More: September 2023 Marks Record-High Crypto Exploits with $329 Million Stolen: Report
New US bill to require firms to report off-chain transactions to CFTC
29.9.2023
The new legislation aims to protect crypto investors from disputes, manipulation or fraud potentially stemming from transactions occuring off-chain
U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions
28.9.2023
It would be hard for a big exchange to repeat an FTX collapse if the firm’s internal flow of crypto assets was also reported to an outside repository that U.S. regulators could see. That’s the idea behind new legislation from Rep. Don Beyer (D-Va.) that would force exchanges to share the movement...
Bitcoin's Implied Volatility Gauge Tops Ether for Record 20 Straight Days
27.9.2023
The spread between dominant crypto options exchange Deribit's forward-looking 30-day implied volatility index for ether (ETH DVOL) and bitcoin (BTC DVOL) has been consistently negative since Sept. 7
Bitwise Draws Close to Spot Bitcoin Fund Approval With Latest Academic Record
26.9.2023
NYSE Arca Exchange has submitted an updated application to list the Bitwise Bitcoin exchange-traded fund (ETF) Trust.
This revised application includes a detailed academic analysis to address the significant concerns raised by the Securities Exchange Commission (SEC) regarding spot bitcoin...
Digital Asset Products Record Outflows In Sixth Consecutive Week, Europe Overtakes US in Bullish Stance: CoinShares Report
25.9.2023
Cryptocurrency investment products recorded outflows for the sixth consecutive week with market leaders Bitcoin (BTC) and Ethereum (ETH) leading the pack.
A new CoinShares market report shows total outflows from digital asset products totaling $9 million with BTC accounting for $6 million in...
Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms
21.9.2023
BTC slid to $26,500 as interest rates and the U.S. dollar surged while equities declined
Record $307 Trillion Global Debt Puts World Economy on Alert
21.9.2023
In the first half of 2023, global debt increased by $10 trillion, reigniting concerns about its impact on the world economy and the potential for a financial crisis, according to data released by the Institute of International Finance (IIF) on Tuesday.
The report disclosed that the overall debt...
Global Debt Spikes to Record $307 Trillion Driven by US, Developed Nations
21.9.2023
The world’s debt has surged to a record high level in the second quarter, according to the Institute of International Finance (IIF). The increase has also helped lift the global debt-to-GDP ratio which had been declining for seven quarters but is now projected to reach 337% by the end of this year....
Bitcoin Shatters Records With Over 703,000 Transactions Confirmed in a Single Day as Ordinal Inscriptions Soar
19.9.2023
The count of Bitcoin ordinal inscriptions is on an upward trajectory, with the tally now eclipsing a staggering 33 million. Additionally, a milestone was achieved on September 15, 2023, when the Bitcoin blockchain set a new record by registering an astonishing 440,760 inscriptions in a single...
Bitcoin Mining Hits Toughest Era: Record Difficulty and Hashrate Peaks Define September 2023
19.9.2023
Bitcoin’s mining difficulty hit a record high after increasing 5.48% to 57.12 trillion. This rise signifies the need for a significant amount of computational power to discover blocks. Meanwhile, the network’s hashrate also reached a record high this past week. Bitcoin Difficulty Jumps...
Nordic Fintech Week on track for record attendance
18.9.2023
The greatest fintech event in the Nordics—Nordic Fintech Week—will once again bring together leading fintech representatives in a two-day conference happening on September 27 and 28, 2023 in Copenhagen. The event aims to showcase the best Nordic fintech innovation, reshaping regional and global...
Bitcoin Spark sees record levels of Ethereum swapped to BTCS
18.9.2023
Bitcoin Spark (BTCS) is undoubtedly gaining significant traction in the crypto market as it sees record levels of Ethereum (ETH) being swapped for BTCS. What is Ethereum? Ethereum is a decentralized blockchain platform that was introduced in 2015 by a team of developers led by Vitalik Buterin....
Crypto trading volume reach lowest point in August, While Bitcoin Spark’s ICO reports record numbers
17.9.2023
August witnessed a slump in the cryptocurrency landscape as trading volume dipped to its lowest point since 2019. The scenario depicts a subdued market as exchanges and money makers record consistent drops in trading volume. This prolonged decline in trading volumes raises concerns about...
North Korean Hackers Use Russian-Based Exchanges to Launder Stolen Crypto, Report
17.9.2023
Hacking groups linked to North Korea are increasingly using exchanges in Russia to launder crypto, Chainalysis revealed. The shift in their strategy, registered by the blockchain forensics firm, coincides with a drop in the value of the stolen cryptocurrency this year in comparison with...
Coinbase’s Base Blockchain Hits Record High for Daily Transactions, Eclipsing Rivals
15.9.2023
FriendTech, which is only available on Base, is driving a significant portion of the activity, according to IntoTheBlock
Crypto Firm Riot Defends Texas Power Strategy After Headlines Claim State ‘Paid’ Miner
10.9.2023
Bitcoin mining company Riot Platforms is defending its participation in Texas’ electricity market programs after recent headlines claimed the state ‘paid’ the miner over $30 million to reduce power in August. Riot Platforms Sets the Record Straight In a statement released Friday, the Nasdaq-listed...