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Jeffrey Tucker Says Dollar Will Be Dethroned, Russian Official Speaks on De-Dollarization, and a Look at Historic Fractional Reserve Banking in Italy — Week in Review
23.4.2023
Bitcoin proponents eyeing fiat failures are in no shortage of news on the topic as of late, as multiple officials, economists, authors, and analysts from around the world have been weighing in on “de-dollarization” in a prolific fashion. Author and libertarian Jeffrey Tucker said...
Bitcoin Could Quickly Rebound Back Above $30K as BTC Price Follows This Historic Trading Pattern
20.4.2023
Bitcoin could be in for a quick rebound back above the $30,000 level in the coming days if it follows in the footsteps of a historic trading pattern that looks to be unfolding.
According to an article released by Bloomberg, after Bitcoin has jumped by at least 3% one day only to then give back...
El Salvador Issues Historic First Digital Asset License to Bitfinex Crypto Exchange – Here's What You Need to Know
12.4.2023
With the aim to further boost the crypto-friendly nation’s exposure to cryptocurrencies, El Salvador has handed its first digital asset license to Bitfinex. The latest move by the country’s regulator National Digital Asset Commission (NDAC) makes the exchange the first international digital asset...
European Parliament Passes Historic Anti-Money Laundering Rules for Crypto Industry – More Regulation Incoming?
29.3.2023
The European Parliament on Tuesday approved new rules that aims to prevent crypto from being used for money laundering purposes.
The most important part of the new legislation for crypto users is new a €1,000 ($1,080) cap on anonymous crypto transactions, meaning transactions that are made between...
Curve Finance trading volume reaches $7B historic high after USDC depeg
11.3.2023
The USD Coin depeg led the DeFi protocol to experience a record-breaking daily trading volume as crypto whales fight for assets
Ordinal Inscriptions Take the NFT World by Storm: Over 50,000 Added to the Bitcoin Blockchain in 2023
11.2.2023
As of Friday, Feb. 10, 2023, the Bitcoin blockchain had seen the addition of more than 50,000 Ordinal inscriptions as the trend has continued to increase daily. People are inscribing text, images, videos, audio, and software applications onto the blockchain, with some inscriptions fetching high...
Optimism Plans to Enhance L2 Scaling Network With ‘Bedrock’ Upgrade in March
2.2.2023
The Ethereum scaling network Optimism, which operates as a layer two (L2) network, announced plans to upgrade its network in March. The upgrade, named “Bedrock,” aims to increase transfer speed, lower fees, and enhance compatibility with the Ethereum Virtual Machine (EVM). The Optimism...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates as FOMC Indicates Further Rate Hikes to Come
5.1.2023
Bitcoin consolidated marginally below $17,000, as market volatility remained high following the recent Federal Open Market Committee (FOMC) minutes. In December’s meeting, the U.S Federal Reserve agreed to maintain hiking rates, with inflation still near historic highs. Ethereum also...
Argentine Peso Breaks Historic Low Mark as Argentines Hedge Savings in Dollars
29.12.2022
The U.S dollar-Argentine peso exchange rate escalated during December, with the Argentine fiat currency reaching new historic lows as citizens ran to exchange their holiday payments for dollars. The U.S. dollar reached a value of 356 pesos on December 28, losing almost 10% during just one week,...
Considering FTX’s bankruptcy, crypto wallet SafePal sees historic sign-ups
23.11.2022
Following FTX’s bankruptcy, SafePal, a distributed pocket firm supported by Binance that offers equipment, and add-on wallets, had claimed record levels of new customers. From November 11, the site has witnessed a 10x spike in traffic, and over the same time, SafePal’s web3 electronic...
Exchange outflows hit historic highs as Bitcoin investors self-custody
14.11.2022
Confidence in centralized exchanges appears to be waning as Bitcoin flows into self-custody wallets at near-record levels
Bitcoin Price Outlook for November — FTX Crisis Fuels Bearish Momentum
10.11.2022
It’s fair to say that the first ten days of November have been nothing short of historic in cryptocurrency markets. The turmoil surrounding FTX, and its all-but-confirmed collapse, seems to have eclipsed both Luna and Celsius, who also capitulated earlier this year. The impact of this...
US Announces ‘Historic $3.36 Billion Cryptocurrency Seizure’ as Silk Road Bitcoin Thief Pleads Guilty
8.11.2022
The man who stole over 50,000 bitcoins from the Silk Road marketplace has pleaded guilty. According to the U.S. Department of Justice, “the seizure was then the largest cryptocurrency seizure” in the history of the DOJ and “remains the department’s second-largest...
Grease Monkey Sports & Nissan form a historic partnership
27.10.2022
Grease Monkey games, which happens to be an affiliate of Animoca brands, is a multi-program video game studio. However, the company is based out of Australia. At the moment, Grease Monkey games take immense pride and pleasure in announcing their mutually beneficial tie-up. However, they have duly...
UK’s Royal Mint Reveals Record Profits Amid Significant Demand for Physical Gold and Silver
14.10.2022
While the price of gold has dropped in value from the asset’s all-time high on March 8, the U.K.’s oldest precious metals (PMs) company, the Royal Mint, saw record profits over the last 12 months. In fact, the Royal Mint’s annual earnings show the firm has seen the highest profits in 12 years, with...
Stadia’s Exhibit Of Historic Gaming Blunders Is Now On eBay
30.9.2022
Outside of the 2019 Game Developers Conference, before anyone had ever heard the phrase “Google Stadia,” sat a small display outlining the history of gaming. Dates and bullet points marked some of the major events, and on three pedestals sat a few of the industry’s most notorious flops: Atari’s...
Bitcoin, Ethereum Technical Analysis: ETH Hits 3-Week Low as Bearish Momentum Increases Following The Merge
16.9.2022
Ethereum moved to a three-week low on Friday, as market sentiment remained bearish following the completion of The Merge. The world’s second largest cryptocurrency dropped below $1,500 today, less than 24 hours after the historic migration from proof-of-work (PoW), to a proof-of-stake (PoS)...
Breaking: Historic day for crypto as Ethereum Merge to proof-of-stake occurs
15.9.2022
The Ethereum proof-of-stake consensus mechanism will cut energy consumption by a massive 99.95% compared to the proof-of-work system
Renault Inks Partnership With The Sandbox to Bring Automotive Experiences to the Metaverse
6.9.2022
The Korean subsidiary of Renault, a historic brand in the automotive industry, is establishing a partnership with The Sandbox, an Ethereum-based metaverse platform, to enter the metaverse space. With this partnership, Renault Korea’s objective is to establish its brand presence in...
Argentinian Tax Authority Wins Landmark Case to Confiscate Funds From a Digital Account
4.9.2022
The Argentinian Tax Authority (AFIP) has won a historic case to seize taxpayer funds from a digital account. The case, which was won in an appeal in the Federal Chamber of Mar del Plata, might bring about more seizures of this kind and include cryptocurrencies as part of a stricter policy of...