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New Web3 wallet rolls out decentralized crypto inheritance
2.9.2024
DeTrust Wallet will enable the creation of complex inheritance plans, including the creation of designated spending funds
Bitcoin Technical Analysis: BTC Fails to Break Key Resistance Levels
2.9.2024
On September 2, 2024, at 7:30 a.m. EDT, bitcoin’s price stood at $58,388, fluctuating within an intraday range of $57,257 to $58,698. With a trading volume of $29.57 billion and a market capitalization of $1.15 trillion, the leading crypto asset demonstrated significant volatility. Technical...
Bitcoin miners sell their shares worth $154 million
2.9.2024
Bitcoin miners reportedly sold tokens worth over $154 million. It is believed that portfolios shed almost 2,655 BTC.…
Key Week for Bitcoin and the Dollar Index
2.9.2024
This week's slew of U.S. economic data will determine whether the dollar continues to weaken, offering a tailwind to BTC and other risk assets
Bilateral Settlement Between China and Russia Worsens Due to New Sanctions
2.9.2024
The payment flow between China and Russia is being disrupted once again due to the enactment of a new package of sanctions that includes 46 Chinese companies allegedly assisting the Russian war effort. This has affected imports of dual-use products, which can be used for both military and civilian...
Crypto products hit with $305M outflow amid strong US economic data
2.9.2024
CoinShares expects that crypto investment products will become “increasingly sensitive” to interest rate expectations in September
A classic 'Rektember?' 5 Things to know in Bitcoin this week
2.9.2024
BTC price performance starts September off in the standard way — but not every Bitcoin market take is bearish on what comes next
Japanese Bitcoin investor Metaplanet works with Ripple’s partner SBI
2.9.2024
SBI Group’s fully-owned crypto exchange, SBI VC Trade, will assist Metaplanet in its Bitcoin strategy by providing various support in trading, storage and operation
Bitcoin Drops Toward $57.5K, Extends Weekly Loss to 10% at Start of Seasonally Bearish September
2.9.2024
Memecoin DOGE led losses among major tokens with a 5% slide in the past 24 hours ahead of the Labor Day holiday in the U.S
OKX Brings Update to Ease Bitcoin Arbitrage
2.9.2024
The new offering allows traders of varied experience levels to maximized returns through market-neutral bets
India’s HDFC Bank Launches New UPI and CBDC Features
2.9.2024
HDFC Bank, a leading private sector bank in India, has introduced new features for Unified Payments Interface (UPI) and central bank digital currency (CBDC) to enhance digital banking for its customers. Announced at the Global Fintech Fest 2024 in Mumbai, India, these innovations, developed...
Central banks buying gold at record levels, but Bitcoin still outperforms
2.9.2024
Central banks bought a record 483 tonnes of gold in the first half of 2024, driving the asset to an all-time high.
Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes
2.9.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded the country, some bitcoin mining companies have stopped operating in Paraguay after...
SEC says it could challenge FTX crypto repayment plan
2.9.2024
The regulator said that while stablecoin-denominated creditor repayments may not be illegal, it “reserves its rights” to challenge transactions involving crypto assets
Why Socialism Fails: A Misesian Perspective
2.9.2024
Socialism, despite its promises of equality and social welfare, inherently fails due to its inability to perform economic calculation and its reliance on coercive control over the means of production. Ludwig von Mises, in his seminal work “Socialism: An Economic and Sociological...
Bitcoin miners see worst revenues in 11 months as difficulty climbs
2.9.2024
August was the lowest revenue month for Bitcoin miners so far in 2024 and the worst revenue month since September last year
Whales hoarding Bitcoin: Wallets with 100 or more hit 17-month high
2.9.2024
Bitcoin whales have been increasingly active lately, gobbling up more crypto as smaller traders feel the pressure and sell their holdings.
Plastic Surgery Fails to Help Crypto Scammer Evade Arrest After 10 Months
2.9.2024
South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June 2022, he promised an 18% monthly return on investments in a fake cryptocurrency mining business. The scam resulted...
Government Overspending Puts US in the ‘Fast Lane to Bankruptcy,’ According to Elon Musk
2.9.2024
In recent times, Elon Musk, the owner of X and the CEO and product architect at Tesla, Inc., has been voicing his concerns about inflation. This discussion became especially prominent after he interviewed former U.S. President Donald Trump. Just two days ago, Musk took to X, declaring that...
Russian Economy Sees Growth Despite Western Sanctions and Declining Imports
2.9.2024
The Russian economy has experienced substantial growth across various sectors, with unemployment rates remaining historically low, despite ongoing Western sanctions related to the Ukraine conflict. Industrial production, driven by military manufacturing, saw a 3.3% increase in July, and the...