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Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product
3.8.2022
On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages...
Banking Platform Galoy Raises $4M for Bitcoin-Backed Synthetic Dollar
3.8.2022
Stablesats lets people use Lightning for everyday payments without exposure to short-term volatility
SOL Token Holds Price Support After Million-Dollar Hack Brings Bad Optics for Solana
3.8.2022
Early Wednesday, an unknown attacker drained at least $5 million worth of SOL and other tokens from Solana digital wallets
Solana Wallets Targeted in Latest Multimillion Dollar Hack
3.8.2022
Non-custodial Solana wallet Phantom appears to be the latest victim of an exploit, with users reporting that their funds have been drained unknowingly
Bitcoin Trades Cautiously Even as Real Yield, Dollar Support Bullish Stance
1.8.2022
The U.S. 10-year real yield has dropped 46 basis points in two weeks, offering bullish cues to risk assets, including bitcoin
Best monthly gains since October 2021 — 5 things to know in Bitcoin this week
1.8.2022
July closed with Bitcoin up almost 17%, but now, analysts are turning to how long the bullish trend can last
Aave DAO Approves the Launch of a Collateral-Backed Stablecoin Called GHO
1.8.2022
On Sunday, the non-custodial market protocol Aave announced that the Aave DAO has approved a new stablecoin for the ecosystem called “GHO.” Aave Companies proposed the stablecoin during the first week of July and the collateral-backed stablecoin will be pegged to the U.S....
While the Bear Market’s Claws Drag ETH Prices Down, Ethereum Network Fees Remain Low
31.7.2022
While ethereum prices jumped 61% higher during the last 30 days, the crypto asset’s U.S. dollar value is still down more than 60% lower than ether’s all-time high recorded nine months ago. Amid the market downturn, the network’s average fees have been lower than $5...
Analysts: BRICS Currency Meant to Rival USD, Trump Warns of Depression as Kiyosaki Predicts Bond Crash, Waits to Buy Bitcoin — Bitcoin.com News Week in Review
31.7.2022
BRICS nations have revealed they’re “creating an international reserve currency” analysts believe is meant to challenge the U.S. dollar and the International Monetary Fund’s Special Drawing Rights (SDR) currency. Further, Donald Trump warns of a depression in the U.S....
Renowned Investor Jim Rogers Warns ‘the Worst’ Bear Market in His Lifetime Is Incoming
31.7.2022
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has warned that more bear markets are coming and the next one will be “the worst” in his lifetime. Noting that many stocks will go down 90%, he stressed that investors will lose a...
Nigerian Currency Plunges to New All Time Low — Central Bank Blames Speculators
30.7.2022
The Nigerian central bank has accused currency speculators of being behind the local currency’s recent plunge to a new all-time low of N710 against the greenback. The leader of a Nigerian association of bureau de change operators insisted crypto trading may be to blame for the naira’s...
BNB, Solana Lead Gains in Majors; Traders Point to Dollar Strength for Further Upside
29.7.2022
Further market recovery would be contingent on the strength of the dollar and the wider macro environment, one trader said
Bitcoin holds $24K as US dollar taps 3-week lows on Eurozone inflation report
29.7.2022
Estimates for July inflation across the euro area make for grim reading at 8.9%, with the U.S. dollar rebounding
Critic of Bitcoin’s ‘one-percenters’ still positive about future of digital assets
28.7.2022
A financial professor is skeptical about Bitcoin's design but is still very much involved in crypto research and is bullish about the future of digital assets
Two-Thirds of Public Commenters Oppose US Adopting Digital Dollar: Cato
27.7.2022
With more than 2,000 people responding to the Federal Reserve’s invitation to weigh in on whether it should start a digital dollar, a Cato Institute examination has interpreted two-thirds of their comments as raising objections to the idea
Police: A Half-Million Dollar Pokémon Card Collection Heist Was Just Called In
27.7.2022
We’re an odd species, what with our predilection for scarcity, even if that scarce item is a piece of cardboard with a cartoon drawn on it. So it is that 62-year-old South Carolina resident Christopher Polydorou is alleged to have had his home broken into, and his $500,000 Pokémon card collection...
Tether Finds Stable Dollar Peg After Terra's Collapse
26.7.2022
While tether has passed the market's stress test with a return to normalcy, concerns about its reserves will linger, one trader said
What is dollar-cost averaging (DCA) and how does it work?
25.7.2022
To lessen the impact of volatility on the overall purchase, investors use the dollar-cost averaging (DCA) investment technique to spread out the total amount to be invested among multiple purchases of a target asset
First Mover Americas: BTC and ETH Outperform Traditional Markets in July Despite Dollar Strength
25.7.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for July 25, 2022
Argentinian Government Excludes Crypto Investors From Buying Dollars
24.7.2022
The Argentinian Central Bank has issued a new set of restrictions that are affecting citizens and companies that have purchased cryptocurrency to use it as a hedge against currency devaluation. The bank will only sell dollars at an official rate to individuals and companies that have not purchased...