Bitcoin gives back gains as 'hawkish' Fed costs bulls a trip to $70K

USD Coin (USDC), the world’s second-largest stablecoin, may simply have been in the wrong place at the wrong time. The place was Silicon Valley Bank (SVB), a commercial bank with $209 billion in assets, where USDC issuer Circle had deposited $3.3 billion of its cash reserves for safekeeping. The time was the present: one of rapidly…

Bitcoin (BTC) has been sustaining above the $25,000 level for the past few days, increasing the likelihood that the bear market may have ended. Generally, in the initial stages of a new bull phase, several analysts remain in a state of disbelief and expect the resumption of the downtrend.Another group of traders continue to wait…

United States-based investment banking company Bank of America (BofA) has filed a patent for a digital currency wallet with multiple layers of asset access. The proposed wallet would accept different passwords for different amounts of funds requested. The United States Patent and Trademark Office published BofA’s application on Aug. 15. Per the filing, this technology would…

Wormhole was one of 17 projects to receive a Worldcoin Wave 1 Community Grant.

The government of Argentina has agreed to co-invest in blockchain projects that are backed by Binance Labs and Latin American crypto exchange LatamEx, a press release shared with Cointelegraph on Wednesday, March 6, reveals.Binance Labs, the investment and social impact arm of top cryptocurrency exchange Binance, has recently chosen Argentina’s capital, Buenos Aires, as the…

Microsoft and Google’s Q2 earnings reports highlight significant revenue and profit increases driven by their investments and advancements in AI technologies.

The DeFi industry has been gaining momentum since 2020, offering a new perspective on the world of finance and a new way for investors to make money. In its essence, DeFi, also known as Decentralized Finance, is an ecosystem of applications and services built on public blockchains.Yield farming and staking are gaining momentum on the DeFi…

Former BitMEX CEO Arthur Hayes believes it will cause significant volatility in Bitcoin as well, suggesting it won't likely reach a new all-time high this year. 1499 Total views 23 Total shares Former Bitmex CEO Arthur Hayes is expecting to see significant Bitcoin volatility in the latter half of the year, caused by a “powder…

Hamster Kombat has 200 million players clicking their screens. But the game raises intriguing questions about play-to-earn gaming, growth hacking and universal basic income.