Bitcoin’s Trump trade dented by rising yields and strong US dollar

Palestinian Prime Minister Mohammad Shtayyeh reiterated that his government is considering using cryptocurrency as an alternative to the Israeli shekel fiat currency, English-language local media Al-Monitor reports on July 22.Shtayyeh said at the opening of the Palestine Center for Computer Emergency Response in Ramallah on July 9 that he’ll consider every possibility to enhance the…

With less than three days left until the halving, Bitcoin is currently outperforming every mainstream asset class for 2020 so far. Data published by market research firm Fundstrat shows that Bitcoin (BTC) is the top-performing asset class of 2020 so far.The data, posted to Twitter by Fundstrat’s Thomas Lee, shows Bitcoin to have outperformed every…

The official X account for Metallica appears to have been hacked, with exploiters posting about a Solana token dubbed METAL.

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Blockchain gaming guilds are the continuation of an ancient tradition. Guilds have existed since the beginning of capitalism in the fourteenth century. The most popular European artisan guilds were seven major guilds of Florence known as Arti Maggiori, which helped refine and improve crafts and trades from medicine to banking and weaving. Can blockchain gaming…

A former campaign adviser to United States President Donald Trump is planning to release a stablecoin based on a fractional reserve.As Fortune reported on Oct. 21, Stephen Moore announced plans to launch a stablecoin dubbed Frax, which will be backed by a fractional reserve of U.S. dollars.As such, the planned stablecoin will not be pegged…

Bitcoin (BTC) futures trading on the Intercontinental Exchange Bakkt platform is seeing a considerable rise in average daily volume so far this month compared to September and most of October.Volumes yesterday, Nov. 5, hit close to their all-time-high — with 1061 traded contracts worth $10 million, a 96% increase over the previous day.According to tracking…

Scammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot Grimace.