Fed’s ‘sugar high’ may propel Bitcoin surge — Arthur Hayes
Arthur Hayes connects Federal Reserve actions to a short-lived economic boost with ripple effects on Bitcoin and broader crypto markets, underscoring risks from Japanese yen carry trade unwinding.
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The E-Stablecoin would require several scientific advancements that are already in the works, and would allegedly make it possible to transmit electricity almost for free. 298 Total views 3 Total shares Researchers at the federally-funded Lawrence Livermore National Laboratory in California have combined statistical mechanics and information theory to design a stablecoin they call Electricity…
Traders Eyeing Next Key Support Zone if Bitcoin Price Goes Below $9K
Bitcoin’s price (BTC) action has been relatively uneventful, especially when compared against the explosive price action of last week when the digital asset stomped through the $9K barrier and rallied all the way $9,530 for a strong monthly close. Bitcoin daily price chart. Source: Coin360This week all of the attention seems to be oriented towards Tesla,…
What Would the Re-Election of Alexander Lukashenko Mean for Crypto?
A contested election between president Alexander Lukashenko and Svetlana Tikhanovskaya leaves the future of crypto in Belarus in limbo. Protests have erupted in Belarus following the country’s presidential election on Sunday, but the possible continued presidency of Alexander Lukashenko may be good news for crypto.Lukashenko reportedly won re-election against opposition candidate Svetlana Tikhanovskaya in a…
‘Crypto Mom’ Nominated to Serve as SEC Commissioner Until 2025
Hester Peirce, affectionately known as ‘Crypto Mom’, looks set to serve in the US Securities and Exchange Commission until 2025. 1368 Total views 49 Total shares President Trump has nominated Hester Peirce to be a member of the U.S. Securities and Exchange Commission (SEC) for a second term ending in 2025. Pierce has been affectionately…
Crypto’s correlation with mainstream finance could bring more bleeding soon
There’s no denying the fact that the crypto market has been faced with an obscene amount of bearish pressure over the last eight odd months. Despite this, September has been especially turbulent for the industry, with the price of Bitcoin (BTC) dropping below the all-important $20,000 psychological threshold before forging a comeback. While these dips have…
Worldcoin spreads across Europe with Austria digital ID launch
Worldcoin expands its digital ID verification technology to Austria, offering residents in Vienna access to the World ID system with multiple locations throughout the city.
Crypto analyst doubts Bitcoin dominance is 'going back up' to 70% again
Crypto analyst Benjamin Cowen expects Bitcoin dominance to make its "final move" to 60% either in September or, at the latest, by December 2024.