Governments must tax or ban Bitcoin to maintain deficits: Minneapolis Fed

Bitcoin (BTC) consolidated gains on Oct. 27 as the highest levels in six weeks gave way to sideways action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin impresses with stability on GDP printData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $20,500 on Bitstamp after reaching local highs of $21,012 the day prior.The largest cryptocurrency treaded…

Yearn Finance (YFI) price has been in a serious rut during the past 2 weeks and many in the crypto community blame the sharp correction on Sam Bankman-Fried (SBF), the CEO of Alameda Research and FTX. In the past month, DeFi giant Yearn.finance’s native token YFI dropped 62.7% from $43,970 to $16,360.As Cointelegraph has reported, the…

Crypto insurance underwriter Evertas will increase coverage limits to $420 million per policy while adding additional mining coverage. 268 Total views 2 Total shares Evertas, an insurance company focused on digital assets, recently announced an increase in coverage limits and the addition of mining operations to its coverage portfolio.The insurer’s per-policy coverage limits on custodial…

Stellar chief operating officer Jason Chlipala said the foundation would bring the unique perspective of Layer 1 to the committee and highlight stablecoin use cases. 557 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Stellar Development Foundation (SDF) has become the newest member of the United States…

Shiba Inu’s marketing head has shared plans for a DAO that will allow SHIB holders to have a say in the future direction of the memecoin project. 

Old news suddenly gets picked up on social media, sparking an instant crypto price crash. 3905 Total views 31 Total shares Bitcoin (BTC) suddenly lost $2,000 in an hour on Sept. 24 as what appeared to be old news over a Chinese regulatory ban hit social media.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin vs. China:…

Judge Hong Jin-Pyo reportedly said there was little risk of Shin Hyun-seong or other Terra associates destroying evidence related to the case against the platform. Own this piece of crypto history Collect this article as NFTA judge with the Seoul Southern District Court has reportedly set aside arrest warrants for Terra co-founder Shin Hyun-seong along…

The recent Tether burn seems to have involved a lot of trust between Binance and its counterparties. On August 20, a Tether swap worth $1 billion happened — it involved Binance, Bitfinex, and a major fire dumpster on TRON (TRX) blockchain.  Tether flows. Source: Flipside Crypto.From time to time, the news of Tether burning some…

The DAML smart contract language is getting more popular. 1445 Total views 3 Total shares BNP Paribas' securities arm has partnered with Digital Asset to develop a number of real-time trade and settlement applications using DAML-based smart contracts, the firm announced on Sept. 15.The new DAML-driven apps will connect BNP Paribas Securities Services with major global…