The US Treasury is running out of cash — trouble ahead for Bitcoin?

The founder of Bridgewater Associates admits Bitcoin and cryptocurrencies could be a viable hedge against inflation. 2690 Total views 21 Total shares Ray Dalio, the famed founder of Bridgewater Associates, called Bitcoin (BTC) “one hell of an invention,” adding that he’s considering digital-asset investing for clients wishing to protect against currency debasement. In a note to…

Decentralized file- and web-hosting protocol InterPlanetary File System (IPFS) announced its largest upgrade so far.According to an announcement shared with Cointelegraph, the developers will release IPFS version 0.5. on April 28. IPFS 0.5 reportedly makes uploading new data 25 times faster, fetching content two to five times faster, while finding nodes that have it will be…

Factors such as market performance, management strategies, and broader economic conditions could influence the significant outflows from Grayscale’s ETHE.

Michael Burry, the investor who famously shorted the 2008 housing bubble, has dumped nearly all the stocks in his portfolio during Q2, suggesting there may be carnage ahead for stock and crypto markets. According to a 13F disclosure filed with the Securities and Exchange Commission (SEC) on Aug. 15, Burry’s hedge fund Scion Asset Management…

Pavel Durov, founder of the popular messaging app Telegram, has left France and relocated to Dubai following approval from a French court. On March 13, Durov reportedly received permission from the French court to depart the country, allowing him to travel to Dubai — a city known for its business-friendly environment and lack of extradition

On March 11, United States President Joe Biden issued an executive order in which he encouraged the Federal Reserve to continue research on a prospective U.S. central bank digital currency, or CBDC.The order emphasized that the market capitalization of digital assets had surpassed $3 trillion in November — with Bitcoin (BTC) representing more than half…

After a 42% rally over a three-week period, Ether (ETH) peaked at $3,580 on April 3 and since then, a 12% correction to $3,140 has taken place.Tech giants launching their own smart contract platforms and regulatory uncertainty might have impacted investors’ sentiment and derivatives metrics also show worsening conditions that confirm professional traders' shift toward…

Wednesday, Jan. 23 — most of the top 20 cryptocurrencies are seeing slight to substantial growth on the day to press time. Bitcoin (BTC) is hovering near $3,600 again, according to Coin360 data.Market visualization from Coin360At press time, Bitcoin is up just over 1 percent on the day, trading at around $3,603. Looking at its weekly…