Bitcoin inverse relationship with dollar weakening
The US dollar is the global reserve currency, meaning it is a key influence on all risk assets Bitcoin has seen its negative correlation with the dollar pick up since…
A temperature check on crypto as market eyes end of rate hiking cycle
Key Takeaways The Federal Reserve increased interest rates 0.25% Wednesday, but the market is anticipating the hiking cycle is coming to a close Optimism is flowing in crypto markets, which…
CoinsPaid Resumes Operations After $37 Million Hack, But Who Did It?
Cryptocurrency processing platform CoinsPaid has resumed operations after suffering a significant hack last week. The event, which occurred on July 22, forced the platform to put a hold on its…
Lacoste Unveils Exclusive Ethereum-Based Virtual Store For NFT Holders
Fashion brand Lacoste has unveiled an exclusive Ethereum-based virtual store for NFT holders as the brand aims to give its NFT holders an immersive experience for the summer. The virtual…
Evil Pepe Coin Raises Over $1 Million With Just 6 Days of Presale Left
Evil Pepe Coin is a hot new entrant in the meme coin space that has already raised over $1 million within ten days of its official launch. This surge in investor…
What is Fiat Money? How does it work?, History, Pros & Cons
Fiat money is tender not backed by a tangible asset or commodity like gold. It’s usually mandated by governments & leads to corrosive effects on society.
Coinbase CEO Brian Armstrong Calls for Voting in Favor of FIT21
Coinbase CEO Brian Armstrong is pushing American citizens to contact their representatives to vote in favor of FIT21.
Bitcoin Price Analysis: Is a Crash to $27K Imminent for BTC? Key Factors to Watch in the Coming Days
Bitcoin’s price is yet to recover above the $30K level after falling below a few days ago. However, the price is currently being supported at around $29,000. Technical Analysis By:…
US Authorities Drop Charges Against SBF Involving Campaign Finance Funds
In the latest court filing, the United States Department of Justice (DoJ) announced its decision to withdraw the campaign finance charge against Sam “SBF” Bankman-Fried, the founder and former CEO…
Prosecutors Want Sam Bankman-Fried Jailed Ahead of Trial
U.S. prosecutors have asked a federal judge to put crypto exchange FTX founder Sam Bankman-Fried in jail over alleged witness tampering before his trial starts in October. While requiring the…