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Bitcoin eyes liquidity above $30K as gold hits new all-time high
4.5.2023
Bitcoin is back above $29,000 as the ongoing U.S. banking crisis sends spot gold higher than ever before
Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say
3.5.2023
Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the 2021 record. This year’s high numbers are coming after 2022 became the worst annual period in seven years for the sanctioned Russian banking sector in terms of financial outcome. Banks...
Bitcoin Hashrate Reaches All-Time High of 491 EH/s, Close to Half a Zettahash, as Network Preps for Next Difficulty Change
2.5.2023
While the next difficulty change for Bitcoin is just two days away, the network’s hashrate soared to unprecedented heights, reaching 491.15 exahash per second (EH/s) on May 02, 2023, at block height 787,895. This staggering amount of computational power came tantalizingly close to a half...
First Republic Bank Faces Potential Takeover by FDIC Amidst Financial Struggles
29.4.2023
According to multiple reports, First Republic Bank is facing significant financial difficulties and could be taken over by the Federal Deposit Insurance Corporation (FDIC) if private sector banks do not intervene. The FDIC has reportedly approached several large commercial banks regarding...
DeFi Needs More Than ‘Synthetic High-Yield Products’: Dragonfly’s Haseeb Qureshi
28.4.2023
The venture capitalist discusses non-ZIRP monetary policy, rebooting crypto’s market structure and why Ponzi bubbles always burst
Bitcoin Held on Binance Surges to Record High of 692K BTC: Glassnode
28.4.2023
The tally has increased by over 50,000 BTC in four weeks, reversing the exodus seen late last year
Bitcoin Hits All-Time-High (in Argentinian Pesos!) – Will Inflation Spark BTC Adoption?
26.4.2023
Bitcoin (BTC) has hit an all-time price high in Argentinian pesos – a fact that appears to say more about the struggling fiat than the popular cryptoasset.
The peso (ARS) has been dogged by spiraling inflation in recent years.
This has intensified in recent months, with inflation now topping...
Bitcoin price hits new record high in Argentina
25.4.2023
Argentina's pesos have crashed 99% versus the U.S. dollar since the beginning of the currency crisis in 2018
Ugandan High Court Rules to Uphold Central Bank’s Crypto Prohibition
25.4.2023
A Judge of a High Court in Uganda recently dismissed an application which sought to quash a Bank of Uganda directive that barred licensed entities and individuals from facilitating crypto transactions. In his ruling, Justice Musa Ssekaana insisted that the central bank’s crypto prohibition...
Report: Zimbabwe’s Central Bank Says Upcoming Gold-Backed Digital Currency to Help Reduce Demand for US Dollar
25.4.2023
The governor of the Zimbabwean central bank, John Mangudya, recently revealed that his institution is planning to introduce a gold-backed digital currency. According to the governor, the soon-to-be-introduced gold-backed digital currency is expected to help diminish local residents’ demand...
Ethereum Layer 2 Networks’ Total Value Locked Hovers at Near-Record High, Data Shows
24.4.2023
TVL soared past $10 billion on the Ethereum blockchain earlier this month before dipping as crypto prices swooned. Arbitrum dominates the layer 2 scaling landscape by market share
Biggest Movers: LTC, LINK Rebound on Monday, Despite Crypto Market Red Wave
24.4.2023
Litecoin rose marginally higher to start the week, despite cryptocurrency markets mostly trading lower on Monday. The global crypto market cap is down 0.15% at the time of writing, as volatility remains high. Chainlink also moved higher in today’s session. Litecoin (LTC) Litecoin (LTC)...
Value Locked in Defi Descends Below $50B Range 9 Days After 2023 High
23.4.2023
The total value locked in decentralized finance (defi) has descended below the $50 billion range after reaching a 2023 high of $53.63 billion on April 14. This shift has been felt across the board with the top 18 defi protocols recording losses during the past seven days, and the largest defi...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $28,000 as Losses Intensify
21.4.2023
Bitcoin’s downturn continued on Friday, as prices fell for a third consecutive session, leading to a move below $28,000. Market sentiment has shifted in recent days, as traders began taking profits from last week’s high. Ethereum was also lower, and is now trading around the $1,900...
The Best (And Worst) Video Games To Play High
20.4.2023
Throughout the years, stoner culture and gamer culture have become enmeshed, occasionally being mistaken for each other. While it may be a somewhat tired cultural connection (stoners are lazy, gamers are lazy, blah blah), there’s no denying that the two are quite complementary. They work well...
Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023
20.4.2023
Bitcoin miners are contending with the fifth network difficulty increase since February 24, 2023, following a 1.72% rise on April 20 at block height 786,240. The network’s difficulty now stands at 48.71 trillion, marking a 22.62% increase over the last 55 days since block height 778,176....
Russian Foreign Minister Sergey Lavrov Explains ‘Multipolar’ World View in Brazil
19.4.2023
Sergey Lavrov, the Russian foreign minister, started his tour of Latin America on April 17, landing first in Brasilia to hold high-level talks with Brazilian President Luiz Inacio ‘Lula’ da Silva and Brazilian Foreign Minister Mauro Vieira. Lavrov insisted that Russia was building...
Watch Two Racing Underdogs Build a High Performance Acura Integra Type S
18.4.2023
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Biggest Movers: LINK Jumps to 6-Month High, LTC Back Above $100
18.4.2023
Chainlink rose to a six-month high in today’s session, as crypto markets moved back into the green on Tuesday. Markets were buoyant following stronger than expected Chinese growth data, with the global market cap up 0.45% as of writing. Litecoin also climbed, hitting a two-month high in...
Exchanges Receive $375M Influx of Ether Since Shanghai Upgrade as Price Hits 11-Month High
17.4.2023
Ethereum’s seamless implementation of withdrawals, also known as the Shanghai upgrade, on April 12 has led ETH’s price to rally above $2,100, the highest since May 2022