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Veteran Trader Peter Brandt Suggests All BTC Acquired in 2021 Is ‘a Losing Trade’ — Reignites Feud With Laser Eyes Movement
9.10.2022
Veteran trader Peter Brandt’s latest remarks which mock crypto traders still using laser eyes crypto memes have sparked an immediate and angry response from bitcoiners on Twitter. One very famous bitcoiner, Michael Saylor, reminded Brandt that the laser eyes signify “a long-term...
EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation
7.10.2022
An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscow’s decision to annex Ukrainian territories. EU Council Adopts...
UN Report Urges Fed to Suspend Interest Rate Hikes, Presses for ‘Public Spending’ Increases
4.10.2022
The United Nations Conference on Trade and Development (UNCTAD) has warned that the U.S. Federal Reserve’s interest rate hikes and the slew of other central banks raising rates, could pose harm to the global economy. UNCTAD calculated that for every Fed basis point rise, the economic output...
What is the economic impact of cryptocurrencies?
1.10.2022
Cryptocurrencies spur financial inclusion, protect against inflation and enhance the global economy despite the recession
Despite Accounting for 2% of Global Activity, Sub-Saharan Africa Has ‘Some of the Most Well-Developed Cryptocurrency Markets of Any Region’: Report
30.9.2022
According to a recent Chainalysis report, although Sub-Saharan Africa is believed to account for as little as 2% of global transaction activity, the area “contains some of the most well-developed cryptocurrency markets of any region.” Additionally, Sub-Saharan Africa’s...
Truflation Joins Chainlink BUILD for Economic Data Indexes
29.9.2022
Truflation, a major contributor to self-contained economic and financial data, announced indulging in a formal tie-up with the Chainlink BUILD program. Following this and now being an integral partner, Truflation intends to get going on making the various unique data indexes, which have been...
Bitcoin․com To Deploy Verse Development Fund To Expand Ecosystem
29.9.2022
PRESS RELEASE. Bitcoin.com, a digital ecosystem and secure self-custody platform where users can accessibly and safely interact with cryptocurrencies and digital assets, is launching the Verse Development Fund, an initiative to accelerate growth and innovation in Bitcoin.com’s Verse ecosystem....
Bitcoin, Ethereum Technical Analysis: BTC Below $19,000 as Sentiment in Crypto Remains Bearish
26.9.2022
Bitcoin started the week trading below $19,000, as recent economic pressures continued to weigh on cryptocurrency markets. The token fell lower in today’s session, as market sentiment remained bearish following last week’s rate hikes by the U.S. Federal Reserve. Ethereum was also...
WEF Launches Crypto Sustainability Coalition to Leverage Web3 Technologies in Climate Change Battle
26.9.2022
The World Economic Forum (WEF) has launched the Crypto Sustainability Coalition, an initiative dedicated to assessing the role of Web3 technologies in the fight against climate change. The organization, which is composed of 30 companies, educative groups, and other institutions, will research...
Nicolas Maduro Tempts West With an Abundance of Oil and Gas, Venezuelan President Wants Sanctions Lifted
25.9.2022
Amid the economic rumblings across the world and the energy crisis in Europe, Venezuelan president Nicolas Maduro has said his country is ready to step up and help with oil. Despite the fact that Venezuela has the largest supply of crude oil in the world, U.S. economic sanctions imposed in 2019...
UK Proposes New Law to ‘Seize, Freeze and Recover’ Crypto Assets Easier and Faster
24.9.2022
The British government has presented the Economic Crime and Corporate Transparency Bill to Parliament that will “make it easier and quicker” for law enforcement agencies “to seize, freeze and recover crypto assets.” The government stressed: “We must ensure that...
Pantera Capital's CEO suggests Blockchain growth will continue despite economic turmoil
23.9.2022
The venture capitalist predicted blockchain would perform based on its own fundamentals, similar to Amazon and Apple
Bitcoin, Ethereum Technical Analysis: BTC Falls as Global Economic Slowdown Heightens
23.9.2022
Bitcoin was back in the red during Friday’s session, as the token was once again trading below $19,000. The recent decline comes as the global economic slowdown has become more apparent. This week, both the Bank of England and United States Federal Reserve have moved to increase interest...
Jerome Powell is prolonging our economic agony
21.9.2022
Jerome Powell is lengthening economic pain by refusing to raise interest rates at the necessary pace. It’s time to rip off the band-aid
Fed Preview: Bitcoin Investors to Look Past Jumbo Rate Hike and Focus on Economic Assessment and Borrowing Cost Estimates
21.9.2022
The economy has remained stronger than policymakers expected in July. So hawkish risk is that chairman Powell says the inflation fight is still in early stages, implying a higher terminal or peak rate
Report: Quebec’s Mohawk Council of Kahnawake Seeks Energy to Power Crypto-Mining Opportunities
19.9.2022
According to a report from Canada’s Local Journalism Initiative, members of the Mohawk Nation from Kahnawake are looking into using electricity from Hydro Quebec in order to power cryptocurrency mining operations. The Mohawk Council of Kahnawake (MCK) created a new organization to research...
Trudeau Criticizes Opponent’s Crypto Advice, Kiyosaki Pushes the Assets Ahead of the ‘Biggest Economic Crash in History’ — Bitcoin.com News Week in Review
18.9.2022
Canadian Prime Minister Justin Trudeau has criticized the new leader of the Conservative Party of Canada for his supposedly irresponsible crypto advice, as Rich Dad Poor Dad author Robert Kiyosaki gives cryptocurrency advice of his own ahead of what he sees as the “biggest economic crash...
Crypto Payment Infrastructure Firm Opennode to Test Bitcoin Payments in Bahrain
18.9.2022
Opennode, a bitcoin payment infrastructure firm, recently said it will run trials of its bitcoin processing and payout solution through the Central Bank of Bahrain’s regulatory sandbox. According to Dalal Buhejji, an executive director with the Bahrain Economic Development Board, the central...
Web3 Gaming Still Growing Despite Economic Woes, According to Dappradar Report
14.9.2022
According to a recent report produced by Dappradar, the Web3 gaming industry has managed to raise $750 million since August 1st in spite of the crypto downturn, with several important projects registering positive numbers regarding sales and activity. Web3 Gaming Industry Thriving Amidst Economic...
Robert Kiyosaki Urges Investors to Get Into Crypto Now, Before Biggest Economic Crash in World History
14.9.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has urged investors to get into crypto now, predicting that the biggest economic crash in world history is incoming. “Now is the time you need to get into crypto,” he stressed. Robert Kiyosaki Says Now...