Fed Chair Jay Powell admitted this past July to a lack of understanding of inflation. This bolstered many investors’ belief that Bitcoin was the ultimate hedge against inflation. However, as the debate over Bitcoin’s inflation-hedge […]
BitMEX co-founder Arthur Hayes published an essay on Thursday outlining “realistic potential situations” that could make oil prices boom, and make Bitcoin’s price skyrocket as a result. The former CEO argued that such a scenario […]
Cryptocurrency markets experienced a relatively calm month in February as the total market capitalization gained 4% in the period. However, the fear of regulatory pressure appears to be having an impact on volatility in March. […]
Bitcoin’s path to becoming an official legal tender in regions has witnessed multiple setbacks. Bodies like the International Monetary Fund (IMF) clarified their narrative in the latest report. ‘No’ to BTC as legal tender, ‘Yes’ […]
On Feb. 28, Yuga Labs announced Twelvefold, its latest contribution to the world of nonfungible tokens. Riding on the back of the Ordinal inscription craze, the firm unveiled a limited edition collection of 300 generative […]
Bitcoin (BTC) moved just 0.03% last month in United State dollar terms, making February 2023 likely its least volatile in history. Data from Coinglass after the monthly close confirms that BTC/USD went practically nowhere for four […]
The number of Bitcoins that haven’t moved in ten years has reached its highest-ever level. Remarkably, this number is now even higher than the balance of BTC held on crypto exchanges. According to Glassnode data […]
It was on February 24, 2022, that Russia launched the military offensive on Ukraine. On the completion of one year of the war, Chainalysis came up with a report tracking crypto donations to both Russia […]
Some cryptocurrencies are inflationary because the supply of coins increases over time. Inflationary cryptocurrencies use a combination of predetermined inflation rates, supply constraints, and mechanisms for distributing tokens to maintain the supply and incentivize participation […]
India’s attempt to regulate cryptocurrencies has gained support from the International Monetary Fund (IMF) and the United States. Reuters reported that India, the current president of the Group of 20 (G20) bloc, gained crucial support during […]
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