The collapse of the Terra ecosystem, which subsequently depegged its algorithmic stablecoin TerraUSD (UST) value and crashed it to an all-time low of $0.30, has cast doubt over the future of not just algorithmic stablecoins […]
Billionaire investor and hedge fund manager, Ray Dalio, has reiterated his previous call that “cash is trash”. Dismissing equities as “trashier”, the Bridgewater Associates founder said he preferred “a digital gold like bitcoin” instead. “Of […]
The World Bank is concerned about the transparency and financial impact of the Central African Republic (CAR)’s adoption of Bitcoin as legal tender. It claims that it will be “physically impossible” to fund the nation’s […]
Michael Saylor, CEO, and co-founder of MicroStrategy reassures lender Silvergate Bank that the company will post alternative collateral for a $205M loan should BTC dip below $3,562. As bitcoin tracked stocks in the last 24 […]
Despite reclaiming the $30,000 mark late last night, bitcoin still closed the weekly candle in the red. Thus, the cryptocurrency extended its negative streak to eight consecutive weeks. 8 in a Row in Red A […]
Self-sovereignty is a core principle in the cryptocurrency space: Investors need to rely on a trustless, decentralized network instead of a central entity that has been known to devalue the holdings of others. One shortcoming […]
Be[In]Crypto takes a look at bitcoin (BTC) on-chain indicators, including those factors that speak to realized profits and losses. Realized losses show total U.S. dollar (USD) loss value for BTC that were sold at a loss […]
The condition of the global economy seems to be in a state of knockdown. The years of financial boom after the crisis in 2008 ended with the outbreak of the COVID-19 pandemic at the beginning […]
Bitcoin (BTC) struggled to recover its latest losses on May 21 after Wall Street trading provided zero respite. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price reflects drab stocks performance Data from Cointelegraph Markets […]
More than 10 million people have now bought Bitcoin using Jack Dorsey’s CashApp, according to Block’s Q1 2022 shareholder letter. The app generated $624 million in gross profit for the company over that time, $43 […]
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