Bitcoin
Chileans Take Refuge In Stablecoins Amid Economic Turmoil
Latin America’s most steady economy in the last three decades suffers a slump. Locals are turning to crypto for protection. Source link
Month: August 2022
Market Analysis
Solana (SOL) Drops After Short-Term Bearish Pattern
The Solana (SOL) network is in the midst of a massive exploit in which $6 million has been drained so far. The price has also created a short-term double top pattern. SOL has been falling […]
Ethereum
Experts Forecast Entry Points In Ethereum Hedge Funds Retail And Institutions
Amid the negative U.S. GDP record and high Fed rate, there seems to be a positive turning for some digital assets, especially Ethereum. For example, the global second largest cryptocurrency by market cap, Ethereum (ETH), […]
Market Analysis
Saylor Steps Down as MicroStrategy CEO to Double Down on Bitcoin
MicroStrategy co-founder Michael Saylor has relinquished his position as chief executive after reporting a $1 billion loss on the company’s Bitcoin holdings. Saylor will assume the newly created position of executive chairman and will continue […]
Regulation
Banking Platform Galoy Raises $4M for Bitcoin-Backed Synthetic Dollar
“Bitcoin has brought digital transactions to previously unbanked communities across Latin America, Africa and beyond,” said Galoy CEO Nicolas Burtey in a press release. “However, its volatility makes managing financial obligations difficult. With Stablesats-enabled Lightning […]
Ethereum
Ethereum’s Last Rehearsal Before the Merge
Just last week, Ethereum developers announced the parameters for which the Goerli merge will occur. The test is a two-step process, with the first step happening most likely today or tomorrow (August 3-4). This first […]
Bitcoin
Bank of America Dismisses Assertion That Blockchains Have no Intrinsic Value, Citing Transaction Fees
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Market Analysis
Kadena (KDA) Bounces at Range Low
Kadena (KDA) is in the process of reclaiming the resistance area of its previous trading range. KDA has been increasing alongside an ascending support line since June 13. More recently, it bounced at the line […]
Regulation
Brazil Might Approve Its Cryptocurrency Law This Week – Regulation Bitcoin News
This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bill is set to […]
Market Analysis
Paysafe.com: An objective review
Paysafe is a provider of merchant services. Its primary markets are Europe and North America. As many of its features are available only in Europe, US businesses use it mainly to provide credit card payment […]