The White House today poured cold water on crypto, accentuating the negative aspects of digital assets throughout a massive, 513-page annual report. The first reference to digital assets in the 2023 Economic Report of the […]
Bitcoin. Source: Adobe Bitcoin’s correlation to US equity markets just fell to its lowest level in more than a year and a half. That’s according to crypto analytics firm CoinMetrics, who present a chart showing […]
Coinbase’s former CTO Balaji Srinivasan wagered on Friday that the price of Bitcoin will benefit from a rapid devaluing of the U.S. dollar in the next three months, skyrocketing to $1 million by June 17. […]
Microsoft may not be the first name to come to mind when it comes to blockchain. Still, the company has experimented with the technology for many years. According to screenshots shared on Twitter by Albacore, […]
Ethereum. Source: Adobe The rate at which the Ether (ETH) supply is deflating, which has been accelerating in recent weeks, recently saw a spike higher. Ether is the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain. […]
Bored Ape Yacht Club creator Yuga Labs on Wednesday opened the minting of its newest NFT collection, HV-MTL, through a so-called “summoning” process in which owners of Sewer Pass NFTs can burn—destroy—them in exchange for […]
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Bitcoin. Source: Adobe Digital asset investment products saw their highest-ever weekly outflow last week, according to the latest Digital Asset Fund Flows Weekly Report released by CoinShares. The $255 million in net outflows amounted to […]
The market cap of all cryptocurrencies is back above the $1 trillion mark. After a joint statement from the Federal Reserve, U.S. Treasury, and FDIC declared that all depositors of now-shuttered Silicon Valley Bank and […]
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