IMF issues veiled warning against El Salvador’s Bitcoin law
Making any cryptocurrency a national currency “is an inadvisable shortcut” to more inclusive financial services, according to two IMF officials. Go to Source Powered by WPeMatico
DIGIT
Fed Faces Double Inflation as Supply Chain Falters, Economists Question Spending, Biden ‘Not Worried’
Reports show a vast majority of the American populace has been worried about rising inflation and as the weeks roll by, the financial situation continues to look grim. US Senator: ‘There’s No Justification for the Fed to Maintain Its Purchases’ A few analysts believe the upcoming two-day meeting held by the U.S. central bank’s Federal … Read more
Bitcoin hits $40K after a 6-week absence, but on-chain activity is ‘somewhat bearish’
BTC price is back above $40,000, but not every data point signals that a bullish impulse move is in the making. Go to Source Powered by WPeMatico
Price analysis 7/26: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
Traders are hopeful that Bitcoin’s bounce from $29,000 to $40,000 and the strong rally seen in altcoins is a signal that the bull market has resumed. Go to Source Powered by WPeMatico
Jeff Bezos Directs Amazon to Accept Bitcoin and Other Popular Cryptocurrencies: Report
Amazon is reportedly planning to accept bitcoin by the end of the year, after which the company will roll out support for other major cryptocurrencies. Furthermore, the company is exploring launching its own cryptocurrency. “The directive is coming from the very top … Jeff Bezos himself.” Amazon’s Crypto Project ‘Ready to Roll’ Following the news … Read more
DeFi tokens book double-digit gains after Bitcoin rallies above $39,000
AMP, XVS and RSR price saw strong breakouts after a short squeeze sent Bitcoin price within a hair of the $40,000 level. Go to Source Powered by WPeMatico
Binance Smart Chain Creates a $10 Million Bug Bounty Fund to Tighten Protocol Security
The Binance Smart Chain has launched a $10 million bug bounty fund for projects building on top of the protocol, called “Priority One.” The initiative aims to keep the blockchain network secure by encouraging bug bounty hunters and ethical hackers. Binance Smart Chain Reveals $10 Million Bug Bounty Fund ‘Priority One’ Security experts and bug … Read more
How crypto can modernize the world of lending
Crypto lending offers powerful advantages when compared with the status quo, including more competitive interest rates and flexible terms. Go to Source Powered by WPeMatico
Cleveland Cavaliers basketball team joins fan token platform Socios
“This is the start of an exciting partnership that we believe can eventually lead to greatly enhanced fan engagement for fans of the Cavaliers around the world,” said Socios and Chiliz CEO Alexandre Dreyfus. Go to Source Powered by WPeMatico
Crypto cowboys: Texas counties welcome Bitcoin miners with open arms
Bitcoin mining facilities are setting up shop in Texas, but not only for obvious reasons like wind and land opportunities. Here’s why the state is becoming popular. Go to Source Powered by WPeMatico
