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In a working paper, Amol Amol and Erzo G.J. Luttmer from the Federal Reserve Bank of Minneapolis argue that prohibiting bitcoin or imposing specific taxes could help governments implement permanent primary deficits effectively. Their research explores the impact of bitcoin on fiscal policies and offers potential solutions. The Case Against Bitcoin: The Minneapolis Federal Reserve’s … Read more
Before bitcoin’s fourth halving, the crypto asset soared to a peak of $73,794 on March 14, as recorded on Bitstamp. During the period from March 10 to April 10, bitcoin’s hashprice—representing the estimated daily earnings for 1 petahash per second (PH/s)—fluctuated between $105 and $125 per PH/s. Fast forward to this week, and as BTC … Read more
In recent developments, a notable instance occurred involving a tech titan, Marc Andreessen, and an AI bot named Truth Terminal. Andreessen’s decision to grant $50,000 in bitcoin to this semi-autonomous AI agent, to fund hardware upgrades and launch a cryptocurrency token named GOAT, illuminates potential regulatory challenges that lie ahead. This episode underscores the blurred … Read more
Hamster Kombat is preparing to launch its second season, during which the platform aims to achieve integration with third-party gaming proposals. The team behind the game expects to expand beyond Telegram and allow for the sharing of items across games, thereby broadening the scope of their integration, as described in their updated roadmap. Hamster Kombat … Read more
Venezuelans have ramped up the use of Tether’s USDT, as it has become one of the largest sources of dollar liquidity in national markets. While the government has tried to contain the black market exchange rates by injecting dollars into the banking sector, it has enjoyed limited success, with Tether adoption ramping up as an … Read more
Bitcoin traders maintain a neutral sentiment despite the uptick in geopolitical tension and uncertainty within world markets. Go to Source
China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high. Go to Source
Bitcoin lost momentum as weak macroeconomic data, fear of a stock market correction, and worries over the upcoming US elections impacted investor sentiment. Go to Source
Bitcoin options market positioning shifted as BTC price shot through the $60,000 to $63,000 level. Go to Source
Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last. Go to Source
