value – DIGIT INFO

Peter Schiff: Phony Economy Must Die or US Risks Financial Ruin

DIGIT — Sun, 06 Oct 2024 00:30:46 +0000

Economist Peter Schiff has warned that restoring a real economy requires letting the “phony economy” collapse, which would result in significant financial losses for many. However, he emphasized that the alternative is worse, as it would lead to the devaluation of money itself. Schiff criticized the government and Federal Reserve policies, particularly following the 2008 […]

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Bitcoin trading volume recorded post-halving ATH as crypto market bled

DIGIT — Tue, 06 Aug 2024 07:59:31 +0000

Bitcoin trading volumes reached unprecedented levels amid market turmoil, while crypto hackers capitalized on discounted Ether.

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Change to US accounting rules will be a boon to companies holding crypto in 2025

DIGIT — Wed, 06 Sep 2023 21:51:39 +0000

The FASB has recommended that crypto be recorded at fair market value on corporate balance sheets, removing possibly significant impairments but adding to volatility.

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Bitcoin continues to outperform Warren Buffett’s portfolio, and the gap is set to widen

DIGIT — Fri, 01 Sep 2023 17:35:02 +0000

Spot and levered Bitcoin positions have outperformed Berkshire Hathaway stock performance since early 2019. It is time for Warren Buffett to buy Bitcoin?

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PEPE Token Continues Downward Spiral, Registers 60% Drop From All-Time High

DIGIT — Thu, 11 May 2023 17:30:34 +0000

The meme-based token pepe (PEPE) has experienced a 14.9% decline against the U.S. dollar over the last 24 hours, continuing its downward trend from the last five days. Thus far, PEPE has seen a 60% drop in value from its all-time high on May 5. Rival Meme Tokens Challenge PEPE’s Dominance as Meme Token’s Value […]

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Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31

DIGIT — Tue, 25 Apr 2023 16:35:04 +0000

While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023. Four of the top five stablecoins experienced net redemptions over the last 30 days, except for tether, which grew by 2.3% during that time. Four […]

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Ethereum projects unite to protect users from MEV-induced high prices

DIGIT — Wed, 05 Apr 2023 14:00:00 +0000

In total, 27 Ethereum projects joined the initiative as launch partners, which includes Balancer, Gnosis DAO, Shapeshift, and StakeDAO, to name a few.

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Dear Ripple, Don’t Settle: Embrace the Opportunity to Shape Crypto’s Future

DIGIT — Wed, 05 Apr 2023 11:30:23 +0000

As Ripple and the U.S. Securities and Exchange Commission (SEC) persist in their legal dispute over XRP’s classification as a security, the consequences for both parties and the wider cryptocurrency market cannot be understated. This case offers a unique opportunity to attain much-needed regulatory clarity, which could ultimately promote growth and stability throughout the sector. […]

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Crypto Hardware Wallet Maker Ledger Raises $100M Amid Growing Demand for Secure Storage Solutions

DIGIT — Fri, 31 Mar 2023 08:04:56 +0000

The cryptocurrency hardware wallet manufacturer Ledger has raised €100 million ($109 million) in funding, according to the company’s disclosure on Thursday. Ledger CEO Pascal Gauthier says there has been significant demand for hardware wallets. He added, “2023 is even better for us because now you can’t even leave money at a Swiss bank.” Ledger to […]

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Arbitrum Airdrop Goes Live: ARB Price Drops More Than 85%

DIGIT — Thu, 23 Mar 2023 18:30:54 +0000

On Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices recorded the day before. Arbitrum airdropped just over a billion ARB tokens, or 11.6% of the total supply. At noon ET, more than 474 million tokens had been claimed. Wild Volatility for ARB Token: […]

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