USDC on exchanges doubled in January while Tether’s dominance fell to new lows
USD Coin continues to capture stablecoin market share, with Tether’s stable token dominance falling below 75% for the first time ever. Go to Source Powered by WPeMatico
Senator to launch Financial Innovation Caucus to educate lawmakers on crypto
Cynthia Lummis, the first U.S. senator to own Bitcoin, will launch a Financial Innovation Caucus to educate her fellow-senators about Bitcoin and crypto assets. Go to Source Powered by WPeMatico
US Federal Reserve Seeking Manager to Research CBDCs and Stablecoins
The U.S. Federal Reserve (Fed) has posted a job advertisement that seeks to hire a role related to stablecoins and central bank digital currencies (CBDC). The Fed is looking for a research manager to join its team to assess the “benefits and risks” of digital assets. The Role Is Part of the Fed’s Digital Innovation … Read more
CryptoQuant CEO says Coinbase Bitcoin outflows are a ‘bullish signal’
The CEO of CryptoQuant says a recent 15,200 BTC outflow at Coinbase is a sign that institutions are accumulating for the next Bitcoin bull break. Go to Source Powered by WPeMatico
Silver Squeeze Goes Viral, Ounce of Ag Jumps Above $30, Wallstreetbets Fans Question Trend’s Legitimacy
This past week, another social media trend started on the Reddit forum r/wallstreetbets, which aims to initiate a large silver short squeeze in order to push the price of the precious metal to $1,000 per ounce. However, the silver squeeze trend comes with controversy, as numerous wallstreetbets supporters believe hedge funds like Melvin Capital and … Read more
Bitcoin price is sideways, silver hits a 7-year high and XRP’s rally pops
While Bitcoin trades sideways, the price of silver rushed to a 7-year high and XRP surprised new investors with a sharp 50% sell-off. Go to Source Powered by WPeMatico
Dogecoin Cofounder Faces Harassment While ‘Meme Coin’ Hype Trends Among Investors
As dogecoin’s frenzy keeps making the headlines in the crypto sphere, some people are not happy with it. Billy Markus, Dogecoin’s cofounder, has been a target of long-lasting online harassment, which still doesn’t end, he claims. Markus Sold All His Doge in 2015 The so-called meme coin, DOGE skyrocketed well over 325% in a single … Read more
Blockchain tech makes sustainable development goals more achievable
Blockchain technology will turn the table by improving the measuring, reporting and verification processes of development projects. Go to Source Powered by WPeMatico
Halving & Burns on BitGesell – the Optimal Combination for Scarcity and Value in the Crypto Age
BitGesell represents a deflationary cryptocurrency that closely resembles bitcoin, but comes along with a few design changes. Its value proposition stems from Silvio Gesell’s financial market philosophy, who imagined monetary units that lose their value over time through demurrage. To keep things simple, BitGesell achieves scarcity through the means of accelerated block reward halvings and … Read more