Tags : bitcoin

Bitcoin

Bitcoin Trends To Downside, Why The Stock Market Could Be

This year, we have seen Bitcoin go down to $30,000, double to $60,000, then reach November’s all-time high over $68,000 and tank once more around 20% on the same month, stabilizing around $57,000. As Bitcoin trades to the downside just like the U.S. traditional markets, we might be seeing a correlation. Stocks have been driven […]Read More

Ethereum

New Study Says Ethereum May Become A Better Inflation Hedge

The argument for Bitcoin as an effective hedge for inflation has been a long one in the making and so far, the digital asset has not failed those who have a stake in it. Bitcoin’s returns over the past couple of years have been far greater than the rate of inflation, which currently sits at […]Read More

Regulation

Not waiting around for the SEC, Fidelity will launch a

Fidelity Investments will be launching its spot Bitcoin ETF in Canada this week, according to Eric Balchunas, Senior ETF Analysts at Bloomberg, who broke the news on Twitter. While the US Securities and Exchange Commission (SEC) fends off similar products, the Boston-based multinational financial services corporation will be launching its new Bitcoin spot-based ETF on […]Read More

Bitcoin

Bitcoin DeFi tool BadgerDAO hit by estimated $120 million hack

Decentralized autonomous organization BadgerDAO recently suffered a major exploit, and according to the current speculation the attack was executed via the DeFi protocol’s front-end. Without revealing any details related to the attack, the team confirmed receiving reports of unauthorized withdrawals of user funds on Twitter, announcing it paused all smart contracts in order to halt […]Read More

Bitcoin

Jack Dorsey Focuses On Bitcoin After Stepping Down As Twitter

Jack Dorsey has shocked everyone when he announced on Monday that he would be stepping down as Twitter’s CEO. The long-time boss of the company which he had founded had herded it into new heights, making it one of the social media giants. However, it seemed his run had eventually come to an end when […]Read More

Bitcoin

Bitcoin (BTC) hashrate recovers from China’s crackdown

Earlier in the year when China renewed its hostilities towards the crypto industry, one metric that saw a negative effect of the crackdown was the Bitcoin mining hashrate that plummeted by more than 50% during this period largely because crypto miners were being pushed out of the Asian country. Bitcoin mining hashrate recovers from China […]Read More

Bitcoin

El Salvador is building a $1 billion Bitcoin City as

Nayib Bukele, the President of El Salvador, announced that the country will be building a carbon-neutral Bitcoin City. The city will have no property, income, or capital gains taxes, and the massive endeavor will be partly financed by a $1 billion Bitcoin bond issued by Blockstream. And while the move was celebrated in the crypto […]Read More