The cryptocurrency industry has spent millions of dollars on U.S. midterm election races during a year of heavy losses and upheaval in the sector, which hopes to gain sway among legislators as Congress debates tighter regulation of digital assets. Crypto evangelists view 2023 as a critical year for regulation, with Congress expected to make progress […]
Bitcoin
After months of tears and tantrums, bitcoin wants to split up with stock markets. The cryptocurrency, which has been closely correlated with tech stocks for much of its torrid 2022, is staging one of its strongest efforts yet to break away. Its 30-day correlation with the Nasdaq slid to 0.26 last week, its level lowest […]
Bitcoin itself came as a response to the 2008 global recession. Introducing a new path to transact without depending on the power of third parties, such as banks. The failing ones, in particular, were still bailed by governments at public expense. Given its birth nature, people always consider bitcoin a decent way to fight the […]
With the surge in its popularity, Bitcoin often gets labeled left and right. The labels can often be misleading, especially the brand ‘Digital Gold’ or ‘Gold Replacement.’ The bank of Singapore went as far as claiming that Bitcoin will replace Gold as a store of value. Such notions are incredibly flawed. Carelessly throwing them around […]
A growing number of funds are betting on the long-term appeal of bitcoin and ether, a gritty gambit in the depths of a crypto winter. Unfazed by a collapse in prices over the past 11 months, investment firms have unleashed a flurry of exchange-traded funds, anticipating that elite cryptocurrencies and their underlying technology will eventually […]
Inflation is a part of every economic lifecycle. While it should be expected, keeping your money in cash can prove the universe. Currency can lose value during inflation, and its purchasing power can diminish. That’s why many people turn their cash into aspects that can hold their worth over time. Stocks, bonds, crypto, and Bitcoin, […]
The Ethereum merge has finally happened; Ethereum 2.0 is here. Ethereum founders initiated this update to tweak some of the shortcomings of Ethereum. It is not there to replace the original currency but to expand on it and make it more robust. The merge does upgrade the base Ethereum, but the coin still suffers currently, […]
The Crypto market is an exciting thing to observe, unpredictable and never constant. Since its dawn, the world of Crypto has puzzled many investors and enthusiasts alike. Its first crash took the world by surprise, but now each blow is a case to study. Instead of just deeming crashes as mere crashes, they are sometimes […]
Fintech Bitcoin Depot plans to list in the United States by merging with blank check company GSR II Meteora Acquisition Corp in a deal valued at $885 million, the companies said on Thursday. The transaction will raise up to $321 million of cash held in GSRM’s trust account and will be used to support Bitcoin […]
Live blockchains are growing daily at an ever-growing pace. As of our present day, there are more than 10 000 active Blockchain-based cryptocurrencies. With such a presence, having the right knowledge base has never been more valuable as this decentralized technology becomes more and more embedded into global establishments. So, what are the pros and cons […]