Crypto will become an inflation hedge — just not yet
In theory, Bitcoin (BTC) should serve as a hedge against inflation. It’s easy to access, its supply is predictable, and...
Month: August 2022
MAS takes action against liquidity issues among crypto firms In Singapore
In reaction to the liquidity and withdrawal crisis that has befallen crypto firms, the Monetary Authority of Singapore (MAS) has...
OKX issues service update ahead of ETH merge
Crypto trading app OKX has released a service update to prepare its users for the imminent ETH Merge. The crypto...
Coinbase to integrate Hedera network into its roadmap
Leading crypto exchange Coinbase has integrated a public decentralized altcoin network, Hedera (HBAR), into its listing roadmap. The development was...
Visa collaborates with Ripio to launch Bitcoin Debit Card
Global financial service provider Visa partnered with Ripio, a Bitcoin wallet, to launch its first Bitcoin Debit card in Brazil....
Guide to the Bored Ape Yacht Club (BAYC) NFT ecosystem
Bored Ape Yacht Club (BAYC), an NFT collection of 10,000 “Bored Apes,” was launched and revealed to the public on...
Applied Blockchain Changes Name, Enters Purchase Agreement for Land in North Dakota
This week the mining operation Applied Blockchain announced that it is changing its company name to Applied Digital. Furthermore, the...
Crypto Economy Slides Under $1 Trillion, as Bitcoin and Ethereum Dive Below Previous Support Zones
On Saturday, August 27, 2022, the global market capitalization of all the crypto assets in existence dropped under the $1...
Powell Says Fed’s Battle With Inflation Will Bring ‘Some Pain,’ After Insisting Last Year Elevated Inflation Is ‘Likely to Prove Temporary’
On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the...
DeFi Lending Platform Compound (COMP) Launches New ‘Streamlined’ Protocol Upgrade
Decentralized lending platform Compound has launched a new “streamlined” version of its protocol called “Compound III.” With the update, Compound...
New Competitor Carves Away at OpenSea’s Non-Fungible Token (NFT) Marketplace Supremacy
A new non-fungible token (NFT) marketplace competitor is ripping away a small percentage of market share from OpenSea, the dominant...
BTC Slumps Below $20,000; TAMA Pushes Up
The Bitcoin price sees a 1.25% decline today as the cryptocurrency fails to cross above the 9-day moving average. Bitcoin...
STEPN Drops 14.47% – Is Now a Good Time to Buy?
STEPN drops 14.47% and fails to halt its bearish rally. GMT took some additional offers near $0.6786. However, the reason...
What is MemePad, and Why is it Going Up – MemePad Price Prediction
Meme coins were one of the worse hit segments due to the bearish run of the crypto market. Dogecoin, which...
Flow (FLOW) Down 13% in Last 7 Days: Here’s Why
Flow (FLOW) is down 13% to $1.84, and hasn’t reversed its decline, possibly due to September rate hikes. FLOW failed...
