Tag: news.bitcoin
Blockchain
Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False
Terra’s new LUNA 20 token has lost 54% in value in the last two weeks, after reaching $1133 per unit on May 30 Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon
Blockchain
Billionaire Stan Druckenmiller Prefers Bitcoin Over Gold in ‘Inflationary Bull Market’
Renowned billionaire hedge fund manager Stanley Druckenmiller says that in an inflationary bull market, he wants to own bitcoin more than gold “for sure” However, he explained that in a
Blockchain
Economist Peter Schiff Explains Why He Expects Bitcoin to Crash as Recession Deepens — Warns ‘Don’t Buy This Dip’
Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether He explained that “The need to sell bitcoin to pay the bills will only
Blockchain
Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks
Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects Ivy Blocks, as it was named by the exchange, will focus
Blockchain
EU Nears Agreement on Crypto Regulations, Report Reveals
Authorities in the EU are moving closer to a deal on a legislative package tailored to comprehensively regulate the crypto market and related activities in Europe According a media report, an
Blockchain
Moneygram Launches USDC Crypto-to-Cash Program in Certain Markets
Moneygram, a remittance and payments company based in the US, has announced the integration of USDC, a dollar-pegged stablecoin, as a settlement asset for its cash to crypto and crypto to cash
Blockchain
Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation
Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value However, after the Terra stablecoin fallout, the
Blockchain
Meme Token King Dogecoin Lost 91% in Value Since Last Year’s High, DOGE Mining Revenue Plummets
After a prominent rise last year, 2022 has not been too kind to the top meme coin asset dogecoin Currently, the father of the meme coin economy, dogecoin, has lost 91% in value since the crypto
Blockchain
Kim Dotcom on the ‘Great Reset,’ Strong Russian Ruble Puzzles Economists, and More — Bitcoin.com News Week in Review
This week, entrepreneur and activist Kim Dotcom said the “US is beyond bankrupt,” and minced no words about a potential “controlled demolition of global markets”
Blockchain
Report: Five South Korean Crypto Exchanges Respond to Litecoin MWEB Upgrade by Delisting the Coin
Five South Korean cryptocurrency exchanges recently said they will delist litecoin because the crypto asset’s Mimblewimble Extension Blocks (MWEB) upgrade violates the country’s laws As
Blockchain
Crypto-Related Lawsuits Rising in Russia, Criminal Cases Increase by 40%
Courts in Russia are hearing a growing number of cases around crypto assets, a new study has shown About two-thirds of them have been launched under provisions of the country’s Criminal Code
Blockchain
Indian Government’s Chief Economic Adviser Warns of Danger in Crypto, Defi Without Regulation
The Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the absence of regulation “We may not be fully aware or
