“Make War Expensive Again” is a Bitcoin slogan proposed in a recent tweet by Adam Ortolf from Upstream Data. He maintained that war has become “100% free (+ insanely profitable)” due to governments’ ability to create billions of dollars at will for military spending. Yet, could a transition to Bitcoin—a form of hard money—truly render…
Fifth consecutive weekly outflows point to crypto market fragility
Analysis conducted by CoinShares highlighted that crypto markets saw a fifth consecutive week of outflows with the current week totaling a $32.1 million loss. CoinShares sourced data from digital asset investment providers, such as Grayscale and ProShares, which cater to institutional and accredited investors. Head of Research at CoinShares, James Butterfill, commented this was due…
Market volatility spikes after Powell hints Fed could slow rate hikes amid banking stress
Federal Reserve Chair Jerome Powell said on May 19 that the interest rates may not have to be increased as much as previously estimated to slow down the economy. Powell said that “developments” in the banking sector are resulting in tighter credit conditions which will likely impact economic growth and inflation. However, he added that the…
Growing Bitcoin transactions highlight Lightning Network’s importance
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Over 75% of global institutions anticipate a successful cyber attack within a year
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Inside Bhutan’s secretive Bitcoin mining operation
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LayerZero: Why the hype and how to get involved
In the tumultuous world of cryptocurrencies, while most digital assets have suffered severe downturns, LayerZero seems to have emerged as one of the most popular projects in the bear market. This blockchain infrastructure protocol’s latest funding round included several high-profile venture capitalists, including Andreessen Horowitz, Christie’s, Sequoia Capital and Samsung Next. The round, which raised…
Centralized exchanges flourish in Q1’23: TokenInsights data reveals crypto winter may be thawing
Research firm TokenInsight released its Q1 Crypto Exchange Report — showing centralized platforms had a buoyant start to 2023. The report stated that, during the quarter, the total crypto market cap had grown from $831.8 billion to $1.24 trillion — a nearly 50% increase. Bitcoin (BTC) jumped almost 100% from $16,000 to a $30,000 high…
Market volatility wipes $360M from long and short traders
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Bitcoin makes play for $30k, leading to $145M liquidations
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