Wed, September 23

USDT Stablecoin Issuer Tether Forays Into Bitcoin Mining

Tether, the firm behind the USDT stablecoin, has announced a new, substantial commitment to support Bitcoin, after its prior disclosure that it would be purchasing Bitcoin with profit. Tether has now launched Tether Energy in Uruguay. Where they want to invest in the sustainable generation of electricity and the mining

May 30, 2023 1 min read

Brazil Explores Alternative Currency Options Amid US Dollar Decline

The United States is seeing a decrease in its once-mighty currency. Due to rising issues such as rising debt, increasing interest rate rises, inflation, and growing uncertainty in the financial markets. The BRICS countries (Brazil, Russia, India, China, and South Africa) have been actively looking for alternatives to the shaky

May 30, 2023 1 min read

Decoding the Global Landscape of Cryptocurrency Adoption

Bitcoin, the largest cryptocurrency by market capitalization, has transitioned from being an esoteric fascination to a commonly recognized monetary instrument. While its hype extends globally, some countries are at the forefront, experiencing an extraordinary leap in the number of crypto users and owners. Crypto Craze: 2018-2022 Growth in Key Global

May 30, 2023 2 mins read

Binance Reflects Positive Attitude Toward BRC-20 Token Listings 

Bitcoin Ordinals and BRC-20 tokens stormed with curious hype, conquering the focus of the crypto space to a great extent. Remarkably, crypto exchange Binance is on the frontline investigating the possibilities of onboarding BRC-20 to augment Bitcoin’s NFT era. Notably, Leonidas, a popular Ordinals member on Crypto Twitter, magnified the

May 29, 2023 1 min read

Crypto Market Turns Green Post U.S Debt Ceiling Extension

Bitcoin (BTC) jumped more than 3.4 percent during the early hours of trading on Monday, May 29. This occurs when the United States is ready to increase its debt limit from its present level of $31.4 trillion. According to CMC, Bitcoin (BTC) is trading 3.4% higher at $28,009 with a

May 29, 2023 1 min read

Bitcoin at $28K Creates Massive Buzz On Twitter

Bitcoin (BTC), the world’s largest cryptocurrency, surpassed the $28k mark early Monday morning. And also Bitcoin has taken center stage as the most intriguing subject on crypto Twitter, capturing the attention and interest of users.  As reported by CoinMarketCap, the current price of BTC stands at $28,081.93, accompanied by a

May 29, 2023 1 min read

Debt Limit Extension Agreement Reached Ahead of Default Date

An agreement in principle to extend the debt limit date, now at $3.4 trillion, has been agreed between US President Joe Biden and Representative Kevin McCarthy only days before the default date. The proposed compromise between the two sides would increase the debt ceiling for two years while imposing expenditure

May 28, 2023 1 min read

IMF Urges Federal Reserve to Hike Interest Rate To Curb Inflation

In order to bring inflation under control, the International Monetary Fund (IMF) advises the Federal Reserve of the United States to maintain hiking interest rates for a longer length of time. The IMF also recommended that the Biden administration use stricter fiscal policies to bring down the national debt. Under

May 27, 2023 2 mins read

Bitcoin’s Price Drop Plunges 2.71M BTC Underwater

The significant digital asset, Bitcoin, recently witnessed a 14.6% decline in its worth, falling from a previous peak of $30.9K to a present value of $26.4K. This marked downturn might provoke a measure of discomfort in specific individuals. However, it presents an ideal opportunity to delve into the complexities of

May 27, 2023 2 mins read

Bitcoin Secures Second-Largest NFT Blockchain Rank Amid Ordinals Craze

Since Counterparty’s Rare Pepes and operation code Easter eggs, the newest iteration of NFTs on Bitcoin, Ordinals, has sprung onto the scene. Bitcoin is now the world’s second most popular blockchain for NFTs, behind Ethereum which is still the most popular blockchain overall. Ethereum has handled $390 million in on-chain

May 27, 2023 1 min read