Sat, October 17

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

Bitcoin Core 25.0 Sets the Stage for a Crypto Revolution

The cryptocurrency landscape is entering a new phase with the latest introduction of Bitcoin Core version 25.0. According to updates, this new iteration signifies a significant leap in the Bitcoin protocol’s progression, showcasing a plethora of feature upgrades. Alongside these advancements, it also brings numerous bug resolutions and substantial performance

May 26, 2023 2 mins read

DCG Announces Shut Down of Brokerage Division TradeBlock

Digital Currency Group (DCG), a venture capital firm, has decided to shut down its main brokerage subsidiary TradeBlock due to the general economic climate and the ambiguity surrounding crypto regulation in the United States. Led by Breanne Madigan, TradeBlock will reportedly begin winding down operations on May 31st. A company

May 26, 2023 1 min read

Bitcoin Mining Becomes Most Searched Topic in Africa

Bitcoin (BTC), the largest cryptocurrency by market capitalization, has become the most interesting topic in Africa. The country leads the world in the search for Bitcoin mining. Google Trends, the trending topic analyzer, has reported that more people in Africa have searched for BTC than anywhere else in the world.

May 26, 2023 1 min read

Bulls and Bears Waiting for the Next Cycle as Bitcoin Halving Approaches

The impending Bitcoin halving event has caused a rift among market participants in the world of cryptocurrencies. However, it created an optimistic outlook while others take a cautious attitude. The cryptocurrency world is anxiously anticipating the potential market repercussions as the countdown to the subsequent Bitcoin halving at block 840,000

May 26, 2023 2 mins read

Robert Kiyosaki Advices To Invest in Bitcoin Amid U.S Debt Chaos

In light of the ongoing negotiations to raise the debt limit before the June 1, 2023 deadline, Rich Dad Poor Dad author Robert Kiyosaki has renewed his advice to invest in gold and Bitcoin. While investing in conventional assets in the financial sector is dangerous due to tighter market circumstances,

May 25, 2023 1 min read

Croatian Crypto Investment Firm Bitlucky Shuts Down Post $75M Loss

Bitlucky, a Croatian cryptocurrency investment business, has reportedly collapsed and lost $75 million in customer money. Thus, prompting authorities to launch an inquiry. Croatian media sites claimed earlier this week that the company’s director, Luka Burazer, emailed the company’s 700 or so customers to explain a slew of mistakes. Bitcoin

May 24, 2023 1 min read