Cryptocurrency Market

  • Market Cap: $2,276,028,194,578.45
  • 24h Vol: $45,501,039,267.01
  • BTC Dominance: 56.33%
‘evil-crypto’-can-be-used-in-foreign-trade,-russia’s-deputy-finance-minister-says

‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister Says

Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing crypto in foreign trade transactions, he indicated. Russia Plans to ‘Experiment’ With Cross-Border Crypto Payments Amid Sanctions […]

‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister Says Read More »

us-central-bank-expected-to-raise-lending-rate-by-25bps:-experts-predict-final-hike-of-2023

US Central Bank Expected to Raise Lending Rate by 25bps: Experts Predict Final Hike of 2023

After the most recent increase in the federal funds rate, the U.S. Federal Reserve is set to raise the lending rate by 25 basis points (bps) to 5.25% in three days, according to expectations. A recent poll of 105 economists revealed that 94 of them predict a 25bps rate hike will occur during the May

US Central Bank Expected to Raise Lending Rate by 25bps: Experts Predict Final Hike of 2023 Read More »

ethereum’s-liquid-staking-protocols-attract-400,000-ether-after-shapella-upgrade

Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade

Just over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking protocols. Since then, over 400,000 ether, valued at $763 million, has

Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade Read More »

satoshi’s-last-emails:-‘make-it-about-the-open-source-project,’-economist-predicts-‘catastrophic’-fall-in-us-living-standard,-frc-shares-plummet,-and-more-—-week-in-review

Satoshi’s Last Emails: ‘Make It About the Open-Source Project,’ Economist Predicts ‘Catastrophic’ Fall in US Living Standard, FRC Shares Plummet, and More — Week in Review

Another week has passed in the world of crypto and finance, with the anniversary of Bitcoin creator Satoshi Nakamoto’s last known emails, predictions of massive declines in Americans’ standard of living, and important developments at the struggling First Republic Bank. All this and more just below, in the latest Bitcoin.com News Week in Review. The

Satoshi’s Last Emails: ‘Make It About the Open-Source Project,’ Economist Predicts ‘Catastrophic’ Fall in US Living Standard, FRC Shares Plummet, and More — Week in Review Read More »

zimbabwe’s-de-dollarization:-central-bank-to-issue-gold-backed-digital-currency-in-early-may

Zimbabwe’s De-Dollarization: Central Bank to Issue Gold-Backed Digital Currency in Early May

The Reserve Bank of Zimbabwe (RBZ) has said it will start issuing gold-backed digital tokens on May 8. The first phase of the launch will see the digital tokens being issued for “investment purposes with a vesting period of 180 days.” The RBZ also revealed that the gold-backed digital tokens “would be used both as

Zimbabwe’s De-Dollarization: Central Bank to Issue Gold-Backed Digital Currency in Early May Read More »

us-senator-ted-cruz:-‘i-like-btc-for-the-same-reason-the-chinese-communist-govt-doesn’t-like-btc’

US Senator Ted Cruz: ‘I Like BTC for the Same Reason the Chinese Communist Govt Doesn’t Like BTC’

United States Senator Ted Cruz has said he remains “incredibly bullish on bitcoin” which he described as the “alpha in the crypto sphere.” According to Cruz, people are attracted to bitcoin because they see it as a hedge against inflation and also as an “important check” against government spending. Bitcoin Is Still the ‘Most Dominant’

US Senator Ted Cruz: ‘I Like BTC for the Same Reason the Chinese Communist Govt Doesn’t Like BTC’ Read More »

paypal-upgrades-crypto-services-to-60-million-venmo-users,-allowing-transfers-to-external-wallets-and-exchanges

Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges

After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an existing Paypal account, an external wallet, or a crypto exchange platform. Venmo Customers Can Now Transfer Cryptocurrency

Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges Read More »

bitcoin-network-hits-75%-progress-towards-next-reward-halving

Bitcoin Network Hits 75% Progress Towards Next Reward Halving

At 11:06 a.m. Eastern Time (ET) on April 29, 2023, at block height 787,500, the number of blocks left to discover until the next Bitcoin blockchain halving is now fewer than 52,500 blocks. This means the network has progressed 75% through the 210,000-block halving cycle, which will ultimately result in a reduction of the block

Bitcoin Network Hits 75% Progress Towards Next Reward Halving Read More »

us-senator-rand-paul-warns-of-us-dollar-losing-reserve-currency-status-—-says-‘it’s-not-an-unfounded-prediction’

US Senator Rand Paul Warns of US Dollar Losing Reserve Currency Status — Says ‘It’s Not an Unfounded Prediction’

U.S. Senator Rand Paul has warned that the U.S. dollar could lose its status as a global reserve currency. “For a variety of reasons, both foreign policy as well as fiscal irresponsibility, yes, the dollar is in a precarious position,” said the lawmaker. Senator Rand Paul on U.S. Dollar Losing Reserve Currency Status U.S. Senator

US Senator Rand Paul Warns of US Dollar Losing Reserve Currency Status — Says ‘It’s Not an Unfounded Prediction’ Read More »

billionaire-ray-dalio-warns-us-and-china-on-brink-of-war,-beyond-ability-to-talk-—-us-china-trade-could-collapse

Billionaire Ray Dalio Warns US and China on Brink of War, Beyond Ability to Talk — US-China Trade Could Collapse

Bridgewater Associates founder Ray Dalio has warned that the U.S. and China are “on the brink of war” and “are beyond the ability to talk.” The billionaire added that their relations “are getting so bad” that U.S.-China trade could collapse. He cautioned that the next 18 months “will be a very risky period.” U.S. and

Billionaire Ray Dalio Warns US and China on Brink of War, Beyond Ability to Talk — US-China Trade Could Collapse Read More »