What Really Happens When a Digital Dollar Breaks the Buck
Key TakeawaysUSDC fell to $0.87 in March 2023 after $3.3B of Circle’s reserves froze at Silicon Valley Bank.Stream Finance’s xUSD ...
Sandbox Bridge Hack Mints 14.9B SAND While Coinbase Delists Futures
Key TakeawaysPeckshield flagged roughly 14.9 billion unbacked SAND minted across two addresses on August 21.The Sandbox disabled Base and BSC ...
Bitcoin Miners Get a Lifeline as Hashprice Explodes 20% Higher
Key TakeawaysBitcoin hashprice jumped 20.41% in 4 days, lifting miner revenue to $38.29 PH/s.Foundry USA leads 133 mining pools as ...
EU Carbon Taxes Push Bitcoin Mining to Russia, Study Claims
Key TakeawaysA study shows strict EU carbon could be driving bitcoin miners to shift operations to Russia.Companies maximize profit by ...
Big Banks Demand Identity Checks for Secondary Stablecoin Markets
Key TakeawaysMajor banks urged FinCEN to extend strict identity requirements to secondary stablecoin markets.This would force retail and decentralized exchanges ...
When It Hits and Who Gets Free Coins
Key TakeawaysAfter the failed BIP-110 fork, another hard fork is now barreling toward Bitcoin, this time creating a new crypto ...
Bitcoin May Hit Turning Point This Week as Durable Bottom Takes Shape
Key TakeawaysGrayscale says this week could mark a turning point for bitcoin.Bitcoin’s 50% decline remains shallower than earlier cycle losses.The ...
Ethereum Taps $2,546 as ETF Cash and Shorts Fuel the Fire – Bitcoin News
Key TakeawaysETH rose 29.8% in 7 days and reached nearly $2,546.Coinglass recorded $264.92M in ETH liquidations within a $1.21B crypto ...
Robert Kiyosaki Calls Expanded Treasury Buybacks QE, Backs Bitcoin
Key TakeawaysKiyosaki characterized expanded Treasury buybacks as money printing.Treasury doubled certain long-term buybacks to at least $4 billion.Kiyosaki again favored ...
Bitcoin’s $100K Forecast May Be Too Low After Record Short Squeeze
Key TakeawaysStandard Chartered says its $100,000 bitcoin forecast may be too low.Bitcoin climbed to $79,500 on Aug. 21, its highest ...
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