Search
Close this search box.

June 2022

El Salvador’s 5 million bitcoin experiment isn’t saving the country’s finances

El Salvador’s $425 million bitcoin experiment isn’t saving the country’s finances

KEY POINTS Nine months in, El Salvador’s nationwide bitcoin experiment is struggling. The government’s bitcoin investment has been cut in half, bitcoin adoption nationwide isn’t really taking off, and the country needs a lot of cash, fast, to meet its upcoming debt payments of more than $1 billion in the next year. El Salvador bet […]

El Salvador’s $425 million bitcoin experiment isn’t saving the country’s finances Read More »

BITCOIN CAN FUND HIGH-QUALITY, EQUITABLE, HEALTHCARE FOR EVERYONE

BITCOIN CAN FUND HIGH-QUALITY, EQUITABLE, HEALTHCARE FOR EVERYONE

Creating a system distributed by the internet the same way Bitcoin exists could create accessible healthcare for everyone. THE CURRENT GLOBAL HEALTH CARE SYSTEM IS BROKEN Over 6.2 million people have died of COVID-19-related deaths as of June 13, 2022. This is despite $8.9 trillion or 9.8% of global GDP spent on healthcare in 2019 worldwide. More broadly, half the

BITCOIN CAN FUND HIGH-QUALITY, EQUITABLE, HEALTHCARE FOR EVERYONE Read More »

Market Wrap: From GBTC Discount to Short Bitcoin ETF, Traders See Reasons for Optimism

Market Wrap: From GBTC Discount to Short Bitcoin ETF, Traders See Reasons for Optimism

It’s hard to imagine that data showing traders piling into a trade designed to profit from further bitcoin price declines might be bullish, but that’s how some analysts are interpreting the signal. Hi, I’m Bradley Keoun, here to take you through the day’s crypto market highlights and news. Bitcoin (BTC) held steady at about $21,000

Market Wrap: From GBTC Discount to Short Bitcoin ETF, Traders See Reasons for Optimism Read More »

Finance Redefined: Uniswap goes against the bearish trends, overtakes Ethereum

Finance Redefined: Uniswap goes against the bearish trends, overtakes Ethereum

The top 100 DeFi tokens showed signs of recovery after last week’s mayhem, and many of the these tokens registered double-digit gains. This past week, the decentralized finance (DeFi) ecosystem tried gaining some momentum amid the bear market crash. Uniswap saw a trend reversal and overtook Ethereum regarding network fees paid. However, not all DeFi protocols were

Finance Redefined: Uniswap goes against the bearish trends, overtakes Ethereum Read More »

European stocks log best session in more than 3 months; tech shares gain 3.8%

European stocks log best session in more than 3 months; tech shares gain 3.8%

KEY POINTS Central banks last week made aggressive moves to rein in inflation, and investors are now hopeful that rising consumer prices will be brought under control as commodities prices pulled back sharply. However, this aggressive policy tightening path has stoked fears of a recession, which U.S. Federal Reserve Chairman Jerome Powell told Congress on

European stocks log best session in more than 3 months; tech shares gain 3.8% Read More »

Catheon Gaming Hires Mark Aubrey as New CEO To Drive Growth

Catheon Gaming Hires Mark Aubrey as New CEO To Drive Growth

Catheon Gaming, a major blockchain gaming, and entertainment company based in Australia, on Friday, announced the appointment of Mark Aubrey as the company’s new co-Chief Executive Officer. Aubrey will commence his new position effective July 11, 2022. Aubrey will work alongside William Wu, the Founder, and CEO of Catheon Gaming, to set the ground to support the

Catheon Gaming Hires Mark Aubrey as New CEO To Drive Growth Read More »

A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth .27 Million Moved on Friday

A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Moved on Friday

While the price of bitcoin is holding above the $21K per unit range, four bitcoin block rewards mined in 2010 were spent for the first time in over 11 years. The four block rewards were mined between September and October 2010 and the 200 bitcoin worth $4.27 million were transferred to an unknown wallet. 4

A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Moved on Friday Read More »

What is the role of DAOs in a bank-like business model?

What is the role of DAOs in a bank-like business model?

Decentralized autonomous organizations (DAOs) Decentralized autonomous organizations, or DAOs, are digital organizations powered by decentralized technologies that operate without the need for a central authority. DAOs are built on distributed ledger technologies (DLTs) such as blockchain technology and are designed to be transparent, secure and efficient. They offer a new way of organizing business and

What is the role of DAOs in a bank-like business model? Read More »

Bill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia

Bill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia

A bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor of another draft law banning their use as a means of payment. New Bill Targets Russian Platforms Issuing and Trading Digital Currencies Outside Law Persons

Bill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia Read More »