Crypto News Today

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Nouriel Roubini oversees the development of tokenized dollar replacement

Economist and cryptocurrency critic Nouriel Roubini is heading up the development of a tokenized asset to combat fears of rampant economic stagnation and inflation.

147 days ago, on 10/05/2022
UST stablecoin struggles to maintain $1 parity amid crypto market turbulence

During the market event, the price of UST hit a low of $0.9857 on Binance against USDT.

149 days ago, on 08/05/2022
LUNA drops 20% in a day as whale dumps Terra’s UST stablecoin — selloff risks ahead?

Excessive Terra supply coupled with UST supply contraction coincides with LUNA’s price decline.

149 days ago, on 08/05/2022
Gucci will accept cryptocurrency in stores

Italian fashion house Gucci will allow cryptocurrency payments in some stores in the US. Forms of crypto accepted include Shiba Inu, Bitcoin, and Dogecoin.

151 days ago, on 06/05/2022
Bitcoin Price Drops below $37K. BTC Price To Retest $27K Before Bullish Reversal

Bitcoin fell 8% in under 24 hours, dipping below $36,000 before stabilising. The crypto market as a whole dropped 7% within the same time period, with Ethereum losing 7% from yesterday’s price and the rest of the top 10 losing between 5% and 9%.

151 days ago, on 06/05/2022
Central African Republic becomes the second country to adopt Bitcoin as legal tender

The Central African Republic (CAR) became the second country in the world after El Salvador to adopt Bitcoin as legal tender. It is also the first to accept it as an official currency.

155 days ago, on 02/05/2022
Bored Ape Yacht Club caused Ethereum fees to soar to astronomical levels

A new NFT release from the Bored Ape Yacht Club overwhelmed the Ethereum network on Saturday night, causing gas fees to rise to thousands of dollars.

155 days ago, on 02/05/2022
Metaverse Investing: Bored Ape Creator to Sell $300 Million in Virtual Land

Yuga Labs plans to sell digital non-fungible token "deeds" to virtual real estate in its new game "Otherside."

157 days ago, on 30/04/2022
Swiss National Bank opposed to holding bitcoin as a reserve currency

The Swiss National Bank is against buying and holding bitcoin as a reserve currency, Chairman Thomas Jordan said at the central bank's annual general meeting on Friday.

158 days ago, on 29/04/2022
Bitcoin in your 401(k)? Fidelity just introduced it as an option

The investment firm set a limit at 20% for digital assets, though employers can lower that for their plan participants if they want

159 days ago, on 28/04/2022
Mark Cuban, other investors warn about risks associated with algorithmic stablecoins

Popular stablecoins such as Tether and USD Coin are backed by reserves of US dollars and other assets, preventing their prices from rapidly changing like those of some other digital tokens.

160 days ago, on 27/04/2022
4 Things That Need to Happen for Bitcoin to Reach $1 Million (By 2030)

Despite being so volatile, history shows us that bitcoin has been the best performing asset of all time. It has outpaced stocks, commodities, and bonds.

161 days ago, on 26/04/2022
Bitcoin repeats rare weekly chart signal that resulted in 50% BTC price dips

Two moving averages warn of a bear market-style price floor in the making, says analysis one month after Bitcoin’s weekly chart "death cross."

161 days ago, on 26/04/2022
Bitcoin is plunging again as central bank interest rate hikes pull investors away

Bitcoin extended this month’s losses in Monday trade as investors shied away from risk assets amid a more hawkish outlook for Federal Reserve policy tightening.

162 days ago, on 25/04/2022
King of the 'Lunatics' Becomes Bitcoin's Most-Watched Whale

Do Kwon is counting on the oldest cryptocurrency as a backstop for his stablecoin, which some critics liken to a ginormous Ponzi scheme.

168 days ago, on 19/04/2022
Terra's UST flips BUSD to become third-largest stablecoin

The Terra blockchain's algorithmic stablecoin Terra USD (UST) has flipped Binance USD (BUSD) to become the third-largest stablecoin on the market. The asset now trailing only behind industry giants Tether (USDT) at $82.8 billion, and USD Coin (USDC) at $50 billion.

169 days ago, on 18/04/2022
Bitcoin To Be "Well Above $50,000" by End of Year, SHIB To Reach $0.001

Bitfinex CTO Paolo Ardoino expects bitcoin to be "well above $50,000" by end of the year. Mike Novogratz, Galaxy Digital CEO doubled down on his $500,000 future prediction for bitcoin.

170 days ago, on 17/04/2022
BlackRock, Fidelity Back USDC Issuer Circle in $400M Raise

Circle, one half of the Centre Consortium behind stablecoin USDC, will use the funding "to drive the next evolution of Circle's growth."

175 days ago, on 12/04/2022
You can buy Shiba Inu coin on Robinhood now

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175 days ago, on 12/04/2022
Washington Debates Cryptocurrency Rules, With Sights Set on Stablecoins

Both Democrats and Republicans want to create new safeguards to help ensure that one stablecoin is quickly redeemable for one dollar, while at the same time warding off broader risk to financial markets. But despite bipartisan agreement about the need for new federal action on stablecoins, policy makers remain at odds about how and when to take it.

177 days ago, on 10/04/2022
Bitcoin Decoupling | Will Bitcoin Decouple in 2022?

While it may not have always been the case, bitcoin has stuck close to the indexes recently, but could bitcoin decoupling happen?

177 days ago, on 10/04/2022
Bank of America Says Crypto Could Outperform Bonds

Hartnett’s note to investors on Friday further said that commodities, cash, and cryptocurrencies "could outperform bonds and stocks" as a "recession shock" is coming.

179 days ago, on 08/04/2022
Mike Novogratz Doubles Down On $500,000 Bitcoin Prediction

Mike Novogratz has once again reiterated his support for the $500,000 future prediction for bitcoin. The Galaxy Digital CEO who was recently at the

179 days ago, on 08/04/2022
Treasury Secretary Janet Yellen Calls Crypto 'Transformative' in Wide-Ranging Speech

The U.S. official addressed CBDCs, stablecoins and regulations. A digital dollar could become a "trusted money comparable to physical cash," U.S. Treasury Secretary Janet Yellen said in her first speech on digital assets on Thursday.

180 days ago, on 07/04/2022
Meta is reportedly making 'Zuck Bucks'

Meta is working on a few finance projects, according to a Financial Times report, including a virtual currency employees have apparently taken to calling "Zuck Bucks."

180 days ago, on 07/04/2022
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