In a move that has sparked debate, Balaji Srinivasan, former Coinbase CTO and prominent crypto entrepreneur, destroyed $1 million worth of Bitcoin to showcase the concept of “crypto burning.” Srinivasan announced the destruction of his Bitcoin holdings through a tweet…
Bitcoin is Hope and an Escape Route When Disaster Strikes
Bitcoin has often been described as Plan B by many of its supporters. It has been created to help the common person take back control from the financial elite. This is what Robert F. Kennedy Jr is trying to say…
Crypto as an Excellent Hedge, Debunking the Presidential Report
In March 2023, an annual report prepared by the Council of Economic Advisers was submitted to the United States Congress. The Economic Report of the President provides an overview of the nation’s economic progress during the previous year and the…
New Survey Shows 20% of Americans Own Cryptocurrency, With Bitcoin Leading the Way
Coinbase, one of the largest cryptocurrency exchanges in the world, recently conducted a national survey of 2,000 American adults to gauge the adoption and perception of cryptocurrencies in the United States. The results of the survey suggest that cryptocurrency ownership…
BitTorrent Collaborates with Huobi to Develop Promising L2
Huobi, a crypto exchange headquartered in Singapore, announced that it will join the BitTorrent Chain (BTTC) ecosystem and support the development of a Layer 2 network on BTTC. The collaboration will promote an on-chain open financial system. This partnership will…
Reserve Bank of Australia Takes a Step Closer to CBDC with eAUD Pilot Phase
The Reserve Bank of Australia (RBA) has announced plans to launch a pilot program for a central bank digital currency (CBDC), which will be led by former Ripple executive, Dilip Rao, and in collaboration with the Digital Finance Cooperative Research…
Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT), and Cosmos (ATOM) Price Analysis for the Week
The Crypto Total Market Capitalization closes –at 2.75% last week, which as a result caused a sell-off in the Altcoin market. The Altcoin Market Capitalization aka Others Market cap closes at -5.69% last week. In this article, I will share…
Bitcoin and Ethereum are here to stay- Circle CEO Jeremy Allaire
The Wall Street Journal has reported that the SEC is investigating whether stablecoin issuance violated investor protection laws, marking the latest hit to an industry that has been rattled by layoffs and bankruptcies. Stablecoins are digital tokens that are pegged…
Reuters news is inaccurate confirms Visa’s, Head of Crypto
Yesterday Feb 28th, 2023 Reuters published an article stating “Visa, Mastercard pause crypto push in wake of industry meltdown” – sources” which was featured by Yahoo News as well. However Visa’s Head of Crypto, Cuy Sheffield confirmed on twitter that…
Coinbase launches “Crypto435” campaign to grow crypto advocacy and to make your voice heard
Coinbase announce’s the launch of Crypto435, a grassroots campaign aimed at promoting pro-crypto policies. It is the perfect opportunity to sway opinions in all 435 Congressional Districts across the United States, and now is the time to act.’ Link to…