Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets
    30 Sep 2023
    133 Views

    The losses on U.S. Treasurys recently surpassed $1.5 trillion, and the likely outcome is turbulent markets, but how will Bitcoin price fare? The United States economy has been facing turbulent times lately, with the U.S. Personal Consumption Expenditure (PCE) inflation index rising by a significant 3.5% over the past 12 months. Even when excluding the…

    Pond0x DEX claims $100M in trading volume as critics allege it’s a scam
    30 Sep 2023
    131 Views

    Pond0x reported that its DEX reached $100 million in cumulative volume, citing a Dune dashboard as evidence. The Pond0X decentralized exchange (DEX) has reached more than $100 million in total trading volume, according to a Sept. 28 social media post from its official channel. Investors previously lost over $2 million in the launch of the…

    Bitcoin ETFs: A $600B tipping point for crypto
    30 Sep 2023
    156 Views

    A new report indicated Bitcoin ETFs could release $600 billion in new demand — double Bitcoin’s current market cap. Here’s some math behind the estimates. A United States appellate court directed the Securities and Exchange Commission in August to reassess its denial of Grayscale’s application for a Bitcoin exchange-traded fund (ETF). A little-noted consequence of that decision…

    Buenos Aires to issue blockchain-based digital ID
    29 Sep 2023
    124 Views

    The first documents available on-chain in Buenos Aires will include birth and marriage certificates, along with proof of income and academic verification. Buenos Aires, the capital of Argentina, is making a major move toward integrating its bureaucracy with blockchain technology. Starting in October, the city’s residents can access identity documents via a digital wallet, according to an…

    Bitcoin halving to raise ‘efficient’ BTC mining costs to $30K
    29 Sep 2023
    144 Views

    Bitcoin miners may see “severe” economic consequences from BTC price action staying below $30,000 after the 2024 halving, Glassnode warns. Bitcoin Ordinals are boosting miner profits, but “income stress” is looming, new research warns. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode predicted fresh problems for miners after Bitcoin’s next block subsidy halving….

    Europe drives institutional crypto adoption: Blockchain Expo Amsterdam
    29 Sep 2023
    202 Views

    Conversations with key speakers at the Blockchain Expo Europe in Amsterdam suggest that cryptocurrency exchanges and companies see the continent as a key region for growth. Europe remains fertile ground for the cryptocurrency ecosystem to flourish compared with harsher regulatory environments, according to prominent speakers at Blockchain Expo Europe 2023 in Amsterdam. Cointelegraph attended the…