Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets
    30 Sep 2023
    148 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
    147 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
    170 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…