Nick Chong

Data released by the Federal Reserve on Thursday has shown a new all-time high in the central bank's balance sheet. The U.S. monetary authority now holds $7.177 trillion worth of assets—from exchange-traded funds and Treasuries to mortgage-backed securities and credit facilities.  $7.177 trillion is

Announced on October 23rd, Riccardo Casatta has received a grant of an undisclosed amount by Square Crypto. Square Crypto is the Bitcoin-focused development branch of $80 billion financial technology company Square.  Casatta is a Blockstream engineer currently on sabbatical as he intends to work on the Bitcoin Development Kit with

One of the few macro investors to predict the 2008 Great Recession, Raoul Pal, thinks Bitcoin will act as a "life raft" amid these unprecedented geopolitical and macroeconomic times. How Raoul Pal Found Bitcoin The investor released a 35-minute video on Tuesday outlining why he thinks so. After

Bitcoin's surge past $13,000 has not gone unnoticed by the mainstream media. CNBC brought on Meltem Demirors, CSO of CoinShares, then billionaire Wall Street investor Paul Tudor Jones to talk about the cryptocurrency after the rally. In Tudor Jones' interview on Thursday morning, the hedge fund

Bitcoin has broken strongly higher over the past few days after consolidating in the low-$11,000s. The leading cryptocurrency currently trades above $12,000, which has been highlighted by analysts as an important level of technical resistance.  It isn't clear what exactly is driving Bitcoin higher in

In a testament to the growing fundamental strength of Bitcoin, the mining difficulty on the network has set a new all-time high, nearing 20 trillion after a 3.62% gain on Sunday, according to data from BTC.com. The adjustment comes after the Bitcoin hash rate, too, soared to record

Court documents released on October 19th indicate that the U.S. Financial Crimes Enforcement Network (FinCEN), a branch of the U.S. Treasury, is penalizing Larry Dean Harmon for Bank Secrecy Act and anti-money laundering law violations.  Harmon, based in Ohio according to the document, is the operator of two

Many of the world's foremost central banks are signaling that the monetary world is about to undergo a dramatic overhaul. At the core of this: central bank digital currencies (CBDCs), government-sanctioned digital assets that will theoretically allow an expansion of monetary policy and encroachment on privacy.  Analysts say