The International Monetary Fund is a predatory lending institution that issues dollar-denominated debts to developing countries. Recent clientele include Argentina, Ecuador, and Greece, whose economies were leveraged to the brink of collapse. What if the IMF could do that, but with a blockchain?
In a recent video, the IMF provides
On August 20th, peer-to-peer exchange platform Bisq shared it had processed its 70,000th trade, after facilitating 20,000 trades in the previous six months.
Bisq hits 70,000 all-time trades. Source: Bisq
Bisq processes crypto-to-fiat and crypto-to-crypto trades without a third party. Bisq’s official GitHub page describes the
Earlier this year, fears were rife on Twitter of a Bitcoin "miner capitulation" in response to the March price crash and the block reward halving just months later. After the halving, certain analysts argued that the median miner was in the red as long as bitcoin traded below
Earlier this year, fears were rife on Twitter of a Bitcoin "miner capitulation" in response to the March price crash and the block reward halving just months later. After the halving, certain analysts argued that the median miner was in the red as long as bitcoin traded below
The International Monetary Fund is a predatory lending institution that issues dollar-denominated debts to developing countries. Recent clientele include Argentina, Ecuador, and Greece, whose economies were leveraged to the brink of collapse. What if the IMF could do that, but with a blockchain?
In a recent video, the IMF provides
On August 20th, peer-to-peer exchange platform Bisq shared it had processed its 70,000th trade, after facilitating 20,000 trades in the previous six months.
Bisq hits 70,000 all-time trades. Source: Bisq
Bisq processes crypto-to-fiat and crypto-to-crypto trades without a third party. Bisq’s official GitHub page describes the
Bitcoin startup Zap is launching a cash back option for users of its Lightning payment app Strike. The feature called “Cashback by Strike” allows users to earn money back on Strike when they make payments via the Lightning Network.
Strike is a platform created by Zap that enables Lightning payments
According to the on-chain market analysis firm Glassnode, Bitcoin reserves on exchanges in August fell to a level unseen since June 2019. This indicates that retail investors are not intending to to sell their bitcoin.
When retail investors move to sell their bitcoin holdings, they typically send their funds to
According to data from the Commodity Futures Trading Commission (CFTC), hedge funds are net short the U.S. dollar for the first time in two years. The decline in demand for the dollar could benefit Bitcoin in the long term as it is increasingly perceived as a store of value.
Investment firm Grayscale’s assets under management surpassed $6 billion USD for the first time, the firm’s CEO Barry Silbert shared, showing a continuous increase in institutional demand for Bitcoin.
Grayscale operates various regulated publicly-traded investment vehicles that tailor to accredited and institutional investors.
The firm’s most widely-used
$71 billion USD banking giant Goldman Sachs anticipates the S&P 500 to surge 20% by the year’s end. Since April, Bitcoin and the S&P 500 have been seeing some correlation, and favorable market conditions could benefit Bitcoin’s long-term trajectory.
David Kostin, the chief U.
