Fitch cited policy unpredictability stemming out of the increased concentration of power in the presidency, weakening institutions, and the legalization and adoption of Bitcoin as the reason for lowering the rank. Reasons Behind The Move As per the official post, “heightened” financing risks arising from growing dependency...
Leading Israeli bank, Hapoalim Bank, has recently filed a letter of defense to dismiss the claims of the 69-year-old pensioner, Esther Freeman, to allow the deposit of $320k profit she made from a $3,000 Bitcoin investment nearly nine years ago. According to a Thursday report by...
New York City elected bitcoin enthusiast Eric Adam as its Mayor in November last year. And, he famously received his first paycheck in BTC. But that doesn’t settle the debate if New York is indeed a bitcoin-friendly state. Billionaire investor Bill Ackman urged on Wednesday Governor...
The liquidations in the crypto market skyrocketed to $200 million on a daily scale as bitcoin, and most altcoins, dumped and pumped in a matter of hours. This came following reports about the US inflation rates, which spiked to a new 40-year high. CryptoPotato reported earlier...
Key Support levels: $3,000, $2,805 Key Resistance levels: $3,400, $3,750 Despite a decreasing volume as the price goes up, ETH continued to perform well this week and increased substantially. The key resistance sits at $3,400, and the cryptocurrency appears ready to test this level before any significant...
In the last few years, game lovers have been given more options, especially with the rise of non-fungible tokens. As the NFT space continues to grow around the world, gaming is clearly not being left behind. The last few months have seen more NFT-based games being...
Bitcoin’s price tumbled by about $1,000 in less than a few minutes as the numbers for January’s consumer price index came on. The Consumer Price Index (CPI) is used to gauge the average change over time in the prices that are paid by urban consumer for...
The world’s largest cryptocurrency exchange continues with its expansion as this time it aims at one of the most well-known magazines and digital publishers – Forbes. Binance has agreed to invest $200 million in the century-old company to help it merge with a SPAC. Citing unnamed...
Barely two days after the U.S. Department of Justice (DOJ) seized about $3.6 billion worth of BTC related to the 2016 Bitfinex hack, dozens of individuals have started laying claims on the bitcoin fortune. According to a Bloomberg report, the DOJ has seen a massive surge...
The $38.15 million deal will focus on promoting Terra across various parts of the sports franchise’s home venue and TV network. Implementation of Terra’s UST stablecoin as an accepted currency in venue transactions is yet another area of interest, said the baseball team. Enhancing the Terra...