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Crypto Biz: Step aside, Warren Buffett; stablecoin issuers hold more US debt than Berkshire Hathaway

Warren Buffett raised eyebrows this week when his firm, Berkshire Hathaway, upped its exposure to United States Treasury bills. If you’re one of the few remaining bulls out there, Buffett’s flight to safety is concerning because it signals that the Oracle of Omaha would rather get 3% yield instead of playing the stock market. If […]

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Deconstructing sidechains — The future of Web3 scalability

By far, the innovation with the most impact in the Web3 world this year is the sidechain. The highest-volume blockchain providers in the world — Binance, Polygon, Ankr and Avalanche — have all recently released sidechain functionality. They are investing hundreds of millions into these new implementations — and with good reason. Sidechains are the […]

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Bitcoin ends week ‘on the edge’ as S&P 500 officially enters bear market

Bitcoin (BTC) struggled to recover its latest losses on May 21 after Wall Street trading provided zero respite. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price reflects drab stocks performance Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading at dipping below $28,700 into the weekend, subsequently adding around $500. Down 4.7% from the […]

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Axie Infinity hacked for $612M, OpenSea expands support to Solana, EU’s unhosted wallet regulations cause a stir: Hodler’s Digest, March 27-April 2

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Crypto industry fires back after EU vote to block ‘unhosted’ […]

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El Salvador’s Bitcoin Law: Understanding alternatives to government intervention

Last year, El Salvador dominated headlines as the first country to adopt Bitcoin as legal tender. The move is controversial both in and outside of the country, heralded for its potential to bring financial services to large portions of El Salvador’s unbanked population and criticized for its top-down implementation. This has created a sense of […]

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Crypto mainstream adoption: Is it here already? Experts Answer, Part 3

Sebastian is the chief strategy officer at Coinsource, a Bitcoin ATM provider in the United States. “In 2022, we expect more countries to follow El Salvador’s lead and adopt Bitcoin as legal tender, particularly countries across Latin America and Asia. As a result, we anticipate an increase in the number of Bitcoin ATMs across Latin […]

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How cautiously bullish Bitcoin traders use options to maintain BTC exposure

Bitcoin (BTC) traders appear undecided on the next step and this is reflected in the price oscillating between $58,400 and $63,400 over the last 14 days. There are some bearish signals coming from the United States regulatory front, but at the same time,the Bitcoin exchange-traded funds (ETF) surpassing $1.2 billion in assets under management has […]

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El Salvador acts on Bitcoin price dip and buys 150 BTC

Despite warnings from global agencies regarding its adoption of Bitcoin (BTC), El Salvador’s government continues to seize market opportunities.  As the Bitcoin price fell below $46,000 on Monday morning, Salvadoran President Nayib Bukele announced on Twitter that the country has “bought the dip.” With 150 new coins, the Central American government now holds 700 BTC, […]

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Avocații lui Brad Garlinghouse depun cerere pentru documente Binance în contestația „internațională” a procesului SEC

Procesul dintre Ripple Labs și US Securities and Exchange Commission, sau SEC, implică acum schimburi majore de criptare Binance, după o înregistrare recentă în numele CEO-ului Ripple, Brad Garlinghouse. Potrivit documentelor judecătorești depuse luni în districtul de sud al New York-ului, echipa juridică a lui Garlinghouse a solicitat documente „relevante pentru caz și care nu […]

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Fostul întreținător al lui Monero a fost arestat în SUA pentru acuzații care nu au legătură cu criptomoneda

Riccardo Spagni, fostul întreținător al criptomonedei Monero ( XMR ), a fost arestat luna trecută la Nashville, Tennessee, pentru acuzații de fraudă legate de presupuse infracțiuni în Africa de Sud între 2009 și 2011. Spagni se afla la bordul unui avion privat care urma să zboare spre Los Cabos, Mexic, când a fost reținut la […]