Inflation Keeps Rising
Happy Tuesday, Blockfolians The Lede Well, the latest CPI numbers are out, and they’re not pretty. Inflation rose 0.9% month over month and 5.4% year over year. This was higher…
UAE Central Bank Unveils Plan to Launch Digital Currency
The Central Bank of the United Arab Emirates has unveiled its plan to launch a digital currency as part of its 2023-2026 strategy to become one of the world’s top…
New York Fed Survey Shows Inflation Expectations Highest Ever Recorded
American inflation expectations have surged according to the results of the latest New York Federal Reserve Survey of Consumer Expectations. The presumed inflation rate tapped the highest point since 2013…
Whale From 2012 Transfers 740 Bitcoin Worth $26M After BTC Sat Idle for 9 Years
On July 12, an old whale from 2012 spent 740 bitcoin worth roughly $26 million at the time of transfer after nine years of choosing not to move the coins.…
Oldest US Bank BNY Mellon to Provide Grayscale Bitcoin Trust With Asset Servicing and ETF Services
Grayscale Investments has engaged the oldest bank in the U.S., BNY Mellon, to provide asset servicing for its bitcoin trust. The bank will also provide ETF services for the bitcoin…
Dominant Crypto Exchange Maintains Rank As Trading Volumes Tumbled in June: Report
Trading volumes plunged more than 40% in June across multiple cryptocurrency exchanges as tokens move sideways through a two-month correction. Following a storm of bad news for the cryptocurrency space,…
Bitcoin Showing Signs of Potential Bounce: Crypto Analytics Firm Santiment
Prominent crypto analytics firm Santiment is revealing some potential signs that Bitcoin may be ready for a bounce up in price after weeks of sideways trading. Santiment shares two metrics…
