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Weekly News

Powers On… When will we learn from recent history to protect our crypto and ourselves?

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

Stablecoins provide a false sense of security. They give the impression to the uninitiated and/or uncaring that a particular coin is pegged to the U.S. dollar, or an equivalent of…

Continue ReadingPowers On… When will we learn from recent history to protect our crypto and ourselves?

Cathie Wood’s Ark and 21Shares refile for spot Bitcoin ETF

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

The U.S. SEC rejected the application for the ARK 21Shares Bitcoin ETF in early April and has not approved a spot Bitcoin ETF so far. ARK Investment Management, an investment…

Continue ReadingCathie Wood’s Ark and 21Shares refile for spot Bitcoin ETF

ECB president’s anti-crypto comments trigger community responses

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

On a Dutch talk show, Christine Lagarde said that crypto is “worth nothing,” as there’s no underlying asset that backs the currencies. The crypto community has fired back at European…

Continue ReadingECB president’s anti-crypto comments trigger community responses

Former Binance executives launch $100 million venture fund

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

Old Fashion Research has been functioning since late 2021, but now officially comes out of the shadows. Multi-strategy blockchain investment fund Old Fashion Research (OFR) has completed its first close.…

Continue ReadingFormer Binance executives launch $100 million venture fund

Exchanges back ‘Terra 2.0 revival plan’ via airdrops, listing, buyback and burning

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

MEXC Global has pledged to carry out a month-long buyback-and-burn to reduce the circulating supply of the old Terra markets. The fall of Terra shook the entire crypto market. However,…

Continue ReadingExchanges back ‘Terra 2.0 revival plan’ via airdrops, listing, buyback and burning

BTC price breakout due ‘relatively soon’ as Bitcoin volumes spook traders

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

Low transaction activity is gathering importance as analysts forecast the return of volatility. Bitcoin (BTC) disappointed bulls on upside prior to the May 26 Wall Street open as BTC/USD returned…

Continue ReadingBTC price breakout due ‘relatively soon’ as Bitcoin volumes spook traders

WEF 2022: SWIFT probably won’t exist in 5 years, says Mastercard CEO

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

Michael Miebach, CEO of Mastercard, told an audience of blockchain executives that he expects SWIFT to phase out of existence in as little as five years' time. Mastercard CEO Michael…

Continue ReadingWEF 2022: SWIFT probably won’t exist in 5 years, says Mastercard CEO
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