Bitcoin News Reader - Coinhills

Bitcoin has shown increased decoupling from the main asset classes of the traditional market. BTC's correlation with gold retracted from its all-time high to stand at 11% as of 31 May.  OveThe post Bitcoin is outshining again; is 2023 BTC's year? appeared first on AMBCrypto.


Bitcoin is outshining again; is 2023 BTC's year?

U.S. lawmakers have introduced a bill to prohibit the Federal Reserve from “establishing, carrying out, or approving a program intended to test the practicability of issuing” a central bank digital currency (CBDC). “CBDCs would threaten the liberties of law-abiding Americans and are being used by authoritarian countries right now to crack down on dissent,” said Congressman Alex Moo


US Lawmakers Introduce Bill to Halt Federal Reserve’s Digital Dollar Testing, Citing Concerns for American Liberties

Days after Digital Currency Group's TradeBlock started winding down operations, investment bank TD Cowen has also announced its crypto unit's closure.


Investment bank TD Cowen shuts crypto unit a year after opening

As per TRONSCAN, Tron’s total transactions crossed 5.7 billion.  Market indicators were bearish and suggested a further price drop. Tron [TRX] has been witnessing a decline in key networkThe post Tron has a new upgrade while TRX will... appeared first on AMBCrypto.


Tron has a new upgrade while TRX will...

Improving liquidity conditions so far this year has lifted risk assets such as cryptocurrencies, but the trend is poised to turn once the U.S. debt ceiling is lifted and the Treasury along with the Fed resumes tightening, analysts said.


Bitcoin, Crypto Prices Brace for Downturn in Coming Liquidity Shock, Observers Say

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Cardano [ADA] is still stuck in a range afteThe post Cardano fails at 'flipping' - Here's what it means appeared first on AMBCrypto.


Cardano fails at 'flipping' - Here's what it means

The latest gold reserves survey by the World Gold Council shows that central banks are less optimistic about the future role of the U.S. dollar while their confidence in gold has risen. “There was basically a lot more pessimism about the U.S. dollar and a lot more optimism for gold,” said the council’s director of Central Banks and Public Policy. Central Banks’ Confidence in US Dol


Central Banks Show ‘a Lot More Pessimism’ About US Dollar, Survey Shows

Luca Netz suggested that Pudgy Penguins is pushing for Web3/blockchain as a “back end not front end” approach, as it makes its IP as accessible as possible.


Stop shoving crypto ‘down people’s throats’ — Pudgy Penguins CEO on NFTs

On May 30, the United States Securities and Exchange Commission (SEC) announced that Ishan Wahi, the former Coinbase product manager, and his brother, Nikhil Wahi, had agreed to settle charges brought forth by the regulator accusing them of engaging in an insider trading scheme. SEC Settlement With Former Coinbase Product Manager In this way, the two defendants also agreed that the


Did The US SEC Just Endorse Ethereum After This Settlement?

Behind every PFP with thousands of followers on Twitter is a person. And in Web3, it’s not always best to trust one person’s word on whether or not to mint into an NFT collection.


Pixel Penguins, an NFT Charity Scam, Shows Dangers Of NFT Influencer Culture

MakerDAO, a decentralized money market on Ethereum for users to borrow and lend assets, including ETH, spends $27.66 million annually to keep the protocol running, DeFiLlama data on May 31 shows. This sum of money is utilized to cover expenses such as taking care of the 97 individuals responsible for maintaining the lending and borrowing protocol and ensuring that the code operates


MakerDAO Is The Most Expensive DeFi Protocol To Run, Requires Millions

Some Twitter users posted transactions showing large inflows of MULTI and FTM to Gate.io, leading them to perceive a connection between the two organizations.


Gate.io denies liquidity problems after Multichain CEO goes missing

Binance, the world's largest crypto exchange by market capitalization, responded to rumors about the company cutting its staff by 20%.

BTC Manager

Binance responds to layoff rumors, denies 20% staff cut

On Wednesday, Bitcoin reached a new milestone as its mining difficulty increased by 3.4% at block height 792,288, setting a fresh record. The difficulty level surpassed the 50 trillion mark for the first time in Bitcoin’s history, hitting an unparalleled 51.23 trillion. Bitcoin Mining Difficulty Jumps 3.4% Higher Data reveals that around 373 exahash per second (EH/s) of hashrate is


Bitcoin Mining Difficulty Surpasses 50 Trillion for the First Time, Reaching a Record 51.23 Trillion

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