Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Debtors saved over $100M using de-pegged stablecoins to repay loans
Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged from the dollar. 2047 Total views 15 Total shares Own this piece of history Collect this article as an NFTThe depegging of USD Coin (USDC) and Dai (DAI) from the United States dollar prompted a frenzy of…

Hong Kong Is Paying Higher Prices for Bitcoin Amid Political Unrest
Bitcoin (BTC) has begun trading at a premium in Hong Kong as continued political uncertainty produces a widely-reported spike in demand. Copycat moves underline fiat distrustData from P2P Bitcoin exchange LocalBitcoins showed traders paying around $300 more per coin than elsewhere on Aug. 14, which translates into a premium of around 2%.Hong Kong is the latest…

Bitcoin rejoins with S2F model price putting $100K BTC price right on track
Bitcoin (BTC) is precisely following price predictions and not making investors wait longer for gains this bull cycle, says famous quantitative analyst PlanB.In a tweet on Dec. 17, the creator of the stock-to-flow price model noted that in its current halving cycle, Bitcoin’s growth is going as planned.BTC price hits $23,562 stock-to-flow targetDespite huge volatility…

Is Elon Musk Selling His Bitcoin?
A recent tweet storm from Elon Musk begs the question — is Tesla's founder selling his reportedly small Bitcoin holdings? 2290 Total views 44 Total shares As part of a recent series of nonsensical tweets, Tesla's eccentric founder, Elon Musk, expressed plans to sell all his physical possessions. Are his Bitcoin (BTC) holdings included in the…

Square Dollar Cost Averaging Lets Users Repeat Buy Bitcoin in Cash App
Bitcoin and stocks are now on the menu for Cash App users wanting to minimize the “impact of market swings,” the payment network says. 1274 Total views 33 Total shares Twitter CEO Jack Dorsey’s Square now allows its users to buy Bitcoin (BTC) automatically in the latest push to boost uptake of the largest cryptocurrency.Confirmed…

Bitcoin price eyes’ last dip’ before October breakout: Analysts
Bitcoin analysts are eying an October breakout, despite the current market slump, partly caused by continuous negative outflows from the US Bitcoin ETFs.

AI Meme Content Creators Benefit From New DeFi Revenue Model
Alethea AI, a decentralized Synthetic Content Network which tracks the usage and intellectual property of AI-generated content, has officially launched a new revenue model leveraging Decentralized Finance(DeFi) for content creators on March 30. DeFi plays an important role Alethea AI’s users can now leverage a new smart contracts revenue model to support their favorite synthetic AI-generated memes…

Arca Files With SEC to Issue Stablecoin-Like Digitized Shares on ETH Blockchain
Arca, an American institutional-grade investment manager, is seeking regulatory approval to issue digitized securities on blockchain, according to a filing document released on April 12.The company has filed with the United States Securities and Exchange Commission (SEC) to issue its Arca UST Coins — digitized shares that will be authenticated and then recorded in a…