WTF happened 53 years ago today — Why the Nixon shock is still affecting us all

Digital asset management fund Grayscale Investments’ Bitcoin Trust (GBTC) is up almost 300% on the year, data from Morningstar via the Wall Street Journal (WSJ) reveals.As of July 9, the investment instrument is yielding a 296% appreciation YTD — a stratospheric increase as compared with mainstream investments reflected in the S&P 500 (18.7%) and Global…

Monday, June 17 — most of the top 20 cryptocurrencies are reporting significant losses on the day by press time, as Bitcoin (BTC) falls under the $10,800 mark again.Market visualization courtesy of Coin360Bitcoin is currently down about 19.67% on the day, trading around $10,695 at press time, according to Coin360. Looking at its weekly chart,…

The latest Bitcoin correction triggered a record $500 million worth of liquidations in 60 minutes on major exchanges. 1162 Total views 10 Total shares The Bitcoin markets emphatically rejected the $60,000 price range on March 15, with excessive leverage driving a record $500 million worth of long liquidations over just 60 minutes.Glassnode’s founders, Jan &…

The COVID-19 pandemic dominated the news in 2020, affecting myriad sectors — health, economics, social justice, politics and trade, as well as the cryptocurrency and blockchain industry. As country after country locked down to halt the virus’s spread, governments seized upon stimulus payments to preserve economic life. While necessary, these measures raised the specter of global…

“The Market Report” with Cointelegraph is live right now. In this week’s show, Cointelegraph’s resident experts discuss what metaverse projects you should keep an eye on besides the obvious choices — namely, The Sandbox and Decentraland. 676 Total views 4 Total shares This week on “The Market Report,” we jump right into our main event.…

The world’s largest producer of palladium and high-grade nickel is joining a multi-stakeholder initiative that uses blockchain technology. 2098 Total views 7 Total shares "Mining" may be most frequently used in the crypto industry to refer to the process by which digital currencies are collectively generated — but there are contexts in which firms are…

In June, the SEC updated its regulations to better oversee cryptocurrency platforms and exchanges and improve monitoring of digital asset trading.

Proceeds were spent on luxury cars, jewellery and real estate, rather than cryptocurrency mining and trading, shock. The operators of a global cryptocurrency-based Ponzi scheme have been charged with fraud and money laundering following a United States Homeland Security Investigations (HSI) probe.According to an announcement from the U.S. Department of Justice, four of the five…

The SEC has retracted its request for a court ruling to classify tokens such as Solana, Cardano, Polygon and others as securities.