Cryptocurrency

Bitcoin (BTC) is emerging as a safe haven asset, with the U.S. Treasury bonds falling out of favor in the wake of the Israel-Hamas conflict, according to Mohamed El-Erian, chief economic advisor at German financial services firm Allianz.“You have people talking about bitcoins, about equity, being the ‘safe asset’ because they’ve lost confidence…

Compass Mining, a Bitcoin (BTC) mining rig service, was notified that the owner of lucrative mining hubs 2 and 3 located in Georgia would shut down amid rising energy costs.  Since Compass sells Bitcoin mining hardware and contracts for facilities, it did not have an influence over the decision. According to a company-wide email on Thursday,…

Samson Mow, a well-known Bitcoin proponent, recently took to social media to talk about the centralization aspects of the upcoming Merge, which he claimed isn’t widely known.Ethereum is in the countdown mode after the completion of the Bellatrix upgrade on Sept. 6 and is all set for the official transition between Sept.13–15, depending on the…

Billionaire Elon Musk has been Dogecoin’s biggest supporter, and he has not been shy to say it. It was indeed the SpaceX CEO’s tweets that triggered the bull rally that saw the meme coin hit a high of $0.7 last year before starting its slow downtrend. However, even with the fact that Dogecoin has seemingly lost most…

Minneapolis CNN Business  —  The economy added 315,000 jobs in August, exceeding economists’ expectations but far below July’s blowout report, when employment surged by a revised 526,000 positions. The nation’s unemployment rate rose to 3.7% from 3.5%, and the labor…

The percentage of Bitcoin's (BTC) circulating supply that was last active on-chain at least a year ago has reached a record high of 70.35%, surpassing the previous peak of 69.35% in July, according to data tracked by blockchain analytics firm Glassnode.The new lifetime high reflects "a strong belief from bitcoin's holder base in the wake of…

The Los Angeles Lakers arena sponsoring and Matt Damon-endorsed cryptocurrency exchange Crypto.com accidentally transferred $10.5 million AUD (~$7.2 million USD) to an Australian customer instead of issuing a standard $100 AUD (~$68 USD) due to a pretty unfortunate typo. According to Australian news outlet 7News (via CoinTelegraph), the…

Russia is close to pushing legislation for the use of cryptocurrency in international trade.In current conditions “it is impossible to do without cross-border settlements in cryptocurrency,” the Bank of Russia and Ministry of Finance have reportedly agreed.The necessary regulatory framework will still need to be introduced.The Bank of Russia and…

This is an opinion editorial by Mike Ermolaev, head of public relations at the ChangeNOW exchange.As a retail trader or someone who just got started with bitcoin not long ago, you may be searching for clues about what to expect next with its price. A second opinion is also important for seasoned bitcoin investors to compare their own…

Many individuals find it difficult to save for retirement because of their financial circumstances.It turns out that whether or not you have a combination of certain behavioral traits can also make or break your investment goals, new research finds.Thomas Barwick | Stone | Getty ImagesPeople who find it easiest to financially prepare for…