Bitcoin, Terra, and Celsius meltdowns raise questions about crypto insurance

The crypto industry is cratering. Bitcoin prices are at their lowest since 2020; one platform has barred users from withdrawing funds, and many of the biggest crypto companies, including Coinbase and BlockFi, have announced layoffs. This disruption reflects the economic turmoil rippling through the broader market, but also serves as a stark warning to everyday … Read more

Kazakhstan Allows Registered Crypto Exchanges to Open Accounts at Local Banks – Exchanges Bitcoin News

Government officials in Kazakhstan have approved regulations that will govern interactions between authorized coin trading platforms and traditional financial institutions. The new rules will allow registered cryptocurrency exchanges to have bank accounts in the country. Pilot Project to Develop Kazakhstan Into Regional Crypto Hub Regulations allowing crypto exchanges registered at the Astana International Financial Center … Read more

Jay-Z’s bitcoin school met with skepticism in his former housing project: ‘I don’t have money to be losing’ | Jay-Z

Marcy Houses, the 28-acre public housing development in Brooklyn’s Bedford-Stuyvesant neighborhood, is best-known as a pillar of rapper-turned-mogul Jay-Z’s New York persona. Built in 1949 as part of a push by the New York City Housing Authority to house the city’s low-income residents, Marcy had fallen into a state of dangerous disrepair by the 1970s … Read more

Bitcoin Price Analysis And Macro Overview

Watch This Episode On YouTube or Rumble Listen To The Episode Here: “Fed Watch” is the macro podcast for Bitcoiners. Each episode we discuss current events in macro from across the globe, with an emphasis on central banks and currency matters. In this episode of the “Fed Watch” podcast, I sit down with Tone Vays, … Read more

Short Sellers Are Betting Big Money on Cryptocurrency’s Demise

Crypto contagion has spread into equities with digital asset exposure Short interest for multiple top crypto stocks has peaked this month Stock traders looking to profit from tumbling cryptocurrency prices took aim at major players in digital assets this week, with Coinbase and MicroStrategy among the hardest hit. Short sellers Monday bet more than $631 … Read more

Resistance is futile! 3 reasons why Bitcoin mining will never go away

In the summer of 2021, the Chinese government banned Bitcoin (BTC) mining and cited the typical concerns of harmful environmental effects and money laundering. Now, the Chinese government is working toward establishing its own digital yuan currency. This raises the question as to whether the original reasoning was merely a Trojan horse. This ban could … Read more

Self-Custody Is More Than a Feature

While markets are going up, people get more comfortable putting their cryptoassets into trusted third parties such as centralized exchanges and centralized lending platforms that promise increasingly enticing returns. The good times never last, though. Peak markets and monetary policy tighten risks, companies that overleveraged on the way up expose themselves to liquidity. If you … Read more