Economic bubbles occur when the price of an asset, such as stocks or real estate, is driven up artificially and becomes disconnected from its underlying value. An economic bubble is a time of fast economic expansion that is driven by speculative enthusiasm and excessively high asset prices. A bubble is characterized by an increase in...Continue Reading

There may be no single reason for BTC’s 39% January price gain, but some suspect institutional investors. Can their impact be quantified, though? Bitcoin experienced the second-strongest January in its history — and the best since 2013 — rising nearly 40% amid wide reports that institutional investors were back on board. Zhong Yang Chan, head...Continue Reading

The national regulators propose to distinguish four major types of products related to the crypto industry. Following the global regulatory race, Australia opened the public consultation on its own taxonomy of crypto assets. The national regulators propose to distinguish four major types of products related to the crypto industry.  On Feb. 3, the Australian Treasury...Continue Reading

The bankrupt crypto mining firm believes that the long-term benefits outweigh the immediate loss of handing over the machines. Crypto mining firm Core Scientific made a deal with the New York Digital Investment Group (NYDIG) to pay off an outstanding debt of $38.6 million by handing over more than 27,000 mining machines used as collateral. ...Continue Reading

With new capital, Binance plans to enable customer withdrawals and interest payments for Gopax’s yield product GoFi. Major cryptocurrency exchange Binance is coming back to South Korea with a new acquisition of the local crypto trading platform Gopax. Binance has acquired a majority stake in the troubled crypto exchange Gopax, re-entering South Korea after exiting...Continue Reading

Bitcoin price gains take a hit from a rising U.S. dollar as excitement over the Fed’s rate hike and market commentary fades. Bitcoin (BTC) headed toward $23,000 on Feb. 3 after a night of losses erased bulls’ latest progress. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar rebound halts crypto party Data from Cointelegraph Markets...Continue Reading

The billionaire has historically gone back and forth between having positive and negative sentiments around Bitcoin. While billionaire Ray Dalio believes that fiat is in jeopardy, he also thinks that neither Bitcoin (BTC) nor stablecoins are the answer. In response, crypto community members took to Twitter to express their opinion on the topic.  In a...Continue Reading

Scammers have been trying to trick customers by offering them the prospective return of their assets. Bankrupt crypto exchange FTX has acknowledged a recent spate of third-party scams and frauds aimed at swindling its already-embattled customers. On Feb. 3, FTX issued an alert to its customers regarding recent attempts by fraudsters to scam their customers,...Continue Reading

Users are posting massive files to the Bitcoin network via the Ordinals protocol, taking up block space and paying high fees to do so. Bitcoin Ordinals causes fees to spike The Bitcoin (BTC)-native Ordinals protocol is taking up record-breaking space on the blockchain and in the process is hiking the transaction fees on the network....Continue Reading

The sale is the first time Marathon Digital has sold its mined Bitcoin since October 2020, but a spokesperson said it wasn’t as a result of distress. The second largest publicly-listed holder of Bitcoin, crypto mining firm Marathon Digital Holdings has offloaded some of its Bitcoin for the first time in two years.  A spokesman told...Continue Reading