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Fed conference hears stablecoins may boost USD as global reserve currency

The underlying tech of a central bank digital currency wasn’t enough to convince some panelists at a Fed conference that it could change the international currency system.

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Institutional Interest in Shorting Bitcoin Rises to Record Levels in US (Report)

Exposure to shorting Bitcoin’s price saw record inflows of $51 million last week as the asset crumbled below $20,000, a new report showed. Shorting Dominates in the US According to…

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The Wolf of Wall Street: Investors Will ‘Almost Certainly’ Profit by Hodling BTC for 3 years

The popular public figure Jordan Belfort (better known as “The Wolf of Wall Street”) advised investors to look at bitcoin as a long-term investment. In his view, those who hold…

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Bitcoin Miner Revenues Surpass Ethereum for the First Time in a Year: Report

For the first time in almost a year, revenues for Bitcoin (BTC) miners surpassed those of Ethereum (ETH) in June. But even then, both digital assets have shown dwindling profit…

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Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,100 as BTC Briefly Hits $20K on Tuesday

BTC briefly rose back above $20,000 on Tuesday, as U.S. markets reopened following yesterday’s Independence Day holiday. Prices of ETH also surged, climbing over its $1,100 resistance level. Overall, the…

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