The U.S. debt ceiling reached its $31.4 trillion limit on Jan. 19, prompting calls for radical action, even removing the ceiling altogether. Bitcoin offers an alternative to the fiat system, which is ...
Tag: Spiraling
Binance/FTX Deal Sends Bitcoin, Other Cryptos Spiraling
In the immediate aftermath of the announced deal, they sent bitcoin’s price tumbling well below $20,000, its support of the last two weeks. Hours later, prices were bounding above the threshold. But b...
Tornado Cash Sanctions Are Spiraling Into Compliance Nightmares
Between Aug. 7 and Aug. 13, users sent in about 11,000 ETH (so this figure went down week-over-week) and sent out … 49,852 ETH. Tornado was sanctioned on Aug. 8, meaning the week-over-week figure near...
Minecraft Bans NFTs, Sending One In-Game Builder’s Token Spiraling
“To ensure that Minecraft players have a safe and inclusive experience, blockchain technologies are not permitted to be integrated inside our client and server applications, nor may Minecraft in-game ...
China Property Crisis Is Spiraling With Homebuyers’ Boycott
(Bloomberg) — Former UBS Group AG economist Jonathan Anderson once called it “the most important sector in the universe.” Most Read from Bloomberg More than a decade on, Chinese property is agai...
Fake Inflation Report Circulates, Sending Stocks Spiraling
NORTH MIAMI – FEBRUARY 20: Evelyn Bonilla shops for groceries at Lorenzo’s Supermarket as a new … [+] government report showed that consumer prices rose last month Februrary 20, 2008...
Turkey embraces Bitcoin and Tether as the lira keeps spiraling down
The volatility of the Turkish lira is pushing Turks to adopt cryptocurrencies as both a means of payment and a store of value. The country’s national currency has lost 40% of its value against the dol...