After the SVB Fallout, Tim Draper Advises Companies to Retain Their Bitcoin Holdings
Venture capitalist Tim Draper suggests that businesses hold at least two payrolls worth of cash in Bitcoin or other cryptocurrencies as a hedge against deteriorating economic conditions, as CryptoSlate reveals. He believes that the collapse of banks such…
Bitcoin’s Market Capitalization Exceeds Visa and JPMorgan Due to the Banking Crisis
Bitcoin’s market capitalization has soared to $524.14 billion, making it the 11th highest asset globally and surpassing traditional finance giants such as Visa and JPMorgan Chase. The recent surge in buying pressure is believed to be due to…
“Deep Market Anxiety” in the Cryptocurrency Sector Was Caused by “Aggressive Regulatory Actions”, Circle CEO Claims
Circle CEO Jeremy Allaire has expressed concerns about the risks facing the crypto market because of the exposure to the US Dollar and regulatory risk in the US financial system. He has urged US policymakers to adopt a…
Telegram Implements the Possibility to Transfer USDT in Chats
Telegram developers once again give users the chance to enjoy an even better app than before. Telegram users can now send and receive USDT, meaning the world’s largest stablecoin by market cap, within chats through the messaging app’s…
Florida’s Governor Ron DeSantis Aims to Ban CBDCs
Governor Ron DeSantis of Florida has expressed his strong opposition to the use of central bank digital currencies (CBDCs) and has urged other states to follow suit. In a recent address, the governor emphasized that he wants to…
Bitcoin Surpasses $28,000, While Other Cryptocurrencies Also Increase Their Value
Placing your bet on bitcoin seems to be a more and more beneficial act, as the famous cryptocurrency is once again exceeding expectations in a good way. Bitcoin, the leading cryptocurrency, experienced a significant surge in its value,…