Coinbase (COIN) was downgraded from buy to sell by Investment bank Goldman Sachs on Monday, while shares plunged over 5% in pre-market trading.  Goldman Sachs has downgraded Coinbase after several weeks of turbulence for the crypto exchange, setting a revised price target of $45, down from $70. Sha...
Crypto lender Nexo has issued a cease and desist letter in an effort to silence an anonymous Twitter account. The account, which styles itself in the third person as ‘Otter,’ published a series of tweets on June 26 claiming that Nexo’s co-founders had stolen funds from a charity. The tweets have gen...
Ripple announced the opening of a new office in Toronto, its first in Canada, which will serve as an engineering hub supporting its growth in North America, the company said in a news release. The distributed ledger tech company plans to hire 50 engineers in Toronto with the goal of expanding to hun...
Harmony Protocol, a proof-of-stake (PoS) blockchain, today tweeted an offer of a $1 million bounty for the return of $100 million in crypto stolen from the hack of its Ethereum-linked Horizon bridge on Thursday, as well for information on how the hack took place. The company added that it would “adv...
Singapore-based crypto exchange Bitget plans to double its workforce to 1,000 employees over the next six months despite the current market downturn, it said in a news release on Thursday. Since the beginning of the second quarter, the overall crypto market has been on a downward trend, which has cu...
The digital payments revolution that began during the pandemic is driving Latin American interest and use, as 51% of consumers in the region have made a transaction with crypto, a Mastercard survey shows. Additionally, more than a third said they’ve made a purchase with stablecoin, according to Mast...
Cryptocurrencies are currently used by more than 300 million people and experts claim that their popularity will continue rising in the future. To make things even better, governments around the world are now aware of the benefits that come with using these digital assets and are now becoming le...
Are you wondering whether the World Bank supports Bitcoin? If so, here's what this financial institution thinks about Bitcoin.  The World Bank, an international money lending institution, has raised concerns about the Bitcoin industry's lack of complete transparency. While this electroni...
Are you wondering what the IMF says about Bitcoin? Here is a guide on what the International Monetary Fund says about Bitcoin. The International Monetary Fund is worried and concerned about Bitcoin because the crypto market is growing at a significant pace, and regulations are not following s...
News
26 jun 2022
Bitcoin and Monetary Policy
Are you questioning if Bitcoin has a monetary policy? Read this detailed article to understand this digital asset and the monetary policy. Since Bitcoin was created in 2009 by Satoshi Nakamoto, the cryptocurrency has attracted the attention of consumers, policymakers, and the media. On the ot...

3 coins to keep an eye on 👀

Subscribe to receive a weekly selection of 3 coins to watch closely, based on upcoming events and technical analysis.