The Daily Hodl: Banking Giant JPMorgan Says Lowered Cost of Bitcoin Production May Hurt Its Price

cryptodaily.co.uk: Crypto Weekly Roundup: The Merge Scheduled, Celsius Repays Aave, 3AC Founder Reappears, GameStop NFT Flourishes, And More

Sunday, 17 July 2022 08:52

Despite repaying its MakerDAO loan earlier this month and repaying the Aave protocol earlier this week, crypto lending company Celsius was forced to declare bankruptcy under Chapter 11, which would allow for a restructuring of the company. Let’s dig deep into this story and many other noteworthy…

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The Block: Australian central banker says privately issued, regulated digital currencies may have benefits: Reuters

Sunday, 17 July 2022 11:44

The G20 panelists agreed that more needed to be done to create an appropriate regulatory system. The post Australian central banker says privately issued, regulated digital currencies may have benefits: Reuters appeared first on The Block.

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CryptoPotato: PoW and PoS Are Crypto Versions of Fossil Fuel Cars and Electric Vehicles: ECB Report

Sunday, 17 July 2022 12:48

The bank has published a new paper on crypto’s energy consumption, this time likening PoW to fossil fuel cars and PoS to electric vehicles.

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Watcher Guru: Australian Central Bank Governor Stated That Digital Assets Issued Privately Can Be Beneficial

Sunday, 17 July 2022 14:41

Philip Lowe, the Australian central bank governor, spoke at the G20 official meeting, stating that privately issued digital…

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The Coin Shark: CZ talks about banks and expansion to the Philippines

Thursday, 14 July 2022 17:30

CZ talks about banks and expansion to the Philippines? The head of Binance, Changpeng Zhao, praised the decision of the Basel Committee (BCBS), which requested advice on banks and their exposure to risk when dealing with digital assets. This committee standardizes the regulation of banks around the…

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The Block: Circle discloses $55.7 billion worth of cash, Treasury reserves

Thursday, 14 July 2022 23:19

Circle has started sharing detailed disclosures about its USDC reserve assets on a monthly basis. The post Circle discloses $55.7 billion worth of cash, Treasury reserves appeared first on The Block.

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CoinCodex: When Will Bitcoin Bottom Out From Its Current Bear Market?

Friday, 15 July 2022 09:22

Since last year, Bitcoin has been a popular topic in mainstream media. It became one of the best-performing assets of the decade and rallied to all-time highs of $69,000 despite regulatory pressure and the coronavirus pandemic. With this in mind, it’s not surprising that Bitcoin’s crash from…

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Pomp: 3 certainties in life: Death, taxes, and ever-increasing monetary intervention

Friday, 15 July 2022 13:19

To investors, Below is a guest post from Jan Wüstenfeld analyzing consumer price inflation, monetary inflation, and whether bitcoin is a hedge against one or both. Jan is pursuing a Ph.D. in Economics in Germany and is an on-chain analyst for Quantum Economics. He writes

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ZyCrypto: Bitcoin, Ether, XRP, Cardano Steady Despite Worse Than Expected CPI Data — BTC Finally Inflation Proof?

Friday, 15 July 2022 14:23

Bitcoin continued to exude strength on Friday despite worse-than-expected inflation figures earlier in the week.

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The Daily Hodl: Banking Giant JPMorgan Says Lowered Cost of Bitcoin Production May Hurt Its Price – Here’s Why

Friday, 15 July 2022 19:55

Analysts at financial giant JPMorgan say the reduced cost of producing Bitcoin (BTC) may hurt the price of the leading digital asset. According to a new report, JPMorgan analysts say Bitcoin’s cost of production has dipped from $24,000 in June to $13,000 now, a decrease that may…

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