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Monthly Archives: May, 2023

Tether has $1.5B in Bitcoin reserves: BDO Italia

BDO Italia's latest attestation report for Tether revealed that Bitcoin (BTC) made up approximately $1.5 billion of the stablecoin issuer's reserves, or roughly 2%...

How Past Debt Limit Crises Shaped Biden’s No-Negotiation Stance

As a debt limit crisis loomed in 2011, Vice President Joseph R. Biden Jr. described early negotiations with Republicans as civil, at one point...

Kevin McCarthy is Not Calling on George Santos to Resign

Speaker Kevin McCarthy, who has made no move to penalize or marginalize Representative George Santos even in the face of mounting allegations of misconduct...

Rehypothecation May Be Common in Traditional Finance, but It Will Never Work With Bitcoin

To illustrate, the software industry has enjoyed the margins it does because of the inherent ease in replication of digital information: there’s essentially zero...

4 answers on EPA’s looming power plant rules

This time, the agency will push utilities to capture a share of their carbon pollution before it escapes into the sky, according to four...

Ethereum derivatives flirting with bearishness: Mind the $1,820 support

After a brief overshoot above $2,000 on May 6, the Ether (ETH) price has returned to the tight range between $1,820 and $1,950, which...

USDCAD stalls rally near 100 hour MA/swing area today. Increases areas importance

The USDCAD has seen down and up price action today. The low for the pair was reached soon after the CPI data this...

Decentralized Crypto Exchange Uniswap Weighs Proposal to Enrich Token Holders

Uniswap v2 has nearly $1.2 billion total value locked and has averaged roughly $367 million in daily volume on Ethereum during the past week,...

Gold Prices Tepid Despite Lower Yields Post-CPI. Is the Bullish Case Over?

GOLD PRICES FORECAST:Gold prices retreat and gives up early session gains induced by the April U.S. inflation reportU.S. Treasury yields move lower, but fail...

Migrant Crossing Surges Aren’t New. Why Is the Border Overwhelmed?

President Biden’s tenure has coincided with a global rise in migration, and the pressure has been felt acutely at the United States’ southern border....

US lawmakers hold EU and UK as examples of crypto regulation in joint hearing

Some members of the United States House of Representatives’ Financial Services and Agriculture Committees pointed to crypto asset frameworks being employed outside the country...

U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy

According to bankruptcy filings dated April 27 and 28, the IRS put forth 45 claims against FTX companies, which include West Realm Shires (the...

Bitcoin Ordinals make their way to Binance: Nifty Newsletter, May 3–9

In this week’s newsletter, learn about emerging technologies creating new ethics for humankind. Read about the nonfungible token (NFT) marketplace Binance NFTs adding support...

Milady NFT floor price surges after Elon Musk tweet

On May 10, American business magnate Elon Musk tweeted a meme created using imagery from the Milady nonfungible tokens (NFT) collection. Shortly thereafter, the...

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