Key takeaways:Bitcoin (BTC) has historically maintained an inverse relationship with the US Dollar Index (DXY), which tracks the dollar’s strength against a basket of major foreign currencies. While this correlation shifts over time, Bitcoin’s drop below $114,000 on...
Brazil’s House of Representatives will hold a hearing on Aug. 20 to discuss a bill proposing the creation of a national Bitcoin reserve in the country. According to the House website, at least six institutions are slated to...
Verb Technology Company's stock skyrocketed more than 200% intraday on Monday after it announced a $558 million PIPE deal and a pivot toward crypto. The social commerce company said it plans to rebrand as TON Strategy Co.,...
The iconic “disappearing” statue of pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto, reported stolen on Saturday, has been recovered, according to Satoshigallery, the art collective responsible for installing the statue. Municipal workers from the city of Lugano, Switzerland, recovered the...
Key takeawaysCrypto investigator ZachXBT criticized Token2049 for poor sponsor vetting, warning that platinum sponsorships don’t equate to legitimacy. Several sponsors he flagged turned out to have shady records.JPEX and HyperVerse used event sponsorships to project credibility. Both later...
