Bitcoin and Crypto News

Daily expert insights on cryptocurrencies, blockchain, NFTs and more

Now is the right time for Bitcoin, here is why

Mar 13, 2023

Bitcoin was born as an idea in 2008 when its whitepaper got published. Only a few months later, on January 3rd, 2009 the so-called Genesis block was mined and the Bitcoin network started working. Only 14 years later the United States and the world are facing a very similar situation to the one we saw between 2007 and 2009. Some banks acted irresponsibly and without a bailout, there might be a contagion effect that kicks in. Many people believed that bailouts are out of the question after the failure of Lehman Brothers.

Stablecoin USDC loses 1 dollar value after US bank failure: temporarily?

Mar 13, 2023

Stablecoin USDC lost its peg of 1 dollar. In the early hours of past Saturday, it even temporarily fell as low as $0.89. The reason is that Silicon Valley Bank (SVB), which held dollars that backed USDC, went under. Only after the American Government made the assurance that SVB depositors will be made whole, USDC recovered to $0.99.

Exploring the Metaverse: Lego is collaborating with Epic Games

Mar 10, 2023

Lego is one of the most successful brands in the world. In 2021 the company became the biggest toy manufacturer worldwide according to its revenue of over €7 billion. The Danish company is not only actively selling its famous building blocks but is also engaged in producing movies, books, and video games based on its iconic products. It looks like the company is not stopping there and is willing to explore new parts of the digital realm.

Bearish Friday: why are prices dropping?

Mar 10, 2023

Both Bitcoin, Ether and traditional bank stocks in the US dropped about 8% overnight. Both the crypto and the traditional financial sector have their issues. Let's list a few recent problems and deal with the negative news head-on, so we can focus on all the good developments later.

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