News Explorer — Debasement Trade? Here's What It Means for Bitcoin

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Oct 9, 5:31 pm

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Debasement Trade? Here's What It Means for Bitcoin

The "debasement trade" narrative resurfaces with Bitcoin's price movements, reflecting a shift towards scarce assets amid fears of currency devaluation. Advocates view Bitcoin as a hedge against inflation and government overspending, emphasizing its fixed supply and anti-dilutive nature.

The "debasement trade" narrative resurfaces with Bitcoin's price movements, reflecting a shift towards scarce assets amid fears of currency devaluation. Advocates view Bitcoin as a hedge against inflation and government overspending, emphasizing its fixed supply and anti-dilutive nature.

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Oct 10, 2:17 pm

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Analysts Caution About the US Deficit Overshadowing Record Highs in Bitcoin, Gold, and Stocks

Analysts warn that despite soaring Bitcoin, gold, and stock prices, the U.S. deficit poses a growing threat as the count... Read Summary

Oct 10, 1:47 pm

Decrypt

All Morgan Stanley Clients Will Have Access to Crypto Fund Investments: CNBC

Morgan Stanley will expand its crypto offerings, granting all clients access to digital assets starting October 15. Prev... Read Summary

Oct 10, 11:58 am

Decrypt

Zcash Leads Privacy Coin Rally, With Veil and Railgun Also Surging

Zcash (ZEC) surged 48% in a week, hitting over $268, its highest since April 2022. The rally extended to other privacy coins like Veil Token (VEIL) up 248% and Railgun (RAIL) up 225%. Read Summary

Oct 10, 9:30 am

Decrypt

Mixed Reactions From UK Crypto Industry on Bank of England's Proposed Stablecoin Holding Limits

The Bank of England's potential waiver on stablecoin holding limits has received mixed reactions from the UK crypto indu... Read Summary

Oct 10, 5:52 am

Coindesk

Monero's Fluorine Fermi Upgrade Strengthens Privacy Against 'Spy Nodes'

Monero has released an upgrade, Fluorine Fermi, to enhance protection against spy nodes in its decentralized peer-to-pee... Read Summary

Oct 10, 4:42 am

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Crypto Salaries Down This Year While Digital Asset Prices Soar

Crypto salaries are decreasing industry-wide, with compensation falling for most roles and regions. The 2024/2025 Crypto... Read Summary

Oct 10, 2:41 am

Decrypt

Coinbase, Mastercard Mull Acquisition of UK Fintech Stablecoin Firm BVNK in Separate Deals Worth Billions

Coinbase and Mastercard are in advanced talks to acquire U.K.-based fintech firm BVNK, specializing in stablecoin infras... Read Summary

Oct 9, 10:46 pm

Decrypt

Arthur Hayes Predicts Bitcoin's Cycle Is Over

Arthur Hayes believes that the traditional four-year cycle of Bitcoin is over, as he argues that an increased money supp... Read Summary

Oct 9, 9:30 pm

Decrypt

UK Man Imprisoned for Illegally Securing Covid Loan, Spending It on Crypto

Haralambos Ioannou, a rural English glass-fitting company owner, received a 22-month prison sentence for misusing Covid-... Read Summary

Oct 9, 9:06 pm

Decrypt

Analysis: Will Bitcoin and XRP Surge or Slump Next?

Traders on Myriad predict Bitcoin to hit $140,000 before dropping to $110,000, while XRP is expected to reach $4 before... Read Summary

Oct 9, 7:37 pm

Protos

BNB Meme Coin Prices Crash After Binance Founder Denies Endorsing Them

Binance founder Changpeng Zhao faced backlash for launching Meme Rush, a BNB Chain meme coin launchpad, and said that he... Read Summary

Oct 9, 7:49 pm

Decrypt

Guess Who Just Bought Bitcoin? Yep, It's Luxembourg

Luxembourg, led by Minister of Finance Gilles Roth, has invested 1% of its $811 million portfolio into Bitcoin ETF share... Read Summary

Oct 9, 6:31 pm

Decrypt

Monad Airdrop Claims Set to Open—Here's What You Need to Know

Monad's long-awaited token airdrop will begin next week, with the claim portal opening on Tuesday. Details about eligibi... Read Summary

Oct 9, 6:10 pm

Decrypt

Nevada Federal Judge Denies Crypto.com's Request for Relief in Prediction Market Case

A Nevada federal judge denied Crypto.com's request for relief, following a similar case with Kalshi. The judge ruled aga... Read Summary

Oct 9, 5:31 pm

Decrypt

Debasement Trade? Here's What It Means for Bitcoin

The "debasement trade" narrative resurfaces with Bitcoin's price movements, reflecting a shift towards scarce assets ami... Read Summary