Tag: Venezuela

Cornell Index Shows Bitcoin Rises When Banks Fail

A recent Cornell University Bitcoin Adoption Index report reveals that Bitcoin usage surges in countries with unstable currencies and failing banks, such as El Salvador, Venezuela, and Nigeria, serving as a practical financial workaround.
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Bitcoin and Gold Correlation Reaches 6-Year Peak Amid Inflation Fears

Bitcoin Magazine Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount Bitcoin is trading with gold — something it does when investors lose confidence in the dollar. This post Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

French Hill Seeks Bipartisan Support for Clarity Act Before September Vote

U.S. Representative French Hill stresses the need for bipartisan support to pass the cryptocurrency Clarity Act before the September 15 vote, highlighting remaining discussions over ethics provisions.

Kraken and SoFi Bridge Crypto Trading With Banking Systems

Kraken and SoFi Technologies have partnered to route SoFi crypto orders through Kraken Prime and list the bank-issued stablecoin SoFiUSD, bridging traditional banking systems with digital asset trading.

Bitcoin Surges Past $81,000, Lifting Related Stocks

Bitcoin surged past $81,000 on Thursday, driving significant gains for crypto-related equities including Strategy, Coinbase, and various mining firms amid favorable regulatory and macroeconomic developments.

Standard Chartered Launches Bitcoin Trading Services in the UAE

Standard Chartered has launched spot bitcoin trading for institutional customers in the United Arab Emirates, marking a first-of-its-kind service within the nation as the bank expands its digital asset offerings globally.